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| Boris Johnson |
Former British prime minister Boris Johnson, just a week after resigning from Parliament, has a new job: columnist for the Daily Mail. His new gig, which kicks off with a piece set to appear June 16, will provide the paper’s “erudite new columnist” with a platform he can use to inform readers of “exactly what I think about the world.” But the Advisory Committee on Business Appointments, an independent public body set up to vet outside appointments in the two years after a politician leaves high office, says that Johnson didn’t inform them of his new position until half an hour before the Daily Mail posted its announcement—a “clear breach" of the rules, according to a spokeswoman. “We have written to Mr. Johnson for an explanation and will publish correspondence in due course, in line with our policy of transparency," she said. ACOBA does not have the power to force Johnson to turn down the new position.
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The Guardian is putting a stop to gambling advertising on all its platforms. “Our new policy will apply to all online advertisements on the Guardian’s website, app, audio, video and newsletters, as well as print advertisements in the Guardian and Observer and Guardian Weekly,” according to a June 15 op-ed from Guardian chief executive Anna Bateson. Lottery advertising, Bateson says, will not be included in the ban. “By taking a stand against gambling advertising, we believe we can offer a place for sport fans all over the world to enjoy world-class sports journalism free from advertising pushing betting, wagering or online casinos.”
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Twitter faces a lawsuit from the National Music Publishers’ Association on behalf of 17 music publishers that charge the platform of copyright infringement involving about 1,700 songs. The price tag on the suit could run as high as $250 million. The majority of the alleged infringement Twitter has been notified about is due to music videos, videos of live music performances, or other videos synchronized to copyrighted music. Twitter is accused of using the videos to increase the amount of time people spend on its site. The NMPA claims that Twitter has failed to remove infringing content even after being notified and has "continued to assist known repeat infringers with their infringement" without risk of them losing their accounts. While licensing deals between Twitter owner Elon Musk and several music companies stalled after his takeover of the platform, the problem stems from before the takeover.
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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