rolling journalism into the shitbin thread

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tronc is the fuckin worst

https://www.huffingtonpost.com/entry/los-angeles-times-scab-fears_us_5a6a09bbe4b06e2532657c66

maura, Saturday, 27 January 2018 20:08 (one year ago) Permalink

see also

https://www.cjr.org/business_of_news/la-times-lewis-dvorkin.php

maura, Saturday, 27 January 2018 20:09 (one year ago) Permalink

from the huffpo piece (this is the tip of the iceberg)

At a recent meeting that D’Vorkin held with a group of reporters and editors, one employee asked what Levinsohn’s Jan. 18 presentation meant for Times staffers. D’Vorkin didn’t have an answer, according to a current employee and a former employee. “I didn’t see Ross’s presentation” was all he would allow. Staffers pressed him, explaining that that’s not what they’d asked — they had asked what was going to happen to them. “I didn’t see Ross’s presentation,” he said again.

“The Los Angeles Times is like a Soviet circus right now,” said one current employee. “Propaganda. Dancing bears. Mercurial leaders who say weird shit. People who disappear. It sucks, because we have a good team here.”

maura, Saturday, 27 January 2018 20:19 (one year ago) Permalink

https://www.cjr.org/covering_trump/trump-impact-foreign-reporting.php

Foreign news coverage has been taking a hit for decades. According to a 2014 Pew report, American newspapers even then had cut their international reporting staff by 24 percent in less than a decade. Network news coverage of stories with a foreign dateline averaged 500 minutes per year in 2016, compared to an average 1,500 minutes in 1988, according to a study by Tyndall.

“Clearly it’s harder for international stories to end up on front pages now,” says Ben Pauker, who served as the executive editor of Foreign Policy for seven years until the end of 2017. He is now a managing editor at Vox. From his own experience, Pauker says, it’s simply an issue of editorial bandwidth. “There’s only so much content an editorial team can process.”

maura, Thursday, 1 February 2018 13:08 (one year ago) Permalink

More Newsweek upheaval: EIC Bob Roe, managing editor Ken Li and investigative reporter Celeste Katz fired, apparently for investigating their own parent company's financial woes which triggered a raid by Manhattan DA's office on 1/19...

— Keith J. Kelly (@media_ink) February 5, 2018

maura, Monday, 5 February 2018 20:18 (one year ago) Permalink

oh man

The publisher of Newsweek and the International Business Times has been engaging in fraudulent online traffic practices that helped it secure a major ad buy from a US government agency, according to a new report released today by independent ad fraud researchers.

IBTimes.com, the publisher’s US business site, last year won a significant portion of a large video and display advertising campaign for the Consumer Financial Protection Bureau, a federal agency. Social Puncher, a consulting firm that investigates online ad fraud, alleges in its report that the ads were displayed to an audience on IBTimes.com that includes a significant amount of “cheap junk traffic with a share of bots.”

https://www.buzzfeed.com/craigsilverman/the-publisher-of-newsweek-and-the-international-business

maura, Monday, 5 February 2018 20:49 (one year ago) Permalink

Biotech billionaire Patrick Soon-Shiong has agreed to purchase the Los Angeles Times from its parent company Tronc, restoring local ownership and perhaps ending a turbulent period for the storied 136-year-old institution.

Chicago-based Tronc on Wednesday announced the sale of The Times and the San Diego Union-Tribune to Soon-Shiong's investment firm Nant Capital for nearly $500 million in cash. In addition to the purchase price, the deal includes the assumption of $90 million in pension liabilities.

"We look forward to continuing the great tradition of award-winning journalism carried out by the reporters and editors of the Los Angeles Times, the San Diego Union-Tribune and the other California News Group titles," Soon-Shiong said in a statement.

Tronc also announced that it will form a new division called Tribune Interactive, which will be led by Los Angeles Times Publisher Ross Levinsohn. The company said that an independent investigation into allegations of sexual harassment at previous companies found "no wrongdoing" by Levinsohn, who has been on unpaid leave since Jan. 19.

http://www.latimes.com/business/hollywood/la-fi-ct-los-angeles-times-sold-20180207-story.html

eye roll at that last bit

maura, Wednesday, 7 February 2018 15:08 (one year ago) Permalink

https://www.hollywoodreporter.com/news/vox-media-laying-around-50-people-1086869

In a memo to staff on Wednesday morning, Vox Media CEO Jim Bankoff announced plans to lay off around 50 employees, with the Racked, Curbed, SB Nation, and Video Services teams "bearing the biggest impact."

...

Bankoff said that initiatives around native social video, while "growing successfully and surpassing audience growth goals, "won’t be viable audience or revenue growth drivers for us relative to other investments we are making." He cited "industry changes over the past few months and our long term budgeting process" as contributing factors.

grawlix (unperson), Wednesday, 21 February 2018 15:02 (eleven months ago) Permalink

the unpivot

El Tomboto, Wednesday, 21 February 2018 15:03 (eleven months ago) Permalink

was Vox's union ever made official?

Simon H., Wednesday, 21 February 2018 15:05 (eleven months ago) Permalink

Yeah, I saw this story tweeted out by the Vox Union account.

grawlix (unperson), Wednesday, 21 February 2018 15:09 (eleven months ago) Permalink

eight months pass...

Creative Loafing in Charlotte just fired everybody and ceased print publication; the owner is selling the paper to his 28-year-old son, who "studies mind, spirit, & human growth at Mindvalley University."

https://pbs.twimg.com/media/Dq2ngR-WoAE8W7q.jpg

grawlix (unperson), Wednesday, 31 October 2018 17:45 (three months ago) Permalink

truly, it is time for the product to be innovated

Sing The Mighty Beat (sic), Wednesday, 31 October 2018 18:03 (three months ago) Permalink

This sounds like an April Fool's joke. Tell me they just mixed up their holidays and this is an April Fool's joke. Please.

