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PERSPECTIVES ON
JOURNALISM ETHICS
JRNL 6202 SUMMER II 2015
• Instructor: Bill Mitchell
• 3 August 2015 | Northeastern Univ.
PERSPECTIVES ON
JOURNALISM ETHICS
JRNL 6202 SUMMER II 2015
• Instructor: Bill Mitchell
• Bmitch (at) gmail dot com
• 727-641-9407
• 3 August 2015 | Northeastern Univ.
WHAT WE’LL DO TONIGHT
• Discussion of your final paper snapshots
• Introduction to Media Economics
• 10 minute break (at about 7:30 p.m.)
• Review of assigned readings
• Working the ethics of a business case
• Upcoming assignments, etc.
CLASS PARTICIPATION & ITS
RELEVANCE TO ETHICAL
DECISION-MAKING
• If you’re not inclined to speak up, consider doing so
• If you speak up a lot, consider encouraging others
• Do your best to stay on point
• Try to make your point briefly
FINAL PAPER SNAPSHOTS
• Summarize your idea for a final paper
• Describe a dimension of media ethics that needs work and
that can have impact on the focus of your final paper
• Describe the research you’ll do in support of your thesis
• Explain how this reform or rethinking fits with your personal
ethics guidelines
• What questions do you have for the group (and/or me)?
THERE’S ECONOMICS, AND THEN…
THERE’S MEDIA ECONOMICS
• Economics (in general) as “the study of how societies
use scarce resources to produce valuable commodities
and distribute them among different groups.”
(Samuelson & Nordhaus)
• Media economics as “the study of how media industries
use scarce resources to produce content that is
distributed among consumers in a society to satisfy
various needs and wants.” (Albarran)
MEANING OF SCARCE RESOURCES?
• Idea of finite resources
• Examples of finite resources in media production?
• Public goods vs. private goods (in economic terms)
• Free-riders (and the ways in which web-surfers and
midnight drivers are alike)
• Ah, but what about the formerly finite resources known
as space (in newspapers) and time (on TV or radio)?
RELATIONSHIP BETWEEN
“SCARCITY” AND “VALUE”
• Economists define value as “the worth of a particular
product or service. It is a subjective process that is
linked to individual satisfaction… based on individual
wants and needs.” (Albarran)
• And the scarcer that such a needed and wanted
product or service may be, the higher the value.
IMPLICATIONS FOR
SUSTAINING AN ENTERPRISE
WHEN ITS CORE PRODUCTS ARE
LESS SCARCE & BECOME WIDELY
AVAILABLE?•
A DEFINING CHARACTERISTIC OF
TRADITIONAL MEDIA INDUSTRIES:
“DUAL PRODUCT MARKETS” (PICARD)
• Content provided to individual consumers
• Space/time (& access to potential customers) provided
to advertisers
• But what’s happening to those markets?
“Creative destruction is the
essential fact about
capitalism.”
-- Austrian economist Joseph
Schumpeter, 1942
“NEWS ORGANIZATIONS TODAY ARE EXPERIENCING
A CONTINUING CRISIS OF VALUE DESTRUCTION
…THEY MUST FIND WAYS TO CREATE NEW VALUE
TO REPLACE THAT WHICH IS BEING DESTROYED. IF
THEY DO NOT, THEY RISK THEIR DEMISE.”
-- AMERICAN ECONOMIST ROBERT G. PICARD, 2006
THE CORE PROBLEM FOR
MEDIA WORKERS
• “The old stuff gets broken faster than the new stuff is
put in its place… That is what real revolutions are like.”
-- Clay Shirky
THE ADVERTISING LANDSCAPE
• The shopper model
• The Consumer Reports model
• The advertising-as-valuable information model
SHOPPER MODEL DECONSTRUCTED
• The journalism draws an audience
• The journalism company “rents” that audience to
advertisers, who will then:
• Interrupt the journalism
• Promote products rather than inform people
• Advantages?
• Limitations?
