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Pilar Guzman on Cookie, Martha Stewart, and Moving the Living Brand Forward

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
7 min read • Originally published July 5, 2011 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
7 min read • Originally published July 5, 2011 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2011. It is republished here as part of the Mediabistro archive.

When Conde Nast-owned parenting magazine Cookie folded in October 2009, its founding editor, Pilar Guzman, thought she’d never work in print again. After the magazine she helped conceptualize and create was shuttered, Guzman decided to launch mommy blog Momfilter without advertising instead of creating a for-profit business.

“I had different people sniffing around after the close of Cookie and I had to ask myself, ‘Do you want to put together a business plan and actually launch another magazine?'” she says. “I decided I wanted to do Momfilter as a labor of love and pursue other consulting projects that were pay-the-rent kind of jobs.”

But an opening at the top of Martha Stewart Living earlier this year proved a strong enough pull to bring Guzman back to print. She started as editor-in-chief in March, joining a handful of former Cookie staffers who were already working for the venerable lifestyle brand. Guzman still works on Momfilter in her free time but concedes that this new job “was a natural fit.”


Name: Pilar Guzman
Position: Editor-in-chief of Martha Stewart Living
Birthdate: March 17, 1970
Hometown: Los Angeles, California
Education: University of California, Berkeley
Resume: Worked as a travel writer before joining digital advertising agency RGA. Later penned a travel book on Vietnam. Wrote restaurant reviews, freelanced, and worked on staff for various publications including Real Simple, House & Home and The New York Times. Launched Cookie in 2005, which folded in 2009. Worked as a consultant and launched Momfilter.com. Joined Martha Stewart Living in March.
Marital status: Married with two boys, ages 7 and 5
Media idol: Clay Felker, “because he pioneered modern magazine making as we know it.”
Favorite TV show: The Good Wife, currently, and 6 Feet Under
Guilty pleasure: Cheese
Last Book Read: An advance copy of You Deserve Nothing by Alexander Maksik


What is a day in the life of the editor of Martha Stewart Living like?
A lot of meetings. We work in this open plan office, and it’s really more like a creative arts studio than it is like any office I’ve worked in. Every other corporate publishing company looks like corporate law offices, but this is an amazing backdrop for creative people. I spend my day going through story ideas, doing run-throughs once story ideas are developed to see what kind of ideas would be featured in a given story, and having art meetings to determine what photographer or what direction we want to move in for each story. We talk in length about just making beautiful pictures, or how to put together a page that delivers both inspiration and elevates everyday life. A lot of thought goes into the visual side and the editorial side, so a lot of meetings are bringing those two halves of the brain and two types of editors and designers together so we can all be on the same page — literally.

How often are you in communication with Martha? Her name is part of the brand name, so how much leeway does she give you to have your own vision?
She’s obviously a very busy woman and she just wrapped up her TV season, so she’s free recently. We do check in pretty regularly, and she has been very generous about giving me some leeway to figure out where we want to take it. We talked a lot about this in the interview process (in broad strokes) where I see the brand going, and we were very much in sync on that.

“I think this is the holy grail to lifestyle magazine makers: to balance inspiration with accessibility.”

How are you working with other aspects of the MSLO and Living brand besides the magazine, including the website and new apps?
As with all things in this company, we hit the ground running with the iPad. I wasn’t here for the beginning on that, but I think that it required all hands on deck to integrate, to make sure that it was not just a glorified PDF. Our iPad, we consistently [are] the top ranking in the iPad lifestyle apps. The apps can be award winning and head turning, because we have all the great brains and creative minds in this company working on it, which means you get a level of consistency across the platforms.

How did you find out Cookie was closing and what was the final day of the magazine like for you?
I found out an hour before it went public. It was brutal. Of course, the climate being what it was, we were sort of prepared for anything. But the magazine was doing very well. It was a young magazine, and we weren’t yet profitable, and so it made sense. There were blue chip brands to save for Conde Nast, so it was a logical decision. But still, it was awful and shocking. We were a family, especially in a start-up situation where you’re in the trenches together. It was very sad. Actually, many of us remain close. Many of us are here at Martha Stewart Living. They were here when I got here, which was fantastic. It’s one of the upsides of working here.

Martha Stewart Living is a very aspirational magazine. How are you trying to make it more accessible?
I think this is the holy grail to lifestyle magazine makers: to balance inspiration with accessibility. Because there is such a high standard here and such a beautiful aesthetic, I think people forget that nobody is a better teacher than Martha and this brand. No one cares more about spelling out how to get exactly what we put on the pages. But there are different cues that you give the reader that are subtle but significant about how to incorporate some of these ideas into their lives. I’m really pushing that more. There are ways of loosening up photography and, not making the photographs less beautiful, but humanizing some of the scenarios through styling and choices in photographers, so that they feel a little more real rather than completely idealized. That’s just a balancing act.

You can have a beautiful table and inject the humanity into it with subtle cues and styling and light, and not having everything be totally lined up, but have the perception of people being there, so that the reader can imagine that they’re sitting at that table. We’re also collecting people whose lives we admire who have a creative take on everything that they do. We’re spotlighting real people rather than casting them, so that you get that level of humanity. It’s idealized by virtue of the fact that you want something inspired and beautiful to look at, but the more you can spotlight real people in their environments the easier it is for the reader to imagine themselves there.

“[Martha Stewart Living] is still, in every category, a trendsetter.”

With Martha Stewart Living being such an old, established brand, how do you keep it fresh and modern?
The great thing is that Martha Stewart Living was the trendsetter for some; it was one of the reasons that I wanted to get into lifestyle journalism. Martha was talking about seasonal cooking before that was even a word. There were all these things, and she still continues to be this amazing trendsetter. I think the trick is to reinvigorate in some ways with fresh photography and subject matter that feels current and to bring in fresh voices from the outside. But it’s all here. It continues to be relevant. Even when I shared an apartment with a bunch of people in my 20’s, I still subscribed. It still felt that there were lessons. I never wanted to throw away my Marthas. And I actually moved a couple of times and schlepped my boxes from apartment to apartment because there were always good recipes; there were always great DIY projects. And I think we just need to get out there again for people who have less left to read.

Do you ever find yourself reusing recipes or DIY projects or story ideas?
There’s so many great things that may have been done however long ago, but there’s always a new take on it. I’m blessed with a bunch of people who have worked here for 20 years and say, ‘Oh we did that in ’92.’ We’re never going to do it the same way, so there’s a new market or there’s some new twist or new update on an idea. We’re not at a deficit. There’s no shortage of good ideas.

NEXT >> So What Do You Do, Brandon Holley, Editor-in-Chief of Lucky?


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

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Mediabistro Archive

Laurie Ruettimann, HR Expert, on Why Every Job Inherently Sucks

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published August 16, 2011 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published August 16, 2011 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2011. It is republished here as part of the Mediabistro archive.

If you think your job is tough, try laying off “tens of thousands of people.” That was what Laurie Ruettimann had to do during the course of her career in global human resources at companies like Monsanto and Pfizer.

Now, Ruettimann preaches a new philosophy to professionals through her blogs, Punk Rock HR and The Cynical Girl, and speaking engagements, such as her appearance at next month’s Career Circus, where she’s presenting her ideas in a speech entitled ‘Do What You’re Good At’ instead of ‘Do What You Love.’

“Working in a field that you are passionate about and making a lot of money is awesome, but it’s not the reality for so many of us,” Ruiettmann said. “One of the things I would like to do is deconstruct this myth that you have to do something that you’re passionate about, otherwise your life is meaningless… There are other things that can make you happy beyond work.”


Name: Laurie Ruettimann
Position: Head of social media and human resources strategy for Starr Tin Cup
Birthdate: January 8, 1975
Hometown: Chicago, Illinois
Education: Bachelor’s degree in English from Webster University in St. Louis, Mo.
Resume: Worked in global human resources for Monsanto and Pfizer before leaving the corporate HR world behind in 2007 when she moved to North Carolina and started blogging about HR. Last year, she went to work for marketing and advertising agency Starr Tin Cup where she’s working to build their social media practice.
Marital status: Married
Media idol: Kathy Griffin. “I like the fact that she has a bit of a portfolio career and that she took some advice from Joan Rivers very early in her career, and she treated her career like a business. I think a lot of women, especially in entertainment or media, make the mistake of forgetting that this is a business and every dollar matters.”
Favorite TV show: 30 Rock and Tosh.0
Guilty pleasure: “I eat ice cream every single day.”
Last book read: The Financial Lives of Poets
Twitter handle: @lruettimann


So many people are often depressed by their jobs. Having been there yourself, what advice would you give to someone in that position?
I think a lot of people are melodramatic about the crappiness of their job. I think most jobs suck, because if they didn’t suck we wouldn’t get paid to do them. We get paid for a suck-y differential so there’s embedded pain in every job. Most people tend to project a certain reality onto their job that more accurately reflects their personal lives. So, when their marriages aren’t going well, or their kids are doing poorly in school, they bring a lot of that tension and that angst to work…

So, I often tell people to really explore what they’re doing and to decouple their personal identity from their job. If your job is dragging you down, are there other things you could be working on? Volunteer work, repairing relationships with your family or counseling? Are you drinking too much? Those are oftentimes the problems I see when people are truly depressed. And if your job sucks that much, don’t worry about your job — you’re probably going to lose it or get fired and start to work on other things and spend less time obsessing about work.

