AllThingsD Parting Ways With Dow Jones (Fortune)
The team behind influential tech site AllThingsD is severing ties with founding owner Dow Jones, a subsidiary of News Corp. Fortune reported last month that AllThingsD co-executive editors Kara Swisher and Walt Mossberg had hired investment bank Code Advisors to find outside investors, as they continued to negotiate with Dow Jones about either ending or extending a partnership agreement that was set to expire on Dec. 31. In the end, however, they were not able to work out a deal. Not only does that mean the AllThingsD team will no longer share content and certain advertising functions with Dow Jones, but also that Mossberg will leave his Wall Street Journal column after 20 years (he has been with the paper for a total of four decades). Dow Jones also will retain the AllThingsD brand. All of this becomes effective at year-end. AllThingsD First things first: We’re keeping the Steelcase hot-seat red chairs. Forever. In fact, we own quite a few now. And we’ll still be scooping and reviewing all things digital right here, at this Web address, for a few more months. So, while we appreciate the teary farewells we’ve been receiving across the Web, they’re premature — not by just months, but by many, many years. GigaOM The decision leaves All Things Digital — which was wholly owned by Dow Jones — in limbo while it tries to find a new media partner or buyer. NYT Dow Jones confirmed on Thursday evening that the company would part ways with Walt Mossberg and Kara Swisher at the end of the year when their contracts expire. Gerard Baker, editor-in-chief of Dow Jones and managing editor of The Wall Street Journal, said in a statement that the Journal was increasing its bet on technology coverage even without Swisher and Mossberg, its most prominent stars. FishbowlNY The separation of AllThingsD and Dow Jones also means the end of Mossberg’s tenure at The Wall Street Journal. He had been with the paper since 1970. TheWrap Swisher and Mossberg launched AllThingsD in 2003, and it quickly became a must-read tech site. Its annual “D” conference is a Who’s Who of Silicon Valley that makes millions of dollars annually for the journalists and Dow Jones. The conference brand had expanded into a media version and to Asia in recent years.
What Really Happened to ‘Reuters Next’ (Politico / Dylan Byers on Media)
On Wednesday Thomson Reuters’ new CEO Andrew Rashbass announced the company was canceling the ambitious new digital news product Reuters Next. Conversations with several Reuters insiders and people with knowledge of the situation show Rashbass may have wielded the final axe, but Reuters Next had been facing a downfall for some time. Reuters Next died, these sources said, because of an ugly meeting of corporate politics, a lack of direction and the realization that money is more important to Thomson Reuters than consumer-focused news. BuzzFeed / Business One Reuters source said “the majority of the Web and design team are being cut,” which amounts to more than 20 staffers. The project, which had been in place for around two years and pulled in dozens of editorial and product staff, had been oft-delayed, even though a preview version of site launched at the end of April.
BBC to Ax 75 News Posts (The Guardian)
The BBC is to ax 75 more posts in news and the English regions in the latest round of cuts as part of its £700 million Delivering Quality First cost-savings initiative. James Harding, the new BBC director of news and current affairs, announced the redundancies on Thursday in a move he conceded would “add to uncertainty after what has been a trying year.”
New York Times Company to Pay A 4-Cent Dividend (NYT)
The New York Times Company announced on Thursday that it would pay a quarterly dividend to its shareholders for the first time in five years. The company’s board voted to approve a dividend of 4 cents a share to all shareholders of record as of Oct. 9, 2013. It will be paid on Oct. 24, the week before The Times announces its third-quarter earnings. The Times has not paid a dividend since Dec. 14, 2008. CJR / The Audit Does The New York Times Company have $24 million a year to spare? Apparently its executives — and more to the point, its Wall Street analysts and its Sulzberger trust fund kids — think it does.
In U.S., Trust in Media Recovers Slightly From All-Time Low (Gallup)
Americans’ confidence in the accuracy of the mass media has improved slightly after falling to an all-time low last year. Now, 44 percent say they have a great deal or fair amount of trust and confidence in the mass media, identical to 2011 but up from 40 percent in 2012, the lowest reading since Gallup regularly began tracking the question in 1997. HuffPost Congrats, journalists: you’re not as hated as you were last year! “This year’s bump in confidence comes mainly from independents and Republicans, after these groups’ trust in the media dropped last year amid a heated presidential election race in which Mitt Romney supporters may have felt their candidate was being treated unfairly,” Gallup wrote.
Four Departures Announced at Minneapolis Star Tribune Posts (Poynter / MediaWire)
A day after Minneapolis Star Tribune editor Nancy Barnes announced she’s leaving to become editor of the Houston Chronicle, three staffers also announced their departures. Liala Helal, who works out of the paper’s Burnsville bureau, is leaving at the end of the month to become an online local news reporter for Minnesota Public Radio. Rose French and Brad Schrade, husband and wife, are leaving for jobs at the Atlanta Journal-Constitution.
