Around the town
News Corp bought Storyful, the social media news agency, for about $25 mil. (Press Release)
Katie Couric told her staff that there wouldn’t be a third season of her show, just hours before the holiday party. But they got cashmere gloves to soften the blow. (The New York Post)
A judge ruled today in favor of The New York Post in a lawsuit first filed back in 2009 by former Post employees Austin Fenner and Ikimulisa Livingston. The lawsuit alleged that the reporters were subjected to racial discrimination during their time at the newspaper.
Around the town
It must be a slow news day for the New York Post, whose featured story as of 2:30 p.m. today is an 1100-word profile of a woman who only eats fruit.
Here’s a quick run-down of the story that’s eclipsing all other local news today: A young woman was really sick Read More
Around the town
CNN has hired Times media reporter Brian Stelter, who has previously said that he “would not leave the Times for a television job.” Along with his media reporting duties, he’ll also host Sunday’s “Reliable Sources” program. (Politico)
Yesterday, PBS sent an email to some 50 news organizations with information about an interview that would air on Charlie Rose later that night, noting that the information was embargoed until after the show aired at 11 pm. Buzzfeed published information about the interview anyway, scooping Mr. Rose on his own interview.
This upset many journalists, including NBC’s Chuck Todd, who naturally took to Twitter to complain. Others, including Commentary‘s John Podhoretz and Buzzfeed editor in chief Ben Smith, insisted that an embargo must be mutually agreed upon, not unilaterally imposed. Just because PBS said the information was embargoed didn’t mean it necessarily was. Soon, the Twitter debate descended into bickering about journalistic ethics. Not bad for a Monday night. (Twitter/Buzzfeed)
Looks like the Murdochs aren’t the only people in the News Corp. universe calling it quits today. News Corp. announced in a press release that CFO David DeVoe will retire after the June 28 company splits into two on June 28.
But unlike the Murdochs, Mr. DeVoe and Mr. Murdoch seem to have nothing but nice things to say about each other.
off the record
The first time The Observer met Mandy Stadtmiller at her Chelsea studio, the contents of her trash were strewn all over the floor. While Ms. Stadtmiller had been at a friend’s art opening, Samsung, her rescued pit bull, had thwarted his owner’s quickie attempt to clean up. Before we could examine the contents of the mess, Ms. Stadtmiller ushered us into the hallway to wait while she located a trash bag in a cabinet next to a pair of high heels and picked up the refuse.
Inside, her crystal collection sat on a shelf above a bin of bras. A couple of stuffed animals, inspirational sayings and books with titles like Use Your Body to Heal Your Mind decorated the room. A file cabinet served as a combination bedside and dining room table next to a double bed with a plush green velvet headboard.
Mergers and Acquisitions
It didn’t feel much like winter.
It was balmy: 60 degrees and sunny. The holiday decorations felt out of place in the mild breeze. But the frost was creeping in—media winter (as foreshadowed in October by the fall of Newsweek) was in full swing by 9 a.m. on the first Monday in December.
First came the announcement that The Daily, Rupert Murdoch’s foray into iPad journalism, was being shuttered after less than two years and many millions of dollars. The news wasn’t wholly unexpected. A third of the staff had been laid off over the summer, and a sense of doom and gloom had hung over the ninth floor of News Corp. HQ ever since. It was a matter of when, not if, the tablet app would disband. But, as with any death watch, just because it’s expected doesn’t make it any less humbling.
Meeting the Press
HarperCollins’s parent company News Corp. is interested in acquiring Simon & Schuster from CBS, according to The Wall Street Journal, which is also owned by News Corp.
The prospect of a merger between Simon & Schuster and HarperCollins doesn’t come as a surprise to publishing insiders.
So The Journal announced its new Friday real estate section today. You can read all about it in the release below. What struck us though, was the name. “Mansion” it will be called.
We couldn’t help but think it lacked a certain sophistication (say the people who brought you VelvetRoper.com), so herewith are some suggestions: Read More