Incest & PR? Is this relationship doomed?

Jerry Lee Lewis GREAT BALLS OF FIREThe news is that Publicis is acquiring Kekst for somewhere in the neighborhood of $100 – $200 million. The real news is how Publicis chairman and CEO Maurice Levy, who has known Kekst & Co. founder Gershon Kekst for some time, characterized the deal: “It’s like having a marriage with a cousin.”

That’s the line that catches your eye and you know immediately why this union will fail. Kekst has carefully nurtured a public image of an exclusive, secretive partnership, the McKinsey of PR that is focused entirely on financial PR. If Andrew Ross Sorkin is writing about it, Kekst is working it, sometimes both sides of the deal. Their fees are high, they do not promote themselves or their client list – if you have to ask they’re not for you.  Publicis is a huge behemoth, and the reported price seems like a bargain. Gershon is getting on in years and philanthropy is more on his mind…. all the usual red flags of a bad match are there. Beyond that, look what happened to Jerry Lee Lewis when he married his cousin.

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PR/Media Week in Review, 07-06-2008

Liz Manages Madonna & A-Rod, the new Marilyn & Joltin’ Joe?

Liz Rosenberg has been Madonna’s publicist since the early 80′s. Rosenberg is often quoted in the media, these days denying that Madonna and Guy Ritchie are divorcing or that Madonna and Alex “A-Rod” Rodriquez, star third baseman for the New York Yankees, are an “item,” a particulary dicey assignment since both Madonna and A-Rod are married.

A-Rod’s wife, the “long suffering” Cynthia Rodriquez, as the Daily News refers to her, is in Paris with platonic pal Lenny Kravitz. She is supposedly  recovering from her husband’s latest indiscretions.  A-Rod is under Madonna’s Kabbalah spell, claims Cynthia, and he has become intolerable. Media spec on the divorce settlement hovers around $150 million. A-Rod was tabloid fodder a couple of years ago when he was spotted in several cities with a Vegas stripper, and he reportedly has a propensity for $5,000 lap dances.

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PR and the Birth of a Nation

Thomas Jefferson is believed to be the first to coin the term “public relations” in 1807, during the seventh annual address to the joint session of the U.S. Congress.  Jefferson faced rising aggressions with the British that would eventually lead to war. As the third President of a fledgling republic Jefferson understood that public perception was critical to success of a mass ideal and managing relations with constituents was a key component to his job.

The core tenets of “public relations” have not changed much in 200 years … except that the Internet has changed everything we know about communication.

Traditional media and traditional media relations are relics of a bygone era.  Internet communications, feedback and engagement have changed the game. 

PR now is about engaging audiences, expanding and focusing your digital footprint, and conducting media relations programs that account for the way reporters, editors, and producers think and work in today’s digital environment. 

Today’s environment requires engaging your audience in a two way conversation that builds trust, goodwill, and positive brand recognition. It is not a short-term fix. It is a lasting dialogue.

Jefferson might also be dubbed “The Father of Obfuscatory PR Babble” as he regaled the assembled newly-minted American dignitaries with the following (talk about waffling!):

 

This object is doubtless among the first entitled to attention in such a state of our finances, and it is one which, whether we have peace or war, will provide security where it is due. Whether what shall remain of this, with the future surpluses, may be usefully applied to purposes already authorized or more usefully to others requiring new authorities, or how otherwise they shall be disposed of, are questions calling for the notice of Congress, unless, indeed, they shall be superceded by a change in our public relations now awaiting the determination of others. Whatever be that determination, it is a great consolation that it will become known at a moment when the supreme council of the nation is assembled at its post, and ready to give the aids of its wisdom and authority to whatever course the good of our country shall then call us to pursue. – Thomas Jefferson, 7th annual message to Congress, October 27, 1807

Murdoch Saber Rattles WSJ / Dow Jones

Media Analysis

Rupert Murdoch, Dow Jones & News Corp.Much is underway at the new Murdoch-owned Dow Jones: Wall Street Journal and Dow Jones staffers will be consolidated at the News Corp. building in midtown Manhattan, wsj.com is being revamped and will remain subscription-based, the Journal is leaning more on general news and politics, and an organizational shake-up from the newly-hired top editor Robert Thomson through the middle ranks is positioning Dow for the digital media age.  

The Murdoch digital-stamp is apparent at wsj.com as it  integrates content from other News Corp. properties, such as  MarketWatch, Barron’s, and Fox.  Subtle style changes on the home page have made it easier to navigate, and video is coming front and center.

Murdoch needs to be careful that the “serious” brand of Dow business news is not diluted by his march to Wall Street Journalsnag a wider audience. The Wall Street Journal, along with USA Today, is truly a national newspaper that is not anchored to one locale (Wall Street being a state of mind). The New York Times has made a play for national prominence through a distribution agreement with Starbucks but it will always be perceived as a New York paper.

I welcome the expansion of video on wsj.com.  Rival CNBCmakes excellent use of video on their site and wsj.com has a ways to go before it can be competitive in that department. Professional quality video from Fox is starkly contrasted to columnists like Jon Friedman who are painful to watch. Generally, print reporters are not making the transition to on-air journalism.  Ironically, they need media training.

Related: Murdoch Grab of Dow Jones PR Feat, PRBlogNews, Aug. 2, 2007 |  New York Times GaGa Over Rupert’s Yogurt at Boldface Business Confab, PRBlogNews, July 22, 2007

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See Robert Thomson memo to staff about editorial changes. 

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Content is King – where’s the king?

The huge disappointment of web-based video on the web is lack of compelling content.  Front of camera talent and innovation has not caught up with the backend technology, which still has a long way to go. What we get is more bad and mediocre video delivered faster and cheaper. Whoopee.

NY Video 2.0 to focus on the content producers next meeting at Webster HallMy big complaint with NY Video 2.0 has been the heavy backend/middlware presenters who get excited over algorithms and distribution channels. Where’s the end result – the talent that compels us to watch video on the web? Who is in front of the camera?

As luck would have it I’ll miss the upcoming NY Video 2.0, July 28, 6:30 PM, Webster Hall, New York City, that is focusing, finally, on the content producers.

According to Yaron: “This special event will be a town-hall style meeting with New York’s top Internet TV innovators in front of and behind the camera. We’ll screen clips and discuss what’s working, what’s broke, and where we’re headed with Internet TV.”

Sounds groovy but how far can geeks go?  We need theatricality coupled with tech innovation to get the web Loren Feldman doing Jason's Place #5to really challenge TV.  Why not Loren Feldman (1938Media, right), Michelle Oshen, and Julia Allison  (McCabe via satellite?) putting on a skit on the stage in the grunge glare of Webster Hall - and transmitting the event real time over the web with the speed and clarity that makes it a real show? 

Can’t some of the incredible individuals who have showcased their ideas at NY Video 2.0 collaborate on an event that will really capture the possibilities of web video?

I’d hate to see NY Video 2.0 disintegrate because of its own inertia. We need to see more great original video, not talk about it. 

Related: TechCrunch, 6/30/08- 1938Media Inks Verizon Deal | Meshugga spaceman invades NY Video 2.0