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| Dominique Delport |
Vice Media’s Dominique Delport is stepping down as president of international and global chief revenue officer. He is also leaving his posts as a director at Vice’s Pulse Films unit and its agency Edition Worldwide. He is expected to remain on Vice’s board in an advisory capacity, and is also said to be starting up a new consultancy company, Arduina, which will include Vice on its client roster. Before joining Vice in 2018, Delport held leadership positions at Vivendi and Havas. At Vice, Delport is credited with working alongside Vice CEO Nancy Dubuc to help the company transform what was alleged to be a toxic work culture. Vice was aiming to turn a profit in 2020, but it shed 155 employees in May, most of them based outside of the U.S.
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| Anna Wintour |
Condé Nast expands Anna Wintour’s domain at the company, naming her its first global chief content officer. She has also served as U.S. artistic director of Condé Nast since 2013. In addition to keeping the editor-in-chief slot at Vogue U.S., Wintour will now be in charge of the publication’s 25 global editions, as well as overseeing all Condé Nast brands worldwide. In June, Wintour responded to charges that she contributed to an atmosphere where Black employees felt sidelined and belittled during by saying that she took responsibility for failures to elevate Black staffers and vowed to do better. “Anna’s appointment represents a pivotal moment for Condé Nast as her ability to stay ahead in connecting with new audiences, while cultivating and mentoring some of today’s brightest talent in the industry, has made her one of media’s most distinguished executives,” said Condé Nast CEO Roger Lynch. According to the Wall Street Journal, the company says the economic impact of the pandemic has pushed its drive toward profitability back.
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| Laura Ingraham |
Fox News signs multi-year deal to keep primetime host Laura Ingraham at the network, as well as ensuring that her program, “The Ingraham Angle,” remains in the network’s lineup. Ingram started at the network in 2007 as a contributor. Fox said her program has attracted an average of 3.6 million viewers overall and 650,000 in the 25-54 demographic in 2020. Ingraham has often set off controversy due to such statements as comparing detention centers for migrant children to summer camps. “Laura’s one-of-a-kind expertise and powerful commentary has provided an important voice to millions of Americans as a staple of our primetime lineup and we are thrilled to feature her insightful perspective across our platforms for many years to come,” said Fox News Media chief executive Suzanne Scott.
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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