“If your job sucks that much, don’t worry about your job — you’re probably going to lose it or get fired.”

Although it seems like you sort of fell into human resources as a career path, what advice would you give someone who is considering it as a career?
I’m always surprised when I tell people this: Human resources is one of a very few number of professions in America that is adding jobs. And it’s adding jobs because there is a hyper specialization that is going on in human resources. So, we need people who are good at HR IT. We need people who are really good at HR and business analytics. So, the kind of job that HR is in the future is really a specialized job that requires more business skills and tech skills than the administrative skills that really, quite honestly, brought me to the career. But the human resources function of the future has a higher set of expectations, and, in order to succeed in it, you need to have, frankly, an MBA minimum, business experience and an understanding of finance. What’s going to happen is a lot of these older women in human resources are going to retire, and they’re not going to be replaced by that same skill set. They’ll be replaced by people who have floated in and out of marketing, and in and out of sales, or in and out of technology.

What sort of things do job seekers have to think about now that the process of recruiting is changing so rapidly?
Recruiters have always been on the forefront of technology. So, back in the day, they were using the fax machine in crazy weird ways back before people even knew what the fax machine was. They’re out there because they are a sales function and they are trying to generate leads, uncover information and uncover intelligence. They have really two roles: They want to uncover intelligence about job candidates, both good and bad, but also companies, so they can find out where they can fill a role, or where they can steal people from.

So, they are little mini spies out there on the fringes of society, especially now with the Internet. So, they are looking at your online activity. They are looking at your online profile. In some places, like Germany and other places in Europe, that is verboten. But in America that is still allowed. So, they’re out there, they’re looking, and common sense applies: no naked pictures, no stories about binge drinking, all that stuff.

Except that, if there is a picture of you that’s posted by an ex-husband or posted by a former employee, or a former colleague who is mad at you, you can’t necessarily control your online identity. For example, if my ex-husband — I don’t have one — but if my ex-husband gets mad at me and posts a sex tape, why is that my fault? And why can a company feel like they can make a hiring decision based on my abusive ex-husband’s behavior? That litigation is coming.

“First of all, don’t quit a job before you have a job. That is understated.”

What’s the best advice you’ve ever heard or given about changing your career path?
First of all, don’t quit a job before you have a job. That is understated. A lot of people reach a breaking point and they’re just burned out, especially in this economy. They haven’t had a raise for four years. They’re frustrated. They don’t feel any passion around what they’re doing, and they quit, and they don’t have a plan. The best advice I’ve ever given is that you can simultaneously work on your next career while currently working in your current job. It is possible. There are 24 hours in a day. And, also, if you’re not committed long term to the job you’re doing, it doesn’t matter if you’re using company resources, and it doesn’t matter if you’re not showing up 100 percent. You can show up 40 percent for your job mentally, give 60 percent of your brain to your new proposition and you’re fine.

So, it’s really nice to have secure employment, infrastructure and a place to go every day when you’re working on your new role… Another thing is a lot of employees aren’t taking advantage of their employees assistance program. An employee assistance program can be therapy, but you can also just go talk to someone to help you figure out your next path. Psychologists love that. In fact, they would love to talk to you about your next career than your drug addiction. A lot of them really relish the opportunity to help someone figure out who they are and where they belong in this world. So, I love advising people, if they have access to it, go use it and go talk about your career. Go figure out who you are.

What tips do you have for people looking for jobs in the media?
I think a lot of people forget that there are media jobs available at regular companies, so they’re always focused, especially in the New York market and Los Angeles, on going to major mainstream media companies. But, increasingly, smaller to mid-size companies are using those media skills to help with all sorts of stuff: marketing, PR, human resources. We use media people all the time on employment branding campaigns. So, it’s really incumbent on media professionals to think about their job skills and how they can be used across the economy instead of focusing on media companies. Because when you focus on media companies you really limit your pool of opportunities. So, think about companies that advertise, consumer product companies, pharmaceutical companies. They can all use media skills and they don’t all outsource those jobs. Many of them keep those jobs internally.

As the title of your Career Circus presentation suggests, if you’re paid to do a job, you don’t have to love it. So, how does a person do that?
I’ve never given this presentation before, and it’s one of these things I passionately believe in. I really, really, truly believe that it’s ideal and awesome to do something that you love and be paid for it, but I also believe that there are a million examples of jobs out there that pay very, very well that no one absolutely loves. There are a million examples from this economy where people are doing things for money, and, you know, once you have a little bit of money in our pocket, then you can do what you love. So, I like to volunteer with animals as well. Because I make an awesome living, I can donate to my favorite causes; I have free time to volunteer. Believe me, there’s nothing I love about human resources and I don’t particularly like public speaking. It’s fun for me to blog, but it’s more fun for me to blog about my life than about human resources. But the market is paying me to do something, so I enjoy it. I have some balance about it, but it’s not my passion. It’s not my passion in life to be an HR blogger; that’s pretty pathetic.

Laurie Ruettimann presents ‘Do What You’re Good At’ instead of ‘Do What You Love’ at Career Circus August 4 in New York City.

NEXT >> How to Convince an Employer to Let You Work From Home


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

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Navigating the Embargo: How to Secure a Scoop Without Damaging Relationships

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published December 16, 2011 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published December 16, 2011 / Updated April 11, 2026
Archive: This article was originally published by Mediabistro around 2011. It is republished here as part of the Mediabistro archive.

When the Journalism School at Columbia University released a report prepared by Leonard Downie and Michael Schudson about the future of American journalism, it did what many organizations do when they want the maximum amount of publicity for their news: They offered the report to a handful of journalists under an embargo.

The school reached out to reporters on the media beat, including Reuters journalist Robert MacMillan and Slate.com’s Jack Shafer. The embargo was set for the morning of Tuesday, Oct. 20, 2009, and both MacMillan and Shafer accepted. But on the Sunday night before the embargo was up, The New York Times‘ Web site published David Carr’s weekly media column which outlined the report.

MacMillan was angry that he had been scooped. “I called the spokeswoman I had been working with, and she told me that someone else there got a call from David Carr who asked her if he could run a story about the report for his Monday column,” he explained. “She said yes, but no one told me.”

Shafer heard the same story. “I was told that David had asked, and if I had asked they would have lifted it for me. So why have an embargo? If they were going to lift it, why not tell everyone?”

The Case for Embargoes

An embargo occurs when journalists are requested to delay running a story until an agreed upon date and time, explained Sandra Sokoloff, senior vice president and director of national media relations for PR agency Porter Novelli. But it’s not to be confused with an exclusive, which is an arrangement with a specific media outlet or journalist to get and run a story first.

Many journalists will agree that accepting an embargo runs counter to their instincts to find and report breaking news, and bloggers like TechCrunch’s Michael Arrington, Alan Mutter, and Shafer himself have written about the death of the practice. Still, their prevalent use by public relations professionals, corporations and nonprofit organizations makes them difficult to avoid, especially when covering specific beats that focus on public companies, medicine, science, technology or the government.

Nicholas Lemann, the dean of the Journalism School at Columbia University said this was the first time he had ever used an embargo during his tenure as dean. He said Carr, The Washington Post‘s op-ed editor, and Washington Post media columnist Howard Kurtz all approached him seeking to run a story on the report a day early. “I made the call to say yes to these things,” said Lemann. “What I should have done, and what I wished I [had] done, was send an email to everyone who had been sent an embargoed copy, telling them that the embargo had been moved back to 8 a.m. Monday. I apologize for not doing that.”

Despite the slip-up, Lemann said he believed in the rationale behind embargoes and, if necessary, would use one again. “The argument for an embargo is that we wanted people to read the report,” he said. “If you just put it up online all of a sudden, then it’s very hard to get people to actually read it.”

Even staunch critics, like Robert M. Steele, Nelson Poynter Scholar for Journalism Values at the Poynter Institute and a visiting professor of journalism at DePauw University, say embargoes have a place. “Ideally, an embargo is only put in place in cases where it’s valuable for the journalist to take time to understand some complicated material and to be able to research and verify certain information in order to write a more substantive story,” Steele said.

From a Reporter’s Point of View

Unfortunately, reporters say mishandlings like the Columbia report happen all too often. And it gives embargoes a bad name. Publicists have a duty to their clients to disseminate news as effectively as possible, but a journalist has to trust the information that s/he is receiving from a publicist. When limits are placed on what news can be reported and when, red flags naturally arise.

