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Paul Sweeting

Paul Sweeting

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The Media Wonk was created by Paul Sweeting, a journalist and analyst who has been covering the intersecting worlds of media, entertainment, technology and public policy for more than 15 years. The original Media Wonk blog appeared on Content Agenda, a web site owned by Reed Business Information, publisher of Daily Variety, Broadcasting & Cable, Video Business, Publishers Weekly and other media-related properties. After Content Agenda was shut down by Reed, The Media Wonk soldiered on alone. The project of this blog is to examine the impact of digital technology on the way cultural products are created, communicated and perceived, both in commercial terms as as a cultural and political phenomenon. Given my background as a journalist, I come to the issue with no particular axe to grind, but with an abiding fascination with the subject. The Media Wonk is based in Washington, DC, but I have lived and worked in New York and Los Angeles as well, and I’m intimately familiar with the world–and worldview–of the bi-coastal media/industrial complex.

Hard times for tech stocks continue on Wall Street. Facebook shares reached new record lows in midday trading as the post-IPO lockup period came to an end today, allowing insiders to… Read more »

The Facebook-Zynga relationship has become deeply unhealthy. Shares of Zynga were falling through the floor in mid-morning trading today after it posted disastrous second-quarter earnings Wednesday. The online game developer was hit… Read more »

I’ll be traveling Wednesday, so link posting will be light. On Tuesday, Zynga held its Unleashed event in San Francisco where it unveiled a new cross-platform platform called Zynga With Friends that will… Read more »

Facebook insiders will become fabulously wealthy when the stock finally starts trading publicly in  a few months, but for now the biggest winners may be Zynga shareholders. Shares of the social… Read more »

Another IPO, another debate over the proper valuation of technology stocks. Zynga goes out today at $10, the top-end of its expected range, valuing the company at $8.9 billion. While the… Read more »

IPO fever seems to be back in Silicon Valley. On Thursday, wiki-review site Yelp filed to go public. It’s hoping to raise $100 million. Another online review site, Angie’s List, raised… Read more »