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One other ouster at CBS
Jeff Fager’s tenure because the highly effective E.P. of “60 Minutes” gave the impression to be over as quickly as Ronan Farrow’s first article about CBS got here out in July. However Fager held on for greater than a month, partly as a result of Les Moonves held on too. And when Fager was fired on Wednesday, the official cause was a violation of “firm coverage,” not the accusations of undesirable touching and different inappropriate conduct.
New must-read within the NYT
James B. Stewart has a bombshell story about Moonves in Thursday’s NYT. He particulars what occurred on the CBS board degree… and divulges that Moonves tried to maintain one among his accusers quiet by looking for a job for her.
“In the long run, it was the proof that Mr. Moonves had misled his board — much more than the allegations of abuse from a number of ladies — that doomed him,” Stewart stories…
Brian Lowry emails: “Designing Girls” creator Linda Bloodworth-Thomason had a contentious relationship with Moonves when he took over CBS, and he or she used the event of his ouster to do a little bit of score-settling, penning a Hollywood Reporter visitor column the place she, amongst different issues, in contrast him to Charles Manson. This is not the primary public airing, it is value noting, of the acrimony between Moonves and the Thomasons; certainly, stories surfaced in 2001 that President Clinton contacted the then-CBS chief asking him to “be good” to the couple, who have been longtime pals of his from Arkansas and produced the well-known “Man From Hope” marketing campaign video. Learn on…
Tim Armstrong out at Oath
“Our enthusiasm for Oath’s potential has by no means been better,” Verizon chairman Lowell McAdam stated Wednesday. However that is laborious to consider on the day when CEO Tim Armstrong’s departure was introduced.
Oath COO Ok. Guru Gowrappan “will take over as CEO on October 1,” Jill Disis stories. “Armstrong will keep on as an adviser till the tip of the yr.”
–> As The Info Martin Friends wrote Wednesday night, “It is easy to see Verizon disposing of Oath in some unspecified time in the future sooner or later. Extra fascinating now’s what Armstrong does subsequent…”
Jacob Weisberg out at Slate
After 22 years at Slate, Jacob Weisberg says he is leaving to “launch a brand new audio firm with Malcolm Gladwell.” Weisberg introduced the transfer by way of Twitter on Wednesday. He is been the chairman and EIC of the Slate Group for a decade.
WHAT HE’S DOING NEXT: “The brand new audio enterprise, which does not have a reputation but, will likely be funded by Mr. Gladwell and Mr. Weisberg on the outset. It should concentrate on creating new podcasts, audiobooks and short-form audio content material,” Jaclyn Peiser stories. Gladwell has been doing a pod known as “Revisionist Historical past,” and it’ll transfer over to the brand new firm…
WHAT’S CHANGING AT SLATE: There isn’t any change in technique. Slate management will now report on to Graham Holdings. Slate’s president Dan Examine is now interim CEO. However there’s a massive change at Slate’s sister firm Panoply: It is getting “out of the content material enterprise,” as Nicholas Quah stories right here…
Two new columnists at Medium
Medium is including columnists, and on Thursday the positioning is including two massive names: Jessica Valenti and Douglas Rushkoff. Each of them will likely be writing completely for Medium.
Learn extra of Wednesday’s Dependable Sources publication… And subscribe right here to obtain future editions in your inbox…
Medium says Valenti will likely be “specializing in feminism, tradition, and politics…” Rushkoff “will likely be specializing in the intersection of tech and society…” Look out for Valenti’s debut column on Thursday…
For the Report
— “Journal large Meredith swung the ax once more on Wednesday, lopping about 200 jobs and merging its Cooking Gentle title into EatingWell and chopping the frequency of Coastal Residing to a newsstand-only quarterly…” (NYPost)
— MDC Companions CEO Scott Kauffman is stepping down… (AdAge)
— Anthony Crupi tweeted: “OK, so that is bizarre: Together with the Thursday night time NFL Kickoff Recreation and the 2 Monday Evening Soccer telecasts, all seven Week 1 TV home windows averaged 16.four million viewers and a 9.four HH score, which is *precisely* what the averages have been for Week 1 of the 2017 season.”
CNNMoney (New York) First revealed September 13, 2018: 12:58 AM ET