Posts Tagged ‘CNBC’

Erie media and the time crunch

Over the past week I’ve made a significant observation: when I get out of my Press and Tower journalism mode, and act as a typical Erie citizen in my routine, I consume little traditional Erie media.

The reason why this is occurring to me now is that for the past week, I’ve had a few really big deadlines at work that have me concentrating on the tasks morning, noon and night, so my blogging juices have gone on the back burner for a little while. My schedule put me in a mode of everyone else who doesn’t have a regular blog deadline, and here’s what I found out.

When I was in radio, we talked about “appointment radio;” making moments that people would stop and change their routine to listen to. This past week, when my life made me just average busy Joe Cume member, I found that there is very little in Erie media that I’ll make an appointment to watch, read or listen. Perhaps the most regular consumption is 15 minutes scanning the Times-News with my coffee and cereal. 15 minutes of NPR or Barry and Jim on the way to work. More sporadically I’ll catch Sean and Selena, or Amanda and Kevin about once a week each. Music on the radio is a weekend thing, 80′s on Classy 100, swing on WQLN, and worship on WCTL. Like many, I find that media viewing and listening is a secondary action while doing something else: eating, driving, getting ready for bed.
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Poll: is the media hyping the economic downturn?

Our Press and Tower poll respondents are bucking the national trend when it comes to television viewing volume. Only 14 % who answered the poll said that they were watching more TV than a year or two ago, with the other respondents splitting down the middle between the same amount of viewing, or even less TV.

Probably you’re in the same boat as me, I’ve been watching more CNBC and other financial news lately as I try to learn about our current world economic situation. In the past week however, I’m starting to hear a growing trend of interviewees blaming “the messenger.” The CFO of General Electric was on Squawk Box saying that we are in a “severe negative news cycle.” Even the Oracle of Omaha, Warren Buffett commented during Monday morning’s exclusive three-hour block that we are in a “negative feedback” spiral.

Given there is plenty of real bad news to report. But, since regaining confidence in our country and economy is the first step to recovery, do you think that the 24-hour news media is making things worse?

Is the media too negative in covering the economic downturn?

  • Yes - the more sensational they get, the more papers and higher ratings they receive (86%, 19 Votes)
  • No - they are just telling it like it is (14%, 3 Votes)

Total Voters: 22

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The Feed Weekend Extra: CNBC and the financial crisis

NBC Universal properties continue to make news both in The Press and Tower, and the mainstream media. I didn’t want you to miss this excellent piece from NPR’s David Folkenflik about how the unfolding financial crisis has changed the business cable channel CNBC and their reporting.

Click here to read and/or listen to the story.

Poll: how connected are you “on-the-go”?

The financial crisis has dominated the news the past few weeks, and last week we asked the question how you felt the media was doing in explaining the problems with our economy. The overwhelming majority felt that the media helped them achieve at least a basic understanding of the issues at hand.

This week we’re interested on how pervasive wireless technology is with our readership. Just how “tethered” are you?

How connected are you "on the go"?

  • Smart phone with email and internet access (45%, 14 Votes)
  • Normal cell phone with text package (29%, 9 Votes)
  • Normal cell phone only (19%, 6 Votes)
  • No cell phone (6%, 2 Votes)
  • Smart phone with email package only (1%, 0 Votes)

Total Voters: 31

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Poll: how well informed are you on the financial crisis?

Last week we posed the question whether or not Erie Mayor Joe Sinnott should hire a Communications Director to better manage the public relations priorities of City Hall. A majority of respondents voted yes, he should have someone manage his message better. However, the low amount of those answering the poll speaks volumes about the ambivalence over the issue, and perhaps city policy…which again, speaks to the need for someone to communicate the city’s relevance! Oh well, next question:

This week was an unprecedented one in the financial markets. One investment bank goes bankrupt, another swallowed up, the government takes over Fannie, Freddie and AIG. And the stock market moves 1500 points in both directions. The general media providers leaned heavily on their financial specialists to explain all the complexity. How do you think they did?

On a scale from 1 to 5, how well are you being informed by the coverage of the current financial crisis?

  • 3 - I have a basic knowledge of the situation from the coverage (47%, 9 Votes)
  • 4 - The media has done a good job of keeping me informed on the events (26%, 5 Votes)
  • 5 - The coverage has helped me thoroughly understand this complex situation (16%, 3 Votes)
  • 1 - I'm clueless, the media has been no help (5%, 1 Votes)
  • 2 - What I'm watching and reading just confuses me further (6%, 1 Votes)

Total Voters: 19

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Poll: How much did you watch the Summer Olympics?

How much did you watch the Summer Olympics?

  • A bit more than four years ago (35%, 11 Votes)
  • I was a total Gold Medal addict! (23%, 7 Votes)
  • Olympics, what Olympics? (19%, 6 Votes)
  • Caught a little Phelps Phever, but watched less overall (16%, 5 Votes)
  • About the same as Athens (7%, 2 Votes)

Total Voters: 31

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