Word: media
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...Tuesday, Apple unveiled a number of improvements to its mobile operating system, which will only hasten old media's move to the post-Web world. The biggest change: Apple's app store will let us charge subscriptions for our content. (Of course, we always could charge for subscriptions on the Web, but who'd pay for that experience?) And now, with a rumored 9-inch iPod Touch heading to consumers - an Apple iReader! Linked to Apple's one-click-to-pay App store! - I bet great magazines and newspapers will come up with iterations that you actually will...
...friend, a well-known serial entrepreneur in Silicon Valley, says I'm kidding myself. He says that, like the rest of the people in my industry, I'm moving through the classic Kubler-Ross cycle of dealing with a terminal diagnosis. Old media has already gone through Denial and Anger, and are now Bargaining, looking for ways to beat the Grim Reaper. "Most of the product ideas that you all are coming up with in this bargaining phase don't make any sense from the customer viewpoint," he told me recently. "Anything that falls into the category...
...slip is embarrassing for Treasury officials who have been assuring the media and the markets that the plan was coming, first in mid-February, and as recently as March 14 when Treasury Secretary Tim Geithner told Bloomberg TV he would release details soon. A senior Treasury department official says the plan isn't slipping, but other government officials say it is and could be unveiled anywhere from next week to early April. (See TIME's top 25 people to blame for the financial crisis...
Unlike many of my colleagues in the mass media, I am suffering from outrage-deficit disorder. It's not that I'm not angry. I am, in fact, frustrated that we've civilized ourselves out of really satisfying scapegoat rituals: The ancients would have staged a mass immolation of the AIG casino pigs in their private jets or crucified Bernie Madoff on the 18th hole at the Palm Beach Country Club, preceded by a public show trial with Jon Stewart as chief magistrate. You probably need an over-the-top catharsis or two like that to get the popular rage...
...worst sins are anger and impatience. Anger is a double-edged sword--sometimes it is entirely justified (as when directed against the shameless torture-enabler Dick Cheney, who persists in fouling our public airwaves). Impatience, though, is a subtler problem, and it is chronic in the mass media. Indeed, it comes with the territory. There are columns to fill, commentaries to spew even when a new Administration has just begun its work and it is way too early to make definitive judgments about its policies. The worst judgments I've made as a journalist were the result of impatience...