“Generally I don’t mind embargoes when the people involved in setting them up handle them fairly,” MacMillan said. “I would prefer that we didn’t have embargoes and that reporters did their job by chasing news. And I would prefer that companies, if they had something to say, would say it, rather than setting up an event for the simple purpose of getting maximum press coverage in what almost looks like a spontaneous burst of news from all over the place.”

“If I’m going to be reporting news that is going to be fed to me by a public relations professional, they should also be telling me the truth.”

Like many reporters, MacMillan has been burned by embargoes. Sometimes, another reporter will break the embargo on purpose. Other times, it might be accidental. Most infuriating is when a publicist promises an exclusive to one person and allows them to release the news before anyone else, keeping other reporters who agree to the embargo in the dark. To avoid this trap, MacMillan asks publicists who else is getting the news and whether they are subject to the same restrictions.

“I’m under an ethical obligation not to tell lies. If I’m going to be reporting news that is going to be fed to me by a public relations professional, they should also be telling me the truth. The reader is the highest priority to everyone, including the flack,” MacMillan said.

MacMillan has also started to experiment with a technique that he calls “the suicide option.” After accepting an embargo, he warns the publicist he’s working with that if the story comes out anywhere else before his runs, he’ll pull his story. “I tell them that I’d rather hold a gun to my head and pull the trigger than run it,” he said. “Because at that point, what good is it doing my readers?”

“This is why honesty and transparency are so important when dealing with exclusives and embargoes,” agreed Porter Novelli’s Sokoloff. “Many times miscommunication can lead to an embargo break… We recently managed an exclusive with a national business publication, and offered embargoes to other outlets with the understanding that their stories could not run until one minute after the exclusive story was up. We emailed every journalist we spoke to about the terms of the exclusive and the embargo and asked them to email us back indicating that they agreed to these terms. All of the journalists felt they were dealt with fairly and honestly, and the client received wonderful, widespread media coverage.”

While Porter Novelli found reporters who were receptive to their terms, others like MacMillan might not take lightly to playing second banana to another news outlet. “In practice, I accept embargoes often because I want to get certain bits of news out, and if this is the only way I can do it and if I think that readers will benefit from this news, I’ll accept the embargo,” MacMillan said. “But don’t disrespect me by telling me that I and my readers are less important than someone else.”

A Symbiotic Relationship

The worst part about poorly executed embargoes is the feeling of helplessness they create. Reporters can’t choose not to work with certain companies and publicists again, especially if they cover a specific beat. Publicists also must work with the same reporters over and over again, depending on the news coverage their clients desire.

“A breach in trust on either side runs the risk of permanently damaging a relationship, and there’s so much competition out there — for publicists trying to get their stories told and for journalists living in a fragmented, volatile media world — the importance of these relationships has never been greater,” said Matt Biscuiti, senior vice president at The Lippin Group.

No matter how hard both sides work to cultivate open and honest relationships, there are some from both camps who continue to argue for its demise. “Embargoes should go the way of the dodo bird,” said Curtis Hougland, the founder of PR agency Attention. “Our communication with the media should strive to be more transparent — sharing versus pitching. Regardless, invariably the information leaks out, and a blogger not on embargo ends up scooping the news. Embargoes are in neither parties’ interest.”

Shafer agrees: “I think [embargoes] are one of the many mechanisms that sources use to manipulate journalists,” he said. “I think they should all be abolished. I think they should all be put in an iron coffin and taken out to the Marianas trench and lost forever. They’re useless.”

Regardless of their efficacy or lack thereof, embargoes don’t seem to be disappearing any time soon. That means both journalists and publicists need to tread carefully. Steele, who warns against accepting embargoes, has perhaps some of the best advice: Remain skeptical.

“I think journalists should always ask the question of why [a publicist is] asking for an embargo,” Steele said. “It’s the same question we should ask when people ask for confidentiality. Why should I honor this embargo? Then you can hear what the argument is, the rationale in the case of an embargo, and ideally the journalist, or the reporter and his editors, will decide, ‘Is this is an embargo we should agree to?'”

Tips for publicists on placing embargoes:
1. Make sure the strategy is best for your client and the news that you are releasing.
2. Know a little about the reporters you offer the embargo to, their publications and their audience. “If you know, for example, that a particular blogger never honors embargoes, then you probably don’t want to approach them unless you are best friends,” Biscuiti said.

3. Be transparent and honest in all your communications with journalists.
4. To avoid getting burned, make sure that both you and the reporter understand the terms of the agreement before you share the entire story. But, be ready to react in case someone breaks the embargo.
5. Whatever you do, don’t send a press release to everyone you know and claim its “embargoed.” It’s important to have a dialogue with your targeted journalists in advance.

Tips for journalists on accepting or refusing an embargo:
1. As Steele advises, always question why the information is being embargoed and if it’s worth agreeing to. How important is this information to your readers?
2. See if you can have the information being offered as an exclusive instead, or if you can have it before other reporters. “I once asked recently if I could have something exclusively, and they said yes,” MacMillan said. ” You never know what you get if you ask.”
3. After accepting, confirm that everyone else who agreed to the embargo has the same terms as you. Also remind the publicist to let you know if anything changes before the embargo is lifted.
4. If the embargo times sound strange, like 8 a.m. or noon instead of midnight, ask why. And don’t forget to check the time zone.
5. Add your own reporting. Even though a publicist is handing you news, don’t be afraid to do original coverage of the story.


Amanda Ernst is editor of FishbowlNY.

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So What Do You Do, Joel Hyatt, CEO and Co-Founder Of Current TV?

The network's programming chief on why Current TV went all-in on political commentary -- and what competing against well-resourced cable news rivals actually requires in practice.

mediabistro interview
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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published March 20, 2012 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published March 20, 2012 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2012. It is republished here as part of the Mediabistro archive.

Current TV, the cable television channel founded by former Vice President Al Gore and Joel Hyatt in 2005, has gone through some serious changes in its relatively short time on the air.

In 2009, it announced plans to shift its focus from the user generated format it was founded on to broadcasting 24 hours of progressive news, commentary and analysis. Then, there was the hiring of Keith Olbermann last summer, followed by that of Internet pioneer Cenk Uygur and former Michigan governor Jennifer Granholm. And the network just announced that it will be expanding into daytime with six more hours of original programming, including two new shows debuting March 26: Talking Liberally: The Stephanie Miller Show and Full Court Press: The Bill Press Show. Will all that be enough for the upstart to dethrone CNN, Fox News or MSNBC? Hyatt, who stepped back into the CEO role in July, thinks so.

“The fact is… those other three cable news networks have an average age for their audience that starts with a six,” he said. “We’d like to talk to the generation younger than that, because they are the ones who are going to make the decisions that will have an impact on our society. They’re not retired, sitting at home watching cable news on those three networks all day. Instead, they’re active and they’re involved and that’s who we want to be engaging.”


Name: Joel Hyatt
Position: CEO and co-founder of Current TV
Resume: Worked as campaign director and chief political advisor for his father-in-law Howard Metzenbaum (D-Ohio). Founded Hyatt Legal Services and, later, Hyatt Legal Plans. Ran for U.S. Senate in 1994, won the Democratic primary for Metzenbaum’s seat in Ohio, but lost in the general election. Taught at Stanford University’s law and business schools for five years. Named National Finance Chair for the Democratic Party in 2000. Launched Current TV with Al Gore in 2005, serving as CEO until 2009. Returned as CEO in July 2011.
Birthday: May 6
Hometown: San Francisco
Education: Dartmouth College and Yale Law School
Marital status: Married
Media Idol: Walter Cronkite — “He was always real, never phony and he was about journalism, not infotainment… It was when there still was serious journalism”
Favorite TV shows: Current’s prime time lineup
Guilty pleasure: Cheese
Last book read: No Ordinary Time by Doris Kearns Goodwin
Twitter handle: @joelhyatt


There are a lot of ways to get into the media industry. Why did you decide to go about it this way?
Actually, there are not a lot of ways you can get into the cable television industry. There are virtually no ways you can get into it, and that’s an important point. It’s an industry controlled by an oligopoly. And Al and I tried to get into that industry on our own by starting a new cable network, but we were unable to get any distribution agreements from any of the distributors. As a result, we found a little network to buy as a way to get into the industry. So, we bought News World International from Vivendi when Vivendi was selling its media assets. But that gave us a base. NWI at the time had distribution agreements for just 17 million subscriber households in the U.S., so that for us was a base on which we could build something. Today, Current is available in 60 million subscriber households, but that was the entry into what was a closed industry.

“Today, there is no media company in the world that doesn’t want to engage audiences — none did when Al and I launched Current”

Can you talk more about the oligopoly in cable television that you’re trying to go up against?
Almost all, and darn near all, television networks are owned by a handful of companies. Some of those companies not only have content but distribute the content through cable systems, and so it’s a very, very controlled industry where a very few number of companies control what all Americans see, what information they get. And we just felt that there needed to be independent voices heard; there needed to be more of a diversity of voices heard, but most importantly, our ambition was to take the power of the platform and share it with our audience and with our users.

