 Dana McClintock |
Dana McClintock, who launched the “Late Show with David Letterman” at CBS in 1993, will succeed the retiring Gil Schwarz as chief communications officer at the broadcaster.
He will assume PR, media relations, corporate and internal communications duties when Schwartz exits Nov. 1.
At CBS, McClintock worked at CBS Sports as director of Olympic communications during the Nagano Games and then switched to the corporate side becoming VP in 1999, senior VP in 2002 and executive VP in 2013.
He’s eager to “communicate CBS Corp.’s bright future.”
McClintock reports to Joe Ianniello, who moved into the acting CEO spot with the decision of chief Les Moonves to step down following allegations of sexual misconduct.
Dick Parsons, former Time Warner CEO and Citigroup chairman, assumed the acting chairman role of CBS on Sept. 25.
He’s an ally of National Amusements Inc’s Shari Redstone, CBS vice chair and controlling stockholder who was involved in a legal struggle with Moonves.
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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