Monday, January 25, 2010

The money is running out -time to pull out of Haiti

A worrying trend maybe?

The New York Times reports that money worries and falling audiences will force news organisations to start pulling out of Haiti.

In an event of this magnitude, “you cover it first and worry about the money second,” said Paul Friedman, an executive vice president for CBS News.

But despite portable equipment that allows for filing and broadcasting via the Internet “makes it less expensive than it was even five years ago,”

CBS was “drawing down people as fast as we can, because the story is not as central as it was, and because we’ve got to start worrying about all the money we’re spending.”

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