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USA Today becomes the last major US daily to put up a paywall. While part of the paper’s content will remain free, a selection of stories will now be marked "subscriber only." The rest of Gannett’s papers have already made the switch to a subscription model. According to a July 7 note from USA Today editor-in-chief Nicole Carroll and publisher Maribel Perez Wadsworth, the money from the paywall will help fund its investigations unit and visual journalism. USA Today says its digital destinations receive approximately 90 million unique visitors per month.
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| Jason Angrisani |
Bloomberg appoints Jason Angrisani as global chief marketing officer. Angrisani has been part of Bloomberg’s marketing department since 2010 and has helped implement a global planning framework, integrating marketing automation systems with Bloomberg’s proprietary technology. Before coming to Bloomberg, Angrisani was marketing director for IBM’s brand advertising team at Ogilvy & Mather. He will now oversee the marketing for all Bloomberg businesses globally. Bloomberg’s marketing organization is responsible for promoting the Bloomberg brand and engaging key audiences around the world.
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Knewz, a News Corp-backed news aggregation site that was intended to compete with Google and Facebook’s control over what articles users read, has shut down just 18 months after its launch. The site was partly a response to arguments within the news industry that Google and Facebook were not fairly compensating publishers. Curated by artificial intelligence and editors, Knewz promoted itself as publisher-friendly, pulling from sources across the political spectrum. The platform’s website now only has a farewell statement thanking its readers and points them toward such News Corp properties as the Wall Street Journal, the New York Post and MarketWatch.
Trump Media and Technology Group Corp. has replaced CEO and former California Congressman Devin Nunes with Kevin McGurn, a seasoned media sales executive.
The Pittsburgh Post-Gazette is being bought by the Venetoulis Institute for Local Journalism, a nonprofit that is the parent organization of the Baltimore Banner... The British Broadcasting Corporation is axing approximately 2,000 jobs, about 10 percent of its work force... Snap, the company behind Snapchat, is also succumbing to layoff fever, announcing plans to lay off 16 percent of its employees, about 1,000 people.
CBS News Radio will go off the air on May 22, part of the axe-swinging managerial plan put into play by CBS editor-in-chief Bari Weiss... The Economist, which was first published in 1843, is changing hands. Canadian billionaire Stephen Smith has agreed to acquire a 26.9 percent stake in the publication from Lady Lynn Forester de Rothschild, her family and family foundation... Nexstar Media Group says it has closed its acquisition of TEGNA, the broadcast, digital media and marketing services company that was formed in 2015, when the Gannett Company split into two publicly traded companies.
USA TODAY brings on Jamie Stockwell as VP of news, effective March 30. Stockwell was most recently deputy managing editor of news for the Washington Post... YouTube expands its likeness detection capabilities to a pilot group of government officials, journalists and political candidates... The AP Fund for Journalism adds 50 news organizations to its local news program, bringing the total number of participating newsrooms to 100. 
Versant Media Group, the NBCUniversal cable TV spin-off, today reported its first financial results as 2025 revenues dipped 5.3 percent to $6.7B and standalone EBITDA dropped 9.1 percent to $2.2B.
