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Posts Tagged ‘Ravi Somaiya’

Bloomberg Lands Joseph Weisenthal

JosephWeisenthalTwitterProfilePicLate this Tuesday afternoon, Business Insider executive editor Joseph Weisenthal tweeted. That in itself is not at all unusual, but what he conveyed was. After six years with Business Insider, Weisenthal is moving on.

The hard-working journalist timed his tweets to coincide with a New York Times item by Ravi Somaiya. The BI vet will be tasked at his new Bloomberg Media home with building a markets-finance website and hosting a TV show:

Mr. Weisenthal, in an interview on Tuesday afternoon discussing his new position, said he would be “putting together a team of about 10 people,” adding, “We’re planning to just dominate markets news, make it a must-visit destination.” He said he would hire additional staff for the television show.

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Anonymous Website Group Claims to Have Outed Nikki Finke

MankaBrosNikkiFinkeIllustrationA turbulent week of media coverage for Nikki Finke just got a whole lot more turbulent.

Following pieces by BuzzFeed‘s Kate Aurthur and NYT‘s Ravi Somaiya about Finke’s current settlement talks with PMC, a mysterious new website – nikkistink.com – has gone live today with footage it claims is that of the reclusive Hollywood journalist. For those in LA who care about such things – and there are many – the video and multi-camera-angle screen grabs depict a woman the site claims is Finke getting into a black Town car.

From the Hollywood Reporter item about this:

According to two sources who spoke to The Hollywood Reporter on the condition of anonymity, one of whom has met Finke in person in recent years, the woman in the NikkiStink.com video is the real Nikki Finke. A call and email to Finke were not immediately returned.

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Penske to Acquire Fairchild Fashion Media

FFMLogoCondé Nast wouldn’t comment. But according to New York Times media reporter Ravi Somaiya, Jay Penske is about to add an impressive group of media properties to his PMC empire.

From Somaiya’s report:

Condé Nast plans to sell Fairchild Fashion Media, the group behind trade publications like Women’s Wear Daily and Footwear News, to Penske Media for around $100 million, according to a person familiar who has been briefed on the deal.

Fairchild’s employees will go with the new company, the person, who spoke on condition of anonymity to reveal an as-yet unannounced deal, said.

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New York Times Amends Carol Vogel Article

NYTEditorsNoteLogoThe first paragraph of Carol Vogel‘s July 25 New York Times article no longer reads like this. The text has been amended and the following Editors’ Note has been added at the bottom:

Editors’ Note: July 30, 2014
The Inside Art column on July 25, about a planned exhibition of the works of the Renaissance painter Piero di Cosimo, started with a description of the artist’s life and eccentricities. That passage improperly used specific language and details from a Wikipedia article without attribution; it should not have been published in that form. (Editors learned of the problem after publication from a post on FishbowlNY.)

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NYT Reporters Recommend a Few Good Books About Journalism

TheImperfectionistsCoverIn this weekend’s Sunday Book Review, there is a fun, brief item from John Williams. Echoing the general theme of David Carr‘s latest column, he asked Carr as well as Ravi Somaiya, Jonathan Mahler and Peter Lattman to highlight their favorite books about journalism.

The most intriguing comment comes from Lattman. Like Mahler, he chose a work of fiction rather than non-fiction, but not for the reasons you might assume:

Lattman selected The Imperfectionists by Tom Rachman, about a “dying English-language newspaper in Rome. This debut novel from 2010 does a better job of capturing a newsroom and its characters than any non-fiction book I’ve read.”

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Guardian U.S. EIC at Center of Jill Abramson Dismissal

Talk about being an innocent and yet momentous bystander.

JanineGibsonTwitterProfilePicPer an article by David Carr and Ravi Somaiya, the final straw with regards to alleged tensions in the New York Times newsroom triangulated new executive editor Dean Baquet, predecessor Jill Abramson and Guardian U.S. editor-in-chief Janine Gibson (pictured). From their piece:

In recent weeks, these people said, Mr. Baquet had become angered over a decision by Ms. Abramson to make a job offer to a senior editor from The Guardian, Janine Gibson, and install her alongside him in a co-managing editor position without consulting him. It escalated the conflict between them and rose to the attention of Mr. Sulzberger.

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Journos React to Shocking Jill Abramson Announcement

The headline for Ravi Somaiya‘s item about New York Times executive editor Jill Abramson ceding the position to Dean Baquet is typically low-key. The reactions on Twitter are not. Interspersed with a roughly equal amount of “Wow!” and “Whoa!” manual re-tweets, at press time, are the following observations by Nieman Lab director Joshua Benton, freelance writer Ruth Graham and Mashable assistant editor Megan Hess: JillAbramsonTweet1 JillAbramsonTweet2 Read more

Bloomberg Enlists Game Change Authors Heilemann, Halperin

The soon-to-launch website Bloomberg Politics will be the first of what Bloomberg Media Group CEO Justin B. Smith deems “a portfolio of content brands.”

HeilemannHalperinAmazonPics

Per an item by NYT media reporter Ravi Somaiya, New York magazine correspondent John Heilemann and Time editor-at-large Mark Halperin have been hired to shepherd the inaugural vertical. The site will break down American politics and policy. From Somaiya’s article:

The brands will focus on topic areas, but will cut across the various forms of media that Bloomberg offers — television, digital video, print, online, radio and the lucrative subscription financial information terminals that are responsible for 82 percent of the company’s $8.5 billion in annual revenue.

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Rolling Stone Loses Star Reporter Matt Taibbi

MattTaibiPicThe most recent Rolling Stone item by Matt Taibbi is headlined “The Vampire Squid Strikes Again.” That colorful expression is also sticking to the talented investigative reporter tonight as news breaks that he is leaving the Jann Wenner publication for First Look Media.

On Twitter, New York Times reporter John Schwartz quickly surmised that vanguard journalism funder Pierre Omidyar “likes vampire squid,” while colleague Ravi Somaiya closes out his brief exclusive item with the lineage of this Taibbi allegory:

Mr. Taibbi is noted for capturing the spirit of the aftermath of the financial crisis with a series of articles in Rolling Stone that examined the misbehavior of Wall Street executives and the risky lending practices that led to a near collapse of the global economy. He used vivid writing and colorful language to describe the root causes of the crisis, including the now-famous metaphor he used to describe Goldman Sachs, calling the bank “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

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