RF|Binder Media Intelligence: January 2021

RFB Media Intelligence

NY Times Adds Economics Reporter
Sydney Ember is returning to the Business team at the New York Times from her several-year stint on Politics. She will report on economy under Kevin McKenna. http://bit.ly/38xeq57
 
New Health Tech Reporters at STAT
STAT has hired two new health tech reporters: Mario Aguilar and Katie Palmer. Aguilar has more than a decade of experience covering technology, much of it at Gizmodo. Palmer previously led health and science coverage at Quartz and also directed science coverage at Wired. http://bit.ly/39hhxNX
 
Bloomberg Renewable Energy Reporter
Bloomberg News reporter Josh Saul has moved to the renewable energy and climate change team. He had been covering distressed debt and bankruptcies. http://bit.ly/35sMMEp
 
Seeking Alpha Adds M&A Reporter
Seeking Alpha has hired longtime Bloomberg News reporter Josh Fineman. He started on Jan. 1 as a senior news editor for mergers and acquisitions, and special situations. http://bit.ly/35sgeup
 
Yahoo Reporter Joins NY Post
The New York Post has hired reporter Sarah Paynter to cover luxury real estate. She will start on Jan. 11. Paynter had been at Yahoo Finance covering real estate. http://bit.ly/3i5gQuX
 
NY Post Names New Top Editor
The New York Post is getting a new top editor. Keith Poole, the deputy editor in chief of The Sun, the British tabloid that is also part of Rupert Murdoch’s media empire, will become editor in chief of The New York Post Group, which encompasses the print newspaper and related websites. He will start in the new role in March, as Col Allan, a longtime Murdoch lieutenant, retires. Stephen Lynch, The Post’s current editor in chief for print, and Michelle Gotthelf, editor in chief for digital, will report to Mr. Poole. http://nyti.ms/3nygzlw
 
Reuters Editor-in-Chief to Retire
Veteran journalist Steve Adler said he will retire as editor-in-chief of Reuters on April 1 as a search begins to find a successor. During his tenure at Reuters, Adler won seven Pulitzer Prizes. But he also had to contend with what insiders called “monetary strain” as the newsroom downsized to its current level of 2,500 down from about 3,000 when he started a decade ago. http://bit.ly/3bscsFe
 
Travel + Leisure Has New Owner
Wyndham Destinations is buying the Travel + Leisure publication from Meredith Corp. for $100 million, in a deal that would expand Wyndham’s business beyond its core vacation-ownership operations. Meredith will continue publishing Travel + Leisure under a 30-year renewable licensing agreement, with the Travel + Leisure staff remaining as Meredith employees. http://on.wsj.com/3i22RpL
 
Newsrooms See Record Job Losses
Newsroom layoffs reached a record high in 2020, growing nearly 200% compared to the previous year, according to a new study from the global outplacement firm Challenger, Gray & Christmas. Across broadcast, digital and print news, the news industry was hit with 16,160 job cuts — a figure that is also 13% higher than the previous record of 14,265 newsroom job cuts reported in 2008.  http://yhoo.it/2XsY5bt
 
Tech Giants Cut Off Parler
Parler, a social network that pitches itself as a “free speech” alternative to Twitter and Facebook, and that has become one of the fastest-growing apps in the United States, is suddenly fighting for its life. Apple and Google removed the app from their app stores because they said it had not sufficiently policed its users’ posts, allowing too many that encouraged violence and crime. Amazon also booted the company from its web-hosting service because of repeated violations of Amazon’s rules. http://nyti.ms/2Lkox4C
 
Quibi Sells Content to Roku
Roku Inc. agreed to acquire the rights to content from Quibi, a deal that will make the defunct short-form streaming service’s shows available on the biggest streaming-media player in the U.S. Roku paid less than $100 million to acquire the shows, according to people familiar with the matter. http://on.wsj.com/3oBUKmu
 
Substack and the Future of Media 
Substack  is an online service that enables writers to draft, edit, and send e-mail newsletters to subscribers. It is produced by a mix of career journalists, bloggers, specialists, novelists, hobbyists, dabblers, and white-collar professionals looking to plump up their personal brands. The most successful newsletters are almost always written by people who have already cultivated an audience at traditional publications or built up a following elsewhere. It’s debatable whether this represents ‘a better future for news.’ But it’s great business for Substack. http://bit.ly/3ozXbWn

Staff Changes at CNBC.com
CNBC personal finance writer Darla Mercado is becoming a markets editor for the business news website. She starts her new position this week.  Fred Imbert, who covers markets for CNBC.com, is becoming a news editor. Yun Li is becoming the main markets reporter. http://bit.ly/2LNPVIl
 
BI Adds A New Economy Reporter
Business Insider has hired Aki Ito as a senior correspondent covering the new economy. Ito worked for Bloomberg News for 10 years. At Business Insider, she’ll be focusing on features about the labor market and workplace trends. http://bit.ly/3qyvYE8
 
AP Economics Reporter Changes Beats
Associated Press economics reporter Josh Boak is moving to the news service’s White House team. He will be focused on President-elect Joe Biden’s handling of the economy, both the policies his administration is championing and the impact of those policies on Americans. http://bit.ly/3oZa1O7
 
STAT Senior Writer Dies
Sharon Begley, the senior science writer at STAT, died Saturday from cancer. Previously she was the senior health & science correspondent at Reuters from 2012 to 2015, the science editor and science columnist at Newsweek from 2007 to 2011, and the science columnist at The Wall Street Journal from 2002 to 2007. http://bit.ly/3qvayI6
 
