Picture this cartoon which appeared in the Harvard Business Review: The scene is a company’s annual shareholders meeting. Two executives are seated at a table at the front of an auditorium. A line of shareholders is forming at the microphone for the Q&A portion of the meeting. One executive turns to the other and says, “This is the part of capitalism I hate.”
This past September, The New York Times said it would no longer permit the increasingly common journalistic practice called “quote approval.” The practice gives news sources greater control over what quotes from interviews can be used in an article.