CONSUMER REPORTS MODEL
DECONSTRUCTED
• The content itself promises sufficient new value to
readers to charge higher-than-usual subscription fees
• The avoidance of advertising supports the
independence of the magazine’s product evaluations
• Advantages?
• Limitations?
ADVERTISING-AS-VALUABLE-INFO
MODEL
ADVERTISING-AS-VALUABLE-
INFO MODEL DECONSTRUCTED
• Advantages?
• Limitations?
HOW TO RESPOND TO ALL THIS
DESTRUCTION & DISRUPTION?
•
10 MINUTE BREAK
BUSINESS ETHICS VS.
JOURNALISM ETHICS
• Any essential differences?
• Fundamental purposes
• Key principles
• Stakeholders
POSSIBLE ETHICAL ISSUES IN
NEW MEDIA VALUE CREATION
• Sharing profit with advertiser (Los Angeles Times/Staples)
• Paid appearances on news/entertainment shows (WFLA-TV)
POSSIBLE ETHICAL ISSUES IN
SUSTAINING MEDIA VALUE
• Staff reductions (almost all news organizations)
ECONOMIC (& JOURNALISTIC)
STEWARDSHIP
• Stewardship of most companies involves at least two
responsibilities:
• Sufficient ongoing return on investment
• Sufficient investment to increase future return
• Third responsibility for journalism company:
• Serving the public interest by providing people with
news & information they need to govern themselves
ETHICS OF HARVESTING
(OR MILKING)
THE PROCESS OF VALUE CREATION
• Select an audience to be served
• Select a need or want to be satisfied
• Imagine a produce or service representing new value
• Explore possible ethical tensions
ASSIGNMENTS:
• For all assignments, see bit.ly/EthicsAssignments
• Reading: Chapters 14, 15 & 17 in Foreman book
• By 7 a.m. Friday 7 August: Final version of your
personal ethics guidelines
• By 7 a.m. Sunday 9 August: A post to your blog (if
helpful, it can be related to your final paper)
• By 3 p.m. Monday 10 August: A comment about a
classmate’s post
• By 7 a.m. Friday 21 August: Final version of your final
paper

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Class 5 jrnl 6202

  • 1. PERSPECTIVES ON JOURNALISM ETHICS JRNL 6202 SUMMER II 2015 • Instructor: Bill Mitchell • 3 August 2015 | Northeastern Univ.
  • 2. PERSPECTIVES ON JOURNALISM ETHICS JRNL 6202 SUMMER II 2015 • Instructor: Bill Mitchell • Bmitch (at) gmail dot com • 727-641-9407 • 3 August 2015 | Northeastern Univ.
  • 3. WHAT WE’LL DO TONIGHT • Discussion of your final paper snapshots • Introduction to Media Economics • 10 minute break (at about 7:30 p.m.) • Review of assigned readings • Working the ethics of a business case • Upcoming assignments, etc.
  • 4. CLASS PARTICIPATION & ITS RELEVANCE TO ETHICAL DECISION-MAKING • If you’re not inclined to speak up, consider doing so • If you speak up a lot, consider encouraging others • Do your best to stay on point • Try to make your point briefly
  • 5. FINAL PAPER SNAPSHOTS • Summarize your idea for a final paper • Describe a dimension of media ethics that needs work and that can have impact on the focus of your final paper • Describe the research you’ll do in support of your thesis • Explain how this reform or rethinking fits with your personal ethics guidelines • What questions do you have for the group (and/or me)?
  • 6. THERE’S ECONOMICS, AND THEN… THERE’S MEDIA ECONOMICS • Economics (in general) as “the study of how societies use scarce resources to produce valuable commodities and distribute them among different groups.” (Samuelson & Nordhaus) • Media economics as “the study of how media industries use scarce resources to produce content that is distributed among consumers in a society to satisfy various needs and wants.” (Albarran)
  • 7. MEANING OF SCARCE RESOURCES? • Idea of finite resources • Examples of finite resources in media production? • Public goods vs. private goods (in economic terms) • Free-riders (and the ways in which web-surfers and midnight drivers are alike) • Ah, but what about the formerly finite resources known as space (in newspapers) and time (on TV or radio)?
