Boston Globe Media acquires Boston magazine, closing a deal that was reported here first

Boston Globe Media is acquiring Boston magazine, thus consummating a deal whose existence I revealed on Dec. 6. The glossy monthly, which combines lifestyle features with some serious investigative reporting, will continue with its current staff, as Globe media reporter Aidan Ryan writes that no one will lose their jobs in the transaction. Globe Media CEO Linda Henry is quoted as saying:

As so many other iconic publications that once shaped our city have faded away, we feel an immense responsibility to honor and preserve Boston magazine’s legacy. This is not just about sustaining a magazine — it’s about strengthening a cornerstone of Boston’s identity and ensuring its stories continue to inspire, connect, and resonate with our community for generations to come.

It will be interesting to see how the Globe integrates BoMag with its existing Sunday magazine given that the two publications overlap to some extent.

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.

BoMag’s circulation is around 55,000, down from 75,000 in 2018, according to Ryan’s story.

Back when I was working for The Boston Phoenix, we considered Boston magazine to be one of our principal rivals given that its mix of long-form reporting, arts and culture was in our wheelhouse as well. The Phoenix closed in 2013, and BoMag has carried on in an increasingly difficult media environment.

The Globe, meanwhile, is profitable and growing, although it’s been making some cuts recently. Among other things, the paper has ended my former Phoenix colleague Nina MacLaughlin‘s excellent Sunday column as it dials back its coverage of books. Boston is a literary hub, and I hope the editors will reverse that ill-considered decision.

In addition to Boston magazine and the Globe itself, Globe Media publishes a free website, Boston.com, and Stat News, which covers health and medicine.

Update: A couple of sources just forwarded to me Linda Henry’s email to the staff. Here it is:

Dear Boston Globe Media Team —

We are thrilled to formally welcome Boston Magazine into the Boston Globe Media fold today as we work to connect our award-winning journalism to more audiences.

While many regional magazines in our area have faded away over the years, Boston Magazine has been an important chronicler of the people and culture of Boston for over six decades. For so many families in our community, The Boston Globe is on their kitchen table each day and BostonMagazine is on their coffee table each month, two publications serving the same region in different ways.

A bit of background: The Lipson family, owners of Philadelphia magazine, acquired Boston Magazine from the Boston Chamber of Commerce in 1970. The two publications operated under Metro Corp, based in Philadelphia. Following the passing of founder Herb Lipson in 2017, the company came under the leadership of his three children, with his son David taking the helm. The family made the decision to sell the whole company, leading to a long and complex process. We are delighted to announce that Boston Globe Media has acquired just Boston Magazine from Metro Corp, bringing this enduring publication under local stewardship.

I’m pleased to share that the entire Boston Magazine team has been given offers to retain their current positions, and we’ve been working diligently to ensure a seamless transition of operations. In the coming months and in our next Town Hall meeting on Monday, February 10, we will share more on our strategy and plans.

A heartfelt thank you to the fantastic Globe team who worked tirelessly to make this happen. To our new colleagues, welcome! We look forward to collaborating and continuing to find ways to better serve our community.

Warmly,
Linda

The Globe’s new Starting Point lead writer was co-writer of the Times’ morning newsletter

Ian Philbrick (via LinkedIn.)

In her recent New Year’s message to readers, Boston Globe Media CEO Linda Henry listed an expanded morning newsletter as one of her goals for 2025. Today the Globe took a step toward accomplishing that goal, hiring Ian Prasad Philbrick, co-writer of The New York Times’ flagship newsletter, The Morning, to serve as chief writer for the Globe’s Starting Point.

According to Philbrick’s LinkedIn page, he’s currently living in Washington, but the Globe’s announcement says that he plans to relocate to the Roslindale area, where he has family.

No word in the announcement whether Starting Point will move from three days a week to five, which strikes me as a necessity, but perhaps that will be the next step. I should note that the Globe has a number of other newsletters, including a weekday-morning offering called The B-Side, which is part of Globe Media’s free Boston.com site and aimed at a younger audience.

What follows is the announcement to the newsroom from Jacqué Palmer, senior editorial director for newsletters; Teresa Hanafin, the editor of Starting Point; and Heather Ciras, deputy managing editor for audience.

We’re thrilled to announce that Ian Prasad Philbrick, a former co-writer of The Morning newsletter from The New York Times, has joined the Globe as our lead Starting Point writer.

Ian not only co-wrote The Morning, but was also a key player in its ongoing development since its inception five years ago. He has the journalistic mindset, skills, and strategic foresight required to successfully helm a flagship newsletter like Starting Point. We are delighted to have him step into this role and help us reach our subscription goals.

