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“#Vox co-founder Ezra Klein and the site’s top editor are leaving” Vox Media co-founder Ezra Klein and the Vox.com editor in chief Lauren Williams are both leaving the company, the latest digital news pioneers to jump ship as their startups struggle amid the pandemic. Klein, editor at large at Vox, said Friday he will leave…
“#New York Times says digital-only subscriptions pass print revenue” The New York Times reported surprisingly strong profits despite declining ad sales on Thursday, and said revenue from online-only subscriptions surpassed its print revenue for the first time ever. The Gray Lady, which like most media has gotten a boost in a quarter dominated by the…
“#Drudge Report traffic plunges as content turns against Trump” The Drudge Report posted a 45 percent decline in web traffic in September as the site alienated its core readers by turning against President Trump ahead of the 2020 presidential election. The data — derived from comScore, which tracks the industry — were released in a…
“#FTC needs more power to take on Big Tech’s dominance” The Federal Trade Commission needs more weapons in its battle to defend news organizations against Big Tech. That’s the message from US Sen. Maria Cantell (D-Wash.), who said new powers are the only thing that will help the FTC protect the struggling local news industry…
“#Google must open payment talks with publishers” A French court has ordered Google to begin talks with publishers in the country about paying to use their content, a move that could have ripple effects across Europe. The search giant will now need to discuss remuneration with publishers and news agencies under the EU’s “neighboring right,”…
“#Quartz up for sale just two years after it was sold by Atlantic Media” Quartz is on the block again just two years after a Japanese news aggregation and media company agreed to buy the struggling financial news site from Atlantic Media. At the time of the July 2018 sale, the sale price for the…
“#Bonnier sells Popular Science, Field & Stream and Outdoor Life” The family-run Swedish media giant Bonnier Corp. continues its retreat from the US market with the sale of Popular Science, Field & Stream and Outdoor Life — each over 100 years old — to a private-equity firm that has been snapping up media properties. Terms…
“#Google says it will pay news publishers $1B over next 3 years” Google will pay $1 billion over the next three years to global news publishers that it licenses content from. It is a milestone moment for Google, which has for years been accused of taking advantage of publisher content while simultaneously siphoning off their…