Paul Ponzi, Wednesday, 31 October 2018 18:04 (three months ago) Permalink

truly, it is time for the product to be innovated disrupted

― Sing The Mighty Beat (sic), Wednesday, October 31, 2018 11:03 AM (two minutes ago) Bookmark Flag Post Permalink

ftfy

F# A# (∞), Wednesday, 31 October 2018 18:07 (three months ago) Permalink

Vice is fucked.

Vice Media to Shrink Workforce by as Much as 15% as Growth Stalls
Workforce reduction will happen through hiring freeze and attrition

Vice Media plans to shrink its workforce by as much as 15% through attrition and cut its selection of digital sites by at least half, according to people familiar with the matter, as growth stalls at the onetime new-media darling.

Revenue at the Brooklyn-based company is expected to be roughly flat this year, the people said, coming in between $600 and $650 million, on par with 2017. That number is more than $100 million below the projection Vice offered private-equity firm TPG in the summer of 2017. TPG’s investment gave Vice a $5.7 billion valuation, the highest of any new-media company.

Vice lost more than $100 million in 2017 and is on track to lose more than $50 million this year, people familiar with the matter said.

At a board meeting in Los Angeles on Tuesday, Vice Chief Executive Nancy Dubuc suggested the company focus on areas of growth, such as its in-house advertising agency, Virtue, and make more television shows and movies for third parties.

The plan outlined by Ms. Dubuc, who took over from co-founder Shane Smith in May, essentially shifts Vice’s emphasis away from the kind of online content that originally put it on the map for young users, but struggled in recent years as traffic stalled.

Vice runs more than a dozen online “verticals” such as Munchies for food, Noisey for music and Broadly for women. Ms. Dubuc plans to fold several of them into between three and five verticals, according to people familiar with the matter.

To reduce head count, Ms. Dubuc issued a companywide hiring freeze about six weeks ago, leaving about 220 positions open at the company of 3,000 employees, according to the people. Through that freeze and natural attrition, she plans to slim down Vice’s ranks by between 10% and 15% overall, they said.

Web traffic to Vice’s own sites has declined to 27 million unique visitors in September from 36 million two years earlier, according to comScore.

grawlix (unperson), Thursday, 8 November 2018 20:30 (three months ago) Permalink

oh well

maura, Friday, 9 November 2018 13:08 (three months ago) Permalink

Eh, I know one person who works there that I like.

grawlix (unperson), Friday, 9 November 2018 13:14 (three months ago) Permalink

boy this a real moral conundrum

i want donald duck to scream into my dick (bizarro gazzara), Friday, 9 November 2018 13:16 (three months ago) Permalink

rot in hell vice

princess of hell (BradNelson), Friday, 9 November 2018 13:28 (three months ago) Permalink

obligatory kim kelly exception

mark s, Friday, 9 November 2018 13:37 (three months ago) Permalink

three weeks pass...

venture capital will kill us all

maura, Friday, 30 November 2018 01:13 (two months ago) Permalink

More and more, I'm glad that I got out of full-time journalism fairly quickly.

Groove(box) Denied (Raymond Cummings), Friday, 30 November 2018 01:15 (two months ago) Permalink

The Mic employees said that the company had come to rely too heavily on a partnership with Facebook, which provided funding for a Mic-produced show on the social network’s Facebook Watch video platform.

I like queer. You like queer, senator? (Alfred, Lord Sotosyn), Friday, 30 November 2018 01:18 (two months ago) Permalink

they sold the assets to bustle, whose bryan goldberg is on the mic board. and bustle is planning to “rebuild the editorial team”

the content age is such a scam

maura, Friday, 30 November 2018 01:20 (two months ago) Permalink

I just went to the site and got this "subscribe to Mic Daily" pop up with a place for me to enter my email address, which seems kinda gauche today

Groove(box) Denied (Raymond Cummings), Friday, 30 November 2018 01:23 (two months ago) Permalink

rip rookie

http://www.rookiemag.com/2018/11/editors-letter-86/

maura, Friday, 30 November 2018 15:21 (two months ago) Permalink

wow can you believe it a private equity firm's purchase of a magazine has been bad for the magazine? WHO WOULD HAVE EXPECTED

https://www.latimes.com/business/hollywood/la-fi-ct-sunset-magazine-woes-20181130-story.html

this detail (reinstein is the guy who owns the equity firm):

Every year, the magazine renovates at least one house to showcase the latest trends. Tickets are sold to the public to tour the redesigned home. Advertisers and designers provide services and products, such as new doors, windows, cabinets, tubs and other design elements for free or at a steep discount because the finished house is prominently featured in the magazine.

When plans to build a house in Palm Springs fell through, Reinstein volunteered his own house in Beverly Hills. He said sponsors had already been lined up, he wanted to keep the program going, and that he incurred some of the construction costs himself. The house was featured in the November issue under the heading: Project Refresh.

“My No. 1 goal was to keep the advertisers happy,” Reinstein said.

oh sure. "the advertisers." these fuckin' people

maura, Friday, 30 November 2018 17:23 (two months ago) Permalink

three weeks pass...

This story is fucking amazing. This reporter made up features for Der Spiegel (and possibly other outlets he wrote for) for years, winning major prizes in the process, and now it's all unraveled.

grawlix (unperson), Friday, 21 December 2018 21:41 (one month ago) Permalink


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