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William Lewis

All articles tagged with #william lewis

media-industry1 year ago

"Washington Post Faces Leadership Shakeup Amid Audience Decline"

Washington Post CEO William Lewis announced the abrupt departure of executive editor Sally Buzbee and a major restructuring of the paper into three newsrooms to address declining readership and financial losses. Former Wall Street Journal editor-in-chief Matt Murray will temporarily replace Buzbee. The changes have caused significant internal turmoil, with staff expressing concerns over leadership choices and the direction of the paper.

via Fox News|
#audience-decline#media-industry#media-restructuring
business2 years ago

Former Dow Jones Chief William Lewis Named CEO and Publisher of Washington Post

Former Dow Jones Chief Executive William Lewis has been named as the CEO and publisher of The Washington Post, following owner Jeff Bezos' desire for the publication to return to profitability. Lewis will take on the role starting January 2, 2024, and will be tasked with improving the newspaper's business, which has seen a decline in subscriptions after an unsuccessful attempt to broaden its coverage beyond politics.

via The Wall Street Journal|
#business#ceo#dow-jones
business2 years ago

"William Lewis appointed CEO of Washington Post, announces 10% staff reduction"

The Washington Post has appointed William Lewis, former CEO and publisher of The Wall Street Journal, as its new CEO and publisher. The company is projected to end the year with a $100 million loss and plans to reduce its headcount by about 10%. Lewis's appointment comes at a challenging time for the media industry, with a sluggish advertising market, low trust in news, and the rise of generative AI technology. The Post's prior projections for website traffic, subscriptions, and advertising growth were deemed "overly optimistic." The majority of the Post's revenue now comes from its digital business, with about 2.5 million digital subscribers.

via CNBC|
#business#ceo-appointment#headcount-reduction
business2 years ago

"William Lewis appointed CEO and publisher of The Washington Post, announces staff reduction"

William Lewis, a news media veteran and former CEO of Dow Jones, has been named the new publisher and CEO of the Washington Post, taking over on January 2, 2024. Lewis will lead the newspaper during a challenging time of financial trouble, declining readership, and a rapidly changing media landscape. The Washington Post has struggled to maintain its readership in the post-Trump era, with digital audience and subscriptions dropping significantly. Lewis aims to champion high-quality journalism, grow the Post's business, and advance its impact for future generations.

via CNN|
#business#ceo#journalism
business2 years ago

William Lewis appointed CEO and publisher of The Washington Post, announces staff reduction plan

William Lewis, a veteran media executive and former business journalist, has been named the new CEO and publisher of the Washington Post. Lewis, who previously served as publisher of the Wall Street Journal and CEO of Dow Jones, is praised by Washington Post owner Jeff Bezos as a "strong fit" for the role. Lewis will begin his new position on January 2, replacing Fred Ryan.

via POLITICO|
#business#ceo#media-executive
business2 years ago

William Lewis appointed CEO and Publisher of The Washington Post

William Lewis, former CEO of Dow Jones and publisher of the Wall Street Journal, has been named the new CEO and publisher of The Washington Post. Lewis, who has a background in journalism and executive leadership, will take over the position on January 2. He replaces Fred Ryan and will be tasked with addressing the drop in audience and subscribers at The Post, as well as reducing the company's headcount and financial losses. The decision was praised by Jeff Bezos, the owner of The Post, who believes Lewis's experience and vision make him a strong fit for the role.

via The Washington Post|
#business#ceo#media