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Fox Corp Expat Murdoch in Line for Big Payday from Tesla

This Is Money: James Murdoch is in line for a near-£50 million payday at Tesla, joining directors who have made a fortune as the electric car pioneer has become the world's most valuable car company. The stock market value of Tesla last week overtook Toyota to hit a...

Pinterest Tests New Revenue-Share Model with Publishers

Digiday: Pinterest is testing a new advertising model, splitting revenue derived from a unique co-sales arrangement with publishers that will heavily feature video ads. But unlike previous video campaigns on the platform, high performing publishers will be creating...

Gannett Faces $500 Million Lawsuit Over Covid Test Story

Law360: Vivera Pharmaceuticals has hit Gannett, several execs and four USA Today reporters with a defamation lawsuit, alleging it has suffered over $500 million in damages because of a story that criticized its Covid-19 antibody tests and detailed its CEO's past...

Penske Media Sends Variety Leader to Diversity Specialist

Variety: Variety editor Claudia Eller took a voluntary leave after a terse social media exchange with a freelance reporter about newsroom diversity. A rep for Variety says Eller, who has led Variety's editorial operations since 2013, is "working with a diversity...

Vox Media, BuzzFeed Eye Opportunities in Sales of Sex Toys

Digiday: Online sales of sex toys have, well, risen during the coronavirus lockdowns. BuzzFeed and The Strategist have seen their own conversions on this product category increase during the pandemic. BuzzFeed is now considering launching a destination to find sex toy...

Air Mail Editors Look Back a Year After Newsletter Launch

Air Mail: "Even in these gloomy economic times, subscriptions continue to grow, our sponsors remain on board, and readers write in to express pleasure and delight," write Air Mail newsletter editors Graydon Carter and Alessandra Stanley. "Mostly, it turns out, they...

ViacomCBS Publisher Beats Bid to Squelch Trump Tell-All

New York Times: A New York appellate judge has ruled that Simon & Schuster could go ahead with its plans to release a tell-all book by Mary Trump, the niece of President Trump, reversing a lower court's decision from this week that had temporarily halted...

Disney-ABC ‘20/20’ News Legend Hugh Downs Dies at 99

Associated Press: Hugh Downs, the genial, versatile broadcaster who became one of television’s most familiar and welcome faces with more than 15,000 hours on news, game and talk shows, has died at age 99. Downs died of natural causes at his home in Scottsdale,...

Chernin’s Barstool Sports Teases N-Word in New Podcast

New York Post: Barstool Sports is airing an episode of its podcast “2Biggs” with a title that spells out the N-word. The installment, titled "Barstool N - - - - R (Now It’s Gonna Get Extremely Real) feat. the Minority Report," was announced on the podcast’s Twitter...

McClatchy Hopes for Multiple Bidders as Deadline Passes

Wall Street Journal: McClatchy expects to get multiple offers for its business, a lawyer for the company said, setting up a pivotal month that will likely determine the future of one of the nation’s largest newspaper publishers after it filed for bankruptcy earlier...

News Corp Fails to Quash Libel Lawsuit from Johnny Depp

Associated Press: A British judge rejected an attempt by tabloid newspaper The Sun to quash a libel suit from actor Johnny Depp over an article claiming he abused ex-wife Amber Heard. Depp is suing The Sun’s publisher and top editor Dan Wootton over a 2018 article...

New York Times Reporter in Fracas with Tech Millionaires

Screen Rant: An online war of words erupted involving New York Times tech reporter Taylor Lorenz, tech founder Balaji Srinivasan and the Clubhouse app. The complicated story presents a sobering look at the impact social media has had on modern journalistic practices....

Reuters to Put Up Subscription Paywall for Certain Articles

The Information: Reuters plans to place many of its articles behind a subscription paywall, the news service told employees. Reuters would become one of the last free news services to adopt a subscription business model, a sign of how much the news industry has...

Vice Media’s Refinery29 Chief Resigns Amid Internal Probe

CNN: Amy Emmerich, global president and chief content officer of Refinery29, announced that she is stepping down from her position. Her resignation comes amid an internal investigation into allegations of toxic workplace behavior at the female-centric...



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