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Bloomberg is launching Bloomberg UK, which is meant to compete with such British outlets as The Financial Times and The Sunday Times. The new platform will include a website, a video series on British newsmakers, a podcast and a summit on the future of British business. “Our goal is to become the main destination for business and financial news in Britain,” Bloomberg editor-in-chief John Micklethwait wrote in a piece on Bloomberg.com. Out of Bloomberg’s approximately 400,000 subscribers, more than 40 percent are outside the US, with Britain constituting its second-largest market. Micklethwait and Bloomberg chief executive M. Scott Havens said Bloomberg plans to hire dozens of new journalists to staff up the unit.
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| Nathan Lump |
National Geographic Media signs up Expedia Group global head of editorial and entertainment Nathan Lump as editor-in-chief, effective June 6. Before coming to Expedia in 2019, Lump held positions at such publications as Travel + Leisure, Condé Nast Traveler and the New York Times. In his new role, Lump will manage the content strategy of the company’s editorial team. He will also focus on extending the reach of Nat Geo Media’s storytelling across The Walt Disney Company and its customers. Disney is a majority partner in the company, with the National Geographic Society holding a 27 percent share. Lump’s “tremendous wealth of experience in leading global editorial organizations, his deep understanding for what makes a story best in class, data-driven approach to addressing consumer needs and commitment to journalistic integrity make him the ideal candidate,” said Nat Geo Media executive vice president and general David Miller.
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My Code, a digital media platform that allows advertisers to invest in minority-owned and led publishers, creators, and producers, acquires a majority ownership interest in Hispanic news and information company Impremedia. Imprendia CEO Iván Adaime will continue to lead the company’s media brands, which include Spanish-language papers La Opinión, El Diario, La Raza and La Opinión de la Bahía, along with a portfolio of digital media outlets and lifestyle brands that reach 35 million users each month. All of Impremedia’s employees have been asked to continue with the company. “Combining Impremedia’s iconic media properties, burgeoning digital brands and significant daily role in the lives of the Hispanic community with My Code’s platform, resources and enormous audiences, will supercharge the ability to connect, inform, support and engage in this vital space,” said My Code CEO and founder Parker Morse.
Michael Kaminer, who was responsible for the Observer’s “Power List” for the past 13 years, has cut ties with the publication... The New York Times Company continues the march toward its goal of 15 million subscribers by the end of 2027... The John D. and Catherine T. MacArthur Foundation is providing more than $6 million in funding to eight organizations working to address the challenges local news and information environments face along the U.S.-Mexico border.
Conservative outlets Fox News, Newsmax and the Daily Caller are holding back from signing Pete Hegseth’s edict restricting press access in the Pentagon... CBS News sees the first executive departure of the Bari Weiss era as head of standards and practices Claudia Milne exits... Indiana University shuts down the print version of The Indiana Daily Student.
Rothschild family plans to unload 26.7 percent stake in The Economist... STAT, a digital media company that focuses the life sciences, brings back Damian Garde, who anchored its biotech newsletter and podcast from 2016 to 2024... High Times officially resumes print publication (following its 2024 shutdown) with the release of a limited-edition, collectible 50th anniversary issue. 
CBS News is set to hand over its reins to The Free Press co-founder Bari Weiss as Paramount acquires her site for $155M... C-SPAN comes on board as an official media partner of the U.S. Semiquincentennial Commission, which is charged by Congress to lead the celebration of the 250th anniversary of the signing of the Declaration of Independence... A new Gallup survey says that the level of trust that US audiences have in the media has hit a new low.
Paramount Skydance CEO David Ellison has named Kenneth Weinstein, former head of the conservative Hudson Institute, as ombudsman for CBS News.
