 Janice Min |
Janice Min, former US and Hollywood Reporter editor-in-chief, plans to join forces with ex-CBS Entertainment head Nina Tassler on a new TV and digital-media production company, according to the New York Post. The LA-based startup will focus on projects led by females, including writers, directors and producers, and likely financial backers include Creative Artists Agency and its investment arm, Evolution Media Capital, the Post said. Min, who was allegedly on the short list to replace Graydon Carter as EIC of Vanity Fair, is currently a strategic advisor at Eldridge Industries, which controls The Hollywood Reporter as well as its sister publication Billboard.
 Patrick J. Purcell |
The Boston Herald is being acquired by GateHouse Media. The acquisition comes after Boston Herald, Inc., filed a voluntary Chapter 11 bankruptcy petition in the District of Delaware Dec. 8. According to an article in the paper’s Saturday edition, BHI says that the sale will allow the operation to continue, providing a level of stability for employees, customers and vendors. As of September 2017, GateHouse publishes 130 daily newspapers, more than 640 community publications and over 540 local market websites, reaching more than 21 million consumers weekly. each week. Earlier this year, it acquired Dix Communications in Ohio and Calkins Media in Pennsylvania and New Jersey. “All I ever wanted to do was keep the Boston Herald alive,” publisher Patrick J. Purcell said in a letter to employees. “And it is with this pending sale that I am able to do that in these difficult newspapering times.”
 Emily Gitter |
The Wall Street Journal has named Emily Gitter editor of weekend business and finance. Gitter, who has been with the paper since 2005, will be tasked with leading efforts to create a new weekend business and finance section, as well as coordinating the WSJ’s weekend coverage of business and finance across both print and digital platforms. She has served as editor of the Journal’s Mansion section, which focuses on luxury real estate, since 2012 and before that was deputy editor of Weekend Journal. Before coming to the Journal, Gitter held editorial positions at New York Magazine and the New York Sun.
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.
