I don't think anyone should be faulting the advertisers. Some of the may not even know what's going on yet. Others may have advertising contracts in place that extend well into the future.
They're not advertising on TechCrunch to support TechCrunch. They're advertising there to support themselves and reach their target demographic. If you (their target demographic) stop going to TechCrunch, they will stop advertising there. I don't think there's any fault to be laid on those companies that advertise there.
And no, I don't run/own/have any interest in any of them although if I could afford to advertise on TC I still would (unless nobody I care to market towards is going there any more).
I think this "wall of shame" is absolutely ridiculous but:
I don't think anyone should be faulting the advertisers.
True, but I don't think that's the intention. The goal seems to be to make the advertisers aware of TC's transgressions to reduce the value of TC's advertising space (a despicable goal, in my book, but still).
No one is blaming the advertisers. This is a fairly typical form of protest in this kind of situation. Complaining to or boycotting advertisers is a proxy for attacking the bottom line of a company that makes it money selling ad space. It's the only way to vote with your wallet when dealing with a media outlet because they're the ones footing the bill for the content we consume.
We don't need to worry much about the advertisers. They're not going to suffer. If they think it's worth their while they'll pull some ads or issue a stern warning. They're certainly not going to let it get to point where they're losing business.
Remember the Imus fiasco? People went crazy and threatened boycotts of all his advertisers. Al Sharpton was on TV every day raising hell about it and talking about all these scummy companies that supported him. They all dropped him the next day and now no one even remembers who was advertising on his show.
This has been going on since the very beginning of ad subsidized content. Censorship by sponsor.
Most of these companies are pretty awesome in their own right. We shouldn't stop doing business with them. But we should ask them why they want their names associated with this kind of "news".
It doesn't say "Boycott these companies", it says "Ask these companies to stop advertising on TechCrunch", i.e., it's the active version of passively not reading TC anymore in hopes of drying up their dollars.
Going after advertisers is actually an effective method for protesting. The only way a lot of companies "get the message" is when they get hit in the pocketbook.
But is it the right strategy in this case?
I'd be furious if it were my company that was exposed like this. But if it were an internal leak -- as opposed to receiving stolen information -- would the anger be justified? Some publications (the Wall Street Journal and AllThingsD spring to mind) live off of leaked internal documents and tips. No one is going after their advertisers.
According to insiders I've talked with, the whole business model of TechCrunch is to hype up every company who gives them exclusives, and to completely trash everyone who doesn't. This is because they know exclusives get the most pageviews, so their entire business model is built around extorting companies to get them.
If we want to teach TechCrunch a lesson the best way to do so isn't to ban them or boycott their advertisers; that's unrealistic. Better just to ban any news published by TC until it's also been covered by another source, so that way they no longer have the power to blackmail the entire industry.
I would like to see fewer submissions of TC stories, that's not really helpful as discovery, I can always go look at his web site should I choose without having to see the same titles here too. The purpose of HN is to discover new interesting hacker/technical related sites of interest that are not already obvious.
I'm not angry because they published. I'm angry because they're talking up the fact that it's hacked info, trumpeting their legal right to act like dicks, stringing it out over umpteen million stories, comparing the situation to the Pentagon Papers, posing as a victim of all the criticism they're getting, and acting like we should be fellating them for choosing not to destroy the careers of the interviewees that innocently ended up in the files.
I've never really been on the TechCrunch sucks bandwagon before, but now, seriously: what a bunch of fucking douchebags.
The hack is done. It appears that Twitter had poor security policies, or that Twitter employees weren't following them. Either way, the information is out there and the person(s) who chose to break in took the evil route.
Ev Williams got it. He's handled this situation very well. I'd invest in this company based on his response. He's appealed to the sympathy of all of us and essentially said he can live with the disclosure that TC will deliver despite it being something I'd be happy to toss my life savings at to suppress. Reality: it's out. There's no suppressing.
TC is operating as a journalistic outfit. "Unnamed Sources in the Pentagon", "An employee speaking on the condition of anonymity" and "A private investigation firm hired to break into the voicemail accounts of prominent individuals" IS journalism in the 21st century. TC, on the other hand, has been quite transparent. They stated upfront that they received a pile of (unsolicited) juicy information from a person who compromised accounts from Twitter employees.
TC could have posted the raw text of every message, removed names, been sued, gotten more publicity for having been sued, shined more light on the topic and become the place everyone pretends to hate but visits anyway because of the "nipples". Thus far, they haven't. They've given an insight into a company that folks on the outside who watch Twitter shouldn't find all that surprising ... it's just more directly stated in the terms of a business person summarizing reality.
