A Baltimore-area nonprofit takes over the historic Pittsburgh Post-Gazette to prevent its shutdown The newspaper will continue publishing with its name and print editions in Pittsburgh The deal highlights the growing role of nonprofit organisations in preserving local journalism A Baltimore-area nonprofit has agreed to take over the Pittsburgh Post-Gazette, in a deal that should prevent the 240-year-old newspaper from shutting down next month. According to the Post-Gazette and a joint announcement from the parties, Block Communications will transfer the paper’s assets to the Venetoulis Institute for Local Journalism, the nonprofit behind the Baltimore Banner. The transaction is due to…

CNN promotes Alex MacCallum to COO to strengthen digital and subscription strategies The move signals a shift in focus amid declining cable audiences and rising digital revenue MacCallum’s experience at The Washington Post and NY Times underscores CNN’s emphasis on digital execution CNN has promoted Alex MacCallum to chief operating officer, giving one of its key digital executives a broader remit as the network pushes harder into streaming and subscriber growth. Mark Thompson, CNN’s chief executive, told staff in a memo that MacCallum had already played a central part in reshaping the business since returning to the company two years…

The Globe’s Power Play is a twice-weekly, subscriber-only newsletter focused on local business and political forces. It aims to deliver quick, analysis-driven updates on Massachusetts commerce and policy. The newsletter complements existing Globe coverage, with a focus on insider insights and industry trends. The Boston Globe is introducing a subscriber-only newsletter focused on the intersection of business and politics in Massachusetts, as it looks to add value for paying readers and sharpen its local coverage. The move shows how regional publishers are using newsletters not just for distribution but as premium products — designed to reinforce subscriptions and deliver more…

Bonnier News’ profitability increased by 29% in 2025, driven by digital subscriptions Digital revenue now accounts for over 60% of total income, with nearly 500,000 digital subscribers The company anticipates a stronger year in 2026 with continued growth in readership and advertising Bonnier News ended 2025 with sharply improved profitability and continued growth in its subscription business, the Swedish media group said, positioning the company for what its chief executive expects will be a stronger 2026. The results highlight the steady shift toward reader revenue and digital products across the group’s portfolio of national and local titles. The publisher reported…

Mediahuis reports marginal revenue growth of 2% in 2025, with a strategic shift from print to digital The company’s radio and online marketplace divisions experience notable expansion Stronger cash position enables further digital investments and cross-border acquisitions across Europe Mediahuis, the Belgium-based publisher which also has titles in the Netherland, Germany and Ireland, posted another year of limited underlying growth in 2025 as it continued shifting from print to digital and expanding into marketplaces and radio. Consolidated revenue rose 2% to €1.26 billion, extending a pattern of subdued top-line growth after the surge during the pandemic. Operating profit reached €152…

Global podcast revenues are forecast to reach hundreds of billions by 2033, showcasing rapid growth. Technological advances and platform innovations broaden creator diversity and listener engagement. Challenges like copyright, ad saturation, and retention demand strategic industry responses. Podcasting has moved from niche pastime to core media channel, reshaping how audiences consume stories and how companies reach customers. The debate now centres on scale. Forecasts vary widely, reflecting both strong momentum and the difficulty of modelling a fast-evolving market. A Vocal.Media analysis projects global revenues rising from $27.88bn in 2024 to $204.75bn by 2033 — roughly 24.8% compound annual growth between…

Berkshire discloses new 3% stake in The New York Times, signalling renewed confidence in digital news. Investment follows the company’s strong digital subscription growth and advertising revenue. Move coincides with Warren Buffett’s leadership transition and reflects shifting investment strategies. Berkshire Hathaway has acquired about 5.1 million shares in The New York Times Co., taking a roughly 3% stake valued at just over $350 million at year end, according to a filing with the US Securities and Exchange Commission. The disclosure, made in Berkshire’s latest 13-F, marks a return to media investing for the conglomerate, which exited its newspaper holdings in…

Rampart, Joe Aston’s investigative newsletter and podcast, generates revenue in the “multiples” of A$500,000 after one year Its low subscriber churn rate and outsourcing model contribute to rapid profitability and growth The success reflects a broader shift towards sustainable independent journalism outside traditional mastheads Australian journalist Joe Aston says his business-based investigative newsletter and podcast Rampart generated revenue of more than $350,000 in its first year and moved into profit within months of launch. In an interview with Mumbrella, Aston said revenue was measured in “multiples” of A$500,000 and that the business quickly exceeded his goal of replacing his former…

Levisohn, a Dow Jones veteran, takes over at Barron’s as market interest peaks Levisohn combines extensive market experience with innovative editorial initiatives His appointment aims to expand Barron’s reach and capitalise on rising investor engagement Dow Jones has appointed Ben Levisohn editor in chief of Barron’s, elevating a 15-year company veteran to the top editorial role at the financial publication. The move puts a longtime insider in charge at a moment of heightened interest in markets and investing, as Barron’s looks to build on recent product launches and expand its reach across platforms. He replaces David Cho, who last year…

Reddit plans to acquire technology firms to enhance its products and ad offerings The company’s revenue reached $726m last quarter, driven by AI-enabled ad tools Growing AI search and user engagement positions Reddit for new monetisation strategies Reddit told investors last week that it is preparing a new wave of acquisitions aimed at strengthening its advertising stack and audience-growth products, signalling a continuation of the company’s recent buy-and-build approach. For news publishers Reddit is no longer just a source of traffic or unfiltered conversations around the news and other topics. Its growing role in search, AI-powered answers and advertising places…