Sam Zell was apparently upset that BusinessWeek portrayed him as an overleveraged, under-intellectualized nimrod in an article this summer.
Tribune spokesman Gary Weitman wrote a letter complaining that the article was a "disappointing compilation of inaccuracies, half-truths, and incomplete reporting."
Only the problem is, Weitman did not point out a single inaccuracy or half-truth. He disputed not a single fact in the article. As for "incomplete," BusinessWeek actually published a transcript of Zell's interview, letting him prattle on far longer than anyone has a right to do.
The Retch is not an idealist. But for the owner of a media company dedicated to telling the truth, Zell has shown precious little regard for it himself. He has tried to manipulate reports on the company's financial health. And now he is deploying the cheap rhetorical techniques of a propagandist to smear a completely accurate news article.
Not only that, but the Tribune letter itself is full of miraculous and unsupported claims. Weitman says that the Tribune is currently building some kind of Willy Wonka type software that will "ingest" any type of content--video, audio, text--and spit it out onto any type of platform--the web, Kindle, newsprint.
This magical software is one of Randy's favorite topics, and the language in Weitman's letter exactly mirrors Randy's previous comments about it. (Meaning, in all likelihood, that the notoriously thin-skinned Randy is probably the Zellot behind the duplicitous counter attack on BusinessWeek).
But the idea that the Tribune has some secret Skunk Works capable of churning out a piece of software that has been the Holy Grail for the entire Internet era is totally preposterous. I mean, if the Tribune actually has a beta, alpha or theta version of that kind of universal digital data software, I hope they put it out soon. It would save the entire company.
Then, Weitman claims that "we're also resizing (our papers) to better match user habits. We can't afford to print a two-hour read when consumers typically spend only 20 minutes with the paper."
Only we don't do that. Nobody expects a newspaper to be read front to back. A newspaper is a smorgasbord. There's supposed to be a little something for everybody, so some people read sports, while others read Marmaduke. It's not a book that you're supposed to read from the front page and finish two hours later when you get done with the truss ads. So if Randy & Co. think that they will increase readership by shrinking the newspapers into the size of a PTA newsletter, they're out of their minds. A tiny newspaper will attract fewer readers, not more.
In a final instance of suspect verbage, Weitman claims that "there are many examples of change at Tribune—driven not just from the top, but from the thousands of employees who believe in this industry and, most importantly, in our company."
The Retch realizes that "many" is a classic journalism weasel word--most any quantity can be called many--but why can't Weitman give at least one or two examples? 'Cuz the Retch is having a hard time thinking of any major changes to this company driven by a rank and file employee and not one of the Zidiots. For a company supposedly owned by and run for the benefit of employees, the Tribune management's changes--firings, downsizing, shrinking of the product--mostly have damaged this company's long term value.
Weitman closes his non-complaint letter--lacking a single example of error--by saying that the Tribune is attacking BusinessWeek's reporting because "occasionally the claims are so egregious we have to set the record straight."
The Retch totally understands.
Monday, September 8, 2008
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8 comments:
From Weitman:
"We're building a streamlined, single-technology platform. It will ingest and process audio, video, photos, text, graphics, and other content and process it for dissemination to TV stations, printing plants, Web sites, PDAs, cell phones, and other devices."
This has been a project Tribune has been working on since its strategic plan inception in 1996, courtesy of 2 senior broadcast engineers (who since, ahem, left the company). See
http://www.enps.com/news/news_detail.aspx?ID=83
Hardly anything innovative by the radio frat boys. And certainly one that has been kicking about the industry for well over a decade. Havent these radio boys been going to NAB?
Betting money says that if the holy grail is ever found, it will be by someone far more savvy than Tribune's lumbering 2x4s.
ok, so the "frat boys" may not be geniuses, but wtf were the "2 senior broadcast engineers" doing for the past decade? and why have i never heard of this grand plan before? maybe this whole operation is fucked, but at least zell and company don't take two years to re-design a newspaper. ninety days, motherfuckers! get cracking!
By the time they build this thing, there won't be anybody left to actually produce the content.
They're such nimrods.
More on the above... from 2006:
http://www.broadcastingcable.com/article/CA6315205.html
Until the Zell Pogrom when they down-sized their best, most experienced minds on the matter Tribune DID have a strategy.
Let's see, is Trib going to get even cozier with CCI Europe and buy NewsGate? http://www.ccieurope.com/news/articles/757-us.asp
Or, will Trib further leverage their MerlinOne content sharing synergy. . .http://www.merlinone.com/MerlinOne/News_Releases_files/PR_Tribune_selects_Merlin_30609f.pdf . . . by upgrading PictureDesk with Merlin Content Manager and Merlin Video? http://www.merlinone.com/MerlinOne/Merlin.html
These systems don't come cheap! Whatever solution Trib chooses, they'll justify the capital expense by the number of bodies that can be eliminated when it's all said and done. Right Randy?
The next question is, will the new systems be vendor hosted or supported by Trib's own lean, mean IT machine? The IT staff across Trib properties was considered second to none in the business, until Zell came along. Now it's a mere skeleton of survivors that kept their head low when Randy was weiding his axe. The new centrally managed "team silo" concept is going to bite Randy right in his humugous a$$ when a critial systems failure prevents a property from publishing.
http://www.allbusiness.com/services/business-services-miscellaneous-business/4685333-1.html
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x694625
The innovative part comes when they actually do it. I haven't seen Zell but when Randy Michaels was here he was pretty clear that the secret sauce wasn't in ideas but in execution.
Instead of standing around feeling superior because no one has been able to accomplish what they're trying, why not figure out ways to help?
"and why have i never heard of this grand plan before?"
Thats a tough one. I think you need to read trade magazines and keep up with the industry, and listen to anuual reports to hear about things like this.
And the reason it has taken the industry 10 years, not just Zibune, is what I think is called Convergence of Technology. That and the cost of storage space for the assets was prohibitive untlil receently. Not to mention the changing landscape of compression technology for distribtion.
Actually now that I put it down in text, seemed ridiculously simple to figure out.
And I havent even had my morning cup of joe.
Oh, and that newspaper re-design is a pig on lipstick for sure.
I have ZERO faith that Randy Michaels will actually make this Holy Grail-like dream of a single technology platform a reality. So much about Tribune's technology efforts have been cheap and shortsighted, especially now under the Zellster.
For most of us, this fancy talk about a super-neato technology advancement is just their distraction from their inability to really set up a management/worker structure at Tribune newspapers that makes sense for the web/print realities of today.
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