Top News:
Sydney Ember / New York Times:
New York Times Q4: $52M net income, up 48% YoY; $445M revenue; digital ad revenue up 11% to $70M — New York Times Co. Reports $52 Million Quarterly Profit — Buoyed by strong digital growth and cost savings, The New York Times Company reported on Thursday an increase in quarterly profit …
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Michael Calderone / The Huffington Post:
New York Times' Dean Baquet launches strategic newsroom planning effort, led by David Leonhardt, cites need to “turn some things off”, build on unique strengths — New York Times Eyes Ambitious Overhaul In Quest For ‘Journalistic Dominance’ — The paper's top editors plan to rethink pretty much everything.
Discussion:
New York Times, Ad Age, Wall Street Journal, @mlcalderone and @mlcalderone
Hollywood Reporter:
Viacom Names CEO Philippe Dauman Executive Chairman — Viacom on Thursday named a new chairman to replace Sumner Redstone: president and CEO Philippe Dauman. — The news from the conglomerate, whose assets include MTV, Nickelodeon and Paramount Pictures, came Thursday after a board meeting that started around 10 a.m. ET.
Discussion:
New York Times, CNBC, Reuters, The Wrap, Variety, @alexweprin, Business Insider, Multichannel News, TVWeek.com, The Wrap, Deadline, Financial Times, Financial Times, Financial Times, New York Post, Wall Street Journal, Los Angeles Times, Fortune, CNBC, @thrmattbelloni, @brentalang, Breakingviews, Ad Age and Radio & Television …
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Brian Steinberg / Variety:
Leslie Moonves Named CBS Chairman, Replacing Sumner Redstone — Leslie Moonves will become chairman of CBS Corp., a move that investors may interpret as an effort to solidify the management of the company given questions about the health of its executive chairman, Sumner Redstone, who also holds the same position at Viacom.
Discussion:
Variety, Variety, Washington Post, New York Times, CNNMoney, Ad Age, Broadcasting & Cable, Variety, Guardian, Adweek, USA Today, Media & Entertainment, Variety, Radio & Television …, Deadline, Fortune, CBS Corporation, New York Times, Hollywood Reporter, USA Today, Hollywood Reporter, Los Angeles Times, The Week, Publishers LunchPublishers …, Newser, Wall Street Journal, Reynolds Center, EW.com, The Drum, Reuters, Wall Street Journal, Media Wire Daily, New York Times, The Wrap, The Week, Guardian, Washington Post, International Business Times, New York Post, NPR, Vanity Fair, Reuters, CNNMoney, Boing Boing, Forbes, Viacom, Reuters, Mediaite, The Wrap, @brianstelter, @mathewi, @emilysteel, @benfritz, @jasonhirschhorn, Fortune, Adweek and Forbes
David Segal / New York Times:
Playboy's redesigned first issue without frontal nudity still has pictures and interviews, but photos of naked women are strategically concealed and unretouched — Playboy Puts on (Some) Clothes for Newly Redesigned Issue — What is Playboy without naked women?
Discussion:
CNNMoney, Mediaite, Daily Mail, The Daily Beast, Digiday, The Huffington Post, The Verge, NPR, Telegraph, Mirror.co.uk, Fox News, St. Louis Post-Dispatch, New York Daily News, Reuters, WPTV, Mic, Jezebel, Newsweek, Tech Insider, CBS Chicago, The Daily Caller, @independent, ELLE, Media Wire Daily, FishbowlNY, The Next Web and The Drum
Robert Channick / Chicago Tribune:
Tribune Publishing's top shareholder is now Michael Ferro, majority owner of Sun-Times — Michael Ferro. — Michael Ferro, majority owner of the Chicago Sun-Times, has become the largest shareholder in Chicago-based Tribune Publishing, parent company of the Chicago Tribune, Los Angeles Times and other major daily newspapers.
Discussion:
Robert Feder, USA Today, Bloomberg Business, Agence France-Presse, Chicago Business Journal, St. Louis Post-Dispatch, Daily Herald, Chicago, Chicagoist, Poynter, @robertfeder, @jbenton, @ameetsachdev, @peternickeas, Talking New Media, Chicago Business, StreetInsider.com, The San Diego Union …, Wall Street Journal and Wall Street Journal
Ken Doctor / Politico:
Sources: New editor to be installed at Las Vegas Review-Journal as early as Friday, stories involving owner Adelson are being reviewed, changed, or killed daily — Sheldon Adelson tightens grip on Review-Journal — After a brief spell of normalcy seemed to return to the Las Vegas Review-Journal, all bets are now off.
Discussion:
@benjysarlin, @jayrosen_nyu and @alexweprin
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Ken Doctor / Politico:
Amid GateHouse Media's fading role in managing the Las Vegas Review-Journal, CEO Mike Reed defends investigation of judges, criticizes newsroom — The lingering mystery plaguing new management at the Las Vegas Review-Journal — Several mysteries tumbled out of Sheldon Adelson's secret …
Discussion:
@stephgrimes and Editor & Publisher
Pew Research Center:
Pew: 35% of 18 to 29-year-olds say social media is most helpful source for election information, cable news named top by 30+ year-olds — The 2016 Presidential Campaign - a News Event That's Hard to Miss — About nine-in-ten Americans learn about the election in a given week …
Discussion:
Nieman Lab, FishbowlDC, The Huffington Post, TVNewser, The Hill, Politico and NPR
Kevin Rawlinson / Guardian:
Condé Nast fined £10K for contempt of court over British GQ article by Michael Wolff that risked prejudicing Rebekah Brooks, Andy Coulson phone-hacking trial — GQ publisher fined for contempt of court over Rebekah Brooks article — Condé Nast ordered to pay £10,000 …
Discussion:
Press Gazette
Jeffrey A. Trachtenberg / Wall Street Journal:
Condé Nast and Hearst form joint venture PubWorx to oversee circulation, procurement, and print production — Condé Nast, Hearst Form Joint Venture for Print Magazines' Back-Office Operations — PubWorx LLC will oversee circulation, procurement and production of print titles
Discussion:
WWD and Talking New Media
Sage Lazzaro / The New York Observer:
‘Serial’ Producers Put Season 2 on Hold to Dive Back Into Adnan Syed's Case — Serial producers Sarah Koenig and Dana Chivvis have been hard at work on the podcast's second season. They've actually been doing so much reporting on the case of Bowe Bergdhal that they're now releasing new episodes only every other week.
Discussion:
The Wrap, @tylercoates, @petersterne and @petersterne
Liam La Guerre / Commercial Observer:
Al Jazeera Pays Boston Properties $45M For Midtown Lease Termination — Fleeing the American media market comes at a price. And for Al Jazeera America, which had leased offices at 250 West 55th Street, that price is $45 million. — The media company paid the sum as a termination fee …
Discussion:
The New York Observer and The Real Deal New York
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