Read Trust Me, I'm Lying: Confessions of a Media Manipulator Online

Authors: Ryan Holiday

Tags: #Business & Economics, #Marketing, #General, #Industries, #Media & Communications

Trust Me, I'm Lying: Confessions of a Media Manipulator (10 page)

BOOK: Trust Me, I'm Lying: Confessions of a Media Manipulator
8.1Mb size Format: txt, pdf, ePub
ads

Blogs are built and run with an exit in mind. This is really why they need scoops and acquire marquee bloggers—to build up their names for investors and to show a trend of rapidly increasing traffic. The pressure for this traffic in a short period of time is intense. And desperation, as a media manipulator knows, is the greatest quality you can hope for in a potential victim. Each blog is its own mini-Ponzi scheme, for which traffic growth is more important than solid financials, brand recognition more important than trust, and scale more important than business sense. Blogs are built so someone else will want it—one stupid buyer cashing out the previous ones—and millions of dollars are exchanged for essentially worthless assets.

ANYTHING GOES IN THE DEN OF THIEVES

 

It doesn’t surprise me at all that shady business deals and conflicts of interest abound in this world. My favorite example, of course, is myself. I am regularly the online ad buyer and the publicist or PR contact for the clients I represent. So the same sites that snarkily cover my companies also depend on me for large six- or even seven-figure checks each year. On the same day a writer for a blog might be e-mailing me for information about a rumor they heard, their publisher is calling me on the phone asking if I want to increase the size of my ad buy. Later in this book I’ll write about how difficult it is to get bloggers to correct even blatantly inaccurate stories—this conflict of interest was one of the only effective tools I could use to combat that. Naturally, nobody minded what I was doing, because they were too busy lining their own pockets to care.

Michael Arrington, the loudmouth founder and former editor in chief of
TechCrunch
, is famous for investing in the start-ups that his blogs would then cover. Although he no longer runs
TechCrunch
, he was a partner in two investment funds during his tenure and now manages his own, CrunchFund. In other words, even when he is not a direct investor he has connections or interests in dozens of companies on his beat, and his insider knowledge helps turn profits for the firm.

When criticized for these conflicts he responded by saying that his competitors were simply jealous because he was—I’m not kidding—“a lot better than them.” So when Arrington blew the lid off a secret meeting of angel investors in Silicon Valley in 2011—later known as “Angelgate”—it’s hard to say whose interests he was serving, his readers’ or his own. Or maybe he was upset not because collusion is wrong but because the group had declined to invite him and—again, not kidding—treated him rudely when he showed up anyway. He ultimately left
TechCrunch
after a highly publicized fight with the new owners, AOL, who dared to question this conflict of interest.

Nick Denton of
Gawker
is also a prolific investor in his own space, often putting money in companies founded by employees who left his company or were fired. He has stakes in several local blog networks, such as
Curbed
, that are often linked to or written about on his larger sites. By shuffling users around to two sites he can charge advertisers twice. Denton also invested in the site Cityfile, which he was able to pump up with traffic from his other blogs before acquiring it outright and rolling it back into
Gawker
.

Influence is ultimately the goal of most blogs and blog publishers, because that influence can be sold to a larger media company. But, as Arrington and Denton show, influence can also be abused for profit through strategic investments—be it in the companies they write about or where they decide to send monetizeable traffic. And, of course, these are only the conflicts of interest blatant enough to be discovered by the public. Who knows what else goes on behind the curtain?

ENTER: THE MANIPULATOR

 

Bloggers eager to build names and publishers eager to sell their blogs are like two crooked businessmen colluding to create interest in a bogus investment opportunity—building up buzz and clearing town before anyone gets wise. In this world, where the rules and ethics are lax, a third player can exert massive influence. Enter: the media manipulator.

The assumptions of blogging and their owners present obvious vulnerabilities that people like me exploit. They allow us to control what is in the media, because the media is too busy chasing profits to bother trying to stop us. They are not motivated to care. Their loyalty is not to their audience but to themselves and their con. While ultimately this is reason to despair, I have found one small solace: Conning the conmen is one of life’s most satisfying pleasures. And it’s not even hard.

In the next chapters I will outline how to do this and how it is being done. I have broken down the manipulation of blogs into nine effective tactics. Each exposes a pathetic vulnerability in our media system—each, when wielded properly, levels the playing field and gives you free rein to control the flow of information on the web.

 

*
Exclusives, as they are called, are important for another reason. Advertising a story as an exclusive by extension takes a dig at a publication’s competitors: “We got this story and they didn’t—because we’re better.” This is partly why a site would rather post a weak exclusive on its front page than a more interesting story they’ve been forced to share with others.

IV

TACTIC #1

 

BLOGGERS ARE POOR; HELP PAY THEIR BILLS

 

 

THERE ARE MANY WAYS TO GIVE SOMEONE A BRIBE. Very rarely does it mean handing them a stack of bills. You use this logic and the criteria that bloggers’ employers use to determine the size of their paycheck—the stuff bloggers are paid for—can be co-opted and turned into an indirect bribe. These levers were easy enough for me to find, and properly identified and wielded, they turned out to be as effective as any overt payoff.

It begins with how these bloggers are hired. Put aside any notion that applicants are chosen based on skill, integrity, or a love of their craft. Ben Parr, editor at large at the popular technology blog
Mashable
, was once asked what he looked for when he hired writers for his blogs. His answer was one word: quickness. “Online journalism is fast-paced,” he explained. “We need people that can get the story out in minutes and can compose the bigger opinion pieces in a couple hours, not a couple of days.” As to any actual experience in journalism, that would be considered only “a definite plus.”
1

The payment structure of blogging reflects this emphasis on speed over other variables, such as quality, accuracy, or how informative the content might be. Early on blogs tended to pay their writers a rate per post or a flat rate with a minimum number of posts required per day.
Engadget,
Slashfood
,
Autoblog
, and other sites run by Weblogs, Inc. paid bloggers a reported five hundred dollars a month in 2005 for 125 posts—or four dollars a post, four per day.
2
Gawker
paid writers twelve dollars a post as late as 2008. And of course these rates don’t include the other duties bloggers are stuck with, such editing, responding to e-mails, and writing comments. Professional blogging is done in the boiler room, and it is brutal.

Gawker
set the curve for the industry again when they left the pay-per-post model and switched to a pageview-based compensation system that gave bonuses to writers based on their monthly traffic figures. These bonuses came on top of a set monthly pay, meaning that bloggers were eligible for payments that could effectively double their salary once they hit their monthly quota. You can imagine what kind of results this led to. I recall a post from a
Gawker
writer whining about how he didn’t know how much money he’d make that month—and getting seventeen thousand views for it.

The bonus system was so immediately rewarding for
Gawker
bloggers that the company tweaked their ratio to deemphasize the bonus slightly. The system remains, however, and today the company has a big board in its offices that shows the stats for all the writers and their stories. When writers aren’t fighting for bonuses, all they have to do is look up to be reminded: If you’re at the bottom of the board, you might get fired.

BOOK: Trust Me, I'm Lying: Confessions of a Media Manipulator
8.1Mb size Format: txt, pdf, ePub
ads

Other books

Modern Girls by Jennifer S. Brown
Sharing Harper by V. Murphy
Raw Blue by Kirsty Eagar
The Sons of Isaac by Roberta Kells Dorr
Dogfight by Calvin Trillin
Jenna's Story by Lizzy Stevens
Jayne Fresina by Once a Rogue