Eugene David
...The One-Minute Pundit

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    • THE NEWS HACK'S CREED:
    I know more than you.
    I make lots more money than you.
    I'm smarter than you.
    I'm sexier than you.
    I appear on TV all the time.
    I work ten minutes a day.
    I rule the universe.
    I'm going to live forever.
    You are an idiot.

    THE NEWS HACK'S CREED, No. 2:
    A lie isn't a lie when it tells THE TRUTH.

    THE NEWS HACK'S CREED, No. 3:
    I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
    --JOHN "OMERTA" CARROLL.

    THE NEWS HACK'S CREED, No. 4:
    News isn't news when we don't report it.

    PERMALINKS:

    THE NEWS HACKS' DICTIONARY

    THE EUGENE DAVID GLOSSARY

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    Thursday, April 03, 2008

    Posted 9:32 AM by Gene

    Critics of Live Nation, which lost nearly $12 million last year, predict that it would be difficult to turn a profit on the arrangement, given the continuing decline in record sales and the mixed track record of artist-run ventures. (Fifteenth of twenty-three grafs)

    You have to wonder if the...SOUND biz (we refuse to call it the music biz) has found a new way to lose money. The sports racket can get away with it because it has numerous revenue streams; taxpayers, easily-bribed legisla-TORS, social-climbing showboating CEOs of the sponsors. The SOUND biz has no such advantages. Further, as the dimwit ER lets loose, there may not be that many people willing to pay no-talents thousands a ticket. It is unwise to bet against the megalomaniacs of the arena; but it mightn't be wise to bet on them either.

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