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Too late to get off bare-knuckle economic ride
From conglomerates to internet ventures, executives should be planning now on a decline of up to 40% in advertising spending during this cycle. Instead they’re sleepwalking into economic extinction–even those lean online ventures which were supposed to take up the mantle and preserve New York’s position as a media capital. — Nick Denton
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Kara’s got a brand new toy
Kara Swisher at WSJ’s BoomTown has a new HD Flip video camera. “The more Flips we have; the more fun we have.” I can get behind that one! I haven’t seen the HD version on Amazon yet so I’m assuming the BoomTown folks have a review one from the company. Katherine Boehret did a helpful…
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Spot.Us spot-on
Spot.Us – Community Funded Reporting Intro from Digidave on Vimeo. Dave Cohn has officially launched Spot.Us, a Knight News Challenge project in “community-funded journalism.” It’s sort of a Kiva.org for journalism. One of the buzzwords being used around the effort is “crowd funding;” another, “community funded reporting.” The New York Times explains it: The idea…