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<title>Martin Tolchin - FishbowlDC</title>
<link>http://www.mediabistro.com/fishbowldc</link>
<description>Where Politics &#38; DC Media Mesh</description>
<copyright>Copyright 2013</copyright>
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<title>Politico is a Revenue God, Says TheWrap</title>
<description><![CDATA[<p><em> </em><em> </em><em> </em><img class="alignright size-full wp-image-49052" title="pearlygates" src="http://www.mediabistro.com/fishbowldc/files/2011/08/pearlygates.jpg" alt="" width="360" height="352" />This week <em>TheWrap</em>&#8216;s <strong><a href="http://www.mediabistro.com/Lucas-Shaw-profile.html">Lucas Shaw</a></strong> exalted<em> Politico</em>&#8216;s current business model with high praise and backed it up with numbers. In his 965-word <a href="http://www.reuters.com/article/2011/08/29/idUS305439258820110829">story</a>, he pegs <em>Politico</em> far ahead of other Capitol Hill competitors, with <em>The Hill</em> in second and <em>Roll Call</em> below that.</p>
<p>In Shaw&#8217;s mind <em>Politico</em> is God. At least for now.</p>
<p>What Shaw doesn&#8217;t explain is context. When <em>Politico</em> first landed on the scene in 2008, there was curiosity and then fear. Until then, longtime fierce rivals, <em>Roll Call</em> and <em>The Hill</em>, never fretted about a third competitor. Life moves on, but it was exceedingly odd that <em>The Hill</em>&#8216;s former Editor-in-Chief <strong><a href="http://www.mediabistro.com/Martin-Tolchin-profile.html">Martin Tolchin</a></strong> was helping to launch a new competitor to a publication he parented for years. Newsroom chatter was full of talk of how surprising this was. The real fright set in after <em>Capitol Leader</em> changed that initial horrid name to <em>Politico</em>. <strong>Autumn VandeHei</strong>, wife of Executive Editor <strong><a href="http://www.mediabistro.com/Jim-VandeHei-profile.html">Jim VandeHei</a></strong>, was responsible for the change. Today they compete for ad dollars and Hill dominance, though <em>Politico</em> considers its real competitors to be <em>Bloomberg</em>, <em>NYT</em> and <em>WaPo</em>.</p>
<p>Shaw also fails to mention that <em>Roll Call</em> is behind a subscriber pay wall. Some media insiders claim he&#8217;s comparing apples and oranges, that it&#8217;s abhorrent to use their metrics to illustrate <em>Politico</em>&#8216;s competitive edge. Still, other observers see it as right on target and insist that <em>Roll Call</em> putting their work behind a pay wall shows a lack of business savvy. &#8220;Roll Call will argue &#8216;not fair! We&#8217;re behind a firewall!&#8217; But they&#8217;re missing the point that being behind a firewall is keeping them out of<br />
the conversation and hurting traffic,&#8221; said a media source on condition of anonymity. &#8220;They use that excuse at their own peril.&#8221;</p>
<p>Shaw explained to FishbowlDC, &#8220;The story&#8217;s focus was more on <em>Politico</em> finding a revenue model that seems to be working (for now) and less about their beating the competition. As you know, traffic really only plays one part in attracting advertisers and an even smaller one in generating revenue, but the numbers are still relevant.&#8221;</p>
<p>The numbers indicate that <em>Politico</em> is on top, followed by <em>The Hill</em> followed by <em>Roll Call</em>, which, at least according to the author&#8217;s analysis, now languishes in last place amongst the three.</p>
<blockquote><p><em>An excerpt</em>: According to comScore, Politico.com  has drawn more than 4 million unique visitors for months, rising from  around 3.8 million monthly uniques earlier this year. That&#8217;s far more  than notched by TheHill.com or RollCall.com all year. In July, the most  recent month available, traffic shot up at TheHill.com to 1 million  uniques, but still <img class="alignleft size-full wp-image-49058" title="images-2" src="http://www.mediabistro.com/fishbowldc/files/2011/08/images-25.jpeg" alt="" width="116" height="155" />lagged behind the 4.2 million at Politico.com. And  RollCall.com? It attracted 0.69 million uniques in July.</p></blockquote>
