Newspaper News - Written by Robert Ivan on Tuesday, April 28, 2009 22:35 - 0 Comments

IBD Editorial Slams Major Media

Dying For An A -from Investors.com

Investors Business Daily has a short article in their editorial section today entitled “Dying for An A”.  The article starts out with this line, “From once-revered print institutions to formerly dominant TV giants, the major media are crumbling. And the White House press secretary just told them why, “grading” them a “strong A” — A for acquiescence.”

The article then goes on to explain that “White House Press Secretary Robert Gibbs, who recently took it upon himself to give the White House press corps a collective report card affixed with a gold star, telling reporters he was awarding them “a strong A” for their coverage of the administration’s first 100 days”.

Zing!

IBD has an agenda and people usually either love IBD or hate it, but you have to respect their ridiculous number of revenue streams, and print circulation… growth!  IBD generates approximately $10 million in annual revenue from its seminar business.” as reported recently in TheBigMoney.

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