Business

Poynter Results

  • Business

    Article

    Vox Media workers' union move, explained

    A formal declaration by editorial workers at Vox Media falls short (thankfully) of the fury and blood-stained victimization rife in long-ago calls for collective action in the auto, steel, clothing, railroad or coal industries, among others.

  • Business

    Article

    What the blockbuster sale of Time Inc. means

    The $3 billion Sunday evening sale of Time Inc., long the king of magazine companies, is stunning for not being stunning. It will now be a footnote, albeit an important one, to a digital revolution that has altered the basic business models of once omnipotent media companies.

  • Business

    Article

    Vox Media workers seeking to join union

    Vox Media, one of the editorially strongest of digital news newcomers, is confronting a new and similar reality to their print and broadcast counterparts: unionization.

    The Writers Guild of America, East announced that editorial and video staff at Vox are signing up with the union. By coincidence, the move comes shortly after a unionizing attempt at DNAInfo/Gothamist in New York prompted billionaire owner Joe Ricketts to abruptly shut down that entire 115-person operation nationwide. Workers had just disclosed their intentions with the same union.

  • Business

    Article

    FCC rolls back ownership regulations for big media companies

    The Federal Communications Commission voted 3-2 Thursday to relax broadcast ownership rules that will allow Sinclair Broadcast Group to purchase Tribune Media and expand Sinclair's reach to nearly three-fourths of all American households. The vote was not a surprise, but it was not without some drama.

  • Business

    Article

    FCC to vote today on ownership rules, including the Sinclair-Tribune merger

    The Federal Communications Commission will vote today on whether to relax decades-old rules that prevent the same company from owning a newspaper and TV station in the same market and limit the number of stations a company may own.  

    The rules come from a pre-cable and pre-internet era when newspapers and broadcast stations could dominate news and advertising in a community.  Media companies say they need the scale of large ownership to reduce costs and increase a larger customer base.

  • Business

    Article

    Poynter records a $627,000 surplus for 2016, thanks to a strong year for grants

    For a second consecutive year, Poynter reported a surplus — $627,000 — in a filing to the Internal Revenue Service for 2016.

    The result was driven by a particularly strong year in revenue from grants together with continued expense reduction, down 18.3 percent from 2015.

    The $3.4 million in grants and contributions was a 58 percent increase over the previous year. However, more than $2 million was earmarked to be spent in 2017 and beyond. 

 
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