Lineup Changes at CNN, Fox News
Fox is expanding its opinion programming into the 7 p.m. hour with “Fox News Primetime,” a show that will feature a rotating group of opinion hosts. It will replace “The Story,” a news program anchored by Martha MacCallum. CNN is adding another hour for anchor Jake Tapper, the 5 p.m. block currently occupied by “The Situation Room With Wolf Blitzer,” while senior political correspondent Abby Phillip will host a Sunday program. http://nyti.ms/39IuvV3
 
NY Post Editors Ban Some Outlets
As Rupert Murdoch’s New York Post navigates a fraught political moment, high-level editors there instructed reporters not to base articles on reporting by four news outlets that President Trump has falsely labeled “fake news” – CNN, MSNBC, New York Times and Washington Post. http://nyti.ms/3sBUWV5
 
Epoch Times Thrives on Conspiracies
The publisher of The Epoch Times, a stridently pro-Trump publication with a flair for conspiracy theories and links to Chinese dissidents, nearly quadrupled its revenue during the first three years of the administration. http://bit.ly/3qBYh4P
 
Newsletter Preferences
Email newsletters may deliver high ROI, but they’re not a popular content form — especially when people are asked to pay for them, according to The State of Email Newsletters: 2021 And Beyond, a study by the What If Media Group. A staggering 84.1% of consumers are unwilling to pay for newsletters, even if the content is the kind they like the most.  https://bit.ly/3sFW3mS
 
Facebook to Revise News Feed Algorithm
News articles that do not contain new original reporting or analysis will now receive less distribution in News Feed. The more extensive original reporting an article contains, the more distribution it will receive. http://bit.ly/3sAV2wf
 
Many Still Get News from Social Media 
While about half of Americans “sometimes” or “often” get news from social media, they say they remain skeptical about what they’re seeing, according to a new Pew Research Center report on news consumption on social media platforms. http://pewrsr.ch/3nSiEZv
 
Ad Buyers’ Role in Disinformation
Shareholders are taking aim at buyers of social-media advertising for their possible role in spreading disinformation and hate speech. New shareholder resolutions call upon advertiser Home Depot and agency group Omnicom to investigate whether their advertising policies inadvertently contribute to “violations of civil or human rights” by funding platforms that spread inappropriate content, according to copies of the proposals filed in late 2020. http://on.wsj.com/35T5JR1
 
Axios Corporate Communications Platform
Axios is betting that companies will pay big bucks to write like its reporters. The company next month will launch AxiosHQ, a communications platform that will enable businesses to update their employees—including through internal newsletters—in Axios’s just-the-facts, bullet-point style. The software tool would cost at least $10,000 a year. Subscribers to the platform have the option to add a service that allows them to tap a team of editors—separate from Axios’s news division—for writing tips. http://on.wsj.com/2M0HXLO

New FX/Rates Team Lead at Bloomberg
Kristine Aquino, team leader for Bloomberg News’ Markets Live blog in Europe, is becoming the leader for its foreign exchange and rates team. She has been with the Markets Live team since November 2016. http://bit.ly/3c8q0Gb
 
Forbes Adds VC Reporter
Forbes has hired reporter Rebecca Szkutak to cover venture capital. She will start in February. Szkutak is currently a reporter at PEI’s Venture Capital Reporter, where she has been since August 2019. http://bit.ly/2NnlmJZ
 
WSJ’s Health and Science Team
The Wall Street Journal has hired David Freeman as its science bureau chief. He has been science editor at CBS News, HuffPost and, most recently, NBC News. In addition, reporter Julie Wernau has joined the health and science team. She was expelled from China in March 2020, where she wrote about China’s consumer market for the Journal in Beijing. http://bit.ly/368kkbr
 
New York Times Names Opinion Editor
Kathleen Kingsbury, a Pulitzer Prize-winning journalist who has led the editorial page of The New York Times on an interim basis since June, officially became the newspaper’s opinion editor on Friday. Ms. Kingsbury will oversee a department of more than 100 staff members responsible for unsigned editorials, Op-Eds, the weekly Sunday Review section, and podcasts like “Sway” and “The Argument.” http://nyti.ms/36bt1BT
 
Pay and Write for Rolling Stone
Rolling Stone magazine is offering “thought leaders” the chance to write for its website if they are willing to pay $2,000 to “shape the future of culture”. The storied magazine, which has published journalism by writers including Hunter S Thompson, Patti Smith and Tom Wolfe, approached would-be members of its new “Culture Council” by email, telling them that they had the chance to join “an invitation-only community for innovators, influencers and tastemakers.” http://bit.ly/39fY3dQ
 
Forbes Expands Paid Newsletters
Forbes is launching a newsletter platform that will allow journalists to launch their own paid newsletters and split the revenue with the 103-year-old publisher. Forbes will hire 20-30 writers with big followings to help get the platform up and running. The idea is to create a platform that offers writers all of the marketing, editorial and salary benefits of being a part of Forbes’ newsroom, but gives them enough editorial independence to ensure that their audiences follow them over to Forbes. http://bit.ly/2Ya8c5h
 
WME Signs Bloomberg Media
WME has signed Bloomberg Media with the aim to convert the global media brand’s journalism and news franchises into film and TV projects for third-party platforms such as subscription streaming services. http://bit.ly/366tbKQ
 
CEOs Wary of Maria Bartiromo
Maria Bartiromo is getting rebuffed by some in Corporate America as she prepares for an upcoming stint as a Fox News opinion anchor, Business Insider reports. Bartiromo, who anchors “Mornings with Maria,” on Fox Business, among other shows, is about to get a try-out on a new opinion hour on Fox News at 7 p.m. http://bit.ly/2MlXS7L