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| Scott Morrison |
Australian prime minister Scott Morrison has asked the country’s ambassador to the U.S. to look into the police treatment of two Australian journalists covering a Monday protest outside the White House. Tim Myers, a cameraman for Australia’s Channel 7 and reporter Amelia Brace were roughed up by police officers dispersing a crowd shortly before D.C.’s 7 p.m. curfew. Footage of the incident was aired live on WJLA, the city’s ABC affiliate. In a statement to the New York Times, Channel 7 spokesperson Craig McPherson called the police action toward Myers and Brace “nothing short of wanton thuggery.” Australian foreign minister Marise Payne said the country’s government will support Channel 7 if it lodges its concerns over the actions with U.S. authorities. The incident follows complaints from both Russian and German journalists claiming that police shot at them with rubber bullets while they were covering recent demonstrations.
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Adweek has been acquired by Shamrock Capital, a Los Angeles-based investment firm. The publication was previously owned by Beringer Capital, which purchased the title from Mediabistro Holdings in 2016. Terms of the deal have not been disclosed. Current Adweek CEO Jeffrey Litvack will continue to lead the company, and its editorial and business operations are not expected to change. The deal also encompasses Adweek’s event, community and education portfolio. Shamrock currently has $1.9 billion of assets in the media, entertainment and communications sectors. “We look forward to working with Adweek to continue to drive strong growth, both organically and through acquisitions,” said Shamrock Capital partner Laura Held. Adweek says it has six million unique monthly visitors, 4.3 million social media followers and a print magazine readership of more than 150,000.
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BizBash, a media company that serves the event industry, has named Ashton Pike editor-in-chief and Claire Hoffman executive editor. Pike joined BizBash as senior editor in December, when Connect Meetings, a subsidiary of UK-based tradeshow company Tarsus Group, acquired the brand. She was previously editor-in-chief of Modern Luxury Medicine + Doctors Atlanta. In her new position, Pike will oversee the editorial team responsible for all content on BizBash.com and in BizBash magazine. Hoffman has been with Bizbash since 2013, most recently serving as West Coast bureau chief. "Ashton and Claire have already done an excellent job expanding our reach and power in the world of live experiences," said Bisbash president Matt Johnson.
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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