The 50 Best Business Blogs

Rhys Blakely:

Internet blogs are taking on big corporations and winning. As the bloggerati continue to set the agenda Times Online provides the first full list of the 50 top blogs, corporate and anti-corporate alike. This list is a work in progress – scroll down to let us know your suggestions.

D Conference Notes

Scott Rosenberg:

Walt Mossberg asked CBS CEO Les Moonves about Al Gore’s critique of television culture in his new book, The Assault on Reason. “Gore said that TV in general has basically destroyed American democracy. He says the Internet is the hope –”
Moonves interrupted: “That’s because he created it.”
Mossberg grimaced. There was not a single laugh in the room.
It is one sign of hope for the world today that this dead old line — discredited eons ago — now evokes only contempt.
Meanwhile, here is Moonves’s stirring defense of his medium against the complaint that TV caters to too much of our love for celebrity news at the expense of more pressing issues: “I think there are other things that may have hurt the fabric of democracy more than the media.”

How Lobbying Became Washington’s Biggest Business

Robert Kaiser:

For Gerald Sylvester Joseph Cassidy, creator and proprietor of the most lucrative lobbying firm in Washington, May 17, 2005, was a day to exult. That bright, clear spring Tuesday marked the 30th birthday of Cassidy & Associates, and an impressive crowd had come to pay tribute to a godfather of the influence business.

Hundreds of guests gathered on the rooftop terrace of a handsome new office building at the foot of Capitol Hill, 13 stories above Constitution Avenue. A vivid orange sun descended gently behind the Washington Monument and the Lincoln Memorial at the western end of the Mall, casting angular beams of light across the assembled throng. The guests’ view from the roof was filled by the United States Capitol, which from this startling vantage point could be seen, from end to end, in a single field of vision. The Capitol looked contained and compact, almost a plaything within easy reach.

Great series by the Post.

Project Red Stripe

The Economist’s Project Red Stripe:

We’re a small team set up by The Economist Group, the parent company of the eponymous newspaper. Our mission is to develop truly innovative services online. We already have some ideas, of course. But as champions of free markets, we abhor the concept of a closed system. This is why we would like you to submit your idea (or ideas). Just think big – and we’ll do the rest.

Big Profits in Small Newspapers

Frank Ahrens:

If there’s any good news about the businesses of newspapering these days, it can be found at the industry’s littlest papers, which are doing well even as their bigger brothers founder.

Lee Enterprises, based in Davenport, Iowa, for example, owns 56 daily papers and more than 300 small weeklies and other publications. Three of its papers have a circulation of more than 100,000 — including the St. Louis Post-Dispatch — but the rest of its dailies are much smaller, averaging about 26,000 each.

Over the past five years, the circulation gains at Lee papers have outpaced the industry average; some of the gains came from acquisitions, but much came from the growth of the group’s existing papers. Over the past two decades, the company’s stock price has likewise gone in the opposite direction of large-newspaper stock, climbing steadily from less than $10 a share in 1988 to more than $30 a share today.

“We’re largely in markets . . . that have pretty good local economies, a strong sense of place and strong newspaper readership,” said Mary E. Junck, Lee’s chairman and chief executive. Another advantage: “Many of our markets are pretty homogenous and tightknit,” she said, making it easier to pin down and target readership.

Fear and Loathing the Cable Company

Jeff Jarvis:

But then, that’s not news. I’ve been trying to get Joost working at home and was cursing it, but I was cursing the wrong party. Joost works fine at work. I can’t wait until Verizon finishes laying fibre on my street so I can get FIOS. Except Verizon hired the worst contractor imaginable to get the job done. They have been at it for more than two months on a street with fewer than 20 homes; they’ve managed to cut our cable and gas line and a neighbor’s electric line and they’re not nearly done. I’m about to go out with a shovel myself just so I can get rid of Cablevision sooner.

At least Jarvis can look forward to fiber to the home, via Verizon. Locally, AT&T is content to spend money on advertising and resell us the copper lines we’ve paid for over and over and over.