Comment: The relationship between news and underwriters
Marketplace's policy, when an underwriter is the subject of a news report, has been to acknowledge that relationship on-air. We are reconsidering the policy, for this reason: There is no communication between Marketplace's underwriters and Marketplace's newsroom. There is no opportunity for an underwriter to try to influence news reports; a story involving an underwriter is reported in the same way as any other story. And credits throughout each show already identify Marketplace's sponsors that day.
Not everyone agrees. This week several listeners complained when Marketplace aired a report on genetically-modified crops and did not include an acknowledgment that Monsanto, the leading manufacturer of genetically-modified seeds, is an underwriter (A credit identifying Monsanto as a sponsor that day did air during the show).
So we'd like to ask you, as people who rely on Marketplace for news about business and the economy: What do you think? Are these acknowledgments useful? Are they necessary? Or do listeners understand, and are they comfortable with, the "wall" that stands between the business side of news organizations and their newsrooms? Newspapers, for example, rarely acknowledge advertising relationships when they report on an advertiser.
Marketplace, like most public radio programs, has many underwriters. So this question starts with a report involving Monsanto, but applies to a wide range of businesses. Thanks for your thoughts on this.
Update: If the subject of a report is an underwriter of our show, we will mention it on air and on our website.