Posts Tagged ‘news’

Look, I’ve always found Justin Timberlake to be innately curious and very entrepreneurial. I first met him back in early 2000 just after *NSYNC’s “No Strings Attached” album was released. He and the band had just released their first single, “Bye Bye Bye” and had officially exploded on the scene. They were, literally, going a million-miles an hour.

Over the next 10-years, I noticed in the interviews I would do with Justin that he had other interests than ‘just’ fronting a band. The above picture is of Justin and me at his PGA Golf Tourney in Las Vegas. I believe it is from his first year fronting the tourney and bringing in Shriner’s Hospital. Speaking of golf, golf was a big thing for him back when we chatted in 2002, telling me about playing the sport with his dad and how cool it would be to own your own course someday. We laughed about never needing a tee-time. He doesn’t. I still do!. But, anyway, the point is, he’s always looked outside the “music-box”, as it were, to grow and invest. He does own a course in his native Tennessee (the eco-friendly Mirimichi Golf Course), restaurants, clothing line and just sold to Apple an app-company he backed called Particle.

So, if you think about it, MySpace makes sense. Just like the run-down golf course he snapped-up, pivoted and turned fabulous, Justin snapped-up (with investors) the run-down, on-it’s-last-legs MySpace. It is here where I must make an important point. There is another reason Justin’s investments outside of music seem to work. Sure, he’s mostly using OPM, other people’s money, but he brings a fantastic ‘brand’ to every deal. Not just his notoriety, but his persona which has a fantastic quality –authenticity. Often persona and authenticity, espesh in Hollywood and music, are mutually exclusive. Not here and that is what attracts investors, fans and customers. He’s not going to do it half-assed. As my entrepreneurial wife always tells me –authenticity is key.

Case in point, “Justin Timberlake’s MySpace” (as I’m calling it) is headed in the right direction with a very nicely done ‘sizzle’ reel of what it will be when it launches. If MySpace were a house, Justin and his team demolished it, leaving only the foundation and constructed something entirely new, complete with all the latest gizmos.

Can JTMS bridge the gap between musician/artist and fans? I believe it can, but it won’t be easy. It’s an entirely different social landscape today than when MySpace or Facebook launched. It’s another planet, really. But, Justin’s foray into this internet space seems justified.


So here’s what I mean. Looking just at what happened these past two weeks —SuperStorm Sandy and the Presidential Election — we got an excellent look at what FOX News Channel and CNN can and can’t do.

CNN is by far the best when a calamity strikes. It’s in their DNA. They are excellent across the board. They not only bring you what is happening in a far-reaching, but pin-point immediacy, but they are a step or two ahead of the competition in advancing the story and ‘seeing-around-corners’ during a crisis. A ton of that has to do with veteran producers and fantastic, experienced talent in the field. To put it simply, they’ve been there, done that in an excellent way for years.

On the flip side, FNC is like local news when a huge event happens. Actually, there are some local news operations out there which are better. It’s just not what FOX News does or does best. I do have to give props to Shepard Smith. He can handle just about anything live –including a hurricane/nor’easter — and advance the story as it unfolds to where it is headed. But he’s really the only one who is solid in that type of calamity. And don’t even mentioned FNC’s Election Night coverage. Debacle is being kind. I’ve been in the business for more than 20-years and covered a number of major breaking news events –the crash of TWA 800 over Long Island, for instance –before I went to the darkside of journalism, aka entertainment news. So, I sat with a keen eye watching FNC during Superstorm Sandy and knew exactly where they were failing and where their coverage should have be going. FOX has a long way to go in that area. And, quite frankly, I don’t know if they will ever match CNN. CNN is a powerhouse.

However, CNN may never match FNC in being a powerhouse every other day of the year when ‘normal’ news rules the day. Why? Because FNC is brilliant knowing exactly who they are. Look, I’m not a fan of FNC as a whole, but I am a HUGE fan of FNC ‘the branding machine.’ FNC makes no apologies. Day in and day out they make no bones about their right-leaning agenda. And they do it very, very well. There was a report back in 2006 by The Project on Excellence in Journalism. It showed that 68% of FNC stories contained personal opinions. That same report found that 27% of MSNBC’s stories contained personal opinions while CNN came in at 4%. In reading the report further, it states via a ‘content analysis’ that “Fox was measurably more one-sided than the other networks.” It also found that Fox journalists were more opinionated on the air. Of course, that’s their brand. THAT is their POINT-OF-DIFFERENCE.

After years of swimming in a pool of what-the-hell-are-we alongside CNN, MSNBC and the suits figured out their brand and, subsequently and not coincidentally, increased their ratings. CNN hasn’t figured out it’s brand. They seriously need a branding expert OUTSIDE of the CNN sandbox to come in with a fresh perspective. By the way, CNN has an amazing team of producers and talent who are incredible at huge breaking news stories. The network now needs the new hybrid producers and hybrid talent for the other 364 normal news days of the year. From the talent side, which I obviously know, CNN needs five-tool players. Those who don’t just ‘front’ a show, but can create other content for the network while branding it –all within the social zeitgeist of the day with a wink and a nod to the importance of the emerging second screen experience. It is an amazing and thrilling time to be talent, to be in this business.

It would be thrilling to see CNN come back and give MSNBC and FNC a run for their money, instead of getting smoked in the ratings on a daily basis.
Although Washington and Colorado will probably vote for CNN getting smoked.