THESTREET EDITOR TO BECK'S NEWS SITE
Glenn Hall, former editor-in-chief of TheStreet.com, is moving to Glenn Beck’s media network, TheBlaze, as managing editor.
Hall, who starts July 11, headed TheStreet from June 2008 until March of this year and was previously U.S. government editor at Bloomberg. He was also chief innovation officer and deputy editor for Freedom Communications’ Orange County Register.
TheBlaze, owned by Mercury Radio Arts, said Hall will oversee day-to-day management and long-term editorial planning of the two-year-old TheBlaze.com’s 25 reporters.
Editor-in-chief Scott Baker continues in that post.
The website claims seven million unique visitors per month.
In a statement, Hall said: “The Blaze is an amazing web phenomenon that shows media can thrive in the new digital age provided the focus and mission are aligned with the needs of the audience.”
BERKSHIRE GRABS ANOTHER PAPER
Berkshire Hathaway is acquiring the Waco Tribune-Herald from Robinson Media LLC, the company’s latest newspaper buy in a small to mid-sized market.
BH Media Group president Terry Kroeger said Waco is a “very strong, growing market with terrific assets,” including Baylor University and a new research park.
Robinson bought the Tribune-Herald in 2009 from Atlanta-based Cox Enterprises. The paper has a daily circulation of around 34,000 and 39,000 on Sundays.
The deal is slated to close on July 31.
BH bought the Bryan-College Station (Tex.) Eagle earlier this month.
SPAYD EXITS WAPO
Elizabeth Spayd is leaving as managing editor of the Washington Post following the November elections.
Marcus Brauchli, executive editor of WaPo, wrote a memo to praise the way Spayd has “piloted this newsroom through events of immense complexity and importance.” He called her a person who “epitomizes the best of the Post.”
Brauchli didn’t give a date to replace Spayd because there’s a need for “more thought to how or if we should adjust our newsroom structure.”
MICROSOFT ACQUIRES YAMMER
Microsoft is acquiring Yammer, spending $1.2B in cash for the San Francisco-based social networking site for businesses.
Yammer becomes part of Microsoft’s office division, which is headed by Karl DelBene.
The five-year-old company has more than five million corporate users, including workers at 85 percent of the Fortune 500.
Dave Sacks, Yammer CEO, says joining Microsoft will accelerate development of its vision about “how social networking could change the way we work.”
He expects Microsoft will “give us access to the technologies, expertise and resources we’ll need to scale and innovate.”