Top News:
Kevin G. Hall / McClatchy Washington Bureau:
McClatchy sale agreement with Chatham filed in court: Chatham to pay $312M, honor union contracts, and keep company intact, while CEO Craig Forman to depart — McClatchy Co.'s new owner will keep all employees and most senior leaders and honor existing union contracts while continuing …
Dan Froomkin / Press Watch:
NYT's coverage of Ted Yoho's expletives aimed at Alexandria Ocasio-Cortez, and her response, cast her as the norm breaker and downplayed his verbal attack — Rep. Alexandria Ocasio-Cortez makes some people very uncomfortable, and apparently that includes some editors and reporters at the New York Times.
Discussion:
The Cut, The Guardian, @froomkin, @byjoelanderson, New York Times, @sineadefitz, @froomkin, @rationaldoge, @amandamarcotte, @nymag, @cdespinosa, @nanaslugdiva, @creynoldsnc, @brucebarcott, @kirktousaw, @marty_lederman, @hodgman, @blackamazon, @gabbystern, @padmalakshmi, @joshelman, @froomkin, @froomkin, @jbendery, @jayrosen_nyu, @carolynbmaloney, @soledadobrien, @vladsavov, @hshaban, @jayrosen_nyu, Washington Post, The Signorile Report and kottke.org
New York Times:
Debi Chirichella, CFO of Hearst's magazine division since 2011, is named interim president of the division following the departure of Troy Young — Debi Chirichella, the division's chief financial officer, will step in after the departure of Mr. Young, who was accused of making lewd remarks in the workplace.
Discussion:
Hearst, Wall Street Journal, The Wrap and @lpolgreen
RELATED:
New York Times:
Troy Young, president of Hearst's magazine unit, resigns a day after reports surfaced of his history of lewd remarks amid a culture of discrimination
Discussion:
@benyt, @jeffjarvis, @sillyrobin, New York Post, Adweek, @jonseff, @joshsternberg, @kerrymflynn, @amyvernon, @onesarahjones, @michelleruiz, @briannawu, @ichotiner, @michelleruiz, The Media Nut, @rachelsklar, @prachigu, Showbiz411, @katie_robertson, @jessicavalenti, The Hill, MediaPost, @sueonthetown, @chrissyford, Folio, @abbygardner, The Week, Ad Age, CNN, The Daily Beast, Adweek, @nytimes, @paigeleskin, Fox News, Washington Post, Business Insider and Axios
Jacob Bogage / Washington Post:
Emily Atkin launched the climate newsletter Heated with a $20K advance from Substack, and now has 28K subscribers, 10% of whom pay $50-$75/year for premium subs — As newsroom jobs grow scarcer, journalists are building their own platforms via email newsletter
Max Willens / Digiday:
Podcast creators find it challenging to raise ad revenue while preserving high listener engagement; Vox experiments with sponsored show segments or mini-series — Publishers are trying to wring more revenue out of their podcasts. — Over the past few months, as advertisers across …
J. Clara Chan / The Wrap:
LAT union sends a letter protesting an “intensified” environment of intimidation and harassment and accuses Norman Pearlstine of retaliation against a reporter — The guild representing Los Angeles Times journalists has accused executive editor Norman Pearlstine of verbally harassing …
Shana Lebowitz / Business Insider:
Insider Inc. pay equity report: median salary for women employees is $75K vs. $105K for men, BIPOC staff earn $81K vs. $85K for white staff — This month Insider Inc. — my employer — released data on employee compensation. — The results were, in a word, disappointing.
Lauren Harris / Columbia Journalism Review:
Tow Center: since the pandemic began, 100+ outlets have suspended print editions, limited runs, consolidated sections, or discontinued print production entirely — Print editions have taken significant hits at newspapers and magazines across the world as financial setbacks caused by covid-19 rip through newsrooms.
Discussion:
@lharriswrites, @ckrewson, @lebassett, @gijn, @rodmickleburgh and @mustafatameez
Reid Nakamura / The Wrap:
Fox Sports has laid off 50-100 people, or 5-10% of its workforce, in a restructuring related to the sale of its regional sports networks to Disney in 2019 — Fox Sports has laid off 50 to 100 staffers in what is being described as a restructuring and streamlining effort at the company, TheWrap has confirmed.
Discussion:
The Streamable, @jbflint, Hollywood Reporter and Barrett Sports Media
Rick Edmonds / Poynter:
Top executive compensation at public newspaper companies Gannett, McClatchy, NYT, Tribune, GateHouse was in the seven figures this year, even as many execs left — Another year, another disconnect in how newspaper companies performed financially and what CEOs and other top executives took home in their pay envelopes.
Discussion:
@keithrhernandez, @bluelenallc, @kerrymflynn, @raju, @poynter and @poynter
Press Gazette:
The UK's shadow culture secretary asks Ofcom to examine the role of RT in UK politics, following a government report detailing Russian interference — Labour has stepped up its calls for the broadcast watchdog to review the operating licence of Russian news outlet RT.
Charlotte Tobitt / Press Gazette:
The UK's Immediate Media is closing 12 magazines and plans to cut up to 113 jobs after advertising and newsstand sales fell during the pandemic — Immediate Media is planning to cut up to 113 jobs and close 12 magazines after the Covid-19 crisis badly hit newsstand sales and advertising revenue.
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