Capital Brief

Last updated

Capital Brief
Available inEnglish
HeadquartersSydney, Australia
OwnerScire
EditorJohn McDuling
CEOChris Janz
URL https://www.capitalbrief.com
CommercialYes
RegistrationOptional
Launched2023-08-23
Current statusActive

Capital Brief is an Australian business and politics news website that launched in August 2023. [1] Its target audience is "the founders and executives who need capital to grow their businesses, the people who help them get it, investors who allocate it, and decision makers in the federal capital, Canberra". [2] [3]

The editor-in-chief is John McDuling, the former national business editor of The Sydney Morning Herald and The Age . [4]

Journalists are based in Sydney, Melbourne and Canberra. They include chief political correspondent Anthony Galloway, [5] VC and startups correspondent Bronwen Clune, [6] legal and regulatory affairs correspondent Laurel Henning, [7] media correspondent John Buckley, [8] markets and finance correspondent Jack Derwin, [9] technology correspondent Dan Van Boom, [10] associate editor business and geopolitics Philip Wen [11] and associate editor banking and finance Andrew Cornell. [12]

Its main newsletter, The Edition, is published at 4.30pm weekdays. Specialist newsletters Capital Gains (banking and finance), Prima Facie (legal affairs), Sweat Equity (VC and startups), and Political Capital (politics and policy) are published weekly. [13]

The company also produces the daily M&A, ECM and VC deals newsletter Letter of Intent, which was acquired in 2023 for an undisclosed sum. [14] [15]

Its business model is subscription based [16] and, in contrast to most Australian media, [17] not collecting personal data for advertisement targeting. [18] Its "reader-revenue-first and journalism-first" approach is modelled on the US websites The Information, Axios and Semafor. [19]

The publication includes breaking news provided by national newswire Australian Associated Press in a "briefings" format that is unique to the publication. [20]

It is the first publication from Scire, a start-up launched by former Fairfax Media executives Chris Janz and David Eisman. [21] [22] The venture was confirmed in March 2023 after months of speculation in Australian media. [23] [24] [25] [26] [27] Janz was previously publisher of The Sydney Morning Herald, The Age and The Australian Financial Review and led the team that "saved The Age and the SMH" from print closure. [28]

Scire is backed by Sydney venture capital firm Shearwater Capital. [29]

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References

  1. ↑ Song, Darcy (23 August 2023). "Scire's Capital Brief soft-launches to the public". Mumbrella. Retrieved 9 January 2024.
  2. ↑ "About Capital Brief". Capital Brief. Retrieved 9 January 2024.
  3. ↑ "Scire reveals Capital Brief masthead". influencing.com. Retrieved 2024-02-27.
  4. ↑ "Chris Janz and David Eisman's Scire names John McDuling as inaugural editor-in-chief". Mediaweek. 27 March 2023. Retrieved 9 January 2024.
  5. ↑ "Journalist Spotlight | Interview with Anthony Galloway, Chief Political Correspondent at Capital Brief". www.medianet.com.au. Retrieved 2024-02-27.
  6. ↑ "Clune brings "lived experience" to Capital Brief reporting (Part 1)". influencing.com. Retrieved 2024-02-27.
  7. ↑ "Journalist Spotlight | Interview with Laurel Henning, Legal and Regulatory Affairs Reporter at Capital Brief". www.medianet.com.au. Retrieved 2024-02-27.
  8. ↑ "Buckley joins Capital Brief newsroom". influencing.com. Retrieved 2024-02-27.
  9. ↑ "Journalist Spotlight | Interview with Jack Derwin, Markets and Finance Correspondent at Capital Brief". www.medianet.com.au. Retrieved 2024-02-27.
  10. ↑ "Scire Media's Capital Brief builds out team - AdNews". www.adnews.com.au. Retrieved 2024-02-27.
  11. ↑ Molloy, Shannon (2023-07-16). "News start-up Scire reveals reporting team for flagship title Capital Brief". Mumbrella. Retrieved 2024-02-27.
  12. ↑ "Journalist Spotlight | Interview with Andrew Cornell, Associate Editor for Financial Services at Capital Brief". www.medianet.com.au. Retrieved 2024-02-27.
  13. ↑ "Newsletters". Capital Brief. Retrieved 9 January 2024.
  14. ↑ "Kal Jamshidi on LinkedIn: It started as a COVID side project". LinkedIn. Retrieved 9 January 2024.
  15. ↑ "☕️ Rates expectations". Letter of Intent.
  16. ↑ Burrowes, Tim (2024-02-25). "'I love to prove the naysayers wrong': Scire founder Chris Janz on launching a subs-led business publishing challenger". www.unmade.media. Retrieved 2024-02-27.
  17. ↑ "Perspective - First party data emerging as the new oil in digital advertising - AdNews". www.adnews.com.au. Retrieved 2024-02-27.
  18. ↑ "'No personal data': Chasing audience scale, ad exchanges, big tech targeting is publisher folly as media trust plummets, says Scire's Chris Janz, Guardian's Dan Stinton; No-tracking, contextual ads next growth wave | Mi3". www.mi-3.com.au. Retrieved 2024-02-27.
  19. ↑ "Australian site learns from new generation of U.S. news startups". International News Media Association (INMA). Retrieved 2024-03-07.
  20. ↑ "AAP partners with new startup Capital Brief". Australian Associated Press. Retrieved 2024-02-27.
  21. ↑ "Chris Janz's Scire reveals its first title - AdNews". AdNews. Retrieved 9 January 2024.
  22. ↑ Media Mavericks Unleashed: Redefining Digital News | Straight Talk Podcast | Mark Bouris , retrieved 2024-02-27
  23. ↑ "Former Fairfax executives score VC backing for mystery start-up". Australian Financial Review. 2023-02-03. Retrieved 2024-02-27.
  24. ↑ Madden, James (2023-06-26). "Ex-Nine execs Chris Janz and David Eisman aim to fill news 'void' with business website". The Australian.
  25. ↑ Jaspan, Calum (2023-03-20). "Former Nine/Fairfax execs to launch VC-backed subscription news business Scire". Mumbrella. Retrieved 2024-02-27.
  26. ↑ "Chris Janz building a news subscription venture - AdNews". www.adnews.com.au. Retrieved 2024-02-27.
  27. ↑ Mediaweek (2023-03-26). "Former Nine execs Chris Janz and David Eisman reveal plans to launch a new business publication". Mediaweek. Retrieved 2024-02-27.
  28. ↑ Burrowes, Tim (2021-07-12). "How Chris Janz's Blue Team saved The Age and The SMH". Mumbrella. Retrieved 2024-02-27.
  29. ↑ "Our companies". Shearwater Capital. Retrieved 9 January 2024.
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