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| Alan Murray |
Fortune CEO Alan Murray is stepping down at the end of April 2024. Murray, who joined Fortune as top editor in 2014, saw the magazine through its 2017 sale as part of Time Inc.’s deal with Meredith, as well as its subsequent establishment as a stand-alone company after being sold for $150 million to Thai entrepreneur Chatchaval Jiaravanon. Murray then became its chief executive. Before coming to Fortune, Murray led the Pew Research Foundation and worked at the Wall Street Journal for nearly 20 years. In a memo to staff, Murray said that during his tenure, Fortune “grew our digital audience by 6X, increased our revenues by 50%, and produced three straight years of profits, while incubating new business.” He said he had no plans to retire after he stepped down and that Jiaravanon had asked him to consider staying on in a different role.
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| Campbell Brown |
Campbell Brown, who has been the face of the news business at Meta since coming on as Facebook VP of global news partnerships in 2017, is exiting the company. While Brown says that she will “remain affiliated with Meta in a new consultant capacity,” she added that more information about her new role with the company will be released in the coming weeks. After working on air for both NBC News and CNN, Brown co-founded The 74 Media, a nonprofit media company focused on education in America, in 2012. She was brought to Facebook in attempt to strengthen its ties with the news industry and oversaw partnerships with news organizations that used the platform, as well as piloting such initiatives as Facebook News and the newsletter Bulletin. As Meta’s focus on news has lessened, Brown’s role has shifted. She took on the title of VP of media partnerships last year, which has a scope covering sports leagues, film studios and digital media companies, in addition to news publishers.
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| Kiasia Truluck |
TIME promotes Kiasia Truluck to director, communications. Truluck was previously a senior manager. Prior to joining TIME, she held positions at Metro PR and Dan Klores Communications. In her new position, Truluck will lead strategic communications for TIME Studios, the company’s film and television division TIME Studios. She also leads oversees media relations and publicity efforts for TIME’s journalism and breaking news content, global live events, and major corporate announcements and brand partnerships.
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.
