News Corp’s Les Goodstein, who captained company’s New York community newspaper efforts, has resigned
News Corp. executive Les Goodstein, a major figure in local New York City newspaper-publishing, resigned earlier this month, Capital has learned.
Goodstein, who'd been with News Corp. for more than seven years, had been running the company's Brooklyn-based Community Newspaper Group as a senior vice president.
Community Newspaper Group publishes The Brooklyn Paper, which was acquired in 2009, and various other community-news titles in Brooklyn, Queens and the Bronx.
"Since 2006, Les has played an important role in expanding CNG's reach, developing our local strategy, and working with the [New York Post] to expand partnerships with advertisers," Post publisher Jesse Angelo told colleagues in a July 10 staff memo obtained by Capital. "Les has been a true professional, committed to his employees and clients, and we have benefitted from his deep knowledge and wisdom of the market."
Goodstein's exit raises questions about the future of News Corp's New York-based local titles. The company is reportedly exploring the sale of another community newspaper group it owns, Dow Jones Local Media. A News Corp. spokeswoman had nothing to say when asked whether the Community News Group was likewise on the block.
"We generally do not comment on any specific sale or acquisition of assets," she said.
Meanwhile, C.E.O. Robert Thomson has been aggressive in shuffling some of his top lieutenants since the corporate separation last month of News Corp's publishing properties from the more lucrative film and television assets they'd long been cushioned by. (The latter entities now trade under the newly-created 21st Century Fox.)
Last week, Thomson temporarily reassigned longtime Post editor Col Allan to consult for News Corp's struggling Australian papers, plucking Angelo to lead the tabloid's newsroom in the interim. In England, Dominic Mohan stepped down as editor of The Sun to serve in a consulting capacity as an adviser to Thomson. And The Wall Street Journal is in the midst of a restructuring as well.
Goodstein joined News Corp. in 2005 following a 28-year-career with the Daily News, where he'd climbed the ladder all the way to president and chief operating officer, but was ultimately passed over for the role of C.E.O., according to a source with knowledge of the matter. (News Corp. owns rival tabloid the Post.)
It's unclear whether Goodstein, who could not be reached for comment, has another gig lined up. His wife, Jennifer Goodstein, bought a chain of weekly Manhattan newspapers, including The Villager and Downtown Express, last August, which would seem to provide a pretty soft landing. Calls to Ms. Goodstein at the company's Canal Street offices went unanswered Monday morning.
At Community News Group, Goodstein will be replaced by Cliff Luster, the group's publisher.