Today, there’s no media company in the world that is not spending a lot of time trying to engage its audience, get them to participate with the content, get them involved. All media companies do that today — none did it when Al and I launched Current. None. So we’re really proud of that. It’s part of our DNA and it’s part of what we set out to do. And we’ve done it, frankly, not just for our company but we’re pleased to say, for the entire media industry.

It seems like now Current is moving away from user generated content as you try to establish yourselves as a progressive news network. Where do you see user generated content fitting into the new direction of Current?
It’s part of our DNA. It’s still very important to us that viewers and users are engaged and involved with our content, so participatory features will be used in all of our programming. You’re right that we no longer are trying to have a television network that is entirely premised on user generated content. At the end of the day, our conclusion was, that didn’t work. And so our programming direction right now is very, very clear: We are all in as a political commentary and news analysis network…But we will continue to innovate ways in which our viewers and users can participate, can be involved, can engage with the content, can contribute content. That’s always going to be part of who we are.

Keith Olbermann came from one of your rival networks. How has your relationship with him developed over the past few months? There has been a lot of news about management clashes with him…
That’s all distracting to us. We don’t pay attention to that. Keith puts on a great show and he has a loyal following. Most importantly, the decision to bring Keith to Current TV is what clarified for our network the strategic vision in which we were heading.

What are you looking for in new talent when you bring on hosts like Cenk or your new daytime hosts Stephanie Miller and Bill Press?
We’ll always be looking for really thoughtful, insightful commentators who have something important to say. If there’s a guidepost, that’s clearly it. We’re looking for people who are intelligent, who are fact based, who care about seeking truth. All of that’s going to be very, very important to us… Stephanie and Bill already have large followings and that’s useful for a young, growing network, because we’re hoping that their followings will indeed follow them to Current TV. And same with Cenk.

We’re going to look for budding journalists, young journalists who we think are really smart with a bright future, get them on Current. We’re going to look for practitioners of public policy, like Jennifer Granholm. We’ll soon be naming others in that category, people who have actually done the hard work of public service and who are very committed to it, who understand it from the inside. They know spin when they hear it; they know BS when they hear it; they can stand up to it because they’ve been there and done that. So, we’re going to have a mixture. And really the exciting part of building what we’re building is finding really talented people who have important things to say and giving them a platform to do that.

“We’ve seen so much of professional journalism replaced by infotainment, entertainment and, frankly, pure fraud.”

What is your end goal for Current over the next few years and long term? How do you plan to increase viewership and grow the channel?
Our goal for Current is to influence the conversation of democracy. We want to have an impact on the public policy discussion. And to measure how we’re having an impact, ratings is as good an index as any other. As a cable television network, we live with ratings in any event, and it’s as good a proxy as any as to whether we’re building an audience through which we can have the impact that we seek. We are growing our ratings steadily. We’re very pleased with the progress. We’re going to be doing more marketing, more social media, more PR to drive increased viewership. Truth be told, we’ve done very little marketing historically, but you really have to have a slate of programming to justify that. But for the first time, this year, we’re going to put millions of dollars behind marketing our lineup, because we now have a great lineup and we need to tell the world that it’s there, because we know that when people tune into it and experiment with it they’ll become loyal viewers.

As someone who previously worked in politics, what is your take on cable TV election coverage and the current coverage of the Republican primaries and Presidential race?
There are times in which the cable networks do a really outstanding job; there are times in which I think the job they do is embarrassingly bad. I think that what journalism needs to do is seek truth. And that means care about facts, care about science, care about reasoning, and help provide context to the audience, so the audience can understand how these issues affect their lives, so the audience is better able to connect the dots between disparate issues and disparate events and what they mean in the larger context.

That’s the true purpose of journalism: find and seek the facts, the truth. Convey it; explore it; create context for it; connect the dots. We’re very proud of the work we’re doing in that regard. Are there programs on our competitor networks that do that? Yes. Is that the general rule on those networks? No. That’s not just my opinion. The reality is we’ve seen so much of professional journalism dissipate away to be replaced by infotainment, entertainment and frankly I think pure fraud, since it’s being passed along, purported to be news. It’s just a fraud to call it news.

NEXT >> Hey, How’d You Draw 250 Million Viewers to Your Web Show, Young Turks?


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

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Mediabistro Archive
Mediabistro Archive

James Lipton on Never Stopping and the Secret to a Long Career in TV

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
9 min read • Originally published April 4, 2012 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
9 min read • Originally published April 4, 2012 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2012. It is republished here as part of the Mediabistro archive.

As the serious, uber-prepared host of Bravo‘s Inside the Actor’s Studio, James Lipton is famous for his tower of blue index cards and his ability to turn our favorite actors into sobbing piles of mush. But Lipton is more than your average TV talk show host. He’s also an actor, director, producer, choreographer, playwright, author and founder of the Actor’s Studio Drama School, the largest graduate drama program in the country.

And, with 14 Emmy nominations already under his belt, the man who called Norman Mailer and Marlon Brando good friends says he has no plans to relinquish his interview chair anytime soon. In fact, he’s switching things up. The 18th season of Inside will feature the ensemble casts of some of his favorite TV shows, with the cast of Glee up first on April 9 at 8pm. “You’ll have to watch,” he teased when asked about any standout moments from the episode. “You’ll see some dancing; I’ll tell you that.”


Name: James Lipton
Position: Creator, executive producer, host and writer of Inside the Actor’s Studio and dean emeritus of The Actor Studio Drama School at Pace University
Resume: Began acting at a young age, most memorably playing the Lone Ranger’s nephew. Worked as an actor on Broadway, in film and on television; produced and wrote for television; wrote book and lyrics for two musicals, Nowhere to Go but Up and Sherry!; wrote the novel Mirrors, which he also adapted for TV, the non-fiction book An Exaltation of Larks and Inside Inside, a memoir and backstage look at the Bravo hit. Founded the Actor’s Studio Drama School and launched Inside the Actor’s Studio.
Birthday: September 19
Hometown: Detroit
Education: Wayne State University, then 12 years of acting, modern dance and voice study
Marital status: Married to Kedakai Turner Lipton, a vice president of the Corcoran Real Estate and the model for Miss Scarlett on the original game of Clue’s box and cards
Media Idol: French talk show host Bernard Pivot, who Lipton famously cribs his Inside questionnaire from and modeled his own interviewing style on. “He was the person I wanted to be like. I’ve never succeeded, but I’ve come as close as I could.”
Favorite TV shows: Inside the Actor’s Studio, Arrested Development, Glee, Modern Family, Mad Men
Guilty pleasure: Show jumping horses and flying airplanes
Last book read: Stephen Sondheim’s Finishing the Hat and Look, I Made a Hat


When you were younger you wanted to be a lawyer. How did you end up on this career path instead?
Even when I was in high school, I was working as an actor because it was the easiest way to earn some extra money and I had enough time to do my homework… Then when I moved out to New York, I was going to go to continue my education in the law. That was always the intention; I was going to be a lawyer. But I had to work as well, you see, and so I looked around me and I saw that the [acting] track was pretty fast. And I thought that if I was going to work in New York as an actor I should study some of that at least. Otherwise, I’d be unemployed and I’d starve to death and terrible things would happen.

“The students would stay all night. I literally threw [the cast of] Mad Men and Glee out of there in the middle of the night.”

So I began to study. I started studying with Stella Adler, who was one of the most famous teachers of the Stanislavsky system in New York. I realized after about a year with Stella that this was really what I wanted to do. And that began 12 years — and I’m not joking or exaggerating — of study. I studied two and half years with Stella Adler, four years with Harold Clurman, the founder of the Group Theatre, two years with Robert Lewis, also of the Group Theatre. I started studying voice; I studied almost up to the operatic level. I studied dance and became enamored of that. I studied modern dance. I studied classical ballet to the point where I actually choreographed a ballet for Ballet Theater. This was an extraordinary time of my life.

When you first started working with the Actor’s Studio, what was your role?
I was a director. I was invited by Norman Mailer and his wife, Norris Church, both now sadly deceased. And at that time — this was about 20 years ago — many cultural institutions were in dire straits, as cultural institutions frequently are. And we were looking for ways to somehow support the studio, and I said to myself, why does the studio not have a school? And I went to the president of the New School… and I said, “What if I was able to provide you with a major drama school? What if I could get my colleagues to create…a degree-granting program?” Then he said, “Where do I sign?”… I had no intention of staying with it. I was just doing it on behalf of the studio.

When did you develop the show, Inside the Actor’s Studio?
At the same time. We were accredited very quickly, which we hadn’t expected. Suddenly, there we were and I thought, we’ll do a master class, a seminar, because I had people who would teach. All of our core classes are taught by members of the Actor’s Studio, life members, and I had stars like Ellen Burstyn and Arthur Penn and people like that who would come and teach a six-week course, and that was all they could give us because they were working very hard.

