Axel Springer Appoints New Editor at Business Insider
Talking Biz News: Matt Turner has been named editor in chief of Business Insider, joining Alyson Shontell in that position. They will oversee different parts of the operation as BI plans to nearly double the size of its newsroom in a year. "Our plans for next year are...
News Corp Enjoys Visitor Uptick at Aggregator Knewz
Axios: In 2019, News Corp. launched its own news aggregation service called Knewz. Sources familiar with the effort say it was never intended to be a market threat to Big Tech platforms, but rather putting into reality something the company wanted to invest in as a...
New York Times Unveils Its Endorsement for President
New York Post: The New York Times has endorsed Democratic nominee Joe Biden for president, billing him as an experienced politician with the “entire nation’s interests at heart.” The Grey Lady backed Biden as the leader willing to grapple with a “trifecta of crises:”...
Gannett Bureau Chief All Ready to Moderate VP Debate
USA Today: Susan Page, USA Today's Washington Bureau chief, will moderate the only face-off between Mike Pence and Kamala Harris. "I’ve tried to really think through what would be an approach that would work to keep the debate on...
Bonnier to Sell Major Magazines in Exit from US Media
Wall Street Journal: Bonnier has agreed to sell seven of its best-known American titles, including Saveur, Popular Science and Field & Stream, to a venture equity group. The deal comes as Bonnier’s parent company in Stockholm has been moving to exit the U.S. media...
Hearst’s Elle Places Kamala Harris on November Cover
Daily News: Kamala Harris is the cover star of the November issue of Elle, the magazine announced Tuesday — just four weeks before the Nov. 3 election, and a day before the much-anticipated vice-presidential debate in Salt Lake...
Conde Nast to Lose Digital Video Star from Bon Appétit
Variety: Pastry chef and online personality Claire Saffitz has announced that she is no longer working with Bon Appétit magazine. Saffitz, who became an internet sensation as the host of the “Gourmet Makes” series on Bon Appétit’s YouTube channel, says: “I’m going to...
Vox Media Says Editor in Chief to Step Down at The Cut
WWD: Stella Bugbee is stepping down as SVP and editor in chief of The Cut, the fashion vertical of New York Magazine, to become editor-at-large at the latter. In her new role, she will focus on journalism projects that span both print and digital; develop a new...
AT&T’s WarnerMedia Delays More Blockbuster Movies
CNBC: On Monday, "The Batman" was postponed until 2022 after "Dune" was pushed to 2021 and more than 500 Cineworld theaters were closed. It is likely that more studios will push their films and that more cinemas will be forced to close or alter operations. "If...
Disney Says Florida Parks to Lose One Quarter of Staff
Associated Press: At least a quarter of the 28,000 layoffs planned for Disney's parks division will come from Florida, according to a letter the company filed with state and local officials. The letter said that at least 6,390 nonunion Disney employees in Florida will...
Fox Corp News Pundits Say Coronavirus is Like the Flu
Mediaite: Fox News contributor Sara Carter compared the coronavirus to the flu and argued the Americans "have got to continue to live life." @ShaneGoldmacher: Brit Hume says on Fox News that the virus "almost certainly isn't going to kill you."...
Comcast’s NBCU Taps Head of TV, Streaming Content
New York Times: As part of a restructuring, NBCUniversal has named Susan Rovner as its chairman of entertainment content, a job that gives her creative control over the company's TV and streaming properties. The appointment is yet another move in a monthslong...
Liberty Media Makes Investment in Auto Racing Team
Motor Sport: Meyer Shank Racing says that Liberty Media has made a minority equity investment in the Ohio-based team, which is attributed to the Formula One Group. MSR became a full-time one-car IndyCar team this year after gradually building up its number of outings...
Facebook Tests Shopping on Instagram Video Service
CNBC: Facebook-owned Instagram will start testing shopping through its short-form video feature Reels later this year in an effort to monetize the recently launched TikTok clone. Instagram will also add shopping to its IGTV, where users can watch longer...
Amazon’s Audible in Podcast Deal with Conan O’Brien
Hollywood Reporter: Conan O'Brien's Team Coco has inked a first-look audio development and production deal with Audible. The pact encompasses scripted and unscripted projects and will also include non-fiction documentaries. Kicking off the multi-project relationship...
