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News organizations already do this, they're called ads. You have (in theory) a clearly defined content section that is (in theory) honest, and not biased or bri
by OneLessThing 12y ago
News organizations already do this, they're called ads. You have (in theory) a clearly defined content section that is (in theory) honest, and not biased or bribed. This section earns consumers trust in the news organizations brand and keeps eyeballs returning to their content. Then you have the advertising section that is 100% biased to those buying the space. News organizations have always been primarily an advertising business, getting eyes to ads.
The danger is letting companies influence sections that are believed to be objective and honest. One example of this is Michael Arrington the founder and former editor-in-chief of TechCrunch who is famous for investing in start-ups that his blogs would then cover. Not only that but he was partner in two investment funds during his tenure and now has his own fund, CrunchFund. All this to say that he has special interests in dozens of companies at any one time. When AOL bought TechCrunch they eventually let him go because in part of his conflicts of interest.
- datashovel 12y agoMy comment might not have been clear. I didn't mean to infer ads. In my mind there's a clear and distinct delineation between advertising and marketing. I guess the point I was trying to make is that the kinds of marketing that companies want these days is going to be far more immersive than your run of the mill ads. This, I think, was one of the main points of the parent comment. As such, I would postulate that the skillset necessary to write a good article, or in-depth (eg. investigative journalism) story, is very similar to the skillset necessary to create (or find?) the stories a company wants people to know about it. Now, the tricky part would be to engage in both journalism and marketing so as not to uproot the integrity (or give people reason to think your integrity as a news organization has been compromised, or that you are engaging in business with clients who clearly create a conflict of interest. For example, suppose you are a newspaper / magazine who has a reputation as being a "watchdog" publication for the oil industry. Now suppose that while that branch of your business has established a reputation as a "watchdog" publication for the oil industry, the marketing arm of your business has clients like Exxon or Shell. To maintain the integrity of your journalism branch perhaps you should be working with clients seeking marketing services from other (eg. retail) industries. The only reason this synergy sounds reasonable and even plausible to me is the well documented "crisis" news organizations worldwide are facing these days.