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Top 5 Papers June 21 to 28, 2020

Published by Anonymous (not verified) on Tue, 30/06/2020 - 12:12am in

Top 5 Papers, based on downloads from 06/21/2020 to 06/28/2020

#
ID
Abstract Title
Authors
Affiliations
Downloads

1
3623820
An Inconvenient Fact: Private Equity Returns & The Billionaire Factory
Ludovic Phalippou
University of Oxford – Said Business School
2578

2
3557504
Economic Effects of Coronavirus Outbreak (COVID-19) on the World Economy
Nuno Fernandes
University of Navarra, IESE Business School
2017

3
3547729
The Global Macroeconomic Impacts of COVID-19: Seven Scenarios
Warwick J. McKibbin, Roshen Fernando
Australian National University The Australian National University; Centre of Excellence in Population Ageing Research (CEPAR)
998

4
1160925
How to Read a Legal Opinion: A Guide for New Law Students
Orin S. Kerr
University of California, Berkeley School of Law
888

5
3500919
Why Google Dominates Advertising Markets
Dina Srinivasan
Thurman Arnold Project
829

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Generic COVID-19 Corporate Messaging

Published by Anonymous (not verified) on Fri, 26/06/2020 - 4:03pm in

You know how the ads go. They have THAT music. Some somber narrator comes on and announces that during these “uncertain times” given “what’s going on” that some corporation that never cared about you actually does.

Hooray! Murdoch Papers Too Ashamed to Publish Pathetic Circulation Figures

Ho ho! Zelo Street yesterday published a very interesting and amusing article about the continuing decline of the lamestream press. Jim Waterson, a hack at the Guardian, posted a series of tweets about the latest circulation figures for British newspapers. And they aren’t encouraging. Zelo Street has said for the past couple of months that the press has been badly hit by the lockdown. People simply aren’t buying papers. It’s why the Murdoch rags, inter alia, have been pushing for the lockdown to be lifted and actually took to implore their readers and internet followers to #buyapaper. They’re not remotely interested in the welfare of the great British public. But they are worried about falling sales and what Murdoch and the other chief inmates of News International will do about them – like start laying people off.

Waterson tweeted that, although the newspaper sales figures were supposed to be out that day, the industry had insisted that they should no longer be published. The monthly ABC sales charts have also been permanently stopped because they give a ‘stimulus to write a negative narrative of circulation decline.’ Which in English, rather than the garbled version spouted Newslink’s yuppie manager in the comedy series Drop the Dead Donkey, means that it encourages people to write about how the press is in trouble. Nevertheless, most of the papers did publish their figures. The exceptions were the Times, Sunday Times, Torygraph and the Scum. And the paper with the highest circulation was the Daily Heil, with 944,981 copies sold.

Well, as the character, Gus, once said, I’ll just throw that into your intellectual wok and see if it stir fries.

Zelo Street points out that this is the first time no newspaper has sold less than a million a copies. It also suggests that this has happened to the Sun, which is why the super, soaraway Current Bun is not publishing its figures. It’s possibly been supplanted by the Heil for the first time in 40+ yearsThe Street also argues quite reasonably that both the Heil’s and Scum’s Sunday editions will have worse sales than the dailies. This means that the press is in terminal decline and we’re entering the endgame.

Novara Media’s excellent Aaron Bastiani put an additional boot into the Murdoch title’s shame. If newspapers won’t publish their sales figures, then the Beeb shouldn’t review their front pages every morning. Unless we know these papers’ reach, it’s just giving them free advertising.

Good point.

Zelo Street also states that the press is probably going to lose even more readers when they work out that the papers they support wanted the lockdown lifted for the sake of their own profits, not out of concern for the public’s wellbeing. A number of may well die from Coronavirus infections picked up when the papers told them that the disease was nothing to worry about. And their survivors will put two and two together and decide not to continue supporting them. Or even bringing a class lawsuit against them.

See: https://zelo-street.blogspot.com/2020/05/press-heading-for-early-oblivion.html

My guess is that the reason the Torygraph and the Murdoch rags aren’t publishing their sales figures is partly economic. Apart from being embarrassed at how pathetically their mighty organs are doing, they’re also afraid of repercussions from advertisers. If they find out how low the newspapers are selling, they may well want the advertising rates reduced. This will mean a further drop in these newspaper’s income. Which means greater losses, and the threat of even more redundancies.

