Posts Tagged ‘ 700 ’

One of the first questions I asked Jim Brady when he went public with his Allbritton local news startup was when would Erik Wemple be joining? The answer is now. Wemple, the high-profile editor of alt-weekly Washington City Paper for the last eight years, will be the new enterprise’s editor, reporting to Brady, president...
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Dow Jones (NYSE: NWS) wants to buy the 50 percent stake it doesn’t currently have in personal finance mag SmartMoney from Hearst, the WSJ reports, citing unidentified sources. No word on what price DJ is offering for the magazine, though a deal could be hammered out by...
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As MTV Networks (NYSE: VIA) ad execs begin meeting with marketers and media buyers for this year’s upfront, the Viacom unit is putting some finishing touches on reshaping its digital team. Later this morning, MTVN will announce that Suzanne McDonnell (image, left) will lead the Digital Fusion unit, while Heather Hopkins...
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Considering that unemployment is still up double digits and the unemployment classifieds ad revenue continues to plummet, it’s not all that ironic to learn that even recruitment site Monster Worldwide is laying off 200 staffers. The cuts represent about 3.5 of Monster’s global workforce, which is now roughly 5,600. The layoffs,...
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The NYTimes.com’s latest community news site is centered in the East Village, a few miles downtown from its own midtown headquarters. The East Village site will be part of The Local,  the hyperlocal project it started last year. The project will be run by New York University’s journalism faculty...
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For nearly 40 minutes, top executives from The New York Times Co. (NYSE: NYT) took questions from interviewer Staci D. Kramer, co-editor and EVP of ContentNext Media, and participants in paidContent 2010. Arthur Sulzberger, Jr., chairman and publisher; Janet Robinson, president and CEO; and Martin Nisenholtz, SVP-digital operations, knew the interest...
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A very high-profile hire for fashion site Polyvore. The startup, which lets users mix and match products from any online store and then share their creations with others, has added Sukhinder Singh Cassidy, who formerly led Google’s operations in Asia-Pacific and Latin America, as CEO. Singh Cassidy had left...
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A nagging chicken-and-egg problem has held back advanced TV advertising, which promises richly interactive and highly targeted capabilities combined with the massive reach of television.

The Catch-22 is this: Big buyers want to reach a big audience. But the TV industry hasn’t had an incentive to invest in advanced capabilities because the ad dollars aren’t...
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Bloomberg, which is on a mandate to move into various verticals beyond its core, has now acquired Fairfax, VA-based government data publishers Eagle Eye Publishers. Terms of the deal were not disclosed, but this is Bloomberg’s third acquisition in the last few months, after BusinessWeek (for its consumer push) and...
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After a series of delays, the Reader’s Digest Association has finally emerged from bankruptcy having reduced its debt by 75 percent, the company said. The publisher, which filed for Chapter 11 protection last August, has received $525 million in exit financing from a bond refinancing that will provide RDA with an estimated...
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