News Corp Brings Wall Street Journal House Back to Davos
Adweek: The Journal House —the Wall Street Journal’s big experiential marketing play — is returning to the World Economic Forum’s annual meeting. This marks the second year the outlet has brought its traveling show to the global elite...
Tribune Newspaper Employees Call for New Owner in Op-Ed
New York Times: Journalists David Jackson and Gary Marx worry in an op-ed that Alden Global Capital, which holds a big stake in their newspaper will impose draconian cuts. The writers are reporters at the Chicago...
Hearst to Raise Stakes, Or Lower the Bar, at Harper’s Bazaar
New York Times: Harper’s Bazaar changed during Glenda Bailey’s tenure, as she shepherded the magazine into the era of Instagram. Bailey made the magazine more accessible, with pages that were consistently...
Conde Nast Opens Permanent Wired Store at Newark Airport
Digiday: Wired is officially setting up shop at Newark Liberty International Airport, with a permanent Wired Store. Like previous pop-up iterations of the Wired Store, the Newark venue will carry curated...
Bonnier Eyes New Revenue in Toy Line from Popular Science
Digiday: Popular Science is launching a line of toys as parent company Bonnier aims to build its licensing business. The line of 12 to 15 toys will highlight topics found in Popular Science’s coverage and involve scientific...
The Economist Launches Newsletter, Podcast for US Election
FIPP: The Economist announced that it is expanding coverage ahead of the US presidential election by launching a 2020 newsletter and podcast called “Checks and Balance." Both will be accompanied by a marketing...
Bustle Digital Hires Amazon Expat to Oversee Flagship Redo
Variety: Bustle Digital Group tapped Karen Hibbert, most recently senior art director at Amazon Fashion, as VP of creative for the lifestyle group — and her first big task is overseeing the redesign of the company’s flagship Bustle...
G/O Media Courts Nemesis in Hunt for New Editorial Director
Daily Beast: More than two months after its top editorial boss abruptly quit, G/O Media is desperate to find a replacement — going as far as to recruit a former nemesis of the company’s flagship...
Group Nine Expects 15,000 Attendees for Event by PopSugar
WWD: PopSugar is bringing its annual festival Play/Ground back for a third year, and the business of the event is starting to take shape. The event goes live in June with at least 15,000 attendees...
ViacomCBS CEO Begins Slashing Jobs in Post-Merger Layoffs
Fox Business: ViacomCBS kicked off post-merger layoffs this week, in advertising, distribution and sales, reports Charlie Gasparino of Fox Business. “Probably in the next six months or so we’re talking hundreds of cuts; longer term, much more than...
Disney Heiress: Company Workers at Risk of a ‘Death Spiral’
MarketWatch: Abigail Disney is supporting a bill in California that would increases taxes on companies depending on the gap between their highest paid execs and the rest of the workforce. "At the happiest place on Earth, they are paid so poorly that they rely on food...
iHeartMedia Rehires Laid Off Staffers in Iowa After Backlash
WHO-TV: KXNO in Des Moines re-hired all six of the on-air employees who were released this week amid widespread layoffs by radio-station owner iHeartMedia. Station manager Joel McCrea says he noticed an angry reaction to the layoffs from thousands of listeners in...
Comcast Plans Free, Pay Options for New Streamer Peacock
CNBC: NBCUniversal unveiled its Peacock streaming service to investors Thursday, highlighted by a free-for-all version that stands out in an increasingly crowded online video market. It launches in the U.S. on July...
Discovery Says Magnolia Cable Network to Debut in October
Associated Press: Chip and Joanna Gaines’ new Magnolia cable network will debut Oct. 4, with a dozen shows currently in production. It’s a joint venture with Discovery, whose president told a TV critics meeting that the “Fixer Upper” couple will appear in multiple...
Fox Turns to TMZ to Produce TV Special on Megxit Scandal
Fox Business: Meghan Markle, the former co-star of "Suits," will be back on television sooner than she might have expected. Fox will air a one-hour special about the Duke and Duchess of Sussex called “Harry and Meghan: The Royals in...
