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Reddit Steps Toward IPO by Naming Financial Chief

Bloomberg: Reddit, one of the world's most popular internet forums, appointed Drew Vollero as its first chief financial officer, taking a step closer toward an initial public offering. Vollero led Snap's IPO preparations when he served as CFO at the social media...

Conde Nast Taps Axios Reporter to Edit Teen Vogue

New York Times: Alexi McCammond, a political reporter at Axios, will be the next editor in chief of Teen Vogue. McCammond, 27, made her name covering the 2018 midterm elections and Joe Biden's presidential campaign for Axios, a site known for its punchy Beltway...

Hearst, Conde Magazine Industry Veteran Dies at 68

WWD: Former longtime Departures editor Richard David Story died Friday in New York City at age 68. A consummate media insider, Story spent his career orbiting through some of the more influential magazines. In addition to his tenure at Departures, Story worked at...

Advance Newspaper Ex-Editor Newhouse Dies at 65

New York Times: David Newhouse, a member of a powerful publishing family, drove his Pennsylvania newspaper's Pulitzer Prize-winning coverage of the child sex abuse scandal at Penn State. Newhouse died on Wednesday at a hospital in Hanover, N.H. He was...

News Corp British Tabloid Live Blogs Oprah Interview

The Sun: "Meghan Markle and Prince Harry's bombshell interview with Oprah Winfrey aired on US TV. In a sensational 'nothing off limits' conversation with America's biggest celebrity interviewer, the couple revealed explosive inside information about the Royal Family...

New York Times Columnist Steps Away from Institute

BuzzFeed News: David Brooks has resigned from his position at the Aspen Institute following a report about conflicts of interest between the star New York Times columnist and funders of a program he led for the think tank. "The current Opinion editors were unaware of...

Chicago Star Debuts as Uplifting Monthly Newspaper

Robert Feder: The Chicago Star has launched as a subscription-based monthly publication with a focus on "uplifting news." With an initial distribution of 30,000, it's a combination and expansion of former hyperlocal monthlies New Eastside News and Streeterville News,...

Drunken Canal Newspaper Among NYC ‘Quaranzines’

New York Times: The Drunken Canal is one of a handful of downtown New York media projects that have been sprouting in reaction to the dominance of giant online media. GQ: A new crop of small printed magazines are the cool alternative to starting a...

Facebook Finds Homeless Outside Its Headquarters

Los Angeles Times: Across the street from Facebook's headquarters, dozens of unsheltered people have made their home on a 60-acre plot of grassy land they shared with foxes, coyotes and other Silicon Valley wildlife. The encampment has existed for years, but started...

Google Eyes Lifting Trump’s Suspension on YouTube

Reuters: YouTube will lift its suspension on Donald Trump's channel when it determines the risk of real-world violence has decreased, said company CEO Susan Wojcicki. YouTube suspended Trump's channel for violating policies against inciting violence after the assault...

Amazon Seeks $1 Billion Rights Deal for NFL Games

CNBC: Amazon wants to be the NFL's exclusive producer of Thursday games starting in 2023, but the league may decide to keep certain games on the NFL Network and take less money from Amazon. Amazon is in talks with the league to pay about $1 billion for an entire...

ViacomCBS Shares Get a Big Spike from Paramount+

Bloomberg: ViacomCBS shares hit an all-time high Thursday morning after the launch of its rebranded flagship streaming service Paramount+, the company's relatively late attempt to prove it can compete with more-established players. The shares were up as much as 2.4%...

AT&T WarnerMedia CEO Sorry for Pandemic Remark

Mediaite: Jason Kilar told attendees at a virtual tech conference that the coronavirus pandemic is "really good" for ratings at CNN. "It turns out the pandemic is a pretty big part of the news cycle and that's not going away any time soon." Kilar later apologized for...

Fox Corp CEO Says News Channel Will Oppose Biden

NBC News: Lachlan Murdoch said it is the job of Fox News to serve as the opposition to the Biden administration, stating clearly the political biases of a network that until 2017 billed itself as "fair and balanced." Murdoch said Fox News stood to benefit from Biden's...