And then I had people like Paul Newman who wouldn’t do that, so I sent a letter to a bunch of them and asked if they could give me one night. Can you give me one night for a master class and I’ll conduct an interview? Paul Newman said yes, Dennis Hopper said yes, Sally Field said yes, and that was just as we were starting, in the weeks before we opened our doors. So I sent word back to television people, where I had worked as a producer and writer and actor, and I said, “I see something worth preserving. Is anyone interested?” And Bravo, to its eternal credit, said yes. And so we began the school and these master classes at the same time, in the fall of 1994.

What determines who you invite on the show?
It’s very simple. I ask myself one question: Does this person have something to teach our students? That is the criteria. And it’s worked very well for us. And I thought we would stick to craft, no gossip, no nonsense like that, not like other talk shows… What I didn’t realize is that if I were to ask you about the turning points in your life, about whatever lead you to wherever you are now, who are the people and what are the moments and the events that shaped you… as a person, you would find the same thing as everybody on the show: that the most painful moments are often the most emotional. And that’s why we’ve kept the reputation of reducing our guests to tears but I didn’t expect that; it wasn’t something I had anticipated. Bradley Cooper couldn’t stop crying for the whole time we were on our stage. He was trained by us; he’s a graduate of our school.

“The most painful moments are often the most emotional. That’s why we’ve kept the reputation of reducing our guests to tears.”

The other fateful decision I made is that there would be no pre-interview. None. It’s the only talk show in America that has absolutely never had a pre-interview and never will. That forces us into a conversation, and the guest doesn’t know what’s coming next, and I have to spend two weeks, 12 hours a day, preparing for it because no one is out there doing a pre-interview. Nothing is handed to me. I get raw material from my researcher… and then I watch all the movies, read everything that the person has written about himself or herself, and I go through all the articles that have been written about them, and from that I distill the blue cards, which are approximately 300-500 [cards] for each person. And then they come to me and they’re on stage with me for three and a half to four hours, up to five or six hours, because it’s a class. The students would stay all night. I literally threw [the cast of] Mad Men and Glee out of there in the middle of the night.

There are a few commonalities that you have found in the people you’ve interviewed over the years, like coming from divorced families.
That is the dominant theme.

Are there others you’ve found in your years interviewing actors?
Shyness. Many of them are shy, were shy as children and are shy to this day. So shyness is one. These are things you would not expect. Most people think they’re all supremely confident, because once they step in front of a camera or on stage they are. But the reason that they are is that they are overcoming something always, and that something is usually shyness. Very often one of the motivating factors is a loss of a parent, either from death or through divorce where it happens at an early age where something in them says “I’m going to show you; you’re going to see.” And so the drive begins.

Have you ever been completely caught off guard by someone’s answer?
Oh, frequently. Those are some of the best moments. I’ve done my cards and I’m expecting a certain answer, and it goes off in a random direction and that’s when we find ourselves galloping off together. I’ve compared it to a high wire in the circus. We come out on stage, there are our students out front, I go up one rope ladder on one side of the stage, and the guest goes up the other, and we meet on a high wire after three or four or five hours.

Have you ever asked someone to come on the show and they’ve refused?
Sometimes they can’t come because of their schedules. The only person who ever absolutely refused was Marlon Brando, because by the time I started the show — although he was a member of the Actor’s Studio and had been trained by Stella Adler as I was; we knew each other, and we used to talk on the phone for hours at a time — but by that time he was already reclusive. I couldn’t get him out of the house and neither could anyone else.

You’ve been doing the show for 18 seasons now. How much longer do you think you can keep up the 12-hour days seven days a week?
For as long as I live. I love it so. It’s very much a part of my life, and I think I’m very much a part of its life, and I’ve never thought ever, ever of stopping for any reason ever. We’re already starting to cast next season.

NEXT >> So What Do You Do, Wendy Williams, Host of The Wendy Williams Show


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

Topics:

Mediabistro Archive
Mediabistro Archive

Marian Salzman on Breaking Into PR and Spotting the Trends That Matter

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published April 20, 2012 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
8 min read • Originally published April 20, 2012 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2012. It is republished here as part of the Mediabistro archive.

Marian Salzman has made a career out of predicting the future — or at least the trends of the future. Known for her annual list of trend predictions and work on influential campaigns for major brands like Pepsi and Aol, a career in advertising gave her the room to think big. But she didn’t realize just how much her own perspective would change until, right before making a TV appearance in the summer of 2007, what she initially dismissed as “the worst cold known to man” turned out to be anything but.

“My makeup artist at Good Morning America said, ‘Hey Marian, I’m not sure if we’re going to keep booking you; you’re starting to look terrible.’ And instead of reacting like every vain, middle-aged woman, I said, ‘I think I have a brain tumor,'” Salzman recalled.

After getting confirmation from a doctor and going through treatment, Salzman decided to give up her jetsetting lifestyle as CMO of JWT and enter the world of PR — a world that, although she’s grown to love, doesn’t always agree with her way of thinking.


Name: Marian Salzman
Position: CEO, Euro RSCG Worldwide PR North America
Resume: Started a career in advertising after co-founding a small market research firm with Jay Chiat in the 90’s. Became head of new media and consumer insights at Chiat/Day, then moved to TBWA when the agency was sold. Served as the worldwide director of TBWA’s Department of the Future and helped launch Apple’s Think Different campaign. Left for Young & Rubicam, then headed to Euro RSCG as EVP and chief strategic officer. Named CMO of JWT and, later, CMO of Porter Novelli. Returned to Euro RSCG to run the company’s PR agency in 2009 and was promoted to CEO last year. Author of 15 books and winner of countless awards.
Birthday: February 15
Hometown: Bergen County, New Jersey
Education: Studied sociology at Brown University
Marital status: Lives with her boyfriend and his four children
Media Idol: Carrie Bradshaw. “Because I feel that she is both acting and writing simultaneously.”
Guilty pleasure: Trash novels, New York Post and eating dinner for breakfast
Last book read: Falling Apart in One Piece by Stacy Morrison
Twitter handle: @mariansalzman


With the job market the way it is now, many people are thinking of changing industries. For example, people with journalism backgrounds are thinking that PR would be more lucrative.
I’m going to be honest: It is a more lucrative way to go. It’s not as pure a way to go. In journalism, you can chase the good story. In PR, you are forced to craft the good story. Notice my choice of words? I believe if you are enormously hard working and incredibly able, you will do very, very well in the PR business.

What does it entail today to get into the industry and be successful if you’re making a transition from another field like journalism?
I think you need to have a vast amount of intellectual curiosity. You need to have an enormous amount of personal flexibility. You’ve got to not only be interested in the great story but the great package. Some of it’s the aesthetics; some of it’s the spin in terms of you have to figure out how to both be radically transparent about the facts, but then position the facts in such a way that the consuming public can absorb them.

I’ve never met a journalist who doesn’t have the skills. They’re great writers; they are great interviewers. They tend to be pretty well organized intellectually. They may not be great with budgets, so they need to have basic budgeting skills.

“In journalism, you can chase the good story. In PR, you are forced to craft the good story.”

How was making the transition from advertising to PR for you?
In advertising, you have very, very large budgets and you are very aesthetic. So, I was used to big budgets where there is a lot of room to experiment and things are very aesthetically pleasing and very visual. In PR, things are not as aesthetic; there’s not as much attention placed on how things look, and there was no margin for error because the numbers are so tight. Also, PR people tend to be afraid, and advertising people tend to be provocateurs. And so I had a very hard time… because I’ve grown up in a world of, ‘There’s no such thing as a mistake; there’s just a bigger challenge to repair.’ Because that’s the nature of the advertising industry: You’re only as big as your last failure.

So did you go in and make a big mess?
No, I went in and challenged every assumption. I’m the kind of person that looks at the faucet and says, “Wait, we have a hot water and a cold water faucet here. Shouldn’t our third faucet be miso soup, because in my house the third most popular beverage is miso soup?” And you say that in a PR agency and they’ll say, “What?” You say that in an ad agency and they’ll say, “What are you talking about? It should be watermelon shots.” That would be the beginning of a difference.

I wasn’t used to all this group think. In an ad agency you’re really on your own; it’s sink or swim. You’re really out there with a couple of other people just thinking great thoughts and just doing and pushing the envelope from a young age. In PR, it’s really hierarchical. In advertising, there’s a badge of honor for being really young and really smart and getting it really fast.

And it seems like you thrived in that kind of environment.
Right. To me, age has no place in the conversation. I don’t care if you’re 19 or 91. If you have the answer for me, you can sit next to me. I don’t believe in physical offices. I think offices are the most middle class permutation on work. And so I think PR — where people are worried about the corner office, the big couch — just give me a computer and let me work. Again, I don’t believe in titles. I have this big title, big deal. Can you just tell me what needs to be done? So that’s really off-putting to a lot of PR directors.

