Philly biz editor explains
sponsorship experience
By Kevin Noblet
The Associated Press
(Editor's Note: SABEW board member Kevin
Noblet covered
the session on the Philadelphia Inquirer's sponsorship
of its business section by a local bank at
the fall SABEW conference held Oct. 20-21.)
CHAPEL HILL, N.C. -- If it
was a grilling, it was a warm one, not a hot one: Tony
Gnoffo encountered
lots of sympathy from his peers at SABEW’s fall conference.
The Philadelphia Inquirer business editor was on the spot
to explain how and why the paper sold sponsorship of a
new column and exclusive section-front advertising
space
to Citizens Bank. He took a lot of questions, certainly,
about the effect the deal could have on the credibility
of the Inquirer’s business news report. But there
were understanding nods and sighs when he explained that
the $2 million the bank is paying over two years is “an
opportunity to get another staffer. I guess you could call
it a bribe.”
Many of those in the room were business editors and reporters
from other news outlets hit by their own staff cuts.
Gnoffo acknowledged the potential for readers to interpret
sponsorship of the column, which was launched at the end
of April, as a co-opting of the paper by a corporate interest. “Only
time will tell,” he said.
“The only thing I can do is keep this space populated with
real news,” he said, so that over time readers will
come to see that there is no bias. A collection of brief
reports of mostly local interest, “it’s not
going to be a friendly, rah-rah kind of column.”
Getting contributions to the column from his own staff
sometimes is a challenge, he admitted, because many of
them aren’t happy about the ad deal. “They’ve
dug in, and they don’t like it.”
Gnoffo insisted the arrangement hasn’t affected the
Inquirer’s reporting, and showed examples of critical
coverage of Citizens Bank, including a prominent article
about income the CEO collects from serving on other company’s
boards. He got no complaints about the story, from the
bank or the paper’s ad department, he said. In fact
he heard nothing at all.
One question asked was if other local companies saw the
relationship as cozy, and were denying the Inquirer’s
reporters stories. Gnoffo’s dry reply: “I’ve
perceived no reduction in the inflow of PR pitches.”
Posted Oct. 31, 2007