In my attempts to begin updating my website (see my updated Words section!) I came across one of my old blogs from college. Known as The Grab Bag it was one of my many attempts to keep a consistent space for my musings and rants. As I was browsing through my poorly-written works – many of these were honestly written after a few cans of Natty Light and nights of partying – I came across one post that conjured up all kinds of memories. Titled “The Business Side (AKA the Ugly Side) of Journalism,” I reflected on the evident changes in the world of journalism.
As a first-year journalism student (I didn’t transfer into the E.W. Scripps School of Journalism until my junior year) I was naive to the business that is journalism. In my piece, I discussed my first week at my internship at Cincinnati.com. I was excited to learn new ways to tell stories – whether it was through the written word, video or photography. But, on my seventh day things changed:
I met with the president and publisher of the company and she gave me advice of how to cope with losses of employees and mentors in the field. I was aware that The Enquirer was going to cut 10% of their staff to brace for the trying times they were facing. I let her know that I was fully aware that cuts were to be made and that I would be fine. “Keep your head down and focus on your objectives,” is what she said. It really was great advice. In hind sight, I really shrugged off the advice because I didn’t think that I would really be affected by the changes. In the end, I was dead wrong.
When I got into journalism, I knew that the field was experiencing a change of great magnitude. Many media companies were trying to figure out where their service fit into the new economic system. As a delusional 20-year-old college student I truly was not ready to see the consequences companies faced when they didn’t adjust quick enough. My internship adviser, who set me up with this great internship, was one of the many employees that day that suffered from the cuts:
If you remember from my last posting on the on-going drama between the Winklevoss twins and Facebook, Tyler and Cameron Winklevoss were attempting to return their $65 million winnings from their last suit again Facebook to re-sue the social network in hopes of getting more money. With the recent news that Facebook is worth more than an astounding $50 billion (though Apple isn’t impressed), the twins want more money.
According to Paid Content:
“Tyler and Cameron Winklevoss hired some of the best tech lawyers money can buy to try to find holes in a settlement they reached with Facebook in 2008, that is now believed to be worth more than $140 million. So what did Team Winklevoss dig up? Not much, apparently.”
It appears the three-judge panel had little sympathy for the wealthy duo and believed that if the two were swindled, well, they deserved it.