He’s died, after a battle with cancer. openDemocracy.net has published a moving list of his columns. What a man.
Random House cedes some e-Rights to Styron family
From today’s NYTimes.
Because e-books were not explicitly mentioned in most author contracts until about 15 years ago, disputes have arisen about who has the right to publish digital versions of older books. But along with other publishers, Random House, which releases Styron’s works in print, has said that clauses like “in book form” give it exclusive rights to publish electronic editions. In a letter to literary agents in December, Markus Dohle, chief executive of Random House, the world’s largest publisher of trade books, said authors were “precluded from granting publishing rights to third parties” for electronic editions.
But in a statement last week Stuart Applebaum, a spokesman for Random House, said the company was continuing talks with many authors or their estates about publishing e-books of their older works. “The decision of the Styron estate is an exception to these discussions,” he said in an e-mail message. “Our understanding is that this is a unique family situation.”
Mr. Applebaum added that Random House had released e-book editions of two titles by Styron published after electronic rights clauses had been added to contracts. “We are hopeful future discussions with his family members will eventually result in additional e-book publications,” Mr. Applebaum said.
People in the publishing industry said Random House’s apparent acquiescence in the Styron case could lead to a flood of other authors or their estates moving e-books to separate digital publishers.
Yep.
Quote of the day
If the iPad were a British party leader would it be:
a. Nick Clegg, because it’s new
b. David Cameron, because it’s shiny
c. Gordon Brown, because it displays the symptoms of severe control-freakery?
Answer: d., all of the above.
From John Lanchester, who has just bought an iPad.
Politicians and people v MSM
Rory Cellan-Jones, the BBC’s admirable Tech expert has a puzzling post on his blog in which he claims that:
So far, it’s been a much better election for the mainstream media – or the “MSM” as they’re described by an often contemptuous blogosphere – than you might have expected. The bloggers hoped they would boss this campaign, breaking stories, setting the mood, and leaving the flat-footed old media types trailing in its wake.
But the newspapers, and in particular the broadcasters have proved far more influential, with the TV debates dwarfing every other aspect of the campaign.
He then goes on to tell a story about a Tory candidate, Joanne Cash, who took exception to an article about her in the Sunday Times by a journalist named Camilla Long. But instead of grinning and bearing it, Ms Cash hit back on Twitter. Rory also cites the way in which the Labour ex-minister, Tom Watson (a formidable twitterer btw) immediately rebutted on his blog an incorrect story about him in a national newspaper.
Rory thinks that these examples illustrate the way in which online media make things different this time. And of course, at one level he’s right. But IMHO they’re just trivial examples and suggest that he’s missing the bigger picture.
Also, on a pedantic note, I’d like to see some evidence for his assertion that denizens of the “contemptuous” blogosphere “hoped they would boss this campaign, breaking stories, setting the mood, and leaving the flat-footed old media types trailing in its wake”. I can’t remember any blogger expressing such sentiments. Or have I just been missing a meme?
Old media, new media and the UK election
One of the more comical aspects of the current UK election is the way ‘old’ media (newspapers and broadcast TV) gloated about how they had ‘transformed’ the election from the venerable two-party slugfest into a supposedly more open contest. There’s a note of triumphalism here: “see”, the dinosaurs are braying, “for all this talk of an ‘online election’, the impact of the Net, social networking, twitter etc. it’s really going to be decided by older, tried-and-trusted media”. There may be a lot of cyberchatter on Twitter and Facebook, the political editors jeer, but it’s not showing up on the doorstep.
Hmmm… I wonder. My perception, sitting as I do far away from Hothouse SW1, is that something’s different this time. It isn’t anything as obvious as the online phenomenon so brilliantly exploited by the Obama campaign. What’s happening is more subtle: it is that there’s been a significant change in the media ecosystem, and the broadcast boys — and much of the print media — haven’t really noticed it. There are two reasons for this. The first is that they are conditioned by the push-media mindset — which essentially assumes that those at the centre who create the messages are the only ones who count and those who receive them at the edges are essentially dumb and passive. The second reason is that they live in the same hermetically-sealed bubble as the political establishment, which to all intents and purposes constitutes a parallel universe to the one inhabited by the rest of us.
