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CNN Looks to Slash Budgets, Star Salaries as Mark Thompson Digs In
As the cable network suffers ongoing dismal ratings, Thompson needs to cut costs — including $50 million in on-air talent
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The Age of Billionaire News Ownership Is Waning: Who or What Will Replace Them?
Journalism advocates wonder whether major publications like the Washington Post or L.A. Times could become non-profits and function as a community service
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Business
Available to WrapPRO members
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The Messenger’s Desperate Bid to Merge With LA Times Collapsed When Time Ran Out
LA Times says no deal was ever offered, but founder Jimmy Finkelstein told his board that talks were happening
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Journalism
Available to WrapPRO members
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Who Killed The Messenger? Jimmy Finkelstein Doubled Down on a Failed Media Business Model | Analysis
The site’s founder raised investor millions on a start-up he was convinced could buck the downward trend in digital media
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Business
Available to WrapPRO members
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The Messenger to Shutter After Less Than a Year
The news comes after rounds of fundraising efforts and a series of layoffs at the Jimmy Finkelstein-founded news site
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Jeff Zucker and Abu Dhabi Make an Audacious Play for Conservative News in US, UK
But the $1.4 billion bid faces a British government inquiry and tough conditions for media in the U.S.
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Business
Available to WrapPRO members