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Posts Tagged ‘Bloomberg BusinessWeek’

Morning Media Newsfeed: Gawker Shakes Up Leadership | Guardian EIC to Step Down

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Gawker Makes Leadership Changes (FishbowlNY)
Nick Denton has announced some major changes to the leadership structure at Gawker Media. Instead of Denton having all the oversight, a collective of seven managing partners (including Denton) “will consult on major matters such as tech investments and the reassignment of department heads,” according to a memo. NYT The move was in part because of the company’s editorial failures in the last year. Denton said he would stay on as chief executive and remain involved in the company’s future, but that recent failures in management had shown he needed more support. Politico / Dylan Byers on Media The move, Denton said, was part of an effort to scale back his day-to-day managerial roles and return to blogging, which he called “the only truly new media in the age of the Web” and “the essential act of journalism in an interactive and conversational age.” The move also suggests that Gawker Media may be gearing up for an acquisition or merger of some sort. Denton said that no such activity was afoot. GigaOM The new management structure will make it easier to respond to the increasing competitive threat from sites like BuzzFeed and Vox, Denton said, since decisions will be made by the committee as a whole rather than everyone having to try and get the founder’s attention at the same time. The new group includes former Deadspin editor Tommy Craggs as head of editorial operations, effectively replacing editor-in-chief Joel Johnson, who announced recently that he had been fired. Capital New York The rest of the managing board includes president Heather Dietrick, chief strategy officer Erin Pettigrew, advertising head Andrew Gorenstein, chief operating officer Scott Kidder and chief technology officer Tom Plunkett, who will continue to work on the product side but shed the title of CTO. The memo also mentions that Gawker’s revenues are up 30 percent year-over-year and the company has hired Paul Sundue to head Studio@Gawker, the company’s in-house native advertising agency.

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Copy Editing: Intro

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Bloomberg, Businessweek to Merge Sites and Become ‘Bloomberg Business’

bloomberg media logoMichael Bloomberg is making some big changes to two of his most popular brands. According to The Financial Times (via USA Today), Bloomberg.com and Businessweek.com are going to merge and become one site — Bloomberg Business.

The change is expected to occur next year. As of now, BloombergBusiness.com directs to Bloomberg.com.

Justin Smith, CEO of Bloomberg Media Group, told the FT that Bloomberg Business “is going to be our flagship” and ”be the broadest-facing brand, like Businessweek is in magazines.”

Word on the street is that the logo for Bloomberg Business will be a large illustration of Bloomberg’s head with cash stuffed into his ears. We haven’t been able to verify that rumor just yet.

Coming Soon: The Martha Stewart Café

martha_stewart_living_logoWe can’t guarantee that the results of this potential strategy will work. But perhaps those of you who have a) had pitches rejected by one or more Martha Stewart Living editors and b) need to make some cash in the meantime can consider the capital-B next best thing. Applying to be a barista at the publication’s forthcoming eatery.

From a report by Bloomberg News’ Kelly Gilblom:

Martha Stewart Café will open in the Starrett-Lehigh Building in Manhattan’s Chelsea neighborhood, where the domestic maven’s company headquarters are located. Café managers now are hiring baristas, according to Claudia Shaum, a spokeswoman for Martha Stewart Living Omnimedia (MSO:US) Inc.

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It’s Taylor Swift Closeup Week

Apparently the creative departments of Time and Businessweek are big fans of Taylor Swift; specifically her face.

We like these two covers lined up like this. It gives the impression that Swift is a storm growing in power, ready to overtake us all with her mediocre pop music and carefully crafted yet still hollow personality.

Tim Cook Comes Out as Gay in Businessweek Essay [Updated]

Tim Cook, Apple’s CEO, just came out as gay in a moving essay he penned for Bloomberg Businessweek. Cook writes that while he has never publicly discussed his sexuality before, he felt now was the right time because he realized doing so could help others:

I don’t consider myself an activist, but I realize how much I’ve benefited from the sacrifice of others. So if hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it’s worth the trade-off with my own privacy.

“I’ll admit that this wasn’t an easy choice,” adds Cook. “Privacy remains important to me, and I’d like to hold on to a small amount of it.”

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Clinton Cargill Joins Businessweek, Jill Geisler Changes Roles at Poynter

A couple Revolving Door items for you today, involving Bloomberg Businessweek and Poynter. Details are below.

