Categories: OLD Media Moves

NYTimes to expand Dealbook operations

The New York Times plans to hire up to 12 additional staffers for its popular Dealbook blog run by business journalist Andrew Ross Sorkin, writes Russell Adams of The Wall Street Journal.

Adams writes, “The people said New York Times Co. management has approved the addition of about a dozen people to the existing staff of eight at DealBook, a four-year-old financial-news blog edited by Andrew Ross Sorkin, the Times’s chief mergers and acquisitions reporter.

“Launched in the spring of 2006, DealBook has become one of the most popular destinations on nytimes.com but it’s also been the subject of controversy.

“In February, former DealBook writer Zachery Kouwe resigned after the Times uncovered multiple instances of plagiarism. The discovery followed a letter from The Wall Street Journal to the Times calling attention to similarities between a Feb. 5 article on the Journal’s Web site and articles that later appeared in the online and print editions of the Times.

“DealBook’s expansion bucks a trend at the Times and at most other news organizations, which have been slashing costs to help offset declining revenues. Late last year, Times Co. shed 100 jobs in the flagship paper’s 1,150-person newsroom.”