Media scrambles for survival ahead of 2024

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With business headwinds growing stronger, news leaders know they can't afford to push off changes any longer.

Major restructurings, layoffs and newsroom overhauls are unusual for America's biggest news companies just months ahead of a highly anticipated presidential race.

Murray will take over the role until the 2024 U.S. presidential election, after which he will move to lead a new newsroom division focused on social and service journalism. It marks the company's most significant consumer-facing effort to begin re-establishing a direct-to-consumer relationship with readers after the fall of its subscription video app, CNN+, in 2022.a new, multimillion-dollar brand advertising campaign geared toward broadening the Journal's subscriber appeal to a wider set of business professionals, not just finance investors or C-suite executives.

The newsroom leaders of The Wall Street Journal and Bloomberg News are currently all British, hailing from News Corp titles and The Economist. The Washington Post will join that list by the end of the year.

 

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