Do you feel like the definition of PR has been changing? Just a few weeks ago there was a definition of PR that came out…
Those imbeciles at PRSA [Public Relations Society of America]. I’m trying to figure out what kind of committee would form a committee and then retain consultants to figure out the definition of what they do. Every agency has to figure out what its deliverable is. I believe we’re in the business of newscasting. I love the media relations side of it, so to me, I’ve pushed us away from the high flying, brand building stuff, which I still see as more brand consultancy and ad agency stuff. And I love the newscasting, the making news side of it. That’s just my opinion, but I don’t think we need trade organizations to sit down and figure out the definition of public relations. We need a different industry if that’s what we need.

“I don’t think we need trade organizations to sit down and figure out the definition of public relations.”

What can women in any industry do to get to the CEO level?
I actually think it’s a lot easier to do than people realize, but it’s about making choices. And I think men tend to be more prepared to make the choices. You have to choose to delay your family plans well into your 30’s. You have to be prepared to live on at least three continents early in your career. And that means that someone’s career is going to come first, and someone’s career is going to have to come second, so you have to be in a subordinated relationship, which means that guys have to be prepared to be with a partner who is going to be subordinated, and women have to be prepared to be with a partner who is going to be subordinated. And I think if you’re going to be comfortable with that, that’s fine. It creates a lot of serial relationships; I think people move in and out of things as they grow through them.

How has your methodology or strategy for predicting trends changed over the years?
Because of social media, I’m in communication with 8,500 people on Twitter alone. I was just doing a piece for CNBC on the state of real estate in Dubai, and I put out a tweet question and I was in touch with 35 people who really know the state of real estate in Dubai. So, it’s very different. I can have real-time conversations on really any topic.

Is there a trend that you regret making or that you wish you could take back?
Oh, sure. I wish the whole real estate collapse… I could have postponed it long enough to remortgage or sell houses that I own. I always think these trends are never going to impact me. I’m very good at advising other people; I’m absolutely stupid when it comes to myself. I’m not very good at acting myself; I’m good at observing.

NEXT >> So What Do You Do, Kelly Cutrone, Owner, People’s Revolution?


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

Topics:

Mediabistro Archive
Mediabistro Archive

Jon Murray on Creating The Real World and the Craft of Documentary TV

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
9 min read • Originally published May 16, 2012 / Updated April 11, 2026
Mediabistro icon
By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
9 min read • Originally published May 16, 2012 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2012. It is republished here as part of the Mediabistro archive.

If there were one person who could shoulder most of the credit (or, if you prefer, blame) for the popularity of reality shows, it would be Jon Murray, co-creator of The Real World, one of the longest standing and much-imitated reality shows in TV history.

After the success of The Real World, which premiered on MTV in 1992, Murray and his business partner, Mary-Ellis Bunim, went on to innovate the reality genre further with the development of the first reality game show, Road Rules, for MTV and the first reality sitcom The Simple Life on E! in 2003. After Bunim’s death in 2004, Murray continued to lead the company they founded together, Bunim/Murray Productions, and produced a slew of successful shows, including Project Runway, Keeping Up With The Kardashians (and the family’s whole line-up) and The Bad Girls Club.

Today, you’ll find the executive producer working on BMP’s current slate of shows from conception to casting to editing, or funding independent film and documentary projects like Autism: The Musical and Pedro, a scripted film based on the life of Real World cast member and AIDS activist Pedro Zamora. “Our main business is always going to be reality and nonfiction,” Murray said of his production company. “But, if it’s appropriate, we’d love to do other things that still fit our core DNA.”


Name: Jonathan Murray
Position: Chairman and founder of Bunim/Murray Productions
Resume: Worked as a news producer at local TV stations before joining HRP, a television rep firm in New York, where he helped local stations buy and schedule their syndicated programming. Started pitching and developing his own ideas and was paired up with Mary-Ellis Bunim by his agent Mark Itkin in 1987 to work on a pilot called Crime Diaries. Bunim and Murray liked working together so much, Murray moved out to Los Angeles and the two founded Bunim/Murray Productions. Today, the company also produces documentaries and independent films and has a music management arm.
Birthday: October 26
Hometown: Syracuse, NY
Education: Two years at SUNY Geneseo before ultimately getting a Bachelor’s in journalism from University of Missouri
Marital status: Has a partner, Harvey, and a son Dylan
Media Idol: Grant Tinker, television producer and former NBC CEO
Guilty pleasure: British costume dramas, like Downton Abbey
Last book read: History of a Pleasure Seeker by Richard Mason


When you were first pitching Real World, it was a unique idea. Were you surprised when it initially got picked up?
We only pitched it to MTV, because we had been working with MTV on an idea for a scripted show about young people starting out their lives. And when the network decided they didn’t want to do a scripted show, we pitched the idea to do an unscripted show of young people starting out their lives and sort of laid out our ideas… We were thrilled when they agreed to do a pilot. And we did that, and then they took a long time to pick up the show’s first season as they struggled with whether they wanted to do something more than music videos. At that point, most of their programming was very inexpensive, because it was mostly free or it was studio-based. So this was a big step for them, so they took it very cautiously. When they decided to pick it up after about nine months of debating the merits on whether they should or not, we were thrilled. And then we did the first season, and it was an immediate success, and then we had to figure out how to do it again and again.

“The networks just didn’t understand [reality TV]. We would go to various places and people would ask us, ‘So basically what you do is all improv, right?'”

Why do you think it took so long for the broadcast networks to start including reality TV on their schedules?

The people who were in charge of the networks had all come out of scripted television, and they just didn’t get it. They just didn’t understand it. We would go to various places and people would ask us, ‘So basically what you do is all improv, right? You bring everyone together and you improv the shows? You have a script and you improv?’ There was just no understanding of how we did this. They just couldn’t understand that if you chose the right people and put them in a house together and just filmed what happened you would get something as compelling as The Real World turned out to be. It just took a while. Quite honestly, most of the people who run broadcast networks are conservative and cautious and live in fear of getting fired, so it took the success [of Big Brother] in Europe before they felt they could take a chance on this… It was a slow process.

How much of what ends up on the air is actually what happened, and how much is prompted by producers, staged or edited to be more exciting?
Well, everything is edited. Every journalist, every writer edits things to make them more exciting. That’s the nature of storytelling. You’re going to leave boring stuff out. So, that’s always a false charge. The Real World is pretty pure. We don’t prompt them; we don’t tell them what to do. We didn’t tell Tami [in Season 2] to find herself pregnant and we didn’t tell her to terminate her pregnancy. This is what happens. In some seasons we’ll give them a part-time job, but we don’t tell them what do to, how to react to each other; we don’t tell them to fight; we don’t tell them to drink alcohol.

Other shows, like Kardashians, are shows where it’s stuff that goes on in these people’s lives. We usually sit down at the beginning of the season and figure out what they’re going to be doing and then we cover it. While we were covering the current season of Kardashians, Kris Jenner had come out with a book, and in it she talked about a relationship she had during her marriage to Robert Kardashian and how that hurt her family. That book and that story in the book, a lot of stuff has happened since that came out that has prompted a lot of stuff in their lives, and we’ve covered that as part of the new season.

NEXT >> So What Do You Do Cecily von Ziegesar, Creator of Gossip Girl?

With Kim and her marriage, she showed up for Kourtney and Kim Take New York a week after the honeymoon, and we just documented what happened, and it was pretty clear that these two people maybe weren’t exactly right for each other, that they didn’t have as much going for them as a couple as they thought they had when they entered the relationship. Every reality show’s producing method is different. I can’t speak for other people’s shows, but I find, generally, the closer you stick to the truth, the better the show. I think when producers try to prompt stuff or stage stuff, it usually falls flat. These are not actors and staging stuff, in my opinion, usually ends up with bad acting.

Maybe you can put to rest, once and for all, whether the show’s producers had any involvement in Kim’s decision to get married. Or was that a decision she came to all on her own?
No, of course not, Kim did not seek us out as to who she should marry, nor should she. All we’re doing as producers is saying, ‘Kim, we want to cover it.’ We want to shoot the marriage, hell, if they’d let us we’d go on the honeymoon with them. (They didn’t let us.) We’re just the people who document what happens. I would not want the responsibility of telling Kim what to do in her romantic life.

“Kim [Kardashian] did not seek us out as to who she should marry, nor should she. “

On the latest season of Kourtney and Kim, it seemed there were moments when Kim was dealing with her relationship with Kris and trying to escape your cameras. When stars try to escape the cameras during a crucial moment in their storyline, what’s going on for you as a producer of the show?
We are sympathetic to the people on our shows, and with Kim there are times when, yeah, we leave the room. She needs some privacy, so we give it to her. But, overall, the Kardashians as a family have been incredibly trusting in their relationship with us and their openness to the camera. And that’s why I think the show is so good because they do not yell, “Stop filming!” They are very much supportive of our need to film it as it happens and then, if we have to, we’ll sit down afterwards with the network and decide whether something should air or not air. But it’s really important that as much as possible they let us do our jobs as producers so that we can gather the story, because it’s so much better when we have that freedom. I think that’s why the show works. It’s not just a bunch of phony set-up stuff. It’s really stuff that happens in this family’s lives and they let us shoot it.

