Minecraft Holmes posted:

Lol lmao

https://twitter.com/LondonJafari/status/1476574339533348874

Femur posted:

Its kinda fun y they went from that stuffy looking woman to her inbred son through.

Jose posted:

https://twitter.com/Samfr/status/1476911840240222208

Some Guy TT posted:

Jose posted:

https://twitter.com/bopinion/status/1478214668929933314?s=20

Orange Devil posted:

I really value my condensed carbon being authentic.

Hand Knit posted:

kmao where's that from?

https://www.ft.com/content/7d9f0b7a -8d4f-4ef1-be74-544ec23bc3b0 posted:

Bloomberg Media chief joins New York Times columnist to launch news venture

Justin Smith and Ben Smith pursue journalism platform aimed at university-educated readers

News veterans Ben Smith, the media columnist for The New York Times, and Justin Smith, chief executive of Bloomberg’s media division, are leaving their jobs to start a company together.

The two men, who are not related, are looking to build a journalism platform that reaches educated English-speaking readers around the world.

“There are 200m people who are college educated, who read in English, but who no one is really treating like an audience,” Ben Smith told The New York Times.

Investors have continued to pour money into online media companies years after the venture capital-backed boom that spawned start-ups such a Vice and BuzzFeed, where Ben Smith previously served as editor-in-chief.

Last year, the news site Axios raised fresh cash valuing it at $430m, while German publisher Axel Springer paid about $1bn to buy Politico, the US political news site.

The amount of money the two men were looking to raise was not immediately clear. Justin Smith said it was a “personal dream and a market opportunity” to launch a “new kind of global news media company that serves unbiased journalism to a truly global audience”.

Bloomberg Media, the news division that sits within billionaire Michael Bloomberg’s financial data company, is one of the world’s largest employers of journalists with about 2,700 reporters and editors. As chief executive, Justin Smith has pursued new revenue lines such as consumer subscriptions and events. Before joining Bloomberg, he worked for The Economist and The Atlantic.

Ben Smith joined The New York Times in 2020, where he made his weekly column a must-read for people interested in the media business. A series of his reports revealed deceptive practices at media start-up Ozy Media, leading to regulator inquiries into the company.

The Wall Street Journal first reported that Justin Smith was leaving Bloomberg.

https://www.nytimes.com/2022/01/04/business/ben-smith-new-york-times.html posted:

Ben Smith, the media columnist for The New York Times, is leaving the media outlet to start a new global news organization with Justin Smith, who is stepping down as chief executive of Bloomberg Media.

Ben Smith said in an interview that they planned to build a global newsroom that broke news and experimented with new formats of storytelling. He did not provide details on what beats or regions would be covered, how much money they planned to raise or when the new organization would start.

“There are 200 million people who are college educated, who read in English, but who no one is really treating like an audience, but who talk to each other and talk to us,” Ben Smith said. “That’s who we see as our audience.”

Justin Smith, 52, will lead the business side, and Ben Smith, 45, will be the top editor of the new venture.

Ben Smith joined the Times in 2020 after an eight-year tenure as editor in chief of BuzzFeed. He was previously a reporter at Politico.

The Wall Street Journal earlier reported that Justin Smith was leaving Bloomberg to found the news start-up.

Ben Smith said that he and Justin Smith had been discussing the fractured state of the news media for years, and began talking about starting a new company last fall. The new venture, he said, would aim to break news and offer nuance to complex stories, without falling into familiar partisan tropes.

Daily business updates The latest coverage of business, markets and the economy, sent by email each weekday.

“The pressures of social media and polarization have a lot of news organizations talking down to their audience,” he said.

Ben Smith also suggested that the new venture would focus on elevating the profiles of individual journalists.

“The talent model for journalism is pretty broken,” he added. “Audiences feel really connected to the person writing the story or making the video. That’s a challenge for big institutions.”

In a tweet announcing his departure from Bloomberg, Justin Smith said he was leaving “to pursue a personal dream, and a market opportunity.”

