Economist stake could fetch a premium
Henry Mance of The Financial Times writes that the 50 percent stake in The Economist that Pearson Plc wants to sell could demand a premium price from the buyer. Mance writes, “Operating profits have more than doubled over the past decade to £60m, reflecting the publisher’s push into the US and its relative success selling […]
Pearson in talks to sell stake in Economist
Pearson PLC plans to sell its 50 percent stake in The Economist magazine, reports Simon Zekaria of The Wall Street Journal. Zekaria writes, “The Economist, historically called a ‘newspaper’ and edited continuously from London since it was founded in 1843, posted an operating profit of £60 million in the fiscal year ended March 31, up […]
Prideaux named U.S. editor of The Economist
John Prideaux has been appointed U.S. editor for The Economist. He will be based in London. Prideaux joined The Economist as political correspondent in 2004. Prior to this he wrote for The Economist, the Financial Times and the New Statesman as a freelancer, and worked as a researcher in the House of Commons and the […]
Economist seeks revenue growth
The head of the Economist Group has promised a return to revenue growth in the next 12 months after falling print advertising caused a third successive year of declining sales, reports Henry Mance of The Financial Times. Mance reports, “Chris Stibbs said the company — which owns the Economist magazine and other information businesses — […]
Economist Films unveils two new pilots
The Economist’s new video initiative debuted the pilots of two digital video series today, with the intention of bringing the 171-year-old global-affairs magazine’s mindset to documentary form and a broader audience, reports Nicole Levy of Capital New York. Levy writes, “Drugs were the subject of the first series pilot shown Tuesday, a roughly 12-minute-long video […]
Economist launching bilingual Global Business Review
Ken Doctor writes for the Nieman Journalism Lab about the Global Business Review, a bilingual Chinese and English publication from The Economist. Doctor writes, “If this Chinese-language product works well, it won’t be The Economist’s only venture outside English. Expect Spanish to follow, with other languages added over time, as the very British Economist offers […]
Economist’s deputy editor Standage talks Espresso
Joseph Lichterman of the Nieman Journalism Lab spoke with The Economist deputy editor Tom Standage about Espresso, a daily news digest delivered via email or a dedicated app, which has been downloaded more than 600,000 times. Here is an excerpt of Standage’s comments: What we did with Espresso was instead of doing that in a […]
Economist launches film unit to produce video content
The Economist Group announced Monday the launch of Economist Films, which will work with Economist journalists to produce original video content. Eric Blattberg of Digiday writes, “The department is still staffing up, but Economist Films president Nicholas Minter-Green plans to build out a central team of filmmakers and producers who will create regular video programming […]
Economist cover on Latinos is criticized
Jessica Torres of Media Matters for America writes Monday about the latest cover of The Economist, which features peppers and has a story about the rise of Latinos. Torres writes, “A March 14 Economist article titled ‘How to fire up America’ featured the cover image, which plays into offensive and antiquated stereotypes about Latinos. Later […]
How the FT, Economist use Facebook for video
Garrett Goodman of The Media Briefing writes about how the Financial Times and the Economist use Facebook to promote its video content. Goodman writes, “Before posting videos to Facebook, The Economist had the fairly standard practice amongst news outlets of publishing video on its own website and monetising through pre-roll advertising. Last summer however, Tom […]
