To Bloomberg News
When we announced the management reorganization a little more than a month ago, we said we wanted to be ideally positioned for growth, foster deeper collaboration, and develop our news products. Since then, we evaluated everything we’re doing to determine what’s working and what isn’t, with the single aim to ensure all we do has maximum impact. One lesson we learned was that we must have the courage to say no to certain areas of coverage in order to have enough firepower in areas we want to own.
It’s against this backdrop that we had to make some difficult decisions today. We were able to reassign a number of people to new positions, and we are grateful for the contributions of those who no longer can be part of our organization. We are convinced that the changes will help us take Bloomberg News to another level of influence.
We decided to scale back arts coverage and no longer use the Muse brand, and we’ll align our leisure reporting with Pursuits and the luxury channel on the Web. Executive Editor Manuela Hoelterhoff, who initiated luxury coverage at Bloomberg, will now oversee new book projects while continuing the cultural coverage for which she received a Pulitzer Prize and Guggenheim fellowship. We will create an editing hub for the Projects team in Washington and no longer have editors dispersed around the world, to further empower the writers; we decided to focus our AV team on LIVE <GO>, which terminal customers depend on, and stop the parallel editing of video that the multimedia team already does. We also decided to concentrate our sports coverage on the nexus with business and no longer do match reports. In beat reporting, we identified some savings thanks to closer collaboration among the newly united teams.
The changes today are a precursor for significant growth in 2014, especially in First Word and Emerging Markets. We also have high ambitions for beat and investigative reporting, and Bloomberg News will be bigger next year than it was at the end of October. Our commitment to the best journalism — both this-just-in and in-depth narratives — has never been greater.
Thank you for your exceptional work and dedication.
National Journal EIC Tim Grieve announced this morning a slew of staffing changes in an internal memo obtained by FishbowlDC.
“I’m not sure how this happened, but 2014 is almost upon us – and 2016 isn’t far off,” wrote Grieve. “We’re making big moves to gear up for both, and I want to share some of the early details with you now.”
Among the changes: Josh Kraushaar, who’s been running Hotline will become Political Editor for National Journal. Kraushaar’s post at Hotline will be assumed by Steve Shepard. Under a revamped Hotline beat structure, Kevin Brennan will cover the Senate races; Scott Bland will follow the House; and Julie Sobel will cover presidential campaigns while producing “Wake Up Call.”
In addition, Sarah Mimms will move from Hotline to the Daily. Alex Roarty will join Hotline as chief political correspondent where he’ll write for “Hotline on Call” and continue to be a regular presence in National Journal magazine, National Journal Daily and NationalJournal.com. And Karyn Bruggeman will become Hotline’s governors’ race analyst.
Congrats to all on your new positions.
TIME Executive Editor and Washington Bureau Chief Michael Duffy and Executive Editor Radhika Jones have been promoted to Deputy Managing Editors, according to an internal memo from TIME Managing Editor Nancy Gibbs. Duffy, a long-time Washington hand, who has been at TIME since 1985 and Executive editor since 2011, has been in the news recently, defending his magazine’s controversial “Chris Christie is a Big Fat Elephant” cover.
He explained to Chris Matthews yesterday, ”Well, [Christie]‘s obviously a big guy. He’s obviously a big Republican. But he’s also done a really huge thing here this week.” Nice save, Mike.
Duffy has shepherded big cover stories all year at TIME, like April’s story about the “Latino Reformation” and “Bitter Pill” about exorbitant hospital costs.
Jones came to TIME from the Paris Review in 2008 and was also promoted to Executive Editor in 2011. She has taken over their core features such as Person of the Year and the TIME 100. She has also introduced Interview-style interviews to TIME, enlisting Michael Bloomberg to interview Jay-Z and Barack Obama to intervew Tom Coburn, among others.
Seriously, folks, this is not a veiled demotion.
