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Posts Tagged ‘Newsweek’

Morning Media Newsfeed: Klein Out at WaPo | Dow Jones Chief Resigns | Newsweek Delays Print

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Ezra Klein Out at Washington Post (Politico / Dylan Byers on Media)
The Washington Post announced Tuesday that its star economics blogger Ezra Klein will be leaving the paper to start a new venture. “When Ezra joined us in 2009, he was a wunderkind blogger with brash confidence and a burning desire to write a column in the print newspaper,” Post editors wrote in a memo to staff. “As he leaves us, Ezra is still a brash wunderkind, but now his burning desire has a grander scope: He is looking to start his own news organization, an ambition that befits someone with uncommon gifts of perception and analysis.” FishbowlNY Also leaving are Melissa Bell, WaPo’s director of platforms, and Dylan Matthews, a Wonkblog reporter. FishbowlDC “As early as this week, Klein is expected to announce a new venture — described in a memo to Post staffers as a new ‘news organization’ — that will look to staff more than 30 people on the editorial side alone.” Politico For nearly five years, the Post has steered a bounty of financial resources to its star economics columnist and blogger. It has allowed him to have a contributor deal with MSNBC, a column with Bloomberg View, and to write long-form for The New Yorker. It has provided him with eight staffers to keep Wonkblog, his popular policy vertical, flowing with up-to-the-minute charts and analysis. The PR department has promoted him in profile upon profile. But when Klein proposed the creation of an independent, explanatory journalism website — with more than three dozen staffers and a multiyear budget north of $10 million — the Post said enough is enough. BuzzFeed A quick look at Klein’s “following” list reveals he’s quite recently followed Vox Media CEO Jim Bankoff as well Vox property editors-in-chief Joshua Topolsky (The Verge) and Lockhart Steele (Curbed Network). So are Klein and Vox in talks? BuzzFeed reached out to both Klein and Bankoff, both of whom declined to offer comment on the speculation. NYT / Paul Krugman May I say respectfully to the Post: You idiots! You see, Ezra and his team filled a huge gap. That gap exists throughout the news media, although the Times has, I believe, largely closed it in other ways. But it was especially severe at the Post. CJR / Behind The News Although there had been rumblings of his departure for several weeks, news of Klein’s exit drove enough traffic to temporarily crash Poynter’s website, a fact not lost on some observers. Digiday Digital publishing executives have a message for him: Good luck — you’re going to need it. Starting a sustaining publishing venture is harder than ever. It’s easy to be seduced by the current vogue for “personal brands” and the ability of superstars like Kara Swisher and Walt Mossberg to plant their own flag. But when it comes down to it, this is a roll of the dice for a 29-year-old journalist steeped in the wonkier (and less profitable) public policy parts of the media world.

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Recent NYU Grad Nabs Latest I.F. Stone Award

Former Newsweek and The Daily Beast editor Sarah Blustain shared some exciting news today at her new home. The latest winner of The Investigative Fund’s I.F. Stone Award.

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The prize for the Fall 2013 period has been awared to Natasja Sheriff, a 2011 NYU Master’s in journalism graduate who – yes – spells her first name that way. From the announcement:

Sheriff is currently the international editor for the online publication The Revealer and a Luce Foundation Fellow, both at the NYU Center for Religion and Media. Sheriff comes to journalism after working as a scientist in Asia, where she specialized in water and fisheries research.

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What Not to Say About Newsweek Returning to Print

For some strange reason, IBT Media, which purchased Newsweek in August, is bringing the print version back. The New York Times reported that Newsweek will be a weekly publication dependent on subscribers — who’ll pay more than in the past — to stay afloat. Jim Impoco, editor of Newsweek, told the Times that the revamped magazine will be  ”a premium product, a boutique product.”

If you’re in the media, there’s a chance you might end up talking about this with someone who works at IBT Media. Because FishbowlNY cares, we’ve provided some examples of things not to say during these conversations. Enjoy.

What Not to Say to an IBT Media Staffer About Newsweek Returning to Print

  • “I hear they’re canceling the Internet next year anyway.”
  • “Congrats on being wasted at work!”
  • “Calling Newsweek a ‘premium product’ is like saying that my stained boxer briefs are ‘vintage.’ A fancy label will only make people more disgusted when they finally see them.”

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Morning Media Newsfeed: Newsweek to Print Again | Daily Download Dead | Kennedy Joins FBN

