For example, a news report about your organization is published in a local newspaper, involving a space totaling 21 column inches including headline, story and photo. How can you evaluate this report? Using the advertisement. So the publicity is said to be worth exactly $3465.
That's a neat way to put a dollar figure on a news story, costing it out as if were an ad. But that "as if" causes a big problem. A news story isn't an advertisement, so the dollar figure is meaningless. Why/ Audiences know the difference between news and advertising, and they treat the two information vehicles differently. Generally news stories are far more credible than are advertisements. so how much extra should you add for credibility