2 Prominent Media Executives, Justin Smith And Ben Smith, Team For New Media Venture

Two of the media’s most prominent figures, Bloomberg Media CEO Justin Smith, and New York Times media writer Ben Smith, are joining forces to create a new international media company.

Both announced their resignations Tuesday.

Justin Smith, who joined Bloomberg in 2013 and before that headed The Atlantic, said on Twitter he had “decided to pursue a personal dream, and a market opportunity, to launch a new kind of global news media company that serves unbiased journalism to a truly global audience.”

In an email to The Wall Street Journal, Justin Smith said: “The news industry is facing a crisis in consumer trust and confidence, due to the distorting influence of social media and rising levels of polarization and parochialism. My plan is to launch a premium news business that serves unbiased journalism to a global audience and provides a high-quality platform for the best journalists in the world.”



Ben Smith told TheNew York Times he and Justin Smith plan to create a global media business that will break news and develop new content formats. “There are 200 million people who are college educated, who read in English, but who no one is really treating like an audience, but who talk to each other and talk to us,” Smith said. “That’s who we see as our audience.”

“I’m so excited about this,” Ben Smith, the former editor in chief of BuzzFeed, added on Twitter. He’s been at the Times since March 2020.

Neither man elaborated on who might join the venture or how it will be funded. The WSJ said Scott Havens, Bloomberg Media’s Chief Growth Officer and global head of strategic partnerships, will succeed Justin Smith as Bloomberg Media’s CEO.

Ben Smith, who worked at Politico before BuzzFeed, has published a variety of high-profile stories during his time at the Times, including reporting on the collapse of the startup Ozy Media and harassment allegations against the top editor of the German newspaper Bild. At BuzzFeed, he was the first editor to publish the controversial Steele dossier.

Justin Smith is credited with a major turnaround of TheAtlantic business and launching the business website Quartz

4 comments about "2 Prominent Media Executives, Justin Smith And Ben Smith, Team For New Media Venture".
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  1. Bode Lang from BOSS, January 5, 2022 at 12:55 p.m.

    HAHA these guys are ridiculous! Their backgrounds are the New York Times, Bloomberg, Buzzfeed, TheAtlantic and they're going to start an "unbiased" news service?? What a joke. Ben Smith was the first editor to publish the FAKE Steele Dossier!! This guy is the king of fake news! They're going to hire all the same left-wing propagandist media hacks that they work with at their previous employer and their new venture will be just as awful as any other news org in about six weeks. 

  2. John Grono from GAP Research, January 5, 2022 at 4:09 p.m.

    Just a thought Bode.   Don't sweat it too much, because If Ben Smith is "the king of fake news" as you say, then doesn't it mean that the news that he plans to launch a global media business is fake?

  3. Michael Giuseffi from American Media Inc, January 6, 2022 at 1:53 p.m.


    Regading a " Russian Hoax"  if you are serious, read the Senate Intelligence Commitee report. At every tuirn Russia aided the Trump campaign. Trump knew it and accepted the help. That is from Richard Burr a republican chair of the commitee.  It was not a hoax.   The Steele document was raw intel, not journalism or criminal investigation. 

    And I supposed the 1/6 rioters were just tourists? 

  4. Bode Lang from BOSS replied, January 7, 2022 at 4:12 a.m.

    The Steele Dossier was "raw intel? HAHA OMG you people are delusional. The fact that there are still people out there who think that the Steele Dossier was "raw intel" shows just how insulated Democrats are from reality.  Your evidence is what someone else has said. Here is real evidence from the DOJ:

    The dossier was compiled by former British spy Christopher Steele, who was working for opposition research firm Fusion GPS, which was being paid by Hillary Clinton’s presidential campaign and the Democratic National Committee. It was leaked to the media in January 2017, shortly before President Donald Trump was inaugurated. The dossier included a number of claims about Trump’s ties to Russia, including prostitutes.

    Special Counsel John Durham’s indictment of “dossier” source Igor Danchenko revealed the first real evidence of “Russia collusion”  and it was linked to Hillary Clinton’s associates, not to Donald Trump or his presidential campaign. Danchenko, a Russian-born, U.S.-based researcher, had worked from 2005-2010 at the Brookings Institution with Strobe Talbott, a former official from Bill Clinton’s State Department. He later became the main “Russian” source for former British spy Christopher Steele, who compiled the fraudulent “Russia dossier” on Donald Trump on behalf of opposition research firm Fusion GPS, which was secretly being paid by the Hillary Clinton campaign and the Democratic National Committee.

    What's sad is that 77% of Democrats still think the fake dossier is legitimate, but "raw intel" is laughable.  See here: 

    FBI Knew Before Mueller Probe That Hillary's Steele Dossier Was Russian Disinformation

    FBI Had Evidence That Anti-Trump Dossier Could Contain Russian Intel Disinformation, Declassified Footnotes Show



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