The owner of The Guardian confirmed that it is in talks to sell The Observer, the world’s oldest Sunday newspaper, to Tortoise Media. (BBC News) Tortoise said negotiations include a commitment from it to invest more than GBP25 million ($33 million) over the next five years in the editorial and commercial renewal of the title….Read More
The Fallen Journalists Memorial Foundation unveiled its design for a National Mall monument honoring journalists killed in the line of duty, representing the first memorial for slain journalists on federal grounds. (The Daily Beast) The concept designs come as part of a lengthy but necessary regulatory process before the anticipated completion of the Fallen Journalists…Read More
The 2024 Summer Olympic Games in Paris took home the gold in Nielsen’s Gauge report for the month of August, which saw the Games boost viewing in the broadcast category by 8% month-over-month and 11% year-over-year to a total share of 22%. (TheWrap) With a huge menu of Olympics coverage, Peacock climbed from 1.5% of…Read More
A small but growing share of U.S. adults are regularly getting news on TikTok. In fact, since 2020, no social media platform we’ve studied has seen faster growth in the share of Americans who regularly turn to it for news, according to a new Pew Research Center analysis. (Pew) Young adults from ages 18 through…Read More
After months of speculation, i-D magazine named a new editor in chief and chief brand officer, plus a date for when it’s returning to print. Thom Bettridge will oversee the magazine’s print and digital platforms and new commercial ventures in his newly created role. (WWD)Read More
Paramount’s advertising division is the latest unit to be hit by layoffs. Deadline understands that layoffs began across Paramount Advertising, which is run by president John Halley, early Tuesday. (Deadline)Read More
Crafting the ideal lede for any news story can be a tough assignment. But NBC News enterprise reporters Mike Hixenbaugh and Jon Schuppe had an added challenge when they had to type the first sentence of their deeply researched investigative piece into a Texas medical school accused of profiting off of unclaimed bodies–a story that…Read More
Air Mail, the cosmopolitan digital media company founded by former Vanity Fair editor Graydon Carter, hired boutique investment bank The Raine Group to explore a sale, according to two people familiar with the matter who spoke on condition of anonymity to discuss a confidential process. (NYT)Read More
According to the latest Media Ad Sales Trend Flash Report from publisher ad management provider Boostr, focused on the first half of 2024, there are many positive ad sales trend lines showing that the doldrums of 2023 might be over–at least for now. (Digiday)Read More
Alexander Payne, the Academy Award-winning director of The Holdovers and Sideways, reunited with his longtime collaborator, actor Paul Giamatti, for a campaign celebrating New York hospital Montefiore Einstein’s Advanced Lung Failure and Lung Transplant Program. Giamatti is known for playing curmudgeons in Payne’s films, but in this ad by independent creative agency Alto, he’s surrounded…Read More
