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Forbes receives $200M cash infusion from Binance, cryptocurrency and blockchain infrastructure company... Dotdash Meredith ends print runs of Entertainment Weekly, InStyle, Eating Well, Health, Parents and People en Español... The European Publishers Council lodges a complaint with the European Commission against Google for its ad tech practices.
Despite the quick decision made in the Jeff Zucker incident, the whole matter of romance in the workplace is still filled with more questions than answers.
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China hacks News Corp's Wall Street Journal, Times of London, Sun and New York Post properties... The New York Times, bolstered by its acquisition of The Athletic, crosses 10-million subscriber mark ahead of its 2025 target date... NBC says that it has sold out all advertising inventory during Super Bowl LVI across NBC, Telemundo and digital platforms including Peacock. Thirty second spots fetch $7.1M.
Chicago Public Media, which owns the city’s NPR outlet, WBEZ, is set to acquire the Chicago Sun-Times on Jan 31... Gannett is axing the Saturday print edition of its papers in 136 markets... Netflix’s stock tanks after it falls short of Wall Street's subscriber forecasts.
The New York Post, as well as owner News Corp., ex-editor Col Allan and current editor Keith Poole, are facing a sexual harassment lawsuit from Michelle Gotthelf, a 20-year employee of the paper who most recently served as its digital editor... Disney names Joe Earley president of Hulu... NBCU Academy, multi-platform journalism training program, adds 13 higher education institutions to the program.
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Omnicom Public Relations Group names Michele Chase as its first chief people officer... Violet PR hires Conway PR & Marketing's David Margolis to help lead its economic development division... McNeely Brockman Public Relations adds Lydia Lenker as senior advisor... OverActive Media recruits Matt McGlynn from Royal Bank of Canada for VP-marketing and brand spot.
Microsoft shells out $70B in cash for Activison Blizzard, which has come under fire for alleged workplace misconduct... Committee to Protect Journalists appoints Reuters veteran Jodie Ginsberg president... Politico names New York Public Radio president and CEO Goli Sheikholeslami to succeed Patrick Steel, who stepped down last year, as its chief executive.
The New York Times is acquiring sports media platform The Athletic in a $500M cash deal.... WarnerMedia and ViacomCBS put the CW Network up for sale... The BBC hires former president of NBC News International Deborah Turness as CEO of BBC News and Current Affairs.
New York Times media columnist Ben Smith is exiting the paper to serve as editor-in-chief for a news organization being started by Justin Smith, who is leaving his position as chief executive of Bloomberg Media... NBC Universal launches NBCUnified, a first-party identity platform that it says will let advertisers track and monitor consumer relationships without cookies or device IDs... New England Public Media hires Matt Abramovitz as president, effective Feb. 1.
Global IR firm MZ Group is handling news that Trump Media & Technology Group and Digital World Acquisition Corp. have lined up $1B in PIPE (public investing in public equity) financial commitments from unidentified investors upon consummation of their SPAC deal. (Updated with GOP Congressman Nunes named CEO).
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Senator Elizabeth Warren wants the Securities and Exchange Commission to probe Donald Trump’s SPAC deal, a transaction that may have violated securities laws.
Most working journalists say the fake news problem hasn’t gotten any better in 2021, according to a recent Greentarget report.
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Smartmatic files defamation suits against Newsmax and One America News Network, adding them to a list of election-related suits that includes Fox News, several of its on-air personalities and pro-Trump lawyers Rudy Giuliani and Sidney Powell... Facebook is shutting down its facial recognition system... New York Times paid subscriptions hit the 8.3 million mark at the end of Q3 2021, a 21.6 percent jump from a year ago.
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Former Finsbury president and partner Stephen Labaton has joined NBCUniversal News Group as executive vice president of communications. He joins NBCU from Booz Allen Hamilton.
Meredith, which acquired Time Inc. in 2018, has now been acquired itself as IAC's Barry Diller’s IAC agrees to $2.7B deal... Peacock, NBCUniversal’s streaming channel, names Kelly Campbell president... Fox Weather, a new free, ad-supported streaming service from Fox News Media, is launching on Oct. 25.
John Stossel sues Facebook, claiming he was defamed when the platform appended fact-checking labels to two videos he posted about climate change... GBH, Boston’s public radio platform, names Lee Hill the first executive editor for GBH News... Crain Communications has acquired Green Market Report.
Fox Corp. chairman Rupert Murdoch, 90, suffered an 8.4 percent drop to $31.1M in total compensation for fiscal '21 as he agreed to forgo base salary to help broadcaster deal with COVID-19 pandemic. Son & CEO Lachlan Murdoch, 50, took a 5.1 percent hit to $27.6M.
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News Corp is bringing Piers Morgan back to the airwaves as the centerpiece in its launch of talkTV in the UK... Fox Corp. buys celebrity gossip brand TMZ... Roger Darnell of The Darnell Works Agency writes a book about how to develop soft skills required for PR career.
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