Business

Poynter Results

  • Innovation

    Article

    For Washington Post's innovation sage, the future is coming along nicely

    Shailesh Prakash, the chief information officer for The Washington Post, was in techie heaven as he told a crowded Northwestern University lecture room of geeks and newsies about Hadoop, Spark, MongoDB, Druid, Kafka, HBase, AWS and other Jeff Bezos-inspired gambits married to Post journalism.

    They all appear to be leaving much of a geriatric, scared and under-resourced newspaper industry in the technological dust.

  • Business

    Article

    RealClearPolitics hit by surprise layoffs

    Large, surprise layoffs are under way at RealClearPolitics, which has blossomed from the dream of two Chicago businessmen junkies into a journalism staple for politics junkies.

    Co-founder Tom Bevan confirmed that 20 of 70 full-time employees will exit as an economically driven restructuring takes place, with two verticals closing, including one on sports.The bread and butter politics unit is not unscathed, and those notified included Alexis Simendinger, its respected White House correspondent.

  • Business

    Article

    Gannett makes company-wide cuts in reorganization

    Gannett is cutting less than 1 percent of its total workforce in a company-wide reorganization, a Gannett spokesperson told Poynter Wednesday.

    The cuts were announced to employees by CEO Bob Dickey in a video to employees Wednesday. Gannett, which has more than 20,000 employees globally, continues to battle declining print advertising earnings alongside the rest of the newspaper industry.

  • Business

    Article

    Scribd is now bundling its subscriptions with news organizations (starting with The New York Times)

    Scribd, the San Francisco-based startup that wants to be the Netflix for text, has a new plan to lure more subscribers: Give them The New York Times.

    This morning, Scribd announced a new two-for-one deal for students. Those with valid .edu addresses can pay $1.87 per week and get access to Scribd's library of written content and a digital subscription to The New York Times.

    The new bundling strategy is part of Scribd's plan to goose its subscriber base, which now north of 500,000, said Trip Adler, the CEO of Scribd.

  • 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."

 
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