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Posts Tagged ‘Lucas Shaw’

Report: to Institute Paywall in First Quarter of 2012

In the wake of today’s announcement that yet another LA Times editor is stepping down, TheWrap’s media reporter Lucas Shaw did a little digging. The result is a pretty interesting article about where the paper may be headed.

Despite a massive increase in web traffic, revenue for has not followed in kind. So, according to Shaw’s sources, the website paywall that has been rumored is coming in the first quarter of 2012, together with a custom tablet. He also offers some info about the next round of layoffs:

New cuts are on the horizon, with 12 to 20 staffers to be laid off sometime after the first of the year, according to one individual with knowledge of the situation. Deeper cuts may well follow after the final numbers for 2011 are in…

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Joseph Kapsch Disputes TheWrap’s Report of His Impending Exit From The Hollywood Reporter*

After only two months at The Hollywood Reporter, deputy web editor Patrick Day has called it quits and is heading back to the LA Times as a writer/senior producer. TheWrap’s Lucas Shaw, who broke the story, writes that not only is Day leaving, but his editor Joseph Kapsch is unhappy at THR under EIC Janice Min, and is planning his own exit from the mag–which Shaw basically calls a sinking ship.

Kapsch confirmed to FishbowlLA that Day is indeed leaving. As is Lindsay Powers, who is a New York freelancer, not a deputy web editor as TheWrap reported. But he took issue with some of Shaw’s characterizations of life at THR under EIC Janice Min and the notion that he is unhappy. In fact, Kapsch had a number of other issues with TheWrap’s story. So we’re running his response in full.

As a hotly-watched media operation, The Hollywood Reporter is used to being covered. Everyone from The New York Times to Elle to Huffington Post have taken notice of our amazing transformation, for which we are grateful. We are additionally grateful for the large, enthusiastic and passionate audience we have amassed in a short period of time.

Today a small blog ran a ridiculous item about me and my online staff, for which I was not even called. Usually, we ignore such nonsense knowing that this certain breed of Hollywood blogger writes based on opinion, agenda and fantasy, not fact. But when it calls into question my character, or that of people who work here, an institution of dedicated and respected journalists, I feel I must say something. We are compelled to respond when it comes to personal and inaccurate statements about staff.

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THR Parent Company Exec Denies His CEO Days Are Numbered

The New York Post continues its excellent reporting on Prometheus Global Media, the parent company of The Hollywood Reporter, AdWeek, and Billboard, with news of an internal memo informing top-tier staff that CEO Richard “Mad Dog” Beckman is surrendering day-to-day managerial duties to his boss, chairman Jimmy Finklestein. All apparently so Beckman can focus on a new branded entertainment unit.

The Post also slants the piece, with help from unnamed insiders, to suggest that the move is a likely prelude to Beckman permanently stepping away from his CEO post. Not so fast, Beckman insists. Reached for follow-up by TheWrap, he refuted the read:

Said Beckman; “I am the CEO, I was the CEO and I will continue to be the CEO.”

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Reuters Deal Kicks Off Busy July for Sharon Waxman

This past Friday, TheWrap launched a dramatic expansion of its content syndication partnership with Reuters America. In place of the Hollywood Reporter and Billboard, the website will try to help Reuters aggressively go after AP clients, aided by new film critics Alonso Duralde and Leah Rozen and added music critic Chris Willman.

It’s a major coup for website founder Sharon Waxman. FishbowlLA caught up with the former New York Times reporter via telephone on the quiet afternoon of July 1 to get the scoop on how the deal came about.

“Reuters terminated the relationship with the Hollywood Reporter,” Waxman confirmed. “This has been in the works for a while now. It’s a very big deal for Reuters to do this, because they have clients who’ve been getting a certain kind of content need for quite a long time and are accustomed to that. So they have to untangle that and sort of prepare their clients for the fact that it’s going to change.”

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TheWrap Wrangles One-Time Premiere Power List Builder

Fred Schruers, who joins TheWrap in mid-July as senior writer, definitely knows his way around a high-powered celebrity interview. His experience with Hollywood’s A-list started at Rolling Stone magazine, encompassing the likes of Michael Douglas, Sandra Bullock, and John Travolta, and later continued apace at Premiere magazine.

Since TheWrap rival The Hollywood Reporter has basically re-invented itself in print as a weekly version of Premiere, it will be interesting to see how Schruers is able to inject himself into the current Hollywood trades quadrangle (perhaps even helping TheWrap edge into print somehow?). As a member of Premiere‘s west coast bureau team, Schruers was a key contributor to the mag’s influential annual Power List overseen by Susan Lyne.

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