NPR Cuts More
NPR is cutting “Tell Me More,” which is aimed at black people, in its drive to cut a $6M budget deficit.
The seven-year-old program hosted by Michel Martin aired on just about 140 stations, which falls between the minimum 300 stations needed to be a self-sustainable stand-alone program.
Martin, according to a memo from will partner with stations to do live events, according to a memo from Margaret Low Smith, NPR’s senior VP for news.
Twenty-eight jobs (eight of them are now unfilled) are to be eliminated due to the shutdown of TMM.
NYT's Gelb Dies at 90
Arthur Gelb, a journalistic fixture at the New York Times for 45 years, died from complications of a stroke May 20 at his home in Manhattan. He was 90.
Hired as a copy boy, Gelb rose to critic, chief cultural correspondent, metropolitan editor, deputy managing editor and retired in 1989 as managing editor.
During his tenure, Gelb was expanding the reach of the Old Grey Lady by introducing stand-alone sections such as Sports Monday, Science Times, Dining, Home and Weekend.
Gay Talese, who once worked under Gelb, recalls him as a “lanky creative tower of tension.”
NYT publisher Pinch Sulzberger said in a statement that Gelb “brought great energy and insight to our journalism.
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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