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Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’

Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100% responsible for the Paramount decision,” Buffett said at Berkshire’s annual shareholder meeting. “It was 100% my decision, and we’ve sold it all and we lost quite a bit of money.”

Cumulus CEO Praises debt restructuring, Q1 digital revenue increase.

Fresh off what it characterizes as a “successful” refinancing effort — in which it moved the maturation date of about $326 million in debt from 2026 to 2029 — Cumulus Media on …

Ballantine Communications to acquire Farmington (NM) Daily Times

Ballantine Communications Inc., which owns The Durango Herald and The Journal in Southwest Colorado, has reached an agreement with Gannett Co. Inc. to purchase the Farmington Daily Times.

Why the best anchors lead as well as they read

When Scott Libin and I email each other, our messages often start: “Greetings to my co-anchor,” even though we‘ve never worked at the same station It’s our reminder …

WMFE rebrands to Central Florida Public Media

ORLANDO, Fla. (April 3, 2024) — WMFE is rebranding and changing its name to Central Florida Public Media. The new name reflects the organization’s commitment to building on its 44 years …

Trump Media auditor charged by SEC with ‘massive fraud,’ permanently barred from public company audits

The auditing firm for Trump Media and the auditor’s owner were charged Friday with “massive fraud” by the Securities and Exchange Commission for work that affected more than 1,500 SEC filings, the federal regulator announced.

Judge grills U.S. and Google on antitrust claims

Judge Amit P. Mehta tried poking holes in the closing arguments of a landmark monopoly case as he weighs a ruling that could reshape tech.

New lawsuit seeks to wrestle control of newsfeed from Meta for Facebook users

Knight Institute and Ethan Zuckerman say Section 230 does more than immunize the platforms, also protects user-friendly tools

Pulitzer Prize Board issues statement about student journalists who are covering campus protests

"As we gather to consider the nation’s finest and most courageous journalism, the Pulitzer Prize Board would like to recognize the tireless efforts of student journalists across our nation’s college campuses, who are covering protests and unrest in the face of great personal and academic risk." — Pulitzer Prize Board

Sony and Apollo express interest in buying Paramount in $26 billion deal

Paramount has been exploring a potential deal for months, talking to suitors including Skydance, producer of “Top Gun: Maverick.”

Hackers may have accessed Philadelphia Inquirer subscriber and employee personal data in 2023 cyberattack

The company and outside cybersecurity experts found no evidence that the data has been misused to commit identity theft or fraud since the May incident.

Gannett's digital best: Revenue in that area was up in Q4, but flat overall

Gannett released its Q1 2024 financials on Thursday. As usual, the firm experienced growing digital revenue and flatness overall. 

Lee Enterprises reports Q1 digital growth amid print decline

Lee Enterprises saw total operating revenue of $146,550 million in Q1, down from $170,687 million in the same quarter of 2023. But, as with its larger competitor Gannett, it reports strong digital growth. 

