Bloomberg News

Bloomberg LP reshuffles editorial management

FisbowlNY

Bloomberg LP has announced new changes to its editorial team, including the creation of a new “editorial management committee” composed of editor-in-chief John Micklethwait, deputy editor-in-chief Reto Gregori, and new editorial chief content officer Josh Tyrangiel, All main editors will now report directly to this committee, according to FisbowlNY.

In addition, Bloomberg will physically move its digital news section next to the journalists who write for Bloomberg News. “That will mean we have one unified newsroom with people who write in real time sitting beside each other,” wrote Micklethwait in a memo outlining the changes.

In a memo obtained by FishbowlNY, Micklethwait said:

Media CEO Justin Smith and I have collaborated closely on the editorial reorganization within Media specifically. The editorial heads in our Media businesses — Claudia [Milne for Broadcast], Josh Topolsky, Al [Mayers for Radio], Stephanie [Mehta for Events] and the magazine part of Josh Tyrangiel — will also have a business reporting line to Justin, where appropriate.
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Bloomberg News’ Matthew Winkler on hearing women’s voices in the newsroom

Matthew Winkler, who resigned his position as editor-in-chief of Bloomberg News in December, recently spoke at a United Nations panel on media and gender about how to include the perspective of women both within the newsroom and as part of international stories.

According the World Association of Newspapers and News Publishers, Winkler’s advice included knowing in advance the names of female leaders in every field of coverage, setting annual targets for increasing women in upper editorial levels, and specifically making sure that the needs of young mothers in the newsroom are addressed. The World Association of Newspapers’s full report can be read here. Read more

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Career Beat: Conn Carroll named White House correspondent for Townhall

Good morning! Here are some career updates from the journalism community:

  • Conn Carroll will be White House correspondent for Townhall. He has previously worked at National Journal. (Politico)
  • Jack Shafer will be a columnist and reporter for Politico. Previously, he was press critic for Reuters. (Poynter)
  • Hugo Sánchez will be a soccer analyst for ESPN Deportes. Previously, he was a guest analyst there. (Media Moves)
  • Erika Maldonado will be an anchor at Univision Chicago. Previously, she was a general assignment reporter there. (Robert Feder)
  • Laura Zelenko will be interim senior executive editor for beat reporting at Bloomberg News. Previously, she was executive editor for markets there. (Poynter)
  • Susan Montoya Bryan will be New Mexico correspondent for The Associated Press.
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Analysts: Businessweek loses $30 million a year

Financial Times

Businessweek loses $30 million per year, according to an estimate from analysts referenced in a Financial Times story announcing the launch of Bloomberg Business:

Bloomberg says Businessweek’s advertising revenue has increased 24 per cent between the acquisition and 2013, and its rate base — circulation promised to advertisers — has risen 9 per cent to 980,000. Publishers Information Bureau data show it gaining advertising page share from competitors The Economist, Forbes and Fortune.

Bloomberg, a private company, does not disclose financial results for its divisions but analysts estimate Businessweek loses about $30m a year — half the $60m Dan Doctoroff, Bloomberg’s outgoing chief executive, said it was losing in 2009.

The Financial Times reported Wednesday that Businessweek.com and Bloomberg.com will be replaced by Bloomberg Business, which will be Bloomberg Media Group’s flagship website. Read more

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Career Beat: Matthew Kaminski named executive editor of Politico in Europe

Good morning! Here are some career updates from the journalism community:

  • Matthew Kaminski will be executive editor of Politico’s European operation. He’s a member of the editorial board at The Wall Street Journal. Bill Nichols will be a founding editor-at-large of Politico’s European operation. He’s an editor-at-large at Politico. Carrie Budoff Brown will be associate editor and senior policy reporter at Politico’s European operation. She’s a White House reporter at Politico. Florian Eder will be managing editor at Politico’s European operation. He is a correspondent at Die Welt. Shéhérazade Semsar-de Boisséson will be managing director of Politico’s European operation. She is the owner and publisher of European Voice. (Poynter)
  • Matthew Winkler will be Editor in Chief Emeritus at Bloomberg News. Previously, he was editor-in-chief there.
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Jay Leno, Michelle Obama, Matt Winkler

Matt Winkler steps down as Bloomberg News EIC

Matthew Winkler will step down as editor-in-chief of Bloomberg News. Economist Editor John Micklethwait will be the news organization’s new editor-in-chief. Winkler will be Bloomberg’s “Editor in Chief Emeritus,” a spokesperson tells Poynter.

