TheStreet.com media critic Marek Fuchs has a problem with a Wall Street Journal headline that reads, “Mergers Benefit Airlines; Shame About the Fliers.”
Fuchs wrote, “Why? Because despite the excited coverage about how much the big airlines stand to benefit from merging, since deregulation a generation ago, the history of merged airlines has been overwhelmingly bad.
“We’ll get to who and why in a moment, but first let’s look at why you are sold a false bill of goods with articles like this that talk about how magnificent an airline merger would be. In this article, the journalist, like many, simply falls for the story line that the little guy gets hurt while the big guy benefits.
“Of course, this story resonates, unfortunately, because it is true all too often. But that means it also gets overlaid on a lot of stories by crusading journalists, or one simply in need of a default story line, when it doesn’t apply. This, too, is where political leanings come into play in business coverage. Not in overt favoritism, but in more subtle colorings.”
Read more here.
Wirecutter editorial director Lauren Sullivan sent out the following: I’m elated to announce that Maxine Builder, a…
"Morning Brew" and Yahoo Finance are partnering to include Yahoo’s market data in the “Markets”…
Modern Healthcare has hired Bridget Early to cover health care regulators. She is currently a health care reporter…
Bloomberg Industry Group seeks a junior reporter to cover environmental litigation. Performs general assignment and…
The Star Tribune is seeking an accomplished, motivated and versatile journalist and leader to shape…
The Deputy AME-Business is responsible for the development and planning of coverage on all Newsday…