Sunday, May 22, 2011

The Gossip Machine, Churning Out Cash - NYTimes.com

A discouraging information responsibility snapshot

This is how it works in the new world of round-the-clock gossip, where even a B-list celebrity’s tangle with the law can be spun into easy money, feeding the public’s seemingly bottomless appetite for dirt about the famous.

A growing constellation of Web sites, magazines and television programs serve it up minute by minute, creating a river of cash for secrets of the stars, or near-stars. An analysis of advertising estimates from those outlets shows that the revenue stream now tops more than $3 billion annually, driving the gossip industry to ferret out salacious tidbits on a scale not seen since the California courts effectively shut down the scandal sheets of the 1950s.

The Gossip Machine, Churning Out Cash - NYTimes.com

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