Business

Poynter Results

  • Business

    Article

    Quartz's latest special project is a $35 hardcover book

    With its insider-y lingo and unending stream of numbers, business news isn't the most reader-friendly beat in the journalism industry.

    That's one of the reasons why Quartz is now selling a book that explains the global economy using objects — things readers can literally grasp — as its focal point.

  • Business

    Article

    Tronc inherits $8 million cash prize in Daily News deal

    Though the New York Daily News was sold for just $1 on Sunday, the new owner, Tronc, will inherit millions of dollars in cash as part of the deal.

    The $8 million in "working capital" is part of a deal that includes significant costs, though: About $26.5 million in pension obligations, of which $2 million must be paid annually; $18.7 million in outstanding debt mostly tied to workers’ compensation and auto liabilities; and another $16 million in workers’ compensation and automobile insurance liabilities.

  • Business

    Article

    Rupert Murdoch's company just paid $2.6 billion for the rights to cricket games

    Rupert Murdoch knows an all-rounder, namely a cricket player who can both bowl and bat adeptly.

    And maybe, it seems, Mark Zuckerberg now does. Or somebody who works for him.

    This sports business story that broke in Monday's Financial Times is worthy of note:

    "Rupert Murdoch’s Star India has seen off rival offers from Sony Pictures and Facebook with a record $2.6 billion bid to secure the rights to show the Indian Premier League cricket competition around the world for the next five years."

  • Business

    Article

    The Newseum may consider selling its building

    The Newseum's perennial financial woes once again spilled out into public Monday night after The Washington Post reported that the museum's president, Jeffrey Herbst, was stepping down as its board takes a long, hard look at the books.

  • Business

    Article

    The Atlantic is starting a membership program

    The Atlantic announced today that it's introducing a membership program for fans, becoming the latest publication to seek out reader support to bolster its bottom line.

    The announcement, which came in a letter to subscribers, promised "a brand-new way to experience The Atlantic" and pledged that members would get exclusive access to content.

    Dear Subscriber,

    We wanted you to be the first to know that, in the next few weeks, we're going to be launching a brand-new way to experience The Atlantic.

  • Business

    Article

    New Los Angeles Times CEO will be paid a starting salary of $1 million

    The new CEO and publisher of the Los Angeles Times will have a starting salary of $1 million, and he's positioned to make much more depending on the financial success of the Los Angeles Times and the company that owns it, Tronc.

    Ross Levinsohn, 54, the former interim CEO of Yahoo, took over as the head of the Los Angeles Times on Monday in a leadership shakeup at the newspaper.

  • Business

    Article

    After more than half a century, The Village Voice is closing its print edition

    The Village Voice, a storied progressive alt-weekly that has watchdogged New York's political and business classes for more than half a century, is ending its print edition, its owner announced Tuesday afternoon. The announcement is a symbolic blow for alternative weeklies across the United States, which have endured successive cuts and closures in recent years as print advertising revenue has dried up.

 
Email IconGroup 3Facebook IconLinkedIn IconsearchGroupTwitter IconGroup 2YouTube Icon