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Newspapers Far From Dead But Looking to Shift Burden of Revenue, Panelists Say
Newspapers are still looking to “unlock the funding streams” that will keep vibrant journalism alive, but most of them still make money today, if not the profits they had once enjoyed, panelists told host Marvin Kalb on the latest edition of “The Kalb Report” Oct. 5. “The Post will be here for a long time to come,” said Marcus Brauchli, executive editor of the Washington Post. “We serve readers over every platform that comes along. Our circulation has been stable over the last year or so.” Even with all of the personnel cuts in the newsroom and the reduction in the news hole during the past…
Type: News
ACORN Leader Concedes Scandal, Vows Reform, New Successes
The CEO of the embattled community organizing group ACORN vowed to reform its management in the wake of scandal and funding cutbacks at an Oct. 6 Speakers Committee news conference. “Nothing will be able to wipe away these 40 years of work, and nothing will be able to stop us from 40 more,” Bertha Lewis said. ACORN, founded in Little Rock in 1970, claims nearly 500,000 dues-paying members as it advocates for raising the minimum wage, improving banking practices for low-income customers and expanding voter registration. Lewis, director of the New York office before she succeeded founding CEO…
Type: News
Semiconductor Exec Stresses Importance of Educated Workforce
GlobalFoundries, a new semiconductor company, is swimming against the economic tide. In the midst of a deep recession, it broke ground over the summer on a $4.2 billion manufacturing facility in upstate New York that will employ 1,500. The firm chose a domestic location for its operation rather than China, Brazil or Russia because of the “ecosystem” created by the collaboration between government, educational institutions and the private sector, GlobalFoundries chairman Hector Ruiz said at an Oct. 5 Newsmaker. Over the last 15 years, the state has been developing the region that includes…
Type: News
U.S. Postal Service in acute financial crisis, Postmaster General says
The 234-year-old U.S. Postal Service is in acute financial crisis, John Potter, the 72nd Postmaster General said Thursday during a National Press Club luncheon. After losing a projected $7 billion in the fiscal year ending Sept. 30, Potter said he is working to help the USPS reinvent itself. It won’t be an easy task, as 28 billion fewer pieces of mail were sent last year compared to fiscal year 2008, he said. Potter said that holiday mail, one of the traditionally highest volume periods of the year, was flat last year — and he expects it to be flat this December, as well. In addition to more…
Type: News
Thomas Friedman to Receive NPC Fourth Estate Award
Thomas Friedman, the ground-breaking New York Times foreign affairs columnist and author, will receive the 2009 Fourth Estate Award, the National Press Club's highest honor. The award is bestowed annually to an individual who has achieved distinction for a lifetime of contributions to American journalism. And that’s just what Friedman, a three-time Pulitzer Prize winner and author of best-selling books such as “Flat, Hot and Crowded,” has done, said Donna Leinwand, NPC president. “Tom Friedman has a passion for journalism that shows in his reporting and writing,” Leinwand said. “He has…
Type: News
Sheehan Describes Start of Cold War
“Without Bernard Schriever we might not be here this evening. We might be irradiated dust,” Pulitzer Prize-winning author Neil Sheehan told a Club audience Oct. 7. Sheeham's new book, "A Fiery Peace in a Cold War," tells the story of the Cold war from its beginning. After World War II, as the United States and the Soviet Union developed nuclear weapons, both sides had to decide on a delivery system for the bombs. Sheehan’s book recounts the arguments over a delivery system for the United States. Sheehan said that Gen. Curtis Lemay, who favored the B-52 bombers, and Gen.l Bernard Schriever,…
Type: News
Ventriloquist Dunham, "Little People in Boxes" Trade Barbs
How does a stand-up comedian react to having his act viewed 90 million times on YouTube in the past two years? Ventriloquist Jeff Dunham, appearing at the Club with his “little people in boxes” Oct. 12, said he was surprised by three things: developing an international following, performing in arenas when his previous highest aspiration had been to play theaters and finding that “I have three daughters, and I’m actually cool.” He expressed amazement that people in Helsinki could shout lines from his DVDs. Before the 2007 YouTube clip, Dunham said, he had been “top of the game at the comedy…
Type: News
Schieffer, Dowd, Tarde to Roast Friedman; Reserve Now for Nov. 13 Fourth Estate Award
Bob Schieffer of CBS's "Face the Nation," New York Times columnist Maureen Dowd and Jerry Tarde, editor in chief of Golf Digest, will join the National Press Club in roasting and toasting Thomas Friedman at the National Press Club's 37th annual Fourth Estate Award dinner on Nov. 13. Each year the NPC honors a journalist for his or her lifelong contributions to the profession, and this year's award will be presented to Friedman, a New York Times columnist who has won three Pulitzer Prizes. Two-tier ticket pricing for NPC members is: $95 per person for the general reception and dinner. $150…
Type: News
Private Equity Exec Outlines Plan to Plug Lending Gap
A private equity executive outlined her plan to revive lending to small and middle market companies at an Oct. 15 Newsmaker. Lynn Tilton, CEO of Patriarch Partners, said that her public-private investment proposal would plug the lending gap while faltering banks recover. The plan would utilize unused TARP funding to encourage qualified private investors to provide rescue financing to companies shut out of bank loan or credit markets. Tilton said that the program would help the small and medium-sized businesses that employ a majority of Americans while protecting the country's…
Type: News
Military Rescinds Ban on Images of War Dead
In the wake of protests by the National Press Club and other news organizations, the U.S. military command in eastern Afghanistan rescinded a ban on the publication of photos depicting slain U.S. military personnel. NPC President Donna Leinwand, a reporter with USA Today, had criticized the move in an Oct. 16 statement. "The U.S. military should not determine what is and is not news," Leinwand said. "Censoring journalists who cover war and permitting only government-approved news and photographs undermines our country's fundamental commitment to a free and independent press." In a democracy,…
Type: News