The televised debates have brought all this sharply into focus. The gloating, self-satisfaction of the TV crowd is so palpable, and somehow, so pathetic. All the hoopla: it’s like the Cup Final, the Cheltenham Gold Cup and the Oscars rolled into one. The vans with the satellite dishes; the neatly-coiffed and suited news anchors brought down to the West Country [the second debate took place in Bristol] to do ‘pieces to camera’ against the backdrop of the river Avon; the pre-match interviews with the referee, Adam Bolton of Sky — (“are you nervous?” he was asked in one particularly nauseating Radio 4 interview). And so on, ad nauseam.
And then the aftermath backstage in which spin doctors corralled in what Armando Ianucci memorably dubbed “spin alley” where they are solemnly ‘interviewed’ to give them an opportunity to explain why and how their man ‘won’. “The forces of spin in the room are so convulsive”, Ianucci writes,
“that they generate their own satellite spinners; last week, the shadow Home Secretary Chris Grayling was heard spinning that, in the practice debates where he was pretending to be Gordon Brown, he outclassed the real David Cameron. This week, a Labour sub-spinner spun that David Miliband would be replacing Peter Mandelson as the spinner for Gordon Brown, therefore reflecting the fact they were placing less emphasis on spin. If Dr Seuss ever wrote a stage play, it would look and sound like this.
Meantime, all the broadcast networks set up little pens inside which their reporters try to unspin what’s been spun in front of them and for the benefit of live TV cameras. Walking down the row, listening to the collective chirruping, it’s hard not to think that is what it would be like being locked inside a battery farm for the night.”
What’s changed is that this kind of thing — which used to be the essence of TV election coverage in the old days — now looks, well, both comical and pathetic. I mean to say, here are these guys telling us how the debate that we have all just watched ‘went’, as if we were dopes incapable of having our own responses. Further, they are telling us how we will respond (or have already responded via instant polling techniques) to it. What they don’t know is that I have been watching the debates alongside my Twitter buddies, and I have been attending — and contributing to — that backchannel throughout the debate and its aftermath. They don’t know, for example, that at one point someone tweeted that while watching the debate on HD he had suddenly wondered if David Cameron was trying to grow a moustache. In no time at all this meme had flourished and led to this.
Further, what the TV guys don’t know either is how ludicrous they have begun to seem in this new media environment, or the extent to which we are laughing at them. Suddenly a commentator like Nick Robinson [the BBC’s Political Editor] has begun to look like a politician giving a lecture to a school Assembly, the members of which have noticed — as he has not — that his flies are undone.
What old media seem to have forgotten, as Peter Preston points out in a coruscating Observer column this morning, is that
“The point of the debates is to let viewers see for themselves, and decide. Cue maybe an instant poll or five. Self-serving guff shouldn’t be on the menu.
But, alas, too many newspapers take us for mugs. Here’s the Sun, hailing “The Cam Back Kid”. Here’s the Mirror proclaiming that “Hapless Cam flops again”. Here’s the poll that happens to fit your prejudices, however vestigially. And here, trailing across the bottom of too many pages, are mini-verdicts from Sun security advisers, Sun cabbies and sundry predictable players, all parroting a script you could have written before the train left for Bristol.
Pause and ponder a potentially defining moment. Something has happened since this campaign began, something that’s turned the polls and assumed certainties topsy-turvy. You can scoff along Clegg/Obama/Churchill lines. You can wait for the balloon to burst. But meanwhile the old routines look crude, going on insulting.”
“Do what you do best and link to the rest” is Jeff Jarvis’s (excellent) advice to journalists and editors who are puzzled about how they should respond to the challenge of online media. What TV did best, in this particular context, was to stage the debate: only a broadcast (few-to-many) medium could do that. But where it struggles is in attempting to add value to that broadcast event. To date, it has fallen back on the old, pre-Internet, staples (studio discussions with bigwigs, spinmeisters and columnists) leavened with a smattering of new tech tools (for example, second-by-second reaction tracking). But, actually, the value added is trivial compared with what’s available on the Web and in social media. And the reason for that is simple: TV is a push medium; and the intellectual bandwidth of push media is inherently very narrow. As Neil Postman observed many years ago (and James Fallows also showed in his lovely book, Breaking the News
), you can’t do philosophy with smoke signals.
