• Failing Washington Post names Will Lewis as new chief executive and pub

    From Trump will save it@21:1/5 to All on Fri Nov 10 19:56:42 2023
    XPost: alt.fan.rush-limbaugh, alt.journalism.newspapers, alt.society.liberalism XPost: talk.politics.guns

    Veteran British media executive Sir Will Lewis has been named as the new publisher and chief executive of The Washington Post, as the newspaper
    group owned by Amazon founder Jeff Bezos looks to revive its fortunes.

    Lewis, 54, has had several high-profile jobs in the media industry,
    including being editor of the Daily Telegraph, publisher of the Rupert Murdoch-owned Wall Street Journal and chief executive of Dow Jones.

    Most recently he co-founded the News Movement, an organisation seeking to provide reliable information on platforms with large audiences of young
    people, such as TikTok and YouTube.The former Financial Times journalist
    had also been in the running to buy the Daily Telegraph, which was put up
    for sale last month.

    In September, Lewis told Bloomberg that he had lined up funding for a bid
    for the paper. He plans to withdraw from the bidding process, according to
    a person familiar with the situation.Lewis will begin his new role at the Washington Post on January 2, and takes over from interim chief executive
    Patty Stonesifer.

    The US broadsheet has been searching for a new permanent head since the departure this summer of Fred Ryan, who had been chief executive and
    publisher for almost a decade.In a statement, Bezos said Lewis was “an exceptional, tenacious industry executive whose background in fierce, award-winning journalism makes him the right leader at the right time”.

    Lewis said: “Leading this bold media brand means building on my commitment
    to championing high-quality journalism and safeguarding our democratic values.”By joining the Washington Post, Lewis adds to the ranks of British executives at the helm of top US media organisations.

    Earlier this year, former BBC director-general Mark Thompson became chief executive of cable TV news channel CNN, while Emma Tucker was named as editor-in-chief of The Wall Street Journal in December last year.

    After enjoying a surge in subscriptions during the presidency of Donald
    Trump, the Washington Post has seen growth falter more recently.

    Last month Stonesifer, a board member at Amazon, told staff that
    projections for growth in advertising, internet traffic and subscriptions
    had been “overly optimistic”, and announced plans to reduce headcount by
    around 10 per cent through voluntary redundancy.

    https://www.ft.com/content/1e21211e-48fc-4cdb-9911-9d6cc1509923

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