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Axios Local tops 1 million email subscribers: The Media Roundup

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NUJ accuses Reach of hypocrisy over pay inequality front page

The Daily Mirror is one of the few left-leaning newspapers in the UK and a front page slamming fatcat pay awards in response to a government call for wage restraint is 100% on brand. The story rightly has a go at CEOs being paid, on average, 86 times more that their staff while ordinary workers are being told to tighten their belts.

Unfortunately for Mirror publisher Reach, a 3% pay offer made by the publisher has been rejected by leaders of the National Union of Journalists branch at Reach with the Union criticising Reach’s own CEO, who is paid 107 times that of the average Reach worker.

It’s way beyond the scope of this newsletter to tell publishers what to pay or journalists what to accept. But it has to be a mistake to go hot and heavy on inflated executive salaries when, 1. you’re offering your staff 3% and 2. your editorial line wildly contradicts your own executive pay policies.

Axios Local tops 1 million email subscribers and eyes its 24th city

The network of free, local newsletters from Axios, has surpassed 1 million email subscribers across its 21 locations. The publisher plans three more cities by the end of July and is projecting $10 million in revenue by the end of the year – not at all bad for a publishing project that’s less than two years old.

Foundry president on the journey from B2B publisher to data and tech provider

Foundry, the B2B publisher formerly known as IDG, wants to build a new reputation as a provider of data and marketing tech. Advertising is just 10% of Foundry’s revenue, compared with 55% from data and software and 20% from marketing services. The rest comes from events. In this interview, company president Kumaran Ramanathan talks about the pivot away from publishing.

Immediate’s HistoryExtra podcast celebrates 15 years with a milestone 150 million listens

Esther has been talking to HistoryExtra’s David Musgrove on the 15th anniversary of the award-winning podcast. As HistoryExtra celebrates this amazing birthday (well over 100 in podcast years) it has also just racked up 150 million listens, just over a year after it made the 100 million milestone.


This content originally appeared in The Media Roundup, a daily newsletter from Media Voices. Subscribe here: