Today, it is more important than ever to stay on the pulse of the ever-changing media landscape. RF|Binder’s media team compiles and distributes a weekly report with the latest news from the media world. Keep up to date by checking out this week’s trends, updates, and insights below.
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The Wall Street Journal has several new arrivals, roles and opportunities. Among them: Brianna Abbott has joined the Health & Science bureau in New York, focusing on medicine and science. Heather Haddon is the new restaurants reporter in Chicago, taking on the beat after being a food retail reporter. Sebastian Herrera is joining the San Francisco bureau as a tech news reporter with a focus on Amazon.
Al Jazeera’s Business News Site
Al Jazeera is planning to launch a cross-platform business vertical called AJ Impact. It will feature original reporting from Al Jazeera journalists worldwide, as well as curated business content from Bloomberg.
FT’s Moral Money
Billy Nauman will be taking on the role of producer for Moral Money, the new digital platform and newsletter from the FT focused on impact investing and sustainable investing.
Refinery29 Aims to Raise $20M
Refinery29, the venture-backed digital media company focused on millennial women, is looking to raise up to $20 million in new funding, according to an SEC filing. The company plans to use the funds to expand internationally and for its originals studio and events business.
Meredith Sells Sports Illustrated
Meredith Corp., publisher of Sports Illustrated, has sold for $110 million the intellectual property around the venerable sports-news outlet to Authentic Brands Group, the brand-development company that manages Juicy Couture, Nautica, and elements of the Muhammad Ali and Elvis Presley estates, among others. Meredith took on Sports Illustrated as part of its purchase of Time Inc. in January of 2018 for $1.85 billion plus debt.
NYT is a “Book-Deal Factory”
In the journalism world, one consequence of the supercharged news cycle of the late twenty-teens is the booming economy for extracurricular side-hustles, namely cable-news gigs and books. With books in particular, perhaps no single outlet has seen more action than The New York Times, whose reporters are landing lucrative publishing contracts left and right these days. But the masthead is worried there won’t be anyone left in the newsroom.
Latest Key Newsroom Job
Publishers hunting for membership revenue need to test, develop and distribute new kinds of content for a specific pocket of their audience. That’s given rise to new kind of role, the membership editor, which a growing number of publishers are trying to fill — and figure out where to stash — within their organizations.