Bloomberg Media to Expand with Personal Finance Site
Axios: Bloomberg Media plans to launch Bloomberg Wealth, a new editorial vertical to help readers and viewers make smarter decisions about their personal finances, including divorce and moving. It will include data-backed tools designed to help readers navigate...
Reuters to Eye Workplace Reinvention in ‘Great Reboot’
Talking Biz News: Reuters has announced the launch of a new editorial vertical on the transformation and reimagining of the workplace that is being accelerated around the world by Covid-19. "The Great Reboot" will provide news and insights on the future of the...
Belo Faces Departure of Editor at Dallas Morning News
Dallas Morning News: Mike Wilson plans to step down at year-end as editor of the Dallas Morning News, ending a nearly six-year run where he guided the newsroom, from the shooting deaths of five Dallas police officers to a global pandemic. "I'm tired. My immediate plan...
Hearst Tries Larger Formats, Better Paper at Magazines
News & Tech: Hearst has launched Premium Print, an initiative that includes a multimillion-dollar investment across its portfolio of more than 25 magazine brands to further strengthen its position in the marketplace and enhance the quality of its print...
Conde Nast, Hearst ‘Celebrate Blackness’ in Magazines
Mr Magazine: "Magazines are celebrating blackness like they never have before. Some are asking if this is the new normal, while others are lamenting about what took magazines so long to discover people of color. Blacks appeared on covers in the past, but they were few...
Penske Media Launches Digital Store for Rolling Stone
WWD: Rolling Stone magazine has launched an online shop with two limited T-shirt collections. The first has been inspired by the magazine's covers throughout the decades. The second features Rolling Stone's three different logos. The apparel offering will likely grow...
Vox Media to Roll Out Self-Serve Ad Tool for Marketers
Adweek: Vox Media has launched a self-serve ad tool to create and submit campaigns, then track how they perform across properties included in the company's in-house ad marketplace, Concert. The new tool is another step Vox is taking to capitalize on its proprietary ad...
Time Magazine Nabs New Subscribers from TV Special
Axios: This year's "Time 100" event drove 10.14 billion media impressions in first 72 hours, driving revenue around the event to increase 71% year-over-year, says president Keith Grossman. The ABC prime-time broadcast special drove over 27,000 new subscriptions to...
Drudge Report Rumor of Investor Search Gets Denials
New York Post: Matt Drudge is the latest media figure rumored to be looking for a cash infusion in the form of a partial sale of his popular news website Drudge Report. The juicy tidbit bounced around this week from the financial world to the publishing...
Apple Engineers Unveil Custom Face Mask for Staffers
CNBC: Apple is known for its sleek, innovative designs and game-changing products. So it's fitting that Apple has developed its own version of a product that people around the world use daily: face masks. The custom face masks are intended for retail and corporate...
Alphabet’s YouTube Emerges as Critical News Source
VentureBeat: YouTube has become an important source of news for people in the US as independent and traditional media sources attract massive audiences on the video-sharing site. But the growing influence of the video platform also heightens concerns about its...
Fox Corp Moves News Channel Away from Legit News
Daily Beast: Staffers say the recent layoffs gutting Fox News fact-checking team were a victory for the network's right-wing opinion shows and further cemented its status as "state media." Associated Press: Chris Wallace is set to moderate the first 2020 presidential...
ViacomCBS Sees Shifts in Film Financing in Covid Era
Los Angeles Times: Hollywood studios have had to find new ways to release their movies and recoup investments during the pandemic. This has opened the floodgates for deals to sell movies to streamers and for rich individuals in the US and overseas to back film...
Disney Sells Fox’s Ad-Tech Company TrueX to Gimbal
Wall Street Journal: Disney has sold TrueX, an advertising-technology company it absorbed as part of its $71.3 billion acquisition of 21st Century Fox assets in 2019, to Gimbal, a company that provides location-based tech and ad services. Financial terms of the deal...
Verizon in Scramble to Offload Money-Losing HuffPost
New York Post: Verizon has been quietly scrambling to unload HuffPost as it grapples with continued losses at the left-leaning news and culture website. The telecom giant has approached multiple digital-media companies during the past few months in a bid to get the...
