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Photo credit: Emma Howells for Charter

Quartz co-founders Kevin Delaney and Jay Lauf, along with New York Times veteran Erin Grau, are launching a new media and services company called "Charter" that is centered around the future of work, the founders told Axios.

Why it matters: "There are other media companies that write about this topic — some occasionally and some more frequently, but it's one topic among many things that they do," Delaney said. "This is a driving focus for us."

Details: The company, which for now is self-funded, will have three main revenue streams: sponsorships, subscriptions and services, Delaney and Grau told Axios.

  • Until this point, Charter has been slowly launching products under the moniker "Reset Work," named after Delaney's newsletter, which he started late last year. "Renaming the company reflects our bigger ambitions," Delaney said.
  • The free newsletter, which has 20,000 subscribers, tracks trends and provides analysis on workplace issues pegged to the pandemic and its recovery.
  • The team has already sold sponsorships around the newsletter over the past few months to companies like Goldman Sachs and Citrix.

What's happening: On Tuesday, the company will officially announce its new name and mission at its inaugural summit about the return to work, sponsored by McKinsey & Company, TIME and EgonZehnder.

  • In the coming months, it will launch more events for return-to-work experts to discuss and plan for the post-pandemic months ahead.
  • The company has already started building out some of the services it plans to offer companies to help them navigate the future of work, including a new online course and digital certificate on hybrid work management that it's co-created with Nomadic, a B2B training company.
  • It currently has eight employees who for now who are all working remotely. In the future, the plan is to develop a hybrid work model as the outlet expands. Its main office will be in New York City.

The big picture: The future of work has long been a hot topic for media companies like the New York Times, the Wall Street Journal, and Bloomberg, especially in the conferences space. Dozens of others have pushed to cover work more aggressively with special briefings and newsletters amid the pandemic.

Be smart: Charter hopes to differentiate itself from other companies focusing on work by providing services in addition to content, and working with partners in a consultative manner. Courses are the first product under that business line.

  • "Organizations we work with should have better retention rate and employee engagement," Grau said. "They should be navigating this moment better."

What to watch: The company plans to introduce a subscription service later this summer.

Go deeper

Sep 28, 2021 - Economy & Business

Scoop: Group Nine expects profitability on $200M+ revenue

Photo: Brian Ach/Getty Images for TechCrunch

Group Nine Media told staff in a company-wide meeting last week that the company expects to be profitable this year, according to a source who was on the virtual town hall video call.

Why it matters: It's the first time in the company's five-year history that it has acknowledged it will be profitable.

Updated 6 hours ago - Politics & Policy

Omicron dashboard

Illustration: Brendan Lynch/Axios

  1. Health: Pfizer and Moderna boosters overwhelmingly prevent Omicron hospitalizations, CDC finds — Omicron pushes COVID deaths toward 2,000 per day — The pandemic-proof health care giant.
  2. Vaccines: The case for Operation Warp Speed 2.0 — Starbucks drops worker vaccine or test requirement after SCOTUS ruling — Kids' COVID vaccination rates are particularly low in rural America.
  3. Politics: Biden concedes U.S. should have done more testing — Arizona says it "will not be intimidated" by Biden on anti-mask school policies — Federal judge blocks Biden's vaccine mandate for federal workers.
  4. World: American Airlines flight to London forced to turn around over mask dispute — WHO: COVID health emergency could end this year — Greece imposes vaccine mandate for people 60 and older — Austria approves COVID vaccine mandate for adults.
  5. Variant tracker

Arizona governor sues Biden administration over COVID funds tied to mandates

A teacher prepares a hallway barrier to help students maintain social distancing at John B. Wright Elementary School in Tucson, Arizona, on Aug. 14, 2020. Photo: Cheney Orr/Bloomberg via Getty Images

Arizona Gov. Doug Ducey (R) filed a lawsuit Friday against the Biden administration for ordering the state to stop allocating federal COVID relief funds to schools that don't comply with public health recommendations such as masking, the Arizona Republic reports.

Why it matters: The Treasury Department said last week that the state would have to pay back the money if Ducey does not redesignate the $173 million programs to ensure they don't "undermine efforts to stop the spread of COVID-19."