Sponsored Content Really Not a Big Deal, Folks

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Earlier today Josh Marshall announced that TPM had launched a new section called “IdeaLab: Impact,” sponsored by PhRMA, the famously ubiquitous pharmaceutical industry lobby. Henry Farrell was distinctly unimpressed by the news:

In that spirit, I’d like to introduce a very cool new non-sponsored section myself, “Bullshit Lab: Impact,” focused on the very cool ways in which PhRMA lobbying is affecting real human lives and impacting people and communities living on the margins of global wealth and on the margins of the technological transformations. Except losing the “impacting,” since it isn’t a verb ever seen outside corporate press releases. How, for example, is PhRMA lobbying advancing the ball on shoving insanely demanding requirements into international trade agreements? What are the impactful ways in which PhRMA is impacting high drug prices? What are the cutting edge techniques in which PhRMA is pushing back on patent reform for AIDS drugs in South Africa….Feel free to treat this post’s comments sections as an opportunity to provide further examples, and unleash the real world impacts of innovative lobbying innovations!!

Sponsored content is all the rage these days, so this was probably inevitable. In fact, I was just reading about it the other day on my Dell Venue 11 tablet. I had just gotten back from Target, which was having a sale on DiGiorno frozen pizzas, and hopped onto Internet Explorer while I waited for the pizza to heat up in my Breville toaster oven. I wanted to read about NYT Now, a “compelling new iPhone® app with quick summaries and updates of top stories from our editors” that the Times announced a couple of weeks ago at South By Southwest Interactive. I found a few blurbs via Google News, but I still want to know more. It sounds exciting! I wonder if I’ll be able to read it on the HTC One Android phone I’m planning to buy from T-Mobile?

Anyway, like I said, the whole sponsored content thing is probably inevitable, but I doubt it has much actual effect on what journalists choose to write about. Nothing to get worked up about, Henry.

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

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