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Posts Tagged ‘Todd Larsen’

Morning Media Newsfeed: Snyderman Apologizes on Air | Elliott Takes NYT Buyout

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Dr. Nancy Snyderman Apologizes: ‘Good People Can Make Mistakes’ (TVNewser)
Dr. Nancy Snyderman returned to NBC News Wednesday morning to report a story on depression in America. But the segment began with Matt Lauer pressing her on why she violated a voluntary quarantine following an Ebola reporting trip to Liberia. PRNewser Rather than just saying she was sorry for breaking the rules, she and Lauer got more specific about what exactly went wrong. Besides “scaring my community,” she says she was guilty of “adding to the confusion of terms.” THR Snyderman initially apologized for her team violating its voluntary quarantine, but now, almost two months later, she’s admitted that she, herself, broke the rules and apologized for that. “I’m very sorry for…scaring my community and the country,” she said on Wednesday’s Today, later adding, “I stepped outside the boundaries of what I promised to do and what was expected of me and for that I’m sorry.” HuffPost Snyderman had been absent from the network since October after traveling to Liberia with an NBC News crew — which included cameraman Ashoka Mukpo, a former Ebola patient — and then failing to voluntarily confine herself to a 21-day quarantine. Her actions caused outrage and heightening fear among the public after discovery that her colleague had contracted the virus. Snyderman issued a statement shortly after breaking quarantine in October, but questions lingered about the date of her return to the network (or whether she would return at all). Variety Snyderman’s colleague eventually recovered from the disease, and Snyderman and the rest of her team remained symptom-free. Wednesday, she added that she hopes her mistake hasn’t drawn attention from the bigger story.

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Time Inc. Searches for People Exec Editor

Time Inc. needs People to rake in the cash, and so it is on the hunt for an executive editor to oversee the magazine. According to The New York Post, Time Inc. CEO Joe Ripp has hired executive search firm Edon Zehnder to find the person, who will also oversee Entertainment Weekly.

People, which has long been Time Inc.’s biggest earner, has struggled recently. If People falters, Time Inc. does too. It’s not just People though. Ripp admitted during an earnings call that many of the companies weeklies were underperforming.

“Late in the quarter, our print advertising revenues weakened principally across our entertainment news and sports titles, and these booking trends have continued into the fourth quarter,” said Ripp.

Whoever ends up with the executive editor role will have plenty of work to do.

Alan Murray Named Editor of Fortune [Updated]

Alan Murray has been named the new editor of Fortune. He will be just the 17th editor of the glossy, which was founded in 1930 by the legendary Henry Luce. Murray most recently served as president of the Pew Research Center. He had been with Pew since 2012.

Prior to joining Pew, Murray worked at the Wall Street Journal in a variety of roles, most recently deputy managing editor and online executive editor. During Murray’s 10-year stint as the Journal’s Washington bureau chief, the bureau won three Pulitzers.

“Alan’s diverse background uniquely positions him to lead Fortune,” said Time Inc.’s executive VP, Todd Larsen, in a statement. “He is a digital champion and media visionary who can bridge every aspect of our business, moving effortlessly from the newsroom to the boardroom to television to conference stage.”

Murray will succeed Andy Serwer, who is leaving Time Inc. after 30 years.

Update (12:00 pm):
Below is Murray’s note to Pew staffers, announcing his decision to leave.

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Scott Havens Departs The Atlantic for Time Inc.

Scott Havens, president of The Atlantic, is leaving to join Time Inc. as senior vice president of digital. Havens had been with The Atlantic since 2009; he was named president of the magazine in 2012.

In memo to staffers, Atlantic Media’s CEO David Bradley said that the move came as a surprise, but Havens was more than qualified to take on the Time Inc. role. “He [Havens] is a remarkable media talent and a deeply fine man,” wrote Bradley. “Further, he leaves The Atlantic in what we believe to be, at least financially, the publication’s high water mark in 157 years… Scott is a gifted man, cut from that very cloth Henry Luce intended for his legendary organization.”

Todd Larsen, Time Inc’s executive VP, agreed with Bradley’s sentiment. Larsen proclaimed that Havens was the “ideal executive for this role” in a note to Time Inc. staffers.

Havens starts at Time Inc. on March 31.

You can read both Bradley and Larsen’s full notes below.

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Sports Illustrated Launches Video Network

Sports Illustrated is dipping its feet into the video pool with the launch of 120 Sports, a streaming sports network. The site and app will offer around-the-clock original programming and game highlights from NASCAR, MLB, NHL, NBA and more.

“120 Sports is an innovative, addictive product that will give sports fans an amazing amount of always-on sports content and great technology so they can engage with news and highlights wherever they are,” said Time Inc.’s executive VP, Todd Larsen, in a statement. “The product will offer Sports Illustrated fans a terrific complement to our editorial coverage, and as a business partner Time Inc. will have a stake in an enterprise with tremendous promise.”