Jim Oliphant, who has been the National Journal deputy magazine editor for almost two years, is moving into a strictly writing newsroom role. So they’re on the hunt for his replacement, while letting him do what he loves as senior writer.
I’m starting to get a real kick out of these Politico internal memos.
For three years I’ve been reading these things. The first 25 were revelatory. The next 25 made me cry. And recently Politico Editor-in-Chief John Harris told staff that the entire city of Washington, D.C. was in awe of them on account of their exemplary government shutdown coverage.
This morning’s 8:32 a.m. memo is from President and CEO Jim VandeHei.
Subject line: “The POLITICO Culture” (And yeah, it’s good.)
The mission statement (or whatever one calls this) is complete with bold promises to staff, encouragement for managers to praise reporters quickly and only when deserved and take them on “retreat” if necessary. One thing is abundantly clear: VandeHei detests drama. We’ll bold the important (and comical) lines to make digestion easier. Read more
National Journal Editor-in-Chief Tim Grieve is developing a real talent for offering compliments. And today he has promotions to announce. In a morning memo, he delivered the news that Kristin Roberts will be Managing Editor, Alissa Swango will be Director of Digital News Operations and Sarah Micheli will be Director of Digital Engagement.
Grieve says they’re prepping to “climb to even greater heights.”
See the internal memo… Read more
Shall we call them Rarris or Herke? We’ll mull it over.
In the meantime, see the lengthy memo in which Harris says they internally discussed needing a “Rick Berke-type.” Hey, why not the real thing? “This is a big deal,” he writes.
In a memo late last night, Politico‘s Editor-in-Chief John Harris dropped a love bomb of compliments and extreme praise on the staff.
Among many superb graphs in the memo was this: “POLITICO’s congressional reporters and editors have left not just their colleagues but the entire city in awe…of their sourcing, of their expertise on the personalities and process playing out on Capitol Hill, of their keen judgment during the most intense and competitive deadline situations, and of their indefatigable commitment to stay on top of the story. Very often it was as if we had hidden microphones in the private meetings as lawmakers plotted strategy and argued over options.”
Wow. That is intense.
See Harris’ full love note to staff… Read more
Here is the letter that was dispatched to WaPo employees today from Katharine Weymouth:
This is a day that my family and I never expected to come. The Washington Post Company is selling the newspaper it has owned and nurtured for eight decades.
In addition to The Washington Post, the company is selling Greater Washington Publishing, the Gazette newspapers, Express, El Tiempo Latino and Robinson Terminal.
The buyer is one of America’s great innovators and most respected business leaders, Jeff Bezos, chief executive officer and founder of Amazon.com. Jeff is making this acquisition in his personal capacity and not as part of Amazon.
In his own remarks, Don has addressed why the company has made this decision. I want to focus on the future. I firmly believe that today’s announcement represents a remarkable opportunity for us, unique among media companies. In Jeff we have found an owner who believes in The Post as a business but also cares deeply about the role it serves in our society.
Jeff is widely known, of course, as the founder and CEO of Amazon. He is a proven entrepreneur who, like the Graham family and this company, takes the long-term view in his investments. While he expects The Post to remain profitable, his focus is on the essential role that our journalism has on dialogue and the flow of information in our society.
Jeff knows as well as anyone the opportunities that come with revolutionary technology when we understand how to make the most of it. Under his ownership, we will be able to accelerate the pace and quality of innovation.
I am incredibly proud of the work that we have done together over the past 5 years, and I know that sentiment is shared by the entire senior management team. Read more
Politico’s senior political reporter Lois Romano is stepping into a new role, editor of Politico Events.
In this newly created position, she’ll help conceive, promote and plan events in conjunction with the rest of the newsroom, and serve as an events point of contact for the business side.
In a memo to the staff this morning, Politico’s John Harris says Romano, “with her extraordinary enthusiasm and wide network of Washington source relationships, is the ideal person for this job.”
She’ll continue to write, as well, he says.
The full memo, after the jump…