 Steve Bannon |
Steve Bannon, Breitbart News chairman and former White House counselor, who is currently in Alabama campaigning for Senatorial candidate Roy Moore, is returning to SirusXM’s Patriot channel. He will join Breitbart Editor-in-Chief Alexander Marlowe as a regular host on the channel. Breitbart plans to premiere a daily weeknight show on the channel, as well as offer additional weeknight programming. “As I have said all along, everything I brought to the Trump campaign came directly from the listeners I spoke with every morning on Breitbart News Daily on SiriusXM’s Patriot channel,” Bannon said in a statement. “From the moment I left the White House, getting back behind the microphone was very important to me.”
 Charlie Ergen |
Dish Network chairman Charlie Ergen has stepped down from the role of company CEO to focus on its wireless business. Current president and COO Erik Carlson will now be president and CEO, and will continue to report to Ergen. Those moves are part of a wave of executive team shuffles, which include John Swieringa replacing Carlson in the COO spot, Brian Neylon moving up to executive VP and group president, and Warren Schlichting assuming the executive VP and group president post at Dish’s Sling TV. “With more than 20 years’ experience at Dish, Erik brings a complete understanding of the business opportunities both Dish TV and Sling TV possess,” Ergen said in a statement. “I have every confidence that under Erik’s leadership our new organizational structure will deliver value for Dish TV and Sling TV and will aid our entry into wireless.” In the last 10 years, Dish has spent over $11 billion to acquire wireless spectrum licenses and related assets, as well as investing upwards of $10 billion in non-controlling stakes of wireless entities.
 William Smith |
Art in America has named William Smith as its editor. Smith has been serving as interim editor since this summer and before that held senior editorial roles at the publication, which is owned by Peter M. Brant’s Art Media Holdings, for almost five years. Art in America, which AMH says maintains profitability, gets 80 percent of its sales from readers purchasing annual subscriptions, reflecting “passionate reader loyalty.” The magazine recently launched a digital version of its Art in America Guide, creating what it says is an additional advertising revenue stream. “For more than 100 years, Art in America has been the historic journal of record for arts and culture,” said Brant. “Under Will’s leadership and editorial vision and as a pioneer in the field of digital publishing, I’m confident Art in America will continue to connect with current readers, and appeal to a new generation of art lovers.”
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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