FacebookTwitterGoogle+RedditEmail

Bought-and-Paid-For Journalism

by CORPORATE CRIME REPORTER

There was a time long ago when reporters sided with the folks on the other side of the tracks.

Why?

Because often the reporters themselves were from the other side of the tracks.

When Wall Street stumbled, reporters cheered.

Now, journalists are bought into corporate America.

With pension funds, and real estate, and kids on the Ivy League track.

When Wall Street stumbles, they fret for their collective futures.

It’s rare to get a corporate journalist to even visit the other side.

To admit that the other side exists.

But even with the consolidation of corporate journalism, there still existed an imaginary wall separating the editorial from the advertising side of most corporate newspapers.

It has kept alive in the public mind the illusion of objectivity.

Now, that wall too is crumbling.

Earlier this month, the Philadelphia Inquirer announced that the front page of its business section will be sponsored by Citizens Bank.

According to the Inquirer, a Citizens Bank ad will appear across the bottom of the front page of the business section–and another smaller ad in the top corner.

And a front page business column will appear in green–the bank’s color–and will be paid for by the bank.

“In a more unusual arrangement, a Citizens Bank label will run with a new column produced by Inquirer writers and editors,” the Inquirer reported earlier this month. “Some of the revenue from the ads will be used to hire an editor for the column, which will focus on short news items about local, publicly traded companies. The new feature will be boxed in green, Citizens Bank’s color.”

Inquirer editor William K. Marimow said Citizens Bank will have no control over the content of the new column.

It will be “100 percent based on our news judgment and prerogatives,” Marimow said.

We eagerly await critical reporting from the Inquirer on redlining in Philadelphia.

On the downside of mergers in the banking industry.

On enforcement actions brought against the company or its subsidiaries.

On how big corporations throw around their civic muscle by buying naming rights to a new ballpark. It’s not the Philadelphia Phillies ballpark–it’s Citizens Bank Park.

On how bank credit card companies rip off consumers with outrageous fees.

On how bank ATM’s rip off consumers with out-of-network fees.

We won’t hold our breath.

But at least we now can say–no more illusions.

Or as Upton Sinclair put it bluntly in his 1919 classic The Brass Check, “The thesis of this book is that American journalism is a class institution serving the rich and spurning the poor. . .Politics, journalism, and big business work hand in hand for the hoodwinking of the public and the plundering of labor.”

Bought and paid for.

CORPORATE CRIME REPORTER is located in Washington, DC. They can be reached through their website.

 

 

More articles by:
January 23, 2018
Carl Boggs
Doomsday Panic in Hawaii
Mark Ashwill
If I Were US Ambassador to Vietnam…
Jack Rasmus
US Government Shutdown: Democrats Blink…Again
Nick Pemberton
The Inherent Whiteness of “Our Revolution”
Leeann Hall
Trump’s Gift for the Unemployed: Kicking Them Off Health Care
Dean Baker
Lessons in Economics For the NYT’s Bret Stephens: Apple and Donald Trump’s Big Tax Cut
Mitchell Zimmerman
Law, Order and the Dreamers
Ken Hannaford-Ricardi
The Kids the World Forgot
Dave Lindorff
South Korea Slips Off the US Leash
Ali Mohsin
Extrajudicial Murder of Pashtun Exposes State Brutality in Pakistan
Jessicah Pierre
Oprah is No Savior
John Carroll Md
Keeping Haiti in Perspective
Amir Khafagy
Marching Into the Arms of the Democrats
January 22, 2018
Patrick Cockburn
It’s Time to Call Economic Sanctions What They Are: War Crimes
Jim Kavanagh
Behind the Money Curtain: A Left Take on Taxes, Spending and Modern Monetary Theory
Sheldon Richman
Trump Versus the World
Mark Schuller
One Year On, Reflecting and Refining Tactics to Take Our Country Back
Winslow Wheeler
Just What Earmark “Moratorium” are They Talking About?
W. T. Whitney
José Martí, Soul of the Cuban Revolution
Uri Avnery
May Your Home Be Destroyed          
Wim Laven
Year One Report Card: Donald Trump Failing
Jill Richardson
There Are No Shithole Countries
Bob Fitrakis - Harvey Wasserman
Are the Supremes About to Give Trump a Second Term?
Laura Finley
After #MeToo and #TimesUp
Howard Lisnoff
Impressions From the Women’s March
Andy Thayer
HuffPost: “We Really LOVED Your Contributions, Now FUCK OFF!”
Weekend Edition
January 19, 2018
Friday - Sunday
Paul Street
Dr. King’s Long Assassination
David Roediger
A House is Not a Hole: (Not) Caring about What Trump Says
George Burchett
How the CIA Tried to Bribe Wilfred Burchett
Mike Whitney
Trump’s Plan B for Syria: Occupation and Intimidation
Michael Hudson – Charles Goodhart
Could/Should Jubilee Debt Cancellations be Reintroduced Today?
Marshall Auerback – Franklin C. Spinney
Boss Tweet’s Generals Already Run the Show
Andrew Levine
Remember, Democrats are Awful Too
James Bovard
Why Ruby Ridge Still Matters
Wilfred Burchett
The Bug Offensive
Brian Cloughley
Now Trump Menaces Pakistan
Ron Jacobs
Whiteness and Working Folks
Jeffrey St. Clair
The Keeper of Crazy Beats: Charlie Haden and Music as a Force of Liberation
Robert Fantina
Palestine and Israeli Recognition
Jan Oberg
The New US Syria “Strategy”, a Recipe For Continued Disaster
ADRIAN KUZMINSKI
The Return of the Repressed
Mel Gurtov
Dubious Partnership: The US and Saudi Arabia
Robert Fisk
The Next Kurdish War Looms on the Horizon
Lawrence Davidson
Contextualizing Sexual Harassment
Jeff Berg
Approaching Day Zero
FacebookTwitterGoogle+RedditEmail