Ben Smith, Justin Smith Semaphor
Dylan Byers January 9, 2026
Ben and Justin’s recent fundraise at an 8x trailing revenue multiple, which follows David Ellison’s extravagant purchase of The Free Press, suggests we’ve entered a new era of digital media valuations. Unless we’ve just reentered the old one. Anyway, is Punchbowl next in line?
Tony Dokoupil
Dylan Byers January 7, 2026
Tony Dokoupil’s disastrous debut as anchor of CBS Evening News highlights the uncomfortable truth about Bari Weiss’s tenure: While her politics take center stage, it’s her inexperience that’s her real liability.
Jim Steyer
Dylan Byers January 2, 2026
A candid chat with Common Sense Media founder Jim Steyer on what lies in the hearts of Silicon Valley’s biggest bigwigs and what the A.I. bros are doing to your children. Plus, thoughts on Sundar, Zuck, and his brother Tom’s California gubernatorial bid.
Bari Weiss
Dylan Byers December 26, 2025
It’s tempting to view Bari Weiss’s first big blunder—pulling a 60 Minutes segment critical of the administration’s deportation efforts—as purely political, which it may have been. But it may have been the product of something more mundane: Bari doesn’t know how to lead a newsroom.


Journalists
Dylan Byers December 19, 2025
The inherent tension of the journalist-as-brand model, the continued erosion of institutional authority, the potential for an A.I. newsroom: Industry leaders weighed in on all this and more at a panel this week to unveil the results of our latest Puck–Orchestra survey.
Justin Smith ben smith
Dylan Byers December 17, 2025
As Semafor expands further into the Gulf, it’s becoming clear that Justin Smith and Ben Smith’s media baby is looking a lot more like the former than the latter.
Jim Lanzone Yahoo
Dylan Byers December 12, 2025
Don’t waste your tears on Yahoo, the Internet 1.0 relic that collapsed into Verizon and then the warm embrace of private equity. C.E.O. Jim Lanzone explains how the Apollo-owned company is poised to make the most of its post-search distribution, and why niche is the new scale.
Bari Weiss
Dylan Byers December 10, 2025
While The Free Press is flush with holiday spirit, Bari’s job reinventing CBS News is proving more vexing, amid anchor dreams dashed and the age-old challenge of enacting institutional change.


Bari Weiss
Dylan Byers December 5, 2025
In the wake of Netflix’s Warner Bros. coup, the folks at CNN are, perhaps naively, looking on the bright side: They may not have to work for Bari Weiss after all. But times in Spinoffville are going to get tough—and fast.
Olivia Nuzzi
Dylan Byers December 3, 2025
The star-crossed saga of Olivia and Ryan continues its salacious, shameful pas de deux—ensnaring not just Vanity Fair’s new editor but further tainting journalism writ large. Even worse, it elides the real question: Why is a certain pathetic world hanging on every word of a jilted lover’s creepy account proffered without editorial oversight?
Hamish McKenzie, Substack
Julia Alexander November 28, 2025
Google Zero killed the open web, ChatGPT isn’t replacing lost traffic, and superstar talent is a phenomenally difficult business. Digital media companies trying to stay upright are belatedly turning to creator-first subscription platforms in search of sustainable, niche audiences—without realizing that they’ve seen this movie before.
Alison Roman
Dylan Byers November 26, 2025
The internet’s favorite food author finds herself at a familiar crossroads for writers who have become brands unto themselves: trying to balance scale, new ventures, and authenticity while keeping a loyal audience fed… in this case literally.


David Zaslav
Dylan Byers November 21, 2025
With the final bids for Warner Bros. Discovery under careful consideration, David Zaslav’s tenure as an ersatz Hollywood mogul may be coming to an end. Now, it’s all about the numbers, and which suitors have a glide path to regulatory approval. Just which sunset Zaz will ride into is anyone’s guess.
Olivia Nuzzi
Dylan Byers November 19, 2025
Between the Bravo-ready mess of the Nuzzi-Lizza imbroglio and Michael Wolff’s Epstein deference, it was a monumentally bad week for media ethics. As journalists, even principled ones, become increasingly central characters in the stories themselves, is this kind of spectacle an unavoidable component of a new media world order?
Gerry Cardinale
Dylan Byers November 14, 2025
After a second bid to take over The Telegraph met a particularly British brand of resistance, RedBird Capital walked away from the whole ordeal. Now the 170-year-old paper is back to waiting for a Goldilocks buyer.