  • 8. RELATIONSHIP BETWEEN “SCARCITY” AND “VALUE” • Economists define value as “the worth of a particular product or service. It is a subjective process that is linked to individual satisfaction… based on individual wants and needs.” (Albarran) • And the scarcer that such a needed and wanted product or service may be, the higher the value.
  • 9. IMPLICATIONS FOR SUSTAINING AN ENTERPRISE WHEN ITS CORE PRODUCTS ARE LESS SCARCE & BECOME WIDELY AVAILABLE?•
  • 10. A DEFINING CHARACTERISTIC OF TRADITIONAL MEDIA INDUSTRIES: “DUAL PRODUCT MARKETS” (PICARD) • Content provided to individual consumers • Space/time (& access to potential customers) provided to advertisers • But what’s happening to those markets?
  • 11. “Creative destruction is the essential fact about capitalism.” -- Austrian economist Joseph Schumpeter, 1942
  • 12. “NEWS ORGANIZATIONS TODAY ARE EXPERIENCING A CONTINUING CRISIS OF VALUE DESTRUCTION …THEY MUST FIND WAYS TO CREATE NEW VALUE TO REPLACE THAT WHICH IS BEING DESTROYED. IF THEY DO NOT, THEY RISK THEIR DEMISE.” -- AMERICAN ECONOMIST ROBERT G. PICARD, 2006
  • 13. THE CORE PROBLEM FOR MEDIA WORKERS • “The old stuff gets broken faster than the new stuff is put in its place… That is what real revolutions are like.” -- Clay Shirky
  • 14. THE ADVERTISING LANDSCAPE • The shopper model • The Consumer Reports model • The advertising-as-valuable information model
  • 15. SHOPPER MODEL DECONSTRUCTED • The journalism draws an audience • The journalism company “rents” that audience to advertisers, who will then: • Interrupt the journalism • Promote products rather than inform people • Advantages? • Limitations?
  • 16. CONSUMER REPORTS MODEL DECONSTRUCTED • The content itself promises sufficient new value to readers to charge higher-than-usual subscription fees • The avoidance of advertising supports the independence of the magazine’s product evaluations • Advantages? • Limitations?
  • 19. HOW TO RESPOND TO ALL THIS DESTRUCTION & DISRUPTION? •
  • 21. BUSINESS ETHICS VS. JOURNALISM ETHICS • Any essential differences? • Fundamental purposes • Key principles • Stakeholders
  • 22. POSSIBLE ETHICAL ISSUES IN NEW MEDIA VALUE CREATION • Sharing profit with advertiser (Los Angeles Times/Staples) • Paid appearances on news/entertainment shows (WFLA-TV)
  • 23. POSSIBLE ETHICAL ISSUES IN SUSTAINING MEDIA VALUE • Staff reductions (almost all news organizations)
  • 24. ECONOMIC (& JOURNALISTIC) STEWARDSHIP • Stewardship of most companies involves at least two responsibilities: • Sufficient ongoing return on investment • Sufficient investment to increase future return • Third responsibility for journalism company: • Serving the public interest by providing people with news & information they need to govern themselves
  • 26. THE PROCESS OF VALUE CREATION • Select an audience to be served • Select a need or want to be satisfied • Imagine a produce or service representing new value • Explore possible ethical tensions
  • 27. ASSIGNMENTS: • For all assignments, see bit.ly/EthicsAssignments • Reading: Chapters 14, 15 & 17 in Foreman book • By 7 a.m. Friday 7 August: Final version of your personal ethics guidelines • By 7 a.m. Sunday 9 August: A post to your blog (if helpful, it can be related to your final paper) • By 3 p.m. Monday 10 August: A comment about a classmate’s post • By 7 a.m. Friday 21 August: Final version of your final paper