DAZN Hopes for Boxing Match with Football, YouTube Stars
TMZ: Antonio Brown and Logan Paul are in serious negotiations with DAZN and Matchroom Boxing to put on a fight in April. Brown is still not under contract with an NFL team -- and Paul is looking for another high-profile fight after the KSI...
Netflix Offers ‘Netflix & Chill’d’ Ice Cream with Ben & Jerry’s
CNET: The expression "Netflix and Chill," a term that's become a cover phrase for getting romantic with a companion, is a couple of years old. But this week, Ben & Jerry's announced that it's partnered up with the streaming service to introduce a related ice...
Alphabet Joins Apple, Microsoft in $1 Trillion Valuation Club
Bloomberg: Alphabet hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of tech and internet stocks as the biggest titans of Wall Street. With the gain, Alphabet became the newest...
Google’s YouTube Runs Brand Ads on Misinformation Videos
NBC News: Greenpeace is not happy that its advertisements were found on YouTube videos featuring climate change denialism and misinformation. The environmental nonprofit called on YouTube to make changes to how it handles...
Twitter Apologies for Ads Targeting Neo-Nazis, Hate Groups
BBC News: Twitter has apologized for allowing advertisements to be micro-targeted at certain users such as neo-Nazis, homophobes and other hate groups. An investigation found it possible to target users who had shown an interest in keywords including "white...
Facebook Retreats from New Effort to Sell Ads in WhatsApp
Wall Street Journal: Facebook is backing away from efforts to sell ads in WhatsApp, in a retreat from a controversial plan that drove the creators of the popular messaging service to resign more than 18 months ago. WhatsApp has disbanded a team to integrate...
News Corp, Conde Nast Talk in Ongoing US Probe of Google
Bloomberg Law: The U.S. Justice Department is meeting with large publishing companies to seek information about how Google operates in the digital advertising market The agency has already contacted News Corp., Conde Nast and the New York...
Barnes & Noble Sees Magazines Becoming Luxury Products
Mr Magazine: "The evolution that has already started to take place within publishing will continue," says Krifka Steffey, the director of merchandising for the newsstand at Barnes and Noble. "And that evolution is moving, certainly, toward magazines becoming more of...
Hearst to Eye Contenders for New Editor of Harper’s Bazaar
WWD: With the news of Glenda Bailey’s departure from Harper’s Bazaar after just shy of 20 years as editor in chief, three names have been mentioned as among those most likely to be her successor. Kristina O’Neill is one, Stella Bugbee is another, as is Joyann...
Conde Nast Hires Staffers for Media Reporting at Vanity Fair
Axios: Michael Calderone is joining Vanity Fair as senior editor of The Hive, a franchise within the company that focuses on covering business, technology and media. Calderone comes from Politico, where he is currently senior media...
Valence Media Sells Off Music Publications Spin, Stereogum
Digital Music News: Billboard parent company Valence Media is suddenly selling off Spin and Stereogum. The move comes just three years after acquiring both music publications. Spin is going to Next Management Partners, a private equity...
A Starting Point Political Website Coming from Chris Evans
Wired: Chris Evans, the actor best known for his role as Captain America, plans to launch A Starting Point, a website aiming to “create informed, responsible and empathetic citizens.” At the very least, Evans hopes to “get more people involved” in...
Comcast’s Peacock to Look More Like Cable TV Than Netflix
The Information: On Thursday, Comcast’s NBCUniversal becomes the fourth company in less than a year to unveil a video-streaming service to compete with Netflix. But NBCU is taking a very different approach to its service, Peacock, than Disney, Apple and WarnerMedia,...
Netflix Denies Accusation of Moving Money Into Tax Havens
Deadline: Netflix has been accused of funneling as much as $430 million of its international profits into tax havens, while at the same time receiving more than $1 million in tax relief in the UK. A report by British think-tank Tax Watch said that “Netflix has...
AT&T’s HBO Max ‘Friends’ Reunion Hits Pause Over Money
Deadline: The "Friends" cast months ago started talks for an unscripted reunion special on the upcoming streaming platform HBO Max. The negotiations recently came to a standstill, with the cast and producing studio Warner Bros. TV far apart on...