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Posts Tagged ‘AllThingsD’

Morning Media Newsfeed: Re/code Launches | MSNBC Host Apologizes | WABC Shifts Format

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Kara Swisher, Walt Mossberg Team With NBC for Re/code (TVNewser)
Following their split with Dow Jones, digital dynamos Kara Swisher and Walt Mossberg and their team are partnering with the NBCUniversal News Group for their new venture called Revere Digital. Swisher and Mossberg are the co-CEOs of the new, technology-focused media company which will publish under the name Re/code. Windsor Media will also join Revere as an investing partner. NYT The business will closely resemble AllThingsD, the website and conference brand that Mossberg and Swisher — both prominent technology industry journalists — ran as part of News Corporation. Ties to the media giant were cut last year. PRNewser The AllThingsD name will be no more. Its former URL redirects to “Digits,” the WSJ‘s behind-the-paywall source for news on things that buzz and transmit data. Re/code Why have we chosen Re/code as the name for our new creation? Simply put: Because everything in tech and media is constantly being refreshed, renewed and reimagined. And this is the reinvention of ourselves. Reuters Re/code is just one of several new arrivals in the crowded tech media arena. Last year, Jessica Lessin, another Wall Street Journal reporter, also defected to launch The Information, a premium, subscription-based tech news site. Yahoo! is also preparing a consumer tech site with David Pogue, the former New York Times gadget reviewer. Poynter / MediaWire The Re/code Twitter account has about 9,000 followers as of 11 a.m. ET Wednesday, while @WSJD — previously @WSJtech, which seems to have been an automated feed — has 86,000. The transfer of power seems to have been peaceful, with the AllThingsD account referring followers to Recode.net. AllThingsD.com now redirects to WSJD.

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Kenneth Li Named Managing Editor of New AllThingsD

Well that was fast. Days after Kenneth Li announced he was leaving Reuters after a decade, Business Insider is reporting that Li is joining the forthcoming tech site from the AllThingsD founders, Walt Mossberg and Kara Swisher.

As you know by now, Mossberg and Swisher chose not to renew their contract with Dow Jones, and so they’re striking out on their own, with plans to launch their own tech site soon.

Li will serve as the upcoming site’s managing editor.

Morning Media Newsfeed: Layoffs at Time Inc. | AllThingsD’s NBCU Deal | Fox News Exec’s Pay Out

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Layoffs Ahead at Time Inc. (Capital New York)
Time Inc. staffers were informed Monday that layoffs lie ahead in the New Year, Capital has learned. The publishing giant has implemented cuts in recent years while reining in costs. Less than a year ago, 500 jobs were slashed from the company, which owns magazines including Time, Sports Illustrated and People. During Time Inc.’s quarterly management meeting Monday morning, which convened the company’s top executives and other high-level employees, chief content officer Norm Pearlstine confirmed during an interview with Time managing editor Nancy Gibbs that the cuts will continue next year, according to three sources who were present. Ad Age / Media News Contrary to a report over the weekend, the spinoff is still on track for the second quarter of 2014, according to Time Inc. CEO Joe Ripp, who appeared at the meeting along with Pearlstine and CFO Jeff Bairstow. minOnline In third-quarter 2013, Time Inc. revenue fell to “$813 million from $838 million [in third-quarter 2012], which is part of a pattern that extends back at least to 2008,” according to a recent document filed with the Securities and Exchange Commission that was a preliminary to the initial public offering. Adweek Fortune has a meager online presence, having been a channel of JV partner CNNMoney.com over the course of their eight-year partnership. (Fortune doesn’t say what its dedicated traffic is, but one person familiar with the business estimated it to be around 2 million monthly uniques.) Come next May, that partnership is set to dissolve, leaving Fortune on its own to start a new financial news website.

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Morning Media Newsfeed: White House Photo Spat | Spayd Named CJR EIC | NBCU Wants AllThingsD

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White House Press Corps Snaps Over Photo Ban (FishbowlDC)
The White House Correspondents Association has had enough. And so has just about every other media outlet in America. WHCA and more than 40 other news orgs sent a letter Thursday to White House press secretary Jay Carney to protest the banning of photographers from some White House events. The Obama White House has said in the past that photographers would not be allowed to take pictures of “private” events, but has often released photos of those same events taken by White House photographer Pete Souza. In the letter, the media groups accused the White House of trying to replace “photojournalism with visual press releases.” Politico / 44 The atmosphere in the White House briefing room got heated Thursday afternoon as reporters challenged a spokesman over press access to the president. After delivering a letter arguing that officials are “blocking the public from having an independent view of important functions of the Executive Branch of government,” members of the White House press corps cut into principal deputy press secretary Josh Earnest as he defended the administration’s policies on press access. Politico / Dylan Byers on Media At one point during the briefing, NBC News White House correspondent Chuck Todd told Earnest that if Vladimir Putin issued similar restrictions on the media, the Obama White House “would mock it, [and say] there was no free press.” (Todd later tweeted: “And the press access precedent being set by this (White House) press office will only be followed in a more rigid way by next POTUS. Why we whine.”) National Journal Comparing the White House to the Russian news agency is a hyperbole, of course, but less so with each new administration. Obama’s image-makers are taking advantage of new technologies that democratized the media, subverting independent news organizations that hold the president accountable. Politico / Dylan Byers on Media Hours after protesting the White House policy of banning photographers from certain events, the Associated Press Media Editors and the American Society of Newspaper Editors called on members to stop publishing photos and videos provided by the White House Press Office.

