Maybe I am just being grumpy, but I am still stunned by the poorly written press release from the Newspaper Association of America (menioned in earlier post). I am probably more stunned by the fluffing of the numbers and the stiff direct quotes (obviously written by the PR folks -- nobody speaks like that!) from leadership, however, than I am by the ungrammatical and flackified writing.
From the press release:
"In addition, on average newspaper Web sites have contributed to a 13.7 percent increase in total newspaper audience for the coveted 25- to 34-year-old demographic and a 9.2 percent increase for 18- to 24-year-olds (Scarborough)."
Compare those numbers to ones listed in an Editor&Publisher story:
"Bear Stearns analyst Alexia Quadrani noted slowing online growth in a brief to investors regarding Q1 results. She pointed to Yahoo’s difficulties over the past twelve months, The New York Times Co.’s About.com -- where revenue advanced 26% in Q1 compared with 98% in Q1 2006 -- and the revenue shortfall at E.W. Scripps' Shopzilla as evidence of the slackening pace.
In Q1 2006, online advertising for the companies that Bear Stearns covers, rose 35% versus 22% for Q1 of this year. 'A double digit revenue growth profile is still impressive,' she wrote, 'However, at 7% of revenues on average, the rate of deceleration is a bit of a concern as this online segment may not ever become a sizable enough contributor to offset losses in the print world.' "
Granted, they are looking at different numbers, but there is not a hint of negativity in the NAA release. I visited the NAA site and poked around a bit and found the same thing. Reading through the site leads one to conclude that the newspaper industry, thanks in no small part to the NAA, is healthy and on the upswing. It is?
Just for chuckles, I visited GuideStar.org, which provides information about non-profits. (I visit the SEC site to get background on public companies.) I don't know what the dues are for NAA, but the most recent IRS Form 990 showed some mighty high salaries -- including nearly $1 million in total compensation for the president -- for an organization whose hype is bigger than its help.
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