FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

Posts Tagged ‘Financial Times’

The Luxury Approach to Newspapers Appears to be Working

WSJSubscriptionPromoIn a December 2012 essay, New Yorker staff writer John Cassidy noted how both the Wall Street Journal and New York Times seemed headed in an elitist digital subscriber direction. This afternoon, he’s back on the same general topic and guess what? It amounts to a “Bit of Good News About Journalism.”

Cassidy reminds that full annual digital subscriptions to these newspapers (once initial promotional rates end) are pricey: $348 for the Wall Street Journal, $455 for the New York Times and $467 for the Financial Times. But for dailies lucky enough to have the right median-income reader and workplace subscriptions base, it seems to be working:

At the Financial Times, the bulk of the company’s revenues now come from digital subscriptions, and the newspaper has been profitable for quite a while. [Spokesperson Rachel] Taub also told me that profits grew in the first half of 2014, driven by a rise in digital revenues. A spokesperson for the Journal wouldn’t comment on its finances, but earlier this month, the newspaper’s corporate sibling, Times Newspapers of the United Kingdom, which publishes the Times and the Sunday Times, recorded its first operating profit in thirteen years. That’s particularly notable because Times Newspapers was one of the first UK publishers to ditch the free-content model. Five years ago, it was losing more than a hundred million dollars a year.

Read more

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!

Daily Newspaper Vet Gives Print Delivery the Boot

MaxBootTwitterProfilePicOver the years, Max Boot (pictured) has worked as an editorial writer and op-ed editor for the Wall Street Journal, assistant national editor at the Christian Science Monitor and as a columnist for the Los Angeles Times. During his high school days in Reseda, California, he was the editor of both the official Cleveland High School newspaper and a second underground publication there.

As Boot writes today in Commentary, he never thought he’d see the day when no newspapers would be delivered to his doorstep. But after downscaling to weekend delivery, he has today officially made the switch to digital subscriptions only:

So what happened? In a word, the iPad. Blame or credit Steve Jobs: I have found that it’s simply easier to read newspapers on my iPad, rather than slogging downstairs to pick up the print copy – if it’s there.

Read more

NewsWhip Compiles Some Impressive Harvard Business Review Stats

Check out the following graph, one of many highlighted in a post today by NewsWhip. From September 1-24, the site sliced, diced and analyzed the social media metrics of seven leading business news sites.

NewsWhipeFacebookSharesPerStory

In terms of overall Facebook engagement, Business Insider is the winner. But as you can see above, when it comes to the social network’s rough equivalent to a per-capita metric, The Harvard Busines Review (HBR) is way ahead.

Read more

NYT Fashion Director Vanessa Friedman: ‘I Get a Lot of Feedback’

HaaretzLogoEarly on in Haaretz’s interview article with New York Times fashion director and chief fashion critic Vanessa Friedman, the former Financial Times reporter pays the readers at her new place of employment a solid compliment:

“The nice thing about the Times is that it has very interactive readers, very engaged readers, and so I get a lot of feedback – definitely more than I did before. It helps me understand who’s reading and their thinking… whether or not we agree with each other.”

Friedman met reporter Sahar Shalev in the lobby of a Tel Aviv hotel. She came to Israel for a visit to the Shenkar School of Engineering and Design and a viewing of fashion design graduates’ final projects.

Read more

Morning Media Newsfeed: Murray Named Fortune Editor | Gunshots Fired at AJ Bureau