The Economist’s board is beginning the process of choosing Micklethwait’s successor, it says in a press release. He’ll leave at the end of January, the Economist says.

Michael Bloomberg’s “view has always been to make changes to the business when you’re growing and things are going well,” Bloomberg LP executive Kevin Sheekey said in a statement. “He would rather prepare for the future than react to it.”

“When Mike left City Hall, he said the only two publications he would read are Bloomberg Businessweek and The Economist. He has enormous respect for John and what he’s done.”

Winkler’s eventual departure was portended by a decision last year to reorganize the editorial ranks at Bloomberg, creating six executive editor positions — three of which reported directly to Winkler, said Time Inc. Read more

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Career Beat: Daniel Norselli named president and publisher of the Springfield News-Leader

Good morning! Here are some career updates from the journalism community:

  • Daniel Norselli is now president and publisher of the Springfield (Missouri) News-Leader and The Baxter Bulletin. Previously, he was senior digital sales director for the Democrat and Chronicle Media Group. (Gannett)
  • Katie Hawkins-Gaar will be Poynter’s digital innovation faculty member. She is editor of CNN’s iReport. (Poynter)
  • Jenna Wortham is now a staff writer at The New York Times Magazine. Previously, she was a columnist on the business desk. (New York Times)
  • Jessica Lustig will be deputy editor at The New York Times Magazine. Previously, she was a staff editor there. (Poynter)
  • Ethan Bronner will be managing editor for international government at Bloomberg News. Previously, he was deputy national editor at The New York Times.
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Career Beat: Loren Mayor named chief operating officer for NPR

Good morning! Here are some career updates from the journalism community:

  • David Gillen is now executive editor of news enterprise at Bloomberg News. Previously, he was deputy business editor of enterprise at The New York Times. (Politico)
  • Loren Mayor is now chief operating officer for NPR. Previously, she was senior vice president of strategy there. (Poynter)
  • Weston Phippen is now a reporter for the National Journal. Previously, he was a staff writer at the Tampa Bay Times. Lauren Fox will be a Congress reporter at the National Journal. Previously, she was a political reporter at U.S. News and World Report. (Email)
  • Mark Brackenbury has been named executive editor for the Connecticut Group at Digital First Media. He is managing editor for the New Haven Register.
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Clash over Abramson’s style may have figured in Politico editor’s resignation

mediawiremorningGood morning. Here are 10 media stories.

  1. Rick Berke leaves Politico: The publication’s executive editor resigned Sunday, citing “an acceptance by the three of us that the dynamics were just not there for us to function seamlessly.” The other two people in that “three of us” formulation, John Harris and Jim VandeHei, tell staffers “We have very big plans for expanding POLITICO here and elsewhere and need in place a leadership team that shares our vision, ambitions and full faith.” (HuffPost) | Erik Wemple passes on word of an awkward “Politico University” workshop in May, after Berke’s former boss Jill Abramson was fired: “Berke got a bit off-topic, putting forth his opinion that Abramson was an inept and insensitive manager. Some female staffers objected to that characterization, and the session blew up in awkward polemics about the internal politics of a competing outlet.” (WP) | “Rick Berke does not capitalize “Politico” in his resignation message.
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Josh Tyrangiel will oversee all editorial content at Bloomberg Media

A memo from Bloomberg Media Group CEO Justin B. Smith says Josh Tyrangiel “is proving there is little he cannot take on” while he and Smith craft a “new direction for Bloomberg Media.”

Tyrangiel will “be the editorial lead for everything we do from magazines to TV to radio, digital and live events and continue to oversee Bloomberg News’s Projects team and the Data Viz and Rankings teams,” Smith writes. The announcement “is long overdue as Josh has unofficially been playing this role for some time.”
Full memo:

As you know, Josh Tyrangiel has been working around the clock as my partner in leading our new direction for Bloomberg Media. He has taken the helm at Bloomberg TV and led the development of our new digital-first brands, all while continuing to oversee Bloomberg Businessweek and the Projects & Investigations team at Bloomberg News (which by the way are stronger than ever).

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