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☆ Bob Iger made 'no secret' of dissatisfaction with Bob Chapek, says Semafor's Ben Smith
▼ + stars: | 2022-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBob Iger made 'no secret' of dissatisfaction with Bob Chapek, says Semafor's Ben SmithBen Smith, Semafor co-founder and editor-in-chief, joins CNBC's 'Squawk Box' to react to former Disney CEO Bob Iger returning to lead the entertainment company.

SummarySummary CompaniesCompanies Law firms Frost Brown Todd and AlvaradoSmith to merge effective Jan. 1Combined firm will have more than 575 lawyers in 17 offices(Reuters) - Frost Brown Todd is set to combine with California law firm AlvaradoSmith as the Cincinnati-founded firm continues to branch out to new regions. The combination will give Frost Brown Todd 23 additional attorneys and three California offices in Los Angeles, Orange County and San Francisco. Frost Brown Todd, founded in 1919 as Frost & Jacobs before merging in 2000 with Louisville-founded Brown, Todd and Heyburn in 2000, has roots in the middle of America, with offices in Ohio, Kentucky, Indiana and other states. The AlvaradoSmith attorneys are joining the larger firm under the name Frost Brown Todd AlvaradoSmith in California through 2023, before reverting to the Frost Brown Todd name the next year. Law firm mergers dropped as the COVID-19 pandemic took hold in 2020, and activity stayed at lower levels throughout 2021.

☆ Semafor's Ben Smith explains why it could become embarrassing to pay for Twitter
▼ + stars: | 2022-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor's Ben Smith explains why it could become embarrassing to pay for TwitterBen Smith, Semafor co-founder and editor in chief, joins CNBC's 'Squawk Box' to weigh in on Elon Musk's takeover of Twitter and what it means for speech on the platform.

☆ Air France-KLM beats quarterly estimates on travel recovery
▼ + stars: | 2022-10-28 | by ( Dina Kartit | ) www.reuters.com time to read: +2 min

Oct 28 (Reuters) - Air France-KLM's (AIRF.PA) quarterly core profit beat expectations on Friday, as the airline company reported favourable demand recovery despite lower capacity and inflationary pressure on costs. Quarterly revenue came in 8.11 billion euros, above 2019 levels. These disruptions resulted in 60 million euros additional compensation costs compared to the same quarter in 2019, Air France-KLM said. Third-quarter traffic and passenger numbers for Transavia, the group's low-cost subsidiary, increased by 45.4% and 41.8%, driven by demand recovery in North Africa and Europe, despite record-high eurozone inflation. Air France-KLM expects seat capacity levels in the fourth quarter, full-year 2022 and the first quarter of 2023 at about 85%, 80% and 90%, respectively, confident that the recovery context will continue.

☆ The hotly anticipated media startup Semafor has launched, creating the 'Semaform' article structure to separate news from opinion
▼ + stars: | 2022-10-18 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +5 min

The company has created "Semaform," a way to separate news and opinion in articles. Semafor, the hotly anticipated media startup that grabbed industry attention before it even launched, is finally here. Led by former Bloomberg Media CEO Justin Smith and former New York Times media columnist and BuzzFeed News editor-in-chief Ben Smith, the outlet began publishing Tuesday morning with the lofty ambition of "solving certain significant news consumer frustrations," Justin Smith told Insider. "We have a long runway through 2023 and moving into 2024 on a revenue front and a cost front," Justin Smith said. Overall, the target readership is "very much the news omnivore" and people who are "opinion leaders" in business, finance, and tech, Justin Smith said.

☆ Semafor news platform launches
▼ + stars: | 2022-10-18 | by ( Helen Coster | ) www.reuters.com time to read: +2 min

That structure is designed to address issues such as a trust deficit between the public and the press, and some readers' inability to distinguish between facts and analysis, said Semafor Executive Editor Gina Chua in an interview Monday. That funding will take Semafor to the end of 2023 and into 2024, according to chief executive officer Justin Smith. At launch, Semafor said that 75% of its revenue will come from advertising and 25% from event sponsorships. Some news organizations such as Axios have had success luring readers with shorter, unconventional formats. Register now for FREE unlimited access to Reuters.com RegisterReporting by Helen Coster in New York, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

☆ Semafor debuts in a tough media environment, with an aim toward decluttering the news
▼ + stars: | 2022-10-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Semafor has been preparing for its launch since January, when former New York Times media columnist Ben Smith and former Bloomberg Media Chief Executive Officer Justin Smith quit their jobs to start the venture. The Smiths will take lessons learned from more than 20 years in digital media to steer Semafor into what they hope will be a global, profitable business. Still, advertising-supported digital media is a sector known for recession droughts and low growth — with plenty of cautionary tales. Semafor will immediately stand out from legacy news publications such as The New York Times, The Wall Steet Journal or CNN.com through its unique article structure. To solve for information overload, a key flaw in the current media ecosystem, according to Justin Smith, outside media analysis will be truncated and found in the Notable section.

☆ Semafor's global ambitions to be the 'Netflix of news'
▼ + stars: | 2022-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor's global ambitions to be the 'Netflix of news'Ben Smith, Semafor co-founder, joins 'Squawk Box' to discuss his company's attempt to offer more transparent stories.

☆ How newsletter startup Workweek plans to become the next Condé Nast — and sell chicken sandwiches
▼ + stars: | 2022-10-11 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

Workweek is a media company built around a roster of 21 newsletter writers. This summer, the operations team at the business-focused media startup Workweek began brainstorming the best way to open a chicken restaurant. Regardless of whether Workweek begins selling chicken or not, the project is already a success in its CEO Adam Ryan's eyes. "One of the things that we wanted to answer was, could we make 10 times more revenue per subscriber than the average media company?" Heading into 2023, Workweek plans to expand its talent roster and grow into new content verticals.

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