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Newsweek Plans Return to Print (NYT)
Newsweek, the struggling weekly magazine that ceased print publication last year, plans to turn the presses back on. The magazine expects to begin a 64-page weekly edition in January or February, said Jim Impoco, Newsweek’s editor-in-chief. Impoco said in an interview that Newsweek would depend more heavily on subscribers than advertisers to pay its bills — and that readers would pay more than in the past. “It’s going to be a more subscription-based model, closer to what The Economist is compared to what Time magazine is,” Impoco said. CNNMoney The announcement is a remarkable twist in Newsweek’s evolution, coming less than a year after its previous owner, IAC, stopped printing the magazine. The brand was basically left for dead — but now the cover of IAC’s final edition, with the phrase “#LastPrintIssue” rendered as a Twitter hashtag, seems decidedly premature. TheWrap The magazine, which had published weekly since 1933, ran what was expected to be its last print issue on Dec. 31, 2012. Politico / Dylan Byers on Media Newsweek’s ride the past few years has been anything but easy. The Washington Post Company sold the magazine to Sidney Harman for $1 plus liabilities in 2010, upon which Harman joined forces with Tina Brown’s former online publication, The Daily Beast, which is owned by Barry Diller’s IAC/InterActiveCorp. Despite generating some controversy, Brown was never able to bring the magazine back to life. After the print edition folded at the end of 2012, top staff started heading for the exits. Adweek The move runs counter to prevailing print media trends. This week, weekly New York magazine announced it would cut back to a biweekly frequency; other weeklies have generally curtailed their publication schedules over the years amid shrinking print revenue and soaring paper and postage costs.

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Kickstarter Feeds Food Policy Blog Civil Eats

There’s a brand new addition to Kickstarter’s most funded Publishing campaigns page. At around 5:51 p.m. ET last Friday, Civil Eats – a website that keeps a critical eye on the American food system – squeaked by its $100,000 goal and wound up with just a few hundred dollars to spare.

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But the important thing is that the site made its goal. In the five years that Civil Eats has been functioning, co-founders Naomi Starkman and Paula Crossfield (pictured, l to r) have never taken a salary or been able to pay contributors. But thanks to 1,153 backers, a lot of that is about to change:

Now that we’ve raised the initial money – it is after all, a Kickstarter, money to help us kick start our long-term goals – we will begin the process of bringing on a managing editor, create a pay structure to begin paying our writers and contributors, and developing and implementing a membership program to encourage individual support on the site.

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Jim Impoco on the Good Old Days of Time Inc. Expense Accounts

JimImpocoLinkedInDigiday staff reporter Josh Sternberg has a zippy Q&A with Newsweek editor-in-chief Jim Impoco.

We were particularly taken by Impoco’s answer to the question, “Can print magazines ever get back to where they were in their heyday?” and the way he colorfully elaborated on the obvious answer. There’s no town car waiting outside anymore, Impoco notes, and the days of three-martini math are also long gone:

“It’ll never be as quite as lush as it was at 4 Times Square in the ‘90s… I was at Time Inc when I was criticized for not using my expense account as aggressively as I needed to because I was pulling down the average. That won’t happen anymore.”

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The First ‘New’ Newsweek is Out

Not too long ago, the idea of someone putting out a press release about Newsweek would have seemed foolish. Or at least, a press release that does not transition at some point to words like: “And so, it is with deep regret…”

NewsweekTeaseBut there it is. This morning, IBT Media’s proud declaration of what can be found by some 400,000 tablet subscribers in the first edition of its brand-name acquisition:

“We are extremely excited about the launch of this first issue,” said editor-in-chief Jim Impoco. “We’ve assembled an extraordinarily talented group of journalists who are committed to maintaining the quality and editorial integrity of the franchise and who will help lead Newsweek into its new era.”

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Karla Zabludovsky Departs NYT for Newsweek

After linking this afternoon on Twitter to Capital New York reporter Joe Pompeo‘s summary of the first round of staff hires at the “new” Newsweek, here’s how New York Times Mexico City-based reporter Karla Zabludovsky further framed it:

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Zabludovsky is the magazine’s new Latin America correspondent. According to Pompeo, she is just one of several impressive hires. Also enlisted to help revive the brand-name newsweekly are Alexander Nazaryan, coming over from The Atlantic Wire to cover culture and science, and two more:

Newsweek‘s new international editor, Capital has learned, is Nicholas Wapshott, a veteran British journalist who’s held top positions at The Times of London in addition to a role as a contributing columnist at Reuters.

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Newsweek Pakistan Cover is Creative

Newsweek Pakistan’s latest cover, for a piece on female suicide bombers, is sure to grab consumers’ attention.

Be sure to check out its follow-up, which features Hanes briefs for an article on male suicide bombers. We hear the magazine’s creative director is still deciding if the whitey tighties will be soiled or not.

IBT Media Does Not Tolerate Slobs or Midriffs

IBT Media logo GIf you have any intention of working for IBT Media, the owner of Newsweek, you had better be prepared to cover your dreamcatcher belly ring. Politico reports that not only are IBT Media staffers banned from saying anything negative about the company, they must also dress nicely and keep their stomachs covered.

Here’s an excerpt from IBT Media’s employee handbook:

Midriffs are to be covered. Denim jeans, sweat suits, low-rise pants, sneakers, sandals, flip-flops, halter tops, camisoles, baseball caps, sweat suits, T-shirts, tank tops, micro mini-skirts, shorts or anything else that is deemed unprofessional or excessively distracting are inappropriate business attire and should not be worn to work. Hair should be clean, combed and neatly trimmed or arranged.

The best part about this is that someone had to have come to work with their stomach hanging out in order for a policy like this to be implemented. Whoever you are, FishbowlNY salutes you.

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