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Posts Tagged ‘Business Insider’

Business Insider Hires Anthony Weiner

AnthonyWeiner-1Anthony Weiner — everyone’s favorite shirtless, pompous jerk — is now a columnist for Business Insider.

In a (perhaps satirical?) announcement, BI proclaimed that it was “very pleased” that Weiner would be penning a monthly column titled “Weiner!” Yes, the exclamation point is real.

Why, you ask? Why would BI want Weiner writing for them? Well, aside from being what seems to be an awful person, Weiner is famous. Oh, and some other bullshit:

We believe the unique combination of brashness and wonkiness that made Weiner one of last year’s most memorable candidates and one of the most high-profile advocates for health care reform during his time in Congress will make him a perfect fit for Business Insider.

Weiner’s Weiner! column debuts March 28.

Henry Blodget Corrects Michael Wolff

Consider this a very enlightening episode of new media vs. old(er) media.

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Following the publication of Michael Wolff‘s latest op-ed in USA Today, Henry Blodget tried to get the paper to correct several factual errors. He writes that Wolff/USA Today did not contact Business Insider prior to the publication of the piece, but that’s pretty common when the template is op-ed rather than investigative feature journalism.

Faced with a lack of USA Today correction cooperation, Blodget went ahead and noted the Wolff article mistakes at his end. Our favorite correction:

USA Today says that we recently tried to sell our company for $100 million. This is wrong. We were lucky enough to be approached by a company that was kind enough to express interest in buying us and ask what we might be willing to sell for. As nutty as it may sound, this number was significantly higher than $100 million.

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Morning Media Newsfeed: FiveThirtyEight Is Live | Sony Layoffs Begin | Carney to Resign?

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Statistician Nate Silver’s ESPN Site Kicks Off Amid Blog Frenzy (Bloomberg Businessweek)
Nate Silver, the New York Times blogger who jumped to ESPN last year, introduced his revamped FiveThirtyEight.com website Monday as more traditional media companies seek investments in online journalism. Poynter / MediaWire In an article welcoming readers, editor-in-chief Silver says the fact that he called the 2012 presidential election “was and remains a tremendously overrated accomplishment.” It only stood out “in comparison to others in the mainstream media,” Silver writes. Politico / Dylan Byers on Media The new site already features a number of articles and visualizations on topics ranging from the Crimean independence vote to the efficacy of toilet seat covers to Silver’s highly anticipated March Madness predictions. FiveThirtyEight will also produce podcasts and documentaries. GigaOM Silver said that he doesn’t want his site to replace or supersede traditional journalism, but to fill what he sees as a “need in the marketplace” for rigorous data-oriented journalism. The site’s logo, a stylized fox head, comes from what Silver says is an ancient Greek aphorism about how the hedgehog knows one large thing, while the fox “knows many small things.” Capital New York Remnants of Silver’s time as a data wonk at the Times remain. The site includes an archive of many, but not all, of the FiveThirtyEight articles published when it was a Times brand, dating back to 2009. Several are even bylined by the current head of the Times‘ impending data venture The Upshot: David Leonhardt. Times graphics editor Kevin Quealy also makes appearances in the archives, as well as Thomas Schaller, a professor of political science at the University of Maryland who contributed to the site when it was part of the Times, and Andrew Gelman, professor of statistics and political science at Columbia University. FishbowlDC FiveThirtyEight is back, baby. And for all of you in D.C. journo-land, this likely means you will have no jobs. The overwhelming and undeniable power of Nate Silver‘s math will render your quaint approaches to “newsgathering” as irrelevant as they are devoid of insight. Sorry.

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Bloomberg Pursuits UN Cover Story Shoot Required Four Months of Negotiations

BloombergPursuitsSpring2014Anyone who has signed a check for an expense that has yet to be officially approved by their media company’s accounting department will be able to relate. The following is taken from Paige Cooperstein‘s very informative Business Insider look at what went into the making of Bloomberg Pursuits‘ Spring 2014 issue cover story:

“The paperwork literally wasn’t complete until Wednesday, January 8th at 3:45 p.m. and the photo crew started loading in at 6 p.m. that day,” said Brenda Milis, director of photography for Bloomberg Pursuits.

What really pushed the agreement to the wire was the UN’s $4,309 location fee. The business division of Bloomberg couldn’t okay the charge without a W-9 form, but the UN doesn’t have a W-9 because the international organization doesn’t pay taxes. [Bloomberg Pursuits editor Ted] Moncreiff cut the check himself for the location on the day of the shoot and crossed his fingers that he would get reimbursed later. (He was, thanks to a different document that satisfied the magazine.)

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Morning Media Newsfeed: Flipboard Buys Zite | BBC3 to Go Online-Only | Egypt Tries AJ Staff

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CNN Sells Zite to Flipboard (CNNMoney)
CNN has sold its news reader app, Zite, to Flipboard, a social magazine application. As part of the deal, Flipboard has also teamed up with CNN to launch custom magazines for CNN shows anchored by Fareed Zakaria, Jake Tapper and John King. The deal could be valued as high as $60 million over time, taking into account future advertising revenue, said a source familiar with the deal. TVNewser The sale occurred less than three years after CNN acquired Zite for $20 million. CNN and Flipboard’s partnership will allow CNN to expand its mobile reach and take advantage of Flipboard’s technology and mobile sales strategy. Re/code Zite itself will shut down, but CNN says most of its 20 employees will go to work for Flipboard. Zite CEO Mark Johnson will not be joining them. Forbes / Jeff Bercovici The deal merges two apps that let users aggregate news stories from all over into a single magazine-like experience. Of the two, Flipboard has been considerably more successful: It’s currently ranked No. 5 among free iPad news apps in Apple’s App Store, while Zite is No. 39. Flipboard will absorb the machine-learning technology that Zite uses to personalize news feeds for its users. Mashable The move also divests CNN of one of its most high-profile acquisitions while putting it in front of Flipboard’s users, which according to Johnson number more than 100 million.

