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| David Shipley |
The Washington Post names David Shipley as editor of its editorial page. He will assume his new position after Labor Day. Shipley comes to the Post from Bloomberg, where he co-founded the opinion section and served as senior executive editor. He was previously deputy editorial page editor and op-ed editor at the New York Times, served as a speechwriter and special assistant to President Bill Clinton and worked for Mike Bloomberg’s campaign for the Democratic presidential nomination. “David has been very good at surfacing a range of views at the places he’s worked, and that’s what makes him so good for the Washington Post.”
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The Italian edition of Harper’s Bazaar, which launched as a digital-only publication in the fall of 2020, is moving into print. The print edition will be led by Daria Veledeeva, who was the editor-in-chief of Harper’s Bazaar Russia for 13 years. Veledeeva left her post at Harper’s Bazaar Russia earlier this year after Hearst Magazines International terminated its deals with Russian publishing partners following the invasion of Ukraine. The initial print edition of the magazine will be the November 2022 issue. Six issues will be published in 2023 and 10 issues are planned for 2024.
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The number of newspapers continues to shrink at the rate of about two per week, according to a study from Northwestern University’s Medill School of Journalism, Media and Integrated Marketing Communications. From late 2019 through the end of May 2022, the report says, more than 360 papers have shut down. Since 2005, it is estimated that the country has lost more than one-fourth of its newspapers. In addition, forty of the country’s largest 100 papers now deliver a print edition six or fewer times a week—and 11 deliver just two times a week or less. This has left seven percent of the nation’s counties (211) without a local newspaper. However, the report does indicate there are some signs of hope, with nonprofit digital local news startups slated in such cities as Baltimore, Chicago, Cleveland and Houston. It also notes that 64 digital sites focused on state or local news have been established through philanthropic or corporate funding.
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.
