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| Mike Pompeo |
Fox News hires former secretary of state Mike Pompeo as a contributor. Pompeo, who will provide analysis across all Fox News Media platforms, was scheduled to make his debut on the April 9 edition of “Fox & Friends.” He joins fellow Trump alumni Larry Kudlow and Kayleigh McEnany at the network. “I intend to give viewers a candid, no-nonsense look at geopolitics, international relations and the America First policies that helped chart the course for unprecedented American prosperity and security,” Pompeo said in a Fox News release.
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News Corp. plans to issue $1B in bonds to fund acquisition drive, according to a report on The Hill. That figure is a hefty jump from the $750 million in bonds that the company previously said it would issue. In March alone, News Corp made two large purchases. On March 25, it announced plans to pick up Investor’s Business Daily for $275 million, and just days later said it was also buying Houghton Mifflin Harcourt Books. The Houghton Mifflin deal will give News Corp. control of J.R.R. Tolkien books including “The Lord of the Rings” trilogy, as well as George Orwell’s “Animal Farm” and “1984.”
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| Jessie Henderson |
Apple Studios is beefing up its push into the feature film market with the addition of Jessie Henderson as a feature film executive. Henderson comes to Apple from HBO Max, where she served as executive vice president of original feature films. She was previously co-president of Feigco Entertainment, producing film and TV projects that included the all-female “Ghostbusters” and “Zoey’s Extraordinary Playlist.” Apple has also recently hired Paramount Pictures feature executive Lejo Pet.
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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Apr. 12, 2021, by Joe Honick
Could it be that pompous Pompeo sees FOX as the same jumping off point for the presidency that Trump once did? Perhaps Mike does not realize he enters the political scene as kind of an international bumpkin who might make more money doing diet commercials with a political tilt.