Media Navel Gaze: March 12, 2012
The Week Unpeeled
For the most part, a pretty positive week on the economic front, with the US jobs recovery gaining some ground. The Labor Department reported payrolls rose by 227,000 in February, slightly above most estimates, marking the third month in a row that the economy added more than 200,000. Work still needs to be done but coverage was pretty upbeat. It’s interesting to note that much of the US coverage led with the economic discussion of the report while the Financial Times focused on the potential benefits for President Obama’s re-election.
- Media coverage also focused on the one-year anniversary of the tsunami in Japan and analysis how damage has really been much worse than originally reported or realized;
- Greece finalized its $266 billion debt restructuring but concerns remain about the country’s severe economic problems;
- Social media sites and really everywhere and seemingly everyone were on overdrive last week about KONY 2012, the video by Jason Russell about Ugandan rebel Joseph Kony, a war criminal still at large. By some estimates, nearly 60 million people have viewed the video, making it the most-watched online video and the fastest viral phenomenon to hit the Web, serving to highlight the exposure power (good or bad) of YouTube, Twitter, Facebook, etc.;
- New York local super anchorwoman Sue Simmons of WNBC is ending her 30-year-plus stint as what Mayor Koch as “someone who talks like a New Yorker” (remember she cursed on set) Apple launched the new iPad (not the 'iPad 3');
- It was reported that wolf-whistling and catcalling could be outlawed after UK PM David Cameron signed up to a new European deal on sexual harassment.
- Chris Hughes, a co-founder of Facebook, became the new publisher and editor of The New Republic, the 100-year-old magazine that epitomizes American liberalism; and
- The Dow slipped 0.1 percent for the week after a slight gain on Friday to end at 12,922.