ViacomCBS Readies Export of Oprah-Harry-Meghan

World Screen: ViacomCBS has lined up a slew of broadcasters around the world for its highly anticipated interview special featuring Oprah Winfrey in conversation with Meghan, the Duchess of Sussex, and Prince Harry. The special is produced by Harpo Productions. The...

Clubhouse Inspires Formation of Group for Creators

New York Times: A new company called Audio Collective has launched to help build businesses on Clubhouse as brands rush to leverage the platform. Audio Collective, which announced its formation on Thursday, will offer event planning, brand consulting, and support and...

Gannett Inks Local Business Ad Pact with Snapchat

USA Today: Gannett said it has reached a deal with the owner of Snapchat to sell advertisements on the social messaging app. Gannett, which owns USA Today and more than 250 other daily publications as well as hundreds of weeklies, reached the deal with Snapchat parent...

Bloomberg Media Tests Paid Tiers for Virtual Events

Digiday: Bloomberg Media began testing paid event tiers with its annual "The Year Ahead" event in January. The company gave attendees three options: register for free to access live main stage sessions and Q&As, or sign up for one of two paid offerings. The $125...

News Corp CEO: We’re Still Haggling with Facebook

Deadline: News Corp CEO Robert Thomson said "the terms of trade for content are changing fundamentally," citing a global news sharing deal the company signed last week with Google. Thomson said News Corp "continues to haggle" with Facebook. He called the payments...

Conde Nast CEO ‘Not Much Interested’ in Magazines

WWD: Conde Nast CEO Roger Lynch has made no secret of his view that video is the way forward. He's also thought by many at Conde Nast to not be much interested in magazine media in general, seen as more of a "dispassionate" executive, albeit one who has managed to...

Meredith, Conde Fashion Magazines Make Changes

New York Times: Five out of nine Vogue covers since September have featured Black models, three of them shot by Black photographers, as have four out of six Elle UK covers and three out of six Vogue UK. InStyle used Black models and Black photographers for four out of...

New York Times Bashed for Tone-Deaf Job Posting

New York Post: The New York Times is catching heat over a new job posting that seeks an opinion editor with a "spine of steel" — fresh on the heels of the paper losing three staffers who published controversial columns. The Gray Lady posted a job ad for a deputy...

News Corp Irks Staffers with Digital Revamp at WSJ

Insider: The Wall Street Journal has placed a number of service-minded, search-engine-optimized stories in front of its paywall over the past few months, including a state-by-state Covid-19 vaccination guide and a piece outlining what to know before investing in...

Conde Nast Releases Its First-Ever Diversity Report

WWD: Conde Nast has just published the full-year findings of its first diversity and inclusion report, revealing that much needs to be done to improve representation among its workforce. In 2020, 68 percent of staffers based in the US identified as white, 10 percent...

Patreon Column ‘Empowers’ Veteran of Conde Nast

WWD: Cat Marnell, a former magazine editor and author, launched a column, BeautyShambles, on Patreon in November. Patreon has "changed my life," she said. "It empowered me. I like Patreon, it's much more visual. Because I have my magazine background, I like the...

Google Stops Selling Ads Based on Web Browsing

Wall Street Journal: Google plans to stop selling ads based on individuals' browsing across multiple websites, a change that could hasten upheaval in the digital advertising industry. The company said that it plans next year to stop using or investing in tracking...

Amazon in Talks for NFL Rights Deal at Prime Video

Wall Street Journal: The NFL is on the verge of signing new rights deals with media partners that could see Amazon carry many games exclusively and TV networks pay as much as double their current rate. New agreements could be in place as early as next week. The...

Netflix Launches Video Feature Resembling TikTok

Bloomberg: Netflix is pushing deeper into short video clips that viewers watch on their phones, putting the streaming giant in closer competition with the likes of TikTok. The company is rolling out a feature called "Fast Laughs" that provides a feed of comedic clips...



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