Media Should Think ‘Maybe We’re Just Doing This Wrong’
Media coverage of the economy in recent months should make journalists wonder what kind of job they're doing, according to Business & Media Institute Vice President Dan Gainor.
"‘If it bleeds it leads' has always been one theory. That only works up to a point," Gainor told Fox Business Network host Neil Cavuto June 2. "When you are actually spinning the results so much so that they're more negative than the worst economic time period in American history, well then you really have to sit back and think, ‘Maybe we're just doing this wrong.'"
"The media coverage [of] Bear Stearns [was] more than four times more negative than when the stock market lost 30 percent in six days," Gainor said, referring to findings published in a new BMI report, "The Great Media Depression."
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Friday, June 13, 2008
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