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Morning Media Newsfeed: Oscar Selfie Sets Record | Charter Eyes TWC Subs | FCC Dumps Media Study

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Ellen’s Oscar Selfie Breaks Twitter Record (Variety)
Oscar host Ellen DeGeneres herded Meryl Streep, Jennifer Lawrence, Bradley Cooper, Angelina Jolie, Kevin Spacey and others into the most legendary selfie to ever hit the Internet. The sheer number of A-listers packed into the shot apparently caused Twitter to crash, leaving thousands of users locked out. ABC News During the telecast, DeGeneres vowed to set a new record with a photo of her posing with the gaggle of stars sitting in the audience. She had Cooper take the photo, which she captioned, “If only Bradley’s arm was longer. Best photo ever. #oscars” WSJ / Speakeasy The tweet then received more than 921,000 retweets in less than 40 minutes. It went on to get more than a million retweets and counting in less than an hour. The previously most retweeted tweet was one sent by the Twitter account @barackobama when the president won re-election. It simply said, “Four more years.” The Daily Beast The epic selfie needed more than 780,063 retweets to eclipse the iconic victory photo tweeted by Barack Obama in November 2012. It got more than that in just about 35 minutes. AllTwitter By 6 a.m. Monday, the tweet had been retweeted more than 2.3 million times and counting. Indeed, activity around the tweet and the Oscars was so heavy that Twitter experienced a 25-minute slowdown and a full shutdown for some users as the selfie quickly broke the record. Bloomberg Businessweek “We crashed and broke Twitter,” DeGeneres said later from the stage. “We made history.” The Academy of Motion Picture Arts & Sciences, which presents the awards, took credit for the outage. “Sorry, our bad,” the Academy said on its Twitter account. Variety Unexpected demand for ABC’s live stream of the Oscars telecast over the Internet resulted in the video going down for users across the U.S., the network said Sunday. The live video through the Watch ABC app was “down nationwide due to a traffic overload/greater than expected,” a network rep said in an email. As of 10:45 p.m. ET, the feeds were back up, according to the rep, declining to provide additional information.

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NYT Nip Slip Photog Says It Was an ‘Unplanned Moment’

Yahoo columnist Virginia Hefferman tweeted that she likes the photo. Forbes columnist Clare O’Connor re-tweeted her agreement. What do you think of this morning’s hot-button New York Times front page?

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The New York Times are no dummies. They knew today would be a slow news day, and so – voila! The above image has triggered coverage not just here but also over at Business Insider and New York magazine:

The above-the-fold front-page photo, by Israeli photographer Rina Castelnuovo, accompanies a story about Israeli women grappling with one of the world’s highest rates of breast cancer. It shows a woman’s torso replete with a Star of David tattoo, a lumpectomy scar, and, yes, a bit of areola…

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Michael Wolff: Business Insider Should Sell Now

BusinessInsiderLogoMichael Wolff has an opinion on pretty much everything. Does that make him right? No. Does his take matter more than someone else’s? Not really, my friend. But because he talks/writes a lot about media, we end up paying attention. Wolff’s latest target is Business Insider, the business and technology site edited by Henry Blodget. Wolff says it’s time for BI to sell. Before it’s too late.

According to Wolff, BI wants $100 million in cash, and that’s just not going to happen. He says BI should sell for less and do it now, because relying on digital ad dollars to support a business isn’t a good idea:

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Henry Blodget Defends Slideshows

PandoMonthlyLogoPandoDaily has some fun coverage of the moderated conversation the site hosted last night in New York with Business Insider CEO Henry Blodget.

There’s Adam Penenberg‘s item, most notable for the way it recalls a 2005 New York Times op-ed written by Blodget. And there’s this separate bit of coverage from Hamish McKenzie, about portions of the conversation:

Business Insider has copped a lot of flak over its four-year existence for milking slideshows for page views. One example of such criticism: a piece I published that made fun of Nicholas Carlson’s 50-page slideshow about his first Airbnb experience.

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Nick Denton Thinks About Things

A hot rumor currently circulating is that Nick Denton (Gawker’s founder) and Henry Blodgett (Business Insider’s founder) will merge their sites into what we can only imagine would be an endless stream of snarky and/or sanctimonious slideshows. However, according to Denton, there’s nothing to the rumor; he has merely thought about it.

When Gigaom asked Denton if there was any truth to the merger, Denton replied, “No. I told Henry to get in touch if they ever decide to sell. I’m a fan of their editorial management. That’s about it.” Gigaom pressed anyway, asking if BI was going to sell — which they’re not, as far as anyone knows — would he consider buying? “Yes,” replied Denton, via IM.

So there you have it. Denton has thought about something, and might think about something again. Media news!

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