Two items to note about 120 Sports: 1) There will be no videos from the NFL, which is sort of a popular sport these days, and 2) 120 Sports is free at first, but a premium subscription offering is coming next year.

With that in mind, 120 Sports seems like a bit of a gamble. It’ll be interesting to see how the site is received.

Time Inc. Streamlines Structure, Eliminates Jobs

TimeLifeBuildingRockCenter_articleboxThe reshaping of Time Inc. continues. According to a memo from Joe Ripp, Time Inc.’s CEO, the company is streamlining its structure by eliminating the brand clusters (like Style Group, News Group, etc.) and therefore, cutting jobs. The biggest departure is that of David Geithner, who had been with Time Inc. for over 20 years. Ed Kelly, CEO of American Express Publishing is also out.

Without the brand groupings, Evelyn Webster and Todd Larsen will be taking on larger roles. Webster will now oversee All You, Black Ink, Cooking Light, Coastal Living, Departures, Essence, Food & Wine, Health, InStyle, People StyleWatch, People en Español, Real Simple, Southern Living, Sunset, This Old House, Travel + Leisure, and IPC.

Larsen will oversee People, Entertainment Weekly, Time, Sports Illustrated, Fortune, CNNMoney, Money, Golf, SI for Kids, Time for Kids and Mexico’s GEx.

In the same memo, Ripp announced that Mark Ford will be joining the company as executive VP of ad sales. You can read Ripp’s entire note below.

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Brendan Ripp Named Sports Illustrated Publisher

Brendan Ripp has been named publisher of Sports Illustrated. Ripp moves to the magazine from Fortune, where he served as VP of sales and marketing. Prior to that, Ripp — the son of Time Inc. CEO Joe Ripp — was publisher of Money and Time.

“Brendan has a long and accomplished history with the News & Sports Group, where he has held a number of leadership positions at each of our brands over the past 14 years,” wrote Todd Larsen, Time Inc.’s executive VP/group president News and Sports, in a memo to staffers.

Ripp will report to Mark Ford, Time Inc. executive VP/Sports Group president.

See below for Larsen’s full note.

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What Happens When Magazine Editors Start Reporting to the Business Side?

It is this week’s biggest and most far-reaching NYC media world question. What’s going to happen at Time Inc. now that editor-in-chief Martha Nelson is moving on and Norman Pearlstine, at CEO Joe Ripp‘s behest, has returned to oversee all such matters from the business side as executive VP and chief content officer.

Time__Inc_-logo-2ED06AA15C-seeklogo.com_AP recently announced that it will be entering the sponsored content game in 2014, so let’s start out by reminding ourselves that the rules are changing fast, and often. Ad Age media reporter Michael Sebastien spoke to both Ripp and Pearlstine in the wake of this week’s seismic news. Ripp restated something he said in the official announcement – that it’s designed to speed up the content work-cycle:

“Whenever you have a very large organization as ourselves and important decisions need to be cleared through multiple layers it creates a slowdown of the process,” Mr. Ripp said. “I’m a firm believer that businesses are more successful when you can empower people at a local brand level.”

“It will help create entrepreneurship at the brands,” Mr. Pearlstine said.

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Michael Klingensmith Seen as Lead Candidate for Time Inc. CEO

We have a new name to throw into the “Next Time Inc. CEO” hat: Michael Klingensmith. According to The Wall Street Journal, Klingensmith has emerged as the leading candidate to oversee the publishing house when it’s spun off at the end of the year.

Klingensmith is a newcomer to the list of potential Laura Lang replacements. The most recent names considered included David Geithner, Howard Averill, and Todd Larsen — all Time Inc. insiders. However, Klingensmith makes sense, because of his history with the company and his smarts.

According to the Journal’s sources, Jeff Bewkes has said he wants “a real strong finance guy that can help run this company,” (sorry women!) and Klingensmith would fit that role.

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Time Inc. Insiders Seen as Frontrunners for CEO Spot

Months have passed since rumors about who would be named the next CEO of Time Inc. began circulating and yet… Nothing. Jeff Bewkes has yet to name a new head honcho for the company, and Laura Lang — Time Inc.’s current CEO — is like, whatever.

However, if the speculation is correct, the next chief will likely be one of three current Time Inc. executives, and not an outsider, like some had believed. The New York Post reports that the current line of thinking is that if Bewkes doesn’t name someone from beyond the Time Inc. walls by this week, it’ll come down to these three:

  • David Geithner, executive vice president and group president of the Style & Entertainment Group
  • Howard Averill, executive vice president and CFO
  • Todd Larsen, executive vice president and group president of the News & Sports Group

No word on if any of them are excited or scared about this.

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