media

‘Just basic memory functions and also just the level of norepinephrine and the epinephrine in the brain that as you know encodes that neurotransmitter that codes memories into the hippocampus and so the trauma-related experience is locked there, whereas other details kind of drift.’ –Dr. Christine Blasey Ford

30 years ago, Spy magazine sent “refund” checks for $1.11 to 58 rich people.

The 26 who cashed those got another check, for $.64.

The 13 who cashed those each got a check for $.13.

Two people cashed the $.13 checks—Donald Trump and Jamal Khashoggi’s arms-dealer uncle Annan.

{ Kurt Andersen | Spy, July, 1990 p. 84 + full issue }

The best way to avoid cocaine overdose is to not do cocaine at all

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In 2016, the technology startup VidAngel offered a movie streaming service that empowered users to mute potentially offensive audio and cut potentially offensive video from Hollywood films. Copyright litigation forced VidAngel’s service offline in December of that year. But, in the preceding eleven-and-a-half months, VidAngel managed to transmit roughly four million filtered streams and, for each of them, to record not only which filters were applied, but also how many minutes of the resulting film each user then watched.

[W]e use the VidAngel data to study the market for filtered motion picture content. Among our findings are that video filters are primarily used to filter scenes involving intimacy, rather than those related to violence; and that, while the most common filtered audio is the word “f*ck,” users are even more likely to mute the words “Christ” and “dink.”

{ UCLA School of Law, Law and Economics Research Paper Series | Continue reading }

You know I hopped into my car, didn’t get very far

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On Thursday, AT&T unveiled a service called WatchTV, a “skinny bundle” of 31 television channels, many of them under AT&T’s control after the Time Warner merger, as well as on-demand content from those channels. Subscribers to AT&T’s two new unlimited data plans get WatchTV for free, and the pricier plan includes HBO, the crown jewel of the Time Warner merger. Non-AT&T customers who want WatchTV can get it for $15 per month—but without access to John Oliver and Silicon Valley, which would cost another $15 through HBO Now. […]

Growth through acquisition is how Google and Facebook became so dominant in their respective markets. Facebook has a tool called Onavo that identifies the user bases of rival social networks so it can buy them up if they start to take off. Google bought its ad network by acquiring Doubleclick, AdMob, and other firms.

{ New Republic | Continue reading }

Time to rebuild the

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Across four experiments participants chose between two versions of a stimulus which either had an attractive left side or an attractive right side. […]

In each experiment participants showed a significant bias to choose the stimulus with an attractive left side more than the stimulus with an attractive right side. The leftward bias emerged at age 10/11, was not caused by a systematic asymmetry in the perception of colourfulness or complexity, and was stronger when the difference in attractiveness between the left and right sides was larger.

The results are relevant to the aesthetics of product and packaging design and show that leftward biases extend to the perceptual judgement of everyday items. Possible causes of the leftward bias for attractiveness judgements are discussed and it is suggested that the size of the bias may not be a measure of the degree of hemispheric specialization.

{ Laterality | Continue reading }

art { Adrian Piper, Catalysis III, 1970 }

There’ll be no more high, but you may feel a little sick

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no master how mustered, mind never mend

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Brothers Vincenzo and Giacomo Barbato named their clothing brand “Steve Jobs” in 2012 after learning that Apple had not trademarked his name. […]

The Barbatos designed a logo that resembles Apple’s own, choosing the letter “J” with a bite taken out of the side. Apple, of course, sued the two brothers for using Jobs’ name and a logo that mimics the Apple logo. In 2014, the European Union’s Intellectual Property Office ruled in favor of the Barbatos and rejected Apple’s trademark opposition. […]

While the Barbatos currently produce bags, t-shirts, jeans, and other clothing and fashion items […] they plan to produce electronic devices under the Steve Jobs brand.

{ Mac Rumors | Continue reading }

art { Left: Ellsworth Kelly, Nine Squares, 1977 | Right: Damien Hirst, Myristyl Acetate, 2005 }

News is what somebody does not want you to print. All the rest is advertising.