In his column for The Times, Ben Smith wrote a number of major articles, including one about harassment and abuse of power allegations against the chief editor of Bild, one of Germany’s most powerful newspapers, which is owned by Axel Springer, a giant global media company.

His column raising questions about the business practices of Ozy Media and its founder, Carlos Watson, rocked a start-up that had claimed it had large online audiences.

“What makes Ben special is that he is a commentator who also deeply reports,” Dean Baquet, executive editor of the Times, said in a statement. “That’s a pretty rare combination in media writing today.”

At times, Mr. Smith was accused of having conflicts of interest while reporting on the media business, because he had stock in BuzzFeed when he joined The Times. In an interview, Mr. Smith said he had divested most of that stock.

Mr. Smith took over the media column at The Times from Jim Rutenberg. Before Mr. Rutenberg, the columnist position was held for years by David Carr, who died in 2015.

Mr. Smith has experience building a newsroom. He was hired by Jonah Peretti in 2012 to start BuzzFeed’s news division. When he left for The Times in 2020, Mr. Peretti credited him with turning BuzzFeed from a digital news start-up into “a world-class, global news organization in less than a decade.”

BuzzFeed News was a finalist for the Pulitzer Prize in international reporting in 2018 for its work investigating operatives with apparent ties to President Vladimir V. Putin of Russia engaging in targeted killings in Britain and the United States. In 2017, it was a finalist for the Pulitzer in international reporting for detailing how multinational corporations undermined environmental laws.

In January 2017, Mr. Smith was also the first editor to publish an unverified dossier containing salacious reports about President Donald J. Trump compiled by Christopher Steele, a former British intelligence officer, during the 2016 presidential campaign.

The decision to publish was hotly debated in the political and media worlds. Most of the important claims in the dossier have not been proven and some have been refuted, including by Robert S. Mueller III, the special counsel who oversaw the inquiry into Russian interference in the 2016 election.

Justin Smith joined Bloomberg in 2013 and helped push the news organization into live events and video.

“Justin helped transform Bloomberg Media into a modern, digital, media industry leader,” Michael Bloomberg, the founder of Bloomberg, said in a statement.

Before Bloomberg, he worked at Atlantic Media, where he started the business news site Quartz.

mawarannahr posted:

rofl

Jose posted:

you'd think plagiarism and maliciously editing wikipedia pages of other writers he doesn't like would be enough to get you kicked out of british journalism but then you'd be mistaken for thinking they care about anything except protecting their mates

https://twitter.com/Peston/status/1477675217468248079?s=20

DrPossum posted:

I'm glad someone finally realized that no one is really catering to the 200M college educated english speakers

exmarx posted:

https://www.dissentmagazine.org/online_articles/feminists-on-all-sides

i read one of her essays, it's good imo !

mawarannahr posted:

rofl

R. Guyovich posted:

bold of the new york times to admit they poached their brilliant media columnist hire after he published a scoop that turned out to be a big pile of bullshit

DrPossum posted:

I'm glad someone finally realized that no one is really catering to the 200M college educated english speakers

R. Guyovich posted:

bold of the new york times to admit they poached their brilliant media columnist hire after he published a scoop that turned out to be a big pile of bullshit

PostNouveau posted:

Their contention that their addressable audience is 200 million people makes me think they don't know gently caress-all about who their addressable audience is going to be.

Armauk posted:

Which story?

Minecraft Holmes posted:

https://twitter.com/justinboldaji/status/1478716637721157635

yellowcar posted:

https://twitter.com/TorontoStar/status/1478791588683915268

https://twitter.com/TorontoStar/status/1478791595768135689

this is the worst attempt at consent manufacturing yet

Groovelord Neato posted:

https://twitter.com/NateSilver538/status/1478925497786675206?s=20

Minecraft Holmes posted:

https://twitter.com/justinboldaji/status/1478716637721157635

Groovelord Neato posted:

https://twitter.com/NateSilver538/status/1478925497786675206?s=20