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January 13, 2012
 
 
Can News Survive?
News at 11.

We'll be schmoozing in Tysons on January 30. Open bar and music. Join us?

 
We know this might come as a shock, but news used to be printed. On paper. We assembled a panel of women in media Thursday morning as part of our Washington Women series to tell us about the good ol’ days and a little about media’s future. (Be prepared for news to be downloaded to our brains as we eat our Cheerios.)
 
Atlantic Media VP Linda Douglas
Atlantic Media VP Linda Douglass says her media company (which publishes the Atlantic, National Journal, and Government Executive) has come from its pre-Civil War founding to being heavily focused on getting news to its readers through handheld devices. Journalists used to struggle with reporting news that they think people want to hear versus reporting news that they need to hear. These days consumers have so many ways of getting news that people will simply choose what they want to know, Linda says. The people getting jobs in media are a combo of journalist, entrepreneur, with a sprinkle of tech savvy.
ABC White House reporter Ann Compton
If you don’t recognize this face, you’re not watching enough TV news. Ann Compton has been gathering White House news from the same chair in the press room since she was 27 (which must be just a few years ago). When the ABC reporter started in the business, Washington was dominated by a handful of morning newspapers and three evening newscasts. Now consuming news is like drinking out of a fire hose, she says. (Delicious and time-saving?) She often wonders if the fractured political landscape is a product of the news being such a splintered landscape. But the enduring nature of the Internet and how every news item lives through Google searches is an “awesome” thing for journalists.
Travel Channel president Laureen Ong
Travel Channel president Laureen Ong says her network is blasted to 100M homes and it’s one of the few networks where viewers get inspired to take action (book a trip) after seeing one of its shows. In fact people can book the exact trip seen on a show. (Just for the record...we will not be booking anything we see on Ghost Adventures.) Laureen was also the one to deliver the fun fact of the morning: The No. 1 thing found in lost luggage that gets sold at auction is men’s wedding rings. (Lots of laughing and head shaking when our room of women—and a few brave men—heard this.) That fact was discovered through Baggage Battles, Travel Channel’s show on what happens to lost luggage.
Arent Fox partner Barbara Wahl
Our moderator was Arent Fox partner Barbara Wahl, who admitted that she was deathly afraid of journalists. (Must be our one permanently arched eyebrow.) One of our fav times during our panels is the advice session. Here’s the best advice for women wanting to hold leadership positions in the media business: Embrace your best qualities, Linda says. Tap into your good listening skills or your good problem solving skills and run with it. Laureen's advice: Have tough skin and seek out other women leaders as mentors; and don’t be afraid to ask for help.

Bisnow
Let's Make A Deal
 
Dealery founder Limor Elkayam
Continuing our theme of women in business... Limor Elkayam saw an opportunity a few years ago when Groupon and LivingSocial inspired the birth of hundreds of other daily deal businesses. So what happens when lots of things are vying for the consumer’s attention? They get aggregated. And that’s exactly the concept behind Dealery. The site brings together 170 daily deal providers and organizes them by city and category. It covers 220 cities and reaches users who go directly to the site or sign up for Dealery's daily e-mail. (Limor declined to reveal number of users.) Dealery then gets a percentage from each deal purchased. Dealery signs up 10-15 new daily deal businesses a week. The industry is now made up of 400-500 of them.

Bisnow
Are VCs Really Vultures?
 
vulture capitalist
Does the “V” in VC really stand for vulture? Presidential hopeful Mitt Romney’s past as a VC with Bain Capital is being used against him by rivals. So are VCs really vultures or just misunderstood? We want to hear from entrepreneurs and VCs on why or why not VCs are scavengers. ‘Cause we kinda see them as warm, gentle creatures. Send thoughts to tech editor Tania Anderson. (We can keep this between us.)
 
 
 
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