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CNN has pulled the plug on "Reliable Sources with Brian Stelter." The show’s last episode will be this Sunday. Stelter, who came to CNN from the New York Times in 2013, will be leaving the company. In addition to his on-air duties at CNN, Stelter served as a media writer for CNN.com. He also hosted a podcast and frequently wrote and oversaw a daily "Reliable Sources" newsletter with his fellow media reporter Oliver Darcy. The CNN digital media team and Reliable Sources newsletter will continue with Darcy leading the newsletter. CNN chief Chris Licht has been making cuts throughout CNN since taking the helm as part of Warner Bros. Discovery's takeover of the old Time Warner company.
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| Eric Caballero |
Conservative media outlet The Daily Wire brings on Walt Disney Company veteran Eric Caballero as chief marketing officer. Caballero, who was previously a vice president in Disney’s media and entertainment distribution group, will oversee all marketing for the company, which is expanding into the entertainment business. The Daily Wire is committing $100 million to produce family-friendly content. “Companies like Disney have betrayed their family-friendly and pro-America audiences because of outsize influence from activist shareholders and employees, leaving money and opportunity on the table in the process,” said Daily Wire co-CEO Jeremy Boreing.
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Cineworld Group, which owns the Regal Cinemas chain, the second-largest in the world, is planning to file for bankruptcy, according to a report in the Wall Street Journal. The company said that despite a recovery from the sharp drop in attendance caused by the pandemic, recent admissions have not met expectations, which it blames on a limited film slate. The WSJ report says that Cineworld is negotiating with its lenders to fund the bankruptcy process. Cineworld acquired Regal in 2018 for $3.6 billion.
McClatchy, which owns 29 daily papers across 14 states (including The Miami Herald, Sacramento Bee and Kansas City Star), launches a wave of layoffs that extends to at least 13 of those papers... The Toledo Blade, which was founded in 1835, is set to shut down on Dec. 31, unless owner Block Communications manages to find a buyer for it... A bill awaiting approval by California governor Gavin Newsom would give local newsrooms a boost. 
Fox News Media issued a pretty sparse release to announce the departure of one of its stars. “Effective today, Maria Bartiromo is no longer with FOX News Media,” it reads.
Brunswick Group partner John Simons has joined CNN as senior director of business & media. He held top jobs at Time and the Wall Street Journal.
WNET, the nation’s largest public media company, names Edward O’Keefe its next president and CEO, effective September 21. O’Keefe succeeds Neal Shapiro, who becomes president emeritus and will retire at the end of the year... The Stealth Bot Prohibition Act, which would empower news publishers and other content providers to defend themselves by mandating transparency for all bots crawling their sites, in introduced in the House by Rep. Laurel Lee (R-FL) and Rep. Valerie Foushee (D-NC)... Google gets socked by European Union regulators with a $1 billion fine for using the platform’s dominance as a search engine to illegally undercut competition.
Boston Globe Media acquires InstaTrac, a company that provides subscription-based services aimed at making government information easier to find, track, and understand... AARP names former New Republic CEO and publisher Michael Caruso as its SVP and chief content officer, unifying the organization's portfolio of media, live events and digital platforms... The Fund for American Studies, an educational nonprofit, awards its inaugural Journalism Excellence Fellowships.
