When Protocol, a new site focusing on technology coverage, launched in February, expectations were high. After all, the man behind the site—Robert Allbritton, who owns it through his holding company, Capital News—also helped create Politico, one of the most successful digital media companies of the last 20 years or so. And it sounded like Protocol was going to duplicate the Politico model: hire a bunch of talented writers away from leading publications, set them loose on a topic, and then rely on a combination of advertising and high-end subscription revenue to pay the bills. Lather, rinse and repeat until it works. Except that’s not what happened. This week, Protocol laid off 13 of its employees, according to one report, and it appears that more than three-quarters of that total—or 10 staff in all—were reporters and editors. The site’s entire complement of editors and reporters numbered about 25 before the layoffs, according to Protocol‘s About page, which means that Allbritton just laid off almost half of the site’s newsroom. Obviously, no one in the media industry could plan for the pandemic, and it has thrown a wrench into the revenue plans of virtually every news publisher out there, big or small. Companies have been cutting salaries, putting reporters and editors on paid leave, and taking other steps to curb their spending in the hope that they can survive the virus-triggered downturn in advertising. But it’s difficult to think of a publisher that has taken the kind... Continue reading at 'Columbia Journalism Review'
[ Columbia Journalism Review | 2020-04-23 11:45:31 UTC ]
The digital media company BuzzFeed successfully sold its food property, First We Feast, to a consortium of investors Thursday morning for $82.5 million, effectively solving the short-term financial crunch that it had been facing. But the spin-off still leaves BuzzFeed... Continue reading at AdWeek
[ AdWeek | 2024-12-12 20:17:14 UTC ]
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The digital media company Conde Nast laid off a number of its top executives, along with key events, social media, and editorial staff, in a targeted round of cuts Thursday evening, according to interviews with four current and former staff. A representative for the... Continue reading at AdWeek
[ AdWeek | 2024-12-05 23:23:59 UTC ]
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The digital media company BuzzFeed Inc., which owns BuzzFeed, HuffPost, and the properties Tasty and First We Feast, is facing a potential $124 million debt crisis related to funds it raised in June 2021 to finance its acquisition of Complex Media. According to the... Continue reading at AdWeek
[ AdWeek | 2024-12-04 11:00:00 UTC ]
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Donald Trump is coming back to the White House, but don't expect another “Fire and Fury,” or much fire and fury in book publishing in general Continue reading at ABC News
[ ABC News | 2024-11-26 14:46:31 UTC ]
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A new study led by a USF St. Petersburg researcher will track youth through 2050 to assess the long-term impacts of digital media use. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2024-11-25 13:47:11 UTC ]
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Merging of daily newspaper and celebrity magazine employees is latest move by owner, Reach, to cut costsThe Daily Mirror is to merge its staff with those on the celebrity title OK! magazine in the latest move by the UK’s largest commercial news publisher to further cut costs.The plan to combine... Continue reading at The Guardian
[ The Guardian | 2024-11-23 15:06:40 UTC ]
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Story showcasing text messages between Palestinian friends at start of Israel-Gaza war claims gong at 69th annual awardsGuardian Australia has claimed an award for innovation at the 69th annual Walkley awards for excellence in journalism.At the awards evening in Sydney on Tuesday, a team of... Continue reading at The Guardian
[ The Guardian | 2024-11-19 11:16:40 UTC ]
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The artificial intelligence firm OpenAI is paying the digital media company Dotdash Meredith a minimum of around $16 million per year to license its content, according to public financial documents from IAC, the parent company of Dotdash Meredith. The figure is a minimum... Continue reading at AdWeek
[ AdWeek | 2024-11-18 09:18:13 UTC ]
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Gov. Kathy Hochul is looking to revive congestion pricing with reduced tolls before President-elect Donald Trump has a chance to kill the program, albeit with a lower charge that likely would diminish the plan’s impact on easing Manhattan traffic.The governor is in talks with federal transit... Continue reading at Crains New York
[ Crains New York | 2024-11-13 11:03:11 UTC ]
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Brands are always on the hunt for new audiences. At ADWEEK's Mediaweek event in New York last week, executives from Coca-Cola's Bodyarmor Sports Nutrition and news publisher The Shade Room discussed how they're expanding their audiences by working with influencers and... Continue reading at AdWeek
[ AdWeek | 2024-11-04 19:20:03 UTC ]
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The digital media firm Remezcla Media Group partnered with the National Football League Wednesday in a bid to help the league grow its Hispanic fan base and sponsorship offerings. The tie-up is the latest in a series of efforts from the NFL to expand its viewership by... Continue reading at AdWeek
[ AdWeek | 2024-10-23 12:00:00 UTC ]
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Meta has made it very clear to Australians that they do not value our journalism or our public interest mediaThe joint select committee on social media and Australian society tabled their interim report on Monday, recommending that the government explore alternative revenue mechanisms to... Continue reading at The Guardian
[ The Guardian | 2024-10-22 04:53:35 UTC ]
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The financial news publisher Bloomberg Media is launching a Weekend Edition product on Friday, part of a broader initiative to boost subscriber retention and increase weekend readership. The content will focus on the intersection of finance and culture, a small departure... Continue reading at AdWeek
[ AdWeek | 2024-10-18 12:00:00 UTC ]
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Digital media firm G/O Media filed a lawsuit in Delaware court last month against Paste Media, according to public records obtained by ADWEEK. (ADWEEK) Continue reading at AdWeek
[ AdWeek | 2024-10-14 11:55:00 UTC ]
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The digital media firm G/O Media filed a lawsuit in Delaware court last month against Paste Media, according to public records obtained by ADWEEK. The lawsuit alleges that Paste Media breached the contract the two parties signed last year when Paste Media acquired the... Continue reading at AdWeek
[ AdWeek | 2024-10-11 18:17:58 UTC ]
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The digital media company Vox Media signed the YouTube creator Kenny Beecham to its podcast network Friday, part of a broader strategy from the company as it seeks to position its podcast portfolio as a multichannel offering that goes beyond audio. "As video has become a... Continue reading at AdWeek
[ AdWeek | 2024-10-11 13:47:00 UTC ]
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Online publication takes out two out of three nominations for digital media innovation, including interactive based around messages between friends in Gaza and US Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGuardian Australia... Continue reading at The Guardian
[ The Guardian | 2024-10-10 06:09:24 UTC ]
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Despite the entertainment industry having more streaming services than ever, Whoopi Goldberg and digital media veteran Larry Adams thought something was missing. That's where BLKFam comes in. Founded by Adams, BLKFam is a free, Black-owned, advertising-based... Continue reading at AdWeek
[ AdWeek | 2024-10-01 13:28:38 UTC ]
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The digital media company Vice relaunched its print magazine and debuted its first subscription product on Tuesday, part of a broader renaissance of the publisher following its May 2023 bankruptcy filing. The revival is the byproduct of a joint venture between Vice Media... Continue reading at AdWeek
[ AdWeek | 2024-09-24 13:00:00 UTC ]
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