The Inside News of PR & Marketing Communications

Last Updated: Fri., Aug. 16, 2019 @ 2:50 pm

Category: Media NewsReturn to Latest News

Media Maneuvers: Financial Times Buys Stake in Business of Fashion; Tumblr Value Tumbles from $1.1B to $3M; High Times Teams With Clio to Launch Clio Cannibis awards program

Thu, Aug. 15, 2019

By Steve Barnes

BoFThe Financial Times has picked up a minority stake in Business of Fashion, a media company with a website, daily newsletter and print magazine that cover the fashion industry... Blogging site Tumblr, which was picked up by Yahoo for $1.1B in 2013, has been sold by Verizon (which acquired Yahoo in 2017) to Automattic, the owner of online-publishing platform Wordpress.com, for $3M.... High Times is partnering with international awards competition Clio to launch Clio Cannabis

VIacom and CBS to Reunite

Wed, Aug. 14, 2019

By Steve Barnes

Shari RedstoneCBS and Viacom are reuniting after 13 years of operating as separate companies under the umbrella of Sumner Redstone’s National Amusements, the companies announced.

Newsrooms Continue to Shed Jobs

Mon, Aug. 5, 2019

By Jon Gingerich

NewsroomMore than a quarter of the largest newspapers in the United States suffered from staff layoffs in 2018, according to recent Pew Research Center analysis.

Media Maneuvers: McClatchy to Rescue in Youngstown; GateHouse, Gannett Near Merger; What's to Like at Instagram?

Fri, Jul. 19, 2019

By Steve Barnes

McClatchyMcClatchy will help to fill in the gap being left behind by the closure of The Vindicator, Youngstown, Ohio’s daily newspaper, via opening of digital news outlet in the fall... Gannett and GateHouse Media, the two largest newspaper chains in the U.S. by circulation, near merger... Instagram is testing out a program that would keep users from seeing how many likes an individual post racks up. Move deals blow to digital "influencers."

Netflix Nets CMO From BBC Studios

Fri, Jul. 12, 2019

By Kevin McCauley

Jackie Lee-JoeNetflix has recruited Jackie Lee-Joe from BBC Studios for the top marketing spot as the streaming company seeks to bolster its international programming.

Media Maneuvers: Rupe Says Sorry to Heather; Chicago Defender Prints Last Issue; Mandela Family Bitten by Media Bug

Tue, Jul. 9, 2019

By Steve Barnes

Heather MillsThe Rupert Murdoch-owned News Group has issued a public apology for hacking the phones of Heather Mills, the former wife of Paul McCartney, and her sister Fiona Mills... The Chicago Defender, a newspaper that has served the city’s African-American community since 1905, will be putting out its last print edition on July 10... Nelson Mandela’s family is partnering with Sugar23, a production company headed up by Academy Award-winning producer Michael Sugar, and ad agency DMA United to launch Mandela Media.

Media Maneuvers: Ken Lerer Quits Buzzfeed Chairman Post; Texas Monthly Sold to 9th Richest Texan; Conde Nast Unloads W & Moonves Becomes EIC

Thu, Jun. 27, 2019

By Steve Barnes

Ken LererKen Lerer, a founder of strategic communications powerhouse Robinson Lake Lerer & Montgomery, has stepped down as chairman of struggling BuzzFeed... Texas Monthly sold to oil pipeline scion Randa Duncan Williams, who is the ninth richest Texan... Conde Nast finally sells W magazine. Style editor Sara Moonves, the daughter of former CBS chief executive, becomes editor-in-chief under owner Future Media Group.

Journalist Gunned Down in Mexico

Tue, Jun. 18, 2019

By Steve Barnes

Norma SarabiaNorma Sarabia, a correspondent for Mexican newspaper Tabasco Hoy, was shot to death outside her home on June 11, according to the paper. (1 reader comment)

CLS Strategies Covers DC for Al Jazeera

Wed, Jun. 12, 2019

By Kevin McCauley

Andrew KoneschuskyCLS Strategies is providing Washington support for Al Jazeera Media Network, which runs the Arab-language satellite TV network that is based in Qatar. (2 reader comments)

Media Maneuevers: Maven Buys TheStreet; Bauer Media Explores Distribution Options; CNN Yanks 'Anderson Cooper Full Circle' From Facebook Watch

Wed, Jun. 12, 2019

By Steve Barnes

Jim CramerTheStreet has been acquired for $16.5 million in cash by Maven, a digital publishing, advertising and distribution platform used by such publications as History, Maxim and Yoga Journal... Bauer Media retains FTI Consulting to lead RFP process soliciting bids to deliver Woman's World and First for Women... CNN is taking its “Anderson Cooper Full Circle” daily news program off Facebook Watch as the cable network looks to beef up its own streaming strategy.

Media Maneuvers: HBO Kills 'Vice News Tonight;' Subscribers to The Forward Will Get Print Issues of Moment; BET Networks Enters Streaming Biz

Tue, Jun. 11, 2019

By Steve Barnes

Vice NewsHBO is pulling the plug on “Vice News Tonight,” the nightly news show from Vice Media that has run on the cable network for the past seven years... Subscribers to The Forward, which ended its print run with the April/May 2019 issue, will now be receiving print issues of Moment in its place... BET Networks, a part of Viacom, is planning to launch a streaming-video service, BET+, in the fall.

Obamas Sign Podcast Deal with Spotify

Thu, Jun. 6, 2019

By Steve Barnes

ObamasHigher Ground, the production company, led by Barack and Michelle Obama, has signed a partnership deal with Spotify under which it would produce podcasts available only on the streaming platform.

Has Media Time Peaked?

Mon, Jun. 3, 2019

By Jon Gingerich

ScreensA recent report suggests that the total amount of time Americans spend daily with media may have plateaued.