Looking for a great way to end the week and stay up to date? TBN content correspond Mariam Ahmed brings you the best of media news and moves with a weekly Friday roundup that recaps what you may have missed, with updates and fresh insights.
Look for Lou’s Views on TBN… Talking Biz News’ Editor and Publisher Lou Carlozo will run a column on TBN. Look for it on Mondays or whenever Lou can “crank it out.” “I intend to grow the content TBN has to offer with each week and this is a logical next step,” says Carlozo. “There’s much to say about stories that concern the media itself, and not a lot of people doing it well. I hope to break the noise floor and add spice to the conversation.” “Lou’s Views” will continue to run simultaneously on TBN’s sister site Qwoted, the journalism source platform where Carlozo serves as editor in chief.
Politico opens applications for 2023 cohort… Politico’s Journalism Institute is accepting applications for its 2023 session, which will run from May 30 through June 9. At least a dozen graduate, undergraduate and recent graduates will be selected for this competitive training program, where participants will have the chance to “attend panels with industry leaders, interactive sessions, mentor pairings with POLITICO journalists and the possibility to have their work published by POLITICO.” Applications are due Mon. Dec. 5, 2022 by 11:59 p.m. EST.
Sacramento Bee retirement… Dale Kasler, a veteran Sacramento Bee reporter who covered climate change, the environment, economics and California water, has retired. He had been with the newspaper since 1996. Ryan Sabalow, a colleague of Kasler wrote on Facebook, “It didn’t take me long to figure out that this guy is a journalism savant. He has this incredible talent to turn insanely complicated, thorny issues into sharp, well-sourced, insightful stories, and he can do it faster than any reporter I’ve ever known.”
Time for a new exec… Forbes chief operating officer Jessica Sibley has left and joined Time as its chief executive officer. Joseph De Avila and Alexandra Bruell of The Wall Street Journal report, “Ms. Sibley is taking over Time’s business operations from current chief executive Edward Felsenthal, who will retain his role as editor in chief of the publication, the company said Monday. Mr. Felsenthal will also become executive chairman of the company, Time said.” Sibley also had stints with The Wall Street Journal, Bloomberg and Condé Nast.
Forbes writer’s financial insight… Dana Miranda of Healthy Rich interviewed Forbes Advisor personal finance writer Lisa Rowan on her writing strategy. “I’m looking for things that I can convey to the biggest group of readers,” Miranda says. “Another issue: A ‘hack’ also implies it’s a quick fix, easy to do. But a lot of times, they aren’t. We call them hacks because people want to feel like they’re besting the system, like, ‘Look at me, I pulled one over on you, Uncle Sam.’ What it’s really about is habit-building.”
Meet PR superstar Hope Sander on the Qwoted 100 series… TBN presents the Qwoted 100 series in collaboration with our sister site Qwoted. The series highlight standout PR professions, with this week’s guest being Hope Sander, a senior account executive at Gregory FCA. She works with ETF issuers, asset/wealth managers, private equity firms, mortgage originators and lenders, and fintechs. Read the full interview here to dive into fintech juicy details.
And it may be a strike! (?)… Eighty percent of the bargaining unit at Reuters participated in the vote of authoring a strike against the company. The vote took place on Thursday and Friday, with journalists contending that the company has delayed negotiating with the union over wage increases. A Reuters spokesperson provided the following statement to TBN: “Reuters is fully committed to constructive negotiations with the NewsGuild as we work towards a contract resolution for our U.S. union employees. These conversations are ongoing and we will continue to work with the Guild committee to settle on mutually agreeable terms.”
A key Kiplinger lesson from history… Former business journalist and current University of Maryland professor Rob Wells writes in The Washington Post about the challenges that journalists face in today’s world because of digital revolutionary practices and how it upended traditional advertising which has led to economic problems even for successful publications. He talks about how today’s journalism world can learn from the founder of Kiplinger’s Personal Finance, Kip Kiplinger. “Such problems call for bold solutions, and a look at legendary business journalist Willard ‘Kip’ Kiplinger’s legacy may provide them. In the 1920s, Kiplinger set out to fix some serious problems with the credibility and context of journalism — many similar to the troubles confronting the media in 2022. He hit on solutions that resemble many modern media innovations, such as shorter-form writing and a focus on analysis instead of straight reporting,” Wells writes.
Soaring profits… Dow Jones & Co. reported a 19 percent increase in operating income and a 16 percent increase in revenue in the first quarter. The parent company of The Wall Street Journal, Barron’s and MarketWatch.com further reported a 19 percent increase in circulation and subscription revenues, which reflected the strong growth in digital-only subscriptions at The Wall Street Journal. The full details can be found here.
Bloomberg EIC: Tweet cautiously… Bloomberg editor in chief John Micklethwait sent a note to staff, a part of which reads, “Recent changes at Twitter have heightened the risks for using the platform as a source of news. We need to remain vigilant in assessing misinformation and hoaxes. If you see potentially newsworthy content on Twitter, before you send a headline or write up a story, please take a moment to think about whether this is a reliable source and whether the information is plausible. In some cases, you may need to talk to a few people to verify the account and the content before proceeding. If there is any doubt at all, don’t publish anything; confirm the information with a real person whose contact information you didn’t get from an account you can’t verify and whose identity you know is real.”
Adding to Latin American coverage… As it restructures its coverage of Latin American emerging markets, Bloomberg has made changes to its team with Brazil Chief Julia Leite taking on the role of Managing Editor for LatAm markets, David Papadopoulos becoming Executive Editor for the Markets Editing group globally, and Managing Editor for Latin America, Dan Cancel taking up the post of Senior Reporter.
AP announces inclusion promotion… The Associated Press has appointed Amanda Barrett VP of news, standards and inclusion. AP Executive Editor Julie Pace said, “Amanda will continue to report to me in this senior leadership position, ensuring that standards has a role in our most important News decisions. She’ll also lead an effort to build out our standards team so we have more internal resources and more opportunities to lead external standards discussions in the media industry and with the public.”
Forbes to sell itself?… Forbes is in talks to sell itself to a group of investors. Chief executive officer Mike Federle writes, “The potential acquirer is a consortium of family offices and global investors strategically aligned with the Forbes executive team and our goals for growing the company. As we’ve discussed, this is an exciting time to be at Forbes, and the continued investment interest we’ve seen in our company is a testament to the entrepreneurial spirit, hard work, and results that this team consistently delivers.” Lauren Hirsch and Benjamin Mullin reported, “Forbes had been seeking at least $800 million in a sale, but the final price will most likely be below that, according to two people familiar with the matter.”
Mariam Ahmed is Talking Biz News’ content correspondent. For tips on the Friday TBN Ticker, email her at mariam@talkingbiznews.com or connect with her on LinkedIn.
