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| Ed Henry |
Fox News' Ed Henry has become the network's latest employee to be booted in the wake of sexual harassment charges. The network received a complaint about Henry on June 25, and he was suspended that day. In a memo to employees, Fox News Media chief executive Suzanne Scott and president and executive editor Jay Wallace said that the company hired a law firm to investigate the complaint, and had fired Henry upon receiving the findings of that investigation. Henry, who joined Fox from CNN in 2011, was most recently the co-anchor of “America’s Newsroom,” its morning news program. He took a leave of absence from the company in 2016 following a National Enquirer report of his extramarital affair with a Las Vegas hostess. A permanent replacement for Henry on “America’s Newsroom” has not been named.
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The New York Times has pulled the plug on its partnership with Apple News. Stories from the Times are no longer running on the platform. The reason behind the split is the Times’ desire for more direct interaction with the readers of its content. “Core to a healthy model between The Times and the platforms is a direct path for sending those readers back into our environments, where we control the presentation of our report, the relationships with our readers and the nature of our business rules,” Times chief operating officer Meredith Kopit Levien wrote in a memo to employees. “Our relationship with Apple News does not fit within these parameters.” Content that is read on Apple News does not redirect to a publication’s website. Apple reported in April that the Apple News app had 125 million monthly active users.
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The Overseas Press Club of America has started up a fund to assist freelance journalists facing financial difficulties due to the COVID-19 crisis. In May, the organization’s COVID Emergency Grant Fund made 27 grants of $750 each to writers, photographers, and film and video reporters abroad and in the United States. Recipients of the grants were chosen by a board of OPC governors from a pool of nearly 50 applicants. The OPC is now soliciting donations for another round of grants. The grants are unrestricted, and recipients told the organization they would use the money not just to fund future and ongoing reporting projects, but to pay rent, overdue bills, and even to purchase food. To contribute to the fund, click here or contact OPC executive director Patricia Kranz at [email protected].
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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