 Randall Lane |
Randall Lane has been named chief content officer at Forbes. Lane will focus on integrating editorial content across digital and print, developing more editorial franchises and working with contributors and the Forbes editorial team to develop more multiplatform reporting. In addition to his new role, Lane will also continue to serve as the editor of Forbes Magazine. He joined Forbes in 1991 and has served as reporter, staff writer and Washington bureau chief. “Randall is a unique and talented leader at Forbes,” said Forbes Media CEO Mike Federle. “He’s the perfect fit for this position as we continue to expand globally, build new editorial initiatives, reach new audiences and evolve to adjust to changing consumer behaviors.”
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Following on the heels of what the New York Post reports is a $100 million operating loss for 2017, Condé Nast appears to ready to perform some major surgery to the corporate side of its business—and the cuts aren’t just being considered for the print side of the company. According to the report, the company’s entertainment division, Condé Nast Entertainment, is also said to be under review. So far this year, there have been two rounds of layoffs at the company, paring over 200 jobs. With Hearst having acquired Rodale and Meredith sealing its deal to buy Time Inc., Condé is being suggested as a potential acquisition target itself. While Amazon, Google, Apple, Hearst and various venture capital firms are part of the rumor mill as regards possible buyers, the Post says company insiders say there no plans at present to sell the company.
 Jim Roberts |
Cheddar, a streaming financial news network that focuses on stocks and technology and is broadcast daily from the floor of the New York Stock Exchange, has named Jim Roberts editor-in-chief. Roberts comes to Cheddar from the public strategy firm Mercury, where he has served as managing director. He has also worked as an editorial consultant for The Hill, was executive editor and chief content officer at Mashable, and spent over 25 years at the New York Times. Roberts’s hire is part of a drive by Cheddar to beef up its editorial product, an effort that includes the launching of a news reporting unit to be called “Cheddar Scoops.”
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.
Trump Media and Technology Group Corp. has replaced CEO and former California Congressman Devin Nunes with Kevin McGurn, a seasoned media sales executive.