  • Clinton Cargill has been named the new director of photography for Bloomberg Businessweek. Cargill was most recently the New York Times Magazine’s photo editor, a role he held since 2006. He had been with the Times since 2004.
  • Jill Geisler is changing her role at Poynter to Poynter affiliate. The change will go into effect in January. Geisler had served as senior faculty, leadership and management for 16 years. Beginning next year, Geisler will focus more on her own private leadership training consulting.

Morning Media Newsfeed: WaPo Reporter Detained in Iran | Bloomberg Hires Topolsky

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WaPo Reporter, Other Journalists Appear to Have Been Detained in Iran (The Washington Post)
Three American citizens, including the Washington Post’s correspondent in Iran, appear to have been detained this week in Tehran, U.S. officials and the newspaper said Thursday. FishbowlDC Jason Rezaian and his wife, Yeganeh Salehi, are among four individuals — including two unnamed American freelance photojournalists — detained without explanation. Mediaite Salehi, an Iranian citizen, works for a paper out of the United Arab Emirates. The Post does not know why they were detained or by whom; Rezaian’s family has not issued a comment. The State Department said it was aware of the incident but revealed no further information. HuffPost Rezaian has been based in Iran since 2008 and with the Post since 2012. He most recently reported Friday from Vienna on talks over Iran’s nuclear program. Laura Rozen, a reporter with Al Monitor, tweeted that she saw Rezaian on Saturday and that he was planning to fly back that night to Tehran. NYT Hamid Babaei, a spokesman for Iran’s mission to the United Nations, said it, too, was “following up on the case” and would notify reporters when it had any news. The Committee to Protect Journalists, a press freedom advocacy group, called on the Iranian authorities to explain their actions, and to release those it was holding. The U.S. does not have diplomatic relations with Iran. The Swiss government, which has an embassy in Tehran, acts on behalf of American citizens in the country.

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Cover Battle: Businessweek or Town & Country

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Welcome back to another edition of FishbowlNY’s weekly Cover Battle. This round we have Bloomberg Businessweek taking on Town & Country. Businessweek went with an illustration of Dov Charney in what is probably his favorite place to be. As for whether he’s allowed to be there, well, that’s debatable.

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Bloomberg Media Sets Timetable for Politics, Business Sites

BloombergLPPromoThere was a two-hour town hall meeting at Bloomberg L.P. last week. And as Joe Pompeo recounts in his very informative Capital New York piece, some important details were shared about the media group by Bloomberg Businessweek EIC Josh Tyrangiel:

Employees were informed that the first in a planned suite of “digital-led multi-platform brands,” a politics site being developed by high-profile political journalists and Game Change authors John Heilemann and Mark Halperin, both poached by Bloomberg in May with annual salaries reported to be north of $1 million, will debut on October 6 – 30 days before the 2014 Midterms — in tandem with a daily half-hour television show hosted by the duo that will air in Bloomberg TV’s 5 p.m. time slot as well as streaming online…

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Morning Media Newsfeed: BBC News to Cut 500 | Networks Book Clinton

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BBC News Division to Cut 500 Jobs (Forbes)
BBC News is preparing to announce 500 more job losses, as part of its ongoing cost-cutting program, and that industrial action could well follow. The Guardian Up to 600 job losses are expected to be confirmed in BBC News, with around 80 posts going in BBC Radio, with full details of the cuts expected to be announced next month. Politico / Dylan Byers on Media The cuts, which will be phased in over a two-year period, will reduce BBC’s staff of 8,000 by roughly 6 percent. The Telegraph It currently employs around 5,400 journalists, all of whom are expected to be assessed under an appraisal system throughout this year. James Harding, director of news and current affairs, has already warned staff the BBC is only half way through its cost-cutting drive, with 14 percent of its budget having to be reduced by 2017. HuffPost In February 2013, BBC journalists went on strike to protest job cuts, which, at the time, were rumored to be around 2,000 lost positions in years ahead. Just last month, the BBC offered a 1 percent pay increase to employees earning less than £50,000 — or around $68,000. The small pay raise was blasted by trade unions, calling it “completely unacceptable” and blaming the company’s poor leadership for the cost cuts. BBC employees have reacted similarly to the stirring rumors of the layoffs ahead.

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