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Feminist website Jezebel is coming back to life after a less-than-three-week hiatus. Closed down on Nov. 9 by G/O Media, which also operates Gizmodo, Deadspin and The Root, the site has been purchased in an all-cash deal by Josh Jackson, a co-founder and the editor in chief of Paste magazine. As part of the deal, ackson also picked up Splinter, a former political news website that was shuttered by G/O Media in 2019. Jackson told the New York Times that he planned to start publishing on the site again as soon as Nov. 29. Started up in 2007 as part of Gawker’s portfolio, Jezebel become part of G/O Media in 2019.
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Sports Illustrated has been accused of publishing product reviews carrying the bylines of authors who could only be traced back to websites that sell artificial intelligence-generated headshots, tech publication Futurism reports. Arena Group, Sports Illustrated’s publisher, pushes the blame for any fake authors or content onto AdVon Commerce, a third-party supplier that sits “at the edge of content and marketing” according to its website. “AdVon has assured us that all of the articles in question were written and edited by humans,” an Arena Group spokesperson told Futurism. “However, we have learned that AdVon had writers use a pen or pseudo name in certain articles to protect author privacy—actions we don't condone—and we are removing the content while our internal investigation continues and have since ended the partnership.” The SI Union posted a statement on X saying that “if true, these practices violate everything we believe in about journalism.”
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Popular Science, which shuttered its print edition in 2021, is now pulling the plug on its digital magazine. Recurrent Ventures, which also manages Domino, Dwell and Field & Stream, called the closure a response to the “evolving landscape of its audience,” citing changes in advertising budgets and a move toward video as factors. On Nov. 13, Recurrent cut 13 jobs at Popular Science, according to a report on Axios, leaving the platform with just five employees. The platform will continue to publish content on its website, in addition to producing its “The Weirdest Thing I Learned This Week” podcast.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
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