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On January 4, 2012 an explosion killed a man in an apartment in the Ukrainian port city of Odessa. Police arrested another occupant. One month later, on February 4, a second man was arrested in connection with the explosion. On February 27—six days before the March 4 Russian presidential election—Russian state controlled television station Channel One broke the story that the two detainees had been part of a plot to assassinate Russian Prime Minister, and presidential candidate, Vladimir Putin. “Channel One said it received information about the assassination attempt 10 days [earlier] but did not explain why it did not release the news sooner.”

Two points of this anecdote are noteworthy. First, information about the alleged plot was not released as soon as it was available. Instead, state television dropped the bomb- shell at a later, strategically-chosen time. Second, voters drew inferences from the timing of the release.

In this paper we analyze a Sender-Receiver game which connects the timing of information release with voters’ beliefs prior to elections. Early release of information is more credible, in that it signals that Sender has nothing to hide. On the other hand, such early release exposes the information to scrutiny for a longer period of time—possibly leading to the information being discovered to be false. […]

We show that fabricated scandals are only released sufficiently close to the election. […] Perhaps more importantly, we make predictions about the time pattern of campaign events. We show that for a broad range of parameters the probability of release of scandals (authentic or fabricated) is U-shaped, with scandals concentrated towards the beginning and the end of an electoral campaign.

{ When to Drop a Bombshell, 2016 | PDF }

The concentration of scandals in the last months of the 2016 campaign is far from an exception. Such October surprises are commonplace in US presidential elections. […] Political commentators argue that such bombshells may be strategically dropped close to elections so that voters have not enough time to tell real from fake news. Yet, if all fake news were released just before an election, then voters may rationally discount October surprises as fake. Voters may not do so fully, however, since while some bombshells may be strategically timed, others are simply discovered close to the election.

Therefore, the strategic decision of when to drop a bombshell is driven by a tradeoff between credibility and scrutiny. […]

This credibility-scrutiny tradeoff also drives the timing of announcements about candidacy, running mates, cabinet members, and details of policy platforms. An early announcement exposes the background of the candidate or her team to more scrutiny, but boosts credibility. The same tradeoff is likely to drive the timing of information release in other contexts outside the political sphere. For instance, a firm going public can provide a longer or shorter time for the market to evaluate its prospectus before the firm’s shares are traded.

{ When to Drop a Bombshell, 2017 | PDF }

‘The past is always attractive because it is drained of fear.’ –Thomas Carlyle

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{ The American Museum of Natural History window and New York Philharmonic window at Bergdorf Goodman | More: 2017 Bergdorf Goodman holiday windows }

In this wet of his prow

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It has become common practice for retailers to personalize direct marketing efforts based on customer transaction histories as a tactic to increase sales.

Targeted email offers featuring products in the same category as a customer’s previous purchases generate higher purchase rates. However, a targeted offer emphasizing familiar products could result in curtailed search for unadvertised products, as a closely matched offer weakens a customer’s incentives to search beyond the targeted items.

In a field experiment using email offers sent by an online wine retailer, targeted offers resulted in decreased search activity on the retailer’s website. This effect is driven by a lower rate of search by customers who visit the site, rather than a lower incidence of search.

{ Management Science | Continue reading }

related { This research demonstrates that a marketing claim placed on a package is more believable than a marketing claim placed in an advertisement }

How say you by the French lord, Monsieur Le Bon?

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Citigroup is suing AT&T for saying thanks to its own loyal customers […] Citigroup has trademarks on the phrases “thankyou” and “Citi thankyou,” as well as other variations of those terms.

{ Ars Technica | Continue reading }

Nous partîmes cinq cents ; mais par un prompt renfort, nous nous vîmes trois mille en arrivant au port

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Most fans in many popular sports pay less for their tickets than conventional economic theory would predict.

Which poses the question: are team owners therefore irrational?

Not necessarily. There are (at least?) four justifications for such apparent under-pricing.

First, say Krautmann and Berri, owners can recoup the revenues they lose from under-pricing tickets by making more in other ways: selling programmes, merchandise and over-priced food and drink in the stadium.

Secondly, Shane Sanders points out that it can be rational to under-price tickets to ensure that stadia are full. […]

Thirdly, higher ticket prices can have adverse compositional effects: they might price out younger and poorer fans but replace them with tourists […] a potentially life-long loyal young supporter is lost and a more fickle one is gained. […]

Fourthly, high ticket prices can make life harder for owners. They raise fans’ expectations.