Ian’s former colleagues raved about his ability to write big, sweepy, and informative stories, but also dig into data, identify trends, and offer fresh takes on the old, but interesting. His former editor went on at length about how thoughtful, careful, and smart Ian’s work is — and the Starting Point team couldn’t agree more.

Ian grew up in rural Maine, taught in a Boston public school for City Year, and studied politics at Georgetown University. He currently lives in Brooklyn with his fiancée Madeline, his dog Pearl, and his cat Squash. In his free time, you’re likely to find Ian reading a presidential biography, jogging in the park, or trying out a new recipe (this pumpkin maple cornbread is a current favorite).

Please join us in giving a warm welcome to Ian. He will soon relocate and is hoping to land near family in the Roslindale area. He reports to Jacqué, is edited by Teresa, and will sit with the audience team when he is in the office.

Thank you to all who have contributed to Starting Point since it launched in September. (And we may still come to you from time to time for guest essays.) Because of your work, we already have close to 30,000 subscribers, with more signing up every week. In fact, we regularly get emails from readers thanking us for this newsletter. If you have any questions about how we can highlight your work, please email the Starting Point team at startingpoint@globe.com.

In Colorado, a Trumper is charged with assaulting a journalist of color; plus, media notes

“This is Trump’s America now.” Photo (cc) 2024 by Gage Skidmore.

This story has been slowly building since Dec. 18 and finally broke through over the weekend. A Colorado television journalist who’s a person of color was reportedly attacked by a taxi driver who attempted to choke him, demanded to know whether he was a U.S. citizen, and taunted him by shouting, “This is Trump’s America now.”

No doubt we can expect to see more of this as Donald Trump prepares to return to the White House on Jan. 20. Trump has normalized attacks on the media, and we shouldn’t be surprised that some of his more unhinged supporters would escalate that hatred into actual physical assaults.

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I learned about the incident from Corey Hutchins, who writes Inside the News in Colorado, a weekly newsletter. He wrote about it on Dec. 27 and decided not to name either the alleged assailant or the journalist, though both had been previously identified by CBS Colorado. Hutchins explained:

I haven’t yet seen the victim say anything publicly beyond what he told police, though I’ve reached out, and you can imagine what kind of hate and harassment might come his way these days with his name widely known. As for the accused, I haven’t seen him reached for comment yet, either. A Mesa County Court official said on Thursday he is represented by a public defender; her voicemail stated she is out of the office until after the new year.

That was a smart ethical decision on Hutchins’ part, though it didn’t hold for very long. As he notes, the story was picked up by The Associated Press on Dec. 28 and has since been reported by a number of news outlets including CNN, Axios and The Guardian.

According to the AP account, the taxi driver, 39-year-old Patrick Thomas Egan, was arrested on Dec. 18 in Grand Junction after police say he followed reporter Ja’Ronn Alex for about 40 miles. Egan pulled up next to Alex at a stoplight and, according to police, said something like “Are you even a U.S. citizen? This is Trump’s America now! I’m a Marine and I took an oath to protect this country from people like you!”

Alex is a native of Detroit with a Pacific Islands background, according to news accounts.

Alex drove his news vehicle back to his station, KKCO/KJCT and, after he got out, was reportedly chased by Egan, who demanded to see his ID. Egan is accused of then tackling Alex, putting him in a headlock and attempting “to strangle him,” police said. Coworkers and others came to Alex’s rescue and said he was starting to lose his ability to breathe.

Egan has not yet been formally charged but is being held on $20,000 bond and is scheduled to appear in court on Thursday.

Hutchins also quotes from a recent study finding that 37% of white respondents thought it was acceptable for political leaders to target journalists and news outlets. As the authors of the study, Julie Posetti and Waqas Ejaz, wrote for The Conversation: “It appears intolerance towards the press has a face — a predominantly white, male and Republican-voting face…. Trump has effectively licensed attacks on American journalists through anti-press rhetoric and undermined respect for press freedom.”

Media notes

• Through a glass, darkly. Massachusetts Gov. Maura Healey is slow-walking a pledge she made during her 2022 campaign to bring the governor’s office under the purview of the state’s public-records laws, according to Matt Stout of The Boston Globe. Healey says she still supports “transparency,” and would like to extend the law to the legislative and judicial branches as well — but she now says the governor needs to be able to invoke unspecified “exceptions.” The public-records law is one of the most restrictive in the country.