<p>Like a cherry atop a large hot fudge sundae, there is major snuggling up to <em>Politico</em>&#8216;s <strong><a href="http://www.mediabistro.com/Mike-Allen-profile.html">Mike Allen</a></strong> for his Playbook. CBS News Senior Political Reporter <strong><a href="http://www.mediabistro.com/Brian-Montpoli-profile.html">Brian Montopoli</a></strong> told TheWrap: “When I write a story or if I get mentioned in Playbook I’ll get 10 emails from people saying ‘I saw you in Playbook.’ It becomes a measure of success.&#8221;</p>
<p>Shaw added, &#8220;I hope the main point still appeared to be the growth in the online business and how profitability has enabled the site to launch new initiatives. Unfortunately, I could not get revenue figures since <em>Politico</em> is not a public company.&#8221;</p>
<p><em>We&#8217;ve requested comment from Politico, The Hill and Roll Call on TheWrap&#8217;s assertions. We&#8217;ll report back to you should we hear from them. </em></p>
<p><strong><em>FishbowlDC&#8217;s Matt Dornic contributing to the reporting of this post. </em></strong></p>
<p><strong>UPDATE: </strong>A clarification is in order. <em>The Hill</em>&#8216;s Editor <strong><a href="http://www.mediabistro.com/Hugo-Gurdon-profile.html">Hugo Gurdon</a></strong> found an error in TheWrap&#8217;s original story. He writes, “ComScore didn’t measure Roll Call‘s July traffic at 690,000 but at only 69,000, so the story was out by a factor of ten,” he wrote. “The comparison shows The Hill‘s traffic is 15 times higher than Roll Call‘s.”</p>
<p>&nbsp;</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Betsy Rothstein</dc:creator>
<comments>http://www.mediabistro.com/fishbowldc/politico-is-a-revenue-god-says-thewrap_b48966#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowldc/politico-is-a-revenue-god-says-thewrap_b48966</link>
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		<category><![CDATA[Online Media]]></category>
		<category><![CDATA[Brian Montpoli]]></category>
		<category><![CDATA[Hugo Gurdon]]></category>
		<category><![CDATA[Jim VandeHei]]></category>
		<category><![CDATA[Lucas Shaw]]></category>
		<category><![CDATA[Martin Tolchin]]></category>
		<category><![CDATA[Mike Allen]]></category>
<pubDate>Tue, 30 Aug 2011 12:20:04 +0000</pubDate>
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<title>Politico And Disclosure</title>
<description><![CDATA[<p>In <strong>Ryan Grim&#8217;s</strong> <a href="http://www.politico.com/news/stories/0207/2673.html">story today</a> about the anti-drug campaign program of the White House Office of National Drug Control Policy, the Politico includes this interesting disclosure:<UL></p>
<p>Ryan Grim, who wrote today&#8217;s story on the anti-drug campaign program of the White House Office of National Drug Control Policy (ONDCP), previously worked for the Marijuana Policy Project, which lobbies to legalize marijuana. Grim worked at the project from June 2004 until May 2005, a fact that has been on his official bio since he joined Politico.com.</p>
<p>Grim called the ONDCP for comment for his story early Wednesday. Instead of returning Grim&#8217;s call, <strong>Tom Riley</strong>, the agency&#8217;s spokesman, called The Politico&#8217;s senior publisher and editor, <strong>Martin Tolchin</strong>, to point out Grim&#8217;s previous work with the Marijuana Policy Project. He then threatened to complain to Washington Post media columnist <strong>Howard Kurtz</strong> about a conflict of interest.</p>
<p>The ONDCP did not return Grim&#8217;s call Wednesday.</UL></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Patrick</dc:creator>
<comments>http://www.mediabistro.com/fishbowldc/politico-and-disclosure_b5441#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowldc/politico-and-disclosure_b5441</link>
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		<category><![CDATA[Capitol Hill]]></category>
		<category><![CDATA[Howard Kurtz]]></category>
		<category><![CDATA[Martin Tolchin]]></category>
		<category><![CDATA[Ryan Grim's]]></category>
		<category><![CDATA[Tom Riley]]></category>
<pubDate>Thu, 08 Feb 2007 10:39:30 +0000</pubDate>
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