The ancient art of blogging
Lovely talk by Joshua Benton of the Nieman Lab showing that many of the dodgy practices attributed by print journalists to bloggers have a venerable history — in the print media.
Should be viewed in conjunction with Nick Davies’s Flat Earth News, and a nice antidote to print journalism’s attempt to occupy the high moral ground.
That moustache
The Goldman case
Nice, acerbic column in The Atlantic by Daniel Indiviglio.
Would you have sympathy for a professional auto mechanic who bought a lemon after given the opportunity to examine the car beforehand? Few people probably would, since if anyone should have known better, he should have. Yet, in its case (.pdf – brief synopsis here) against Goldman Sachs, the Securities and Exchange Commission needs the court to develop a very similar sort of sympathy for German IKB bank and other large sophisticated investors who purchased a synthetic collateralized debt obligation (CDO) from Goldman. Even under the circumstances of the case, it's extremely difficult not to feel that IKB should have known better.
As far as I know, RBS also bought into the offending CDO. Same logic applies. Did they do ‘due diligence’?
This week’s Economist has quite a good piece about Goldman:
The Securities and Exchange Commission says Goldman misled two clients by failing to give adequate disclosure. At the urging of a hedge fund, Paulson, it enlisted an insurance firm, ACA, to select (with Paulson’s input) a pool of mortgage instruments upon which the security’s price would be based. The SEC alleges that Goldman misled ACA into believing that Paulson would co-invest with it. In fact Paulson was betting that the security would decline. The SEC also claims that IKB, a German state bank with a seemingly inexhaustible capacity for self-harm, was not told of Paulson’s role in helping pick the mortgages, a role the SEC argues was material.
Broken dealer?Both of these possible offences are serious. Goldman denies the first outright, and on the second it argues that Paulson’s role was not material. The arguments appear finely balanced: the investigation has gone on for more than a year and the SEC’s top brass was divided over whether to proceed. It is impossible to second-guess the case’s outcome. But Goldman is already viewed by many as guilty. That fits a broader narrative in which it manipulated the bail-out and profited from economic misery. For those interested in accurate history, this is unfortunate. Some of Goldman’s links with the government were uncomfortably close. But the real story of this financial crisis, like many others, was not about one firm but near universal risk-taking, stupidity—and possibly widespread fraud.
History says that banks bounce back from legal problems. Goldman, however, will continue to be beaten up in public, whatever the outcome of this case. In one way, rightly so. No firm has combined such red-blooded dedication to profit and high pay with so little appreciation of the state’s generosity, in saving it from following Lehman and in propping up finance with subsidies and guarantees (which are now being reconsidered—see article). Many at the firm might wish it could go private again and recover its capitalist vim. But after a decade of huge success it is now too big to do that. It is also so dedicated to trading that it cannot go back to being a normal, boring bank. Greed and success, let alone a guilty verdict, have already pushed Goldman Sachs into a kind of prison.
Vote Cameron, get the Digger
What to do after you screw up
Barry McPherson of anti-virus company McAfee, after they released a buggy upgrade that screwed up a lot of customers’ machines writes about “A Long Day at McAfee”.
In our ongoing efforts to protect our customers from a seemingly endlessly multiplying variety and volume of attacks, today we released a update file that clearly did more harm than good. There was a legitimate threat and we wanted to protect our customers, as we have done successfully thousands and thousands of times before. But in trying to do so, we created negative and unintended consequences for some very important people. Many of you.
Having talked to literally hundreds of my colleagues around the world and emailed thousands to try and find the best way to correct these issues, let me say this has not been my favorite day. Not for me, or for McAfee. Not by a long shot.
Mistakes happen. No excuses. The nearly 7,000 employees of McAfee are focused right now on two things, in this order. First, help our customers who have been affected by this issue get back to business as usual. And second, once that is done, make sure we put the processes in place so this never happens again.
Can you imagine a senior exec in a British company writing like this? Instead, we’d have some PR-blended crap about “unfortunate circumstances” and things getting better “going forward”.