92Y Tribeca: Mark Penn participates in a panel of industry leaders discussing “The Business of PR”

Mark Penn participated in a panel on “The Business of PR” at the 92Y Tribeca in New York with Kathy Bloomgarden, CEO, Ruder Finn and Steven Rubenstein, President, Rubenstein Communications.

In the highlight video, Mark mentions that despite the shrinking demand for newspapers, the demand for news and information in general is skyrocketing, and will continue to rise with the growth of the middle class. Watch the video at 92Y online.

Mark Penn posts follow-up to his Wall Street Journal Microtrends Column: America’s Newest Profession: Bloggers for Hire

Wall Street Journal Microtrends Column

Mark Penn Responds:

People have raised questions about the calculations on the numbers of bloggers for hire. First, I was surprised at how few studies there are on this and I believe there definitely should be more. So perhaps in the future I will do some original research, but for this piece we took the best we could find and referenced every number so people would know where they came from.

There is no question that the blogosphere, fast-growing as it is, has yet to nail down one way to measure itself or gauge its activity. But the most comprehensive sources we could find, conducted by reputable professionals, say there are over 22 million bloggers out there; and that 2% of bloggers are making their living blogging. Do the math, and you get roughly 450,000. It’s a fast-growing group and we ignore their needs, and influence, at our peril.

As far as the $75,000, the Technorati report says that of those bloggers who had 100,000 or more unique visitors, the average income is $75,000. True, it’s not the median, but it is the average. We can quibble about how easy it is to make this kind of money — but the point is, the huge potential is there.

Read more details on the sources and calculations

Mark Penn Participates in China’s Boao Forum for Asia (BFA) Annual Conference

Mark Penn participates in China's Boao Forum for Asia (BFA) Annual Conference 2009

Mark Penn spoke about the resilience of the internet economy to weather the financial crisis, including the rise of blogging and technology, and the dislocation and challenges facing journalists and the print industry. Watch the video on China’s QQ.com

Wall Street Journal Microtrends Column: America’s Newest Profession: Bloggers for Hire

Wall Street Journal Microtrends Column
By MARK PENN with E. KINNEY ZALESNE
From The Wall Street Journal Microtrends Column
Published April 21, 2009

In America today, there are almost as many people making their living as bloggers as there are lawyers. Already more Americans are making their primary income from posting their opinions than Americans working as computer programmers, firefighters or even bartenders.

Paid bloggers fit just about every definition of a microtrend: Their ranks have grown dramatically over the years, blogging is an important social and cultural movement that people care passionately about, and the number of people doing it for at least some income is approaching 1% of American adults.

Read the Full Article

Mark Penn Participates in Time Warner’s Politics 2008 Summit

Mark Penn Participates in Time Warner's Politics Summit 2008

Mark Penn participates in panel entitled “Media Power Vs. Political Power: The 2008 Election Re-defining the Relationship” alongside senior correspondents from the major news outlets, as part of Time Warner’s Politics 2008 Summit: The Media Conference for the Election of the President. To view the video, please visit the Digital Hollywood Time Warner Summit Conference page.

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