Originally published April 2014. Updated September 29, 2026.
In July 2013, Edelman's then Chief Content Strategist Steve Rubel published a research report diagnosing the collapse of paid, owned, and earned media into one converging category, and that diagnosis still holds more than a decade later. The report offered no clean prescription, only an honest read: brands were producing journalism, publishers were producing branded content, and the industry's existing vocabulary no longer fit what was happening.
What did Edelman's 2013 sponsored content report actually say?
Rubel's framing was direct. Brands were producing journalism. Publishers were producing branded content. The buyer side and sell side of media were running together, and sponsored content was only the visible edge of a structural shift: the media business losing its ad revenue base, with brand-funded content moving in to fill the gap.
The report, sometimes referenced as part of Edelman's broader "Media Cloverleaf" research stream, did not resolve the question. It said, in effect, that the firm was still working through it. For the world's largest independent PR firm to publish research that ended on an open question was an unusual move, and an honest one.





