The poor in Ethiopia are often unable to buy newspapers, so they 'rent' papers for 20-30 minutes at a time
from local entrepreneurs.
WSJ: Moguls of New Media Have nearly a million friends on MySpace
and you get $5000 endorsements. Make a comedy podcast with cocktail recipes
and you get endorsed by Steve Jobs and get interest from advertisers. Post seemingly impossible self-potraits on Flickr
and you get hired by Toyota. The Wall Street Journal looks at these and many more "whos' who of new media"
. from BlogHer
The Price of Payola and Fake News? 1.6 billion dollars for just 2003-5 alone.
The GAO's new report lays it out. That's how much seven federal departments spent from 2003 through the second quarter of 2005 on 343 contracts with public relations firms, advertising agencies, media organizations and individuals, according to a new Government Accountability Office report. ... The new report reveals that federal public relations spending goes far beyond "video news releases."
(full report is a PDF download from there)
And there's another scandal coming, if Wonkette has it right.
The Forbes Fictional 15
-- it is list season, after all--the usual suspects, and some new entries. Daddy Warbucks (Net Worth: $27.3 billion, attended SUNY Stony Brook) gets this: Iraqi conflict has been kind to Warbucks; recipient of multiple defense contracts; cat-food holdings also up.