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Alan Murray Named Editor of Fortune (FishbowlNY)
Alan Murray has been named the new editor of Fortune. He will be just the 17th editor of the glossy, which was founded in 1930 by the legendary Henry Luce. TVNewser Murray joins the Time Inc. publication following a short stint as president of the Pew Research Center. Murray was CNBC’s Washington bureau chief from 2002 to 2005, where he co-hosted Capital Report With Alan Murray And Gloria Borger. Borger is now with CNN. FishbowlDC Murray joined Pew as president in November 2012. In addition to WSJ bureau chief, he served as deputy managing editor and executive editor of online for the Wall Street Journal. Capital New York Murray replaces longtime Fortune editor Andy Serwer, who is leaving Time Inc. after 29 years. Serwer spent eight years running Fortune, which is one of the company’s most prominent brands along with Time, Sports Illustrated, People and Entertainment Weekly. HuffPost Murray will remain at Pew until Aug. 1. He said that Jim McMillan, general counsel and corporate secretary at the Pew Charitable Trusts, will then take over as “acting president” while the company searches for a new leader.

Read more

Morning Media Newsfeed: ABC News Expands to Apple TV | AT&T, DirecTV Sell Merger

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

ABC News on Apple TV ‘for Everyone’ (LostRemote)
As of 10 a.m. ET Tuesday morning, ABC News is officially available on Apple TV. TVNewser The new ABC offering features a 24/7 livestream made up of news events and anchored reports, a wide variety of video-on-demand-clips, local content from various ABC News affiliates, content from ABC’s 50-year-old archives, and more. The ABC News Apple TV product also offers an extension of ABC News’ broadcast coverage. TVSpy It also offers a local news section, which showcases top video-on-demand clips from some of the country’s biggest markets. At launch, content from eight ABC-owned stations — including WABC in New York, KABC in Los Angeles, WLS in Chicago, WPVI in Philadelphia, KGO in San Francisco, KTRK in Houston, WTVD in Raleigh and KFSN in Fresno — can be found under the “Local” tab. Variety ABC lacks a cable news channel, unlike broadcast peers Fox and NBC. Now, through Apple TV, ABC News has a 24-hour over-the-top network of sorts available on big-screen TVs. CBS, meanwhile, which also doesn’t have a cable news net, has been exploring a similar digital news service for several years. Capital New York Even when there isn’t live rolling coverage, the app will continue to be updated with segments from ABC News programming, as well as live video feeds from events like speeches or a shot of Earth from the International Space Station. On Apple TV, there are already apps for Bloomberg, The Wall Street Journal and Sky News, among others, but ABC marks the biggest bet by far from a U.S. TV news outlet, at least in terms of live coverage and original content. Other channels, like CNN and Fox News, are available for streaming online, but they require viewers “authenticate” that they are pay-TV subscribers. The ABC News app will not require authentication, making it free for everyone.

Read more

Morning Media Newsfeed: AT&T to Acquire DirecTV | NYT Publisher Speaks | CNN Fires Editor

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

AT&T to Buy DirecTV for $48.5 Billion (NYT / DealBook)
AT&T formally agreed on Sunday to buy DirecTV for about $48.5 billion, striking another transaction meant to overhaul the American telecommunications landscape. CNNMoney The boards of the two companies met on Sunday to approve the plan. “This is a unique opportunity that will redefine the video entertainment industry and create a company able to offer new bundles and deliver content to consumers across multiple screens — mobile devices, TVs, laptops, cars and even airplanes,” said Randall Stephenson, the chief executive of AT&T, in a statement. WSJ Just months ago, Comcast Corp. announced a $45 billion agreement to buy Time Warner Cable, a combination that would serve close to 30 million video subscribers, after proposed divestitures. Meanwhile, Sprint Corp. continues to work on a bid for smaller rival T-Mobile US Inc., people familiar with the matter say. The deal for DirecTV gives AT&T almost 26 million pay TV subscribers and a national footprint in the business at a time when the telecom carrier sees video delivery as core to its future. The Associated Press Dallas-based AT&T’s proposed combination could improve its Internet service by pushing its existing U-verse TV subscribers into video over satellite service, and thereby free up bandwidth on its telecommunications network. AT&T currently offers a high-speed Internet plan in a bundle with DirecTV television service. The acquisition would help it further reap the benefits of that alliance. DirecTV would continue to be based in El Segundo, Calif., following the merger. The companies expect the deal to close within 12 months following a government review.

