John Sununu, Boston Globe columnist and former Republican New Hampshire Senator, promises no more commentaries about cable and Internet issues after watchdog Media Matters complained about an apparent conflict of interest.
The Time Warner Cable board member and paid honorary co-chair for the Broadband for America trade group penned criticism of the Obama Administration's "unnecessary regulation of the Internet."
Sununu, an "adjunct senior policy advisor" for lobbying firm Akin Gump Strauss Hauer & Feld, also rapped Uncle Sam's environmental oversight. Akin Gump has clients in the beleaguered coal sector.
Ellen Clegg, editorial page director of the Globe, said Sununu assured her he would no longer write about cable and Internet regulation. The paper views his role at Akin Gump as "very limited."
Clegg said the Globe would be more transparent, posting columnist bios online and linking them to their bylines.
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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