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Posts Tagged ‘Thomson Reuters’

Thomson Reuters CEO Gets an Earful from Newspaper Guild

Chris Roush over at Talking Biz News has a copy of the email recently sent to Thomson Reuters CEO James Smith by The Newspaper Guild of New York.

NYNewspaperGuildLogo
It’s not a bad idea to start off such a missive with a little sarcasm, and thus, the Guild begins by asking “Jim” – ‘Are your paychecks being processed correctly? Because ours aren’t.’ After dropping in a second comical reference to the recent polar vortex, the Guild gets down to complaints business:

Just last week, some Guild members were told that due to a “technical issue,” overtime and differentials will not be paid until the next pay period…

This latest example of payroll incompetence follows major errors in 2012 and 2013 when Guild-covered employees were either over- or underpaid by significant amounts, and were (again) not paid for approved overtime. Guild representatives also are reporting an increase in the number of individual payroll errors, particularly for overtime and time off.

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Inc. Media Welcomes New Editor, Publisher

Inc. Media is into its fourth decade now. The company was founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. In addition to the monthly magazine, it currently counts an average of more than six million monthly unique visitors via Inc.com and The Build Network.

Portrait of Reuters staffer XXX, in New YorkToday is another sterling day for the brand. The company has announced James Ledbetter (pictured) as its new editor and John Donnelly as publisher. As part of these changes, Eric Schurenberg has moved over to the twin posts of president and editor-in-chief. From the announcement:

Most recently, Ledbetter spent more than three years at Thomson Reuters as its op-ed editor, working with notable names such as Lawrence Summers, Mohamed el-Erian, Steven Brill, Jack Shafer and Bethany McLean. He founded and ran Slate’s financial news site, The Big Money, from 2008 until 2010.

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From the Reuters Insurance Beat to Bermuda’s Legal Ranks

LillaZuillTwitterProfilePicFor Lilla Zuill, the path towards a second career as a Bermuda barrister took root in a New York City courtroom during the height of the Wall Street meltdown. As reported recently by her sister distant relative Rebecca in the Royal Gazette, she was able to take inspiration from the unlikeliest of settings:

Lilla covered the legal hearings concerning American International Group and the insurer’s multi-billion dollar legal battle with Starr International Co. “The judge was US District Judge Jed Rakoff in the Southern District Court in Manhattan, and he has been the judge on a number of very high profile commercial matters,” she said. The experience impressed her to such a degree that it made her determined to begin the process of becoming a lawyer.

Zuill completed her UK law degree remotely while still working at Reuters and went on to then apprentice in London with a couple of firms. She returned to her native Bermuda in 2012 and passed the Bar there a few months ago. She is now working at Cox Hallett Wilkinson Ltd.

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Morning Media Newsfeed: TWC Drops CBS Briefly | Zealot to No. 1 on Amazon | Reuters’ Twitter Hacked


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Time Warner Temporarily Removes CBS in Major Cities (NYT)
CBS stations were temporarily removed from cable systems in millions of homes in major cities — including New York and Los Angeles — about midnight on Monday, after protracted negotiations between CBS and Time Warner Cable over fees collapsed. In statements, each side blamed the other. The Consumerist In a bizarre coda to a story full of misinformation and bad math from both sides, the TWC blackout only lasted about 30 minutes, with the cable company explaining, “At the request of CBS, we have halted going dark on their channels.” Good to know that these titans of industry care enough to be this fickle with deadlines and consumers’ viewing options. TVNewser “We are now at war with Time Warner Cable,” CBS CEO Les Moonves said to the LA Times’ Joe Flint. “The outrageous demands for fees by CBS Corporation have forced Time Warner Cable to remove several of its networks,” TWC said in a statement. LA Times / Company Town Although squabbles between programmers and distributors are fairly common, seldom does it reach a point that a signal gets taken off the air, especially in big markets such as Los Angeles and New York. Deadline New York Time Warner Cable now says it has agreed to yet another extension with CBS “while we continue negotiations.” This moves the deadline to Friday, Aug. 2 at 5 p.m. ET.

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Cuts, Changes Come to Financial Video Service, Reuters Insider

It’s been 17 months since Thomson Reuters debuted an online financial video news service, available to Reuters subscribers.

However, much like the recent layoffs dotting the radio landscape, (Cumulus, Clear Channel), Thomson Reuters is doing its own restructuring going forward.

“Reuters Insider launched last year with the goal of bringing exclusive multimedia programming to our financial clients, and today we announced plans to broaden our reach to non-financial audiences,” a spokesperson says. ”The new approach will result in the redeployment of resources and in some cases the reduction of editorial staff.”

The spokesperson is unable to specify the size of the staff cutback.

Steve Adler, Thomson Reuters editor-in-chief, told staffers in an email obtained by FishbowlNY, ”The new approach, with more emphasis on high impact than high volume, will necessarily result in the reduction and redeployment of Reuters Insider editorial staff.”