Verizon Faces Big Challenges in Effort to Sell HuffPost
Ad Age: When's the best time to sell a high-profile media property? Well, probably not during a pandemic-induced recession. And also maybe not amid the systemic, long-term decline in publishing — a sector that was challenging even pre-Covid. And also probably not when...
WWE Adds Barstool Sports CEO to Board of Directors
Broadcasting & Cable: WWE has elected Erika Nardini, CEO of Barstool Sports, to its board of directors. Nardini became Barstool Sports' first CEO in 2016. Before joining Barstool, Nardina held posts at Microsoft, AOL, Demand Media and...
Craigslist Quietly Adds Fees in Three Major US Markets
AIM Group: Craigslist has quietly changed its fees for apartment rentals, adding new charges in Boston and Chicago and significantly expanding them throughout the New York metropolitan area. At the same time, it also cut the fee for posting apartments in New York from...
News Corp CEO, Chief See Pay Dip in Nod to Pandemic
Hollywood Reporter: Rupert Murdoch's pay for his role as executive chairman of News Corp amounted to $3.35 million for the fiscal year that ended in June, compared with $5 million in the previous year. CEO Robert Thomson's pay amounted to $12 million, compared with...
New York Times Reporter Talks About Covid Diagnosis
CNN: Michael Shear of the New York Times, one of the White House reporters who has come down with coronavirus, is pretty sure he was infected on the day President Trump announced his pick for the Supreme Court. "Nobody from the White House has said 'boo' and asked...
Los Angeles Times to Begin Search for New Top Editor
Los Angeles Times: Norman Pearlstine says he will soon step down as executive editor of the Los Angeles Times and that the paper is launching a search for a new top editor to chart a digital future and unite a newsroom that has been torn by controversies. Pearlstine...
Hearst Expat Plans Silicon Valley Drama for Television
Deadline: ABC has given a production commitment to "Valley of the Gods," a new drama from a producer group including Joanna Coles, the former chief content officer of Hearst Magazines. Coles joined Hearst in 2006 as editor-in-chief of Marie Claire and was named...
Conde Nast Agrees on Clause with Union at New Yorker
WWD: The New Yorker Union and the magazine's owner Conde Nast reached an agreement over a "just cause" clause in the union's contract following 35 hours of negotiation. Unionized staffers at The New Yorker have been negotiating for more than a year for a "just cause"...
Meredith in Trouble After ‘Overachieving’ in Magazines
Poynter: Meredith was for years the under-the-radar magazine company from Des Moines that financially outperformed its flashier New-York based rivals. That relatively low profile changed three years ago when Meredith acquired Time Inc. and its cluster of famous legacy...
American Media to Shutter More Enthusiast Magazines
Adventure Journal: The magazines Bike, Powder, Snowboarder, and Surfer are being shut down by owner A360 Media, née American Media, which also owns Men’s Journal. This includes both print and digital products for Bike, Powder, and Surfer, and print for...
Fortune Magazine Top Editor to Depart for Several Gigs
Medium: "After 19 glorious, rewarding, life-changing years, I am leaving Fortune," writes Adam Lashinsky. "I am pleased to tell you I’ll have a lot going on in my post-Fortune life. For starters, I am becoming editor in chief of World 50, an organization that builds...
Alphabet, Facebook, Twitter to Testify Before Congress
CNBC: Sundar Pichai, Mark Zuckerberg and Jack Dorsey have agreed to testify virtually before the Senate Commerce committee on Oct. 28. The CEOs will testify on Section 230 of the Communications Decency Act, which protects tech companies from liability over the content...
Facebook, Twitter, TikTok Ban Death Wishes for Trump
CBS News: Following President Trump's positive Covid-19 diagnosis, social media companies have voiced a clear message: Any content that wishes for the death of anyone, including the president, will be removed. Facebook, Twitter and TikTok have all announced that posts...
Disney-ABC News Staffers in Quarantine After Debate
Variety: ABC News staffers who came in contact with former New Jersey Governor Chris Christie when he served as an analyst for the first presidential debate last week will have to quarantine for two weeks after Christie acknowledged Saturday that he had tested...
Fox Corp CEO Potentially Exposed to Covid at Debate
New York Times: A son of Rupert Murdoch and some of the biggest stars at Fox News were potentially exposed to the coronavirus after attending Tuesday's presidential debate in Cleveland, and the network is planning for its anchors, reporters and staff to be tested out...