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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
May 17, 2019
“‘We’ve been knee-deep in this situation for what feels like forever,’ said CPB System Development SVP Ted Krichels, referring to data showing that small TV and radio stations continue to struggle while fundraising grows among larger stations.”
Current / Dru Sefton / May 17
“The @nytimes is a thriving business, earning over $1 billion in subscription revenue in 2018 and is on target to meet its goal of doubling digital revenue by 2020.”
Twitter / May 17
“My father used to say, ‘When you are the one responsible for the payroll, it is going to keep you up at night.’ I didn’t really appreciate that until I acquired The Salt Lake Tribune.”
The New York Times / Katherine Rosman / May 17
“If I’m going to sweat like this, and work like this, I don’t want it to be for a piece of crap.”
WHYY / Laura Benshoff / May 17
“We think we can turn a profit in year one.”
New York Post / Keith Kelly / May 17
“HPPR broadcasts 12 Book Byte segments over the course of four weeks. Four of those segments are produced by the Book Leaders and the rest come from other community members. Listeners are invited to record their essays on their phones and submit them via Dropbox, though some people do come into the studio to record their segments.”
The Lenfest Institute for Journalism / Joseph Lichterman / May 17
“Gabe Fleisher, the 17-year-old whose ‘Wake Up To Politics’ newsletter reaches 50,000 people each weekday, was scrolling through a politics blog after school — ‘I did my homework, too,’ he maintained — when a small item caught his eye. He paused. It was an announcement from a local wing of the Democratic Party in Sioux City, Iowa, inviting members to see de Blasio on Friday at the mayor’s ‘first stop on his Presidential announcement tour.'”
Washington Post / Isaac Stanley-Becker / May 17
“The milestone comes eight years after News Corp turned on its paywall for The Australian, a move it extended to its tabloid mastheads the following year.”
Mumbrella / Paul Wallbank / May 17
“The reason why investors are betting on what, at first blush, could appear to be a meaningless pile of content, is that Quora, if successful, is a powerful avenue to reach 300 million information-seeking people a month. It is especially popular in India, where over 20 percent of its visitors come from, according to Alexa data.”
Vox / Theodore Schleifer / May 17