Finkelstein’s backers include Josh Harris, co-founder of the private-equity giant Apollo James Tisch, chief executive of the financial conglomerate Loews and Thomas Peterffy, founder and chairman of the trading platform Interactive Brokers. Wakeford said The Messenger would explore many sides of an issue - “polyperspectivity,” he said - and wouldn’t ignore any perspectives or opinions. Wakeford has hired Marty Kady, a longtime senior editor at Politico, to be The Messenger’s politics editor, and Mary Margaret, a former top editor of Entertainment Weekly, to direct entertainment coverage. And he defended The Hill, saying independent studies determined that readers think the publication is “balanced and nonpartisan.”ĭan Wakeford, a former top editor of People Magazine, will oversee the newsroom. Trump had known each other socially for decades, adding that he’s friendly with Democrats, too.
The site will be free and supported by advertising, with an events business to follow. Finkelstein said in his first extended interview about the new business, is creating an alternative to a national news media that he says has come under the sway of partisan influences. Finkelstein said, he plans to have around 550 journalists, about as many as The Los Angeles Times. Financed with $50 million in investor money, the site will start with at least 175 journalists stationed in New York, Washington and Los Angeles, executives say.
In May, he plans to introduce The Messenger, a news site that will cover politics, business, entertainment and sports. Finkelstein, 74, is envisioning for what he’s calling his last major act in the media industry. In 2021, he sold The Hill to the broadcast giant Nexstar for $130 million.īut neither of those journalistic ventures was nearly as big as what Mr. Jimmy Finkelstein’s winding career in publishing has included running and being a part-owner of The Hollywood Reporter and The Hill, a middle-market chronicler of Washington politics.
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