To many people it will come as absolutely no surprise that the Times and the Torygraph are in such a mess. Private Eye have covered many times their problems and falling circulation in its ‘Street of Shame’ column. In the case of the Torygraph, it’s problems are due to bad corporate management, including a devotion to internet gimmicks rather than solid news reporting and deliberately altering news content in their interests of the advertisers. This last policy so infuriated Peter Oborne that he left the paper and went instead to the Heil, making his own criticisms of it very public. There have already been redundancies and cutbacks, but these have failed to halt the paper’s continuing decline. The Eye has also said that the Times’ sales are now so low, that if it were any other paper it would either have been folded or put up for sale by its management years ago. But it’s the British paper of record, and so allows Murdoch to grab a place at the government table because of its prestige. Which means that if its circulation is so low that there’s no reason the Beeb, or anyone else, should take any notice of it, Murdoch’s ability to influence government decisions, even to act as kingmaker in his decision which party to support, is severely damaged.

Ditto with the Scum. It certainly didn’t have the Times‘ prestige or even its journalistic standards – indeed, it’s a matter of debate whether the scabrous rag had any standards at all. But it was Britain’s leading newspaper with a huge circulation, and more visibly influenced British politics through its shrill trumpeting of everything Thatcher and the Tories ever did, until Murdoch decided to flirt with New Labour. Now that’s also been seriously damaged.

Zelo Street is right in that these newspapers still have an influence beyond their print sales through their online presence, but there are problems here as well. Many of their articles are behind paywalls, which means that many casual readers won’t read them because they won’t want to pay or subscribe to the wretched rags. And if they are free, then it comes from money made from print sales. Which mean that when those go down, the paper’s ability to put up their articles free on the net also declines. The situation does not look good.

I’ve no sympathy for any of these foul rags. I suppose it’ll be a shame if the Times folds, after lasting for nearly 300 or so years. But as it, its Sunday counterpart and the Scum are just rightwing, Tory propaganda rags that lies, smear and libel decent people with absolutely no compunction, as far as I’m concerned it deserves to go under. Britain will be better off without them.

And while we’re on the subject, what about the sales figures for Private Eye? I know it’s a magazine rather than a newspaper, but much of it is news. My guess is that it’s circulation is also falling in line with the rest of the press. It’s hostility and snide remarks about left-wing news sites and internet organisations like The Canary and The Skwawkbox also seem to suggest that it’s afraid of their competition. Private Eye does publish some very good stuff, but it has also promoted the Blairites and the anti-Semitism smears against Corbyn’s Labour party, as well as other material which is utterly wrong. So I have very mixed feelings about it.

As for the rest of the press, their mostly right-wing propaganda rags, and so absolutely nothing worthwhile will be lost if they go under as well.

 

 

Rejoice! Murdoch Press Losing MILLIONS

Here’s a bit of good news amidst the horrors of this Tory government, the floods, deportations, rampant racism and the Coronavirus: the Murdoch press is losing money. Very big money. Zelo Street has just put up a very revealing piece about their accounts for the period ending June 2019. This reveals that the Murdoch empire has been hit with a charge of £26,721,000 for one-off payments for legal fees and damages paid to the claimants in the phone hacking scandal. They’ve also incurred other one-off costs for UK newspaper matters of £25,737,000. Other charges include £1, 549,000 for the Management and Standards Committee. This means that the total damage is £54,007,000. Mind you, the directors still remain handsomely rewarded. They have been paid £5,191,000. Of which Rebecca Wade got £2,787,000. Overall, the company lost a total of £67, 952,000. The total loss for the financial year is £67,952,000. Which means that even without the phone hacking scandal, the company would have lost £14 million.

Zelo Street comments

‘Will the Murdoch press make money again in the next few years? Given the claims keep on coming, and the potential downside for the Sun titles if there is serious blowback (as happened with the Screws over the Dowler hacking), it’s not such a daft question.

