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 ]
Court hears from publisher’s head of investigations about actor’s libel claim over sexual misconduct allegationsThe actor Noel Clarke made calls to some of the women he thought were cooperating with the Guardian prior to the publication of its investigation into his behaviour, leaving them... Continue reading at The Guardian
[ The Guardian | 2025-03-31 19:01:05 UTC ]
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Food-delivery service Wonder is adding digital media to its menu with its acquisition of independent media company Tastemade. Terms of the transaction were not disclosed, but the deal reportedly cost $90 million, according to The Wall Street Journal. The integration of... Continue reading at AdWeek
[ AdWeek | 2025-03-12 19:49:54 UTC ]
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Political news publisher Politico unveiled a new artificial intelligence tool on Monday, the Policy Intelligence Assistant, that lets Politico Pro subscribers instantly generate detailed policy reports using data pulled exclusively from Politico reporting and analysis.... Continue reading at AdWeek
[ AdWeek | 2025-03-06 12:00:00 UTC ]
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The founder has provided digital media services for numerous local companies over the years. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2025-03-04 23:23:32 UTC ]
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For junior bankers using AI to help draft their resumes: Recruitment firms are on to you.Words like “robust” and “meticulous” are telltale signs that banking hopefuls have enlisted AI to polish up their resumes, according to Wall Street executive search firms. Other giveaways are overused... Continue reading at Crains New York
[ Crains New York | 2025-02-26 20:43:18 UTC ]
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Amid rising book bans and attacks on DEI initiatives from the White House, the American Booksellers Association and its members struck a note of defiance at their annual gathering in Denver. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-02-26 05:00:00 UTC ]
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My name is Fred Cunha, and I go to every Super Bowl but have never seen the game. For 51 weeks of the year, I serve as vice president of partnerships development at XR Extreme Reach, a role well aligned with my 25-plus years of broadcast and digital media industry... Continue reading at AdWeek
[ AdWeek | 2025-02-07 11:00:00 UTC ]
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The digital media company Bustle Digital Group, which owns editorial titles including Bustle, Nylon, Inverse, and Elite Daily, was sued last week for nearly $3 million in unpaid rent and related damages by the real estate firm Columbia Property Trust. BDG stopped paying... Continue reading at AdWeek
[ AdWeek | 2025-02-03 17:44:38 UTC ]
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Sales of 'Farenheit 451,' '1984,' 'Animal Farm,' 'The Handmaid's Tale,' and 'Parable of the Sower' all posted large sales gains following President Donald Trump's return to the White House. Two titles by Trump allies also saw sales rise. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-02-03 05:00:00 UTC ]
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The business news publisher Forbes announced a sweeping round of layoffs on Friday, which will affect roughly 5% of its total workforce. A representative for the company confirmed the reductions. In a note shared with staff internally, the newly appointed chief executive... Continue reading at AdWeek
[ AdWeek | 2025-01-31 19:41:55 UTC ]
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The conservative news publisher The Dispatch, which first launched on Substack in 2019, is staffing up and expanding its advertising business amid a nationwide shift in political sentiment. The 27-person outlet generated between $5 million and $10 million in revenue last... Continue reading at AdWeek
[ AdWeek | 2025-01-31 11:48:21 UTC ]
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Digital media company Hearst, home to editorial titles including Esquire, Cosmopolitan, and Country Living, named the marketing agency PMG as its agency of record on Tuesday. According to David Carey, its senior vice president of public affairs and communications, it is... Continue reading at AdWeek
[ AdWeek | 2025-01-30 08:16:11 UTC ]
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Speculation over Google’s antitrust travails mounts as the great and the good of digital media converge to discuss conspiracy theories. Continue reading at Digiday
[ Digiday | 2025-01-28 05:01:00 UTC ]
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The free expression–averse, tariff-happy president is in the White House once more. This time, the book business knows what to expect—mostly. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-01-17 05:00:00 UTC ]
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The bulk of AP’s business comes from selling its journalism to organizations that use it. Google says its artificial intelligence chatbot Gemini will deliver up-to-date news from the Associated Press in the tech giant’s first such deal with a news publisher.Google announced the deal in a blog... Continue reading at Fast Company
[ Fast Company | 2025-01-16 15:10:51 UTC ]
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The political news publisher The Washington Post began laying off 4% of its workforce Tuesday, the latest in a series of headaches to plague the storied news outlet over the last year. The reductions, which will affect fewer than 100 staff in total, will apply primarily... Continue reading at AdWeek
[ AdWeek | 2025-01-07 18:10:08 UTC ]
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Well, well. 2025, miraculously and mundanely, is here. For many readers in America and the world at large, this January represents the beginning of new cycles in more than one way, including the start of a new political reign in the White House that will certainly usher in just the opposite of... Continue reading at Literrary Hub
[ Literrary Hub | 2025-01-03 09:22:16 UTC ]
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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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