Industry News
Former Sports News CEO & Top Media Exec Starts Climate Media Company
Former Bleacher Report CEO, Dave Finocchio, and Anna Robertson, former Yahoo News and ABC executive, started The Cool Down, a climate news startup that will launch with original content on climate change created by journalists for its own website, Instagram and TikTok. In 2023, the company plans to sell eco-friendly goods through its e-commerce store. The company raised $5.7 million in a funding round led by Upfront Ventures.
Reuters Launches Research Business Subscription Unit
Reuters is launching a new subscription research business called Reuters Insight that will be geared toward individuals making corporate strategy decisions. The subscription will work by featuring twice-yearly extensive polling from roughly 500 senior leaders in respective industries from the U.S. and Europe. The data will provide subscribers with custom polling of senior industry executives, as well as custom research and analysis, to help them make professional decisions and shape their business strategies.
Reuters Institute Publishes 2022 Digital Report Highlighting Media Fatigue
The Reuters Institute at the University of Oxford published its 2022 Digital Report. Key findings in the U.S. market showed that only 26% of Americans trust the news and the rise of email newsletter subscriptions as main source of receiving news.
New Local Media Startup Takes on the Baltimore Sun
The Baltimore Banner, a new local online news site, aims to go head-to-head with the Baltimore Sun, Baltimore’s 185-year-old newspaper. So far, the Baltimore Banner has hired some of The Sun’s most prominent reporters and has a newsroom of over 40 people. The New York Times reported that the creation Baltimore Banner’s “bold entry is a test of whether a subscription model for digital-only local news can be sustainable beyond the initial philanthropic capital, and whether there’s an appetite for a second large news publication in cities where competition used to be commonplace.”
The Atlantic Launches Digital Archive
Subscribers to The Atlantic will now have full access to the publication’s archives dating back to 1857 including nearly 30,000 articles, essays, original fiction, and poetry. Currently, only 16% of the magazine’s content is published online.
Social Media Preferences Differ Between Journalists and the Public
The Pew Research Center conducted a survey of US journalists and editors to inquire about their social media usage and habits where results showed it was clear Twitter was the top social media platform for journalists. However, Twitter was not the top social media platform for US adults to get their news. Instead, it was third behind Facebook and YouTube.
Media Companies Expand Health Coverage after Supreme Court Overturns Roe v Wade
Media companies are now facing a delicate balance of providing news coverage of the Supreme Court’s ruling on abortion while also working to expand reproductive healthcare coverage for their employees. Companies including Vox, CNN, Conde Nast, NBCUniversal and the New York Times in offering to cover abortion-related travel expenses for employees.
Career Moves
Washington Post names David Shipley as New Opinion Editor
David Shipley will become the new opinion editor at The Washington Post and will work to expand the opinion section nationally and globally. Shipley formerly led the opinion section at Bloomberg. Senior opinion columnist Tim O’Brien will take his place.
Janai Norman Becomes New Co-host of Good Morning America Weekend Edition
Janai Norman will join Whit Johnson and Eva Pilgrim as a new co-host for Good Morning America Weekend Edition. Previously, Norman has worked in various roles at ABC reporting from the Washington bureau and being an overnight anchor for “World News Now” and “America This Morning.”
New York Times Names New Metro Editor
Nestor Ramos joins the New York Times as a metro editor. Previously, he wrote at the Boston Globe and won a Pulitzer Prize award for reporting on the impact of climate change on Cape Cod.
Washington Post Adds New Climate Solutions Reporter
Allyson Chiu will join the Washington Post as a climate solutions reporter after working in the features section and the Morning Mix at the publication.
Joe Rennison Moves to New York Times from Financial Times
Joe Rennison becomes the US markets reporter for the New York Times after working as the deputy US markets editor at the Financial Times for the past seven years. At NYT, Rennison will report alongside Kate Duguid and Nicholas Megaw.
