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Posts Tagged ‘Peter Kafka’

Jill Abramson Added to NYC Re/code Event

Right after Labor Day, former New York Times executive editor Jill Abramson will make her first non-commencement-address stage appearance since being booted from the Grey Lady. As part of a Thursday September 4 Re/code Code/Media series event.

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From co-producer Peter Kafka’s note:

You may not be familiar with [Meredith] Valiando Rojas. But there’s a good chance your kids have been to one of her shows, or want to go: she’s the CEO of DigiTour, the Live Nation for the Web video generation, which puts on sold-out concerts featuring YouTube and Vine stars. And if that seems odd to you, that’s just fine with her: Ryan Seacrest and Conde Nast’s Advance Publications are already believers.

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Mediabistro Course

Magazine Writing

Magazine WritingStarting September 4, learn how to get your work in top publications! You'll learn how to create captivating stories editors will want and readers will love, understand which magazines are right for your stories, craft compelling pitch letters, and more! You'll leave this class with two polished articles and corresponding pitch letters. Register now! 

Departed BuzzFeed COO Joins MailOnline

Some big media boardroom news today via Re/code’s Peter Kafka. Jon Steinberg, the recent and former president-COO of BuzzFeed, has jumped to one of the very few other American websites that can rival Jonah Peretti‘s operation for traffic:

Steinberg is running the American version of the U.K.-based Daily Mail’s enormous website, formally known as MailOnline.

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Quartz Adds Two, Promotes a Third

DanFrommerPicDan Frommer (pictured) is the new technology editor, starting this Friday; Annalisa Merelli is joining the Ideas team as a reporter; and Matt Phillips is now a markets and finance editor. Below is parsed info from the internal memos sent out by Quartz president and EIC  Kevin Delaney.

Frommer:

Dan is an experienced tech writer, beginning at Forbes and then from 2007 as one of the founding staff (with Henry Blodget and Peter Kafka) of Silicon Alley Insider, which later became Business Insider. He coded early versions of the site and wrote 5,700 posts while there.

Dan launched his own tech news site in 2011 called SplatF. Dan’s posts are rooted in scoops of analysis – and charts. This Netflix/AOL subscriber chart is my favorite example. We’re looking to Dan for much more of this great analytical and visual coverage of the tech industry for Quartz.

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Tim Armstrong Apologizes for Conference Call Canning

We’re not sure why it took AOL CEO Tim Armstrong two full business days to circulate an internal apology for his on-the-spot firing of Patch creative director Abel Lenz while chairing a Friday August 9 company-wide conference call. But per Romenesko, Peter Kafka and others, that missive has finally been dispatched:

Internal meetings of a confidential nature should not be filmed or recorded so that our employees can feel free to discuss all topics openly. Abel had been told previously not to record a confidential meeting, and he repeated that behavior on Friday, which drove my actions…

On Friday I acted too quickly and I learned a tremendous lesson and I wanted you to hear that directly from me…

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AOL Partners with Taboola for More Video Views

AOL recently carried a report about Taboola being enlisted by Hearst and TIME to try and help those media companies generate more video-view revenue. They must have liked what they heard, because now AOL has partnered directly with the same company.

Per Peter Kafka of All Things Digital, the AOL move will layer in Taboola’s video recommendations widget in place of a previous deal with Outbrain. From Kafka’s item:

Video used to be a small business for AOL but has grown dramatically, primarily via its acquisition of video syndicator 5Min, which AOL bought in 2010. That year AOL did about $10 million in video revenue; last year [CEO Tim] Armstrong said the company was going to do $100 million in video.

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New York Times to Sell About.com

The New York Times Company has found a company willing to take on the albatross that is About.com. All Things D is reporting that Answers.com has signed a letter of intent to buy the site from the Times for about $270 million.

“The deal hasn’t closed yet, and I’m told that Answers’ backers — PE firms Summit Partners and TA Associates — are trying to line up financing,” explains All Things D’s Peter Kafka.

Though the Times bought About.com for about $410 million in 2005, we’re sure its execs are crossing their fingers that this deal goes through, because the site has been dragging the Times down for awhile now. The most recent example was the Times taking a $195 million write down on the venture in the second quarter.

Major Layoffs at The Daily

Is 18 months of ambitious deficit financing enough to determine it is no longer worth pursuing a particular online news gathering path? Some would say yes, and today, that is exactly what News Corp. has decided.

Peter Kafka of All Things Digital was first with the news. His report was soon followed by a message from editor-in-chief Jesse Angelo and a public press release:

- A total of 50 full-time employees, 29 percent of the full-time staff, will be released.

- The Sports and Opinion sections, which saw the lightest traffic, are being reorganized. Sports reporting will now be provided by content partners, like Fox Sports, while existing features like photo galleries and the ability to track favorite teams via a customizable sports page will remain. The Daily will no longer have a standalone Opinion section. Opinion pieces and editorials will appear in the news pages, clearly marked, from time to time as appropriate.

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Bleacher Report on the Verge of Ideal Exit Strategy

Talk to any Internet content startup exec these days and they will tell you the same thing. The most realistic goal is to build a viable niche community and then wait for a moneyed M&A pal to come calling.

Such appears to be the case with Bleacher Report, the gargantuan sports site based out of San Francisco. Per a report yesterday by AllThingsD’s Peter Kafka, months of talks with Turner Broadcasting System Inc. now seem to be at the bottom-of-the-eight-inning stage:

People familiar with both companies say they haven’t agreed on final terms, but are now negotiating exclusively and have agreed on a price: If the transaction goes through, Time Warner’s cable network unit is set to pay more than $200 million for the sports site.

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The Best Romenesko Reactions

You probably already know this by now, but last night Jim Romenesko — a man widely respected in the media world — resigned early after a ridiculous piece by Poynter’s Julie Moos went up during the day. In the article, Moos attacked Romenesko for the very thing everyone thinks he does the best: Crediting sources and linking.

Moos’ take was so off base and wrong that everyone immediately lashed out at it and her. Romenesko was taken aback by it too, so he quit earlier than he planned to, telling the New York Times, “This really did throw me for a loop.”

A loop is putting it lightly and politely. Romenesko was Poynter, and for them to do that to him was almost surreal. We hope Moos enjoyed writing that, because now that Romenesko is gone, the site’s traffic will disappear too. But enough from us, let’s take a look at some of the best reactions from around the blogosphere.

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News.Me Inches Closer to Launch

News.Me, the iPad news aggregator app, is finally close to launching, according to Peter Kafka. He cites a new website that lists pretty much everything one would need to know about the app, as evidence.

This is big news because News.Me has the approval of publishers that traditionally have opposed aggregating, such as The New York Times and the AP. Other companies that have signed on include AOL, Gawker Media, Mashable, Forbes and Business Insider.

Some details about the app: It costs $.99 cents a week (or $34.99 per year), it gathers news from popular Twitter news feeds and places them into one simple, streamlined feed for users, and publishers who participate with News.Me gain some of its profits.

The revenue sharing is great for those publishers, but any that don’t participate with News.Me still get their information aggregated by the app, while getting left out of the payday. Maybe that’s why such big powerhouses like the Times and Gawker are in on the deal.

FishbowlNY wonders what Bill Keller thinks of his paper partnering in a service that seems to do exactly what he always rants against. We’re guessing it’s probably nothing nice.

UPDATE:
According to The New York Times, News.Me will be available in iTunes beginning tomorrow.

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