‘Vulture capital’ firm Alden Global acquires San Diego Union-Tribune
The following excerpt was sent out from The San Diego Union-Tribune: Los Angeles billionaire Dr. Patrick Soon-Shiong has sold The San Diego Union-Tribune to an affiliate of the MediaNews Group for an undisclosed amount, it was announced on Monday. Denver-based MediaNews Group is owned by Alden Global Capital, which owns roughly 200 publications, including the […]
‘There will be little left of Canadian journalism to save’: CTV News parent lays off 1300
In a devastating blow to the news industry, Bell Canada, parent company of CTV News has announced the termination of 1300 jobs which impacts management, production, editorial, operations, sales and marketing, administrative and clerical jobs. Mirko Bibic, president and CEO of BCE and Bell Canada said: “At Bell Canada, every year we can expect to […]
CBS News hires Kent as senior biz and tech correspondent
Jo Ling Kent has been named senior business and technology correspondent for CBS News. Kent will report for all CBS News programs and platforms starting later this summer, where she’ll add to the division’s existing reporting on global economics, including everything from personal finance and consumer trends to the Federal Reserve and the World Bank. […]
Bankadelic podcast: A July 4th special with seven financial services stars
While the TBN crew staffs the grill, we’re bringing you this special Independence Day episode of Lou Carlozo’s Bankadelic podcast. Our seven stars (and stripes) discuss a variety of topics that riff on the themes of “finance freedom” and “a more perfect union.” It’s an engaging, wide-ranging chat that embraces topics from artificial intelligence to […]
National Geographic magazines axes the last of the writer jobs
The following excerpt was sent out from CNN: National Geographic, the iconic yellow framed magazine that has chronicled the natural world for more than 100 years, laid off its last remaining staff writers this week, multiple departing staffers said. The latest round of layoffs at the magazine cut 17 editorial positions, including all of the […]
CNBC anchor and White House reporter Tausche departing after 13 years
CNBC White House correspondent and anchor Kayla Tausche is leaving the business news channel after 13 years. “As for what’s next, I’ll have more to say on that soon,” she wrote on Twitter. “For now, I’m going to take some downtime – with no deadlines looming – for the first time in too long. Will I be […]
Straight talk on the polling profession with The Harris Poll CEO Will Johnson
First things first: I am not a fan of political pollsters. Several times over the past few years, and as recently as December, I’ve gone after the likes of FiveThirtyEight for their terrible bungling in election polling, even as they bragged about their algorithmic and analytical prowess. (You’d have been better off flipping a coin […]
Fox News names Jesse Watters to fill the slot of fired Tucker Carlson
The following excerpt was sent out from The Washington Post: Fox News picked Jesse Watters to serve as permanent host of its 8 p.m. show as part of a broader shake-up of the network’s prime-time lineup. In moving from 7 p.m. to 8 p.m., Watters will fill an hour that has been helmed by rotating […]
Fortress Investment Group to acquire bankrupt Vice Media Group
The following excerpt was reported by The New York Times’ Lauren Hirsch and Benjamin Mullin: A group of buyers including Fortress Investment Group is set to take over the bankrupt Vice Media company after bidding $350 million to acquire it out of bankruptcy, according to three people familiar with the matter. Multiple bidders put in […]
Montreal Gazette EIC Archer departs amid corporate turmoil
Bert Archer, editor-in-chief of The Montreal Gazette, will depart on June 30 along with deputy editor Lenie Lucci — leaving just one manager in the newsroom of Quebec’s oldest English-language daily newspaper. Two years ago, the Gazette had seven managers on its team. As reported in CTV News Montreal, Archer’s departure was announced by Postmedia’s […]