Which brings up the next inevitable situation: At some point the entirety of what was collected will be made public. Hopefully it will be done after TC has had their last point to make.
Maybe those paying attention won't have stopped paying attention, but at this point ... they've begun to feel sympathetic about the situation and grant the benefit of the doubt to Ev and company.
I won't go so far as to say that journalism isn't journalism without these tactics, or that ignoring the back channel means just publishing press releases. There's a fine line. I think it's too early to know if TC crossed that line.
Full disclosure: I enjoy reading Arrington's posts. He calls out "Elephants in the room" when a lot of the tech media pretends the elephant is invisible. Yes, it's a business advantage that lends itself to accusations of tabloid journalism because calling out elephants irresponsibly results in calling specs of dust "elephants" and TC has been guilty of that.
16 comments
[ 0.28 ms ] story [ 45.5 ms ] threadThey're not advertising on TechCrunch to support TechCrunch. They're advertising there to support themselves and reach their target demographic. If you (their target demographic) stop going to TechCrunch, they will stop advertising there. I don't think there's any fault to be laid on those companies that advertise there.
And no, I don't run/own/have any interest in any of them although if I could afford to advertise on TC I still would (unless nobody I care to market towards is going there any more).
I don't think anyone should be faulting the advertisers.
True, but I don't think that's the intention. The goal seems to be to make the advertisers aware of TC's transgressions to reduce the value of TC's advertising space (a despicable goal, in my book, but still).
We don't need to worry much about the advertisers. They're not going to suffer. If they think it's worth their while they'll pull some ads or issue a stern warning. They're certainly not going to let it get to point where they're losing business.
Remember the Imus fiasco? People went crazy and threatened boycotts of all his advertisers. Al Sharpton was on TV every day raising hell about it and talking about all these scummy companies that supported him. They all dropped him the next day and now no one even remembers who was advertising on his show.
This has been going on since the very beginning of ad subsidized content. Censorship by sponsor.
But is it the right strategy in this case?
I'd be furious if it were my company that was exposed like this. But if it were an internal leak -- as opposed to receiving stolen information -- would the anger be justified? Some publications (the Wall Street Journal and AllThingsD spring to mind) live off of leaked internal documents and tips. No one is going after their advertisers.
How should TC have handled it?
If we want to teach TechCrunch a lesson the best way to do so isn't to ban them or boycott their advertisers; that's unrealistic. Better just to ban any news published by TC until it's also been covered by another source, so that way they no longer have the power to blackmail the entire industry.
(Ok, ok, I didn't read it much before either)
I've never really been on the TechCrunch sucks bandwagon before, but now, seriously: what a bunch of fucking douchebags.
Ev Williams got it. He's handled this situation very well. I'd invest in this company based on his response. He's appealed to the sympathy of all of us and essentially said he can live with the disclosure that TC will deliver despite it being something I'd be happy to toss my life savings at to suppress. Reality: it's out. There's no suppressing.
TC is operating as a journalistic outfit. "Unnamed Sources in the Pentagon", "An employee speaking on the condition of anonymity" and "A private investigation firm hired to break into the voicemail accounts of prominent individuals" IS journalism in the 21st century. TC, on the other hand, has been quite transparent. They stated upfront that they received a pile of (unsolicited) juicy information from a person who compromised accounts from Twitter employees.
TC could have posted the raw text of every message, removed names, been sued, gotten more publicity for having been sued, shined more light on the topic and become the place everyone pretends to hate but visits anyway because of the "nipples". Thus far, they haven't. They've given an insight into a company that folks on the outside who watch Twitter shouldn't find all that surprising ... it's just more directly stated in the terms of a business person summarizing reality.
Which brings up the next inevitable situation: At some point the entirety of what was collected will be made public. Hopefully it will be done after TC has had their last point to make.
Maybe those paying attention won't have stopped paying attention, but at this point ... they've begun to feel sympathetic about the situation and grant the benefit of the doubt to Ev and company.
I won't go so far as to say that journalism isn't journalism without these tactics, or that ignoring the back channel means just publishing press releases. There's a fine line. I think it's too early to know if TC crossed that line.
Full disclosure: I enjoy reading Arrington's posts. He calls out "Elephants in the room" when a lot of the tech media pretends the elephant is invisible. Yes, it's a business advantage that lends itself to accusations of tabloid journalism because calling out elephants irresponsibly results in calling specs of dust "elephants" and TC has been guilty of that.