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Daily Archives: May 14, 2015

It was announced Wednesday that former New York Times executive Denise Warren (below) will lead the digital side of Tribune Publishing and oversee its six East Coast newspapers. An SEC filing discloses her Tribune compensation:

Ms. Warren will receive an annual base salary of $625,000, subject to increase as determined by the Company. She will also be entitled to receive an annual cash bonus with a target of 100% of base salary and her bonus for 2015 shall be no less than 75% of her target bonus prorated based on the period of employment during 2015.

Ms. Warren’s employment agreement provides that for 2015, 2016 and 2017, subject to her continued employment, she will receive annual equity grants having an aggregate fair market value of $550,000 on the grant date, of which half of the value of the award will be stock options and half restricted stock units.

* Tribune Publishing taps ex-NYT exec Denise Warren (wsj.com)
* Tribune Publishing discloses Warren’s pay in an SEC filing (sec.gov)
* October 2014: Warren leaves New York Times after 26 years (nytimes.com)

– h/t Michelle Leder




From the note:

I guess what I was asking/hoping is that you wouldn’t include my incident [driving with a suspended license] in the paper. I will even make any kind of deals with you. I lobster part time and if you like lobster then I could get you all the lobster you want for the next year and a nice free lobster dinner once or twice a year. I am really desperate not to let my family see this.

Portsmouth (NH) Herald reporter Beth Dinan tweeted the above note as a #TBT (Throwback Thursday) suggestion. She tells us: “I received the request in July of 2011, laughed a fair amount, stuck it on my bulletin board and never replied.”

* That time someone offered lobsters to stay out of the cop log (@DinanElizabeth)

This news is low in Digital First Media CEO John Paton’s memo to employees:

It has been determined that a sale of the Company as previously speculated is not in the best interest of shareholders at this time. However, we continue to have discussions concerning selected assets, and we are looking at potential acquisition opportunities.

Apollo Global Management was expected to acquire the newspaper chain.

Also: “In light of the strong trajectory the Company is on, John [Paton] has decided that the time is right for him to dedicate his efforts on a full-time basis to IVA Ventures.” Chief operating officer Steve Rossi replaces him.

Date: May 14, 2015 at 10:03:36 AM MDT
Subject: IMPORTANT Message From John Paton and Steve Rossi

(On behalf of John Paton & Steve Rossi)

Folks,

As you all know, it is earnings season and we are seeing others in our industry report on their financial performance. While our fiscal year does not end until June 30th, we can see how it will finish and we thought this was a good time to update you on news at our Company on this and other fronts.

To begin, for DFM, it has been a strong year in a difficult environment. In short, because of you this Company has real, demonstrable momentum. Year-to-date we have:

* Increased our operating profit versus last year, enabling us to deliver on our goal of providing profit sharing for all eligible employees;

* Delivered nearly $200 million of digital ad sales; and

* Expanded our AdTaxi digital platform, both internationally and with large newspaper, television station and ad agency partners in 166 cities and 6 countries./CONTINUES Read More

* New York Times page one photo [below] explained: “Rich Docherty, who runs a photo blog called NYC Snapped, had been walking along Eighth Avenue looking for photo opportunities when he heard a ‘pop, pop, pop, pop.'” (instagram.com)
* Imagining the Times doing clickbait. (deathandtaxesmag.com)
* Lester Holt anchoring the news from a helicopter was “distracting” and “ridiculous.” (adweek.com)
* Carolyn Washburn is out as Cincinnati Enquirer executive editor. (cincinnati.com)
* Earlier: Washburn tells her staff they’re “getting slammed by readers on sloppy copy.” (jimromenesko.com)
* Someone’s quite unhappy with ABC News PR: (@continetti) | (politico.com)
* Several newspaper companies tell Ken Doctor the second quarter could be worse than the first. (niemanlab.org)
* Former U-T San Diego sportswriter Tim Sullivan on his old paper being sold to Tribune: “I am encouraged that the paper may be able to regain some of the credibility and trust it lost to heavy-handed and counterproductive leadership.” (sdcitybeat.com) | Sullivan would consider returning to San Diego. (timesofsandiego.com)
* The Onion’s redesign adds infinite scrolling. (wired.com)
* USA Today sports site FTW gets rid of infinite scrolling. (digiday.com)
* Ira Glass explains his much-discussed comment about public radio being ready for capitalism: “I did NOT mean that public radio should abandon its mission and shoot instead for ratings and profits.” (current.org)
* Paging Scripps National Speling Spelling Bee judge Dr. Dr. Jacques Bailly! (@malloriesullivn)