The Deadline: February 2 2023

Industry News Jeff Bezos’s Owned Washington Post Plans Layoffs, Top Executives Impacted The Washington Post has been dealing with decreased ad income and delayed online subscription growth, causing its owner, Jeff Bezos, to announce changes. The publication announced they were expecting layoffs early this new year, but only a single-digit proportion of the workforce would be impacted. However, the Post has lost several key executives in recent months, including its CIO, CCO, and CPO. Several of its best journalists have also moved on to work for other rival publications, causing…

The Deadline: January 19 2022

Industry News Republicans Are Breaking Out of the FOX News Bubble In an opinion piece, Bloomberg reporter Joshua Green discusses how some GOP House members are looking at mainstream media in a new light. In a recent CBS poll, 48% of Republican voters say they want the new Republican House majority to “prioritize working with Biden and Democrats.” Green argues that while passing bipartisan legislation may be a stretch, showing up on CNN or MSNBC at least gives the appearance of reaching across the aisle. http://bit.ly/3krOVe3 CNN Revamps Lineup Under…

The Deadline: December 15 2022

Industry News New York Times Journalists Stage 24-hour Strike After more than a year and a half of bargaining, management and the union representing staffers failed to agree on a new contract, leading to a day-long strike on December 8th. The strike began as a historical demonstration in which more than 1,100 employees participated. The event caused significant disruption to the newspaper as many major desks were depleted from their staff, leaving millions of readers with no material. Negotiations are back on the table, and contract modifications are yet to…

The Deadline: November 30 2022

Industry News The Twitter Crisis Twitter has faced a challenge of validity and trustworthiness since Elon Musk acquired it. Recently, Tim Cook, CEO of Apple, suggested they may have to eliminate the Twitter application from their App Store, making it impossible for new users to download the application. As new Congress regulations are coming out in 2023, app stores are beginning to block several new applications, and Twitter may be the next. Musk argued that he would fight Apple and Google and, if needed, create an alternative phone platform. Cook…

The Deadline: October 26 2022

Industry News TikTok fails to Block Misleading Political Advertisements On a test conducted by researchers from the Global Witness and the Cybersecurity for Democracy team at the New York University Tandon School of Engineering, TikTok failed to catch 90 percent of ads featuring false and misleading messages about elections. On the other hand, YouTube and Facebook identified and blocked most of them, according to an experiment. However, researchers found that if they published data from locations outside the United States, it was easier to bypass Facebook, YouTube, and TikTok safeguards….

The Deadline: October 12 2022

Industry News Facebook and Google Lift the Political Ad Ban. Facebook will now allow advertisers to resume running political and social issue ads in the U.S. Facebook and Google had instituted political bans to slow the spread of misinformation and curb confusion around the presidential election and its aftermath. Facebook said they have been working intensely to refine the process to avoid future confusion or concerns. They announced that advertisers who have completed the ad authorization process could submit new ads. https://bit.ly/3CKGbW3 Will the Streaming World Eliminate Late-Night Talk Shows?…

The Deadline: September 28 2022

Industry News NBCUniversal Commits to Nonprofit Storytelling NBCUniversal will launch its own Creative Impact Lab, which restructures the company’s social intent on nonprofit storytelling and provides a broader set of opportunities for diverse backgrounds to appear and sharpen their production skills. NBCUniversal will leverage its current partnership to support students who want to pursue a career in this area as well as provide grants to organizations. This initiative promotes more equity in the tech sector through high-quality storytelling. https://comca.st/3xWvo9E In memory of Jim Russel, Founder of Marketplace Jim Russel founded…

The Deadline: September 14 2022

Industry News TIME Buys Marketing Website Builder, Brandcast TIME’s acquisition of Brandcast is its first sale since Marc and Lynne Benioff bought the publication from Meredith in 2018. The Benioffs were early Brandcast investors and will use the technology to build custom content websites for Time’s advertising clients, new newsletters, editorial projects, and smaller verticals. https://bit.ly/3RhszHT Study Shows Young Americans Follow the News Daily, But Are Not Satisfied The Associated Press team did a study in which they found pokes holes in the idea that young people aren’t interested in…

The Deadline: August 24 2022

Industry News Axios Sells to Cox Enterprises for $525 Million Axios sold to media giant Cox Enterprises for $525 million. The new deal will place a substantial focus on local markets, as Axios has begun to increase its focus on local news with regional-specific reporters and newsletters. https://bit.ly/3pqjaRM CNN Cancels “Reliable Sources” Show CNN canceled its Sunday Morning Show, “Reliable Sources.” The last episode aired on August 21st. The show’s host, Brian Stelter will leave the network as well. In his final monologue, Stelter said, ““It is not partisan to…

The Deadline: August 3 2022

Industry News Fortune Well Officially Launches Fortune officially debuted its wellness and lifestyle vertical for business leaders in partnership with CVS Health called Fortune Well. The vertical will be a multimedia type platform with infographics, videos, articles and more. It will be led by Jennifer Fields, who previously was the executive editor of wellness and lifestyle at POPSUGAR. https://bit.ly/3aIrNn2 Industry Drive Sells to U.K.-based Events Firms for $525 million Industry Dive, a business media company known for its industry-specific verticals, was acquired by Informa, a publicly traded events and publishing…