Or is Rupe just in it for the political leverage? There’s a $64,000 question for you.’

See: https://zelo-street.blogspot.com/2020/02/murdoch-press-still-losing-money.html

That’s a very good question. A little while ago Private Eye raised the same issue regarding the Times. The actual amount of income generated by the Thunderer is so small, and its losses correspondingly so high, that if it was any other paper it would have been closed down years ago. But because it’s the British paper of record, Murdoch keeps it going because it gives him a seat at the same table as the politicos.

The Sage of Crewe recognises how influential the Murdoch titles still are. Tim remarks that the Murdoch’s goons still exceed the other titles, even those of the Heil, in the hate they can lay on their targets. The rest of the press follows their lead, and knows better than to mess with them. But the costs of the phone hacking scandal show all this is catching up with Dirty Rupe and his empire of sleaze.

Tony Benn in his book, Arguments for Democracy, points out that the Daily Herald didn’t fold because it lacked a popular readership. It collapsed, and then was subsequently bought by Murdoch and transformed into the scabby rag it is now, because it lacked advertisers. At the time its readership was bigger than the Times, the Groaniad and the Financial Times added together. What killed it is that its working class readers were too poor to appeal to the advertisers.

I’ve no doubt the paper’s sales increased massively after it was transformed into the Scum. But I also think that it was kept afloat because it was a Tory paper. It was the first working class Conservative newspaper, and so companies that would have had second thoughts about advertising in a socialist paper were probably more prepared to place adverts with Rupe’s mighty organ.

The question is, will that continue. If the Murdoch papers continue to lose readers, will there come a point when the advertisers demand that they’re not getting enough exposure for the money they’re spending, and demand that his newspapers cut their advertising rates. Which will mean another financial hit for them. And what will happen if Murdoch doesn’t shake off his newspaper’s reputation for gross breaches of journalistic standards. Of course the Scum’s journalistic reputation always was low, but in the 1980s and ’90s there was also a tendency to laugh it off as a joke. One of the silly parties standing in Gloucestershire in either the 1983 or 1987 election was the ‘Have the Sun Redesignated as a Comic’ Party. This shows how seriously some people viewed it. Which is unfortunate, as while the Scum certainly deserved its mockery, the joke also created a kind of complacency. For the more intelligent, the Scum was dire and a joke, but it still was massively influential, and the policies it and its master promoted – rampant militarism, welfare cuts, privatisation and a culture of ruthless selfishness and greed – were anything but funny.

But with the phone hacking scandal, some of that laughter has died, quite apart from the bitterness the good folk of Liverpool still feel about the paper’s gross libel of their fair city. How long before the paper’s reputation gets just that bit too toxic that the advertisers don’t want to risk their reputations by being associated with it. And if they go, the Scum goes too.

And hopefully, there’ll be a few more years where the Murdoch press makes such spectacular losses, that it won’t be too long in coming.

Scotty From Marketing Re-brands As A Ford Man

Published by Anonymous (not verified) on Tue, 18/02/2020 - 9:28am in

morrison

Prime Minister Scotty from marketing has announced today that after extensive focus groups and polling that he would like to be re-branded as a Ford man.

“The Prime Minister knows that it’s important that he reflects the views of the people,” said a Spokesperson for the Prime Minister. “So what better way to find out the views of the people than by using a few techniques that he picked up in his years as a marketeer.”

“Besides, there are a lot of car brands now to choose from, imagine if he’d come out and said he was a Daewoo man or worse a Citroen head?”

When asked why he couldn’t just trust his instincts and speak from the heart, the Spokesperson said: “That’s a good one, instinct, heart. Oh wait you’re serious.”

“Look politics today isn’t about values and tradition it’s about finding out what the people want and manipulating your message to make it seem like that’s what you stand for.”

“Now if you’ll excuse me we’re off to workshop which AFL team the Prime Minister should support.”

Mark Williamson
www.twitter.com/MWChatShow

You can follow The (un)Australian on twitter @TheUnOz or like us on https://www.facebook.com/theunoz

Charities Worst ‘Dead Letter’ Mail Offenders

Published by Anonymous (not verified) on Thu, 15/10/2015 - 9:39am in