off the record

The Times They Are A-Buzzin’: Jim Roberts and Ben Smith Talk Video Collabo

A media odd couple was formed on Monday, when BuzzFeed and The New York Times announced that they will join forces to cover the Democratic and Republican national conventions in live-streaming video “TimesCasts” on NYTimes.com.

The collaboration, which serves to lend the Times’ growing video department a jolt of buzzy, young talent while cementing BuzzFeed’s nascent journalistic credentials, was born from the Twitter-based mutual admiration of New York Times assistant managing editor Jim Roberts and BuzzFeed editor-in-chief, Ben Smith. The two met IRL when they sat on a panel together during Social Media Week in February.  Read More

Stratospheric Sales

Imagine having it all?

Yours For Just $72 Million: Another Man’s Broken Dream

The late Howard Ronson and his family had a dream—a dream of making the mansion at 828 Fifth Avenue whole again, as it was in the glorious days when coal magnates commissioned Fifth Avenue manses and robber barons ruled the land. But sometimes dreams die.

After a buying spree that netted four of the nine luxurious co-op units in the building, the family is giving up, The Wall Street Journal reports.

The family has decided to give one lucky buyer—a “person with vision”—the chance to purchase their failed dream for $72 million. Read More

Poaches

Wall Street Journal Poaches New York Times Social Media Editor Liz Heron

The New York Times social media editor Liz Heron has jumped to rival Wall Street Journal, according to an internal memo sent out today by  Journal digital managing editor Raju Narisetti. She replaces Zach Seward, who left late last month to help launch a business news product at Atlantic Media, although the role has been expanded, according to a company spokeswoman. Her official title is “Director, Social Media and Engagement.”

She will lead a growing a team and report to Mr. Narisetti, a former Journal deputy managing editor who returned to the Wall Street Journal last month after a three-year stint at The Washington Post immediately following the Murdoch takeover. When he stepped down as managing editor of the Post, editor Marcus Baruchli credited him with increasing the paper’s web traffic.

In the memo, reproduced below, managing editor Robert Thomson praised Ms. Heron’s “e-empathy and e-expertise.” Read More

Mean Girls

Greg Smith, via nytimes.com

Bloomberg View Greg Smith Editorial Unlikely to Alienate Terminal Subscribers

Bloomberg View’s take on Goldman Sachs vice president Greg Smith’s New York Times editorial-as-resignation reads like catty note written in Calc class and passed to all the Goldman Sachs employees reading the morning news on, well, their Bloomberg Terminals.

Just about every newspaper has treated yesterday’s editorial as a news story in itself, including other departments of The New York Times. Rival Wall Street Journal covered it from every angle, publishing both the internal memo in which Goldman ceo Lloyd Blankfein responded to its allegations and a parody in the voice of Knicks coach Mike D’Antoni, who also resigned yesterday.

But today’s un-bylined Bloomberg View editorial shows up even the parodies with its derision, synthesizing all the nasty things that cooler banker types said on Twitter yesterday. Read More