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| Michael Bloomberg |
Michael Bloomberg’s campaign says that if Bloomberg is elected president, he plans to sell Bloomberg LP as well as releasing his tax returns. In an interview with CNN’s Christiane Amanpour, campaign adviser Tim O’Brien said: "there will be no confusion about any of his financial holdings blurring the line between public service and personal profiteering." Bloomberg has come under fire from several of his competitors in the campaign over his finances, with much of the controversy stemming from the estimated $400 million Bloomberg has spent on advertising. According to the Financial Times, Bloomberg owns 88 percent of the financial data company he founded in 1981. With around 325,000 subscribers paying $24,000 a year for its services, the company raked in about $10.5 billion in revenue last year, up 5.7 percent over the previous year, the FT reported.
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| Andrew Yang |
Andrew Yang has signed on as a political commentator for CNN following his exit from the race for the Democratic presidential nomination after his poor showing in the New Hampshire primary. Yang’s first appearance on the network will be during the Feb. 19 debate in Las Vegas. “Will be on @CNN tonight to talk about the debate!” Yang said in a Tweet. “Maybe I’ll wear a tie.” Most of the attention that his campaign received stemmed from what was known as the Freedom Dividend, a guaranteed $1,000 per month universal basic income.
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While American Media’s sale of The National Enquirer to Hudson News chief executive Jimmy Cohen, remains on hold, the company has unloaded its stable of fitness-related magazines, according to a report in the New York Post. Those titles include Muscle & Fitness, Flex and Muscle & Fitness Hers—all of which will transition to digital-only publications. The deal also entails the company’s bodybuilding trade show business. The buyer is Jake Wood, owner of the women’s bodybuilding show Wings of Strength. A source close to the sale told the Post that the price tag for the deal was approximately $70 million.
Michael Kaminer, who was responsible for the Observer’s “Power List” for the past 13 years, has cut ties with the publication... The New York Times Company continues the march toward its goal of 15 million subscribers by the end of 2027... The John D. and Catherine T. MacArthur Foundation is providing more than $6 million in funding to eight organizations working to address the challenges local news and information environments face along the U.S.-Mexico border.
Conservative outlets Fox News, Newsmax and the Daily Caller are holding back from signing Pete Hegseth’s edict restricting press access in the Pentagon... CBS News sees the first executive departure of the Bari Weiss era as head of standards and practices Claudia Milne exits... Indiana University shuts down the print version of The Indiana Daily Student.
Rothschild family plans to unload 26.7 percent stake in The Economist... STAT, a digital media company that focuses the life sciences, brings back Damian Garde, who anchored its biotech newsletter and podcast from 2016 to 2024... High Times officially resumes print publication (following its 2024 shutdown) with the release of a limited-edition, collectible 50th anniversary issue. 
CBS News is set to hand over its reins to The Free Press co-founder Bari Weiss as Paramount acquires her site for $155M... C-SPAN comes on board as an official media partner of the U.S. Semiquincentennial Commission, which is charged by Congress to lead the celebration of the 250th anniversary of the signing of the Declaration of Independence... A new Gallup survey says that the level of trust that US audiences have in the media has hit a new low.
Paramount Skydance CEO David Ellison has named Kenneth Weinstein, former head of the conservative Hudson Institute, as ombudsman for CBS News.