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Reuters Names First Op-Ed Editor, Other Changes

Reuters has announced that James Ledbetter will be its first Op-Ed Editor. According to a memo received received by Poynter, Ledbetter, who has been Editor-in-Charge of Reuters.com since last year, will be replaced by Kenneth Li. Li was previously Editor-in-Charge of Reuters’ technology and media reporting team.

Joan Rivers|No More News Corp. Deal With NYT|Zuckerman Weighs In On Local Journal Section|Bloomberg In A Reuters Ad|Salinger TK|NYTimes.com Pay Wall

Vanity Fair: Former late night host Joan Rivers: Jay Leno isn’t funny.

Editor & Publisher: News Corp. is no longer in talks with The New York Times over printing The Wall Street Journal.

Forbes: New York Daily News publisher Mortimer Zuckerman calls Rupert Murdoch‘s plan to launch a local New York section of The Wall Street Journal “a brilliant move”, but worries that there may not be enough advertising to go around for all of the local NY news outlets.

AgencySpy: Would you have been able to tell that there are Bloomberg screens in this ad for Thomson Reuters?

J. Alfred Proofreader: Oops, looks like The New York Times forgot to fill a TK in its obit of J.D. Salinger.

Time: Could the Times‘ pay wall plans imply an impending death for the newspaper? “The online-pay-wall plan is the Times saying things cannot continue at this rate. Something has to give, and the paper is hoping it will be its readers’ purse strings. And if not? What would its fans — and its critics — do without it?”

FishbowlNY’s 2009 Lists: The Year’s Biggest Moves In Media

door.jpgThis year — full of flux and uncertainty about where the media is heading — has resulted in a vast number of job changes and departures across all matter of media companies and publications. In almost every field of journalism, big names have either been fired, promoted, retired, or simply moved on to more lucrative positions. Here, we take a look back at the biggest industry shakeups of 2009.

The Biggest Move in Magazines: Stephen Adler leaving BusinessWeek.
When editor Stephen Adler announced his departure from BusinessWeek this October following the magazine’s sale to Bloomberg LP, he wasn’t just making a statement, he was starting a trend. Soon he was followed by some of his former colleagues, like John Byrne and BusinessWeek‘s president Keith Fox, who decided to stay with magazine’s original parent, McGraw-Hill. (Not to mention all of those who involuntarily left the pub not long after.) It takes a lot of chutzpah to up and quit your editor gig in the middle of this turbulent media landscape, it takes even more to get your coworkers to come with you. Fortunately for Adler, he’s already landed another gig at Thomson Reuters.

Runners Up: Time.com managing editor Josh Tyrangiel comes on board as editor at Businessweek; Marie Claire‘s publisher Susan Plagemann joins Vogue; Nancy Berger Cardone of shuttered Gourmet takes Plagemann’s spot at Marie Claire; Janice Min leaves Us Weekly; Mariette DiChristina becomes Scientific American‘s first female editor-in-chief.

More after the jump

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Reuters Redesigns Web Site For Digital Audience

reuters5.jpgLast night, Thomson Reuters launched a new version of their Web site with a more user-friendly interface and sleek design approach.

According to a statement on the site by Reuters editor-in-chief David Schlesinger:

“This site is for you; we want it to be your ticket to a wealth of news, information, and analysis presented in a cutting-edge format, including text, video, pictures, graphics, user interaction, and personalization features (try the new toolbar at the bottom of every page).”

And he’s not lying: the new Reuters.com front page offers a hundred different starting points into the site, including tag clouds (that’s how you know a site is web 2.0). Reuters is also working on developing apps for smartphones and wireless devices, so that the news org will be up to speed with the digital age right after it’s finished cutting 240 employees from its legal department.

Compare and contrast the old and new Reuters’ homepage, after the jump.

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Report: Thomson Reuters To Cut 240 From Legal Division

westlaw.jpgOne day after former BusinessWeek editor Stephen Adler was named editorial director of Thomson Reuters‘ Professional division, Dow Jones reports that the media company will lay off 240 employees from one of that division’s sub-sectors.

According to Dow Jones, the cuts will come from Thomson Reuters’ legal division, which includes the Westlaw database and other information and services for legal professionals. The division employs 13,000 people, meaning layoffs of this size will decrease the staff by less than two percent.

Update: A Thomson Reuters spokesman has confirmed to FishbowlNY that the company’s legal division today told 240 people “across a number of its North American businesses and locations that their positions have been eliminated.” Those let go were “primarily in software and content operations.” Severance packages and “outplacement support” is being offered to all those affected, the rep added.

Thomson Reuters To Cut 240 Positions In Legal Business –Dow Jones Newswires

Previously: Former BusinessWeek Editor Adler Finds A New Home At Reuters

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