McClatchy to Outsource Printing for Newspapers
Poynter: Two more local newsrooms will get printed by another company in another city. Josh Shaffer reported for the (Raleigh, North Carolina) News & Observer that that paper and the (Durham, North Carolina) Herald-Sun will stop print production. The two McClatchy...
Conde Nast Expat Domino Doubts Future in Print
New York Post: Domino, once a red-hot Conde Nast magazine, has been sold for the second time in three years — and the fate of the print edition is up in the air. While the Domino website and podcasts will continue, new owners North Equity say they have yet to...
Bustle Digital to Launch Nylon Magazine in France
WWD: While Nylon's print plans in the US are on hold, it's a different story in France. The fashion, music and cultural publication, which was acquired by Bustle Digital Group in 2019, will launch in France in March with a print magazine and a website complete with an...
Time Magazine Adds $3-a-Month Digital Paywall
WWD: Time magazine, owned by billionaire Marc Benioff, just revealed its $2.99-a-month digital subscription in a letter to readers, with editor in chief and CEO Edward Felsenthal telling them: "You'll be ensuring that we can continue producing great journalism for you...
Amazon’s Bezos Picks ‘Right-Hand Man’ for CEO
Daily Mail: Andy Jassy, the soon-to-be CEO of Amazon, is 53, a father-of-two Harvard graduate, worth more than $377 million, founded the web service that shut down Parler, and holds brutal meetings known as "The Chop." Los Angeles Times: Amazon's succession plan is...
Alphabet Sees Big Ad Growth at Google, YouTube
CNBC: Google's parent company reported fourth-quarter earnings that surpassed analyst expectations and showed a strong return to growth in its core advertising business. YouTube showed 47% advertising growth from last year, thanks in large part to direct-response ads....
Disney to Punt Hulu’s Annual Ads for Super Bowl
Adweek: Hulu is the latest longtime Super Bowl advertiser that has opted to stay on the sidelines for the 2021 game. After four consecutive years of Super Bowl ads, the streaming service will not run a standalone spot during Super Bowl 55. However, the brand will...
ViacomCBS to Expand Digital Super Bowl Viewing
Digiday: More people are likely to stream this year's Super Bowl than in past years. For starters, more people will probably watch the game within the confines of their homes. But CBS's stream of this year's NFL championship game will also be more widely available....
Comcast Revamp of NBCUniversal Brings Layoffs
Deadline: The reorganization of NBCUniversal's entertainment content team is complete with Susan Rovner setting the team and around 50 employees leaving as part of the changes. Among the high-profile execs exiting: Bruce Evans, EVP, current programming, and Dan Shear,...
Fox Corp Scrambles as Ratings Plummet in News
Daily Beast: Signaling a seismic shift in the media landscape as defeated former president Donald Trump hibernates in strangely silent exile at Mar-a-Lago, Fox News's two-decade-long winning streak came to an abrupt end Tuesday while rivals CNN and MSNBC claimed the...
Cox Local TV Stations Go Dark in Flap with AT&T
Bloomberg: Cox Media Group and AT&T have failed to reach an agreement over a new carriage contract, leaving local-TV customers in 20 cities without some channels. Cox is telling customers in cities including Atlanta, Boston, Pittsburgh and Seattle to call AT&T...
Hearst Issues First Report on Diversity, Inclusion
San Francisco Chronicle: "Clearly, we have work to do," said Hearst CEO Steve Swartz, as the company released its first diversity and inclusion report. The report found that as of December 73% of Hearst's full-time and part-time US employees were white while 8% were...
Gannett Looks to Sell More Newspaper Buildings
Courier-Tribune: The building and parking lot of the Courier-Tribune, one of the oldest newspapers in North Carolina, is going on the market. Owner Gannett said that the media operations will continue at a different location, still to be determined. The...
Conde Nast to Debut New Season of Vogue Show
Fashion Week Daily: Vogue's fashion news show, "Good Morning Vogue," is officially back for season two. From February 22 to March 8, viewers can tune in every Monday and watch the series' three new weekly episodes, according to Vogue. The second season will delve into...
Axel Springer to Change Name of Business Insider
Axios: Business Insider's logo will no longer appear on the Insider website, per CEO and founder Henry Blodget. The change signals Blodget's ambition to grow the publication significantly to reach a broader population, and that includes investing in verticals outside...
