CNN Closer To Launching Wire Service, Says Klein
March 24, 2009 at 4:16 PM (PT)
CNN is moving closer to taking on ASSOCIATED PRESS with a news wire serving radio, television, and newspapers, with network President JON KLEIN telling an industry forum in WASHINGTON MONDAY night that the idea is "seeing some early interest." AP reports that KLEIN added, "I think it will be enough to launch something, probably some time this year, we think." The wire service could draw material from the network's 800 affiliates.
KLEIN said that the network is weathering the economy's downturn because it is "very careful about the cost side because when you don't know exactly where the revenue's going to turn out, you've got to be cautious. So we're being prudent, but we are happy with where we are. We're not in panic mode."
We're being prudent, but we are happy with where we are. We're not in panic mode
At the same "Journalism in Crisis" panel, held for public television's "THE KALB REPORT," NPR Pres./CEO VIVIAN SCHILLER said that journalism's challenge, other than the economic model, is to reach younger audience members who use the media differently from their older counterparts. She said that the challenge is "how do we create that same satisfying —- in our case, NPR —- experience for them so that they continue to stay with us and across all platforms."
The panel came in the wake of SCHILLER's disclosure of more details of NPR's budget cutbacks. In a memo to staff, SCHILLER said that NPR would further reduce travel, consultants, professional services, training, and events; freeze many unfilled jobs and consider benefit reductions and furloughs; freeze salaries for VPs and above for a second year (plus two weeks' unpaid work) and not contribute to their 403(b) plans for the rest of 2009; and not replacing departed execs KEVIN KLOSE and CINNY KENNARD while eliminating two other senior positions. SCHILLER added that "an increase to station program fees is not under consideration."