• Battle of the MAGAs. In case you missed it over the holidays, Heather Cox Richardson has a good overview of the battle that broke out online last week between Tech Bro MAGA and White Racist Twitter. The fight is between newly minted Trumpers like Elon Musk and Vivek Ramaswamy, who don’t want immigration restrictions to apply to highly educated tech workers, and classic haters like Laura Loomer and Steve Bannon, who really, really want to prevent anyone who doesn’t look like from them entering the country. “Now, with Trump not even in office yet, the two factions of Trump’s MAGA base — which, indeed, have opposing interests — are at war,” Richardson writes.

• Coming attractions. Boston Globe Media CEO Linda Henry’s year-end message, published as a full-page ad in Sunday’s print edition and emailed to subscribers (you can read it here), lays out a number of goals for 2025. I found two especially worthy of note. The morning newsletter, Starting Point, will be expanded, which I hope means it will be come out every weekday instead of just on Mondays, Wednesdays and Fridays. Earlier would be better, too. By 7 a.m., most of us are off and running for the day.

Another smart goal: “Enhancing our high school sports coverage to further local engagement.” The region’s legacy newspapers are barely covering school sports these days, and many of the nonprofit startups don’t see it as part of their mission. More Globe sports coverage would fill a real need.

• Remembering Jimmy Carter. The late, great Jimmy Carter lived so long that several of the journalists who wrote his obituary years ago were no longer with us by the time their work was published. At The New York Times (gift link), Peter Baker shares a byline with Roy Reed, who died in 2017. The Washington Post’s obit (gift link) was written by Kevin Sullivan and Edward Walsh, the latter of whom died in 2014. Carter left office 43 years ago. For perspective, Franklin Roosevelt was in the midst of his second term 43 years before that.

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.

At The Minnesota Star Tribune, a non-endorsement leads 15 former staffers to write their own

Photo (cc) 2018 by Ken Lund

Last week, in a commentary for CommonWealth Beacon, I compared the outrage that greeted The Washington Post and the Los Angeles Times over their non-endorsements with the relative calm with which a similar decision at The Minnesota Star Tribune was met.

I wrote that the problem with the Post’s billionaire owner, Jeff Bezos, and his counterpart at the LA Times, Patrick Soon-Shiong, was their last-minute cancellations of editorials endorsing Kamala Harris — and that the Strib had escaped similar opprobrium by announcing its decision back in August.

Well, not so fast. Because as Ellen Clegg reports at What Works, 15 former Star Tribune opinion journalists were so offended by the paper’s failure to endorse Harris that they wrote their own and published it online under the headline “The endorsement editorial the Star Tribune should have published.”

Ellen profiled the Strib in our book, “What Works in Community News.” Like the Post, the LA Times and, for that matter, The Boston Globe under John and Linda Henry, the Star Tribune is owned by a billionaire: Glen Taylor, who has received praise for building up the paper and transforming it into a profitable enterprise.

Earlier this year, the Star Tribune’s new editorial page editor, Phillip Morris, put an end to endorsements as part of a wide-ranging rethink of the opinion section. But Ellen writes that it’s unclear what role Taylor or publisher Steve Grove may have had in that decision.

Ellen also notes that Grove is writing a memoir and says: “Let’s hope that along with chapters about ‘reinvention, love, community, and what holds us together,’ he explains how he’ll stand up to powerful people who would prefer that the independent press heed their whims, and to the dark forces that want to extinguish it altogether.”

Correction: It’s Grove who’s writing a memoir, not Taylor, as I incorrectly wrote earlier.

The Globe’s circulation levels off; plus, the Tampa Bay Times, angst at CNN and remembering Donald Barlett

Paid circulation growth at The Boston Globe has leveled off, as a modest increase in digital subscriptions has barely been enough to offset the continued deterioration of its print business. That’s according to publisher’s statements filed with the U.S. Postal Service that were printed in the Globe earlier this week as well as numbers provided by the Globe.

On weekdays, the average paid print circulation between Sept. 1, 2023, and Aug. 31, 2024, was 57,450. A year earlier it had been 64,977. That’s a decline of 7,527, or 11.6%.

On Sundays, the average paid print circulation was 102,703, down from 116,456 a year earlier. That represents a drop of 13,753, or 11.8%.

The Globe also reported paid digital circulation to the Postal Service, but those numbers — the same that it provides to the Alliance for Audited Media — are not a good reflection of the paper’s actual digital subscription base. According to Carla Kath, the Globe’s director of communications, paid digital circulation is now 261,000, an increase of about 6.5% compared to last October, when it was around 245,000.

When you combine paid print and digital, the Globe’s average weekday circulation is about 318,000, up by 8,000 over a year ago, for an increase of 2.5%.

On Sundays, average combined circulation now stands at 364,000, a rise of 3,000, or a little more than 0.8%.

