People don’t care about scoops, they care about trust

Posted on February 23, 2012 by maxkeiser| 6 Comments

Trust, as Newmark likes to say, is “the new black.”

We’ve written a number of times about how social media and the “democratization of distribution” has compressed the news cycle to the point where the half-life of a scoop is measured in minutes rather than hours or days. And judging by a survey of media attitudes that Craigslist founder Craig Newmark has just released, the number of people who care about who reported something first is rapidly diminishing — if it was ever that big to begin with. Instead, what matters most to readers and listeners and viewers is the trustworthiness of the source, whether it’s a TV program or a newspaper. Trust, as Newmark likes to say, is “the new black.”

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6 Responses to People don’t care about scoops, they care about trust

neweveryday | February 23, 2012 at 8:45 pm |

See that spade! It is a spade, it does the work of a spade and it is called a spade.
flicks | February 23, 2012 at 10:29 pm |

MSM
ya did a lie ge me the keys and exit please

http://www.youtube.com/watch?v=4lkuyR3-zI8

bbbbbbbbye bye
bit chin | February 23, 2012 at 10:44 pm |

http://www.youtube.com/watch?v=k8vMmgeDiKU
flicks | February 23, 2012 at 10:48 pm |

Hold ya nose before you read this it really stinks:

http://www.telegraph.co.uk/news/politics/9100817/The-private-sector-exposes-fraud-where-the-state-only-lets-it-fester.html
bit chin | February 23, 2012 at 11:44 pm |

@flicks – Thanks for the link. I have a few things to say about it.

There’s no point in have journalism that doesn’t investigate. Otherwise it’s just a mouthpiece for propaganda. This article manages to be just that and displays a narrow-minded and shallow look at the inner workings of corruption (with a poor reference to history to boot) Such superficial observation should be made illegal to be published under some sort of journalism laws IMO.

This situation, where the public sector is exposed as being corrupt as opposed to the hard-working, honest private sector (Guvn’or!) is complete bollocks in these simple terms. In truth, it is far more complicated and corrupt that that. It may have even been engineered to turn out this way as some sort of false-flag exercise.

In the UK at the end of Thatcher’s reign – leading into Major’s cabinet – the tories rolled out PFI (Private finance initiative) contracts for public services. When Blair took over in 1997 these were renamed PPP (Public Private Partnerships) but served much the same function – paying private companies to run public services. They changed the names a few times to PPI, PP-kiss-my-dick and so on, but they all had much the same function. Basically public partnerships = privately run – but the public pay for this, so they are publicly funded – and the majority of these companies are based off-shore so they keep the profits while paying very little tax back to the UK.

In the final analysis, it is (and always was) the private sector which corrupted and bankrupt public services – whether it was a ‘state run’ Labour government or ‘privatised’ Conservative one. The argument for ‘left’ and ‘right’ politics is merely a divide and conquer tactic – which I’m surprised still rubs with the electorate.
Alf | February 24, 2012 at 2:04 pm |

@neweveryday
“See that spade! It is a spade, it does the work of a spade and it is called a spade.”

…unless your name is Rupert Murdoch because “a spade” doesn’t make money.