Barbara Peng to step down as Business Insider CEO at end of June Company faces shrinking subscriptions and ongoing layoffs Focus shifts to paid content, AI, and live journalism to stabilise business Business Insider chief executive Barbara Peng will step down at the end of June, closing a tenure marked by falling subscriptions, repeated layoffs and a broader attempt to remake the publisher around paid content, live journalism and artificial intelligence. Peng told staff on Wednesday that she would leave the company on June 30, according to a memo first reported by Status. Christian Baesler, senior adviser to Axel Springer,…

MIT Sloan Management Review to cease print publication in 2026 Transition to newsletters, videos, social media and podcasts A strategic response to changing management communication trends MIT’s decision to close MIT Sloan Management Review after 67 years marks the end of one of the most durable business school brand extensions in publishing. According to the school, the final issue is due in September 2026. It said the publication will be replaced by a wider digital strategy built around newsletters, short videos, social media and podcasts, with more emphasis on work produced by MIT Sloan faculty. The change underlines a broader…

James Murdoch is in advanced talks to acquire Vox Media’s New York Magazine and podcast division through Lupa Systems. The deal could extend Murdoch’s media influence into prestigious publishing and podcasts, diverging from his family’s conservative media empire. The potential sale highlights ongoing consolidation and challenges within digital media and publishing sectors. James Murdoch is said to be in advanced talks to acquire Vox Media’s New York Magazine and its podcast arm through Lupa Systems, his investment vehicle, according to the Wall Street Journal. The potential transaction would hand Murdoch control of one of the best-known names in American magazine…

Legislation aims to generate up to A$250 million annually for news outlets 2.25% levy on digital platform revenues, with offsets for signed deals Government asserts journalism’s economic value and democratic importance Australia has unveiled a new plan to push Meta, Google and TikTok into paying more directly for the journalism their platforms distribute, in a move that could bring in up to A$250 million a year for newsrooms. According to draft legislation released by the government, the measure would be introduced to parliament by July 2 and would impose a 2.25% levy on the Australian revenue of large digital platforms…

Yahoo merges Sports and Finance to create a free, specialised sports business platform Content from leading sports and investment media partners will be accessible without subscription The move highlights rapid changes in sports media, technology, and investment sectors Yahoo Media Group is expanding into specialist coverage with a free sports business hub that brings together Yahoo Sports and Yahoo Finance, aiming to give readers a single destination for reporting on the money, media and investment forces shaping sport. The move reflects the shift in digital publishing towards bundled, subject-specific products that keep audiences inside one ecosystem while serving overlapping interests.…

Hearst is prioritising data as a core asset to enhance speed and adaptability. The company is embedding AI and machine learning across its diverse portfolio. Focus on data quality, metadata, and governance aims to create a more responsive, intelligent enterprise. Hearst is recasting itself around data and artificial intelligence as the 140-year-old group seeks to make its portfolio faster, more connected and better suited to digital change. As AI tools spread, the competitive edge is moving away from raw scale towards how effectively companies structure, govern and apply their data across products, audiences and revenue streams. In an interview with…

Us Weekly plans significant redundancies due to weak first quarter performance The magazine will close its New York office and move to remote work from May The shift highlights broader struggles of legacy print media in the digital age Us Weekly is cutting close to half its workforce and shutting its New York office, in a sharp retrenchment that underscores the strain on legacy magazine brands as print advertising continues to erode. As audiences and advertisers move online, titles built on mass-market print circulation are struggling to adapt, forcing owners to reduce costs and rethink operating models. According to the…

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…