 |
Vanity Fair is letting go of around 15 employees as it adjusts to life under new editor Radhika Jones, according to a piece in the Hollywood Reporter. The cuts include several senior staffers, among them managing editor Chris Garrett, features editor Jane Sarkin, associate managing editor Ellen Kiell and executive head of communications Beth Kseniak. About five staffers were axed at Glamour, another Conde Nast publication, which recently brought on print novice Samantha Barry as editor-in-chief. The changes follow two other recent waves of layoffs. Conde Nast let go of about 80 people in November, following the demise of the print edition of Teen Vogue, and cut about 100 positions last spring. “Vanity Fair and Glamour are taking the first steps in reshaping their teams to reflect the new editorial directions of the brands,” according to a Conde Nast representative.
 |
Circulation numbers for The Economist remain strong, according to Audit Bureau of Circulation data for July through December 2017. Combined print and digital circulation for the magazine held steady at 1,391,671, despite a price hike of 20 percent. Revenue from circulation rose 25 percent year over year. While digital circulation saw a 24.7 percent jump, print kept pace with it. The print vs. digital split was 69:31 vs 74:26 for the previous year. The Economist’s social media audience rose 24.1 percent, to 55,659,842. North American users remain a big part of all those audiences, with circulation at 758,068, accounting for 55% of global circulation. “This past year we made an increased investment in our marketing activities across all channels,” said Economist chief marketing officer and managing director of circulation Michael Brunt. “This investment is already delivering a positive return for us with a steady increase in the profitability of our circulation.”
 Lisa Katz and Tracey Pakosta |
NBC has promoted Lisa Katz and Tracey Pakosta to serve as co-presidents of scripted programming for the network. Former president of scripted programming Jennifer Salke left the network last week, and will now run Amazon Studios. Katz, currently executive VP of drama, came to NBC from 20th Century Fox Television in July 2016 and has overseen the buying and development of one-hour projects, plus moving the pilots and first seasons of new dramas through the production process. Pakosta came to NBCUniversal in 2011, where she began as executive VP of comedy for Universal Television before assuming that role for NBC in 2015. “Lisa and Tracey have impeccable taste, strong leadership and a deep understanding of the NBC brand,” said NBC Entertainment Chairman Robert Greenblatt.
 Sandra Song |
Nylon Media, which recently became a digital-only publication, has named Sandra Song its new senior entertainment editor. Song was previously digital entertainment editor at Teen Vogue. At Nylon, she will work with the company’s strategic marketing and events teams to build out its entertainment content. “Sandra’s laser-sharp focus on intersectionality, and the entertainment industry’s complicated relationship with it, has made her a thought-leader in the cultural criticism space,” said Gabrielle Korn, Editor in Chief at Nylon.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
Have a comment? Send it to 
No comments have been submitted for this story yet.