 |
HBO 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. Vice chief executive Nancy Dubuc made the announcement in a Monday email to staffers. News chief Josh Tyrangiel, who came to Vice from Bloomberg in 2015, will step down at the end of June, staying on as a consultant until the show ceases production in September. New York Post publisher Jesse Angelo is coming aboard to oversee Vice’s news, digital and television divisions. “Jesse is joining us to create expanded platform opportunities and franchises,” Dubuc said in the email, which a Vice spokeswoman showed to the Hollywood Reporter. Vice is also planning to stay in the daily news game. “A daily VICE news show will continue,” Dubuc said in the email, “and I’ll be able to share with you all the details in the coming weeks.” The company is currently developing a “news-centric” show for streaming channel Hulu.
 |
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. The addition of The Forward’s 16,000 subscribers will bring Moment’s total readership to 75,000. Founded in 1975 by Elie Wiesel and Leonard Fein, Moment has an extensive digital presence. The acquisition of The Forward’s subscribers is part of an overall expansion of its print presence. The magazine launched its own publishing imprint, MomentBooks, in partnership with Mandel Vilar Press this year. “People of all ages still love the feeling of holding a magazine in their hands,” said Moment editor-in-chief and CEO Nadine Epstein. “And studies have shown that reading the printed word on paper is critical to information retention.”
 |
BET Networks, a part of Viacom, is planning to launch a streaming-video service, according to a report in the Wall Street Journal. The service, to be called BET+, is set to start up this fall. It will feature content from Tyler Perry Studios as well as programming from MTV, Comedy Central and VH1, all of which are also owned by Viacom. Perry, who already has a five-year deal with Viacom, will also be a financial stakeholder in BET+. While pricing for the service has not been set, Viacom executives say they expect it to cost more than the company’s Comedy Central Now service, which has a price tag of $3.99 a month. It will be available on Apple and Android phones, Amazon Fire, Roku and AppleTV.
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.
Have a comment? Send it to 
No comments have been submitted for this story yet.