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| Julie Pace |
The Associated Press names Julie Pace to lead its worldwide news operation as executive editor and senior VP. Pace succeeds Sally Buzbee, who joined the Washington Post as executive editor in June and is the third consecutive woman to hold the AP’s top editorial spot. She has been with the organization since 2007, most recently serving as Washington bureau chief. In that position, Pace has worked to expand the AP’s fact-checking operation. She says that her focus will be to “take all of the fantastic journalism that we do across formats and think of ways we can make it more digital-friendly, to make it more social-friendly.” AP president Gary Pruitt said that Pace “has a vision for AP’s future that is in line with our long-standing values but also forward-thinking.”
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Twitter introduces Super Follows, which the company calls “a new way for people to earn monthly revenue by sharing subscriber-only content with their followers.” It has also recently introduced Tip Jar, which allows Twitter users to send and receive tips, and Ticketed Spaces, in which hosts can charge users to join a live space. Super Follows lets creators set a monthly subscription fee of $2.99, $4.99 or $9.99 a month, giving their Super Followers access to content not available on the creator’s public feed. To set up a Super Follows subscription, creators need to have at least 10,000 followers, be 18 years old, be in the US and follow Twitter’s Super Follows Policy. Twitter says that it also has plans to add extra features, such as Super Follows-only spaces, newsletters and different subscription tiers.
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| The "Murrow Microphone" Photo: Mike Freedman |
The National Press Club will commemorate the recent donation of items from Edward R. Murrow's personal archive at a Sept. 14 event. The event will also celebrate the loan to the NPC of the historic microphone used by Mr. Murrow for his World War II CBS Radio Network broadcasts from London. It will include comments from Murrow's son, Casey Murrow, as well as from journalist Marvin Kalb, the last correspondent personally hired by Edward R. Murrow at CBS News. Donated items that will be on display include historic photographs, Murrow's briefcase and his poker chips. Photographs with the “Murrow Microphone” will be permitted, and members are welcome to share them via social media. The 6:30 p.m. event will be in the club’s Murrow Room and is limited to 75 attendees.
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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