Boston Globe Media – Media Nation

At The Washington Post, silence is Gold; plus, a bad day for Rupe and Lachlan, and cuts at Stat News

In the latest sign that The Washington Post has lost its way, the paper’s acting executive editor killed a story reporting that managing editor Matea Gold had left to take a job at The New York Times.

NPR media reporter David Folkenflik writes that Matt Murray intervened and ordered that a story on Gold’s departure be deep-sixed. Now, this is all very complicated. Murray, who was brought in earlier this year by the Post’s ethically challenged publisher, Will Lewis, replaced Sally Buzbee after she quit rather than move over to head a “third newsroom” initiative that Lewis has talked about but has not really explained. (Buzbee recently was named to a top editing job at Reuters.)

Murray, in turn, is supposed to run the third newsroom after the Post chooses a new, permanent executive editor — and Gold, a respected insider, was thought to be a candidate for that position. But now Murray himself, who’s proved to be popular inside the newsroom (at least until this week), may want to stay right where he is; independent media reporter Oliver Darcy wonders if Murray killed the story about Gold’s departure in order to curry favor with Lewis. Adding to the intrigue is that Lewis was also Murray’s boss when they both worked at The Wall Street Journal. Continue reading “At The Washington Post, silence is Gold; plus, a bad day for Rupe and Lachlan, and cuts at Stat News”

Exclusive: Boston Globe Media is looking to buy Boston magazine

Boston Globe Media is exploring a possible acquisition of Boston magazine, according to sources in the newsroom who had heard about the plans and who asked not to be identified. The glossy monthly would become part of a portfolio of media properties that includes The Boston Globe, the free website Boston.com and Stat News, which covers medicine and the health-care industry.

When asked about Globe Media’s interest in BoMag, the company responded with a statement:

Boston Globe Media continuously evaluates opportunities for growth that align with our business strategy, and our success as a dynamic media organization is due in part to our desire to adapt and evolve along with our audiences. We cannot disclose any current opportunities at this time. We will stay in touch.

If the deal is consummated, it would be a significant move by Globe owners John and Linda Henry, who have built one of the country’s few growing and profitable major metropolitan newspapers. Boston magazine, by contrast, has gone through several rounds of budget cuts in recent years.

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BoMag is best known for its annual Best of Boston rankings of everything from restaurants to kids’ activities as well as gauzy features on lifestyle, culture and real estate, as is characteristic of city magazines.

But it also publishes in-depth news stories, such as Gretchen Voss’ memorable 2023 story about a long-running battle between Everett Mayor Carlo DeMaria and the Everett Leader Herald, one of that city’s three independent weekly newspapers. Voss reported that Leader Herald editor Josh Resnek, in the course of being deposed in a libel suit brought against him and the paper by DeMaria, admitted he’d engaged in fabrication in his stories accusing the mayor of corruption.

Another Voss story is currently the subject of a court battle over anonymity in the notorious Karen Read murder case. On Thursday, the Globe reported that Judge Beverly Cannone had ordered Voss and the magazine to turn over off-the-record and redacted notes from interviews that Voss had conducted with Read for a story that was published last fall.

BoMag attorney Rob Bertsche was quoted as saying that the case illustrated the need for a state shield law to protect journalists’ confidential sources and documents. “The judge’s decision today illustrates a harsh truth: In Massachusetts, in the absence of a shield law, a court will not necessarily protect an investigative reporter’s promise to keep certain information confidential,” Bertsche told the Globe in a statement.

Boston magazine was purchased in 1970 by the late D. Herbert Lipson from the city’s chamber of commerce. Lipson, who was based in Philadelphia, was also the owner of Philadelphia magazine and was involved in several other publishing ventures over the years as well. The company he created, Metrocorp, is still family-owned, with his son David H. Lipson Jr. serving as chairman and CEO.

The Boston Globe names a new president and sets a paid circulation goal of 400,000

Boston Globe Media CEO Linda Henry just announced some pretty big news: chief operating officer and chief financial officer Dhiraj Nayar has been promoted to president; Henry herself will be less involved in the business side and more focused on “additional bandwidth to better support our world-class editors”; and she’s aiming for a “North Star” goal of 400,000 digital subscribers for the Globe, which would represent a considerable increase over its current level of about 250,000. Henry has also set a goal of 100,000 paid digital subscribers for Stat, which is Globe Media’s health and medicine publication.

The first thing that strikes me about the circulation goal is that Henry must be planning a significant expansion into parts of New England where the Globe isn’t especially visible. Currently the paper has digital editions focused on Rhode Island and New Hampshire, and has bolstered its coverage of Greater Boston as well. The second is that Henry, who has been fully in charge of the business side since 2020, is planning a significantly different role for herself. We’ll see how that plays out.

Here is the text of Henry’s email to the staff, provided to me a little while ago by a trusted newsroom source:

Hello everyone,

As CEO, my number one priority is to continue setting us up for long term success. Today, I’m excited to share changes that strengthen our leadership team for increased resilience and adaptability in our ever-evolving business landscape.

