Categories: OLD Media Moves

PR firm to CNBC: We will pay you to write about our clients

A public relations firm sent a pitch to a CNBC writer and said they it would pay for them to write about their client, writes CNBC.com managing editor Allen Wastler.

Wastler writes, “The outfit in question, Status Labs, appears to be a small shop operating out of Texas that, ironically, specializes in image/reputation management. Emails to them were unanswered and when contacted by phone, they hung up after the caller identified themselves as representing CNBC.

“There’s always been a tension between PR and journalism. And there have always been attempts by PR outfits to influence coverage. Usually it’s on a professional level and kept within limits.

“‘This pitch would violate three, if not four, of the provisions in our code of ethics,’ said George Johnson, chairman of the ethics and professional standards committee of the Public Relations Society of America. ‘…In fact, this is probably the clearest case I’ve seen of someone in violation.’

“And, major media institutions have strict standards. Indeed, the freelancer in this case made us aware of the pitch (and his refusal of it) knowing that if CNBC got the faintest whiff that he was engaging in any hanky-panky in his work for us, well, he’d no longer be working for us.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

Politico reporter Fieseler departs

Politico reporter Clare Fieseler is leaving the news organization to take on some ocean reporting projects. She…

1 min ago

WSJ’s Eisen to write book about the mortgage market

Wall Street Journal reporter Ben Eisen has signed a contract with Norton to write a book about…

2 hours ago

Reuters hires Krishnakutty as a news producer

Reuters has hired Pia Krishnakutty as a news producer. She has been at The Print as a…

2 hours ago

Indianapolis Biz Journal seeks a news editor

The Indianapolis Business Journal is looking for our next news editor, a role that focuses…

17 hours ago

Axios hires Berkowitz as ME for media and markets coverage

Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…

21 hours ago

Business Insider hires Ortega as director of newsroom operations

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…

22 hours ago