'We need to access new and interesting pools of readers'
Bio: Joe Pompeo is a senior reporter at Capital, where he covers media. He was previously a reporter at Yahoo News, Business Insider and The New York Observer.
"If [advertisers] manipulate the digital or print operations of ... news organizations, it makes the reader confused as to what is news and what is advertising, and the reader's trust, the very reason that those advertisers want to advertise in those news organizations, goes away."
His appointment, announced in an internal memo obtained by Capital, follows the resignation last week of Jim Roberts, who had taken the job after accepting a buyout from The New York Times.
A former F.B.I. employee has agreed to plead guilty of providing national defense intel to the media, making him the latest press source to be caught up in the Obama administration's aggressive clampdown on leakers.
There's just a week to go until Barry Diller's IAC Interactive is set to formally hand the keys of Newsweek, the 80-year-old newsmagazine his company turned into a digital-only title in January, to IBT media, but it's still not clear who will be working for the magazine, or on what terms.
The Lineup collects the media stories, big and small, that are on our radar each day.
"It's a surprise to most people," one source told Capital. "Initially we thought it was just a way to ease him out of the picture. But they did say in the beginning that he was coming back, so now it appears that may be the case."
Speculation that Fattah had either resigned from or been pushed out of The National, which is owned by the government of Abu Dhabi, has been swirling in recent weeks. But his departure appears to have been confirmed in a series of personal emails that were leaked to Fattah's newsroom employees today, several of which were obtained by Capital.
Justin Smith's "mission" as C.E.O. of the Bloomberg Media Group will be to "marry the incredible assets" the company's journalists have built over the past several decades with "emerging strategies for winning in the new global media landscape."
Time has made official the news we first reported last week: Nancy Gibbs is the magazine's next managing editor, making her the 17th person and first woman to hold the top masthead position at the 90-year-old magazine.
"IBT contracted me as a very short-term consultant to help them identify suitable candidates for the job of editor of Newsweek," confirmed Varadarajan, who declined to discus the editor search in detail. "The new owners considered numerous terrific candidates and the decision was entirely theirs. I played no role in the final selection."