Daily business news in New York
NEW YORK — Sports Illustrated, the venerable sports magazine, announced the addition of new full-time staff, with an initial focus on expanding its NBA editorial team. Chris Herring will join SI on Feb. 15 as a senior writer. Herring most recently wrote for ESPN and FiveThirtyEight and prior to that was an NBA reporter with The […]
NEW YORK — Music magazine Rolling Stone announced that Jason Fine will be stepping down from his post as Editor to become Director of Content Development effective immediately. In this newly created role, Fine will oversee Rolling Stone’s multimedia projects including: Rolling Stone Films, documentaries, podcasts, and books. A new Editor has not been named. “Over […]
NEW YORK — FOX News Media has signed former Trump economic advisor Larry Kudlow (Photo above. Source: Twitter) to its network as a contributor. Kudlow had served as United States National Economic Council Director for President Donald Trump since 2018 and was previously a commentator on CNBC for three decades. Kudlow will serve as a […]
NEW YORK – Discovery, Inc., which operates cable networks Discovery Channel, HGTV, Food Network and Travel Network, is joining the streaming media wars with the global launch of discovery+, debuting in the U.S. next month on January 4, 2021. discovery+ will be available in the U.S. starting at $4.99 per month, with an ad-free version available […]
NEW YORK — NBC and TIME Studios are partnering for the first-ever “TIME Person of the Year” special featuring exclusive coverage of TIME magazine’s choice for the individual or group that has had the greatest influence on the events of the year, set for Thursday, Dec. 10 at 10 p.m. In addition to the winner of 2020 […]
NEW YORK — ViacomCBS Inc. is selling its publishing business Simon & Schuster to Penguin Random House, a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, for $2.175 billion in cash. The sale is part of ViacomCBS’ strategy to unload core assets and focus on its TV networks and film business following the merger […]
NEW YORK — ViacomCBS has unloaded CNET Media Group for $500 million to Red Ventures, a company that owns a portfolio of digital brands and is based in Fort Mill, SC. CNET Media Group is a pioneer in digital media and includes tech news site CNET and ZDNet, a leader in B2B focused content and Gamespot, a […]
The NY Times says it has hired CNBC reporter Lauren Hirsch (photo above) to write for the DealBook e-mail newsletter in New York. She will report on business, policy and mergers and acquisitions. She will also contribute to the Business section of The NY Times. Hirsch was previously with CNBC, where she was a reporter […]
NEW YORK — The New York Times Company has promoted chief operating officer, Meredith Kopit Levien, to succeed Mark Thompson as president and chief executive officer, effective Sept. 8. Ms. Kopit Levien, 49, will join The Times Company’s Board and Mr. Thompson will step down as an officer and director of The Times Company. Kopit […]
ENGLEWOOD CLIFFS, NJ — Former Fox newscaster Shepard Smith is joining business channel CNBC to anchor an evening news program starting this fall. He will be based at CNBC Global Headquarters in Englewood Cliffs, N.J. effective July 13th. Smith will anchor a new one-hour evening news program titled The News with Shepard Smith, airing Monday through Friday at 7 p.m. The […]