What do you think Mary-Ellis would think of the current state of reality TV and TV in general?
I like she’d be excited by it. I think she would love the fact that reality has become a larger genre for many different kinds of reality programs. I think she’d love that there are so many networks from History Channel to A&E to Style to E! to Oxygen that embrace reality programming. And that even networks like TNT and TBS that have done a lot of scripted programming have embraced reality. AMC is embracing some reality programming. So I think it’s an exciting time.

What advice would you have for someone who wants to work in or create reality TV?
I get asked that question a lot by young people, and I [tell them] if you really do have a passion for reality programming when you come out of college, you have to work in it and you need to get that first job. I think we hire 20 to 30 young people each year to start out as PAs and loggers and all these different entry-level jobs. And I always tell them that you really need to work in it to understand it. Get a good liberal arts education. I’m always looking for people who think well, who are curious, who can write well, who are well-read, who understand story, and then we can teach them most of the rest of the stuff as a company. They come to us and we help them figure out where they’re going to go with their career, whether they want to focus on story editing, or editing or they want to be in production. It’s the only way I think you can really create reality programming… I think it’s something that’s best learned while you do it and you work your way up.

NEXT >> So What Do You Do Cecily von Ziegesar, Creator of Gossip Girl?


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

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Zach Sims on Why Learning to Code Makes You a More Powerful Writer

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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
6 min read • Originally published June 4, 2012 / Updated April 11, 2026
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By Amanda Ernst
Amanda Ernst Kallet is a senior business development executive currently leading AI partnerships at Meta, where she is a credited contributor to the Llama 3 and SeamlessM4T research publications. She previously held director-level roles at Verizon Media and AOL, and holds an MBA from Columbia Business School.
6 min read • Originally published June 4, 2012 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro around 2012. It is republished here as part of the Mediabistro archive.

You may have noticed a certain hashtag this past New Year‘s: #codeyear. The hashtag spread across the Twittersphere as users pledged to make 2012 the year they would learn HTML code.

The company behind the push, Codecademy, was just a few months old at the time, but founders Zach Sims and Ryan Bubinski felt their teaching tool could make coding easy and fun to learn — and users agreed. Just a few days after the site’s launch in August 2011, over 200,000 users had started an easy HTML lesson, and over a million had tested it out by the end of the year, Sims says. And, thanks to the viral marketing push on Twitter, Sims thinks there’s a good chance this could be the year everyone learns to program together.

How did the idea for Codecademy come about?
My co-founder and I have known each other for a long time. We started working on some projects together starting in January [2011]. My co-founder started a group at Columbia, where we were students, called the Application Development Initiative that was basically focused on teaching people to program. And we started working on a bunch of different things, sort of random projects. Ryan was a biophysics and computer science major; I was a political science major and I worked at a number of start-ups in the past, always doing user experience product stuff, business development stuff.

“I think coding is 21st century literacy.”

And what we found is that I wasn’t as good of an engineer as Ryan. So, I started working to become as good an engineer as Ryan was, and I was reading books and watching videos, and I really just found the whole process incredibly frustrating. So, we basically wanted to make something better. And we thought about the problems I was having learning to code, and we thought about how we could solve them. And that’s why a lot of what we built is easy for people to get started on, easy for them to follow, and we try to make everything really, really simple.

So this idea came out of your own desire to learn how to code. Do you think it’s important for everyone to learn to code?
I think coding is 21st century literacy. Traditionally, there are the 3 R’s of literacy: it was just reading, writing and arithmetic. And we think the fourth should be algorithms. I think it’s a better way of understanding what’s going on; you’re using your phone all the time, using your computer. But, beyond that, it’s just a skill that’s virtually guaranteed to turn you into a maker. As soon as you can program you can build things.

Codecademy garnered over 200,000 users within the first few days of launch. What do you attribute that sudden success to?
I think we made it really easy for people. I think that’s really the most important thing: We made it super simple for everyone to get started. It’s always like, download a program, download instructions, set up your programming environment, purchase seven different books. So, we really consolidated resources, and we built an educational experience for consumers based on other consumer Internet companies and things we learned by building products for consumers.

We were lucky enough that our users got the word out for us. They were the ones that put it on Facebook and Twitter; they were the ones who shared it with other people. We never did any advertising or anything; it was all user-driven.

NEXT >> Hey, How’d You Draw 250 Million Viewers to Your Web Show, The Young Turks?

How did you go about getting funding the project?
We were lucky; we already had a bunch of traction for us to raise money from the investors that we knew we wanted to raise money from. We knew Union Square Ventures, obviously by reputation, but also because I had worked with some of the people there at previous companies before. So, for us, it was really all about the people and we found a good match with them. It is easy to negotiate with the right people, so it was definitely a smooth process and we’re very fortunate for that.

You make it sound so easy to get funding, but I’m sure it was a lot of work. Did you write a business plan? Did you struggle to get meetings with investors? How did it all come to fruition?
The product that we were building already had a ton of traction. We had gathered users very quickly; we already had the product built. The relevancy of a business plan is less so than it has been in the past. Obviously, PowerPoint decks and well-thought out explanations of what you’re doing are important, but, at the same time, having a product built and executed is important too, and we already had that.

“We never did any advertising or anything; it was all user-driven.”

What are the biggest hurdles that you faced in launching the app?
For us, it was figuring out what we wanted to build, figuring out what it would look like, and how to get it into the hands of the right people, and how to get them to continue to use the app and tell their friends about it. Could it really awaken a collective feeling that, “We need to learn to code” in people who normally wouldn’t? This wasn’t a social website that fits into people’s everyday behavior; we want them to do something new that they didn’t want to learn before.

Around New Year’s 2012, your company used the hashtag #codeyear to motivate people to learn how to code. How did that come about?
We decided that we wanted this to be something that everyone had in their collective consciousness, and we thought that right around New Year’s resolutions was a really good way for people who wouldn’t traditionally code to get started with something new that they wouldn’t do otherwise. So, it was a great opportunity to get the word out that way.

What are your ultimate goals for Codecademy?
This is what we want to do for the next 20 years. We want to build something that’s easy to explain for anyone to program. And we’ll keep doing that for a while and do it with different languages. We’ll diversify our method of teaching, but it will all be with the same goal in mind.

Zach’s Tips For Launching A Successful App:
1. Create an app you — and your users — will love. “Don’t settle for something that you think might make you a lot of money that you don’t think you can do for a long time,” Sims says. “Build something that will really make a difference in the world.”

2. That hole in the market is staring you in the face. Sims and Bubinski just asked themselves, “What are you having difficulties with in your own life that you think you can fix?”

3. But you should have the expertise to execute. With Bubinski’s coding background and Sims’ experience with user experience products, they could create a useful, user-friendly tool.

4. Build it and investors will come. “If you build something that people want to use, it’s much easier to get it to investors and to get investors to understand things,” Sims says. “For us, going in with traction was much easier for us than going [in front of investors] and saying, this is something that we think will be really cool.”

NEXT >> Hey, How’d You Draw 250 Million Viewers to Your Web Show, The Young Turks?


Amanda Ernst is a freelance writer living in New York. She also manages business development and social media marketing for B5 Media, the publisher of five women’s lifestyle sites.

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media-news

New to The Street to Broadcast on Fox Business on Monday, April 13, Featuring Virtuix Holdings (NASDAQ:VTIX), Medicus Pharma (NASDAQ:MDCX), YY Group Holdings (NASDAQ:YYGH), Vivos Therapeutics (NASDAQ:VVOS), and Stardust Power (NASDAQ:SDST)

By Media News
2 min read • Published April 11, 2026
By Media News
2 min read • Published April 11, 2026

The show will air as sponsored programming nationwide at 10:30 PM PST on Fox Business Network

NEW YORK CITY, NY / ACCESS Newswire / April 11, 2026 / New to The Street, one of the longest-running U.S. business television brands, today announced the upcoming broadcast of its nationally televised program on Fox Business Network, airing Monday, April 13 at 10:30 PM PST as sponsored programming.

This episode will feature a curated lineup of innovative and growth-focused companies across healthcare, technology, immersive entertainment, and energy infrastructure sectors:

  • Virtuix Holdings (NASDAQ:VTIX) – A leader in immersive virtual reality and omnidirectional treadmill technology, redefining active gaming and enterprise VR applications.

  • Medicus Pharma (NASDAQ:MDCX) – A precision-driven biotech company advancing novel therapeutics across global markets.

