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Hearst Acquires Online Auction Platform for Auto Brands

Autoweek: Hearst has acquired Bring a Trailer, a digital auction platform and auto enthusiast community. "At its core, Bring a Trailer is about curation, which is what our brands have always been about," said Hearst magazines head Troy Young. Hearst titles include Car...

News Corp Absent in Google’s New Plan to Pay for News

Digiday: Google's initial deals to pay for news are with media groups in three countries: Australia, Germany and Brazil. Industry experts note it's a strange trio of debuts. Absent is Rupert Murdoch's News Corp, which is heavily negotiating directly in...

Analysis: Right-Wing Media Misleads on Pandemic Info

Washington Post: Three studies have focused on conservative media’s role in fostering confusion about the seriousness of the coronavirus. Taken together, they paint a picture of a media ecosystem that amplifies misinformation and entertains conspiracy...

Goop, from Gwyneth Paltrow, Cancels Cruise Over Covid

WWD: Voyagers paying thousands of dollars to mingle with actress turned lifestyle guru Gwyneth Paltrow on the high seas have had their vacation plans hampered by the coronavirus. Paltrow had partnered with Celebrity Cruises to launch Goop at...

Barnes & Noble Lays Off Staffers at New York Head Office

Wall Street Journal: Barnes & Noble said it has laid off a number of employees at its New York head office, a move the bookseller said was an effort to mitigate the economic impact of the coronavirus pandemic. B&N declined to provide specific numbers about the...

Bloomberg Media CEO Talks Up Big Plans for QuickTake

Nieman Lab: Bloomberg Media's Justin Smith is investing in QuickTake, with a staffing up to 100, and big plans for fall. "Starting in September, we're creating full streaming programming with anchors and shows and new series. We're going to be unveiling a whole slate...

Dennis Publishing Thinks Mobile in Redesign of Kiplinger

MediaPost: Personal finance website Kiplinger has relaunched with a mobile-first approach. The brand based its new look on the change in usage and traffic patterns it's seen across its digital property, with the majority of its visitors coming to the site from mobile...

Meredith Veteran Leads Financial Site in Tie-In with Time

MediaPost: Time has revealed the details behind its partnership with Red Ventures to launch a new finance website called NextAdvisor. The site will be led by former Money editor in chief Adam Auriemma, editorial director John Puterbaugh and contributing editor...

McClatchy’s Creditors Seek to Bring Claims Against CEO

McClatchy DC: McClatchy creditors have filed a motion that seeks to expose the company’s board, its CEO and chief counsel and some former senior leaders to civil claims, adding a new complication just days before a scheduled auction of the bankrupt local news...

News Corp Presents New Ad Products from WSJ-Barron’s

MediaPost: The Wall Street Journal-Barron’s Group launched a new suite of ad products called The Exchange, at its virtual NewFront presentation. The Exchange combines ad tech, first-party targeting and native publishing tools “in a brand safe and contextual...

New York Times Confronts Yet Another Internal Squabble

Daily Beast: New York Times employees are at odds over another sensitive editorial decision, marking the latest flare-up within the paper of record. A blogger said he was shutting down his widely read site over a forthcoming story in the Times that would share his...

Los Angeles Times Top Editor Won’t Resign Amid Outcry

The Wrap: Norman Pearlstine asserted during an epic town hall meeting that he would not resign despite mounting criticism leveled against the Los Angeles Times's top management over failures to address the lack of recruitment and retention of Black...

Analysis: Covid Rips a Hole in US News Business Models

Financial Times: At least 38,000 US news workers are estimated to have been furloughed, laid off or taken pay cuts since March. "We got the crap kicked out of us," said Ben Lerer, CEO of Group Nine Media. "This sucks. Let's not sugar coat it. I'm trying to make...



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