 Sewell Chan |
The Los Angeles Times has hired longtime New York Times editor Sewell Chan as a deputy managing editor. Chan has been with the New York Times since 2004, most recently as international news editor. He has also served as a reporter and deputy editor of the op-ed page. He will report to L.A. Times executive editor Norman Pearlstine, who took over at the paper in June, one of several prominent hires made by billionaire Patrick Soon-Shiong, who purchased it from Tronc in February. “Sewell Chan has distinguished himself as a skilled and thoughtful editor,” said Pearlstine in a statement. “He will play an important leadership role while making us smarter and faster.”
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Facebook says it’s removing over 5,000 ad targeting options that could have been misused to place discriminatory ads across its platform, according to a report on TechCrunch. The company also said it is introducing a new certification for U.S. advertisers through its Ads Manager tool, requiring advertisers to properly register their compliance with Facebook’s non-discrimination policy if they post housing, employment or credit ads. The move follows a complaint from the U.S. Department of Housing and Urban Development accusing Facebook of helping landlords and home sellers violate the Fair Housing Act. It says that Facebook’s ad settings disregard the law by allowing advertisers to target certain demographics
 Porter Berry |
Fox News has promoted Porter Berry to editor-in-chief of Fox News Digital. Berry was previously senior executive producer of “Hannity,” the channel’s top-rated program. Before working with Hannity, Berry was producer of the roundtable opinion show “The Five.” He has also produced shows for Bill O'Reilly and Greta Van Susteren, as well as working on Fox News Digital programs. Berry replaces Noah Kotch, who left earlier this summer to edit The Daily Mail. In his new role, Berry will oversee all Fox News Digital content, including FoxNews.com, FoxBusiness.com and the Fox News apps. His replacement at “Hannity” will be Tiffany Fazio, who served as executive producer of the show under him.
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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