Categories: OLD Media Moves

Utah papers, AP ignore the Overstock story

Business journalist Gary Weiss writes on SeekingAlpha.com about how the Utah business media only report one side of the Overstock.com story.

Weiss writes, “When I pointed out a few weeks ago that the Utah media hadn’t made any mention of the company’s abysmal third-quarter report, or its disclosure that it was close to defaulting on banking covenants, I received an email from the News’s business editor, Jordan Burke.

“‘We’re building up the staff so we haven’t had time to go after all the stories we’d like to,’ he said.

“I wrote back: ‘Just out curiosity, is that your explanation for not covering Overstock’s third quarter earnings? You didn’t have the staff?’ There was no response.

“You can bet your life that if the Deseret News ever does ‘staff up,’ it will set loose its hungry reporters not on actual journalism about Overstock, but on glorified public relations. After all, there’s plenty of competition on that score from the AP bureau and the Salt Lake Tribune.

“What’s sad is that this kind of systematic cowardice is not unique to Utah. Newspapers around the country are cutting back on their staffs. Reporters are forced to seek jobs elsewhere, and to cling to the ones they have. There’s simply nothing to be gained by writing stories about a local businessman that are going to result in angry approaches to one’s boss.”

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.

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