Edelman Switches Sides, Joins the 'Paid Content' Team
In a sign of the (changing) times, yesterday saw Richard Edelman, president and CEO of Edelman PR, perform something of an about-face on an issue crucial to our industry’s ongoing “PR vs. Advertising” debate. In a blog post on the firm’s site, Edelman declared his newfound (if somewhat grudging) support for “paid” media/content as a valuable element of the PR arsenal.
Why did he change his mind? What led him to accept the idea that PR professionals must simultaneously pitch and create content? In short, promotional trends like sponsored stories and native advertising have changed the media game as companies scramble to develop new revenue streams to replace the dwindling profits of traditional advertising sales.
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