For media, convention coverage is expensive but essential

For the economically challenged news industry, the calculation looks something like this: Seven days of coverage spread over two weeks. Thousands of reporters scrambling for a limited pool of stories. Enormous expenses. Limited viewer, reader and advertising upside.

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via Style: Culture, Arts, Ideas & More – The Washington Post http://www.washingtonpost.com/lifestyle/style/for-media-convention-coverage-is-expensive-but-essential/2012/09/06/daf5cdb4-f849-11e1-8253-3f495ae70650_story.html?wprss=rss_style

Washington Post editors back writer who made changes to story at subjects’ request

Should reporters let their sources see their stories before they’re published or aired? Some journalists think it helps make news reports more accurate. But most shun the practice, fearing that it could enable a source to demand changes that soften criticism or alter a story’s findings.

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via Style: Culture, Arts, Ideas & More – The Washington Post http://feeds.washingtonpost.com/click.phdo?i=27910382c89290141ad33aa0229f87c9

Chris Hughes, once a new-media pioneer, makes bet on old media with New Republic

Chris Hughes’s first business venture worked out nicely. As a teenager, he helped start something called Facebook. Within four years, working mostly part-time, Hughes vaulted into the ranks of the stratospherically wealthy. He wasn’t quite 23 years old.

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via Style: Culture, Arts, Ideas & More – The Washington Post http://www.washingtonpost.com/lifestyle/style/chris-hughes-once-a-new-media-pioneer-makes-bet-on-old-media-with-new-republic/2012/07/08/gJQA4fY5WW_story.html?wprss=rss_style