  • YY Group Holding (NASDAQ:YYGH) – A rapidly expanding workforce solutions and services platform with international reach.

  • Vivos Therapeutics (NASDAQ:VVOS) – A medical technology company focused on innovative treatments for sleep-related breathing disorders.

  • Stardust Power (NASDAQ:SDST) – A next-generation energy company focused on battery-grade lithium processing and supply chain development.

Each segment will include executive interviews, company insights, and strategic commentary designed to provide investors and viewers with direct access to leadership and corporate narratives.

New to The Street continues to differentiate itself by combining national television distribution with a powerful digital ecosystem, including millions of YouTube subscribers, earned media placements, and iconic outdoor advertising across New York City’s Times Square and Financial District.

The program is broadcast weekly across Fox Business and Bloomberg Television as sponsored programming, offering companies a compliant and effective platform to communicate their business models, growth strategies, and market positioning to a broad national audience.

The show is sponsored by T.V. commercials including Datavault AI (DVLT), CISO Global (CISO), YY GROUP Holding (YYGH), and Lantern Pharma (LTRN), FREECASTB (CAST) and Stardust Power (SDST)

About New to The Street
New to The Street is a premier business media platform delivering sponsored television programming, long-form executive interviews, and integrated digital and outdoor media solutions. Broadcasting weekly across Fox Business and Bloomberg Television, the platform reaches millions of households nationwide and internationally, while its digital channels extend that reach to millions more through YouTube and social media. Known for its "Opportunities To Consider™" segments, New to The Street provides companies with unmatched visibility across television, digital, and physical media channels.

Media Contact:
Monica Brennan
Communications Lead
Monica@NewtoTheStreet.com

SOURCE: New to The Street

View the original press release on ACCESS Newswire

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Mediabistro Archive

Alex Berenson on Covering the Markets, Corporate Scandal, and His New Book

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By Jesse Oxfeld

Jesse Oxfeld is a speechwriter, messaging strategist, and editor with more than 20 years of experience in journalism and communications. He has served as Senior Editor at New York Magazine, founding Executive Editor of Tablet Magazine, theater critic for the New York Observer, and an early editor at Gawker. He holds a B.A. in American Studies from Stanford University.

7 min read • Originally published March 14, 2003 / Updated April 11, 2026
Mediabistro icon
By Jesse Oxfeld

Jesse Oxfeld is a speechwriter, messaging strategist, and editor with more than 20 years of experience in journalism and communications. He has served as Senior Editor at New York Magazine, founding Executive Editor of Tablet Magazine, theater critic for the New York Observer, and an early editor at Gawker. He holds a B.A. in American Studies from Stanford University.

7 min read • Originally published March 14, 2003 / Updated April 11, 2026
Archive Interview: This interview was originally published by Mediabistro in the early 2000s. It is republished here as part of the Mediabistro archive.

By
the time Alex Berenson was 26, he’d already started at a regional paper, made
waves at TheStreet.com, Jim Cramer’s feisty webzine about the markets, and arrived
in the business section of
The New York Times. Now only 30, he just published his first
book.
The Number: How the Quest for Quarterly Earnings Corrupted Wall Street
and Corporate America is part history, part analysis, part explanation. It looks
at how companies’ ongoing efforts to beat analysts’ expectations for their
quarterly earnings have skewed the stock market over the last decade or two,
and it aims to help unsophisticated individual investors understand why their
portfolios have fallen apart. Berenson spoke with mediabistro.com about his
book, his reporting, and the performance of his portfolio.
(Buy The Number at Amazon.com.)

So this “number” in The
Number
. What’s the number?
The number is the consensus estimate that Wall Street analyst
s
predict for companies’ quarterly and annual earnings. Analysts have been estimating
earnings for a long time, but in the early seventies people realized they could
aggregate these estimates and figure out what the average was. Then in the eighties
the computer technology became available to do that a lot more quickly and to
get the information out a lot more quickly. And so by the mid-eighties it had
become something that Wall Street was familiar with and over the next few years
it became more pervasive and important.

Why is it important to me as an individual investor—or
as a reader?
The market always, in theory at least, looks
ahead. And it’s always trying to take in every bit of information that it can,
as quickly as it can. You don’t really care so much if the company made a dollar
last year, you want to know what it’s going to make this year. If it makes a
$1.10 you might consider that good, but if people were expecting it to make
a $1.20, then you wouldn’t consider it to be good. If people were expecting
it to make a $1.05, then you would consider it to be good. So the number became
important in and of it itself. But it also became a symbol for something much
larger: Wall Street’s obsession with growth and profits. You see it gradually
over time: At first institutional investors looked at the number and whether
the company makes the number. And then individual investors started to understand
that it’s important. And then companies start to understand that it’s important.
And they start to understand, “You know what, even though we had a good year
by our own standards, if we didn’t do what the analysts thought we were going
to do, our stock could go down. We could be punished for this.” So they start
to work a lot more closely with analysts to help create estimates.

And that’s why the number can be corrupting?
The number is corrupting for a lot of reasons. That’s one reason. It’s also
corrupting in a broader way. The number is a symbol for Wall Street’s obsession
with growth at the expense of stability. What happens is once you set a number
in the market, once you set expectations—again this is something companies
and analysts do together by the late eighties or early nineties—there’s
this game that goes on where companies guide analysts to a number they think
they can beat. Then all of a sudden you’ve made an implicit promise to Wall
Street. So you start pushing harder and harder to meet those expectations even
if the reality of the business isn’t working. And in any given quarter, because
there is flexibility in corporate accounting, and there’s flexibility in the
way companies run, you can do that. But in doing that, you’ve dug yourself a
little hole, on two levels. One is, you’ve lied to Wall Street about what you’ve
actually done that quarter. You’re growing more slowly than Wall Street thinks.
You have to start cheating more and more, unless the business just picks up
for you fantastically.

What role did the financial press play, or the press
as a whole play, in the huge bubble of the last
x years?
People have asked me that, and I guess this is where I m supposed to
give a mea culpa. But the fact is I don’t feel like the press was a major player
in it. I think we were a player in it; I think there were people out there on
television and in print who worsened it. There were stories I wrote in the nineties
that I’m not proud of. But there were also serious journalists, very good journalists,
people at The New York Times like Floyd Norris and Gretchen Morgenson
and people at TheStreet.com, where I used to work, like Jesse Eisinger and Herb
Greenberg, people at the Journal, who did try to sound the alarm and
say there’s a lot of bad accounting out there, a lot of bad companies out there,
and those people were largely ignored. I don’t think the press did a great job,
but on my personal list of what went wrong, I don’t think the press is in the
top five. Maybe that’s self-justifying, but I’d like to think that I’ve thought
about this a fair amount. People who blame the press—you know, the press
is to blame for a lot of things, but I don’t think that we are to blame for
this.

But what about, not that the press actively did something
wrong, but rather that the job of the press, the reason the press is enshrined
in the Constitution, is that it’s supposed to be a watchdog on institutional
powers, and that didn’t seem to happen here?

Well, that’s certainly true. But when you did have people pointing out that
the foundations of the bull market might be weak, those people were largely
ignored. And in fact, they were mocked. And in 1999, it was pretty hard to be
wrong publicly. I have great respect now, much greater respect than I ever did
at the time, for the people who had the guts to say that and say that again
and again. But, yes, institutionally, should The New York Times in 1998
have written a series of stories about problems in the funding of the SEC instead
of worrying about Monica Lewinsky? Probably. Should the Journal have
written a series about how bad accounting had become? Yeah, probably. Would
it have made any difference? I have to think that it actually would not have
made much difference.

A bit about how you did the book. Is this largely
drawn from reporting you did from the course of this period? Or is this a lot
of new, original stuff you did, going back and examining what had happened?
I thought it was going to be based on a lot
of reporting I had done. But I didn’t feel by the time I started writing it,
which was the middle of last year, that I needed to spend a lot time talking
about what specifically had happened at Tyco, or what specifically had happened
at Enron. The book morphed on me a little bit, and became a little bit more
of a history. The first section of is a history, which is mainly secondary source—I
tried to find interesting anecdotes from 50 or 75 books that have been written
about the history of the market in the last hundred years. Then the last two-thirds
is some reporting that I did, and lot of reporting that other people did. I
wanted this book to be an overview. It’s fairly short, only about 250 pages,
and I wanted it to be a book where if you were in the market but you’re not
a professional, if you don’t really understand what happened, this will be the
one book that will tell you, fairly quickly and concisely, and hopefully in
an interesting way, what happened. So it really is more stuff put together in
a new way. I didn’t really intend to break a lot of new ground in terms of reporting.
What I wanted to do is break ground in terms of analysis.

So with all your expertise, how’s your portfolio done
over the last couple of years?
Badly. But I don’t give any investment advice
in the book.

Jesse Oxfeld is the editor-in-chief of mediabistro.com.
Photo by Beth Kelly.

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