HEEKIN-CANEDY EXITS NYT
Scott Heekin-Canedy, president & general manager of the New York Times is retiring at the end of the year. With his departure, the position is being abolished.
Arthur Sulzberger, chairman of the New York Times Co., wrote in a staff memo that the company is “losing a great talent who has seen us through a very difficult economic period.”
He credited the 61-year-old executive for creating a “strong senior team with deep expertise” and playing a big role in the launch of the paper’s digital platform.Heekin-
Canedy held the GM post for the last eight years and joined the company in 1992. He’s in line for a severance package equal to his $587,000 salary and a year of health insurance.
Former BBC executive Mark Thompson is joining the Times Co. as CEO on Nov. 12.
RAPP NAMED ROLL CALL EDITOR
David Rapp has been named editor of Roll Call, which debuts a redesign next week that will include expanded news coverage and a free website.
Susan Benkelman, editorial director of CQ Roll Call, said Rapp “knows Capitol Hill as well as anyone in town, so he brings the precise combination of skills and expertise we need for this job.”
Rapp joined Bloomberg Government in 2011 from the 1105 Government Information Group, where he served as editor-in-chief of Federal Computer Week.
Earlier, he spent 22 years at CQ, where he rose to new media editor.
NEWS CORP REPORTS FLAT INCOME
News Corp. reported flat first-quarter operating income $1.3B on a two percent uptick in revenues to $8.4B.
The revenue increase was driven by 16 percent growth in cable network programming, which was offset by downbeat performance in the publishing and direct broadcast satellite TV.
The media giant shelled out $67M during the quarter for ongoing investigations ties to the shuttered News of the World tabloid, the focus of the hacking scandal.
CEO Rupert Murdoch said in a statement that News Corp.’s performed well though buffered by “considerable currency headwinds due a stronger dollar.”
News Corp. is “committed to leading the change that the marketplace and our customers demand as the company builds on its success at leveraging multi-platform opportunities for our content,” he said.
The company is in the process of spinning off its Wall Street Journal, New York Post and London Times publishing unit, and is a rumored suitor for Tribune Co.’s Los Angeles Times and Chicago Tribune.