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| David Shipley |
The Washington Post names David Shipley as editor of its editorial page. He will assume his new position after Labor Day. Shipley comes to the Post from Bloomberg, where he co-founded the opinion section and served as senior executive editor. He was previously deputy editorial page editor and op-ed editor at the New York Times, served as a speechwriter and special assistant to President Bill Clinton and worked for Mike Bloomberg’s campaign for the Democratic presidential nomination. “David has been very good at surfacing a range of views at the places he’s worked, and that’s what makes him so good for the Washington Post.”
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The Italian edition of Harper’s Bazaar, which launched as a digital-only publication in the fall of 2020, is moving into print. The print edition will be led by Daria Veledeeva, who was the editor-in-chief of Harper’s Bazaar Russia for 13 years. Veledeeva left her post at Harper’s Bazaar Russia earlier this year after Hearst Magazines International terminated its deals with Russian publishing partners following the invasion of Ukraine. The initial print edition of the magazine will be the November 2022 issue. Six issues will be published in 2023 and 10 issues are planned for 2024.
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The number of newspapers continues to shrink at the rate of about two per week, according to a study from Northwestern University’s Medill School of Journalism, Media and Integrated Marketing Communications. From late 2019 through the end of May 2022, the report says, more than 360 papers have shut down. Since 2005, it is estimated that the country has lost more than one-fourth of its newspapers. In addition, forty of the country’s largest 100 papers now deliver a print edition six or fewer times a week—and 11 deliver just two times a week or less. This has left seven percent of the nation’s counties (211) without a local newspaper. However, the report does indicate there are some signs of hope, with nonprofit digital local news startups slated in such cities as Baltimore, Chicago, Cleveland and Houston. It also notes that 64 digital sites focused on state or local news have been established through philanthropic or corporate funding.
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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Jul. 8, 2022, by Joe Honick
Congratulations to Shipley and a kind word to Bezos for keeping the WAPO going. But the reality of media disappearing and the lowered regard for the surivors is part of an evil plan devised by the likes of Murdoch, McCormick and an outfit named Alden Global run by a couple of billionaires.
Alden has been buying up a reported 200 national and local media, too often then gutting the newsrooms of venerable outfits like the Denver Post, Chicago Tribune and other. Where the veteran journalists and crews go is hard to figure, but they are eliminated from the army of professionals Trump and the rightwingers nailed as "enemies of the people" with less and less of a voice to anyone.