Reuters' Ledbetter Takes Inc. Edit Post
Jim Ledbetter, who was the first op-ed editor at Reuters, has been named editor of Inc. magazine and its website.
The veteran of Time, Industry Standard and Slate takes over the exited John Tebeau
He reports to Eric Schurenberg, president and editor-in chief of Inc.
Mansueto Ventures owns Inc. and sister publisher Fast Company.
CPJ Raps Egyptian Crackdown
The Committee to Protect Journalists has condemned the Government of Egypt for its round-up of 20 Al-Jazeera staffers.
They are charged with incitement, slated news coverage to favor the Muslim Brotherhood, which has been branded a terror group by the country’s military leadership, and distorting the overseas image of Egypt.
The effort to criminalize “legitimate journalistic work” is why Egypt’s image is tarnished abroad, said Sherif Mansour, CPJ’s middle east and north Africa coordinator.
CPJ calls on government officials “to drop these outrageous charges and release all journalists from jail immediately,” said Mansour.
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.
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