Lionsgate Launches Emmy Hit ‘Schitt’s’ in Syndication
Broadcasting & Cable: Coming off its record-setting Emmy haul of nine wins and a sweep of the comedy category, "Schitt’s Creek" is making its debut in broadcast syndication. The Canadian-produced show is cleared on Fox-owned stations in the country’s largest...
Comcast Faces Fuming US Soccer Fans Over Peacock
Mediaite: NBC Sports has made many English Premier League matches only available to those who pay a subscription fee for its streaming service, Peacock. "Fans are frustrated for a few reasons. For one, NBC is giving them an additional paywall that they might not have...
Netflix Price Hike Forecast to Arrive Without Pushback
Deadline: Netflix is likely to raise subscription prices in North America or Europe soon, but it won't likely suffer major backlash, in the view of one Wall Street analyst. An increase of $1 to $2 a month in North America or Europe could generate $500 million to $1...
iHeartMedia Kicks Off Sports Breaks from iHeartSports
SportsBusinessDaily: iHeartMedia has added regular sports breaks to its 500+ radio stations, most of which are not sports focused. The move is part of iHeartMedia’s launch of the iHeartSports Network on stations with formats that range from rock, country, hip hop,...
Verizon-Hearst’s Complex Helps Brands with Products
Business Insider: Complex Networks has parlayed its pop-culture sensibility into a business selling related products like hot sauce, skateboards and hoodies. Now it wants to apply that know-how to help brands develop products of their own with a new agency,...
Conde Nast Faces Ridicule from WFH Feature at Vogue
@TaylorLorenz: "Redefining" my "work from home style" by buying $756 ballet flats and a $675 bracelet ... Genuinely asking who is the target audience for articles like this? Are they just hoping for hate-reads? ... Especially when you consider the state of things...
New York Times’s Trump Story Gets ‘Muted Response’
Associated Press: The New York Times's bombshell report on President Trump's taxes has met a "muted response" in some areas of the US. It illustrates how hard it is for any news story — even a deeply reported one that penetrates the secrecy behind Trump’s finances —...
Washington Post Hires Creative Technologist for News
Talking Biz News: Lo Bénichou has been named creative technologist at the Washington Post, specializing in experimental storytelling. In this new role, Bénichou will be part of a team focused on new ways to incorporate emerging technologies, including 5G and spatial...
Reddit Opens London Operation Seeking Growth in UK
redditblog: Reddit has announced an expansion into the UK in an effort to bring community and belonging to more redditors and advertisers in the market. Home to Reddit's second largest user base and growing at nearly 70% in the past year, the UK is "core to our...
Wikipedia to Unveil First Substantial Website Redesign
CNN: For the first time in 10 years, one of the internet's most-widely used resource websites will be getting a substantial new look. "While Wikipedia's content has grown rapidly, our interface has not kept pace," says Olga Vasileva, a project manager at the Wikimedia...
Craigslist’s Craig Donates to Help Journalism Students
citybizlist: Howard University and Craig Newmark have announced that Craig Newmark Philanthropies is making a $2.5 million gift to support aspiring journalism students. "This gift will have a profound impact on our students, allowing them to focus on their studies and...
Defector Media Touts Employee Power to Dump Editor
Digiday: A group of 18 former Deadspin employees has launched Defector Media with a collective ownership structure. With a two-thirds majority, they have the power to vote out the site's editor-in chief. Like its predecessor, Defector Media focuses on sports and...
Old Media to Decline Amid Rise of Social, Report Says
WNIP: Covid-19 has accelerated secular shifts across the media and entertainment industry, according to a new report from the World Economic Forum and Accenture. The consumption gap between digital and traditional channels has...
Facebook Earns Few ‘Likes’ in Consumer Digital Trust
Business Insider: When it comes to protecting user personal information and providing a safe online environment, social network users in the US give lower marks to Facebook, TikTok, and Twitter. According to Insider Intelligence's annual US Digital Trust Survey,...
Alphabet to Block Election Ads After Nov 3 on Google
Axios: Google informed its advertisers Friday that it will broadly block election ads after polls close Nov. 3. Big Tech platforms have been under pressure to address how their ad policies will handle conflicts over the presidential election's...