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Filmmaker Jeff Aiello is out at Valley PBS ( KVPT-TV, Fresno, CA), ending his tenure at the station three years after becoming CEO. Valley PBS now returns to the days of hunting for a new CEO after …
The Pulitzer Center’s board of directors has announced that Lisa Gibbs has agreed to become CEO and president of the Pulitzer Center.
In addition to shaping the outlet’s culture coverage, Naureen Khan will lead its service journalism-focused vertical, Even Better, which is focused on helping people live better lives individually and collectively — from mental health to relationships of all kinds to work, money and more.
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Having fewer reporters on the ground in Washington means less accountability for lawmakers and a greater disconnect between Americans, their nation's capital, and the decisions made there that affect them the most.
NBCUniversal News Group will spotlight Asian American, Native Hawaiian and Pacific Islander heritage throughout the month of May with comprehensive programming across NBC News, NBC News NOW, MSNBC, CNBC, NBCNews.com, NBCU Academy, Telemundo and NBCUniversal Local.
The Orlando Sentinel has altered its restaurant inspection publishing practices after mix-up.
As the assault on diversity, equity and inclusion sweeps across higher education, 12 journalism students lost $46,000 in scholarshipsbecause Ohio University officials said the scholarships — meant to make the journalism program more diverse — could illegally discriminate against white students.
The first tech monopoly trial of the modern internet era is concluding. The judge’s ruling is likely to set a precedent for other attempts to rein in the tech giants that hold sway over information, social interaction and comThe biggest U.S. challenge so far to the vast power of today’s tech giants is nearing its conclusion.merce.
Instagram announced a tweak in its discovery algorithm that would amplify smaller creators through recommendations. Twitch announced the launch of its Discovery Feed through a new tab on its mobile app.
The good news — or bad news, depending on how you look at it — is that consumer time spent with media continues to expand. The really bad news for the ad industry is that ad-supported media's share continues to decline, in both the U.S. and worldwide.
For the first time, China has more than 100 incarcerated writers, and Israel and Russia entered the list of the 10 countries with the most imprisoned writers.
Katherine Maher, the radio network’s new chief executive, has been in the spotlight since an editor published an essay accusing the organization of leftward-leaning bias.
Georgia’s Parliament moved a step closer Wednesday to passing a law that critics fear will stifle media freedom and endanger the country’s European Union membership bid, as police used water cannons, tear gas and pepper spray against the tens of thousands of protesters who thronged surrounding streets.
Texas City-La Marque Chamber of Commerce named The Daily News (Galveston, Texas) its Business of the Month for May.
Ahead of World Press Freedom Day on Friday, May 3, the BBC announced for the first time that over 300 World Service journalists — around 15% — are working in exile.
The Department of Justice (DOJ) and Google will present closing arguments Thursday and Friday in the government’s case alleging the tech giant has illegally maintained and operated a monopoly in the online search market.  
The board of directors of the Independent Association of Publishers’ Employees (IAPE), Local 1096 of The NewsGuild-CWA, has authorized a strike vote to be conducted by its members working at Dow Jones & Company.
Former President Donald Trump has secured an additional $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week.
"The Weekly Anglo-African [was] the sole surviving Black newspaper based in New York City during the Civil War. It constitutes a significant portion of the archive used for 'Union of Hope: 1869.'" — lead researcher Marquis Taylor
Fox Corp’s 2025 broadcast of Super Bowl LIX is nearly a year away, slated to air Feb. 9 from New Orleans. During early talks with potential advertisers, however, the company is already making a bid to sell 30-second ads for at least $7 million each, according to three people familiar with the matter.
Paramount Global and Charter Communications agreed to extend their talks on a deal renewal, which — for now — will prevent Paramount’s networks like CBS, Comedy Central and MTV from going dark on the cable operator’s systems.
A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.
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Help us recognize the foundation of news publishing, the Operations leaders who help us produce quality products each day while keeping an eye on the bottom line! Nominate an Operations colleague today, so we can profile them and share their ideas with the global news publishing industry in our 2024 class of "Operations All-Stars!"
In a strategic move aimed at optimizing its public notice services, Wick Communications, a third-generation family-owned and operated media corporation, has embraced Column’s latest professional service offering — Column Pro. This shift has reallocated staff resources, cost savings, and increased operational stability. “Column is great about attending to the details, such as keeping our newspaper logos on the invoices. Their team works with us to ensure our long-standing clients understand that Column is our newspaper partner — that we’re all working together," stated Manuel Coppola of Wick Communications.
In 2023, Amsterdam News partnered with Column to streamline its legals. Siobhan “Sam” Bennett, the President and Chief Revenue Officer of Amsterdam News in New York, NY, highlighted three stand-out reasons why their choice to go with Column has paid off. The three most impactful payment features that Column offers are payment alerts, invoice reminders, and the option for prepayment. Read about the solutions.
The National Press Institute for Audience Growth (NPIAG) along with Kelly Robinson, CEO of RedDot announced today they have partnered with Julian Placino, a professional recruiting consultant, to offer an innovative, cost-effective method, known as the Placino Carrier Recruitment Method, to identify, interview, qualify and contract newspaper carriers for any size market.