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| Rashida Jones |
MSNBC names Rashida Jones president, effective Feb. 1. Jones, who will be the first Black woman to lead a major cable news network, joined MSNBC as an executive producer in 2013, and is currently senior vice president, overseeing daytime news coverage for the network. She will succeed Phil Griffin, who has been MSNBC president since 2008. “Rashida knows and understands MSNBC, in part because it’s where she started when she first joined NBCU seven years ago,” he said in a memo to employees “She knows that it is the people who work here that make it great, and she understands its culture. She also appreciates the impact and potential of the brand.”
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| Monica Richardson |
The Miami Herald appoints Monica Richardson as executive editor, making her the first Black executive editor in the paper’s 117-year history. Richardson, who comes on board at the Herald on Jan. 1, is currently senior managing editor at the Atlanta Journal-Constitution. Before coming to the AJC in 2007, she worked at the Charlottesville Observer, Florida Times-Union and Lexington Herald-Leader. In her new position, Richardson will also oversee el Nuevo Herald and the Bradenton Herald, and serve as McClatchy’s Florida regional editor (McClatchy is the Herald’s owner.) “She has a strong record of leadership in local journalism at one of the great metro newsrooms in the country. Now, she brings her commitment to accountability journalism and a track record of successful digital innovation that serves local audiences,” said McClatchy senior vice president of news Kristin Roberts.
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The Hartford Courant is the latest Tribune Publishing newspaper to leave its physical office space behind. On Dec. 27, the paper is vacating the building it has occupied since the mid-1940s. Employees that include the Courant’s advertising staff and reporters have worked from home since March, so the offices have mostly been empty. Other Tribune papers that have closed their newsrooms include the New York Daily News, the Orlando Sentinel, Capital Gazette in Annapolis, MD, and the Morning Call in Allentown, PA.
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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