December 2024 – Page 3

Billionaire bash: More bad omens from the owners of The Washington Post and the LA Times

The problem with good billionaire newspaper owners is that they can turn into bad billionaire newspaper owners, and there’s not much anyone can do about it. This morning I bring you two disturbing data points about owners who had already put us on notice that their days of responsible stewardship were receding into the past.

First up: Jeff Bezos, the Amazon founder who has owned The Washington Post since 2013. Now, as I have written here on multiple occasions, Bezos was a sterling owner up until a couple of years ago, providing the legendary paper with money and independence as well as standing up to Donald Trump throughout the 2016 campaign and his first term as president. I wrote admiringly of his ownership in my 2018 book “The Return of the Moguls,” and no, I wouldn’t take any of it back.

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But Bezos lost his way sometime after Marty Baron retired as executive editor in 2021. Baron’s replacement, longtime Associated Press editor Sally Buzbee, was fine, but Bezos may have been intimidated by Baron into not indulging his worst instincts, and that ended with Baron’s departure.

Bezos’ next move was to hire British tabloid veteran Will Lewis as his publisher and to stick with him even after it was revealed that Lewis’ ethics were so compromised that his behavior has attracted the attention of Scotland Yard. Buzbee left rather than accept what looked like a demotion. The current executive editor, Matt Murray, has reportedly won the respect of the newsroom, but he’s supposed to be a temporary hire and is slated to move over to some sort of ill-defined “third newsroom” initiative. Continue reading “Billionaire bash: More bad omens from the owners of The Washington Post and the LA Times”

Lisa DeSisto resigns as CEO of the Maine Trust for Local News, which owns the Portland Press Herald

Big news from Down East as Lisa DeSisto, the CEO and publisher of the Maine Trust for Local News, has announced that she’s resigning. The Maine Trust is a nonprofit that owns the state’s largest daily paper, the Portland Press Herald, as well as three other daily papers and a number of weeklies. The papers themselves are for-profit entities.

According to Press Herald reporter Hannah LaClaire, DeSisto will leave by the end of the year. She’ll be replaced by Stefanie Manning, a Maine Trust executive who will assume the title of managing director. DeSisto said in a statement:

I have cherished my time leading this organization and working alongside such dedicated and talented colleagues. Serving our readers and supporting this incredible team has been a privilege. Representing the Maine Trust for Local News in the community has been an honor I will carry with me.

DeSisto leaves amid a time of transition at the Maine Trust. Longtime executive editor Steve Greenlee took a position at Boston University earlier this year and was replaced by Carolyn Fox, who had previously been managing editor of the Tampa Bay Times.

DeSisto hosted Ellen Clegg and me for a talk about our book, “What Works in Community News,” back in October. Ellen and I both have previous connections with Lisa — she and I were colleagues in the 1990s at The Boston Phoenix, where she was an executive in the advertising department, and Ellen worked with her after she moved to a top business-side position at The Boston Globe.

Lisa has been in Portland for 12 years and has been through several ownership changes. I visited the Press Herald in late 2015 to talk with her and others about a failed attempt by Boston-area entrepreneur Aaron Kushner to buy the paper in 2012; Kushner, who later bought the Orange County Register in Southern California, was one of the wealthy newspaper owners I profiled in “The Return of the Moguls.”

After Kushner’s bid in Maine fell apart, the paper was acquired by a wealthy Maine businessman named Donald Sussman, who in turn sold it to Reade Brower, a printer, in 2015. Brower sold the Press Herald and other papers he had accumulated to the nonprofit National Trust for Local News in 2023. The Maine Trust is a subsidiary of the National Trust.

Through it all, Lisa has been a source of stability and continuity. There’s no question that she’ll be deeply missed.

On this Giving Tuesday, please support local news in your community

Provincetown, Mass. Photo (2008) by Andrew Malone.

Today is Giving Tuesday, and what better time to support your local news organization?

I just gave to two different outlets whose advisory boards I serve on — CommonWealth Beacon, a nonprofit digital project that covers statewide politics and public policy, and the Local Journalism Project, a nonprofit that helps pay for public-interest journalism at The Provincetown Independent. The Independent is a print weekly with a strong digital presence that’s organized as a for-profit public benefit corporation.

These days there are very few examples of independent local news organizations that are pure for-profits and that can support themselves solely through advertising and subscriptions. The rise of nonprofits like CommonWealth and hybrids like the Independent has filled some of the gap created by the implosion of corporate-owned newspapers. But they need our support.

There’s nothing wrong with cutting back on news; plus, updates from Cambridge and CommonWealth

Ginia Bellafante’s friend has a very odd definition of what it means to tune out the news. In a recent New York Times article on liberals who have decided their mental health would be better if they stopped paying attention to the news (gift link) in the Age of Trump II, Bellafante writes:

When I spoke with a friend in Brooklyn a day or two after Donald Trump won, he told me he had committed to reading only the print paper — and just in the morning, forgoing any possible all-consuming afternoon digression into whatever might be up with Tulsi Gabbard. When I checked with him earlier this week, he was still maintaining the ritual and it felt good, he said.

Someone who reads a newspaper every day, whether in print or in digital, is actually at the high end when it comes to news consumption. Compared to most people, he is extraordinarily well-informed. Although Bellafante doesn’t tell us what he cut out of his news diet, if he’s decided to forego cable news and politically oriented social media, he may be even better informed than he was when he was jacked in to the national conversation for many of his waking hours. As I like to say, friends don’t let friends watch cable news.

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When Trump defeated Hillary Clinton in 2016 while losing the popular vote by a substantial margin, it set off a frenzy of news consumption and the rise of the #Resistance — hyper-well-informed liberals and progressives who devoted much of their time and emotional energy to opposing Trump through actions such as the 2017 Women’s March. News consumption soared. You can’t stay it didn’t matter; Trump did, after all, lose to Joe Biden in 2020. Continue reading “There’s nothing wrong with cutting back on news; plus, updates from Cambridge and CommonWealth”