I am delighted to announce the elevation of Dhiraj Nayar to the role of President of Boston Globe Media.

Dhiraj joined the Globe in 2018 as CFO, bringing over 20 years of management consulting experience. In 2020, he also became COO and has demonstrated collaborative leadership and dedication to the company’s mission while supporting key areas of our business including printing, distribution, and operations. His strategic insight and ability to balance financial discipline while allowing for growth investments has played an instrumental role in shaping the success and stability of Boston Globe Media.

Before joining Boston Globe Media, Dhiraj worked as a management consultant, advising senior executives at media/information, financial, telecom and private equity companies. He led initiatives at multinationals such as Unilever, Wolters Kluwer, Telstra and American Express. His private equity work included initiatives with Francisco Partners and MacAndrews & Forbes among others. He was the managing director of Meritum Partners, a boutique management consultancy he founded, and was a partner at Opera Solutions (now ElectrifAi). He started his consulting career at A.T. Kearney (now Kearney), a global management consulting firm, after earning an M.B.A from Columbia Business School.

In his new role as President, Dhiraj will oversee our business functions, with a focus on setting us up for long term sustainability. He will continue leading finance and will work closely with me to set our organizational vision and strategy.

What changes for me?
I will continue to serve as CEO and will remain fully engaged in my work with all members of our Senior Leadership Team. With Dhiraj managing our business functions, I’m excited to have additional bandwidth to better support our world-class editors. I truly love working here. I am proud of the work that we do to serve our community and I am invested in remaining an active part of this organization for the rest of my career.

Why now?
After a transformative decade of growth and innovation at Boston Globe Media, the Senior Leadership Team and I have set North Star goals of 500K direct digital subscribers for Boston Globe Media, with 100K of those for STAT. These targets underscore our commitment to the long term sustainability of this institution with a strong leadership team at the helm.

As CEO, I have been intentional in making sure our leadership team fosters a culture of innovation and maintains a steadfast dedication to our long term success. In the last four years alone, we have demonstrated remarkable resilience and innovation, navigating a global pandemic and expanding our reporting into critical areas. We have celebrated significant milestones: the Globe’s 150th anniversary and winning our 27th Pulitzer Prize. Our newsrooms have earned some of the most prestigious honors in journalism, including the Polk, Edward R. Murrow and Online Journalism Awards. We have been named Pulitzer Finalists every year. In addition, we are recognized for excellence in many areas of our work, including our digital products with top website design, our advertising solutions and our marketing campaigns. We were recently named among the top 100 most innovative places to work in the country. We have expanded our geographical footprint in Rhode Island and New Hampshire, we launched Boston Globe Today, we rebuilt and optimized Boston.com, and we have brought in fantastic new editors, Nancy Barnes and Jim Dao. We are continuing to add to our newsroom teams, to invest in our journalism, and to improve our subscriber experience.

Additional Leadership Updates

- Dan Krockmalnic will be assuming operational oversight of our printing and distribution operations. In this expanded role, Dan will work closely with Josh Russell, GM, Print Operations and his Taunton-based leadership team. He will continue leading the Legal and New Media teams as well as the company’s work on legislative and advocacy issues through his service on the board of the News Media Alliance and as Vice President of the Massachusetts Newspaper Publishers Association.
- Rodrigo Tajonar will be assuming oversight of the building operations team led by Lauren Rich. He will continue to lead the human resource function.
- Tom Brown has been promoted to SVP, Consumer Revenue. Tom has served as the strategic leader of our consumer revenue and subscription strategy and built a highly functioning and talented team that is well regarded throughout our industry. Tom also oversaw consumer marketing from 2018 – 2020 when he and his team pioneered a new acquisition approach with a long trial period that propelled significant subscriber growth and has been widely adopted throughout our industry. As a result, we are the clear leader among all major metro publishers in the number of digital subscribers and revenue from those subscriptions.
- Michelle Micone has been promoted to SVP, Innovation & Strategic Initiatives. Michelle started our Innovation practice in 2020. Since then, she has grown Hack Day into Innovation Week and led the establishment of the Innovation Platform, which has increased our employee engagement around new idea generation and implementation, including the launch of the B-Side. Michelle will continue to lead Innovation and will partner with various leaders at BGM on Strategic Initiatives such as Globe Rhode Island, Globe New Hampshire, Tech Powers Players, AI, and more. Michelle and her team are currently leading the development of Games, scheduled to launch next month on com [BostonGlobe.com].

The changes announced today move us forward, keeping us focused on fulfilling our critical mission and positioning our organization for long term sustainability.

Please join me in congratulating Dhiraj, Dan, Tom, Michelle and Rodrigo. I look forward to connecting with you at our next Town Hall on Monday, March 4th.

Thanks all,
Linda Henry

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