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Maura McGowan
News Corp. Split Begins Preliminary trading starts for publishing spinoff

News Corp.'s publishing spinoff began preliminary trading at a value of $9.1 billion, making it "the biggest U.S. newspaper publisher by market capitalization," according to Bloomberg Businessweek. The preliminary trading is…

June 20, 2013, 11:37 AM EDT

Rupert Murdoch's Divorce Will Not Affect News Corp. Split Wendi Deng's daughters with the mogul will have economic, but not voting, stakes

Rupert Murdoch has reportedly filed for divorce from Wendi Deng, his wife of 14 years. A spokesperson for News Corp. confirmed the story in a tweet. The announcement was made for…

June 13, 2013, 2:30 PM EDT

WSJ Offers Buyouts to Staff Number of offers undetermined

Buyouts have been offered to employees of The Wall Street Journal and DowJones Newswires, Romenesko reported, citing a tip from an anonymous Journal staffer. The staffer said he was given one…

June 13, 2013, 11:17 AM EDT

Pew Finds Nonprofit News Sites Are "Growing but Fragile" Study surveys 172 nonprofit sites

The Pew Research Center released a new study on Monday that found that nonprofit journalism is "growing but fragile." While the number of startup nonprofit news outlets continues to grow,…

June 10, 2013, 1:06 PM EDT

Chicago Sun-Times Eliminates Entire Photography Department Reporters will take iPhone photos after mandatory training

A week after the Chicago Sun-Times laid off all 28 of its photographers, the newspaper is training its remaining staff to take photos with iPhones, The Verge reported. "Sun-Times reporters begin…

June 4, 2013, 1:09 PM EDT

Politico Adds Editor, Expands Coverage After paywall addition, news brand reporting goes longform

Politico announced Sunday two big changes: It will be expanding its coverage to include magazine-style stories and opinion from big-name outside contributors; and Susan Glasser, editor in chief of Foreign…

June 3, 2013, 11:12 AM EDT

News Corp. Plans Cost-Cutting as Newspapers Are Divested From Entertainment Nearly half of revenue comes from sources other than advertising

News Corp. chief executive Robert Thomson said cost cuts will be "relentless" as the company's newspaper arm divests from Rupert Murdoch's entertainment assets, Reuters reported. The new News Corp. will debut…

May 29, 2013, 12:46 PM EDT

New York Times Goes Native With Citi Bike CitiBank-sponsored content will run in The Scoop app

The New York Times has added an update to its things-to-do app The Scoop that promotes the new Citibank-sponsored bike-sharing system. The new feature is a map, carrying a "sponsored"…

May 29, 2013, 10:56 AM EDT

Newsweek's All-Digital Relaunch Includes Ad Sponsorship Plan Inspired by NPR, only 1 advertiser per article

Baba Shetty, CEO of The Newsweek Daily Beast Company, has lofty ideas for Newsweek's all-digital relaunch. Formerly an ad exec at Hill Holliday, Shetty will oversee Newsweek's transformation into a…

May 22, 2013, 1:07 PM EDT

Bloomberg Apologizes for Reporters' Use of Financial Terminal Data Treasury and Fed investigating

After Bloomberg disclosed that its journalists used its proprietary financial data terminals to monitor clients and score scoops, the company apologized and the Federal Reserve and Treasury threatened inquiries, The New…

May 13, 2013, 10:37 AM EDT

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