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Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero … all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Portrait of a failing media company

By Megan McArdle
May 28 2008, 12:38 PM ET Comment

[Conor Friedersdorf]

William Dean Singleton is Vice Chairman and CEO of MediaNews Group, Inc. He owns dozens of newspapers -- most notably the Denver Post, but also the Los Angeles area newspaper chain where I got my start.

As a former employee of Mr. Singleton's Inland Valley Daily Bulletin and San Bernardino Sun, I feel it is my duty to tell him that one of his properties, the Web site LA.com, is atrocious. It vexes me every time I look at it. Here you have a domain name that anyone would envy, a site that could bolster Southern California revenues and help fund good journalism if only the content were halfway decent.

Instead the site is a hilarious parody of what clueless middle-aged media company vice-presidents imagine that young people want to read. As I write this, for example, the flash player on the front page is scrolling through 5 categories of content. The chosen categories: "Panini, sex, film, travel, sushi."

Panini?

Let's investigate further. Say you go to the site hoping to find a good Mexican restaurant in Santa Monica. Using the not-very-user-friendly search function, you execute a wide search -- show me every Mexican restaurant in the area! Apparently there are four Mexican restaurants to choose from in Santa Monica. How could I not return to LA.com next time I'm looking for someplace to dine?

The larger problem on the site is that every single thing it attempts to do is done much better by numerous other Web sites. Yeah, I could look at the photo gallery from a recent poker party at the Playboy mansion, but if I want to look at playmates (or poker players) why would I possibly go to LA.com?

Or consider the celebrity gossip section. The lead item is pegged to the series finale of The Gilmore Girls. It aired May 15, 2007. I am not making this up.

I'll not belabor the point. Browse the other sections yourself if you doubt that each one is laughably bad. I'd laugh too were it not for the fact that newsroom cuts are happening all over Southern California -- which is no surprise for a company that turns its most promising Web property into what LA.com currently is.

Given the size of the company, perhaps no one has pointed this out to Mr. Singleton before. Now there's no excuse not to do better. I had a great experience as an employee there. I sure do want the company to succeed. But I am less than optimistic about its prospects.

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