() – Media CEO Justin Smith will resign immediately to open a new media firm, Smith wrote in a tweet on Tuesday.
“After working in the media industry for 8 years and more than 25 years in quality journalism, I decided to realize my personal dream and market opportunity, which is to launch a new type of global media company that provides truly impartial journalism services to a global audience. “, – wrote Smith.
The Wall Street Journal was the first to report here on Smith’s departure and plans.
According to a statement from Journal LP founder Michael, the role will be played by Scott Havens, CEO of Media Growth.
Smith, who moved from Atlantic Media in 2013, will remain as a consultant to help transition in the coming months, the magazine added.
The media did not immediately respond to a request for comment.
The media competes with Thomson Corp.’s news division to provide the media with news.
Interviews with Helen Koster of New York and Eva Matthews of Bengaluru; Edited by Amy Caren Daniel, Alexandra Hudson