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Newmark Group, Inc (NMRK) Q4 2020 Earnings Call Transcript

Operator Good morning. My name is Matt and I will be the conference operator today. At this time, I would like to welcome everyone to the Newmark Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the call over to Jason Harbes, VP of Investor Relations. Sir, you may begin when you re ready. Jason Harbes Head of Investor Relations Thank you and good morning. We issued our fourth quarter and full year 2020 financial results press release and a presentation summarizing these results this morning. The results provided on today s call compare only the fourth quarter of 2020 with the year earlier period unless otherwise stated. Any figures with respect to cash flow from operations discussed on today s call refer to net cash provided by operating activities excluding loan originations and sales. We will be referring to our results on this call only on an adjusted earnings basis unless otherwise sta

Journalism Industry Grapples With Rebuilding The Crime Beat

The Boston Globe is rethinking its approach to the crime beat. Their newly-introduced Fresh Start initiative allows subjects of crime stories to ask the newspaper to be removed from past coverage in online articles. A few paragraphs and a mugshot on the internet can mean losing a job or being refused a loan. It can also have lasting consequences that disproportionately impact communities of color. After last year s racial reckoning across the country, journalists nationwide have been questioning the crime beat, including Mike Rispoli, news voices director of the Free Press. In December, Rispoli and his colleague Tauhid Chappell co-wrote a Nieman Lab 2021 prediction for journalism calling on newsrooms to defund the crime beat.

Is unpublishing old crime stories Orwellian or empathetic? The Boston Globe is offering past story subjects a fresh start » Nieman Journalism Lab

October 18, 2018In 2018, we told you about how The Plain Dealer in Cleveland1 was rethinking its practices: reducing its use of mugshots, not naming those arrested for minor crimes, and allowing people to request their information be removed from old stories in some cases. And now the movement is gathering speed. On Friday, The Boston Globe announced a new program called “Fresh Start: Revisiting the Past for a Better Future”: Following the nationwide reckoning on racial justice, the Globe is looking inward at its own practices and how they have affected communities of color. As we update how we cover the news, we are also working to better understand how some stories can have a lasting negative impact on someone’s ability to move forward with their lives.

What people fighting for change today can learn from MLK s use of media

WHYY By Dr. Martin Luther King Jr. was a master orator, and an iconic presence on TV and radio. “He turned out the press … because he was magnetic,” said Michael Days, veteran editor and former vice president for diversity and inclusion at the Philadelphia Media Network. “(King) was kind to the camera, the camera was kind to him, and he believed in, his movement believed in doing much of their work … in the light of day.” King understood how powerful radio was for the civil rights movement, said Sara Lomax-Reese, president and CEO of WURD Radio, the only African-American owned talk radio station in Pennsylvania. Lomax-Reese pointed to a speech King gave to the National Association of TV and Radio Announcers in 1967 where he said “for better or for worse, you are opinion-makers in the community and it is important that you remain aware of the power which is potential in your vocation.”

News Reporting On Crime Isn t Racist, It s Essential

December 18, 2020 Among the many things 2020 has helped clarify is that journalism, particularly the journalism practiced by the corporate media, is in bad shape. From the media’s coverage of impeachment (remember that?), to the presidential election, to the pandemic and the riots and everything else, it has become painfully obvious that the establishment press isn’t interested in journalism as such, but in woke political activism and race hustling. So no wonder the very smart journalists at Harvard’s Nieman Lab want to “defund the crime beat” because reporting on crime is apparently now racist. That’s the gist of a recent piece published as part of Nieman’s series on “predictions for journalism 2021.” It’s not so much a prediction as a shoddy argument, though, and it opens with the blanket claim that “Crime coverage is terrible.”

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