Oddly enough, the paid digital numbers that the Globe reports to the Postal Service and AAN are higher than its internal figures because AAN uses a different methodology that allows for some double-counting.

Earlier this year, Boston Globe Media CEO Linda Henry told employees that her “North Star” goal for paid digital circulation is 400,000, plus another 100,000 for Stat, the company’s health-and-science news site. She did not put a timetable on that, but in May she told Don Seiffert of the Boston Business Journal that she expected 2024 to be a “building year,” with accelerated growth coming in 2025 and beyond.

“Our subscribers can see this investment with our expanded daily news videos, our new weather center, better games, new podcasts, deeper geographic expansion, and more,” Henry told Seiffert. “We do not expect growth to follow a linear pattern — we have a long-term strategy for continuing to serve our community as a strong and sustainable organization.”

Kath’s email message to me struck a similar tone. “Like most publishers in 2024, we have seen moderation in non-subscriber traffic. However, we’ve adjusted our strategy and continue to grow digital subscriptions while focusing on long-term growth and sustainability,” she said.

“Total paid subscriptions are up more than 30% over the last five years, and 2024 is performing as we expected. We continue to innovate and plan for growth in 2025 as we aim for our ongoing goal of 400,000 paid digital subscribers.”

Media notes

• The Tampa Bay Times has dropped its paywall for coverage of Hurricane Milton and its aftermath — just in time for a story on the Times’ own building being damaged by a collapsing crane. Zachary T. Sampson and Chris Urso report:

A crane collapsed in downtown St. Petersburg during Hurricane Milton’s thrashing winds Wednesday night — leaving a gaping hole in an office building that houses several business, including the Tampa Bay Times.

The crane fell from the Residences at 400 Central, the 46-story skyscraper being built across from the Times’ office, as the storm pummeled the region.

The crane remained crumpled across 1st Avenue South early Thursday, completely blocking the street.

The city said in a news release that no injuries have been reported at the site. The building damaged by the crane had closed ahead of Milton’s arrival Wednesday. No one from the Times’ newsroom was working inside when the crane collapsed.

• Independent media reporter Oliver Darcy has a tough item on CNN chair and chief executive Mark Thompson on the first anniversary of his tenure. Darcy, who left CNN a few months ago to start his newsletter, Status, writes:

In conversations that I have had over the last few weeks with employees at all different levels inside the company, it has become clear that morale has fallen considerably since Thompson took the helm. Staffers, who were once wide-eyed and filled with hope that Thompson would stroll into Hudson Yards with a toolbox full of foolproof, executable ideas, are now questioning whether he will ultimately prove to be successful in reversing the outlet’s dimming fortunes.

• Donald L. Barlett, one of the great investigative reporters of the 20th century has died. I remember reading his and James Steele’s “America: What Went Wrong” in the early 1990s, when it was first released. You might call it an early warning signal about the damage that Ronald Reagan’s economic and tax policies favoring the rich were doing to the country — damage that has contributed to the anger and polarization of politics today. The book was a compilation of reporting that Barlett and Steele had previously produced for The Philadelphia Inquirer.

In an obituary for The New York Times, Glenn Rifkin writes (gift link):

Over four decades, Mr. Barlett and Mr. Steele’s investigative prowess, rooted in deep, systematic research and complex analysis of issues and institutions that profoundly affected Americans, resulted in two Pulitzer Prizes for national reporting (they were finalists for the award six times), six George Polk awards and various other honors.

Mr. Barlett was 88.

The Globe’s subscription growth stalls: Digital is up a little, print is down by more

The Boston Globe’s digital subscription growth continues, but at a slower pace, while print keeps on sliding. Don Seiffert of the Boston Business Journal has been looking at numbers from the Alliance for Audited Media and reports that the Globe has added 22,000 digital subscribers over the past three years while losing 24,000 print customers. Paid digital circulation is now at about 257,000, well below CEO Linda Henry’s “North Star” goal of 400,000, although she has not set a timeline for reaching that number.

Weekday print circulation is now below 54,000, according to a chart accompanying Seiffert’s story. Although he didn’t include a number for Sunday print, it was about 116,000 as of last October.

Henry told Seiffert that the Globe is making investments that she expects will lead to future growth:

Our subscribers can see this investment with our expanded daily news videos, our new weather center, better games, new podcasts, deeper geographic expansion, and more. We do not expect growth to follow a linear pattern — we have a long-term strategy for continuing to serve our community as a strong and sustainable organization.

Of those initiatives, moving into new regions strikes me as the one with the most promise in terms of driving subscriptions. The Globe has had success with its Rhode Island and New Hampshire coverage. And though those areas were easy pickings (especially Rhode Island), there are certainly other parts of New England where residents might welcome a regional edition of the Globe.

