According to this article on Ad Age, brokerage firm Morgan Stanley has issued a directive to immediately pull all advertising from any publication that prints negative stories about the company.
The complicity between advertisers and the press is nothing new, but making overt demands like this isn’t going to make the MSM (mainstream media) any more relevant these days. It’s no wonder bloggers are getting noted for their investigative prowess and their pursuit of what’s really happening behind the news. Whether they want to or they’re being forced to, print journalists and TV news outlets are bending over for the powers that be.