{ Stumbling and Mumbling | Continue reading }

oil on wood { Ellsworth Kelly, Seine, 1951 }

Bene ascolta chi la nota

Anthony Burgess, author of A Clockwork Orange, asks his editor (Hunter S. Thompson) if he could submit a novella instead of a “thinkpiece” to Rolling Stone. Hunter S. Thompson replies:

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Abandon all hope, you who enter here

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The authors identify customers, termed “Harbingers of failure,” who systematically purchase new products that flop. Their early adoption of a new product is a strong signal that a product will fail—the more they buy, the less likely the product will succeed.

Firms can identify these customers through past purchases of either new products that failed or existing products that few other customers purchase. The authors discuss how these insights can be readily incorporated into the new product development process.

The findings challenge the conventional wisdom that positive customer feedback is always a signal of future success.

{ Journal of Marketing Research }

‘You and I have a rendezvous with destiny.’ –Ronald Reagan

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This article examines the extent to which advertising outside of an explicit campaign environment has the potential to benefit the electoral fortunes of incumbent politicians.

We make use of a novel case of non-campaign advertising, that of North Carolina Secretary of Labor Cherie Berry (R-NC), who has initiated the practice of having her picture and name displayed prominently on official inspection placards inside all North Carolina elevators. We […] find that Berry outperformed other statewide Republican candidates in the 2012 North Carolina elections. Our findings suggest that candidates can use this form of advertising to indirectly improve their electoral fortunes.

{ American Politics Research | Continue reading }

Hats off to da rich ones who flash and floss

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Business Insiders is expecting to make 65 million dollars next year. […] It employs 325 people, meaning it currently brings in roughly $132,300 in revenue per employee. […]

BuzzFeed … $208,333 per employee

Gawker … $211,538 per employee

Vice … $457,500 per employee

The New York Times Company … between $440,000 and $450,000 per employee

{ The Awl | Continue reading }

You know, Sue Ellen, I do believe you’re going ninety miles an hour toward a nervous breakdown

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Researchers Elizabeth L. Paluck and colleagues partnered with a TV network to insert certain themes (or messages) into popular dramas shown on US TV. They then looked to see whether these themes had an effect on real world behavior, ranging from Google searches to drink-driving arrests.

The study was based on three prime time Spanish-language dramas (telenovelas) which have a viewership of around 1.2 million people per week. Telenovelas are a genre similar to English-language soap operas except shorter, most lasting about a year. Into these shows, eight messages were added, ranging from health and safety (benefits of low cholesterol, dangers of drink driving) to community building (register to vote, scholarships for Hispanic students.) […]

So did it work? Not really. […] There was no evidence that messages about voter registration led to increases in the number of Hispanics actually registering. Nor did Google searches for terms related to the messages increase following each broadcast.

{ Neuroskeptic | Continue reading }

‘Radio — suckers never play me’ –Public Enemy

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With the advent of the Internet, many U.S. metropolitan areas have seen newspaper closures due to declining revenues. This provides the researcher with an opportunity to analyze the microeconomic sources of media bias.

This article uses a large panel dataset of newspaper archives for 99 newspapers over 240 months (1990–2009).

The author found that, after controlling for the unemployment rate, the change in unemployment rate, and the political preferences of surrounding metropolitan area, conservative newspapers report 17.4% more unemployment news when the President is a Democrat rather than a Republican, before the closure of a rival newspaper in the same media market. This effect is 12.8% for liberal newspapers. After the closure, these numbers are 3.5% and 1.1%, respectively.

{ Journal of Media Economics | Continue reading }

and { Twitter Language Use Reflects Psychological Differences between Democrats and Republicans }

The face forgives the mirror

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Today, of course everybody knows that “Hardball,” “Rivera Live” and similar shows are nothing but a steady stream of guesses about the future. The Sunday morning talk shows are pure speculation. They have to be. Everybody knows there’s no news on Sunday.

But television is entertainment. Let’s look at the so-called serious media. For example, here is The New York Times for March 6, the day Dick Farson told me I was giving this talk. The column one story for that day concerns Bush’s tariffs on imported steel. Now we read: Mr. Bush’s action “is likely to send the price of steel up sharply, perhaps as much as ten percent…” American consumers “will ultimately bear” higher prices. America’s allies “would almost certainly challenge” the decision. Their legal case “could take years to litigate in Geneva, is likely to hinge” on thus and such.