Daily Mail Slapped With $3 Million Libel Lawsuit by Porn Actress (TheWrap)
A softcore porn actress is suing Daily Mail’s parent company Associated Newspapers Ltd. for $3 million, accusing one of the most-read news sites in the world of putting her photo on an article about an HIV positive adult actress without her permission. Danni Ashe sued the British paper on Tuesday. According to court documents, an Aug. 22 article about a porn actress who had tested positive for HIV used a photo of Ashe for illustrative purposes.
Gretchen Carlson: Fox & Friends Had No-Pants Rule (Politico)
Fox News’s Gretchen Carlson on Thursday said her former gig as a co-host of the network’s popular morning show had a strict dress code, as “pants were not allowed on Fox & Friends.” Carlson, who recently left Fox & Friends and will soon debut a new one-hour daytime program on Fox News, talked about the show’s pants rule during an appearance on her former co-host Brian Kilmeade’s radio show.
The Viral Navy Yard Photo Is Related, After All (The Atlantic Wire)
The Associated Press dropped a rare plot twist into a story of how the facts that emerge in the first hours after breaking news are so often wrong by undoing its retraction of a photo that, it turns out, was related to the Navy Yard shootings on Monday after all. One of the first photos from the area after the shootings, its authenticity came under scrutiny almost as soon as the image, showing a man on the ground surrounded by people, began to go viral. The AP, after quickly “authenticating” the photo late Monday morning, “eliminated” it from its archive hours later. But as of Thursday, that image is back in circulation, along with an additional image depicting the same scene, after one of the agency’s reporters tracked down the story behind the photograph, which is very much connected to Monday’s tragedy. FishbowlDC Freelancer and former Politico reporter Steve Friess had a terse exchange with The Atlantic Wire’s Eric Levenson over a scene photographed on the day of the Navy Yard shootings.
Upworthy Co-Founder Eli Pariser Explains What Upworthy’s Doing And Why It Annoys Me So Much (On The Media / TLDR)
Last week, Upworthy, the website built for viral progressive political content, secured $8 million in funding. I wrote a piece about how annoying I find it. I compared it to San Francisco, which is the deepest epithet in my epithet bullpen. I also complained that while Upworthy co-founder Eli Pariser wrote a book about the danger of people online segregating into bubbles of like-minded viewpoints, Upworthy itself seems to be one. Pariser got in touch to explain how he sees the role of the site.
Pinterest Sends Your Site More Traffic, Study Says, But Maybe Not The Kind You Want (Ad Age / Digital)
Pinterest may have quickly arrived as a major source of traffic to many websites, but those visitors may click on the ads they see there less often than others. That’s the finding of a new study by ad technology company Yieldbot, which has both an ad server and a publisher analytics platform, seeing 1.5 billion page views each month. While Pinterest refers far more traffic than any other social site, according to Yieldbot’s data, those visitors click on ads 45 percent less than the average of all visitors.
Chris Geidner Is BuzzFeed’s New Legal Editor (NY Observer)
BuzzFeed is adding a legal editor. Chris Geidner, who has written about legal issues as a senior politics reporter for the viral news site since 2012 and been especially active in covering the push for marriage equality, has been promoted to the newly-created position.
Scholastic Cuts Loss Despite Sales Drop (Publisher’s Weekly)
Gains in its educational technology group were not enough to offset declines in the children’s book publishing and distribution unit resulting in a 5.8 percent decline in total sales at Scholastic for the first quarter ended Aug. 31. Still, the company cut its net loss in the period to $29.9 million from $32.1 million in the first quarter of fiscal 2013. Costs cuts were cited as the primary reason for the smaller loss. To account for its cost-saving initiatives, Scholastic took a pretax severance charge of $2 million in the quarter.
Time Promotes Three, Hires 11 Staffers (FishbowlNY)
Nancy Gibbs hasn’t been managing editor of Time for long, but she has already made some big moves. Gibbs sent out a memo Thursday announcing three promotions and 11 new hires. NY Observer New hires include Isaac Guzmán, who becomes Time.com’s new culture editor and served for eight years as the New York Post’s Sunday features editor; Matt Vella, the new business editor, who comes from Fortune; and Dan Hirschhorn, who fills a new role as “continuous news editor” and was previously a national politics reporter at the Daily.
Virgin Media to Cut 600 Top And Middle Management Posts (The Guardian)
Virgin Media is to cut 600 posts among its top and middle management, as cable giant Liberty Global looks to make its new £15 billion acquisition into a more “agile and efficient” business. The UK cable company is understood to have informed its 15,000 staff on Thursday of a 90-day consultation period to cut about 4 percent of its headcount.
michelleMfuller I love this! Friends of course – I still watch all of the reruns.
ABenjaminAuthor Happy Endings!!
Nicole St. Amand Freaks and Geeks should be on here.
Hillary Fields Firefly
Suzanne Marie Walsh I would want ‘Arrested Development’ on regular TV.