Maven Sets Metered Paywall for Sports Illustrated
Sports Illustrated: "Sports Illustrated's website in January drew its largest monthly audience ever. So, why a paywall now? Because the internet has changed, and savvy media consumers know that quality digital content that's worth your time is also worth your support....
Vox Preps Amazon Series from New York Magazine
Deadline: Amazon Studios is developing a TV series adaptation of Reeves Wiedeman's New York Magazine article "Who Killed Tulum?" The project hails from Annapurna, New York Magazine, and Vox Media Studios. "Who Killed Tulum?" is about a spoiled Mexican party-boy and a...
Politico CEO to Step Down Amid High-Profile Moves
New York Times: Patrick Steel, the chief executive of Politico since 2017, said that he will leave the company this summer. In an email to the staff, Steel, a former investment banker who was a special assistant to President Bill Clinton, said he had decided it was...
Bustle Taps Conde Nast Veteran as Editor in Chief
Talking Biz News: Charlotte Owen has been named editor in chief at Bustle. Previously, she held the post of editorial director at the publication. She joined the company in 2018 as executive editor, Bustle UK. She has also worked at Vanity Fair for more than six...
Group Nine Inks Deal to Produce Videos for TikTok
Digiday: TikTok is paying Group Nine Media science brand Seeker to create original videos for young people stuck at home, as the platform's Gen Z audience continues to bloom. TikTok's deal with Seeker is part of the platform's Creative Learning Fund, a $50 million...
G/O Media Staffer Promises to Fight ‘Unjust’ Firing
TheWrap: Gizmodo senior consumer tech editor Alex Cranz said she was fired from the company for her involvement in a union letter about an "internal tech product" sent to management, and that her termination came after members of management approached her with "false...
Quartz Signs Content Pact for Bloomberg Terminal
Talking Biz News: Financial news site Quartz announced that its content will now be available to Bloomberg terminal subscribers. The move comes less than one month after Quartz promoted Natalie Diamond to the role of chief revenue officer. Quartz’s management bought...
Amazon: Jeff Bezos to Step Down as CEO in 2021
CNBC: Amazon announced on Tuesday that AWS CEO Andy Jassy will replace Jeff Bezos as CEO during the third quarter of this year. Bezos will transition to executive chair of Amazon's board. Bezos founded Amazon in 1994 and since then has morphed it from an online...
Facebook Strikes Back Against Changes by Apple
CNBC: Facebook will begin urging some iPhone and iPad users to let the company track their activity so the social media giant can show them more personalized ads. The move comes alongside Apple's planned privacy update to iOS 14, which will inform users about this...
Google to Shutter Internal Game Production Studio
Reuters: Google said it would stop internal development of games for Stadia, making the cloud-based game-streaming service entirely dependent on titles from other game developers and publishers. Stadia was launched in 2019 along with an internal game development unit...
Verizon to Kick Off Virtual Fortnite for Super Bowl
CNBC: Verizon will appear around the biggest marketing day of the year in a variety of ways, building on its Super Bowl commercial with elements like a Verizon stadium in Fortnite and a Super Bowl game night concert to support small businesses, featuring artists like...
Netflix, MGM Race to Make Films About GameStop
Wall Street Journal: The ending hasn't been written yet, but Hollywood is moving quickly to bring the story of the GameStop investment saga to the screen. Separate projects at Netflix and Metro-Goldwyn-Mayer are already in development about the past week on Wall...
Disney Enters Deal with Director of ‘Black Panther’
Los Angeles Times: "Black Panther" director Ryan Coogler is developing a series for Disney+ set in the world of Wakanda. The series is part of a broader deal for Coogler's production company Proximity Media to make TV shows for the entertainment giant. Disney said in...
ViacomCBS Eyes ‘Frasier’ Reboot for Paramount+
TV Line: The long-gestating "Frasier" revival may finally be on the verge of hatching. Paramount+ — the streamer soon to be formerly known as CBS All Access — is circling the years-in-the-making project, which would find Kelsey Grammer reprising his iconic role of Dr....
Sony Music to Buy Kobalt Assets for $430 Million
Bloomberg: Sony Music agreed to buy AWAL, which distributes music for artists online without taking ownership of their copyrights. It's also acquiring a Kobalt business that collects royalties for performers. Kobalt previously touted AWAL, an acronym for A World...