Also note the vague and hidden speculation. The Allies’ challenge would be “setting the stage for a major trade fight with many of the same countries Mr. Bush is trying to hold together in the fractious coalition against terrorism.” In other words, the story speculates that tariffs may rebound against the fight against terrorism.

By now, under the Faludi Standard I have firmly established that media are hopelessly riddled with speculation, and we can go on to consider its ramifications.

You may read this tariff story and think, what’s the big deal? The story’s not bad. Isn’t it reasonable to talk about effects of current events in this way? I answer, absolutely not. Such speculation is a complete waste of time. It’s useless. It’s bullshit on the front page of the Times.

The reason why it is useless, of course, is that nobody knows what the future holds.

Do we all agree that nobody knows what the future holds? Or do I have to prove it to you? I ask this because there are some well-studied media effects which suggest that simply appearing in media provides credibility. There was a well-known series of excellent studies by Stanford researchers that have shown, for example, that children take media literally. If you show them a bag of popcorn on a television set and ask them what will happen if you turn the TV upside down, the children say the popcorn will fall out of the bag. This result would be amusing if it were confined to children. But the studies show that no one is exempt. All human beings are subject to this media effect, including those of us who think we are self-aware and hip and knowledgeable.

Media carries with it a credibility that is totally undeserved. You have all experienced this, in what I call the Murray Gell-Mann Amnesia effect. […]

Briefly stated, the Gell-Mann Amnesia effect is as follows. You open the newspaper to an article on some subject you know well. In Murray’s case, physics. In mine, show business. You read the article and see the journalist has absolutely no understanding of either the facts or the issues. Often, the article is so wrong it actually presents the story backward—reversing cause and effect. I call these the “wet streets cause rain” stories. Paper’s full of them.

In any case, you read with exasperation or amusement the multiple errors in a story, and then turn the page to national or international affairs, and read as if the rest of the newspaper was somehow more accurate about Palestine than the baloney you just read. You turn the page, and forget what you know.

That is the Gell-Mann Amnesia effect. I’d point out it does not operate in other arenas of life. In ordinary life, if somebody consistently exaggerates or lies to you, you soon discount everything they say. In court, there is the legal doctrine of falsus in uno, falsus in omnibus, which means untruthful in one part, untruthful in all. But when it comes to the media, we believe against evidence that it is probably worth our time to read other parts of the paper.

{ Michael Crichton | Continue reading }

‘Where is the knowledge we have lost in information?’ —T.S. Eliot

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We meta-analyzed the effects of sexual media, violent media, sexual ads, and violent ads on the advertising outcomes of brand memory, brand attitudes, and buying intentions. The meta-analysis included 53 experiments involving 8,489 participants.

Analyses found that brands advertised in violent media content were remembered less often, evaluated less favorably, and less likely to be purchased than brands advertised in nonviolent, nonsexual media. Brands advertised using sexual ads were evaluated less favorably than brands advertised using nonviolent, nonsexual ads. There were no significant effects of sexual media on memory or buying intentions. There were no significant effects of sexual or violent ads on memory or buying intentions.

As intensity of sexual ad content increased, memory, attitudes, and buying intentions decreased.

When media content and ad content were congruent (e.g., violent ad in a violent program), memory improved and buying intentions increased.

Violence and sex never helped and often hurt ad effectiveness.

{ Psychological Bulletin/American Psychological Association | PDF }

related { Allegation that ad-serving companies deliberately slow down web pages to maximise profit }

Damn your yellow stick. Where are we going?

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Marketers often seek to minimize or eliminate interruptions when they deliver persuasive messages in an attempt to increase consumers’ attention and processing of those messages. However, in five studies conducted across different experimental contexts and different content domains, the current research reveals that interruptions that temporarily disrupt a persuasive message can increase consumers’ processing of that message. As a result, consumers can be more persuaded by interrupted messages than they would be by the exact same messages delivered uninterrupted.

{ Journal of Consumer Research/Stanford Business | Continue reading }

art { Teppei Kaneuji, Ghost in the Liquid Room (lenticular) #9, 2014 }