The head of the Hearst Corporation, Victor Ganzi, has left the company, citing “irreconcilable policy differences†with the Hearst family trust. The reason wasn’t disclosed, but sources tell the NYTimes that it revolved around the level of investment in newspapers and digital strategy. “The word had come from on high that they weren’t doing enough getting into digital, nothing big enough to fundamentally change the business model,” a source told the NYTimes. Sounds like just about every media company’s challenge these days.
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