What’s the new national obsession? Here’s a hint: The New York Times reports “The celebrity Web site TMZ and TV shows like ‘Extra’ and “Inside Edition” are expanding their coverage of starlets and Hollywood break-ups to include billion-dollar business scandals and the economic collapse.” In addition to picking over the Madoff case, the tabloid media has covered stories like a bailed-out bank in California that spent millions on parties and golf tournaments. The mainstream news, meanwhile, has assigned full-time reporters to thinks like “tracking the private jets, lavish junkets and other trappings of what the ABC correspondent Brian Ross calls ‘corporate royalty.’”
Read it at The New York Times