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Morning Media Newsfeed: D, Dow Jones to Split | Inside Reuters Next | BBC Cuts 75


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AllThingsD Parting Ways With Dow Jones (Fortune)
The team behind influential tech site AllThingsD is severing ties with founding owner Dow Jones, a subsidiary of News Corp. Fortune reported last month that AllThingsD co-executive editors Kara Swisher and Walt Mossberg had hired investment bank Code Advisors to find outside investors, as they continued to negotiate with Dow Jones about either ending or extending a partnership agreement that was set to expire on Dec. 31. In the end, however, they were not able to work out a deal. Not only does that mean the AllThingsD team will no longer share content and certain advertising functions with Dow Jones, but also that Mossberg will leave his Wall Street Journal column after 20 years (he has been with the paper for a total of four decades). Dow Jones also will retain the AllThingsD brand. All of this becomes effective at year-end. AllThingsD First things first: We’re keeping the Steelcase hot-seat red chairs. Forever. In fact, we own quite a few now. And we’ll still be scooping and reviewing all things digital right here, at this Web address, for a few more months. So, while we appreciate the teary farewells we’ve been receiving across the Web, they’re premature — not by just months, but by many, many years. GigaOM The decision leaves All Things Digital — which was wholly owned by Dow Jones — in limbo while it tries to find a new media partner or buyer. NYT Dow Jones confirmed on Thursday evening that the company would part ways with Walt Mossberg and Kara Swisher at the end of the year when their contracts expire. Gerard Baker, editor-in-chief of Dow Jones and managing editor of The Wall Street Journal, said in a statement that the Journal was increasing its bet on technology coverage even without Swisher and Mossberg, its most prominent stars. FishbowlNY The separation of AllThingsD and Dow Jones also means the end of Mossberg’s tenure at The Wall Street Journal. He had been with the paper since 1970. TheWrap Swisher and Mossberg launched AllThingsD in 2003, and it quickly became a must-read tech site. Its annual “D” conference is a Who’s Who of Silicon Valley that makes millions of dollars annually for the journalists and Dow Jones. The conference brand had expanded into a media version and to Asia in recent years.

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It’s Official: AllThingsD and Dow Jones Part Ways

It’s official: AllThingsD and Dow Jones are done. According to a statement just released by Gerard Baker, editor of Dow Jones and managing editor of The Wall Street Journal, AllThingsD and Dow Jones will not sign a contract extension. In the memo, the move is billed as “a mutual separation.”

We first heard rumblings that Kara Swisher and Walt Mossberg — the founders of AllThingsD — were trying to find investors that might be interested in buying a stake in the site late last month. To that end, Fortune is reporting that there are talks underway with Comcast and NBC Universal.

The separation of AllThingsD and Dow Jones also means the end of Mossberg’s tenure at The Wall Street Journal. He had been with the paper since 1970.

Read Baker’s full memo below.

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AllThingsD May Separate From Dow Jones

AllThingsD, the tech news site, is rumored to be working its way away from Dow Jones, the News Corp. subsidiary that owns the site. Fortune reports that AllThingsD’s contract expires on December 31, so Kara Swisher and Walt Mossberg — the founders of AllThingsD — are busy trying to find investors that might be interested in buying a stake in the site.

The asking price is rumored to be somewhere between $10 million and $15 million for a 25 percent or 30 percent chunk of the company. Swisher and Mossberg are looking at media companies, and so far three proposals have been submitted; one of which is from NBCUniversal. Other companies that were discussed include Bloomberg, The Washington Post Company and Condé Nast.

As for now, this is just speculation. Swisher and Mossberg could leave to start a new site and AllThingsD could end up remaining under the News Corp. umbrella. Either way, a source told Fortune that Rupert Murdoch “will probably make the final call on what happens.”

Battle of the Twitter Titans? Microsoft and Google Both Express Interest

bktwwtfg.jpgRegardless of the fact Twitter makes no money, and thus far no one has figured out a way to make money from the microblogging service that has saturated the media landscape in the past few months, everyone wants a piece (including Facebook, who recently based their enormously unpopular redesign on Twittery features).

Rumors have been circulating for the last few weeks that Google has been making moves to purchase the site. Now AllThingsD is reporting that Microsoft and Google are both in talks with the company.

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Another Round of Layoffs at Forbes

Forbes+Logo.jpgAllThingsD is reporting that another round of layoffs is on the way at Forbes and more than 50 people will be let go from both the business and editorial side. You may recall the last two rounds of cuts — during which ForbesAuto.com was shuttered — were mainly the result of the web and print operations being consolidated. As Peter Kafka points out, however, there can’t be much reason for this week’s cuts “beyond the fact that the miserable economy has been especially rough on magazines in general and business titles specifically.”

Keith Kelly has the names of a number of people let go including: “Ronda Kass, an art director, and Kasia Moreno, an editorial director. On the dot-com side, Mitchell Martin, head of the breaking-news department, is out along with three of his reporters, Alex Davidson, Lisa LaMotta, and Ruthie Ackerman.” As well as Stewart Pinkerton, one of the five managing editors, whose retirement last week may have been encouraged.

Google News to Include Ads

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Game on? AllThingsD has picked up on the news that Google has introduced ads to Google News. Meaning that as newspapers continue (an increasingly desperate) fight for their lives Google aims to make some money off of what is left. Times are tough all around!

So, will this be the straw that breaks the camel’s back or merely the first domino in a long line that ends with everyone, including Google, paying for content. As Kafka point out this may be just the thing to do it:

In 2006, the World Association of Newspapers demanded that Google News stop indexing its member sites on the grounds that Google was profiting from the use of their copyright material. Agence France-Presse sued Google for the same thing in 2005. At the time, Google News carried no advertisements and hence, no obvious revenue stream. What will they, and other members of the fast-deteriorating newspaper industry say now that it does?

One imagines we won’t have to wait too long to find out.

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