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| Shepard Smith |
Shepard Smith, Fox news anchor and managing editor of the network's breaking news unit, quit today. He broke the news during his program. Smith is a sometimes critic of president Trump.
The anchor of the afternoon "Shepard Smith Reporting" program said the decision to walk was his own.
President Trump trashed Smith during his Oct. 10 tweet storm in which he said pollsters at Fox News "suck," after the network released a study that found 51 percent of the country supports kicking out of office.
He then went on to tweet: "Shep Smith, Donna Brazile (who gave Crooked Hillary the debate questions and got fired from CNN) & others at Fox News doesn't deliver for US anymore. It is so different than it used to be. Oh well I'm president."
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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