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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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A state judge trims back ex-Globe president’s lawsuit

Remember Vinay Mehra, the former Boston Globe Media president who sued the company for compensation he claims he was owed after he was fired in 2020? Well, his suit continues to wend its way through the legal system, but Suffolk Superior Court Judge Peter Krupp trimmed back Mehra’s demands recently, ruling that Mehra is not entitled to triple damages should he prevail. Adam Gaffin of Universal Hub, channeling Massachusetts Lawyers Weekly, has more.

Earlier:

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How the NY Times over-interprets its reporting about billionaire media owners

Jeff Bezos. Photo (cc) 2019 by Daniel Oberhaus.

The New York Times has published a story (free link) that calls into question the rise of billionaires who own news organizations, noting that The Washington Post under Jeff Bezos, the Los Angeles Times under Patrick Soon-Shiong and Time magazine under Marc Benioff are all losing money. True enough. My problem with the story is that reporters Benjamin Mullin and Katie Robertson try too hard to impose an ubertake when in fact there’s important background with each of those examples. Mullin and Robertson write:

All three newsrooms greeted their new owners with cautious optimism that their business acumen and tech know-how would help figure out the perplexing question of how to make money as a digital publication.

But it increasingly appears that the billionaires are struggling just like nearly everyone else. Time, The Washington Post and The Los Angeles Times all lost millions of dollars last year, people with knowledge of the companies’ finances have said, after considerable investment from their owners and intensive efforts to drum up new revenue streams.

The role of wealthy newspaper owners is something of ongoing interest to me. My last book, “The Return of the Moguls” (2018), focused on the Post, The Boston Globe and the Orange County Register in Southern California, owned by a rich Boston-area businessman named Aaron Kushner. At the time the book came out, the Post was flying high, the Globe was muddling along and the Register was failing; it eventually fell into the hands of the slash-and-burn hedge fund Alden Globe Capital. The Post’s and the Globe’s fortunes have since moved in opposite directions.

Here are the particulars that get glossed over in Mullin and Robertson’s attempt to impose an overarching framework:

• Bezos, who bought the Post in 2013, made deep investments in technology and built up the staff. The result was years of growth and profits, which only came sputtering to a halt after Donald Trump left the White House. Former executive editor Marty Baron, in his book “Collision of Power,” suggests that, over time, a disciplined approach to hiring became more lax. In other words, the Post got ahead of itself and is now in the midst of a reset. A new publisher, William Lewis, begins work this month, and we’ll see if he can articulate a strategy that amounts to more than “just like the Times only not as comprehensive.”

• Benioff bought a dog and, predictably, it’s going “woof woof.” Time was the largest of the Big Three newsweeklies, along with Newsweek and U.S. World & News Report; it’s also the only one of the three that still exists in a somewhat recognizable form. Newsweeklies succeeded because, pre-internet, you couldn’t get great national papers like the Times, the Post and The Wall Street Journal delivered to your doorstep. Not only is there no discernible reason for them to exist anymore, but the leading newsweekly these days, at least in terms of cachet, is The Economist.

• Not all billionaire owners are in it for the right reasons, and Soon-Shiong has proven to be an uncertain leader. Does he care about the Los Angeles Times or not? He’s built it up; now he’s tearing it down. He recently pushed out his executive editor, Kevin Merida, the most prominent Black editor in the country, and he’s done some truly awful things such as delivering Tribune Publishing’s papers to Alden Global Capital and more recently selling The San Diego Union-Tribune to Alden.

So what does that tell us about billionaire owners? Not much. As Mullin and Robertson acknowledge, some are doing just fine, including The Boston Globe under John and Linda Henry and The Atlantic under Laurene Powell Jobs. They could have also mentioned the Star Tribune of Minneapolis under Glen Taylor or, for that matter, The New York Times, a publicly traded company that is nevertheless under the tight control of the Sulzberger family. I don’t think the Sulzbergers are billionaires, but they are not poor.

At the moment, it seems that the only two viable models for large regional dailies is individual ownership by wealthy people who are willing to invest in future profitability and nonprofit ownership, either in the form of a nonprofit organization owning a for-profit paper, as with The Philadelphia Inquirer and the Tampa Bay Times, or a paper that goes fully nonprofit, as with The Salt Lake Tribune and The Baltimore Banner. The Banner is a digital startup that nevertheless is attempting to position itself as a comprehensive replacement for The Baltimore Sun. The Sun, in turn, was one of the Tribune papers that Soon-Shiong helped gift-wrap for Alden, and just this past week was sold to right-wing television executive David Smith.

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