Read more

Emily Steel Headed to the New York Times

EmilySteelTwitterProfilePicIf you’re the New York Times, how do you hope to fight against a week of historically bad PR? Well, one way certainly is to herald – heading into the weekend – the imminent newsroom arrival of another talented woman.

Here’s today’s memo confirming that Emily Steel, in the wake of Brian Stelter‘s flight to CNN, will be moving over from the Financial Times to join the paper’s media desk:

The cheers you’re now hearing around the newsroom are from our colleagues who once worked with Emily at the Wall Street Journal and Financial Times. They had urged us to hire Emily, and having competed against her, it didn’t take much convincing.

Emily spent six years at the Journal and the last two at the FT as its media and marketing correspondent. At the Journal, she contributed several stories to the paper’s Pulitzer-finalist “End of Privacy” series about the pervasive tracking of Americans online, including her high-impact piece about privacy breaches at Facebook. Her media reporting at the FT has been topnotch, including her recent coverage of the proposed Comcast-Time Warner Cable merger.

Read more

Financial Times Launches New York Video Studio

Here’s something that may surprise anyone not already familiar with the Financial Times website. All video is in front of the paywall.

In recent years, video contributions from reporters in Europe, Asia and Africa have overtaken U.S. video content. However, thanks to a brand new fiber-tethered studio launching Monday at FT‘s New York offices, much more U.S. video content will soon be in the offing.

FTNYVideoStudio

“What I’m really focused on, for the rest of this year, is upping the contribution from the U.S. to our video output,” head of video Veronica Kan-Dapaah tells FishbowlNY via telephone. “Although we’ve had a very strong contribution from the U.S., over the last couple of years we’ve really ramped up the amount that we’ve been doing from Europe, Africa and Asia. So that overall, percentage wise, the U.S. contribution has fallen back a bit.”

“We think that the U.S. stories are really key to the editorial,” she adds. “The markets in particular.”

Read more

Morning Media Newsfeed: Walters Signs Off | Abramson/NYT Fight Unfolds | FCC Approves Proposal

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Two Dozen Women of TV News, Barbara Walters’ Legacy, Join Her on Her Final View (TVNewser)
Thursday afternoon, the legacy of Barbara Walters came to life in the finale of her final The View, taped at ABC’s Westside studios and set to air Friday. Mediaite All 11 current and former co-hosts of The View turned up to send off Walters. In an emotional segment, the hosts shared their fondest memories of the program’s founding member and some of the advice that they said guides them in their present careers. THR / The Live Feed Oprah Winfrey and Hillary Clinton were among the surprise guests who showed up to say goodbye. After more than 50 years in TV news, Walters is officially retiring, leaving her co-hosting gig on The View, but she’ll continue to serve as the show’s executive producer and contribute to ABC News on an as-needed basis. The Associated Press Walters brought the hour to a close with a heartfelt statement looking back with amazement on her career, then signing off with a pledge to “take a deep breath and enjoy my View.” But a more telling moment took place during a break, as the throng of women she had paved the way for posed with her for a group portrait. TheWrap The cadre of A-List media stars who gathered for the photo included Winfrey, Katie Couric, Joan Lunden, Robin Roberts, Connie Chung, Gayle King, Maria Shriver, Paula Zahn, Jane Pauley, Savannah Guthrie, Elizabeth Vargas, Lara Spencer, Tamron Hall, Diane Sawyer, Cynthia McFadden, Natalie Morales, JuJu Chang, Amy Robach, Deborah Norville and Hoda Kotb, as well as Walters’ co-hosts, Whoopi Goldberg, Joy Behar, Rosie O’Donnell, Elisabeth Hasselbeck, Debbie Matenopoulos, Lisa Ling, Star Jones, Jenny McCarthy and Meredith Vieira.

Read more

NEXT PAGE >>