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Nekesa Mumbi Moody has been named editorial director of The Hollywood Reporter, joining the publication after more than two decades with the Associated Press, most recently as its global entertainment and lifestyles editor.

Why it matters: She replaces Matthew Belloni, who exited following reported disputes with the publication's owners over its editorial coverage.

  • "I think that Matthew left a great brand and had done incredible work," Moody said in an exclusive interview with Axios. "I'm excited to build on that and I'm excited to get to know amazing journalists at The Hollywood Reporter."
  • She hopes to bring a global perspective to the publication and double down on coverage of the cultural changes happening in Hollywood around topics like diversity and #MeToo.
  • She spent more than two decades with the AP — starting out as an intern in Albany, N.Y., before becoming a national editor and music writer and editor.

The big picture: After Belloni's exit, The Daily Beast reported that emails from senior executives at Valence Media, THR's parent company, appeared to pressure the publication's reporting.

  • According to a Valence spokesperson, the emails forwarded to The Daily Beast lacked context.
  • Variety has also reported that Belloni stepped down after being pressured to provide "a heads up about stories that negatively impact [Valence's] business interests."

Moody says she hasn't experienced anything like that so far. "The conversations I've had have been about great journalism," she said. "That's been the focus and it's been the focus on how to take the company forward. I haven't had any conversation about restricting anything."

  • She pointed out the company's relationship with Poynter Institute, a non-profit journalism school and research organization. "I think it speaks volumes to the company's commitment to independent journalism."

The state of play: She takes the helm at a time when Hollywood is experiencing an unprecedented upheaval. "What's happening after and during the pandemic is the biggest story in Hollywood right now. It's the biggest thing happening in the entire world," she said.

  • "The most important thing right now is the change happening daily. ... We don't know what's going to happen to movie theaters, or other things within the industry as far as shows coming back, schedules and so forth."
  • "There are so many things changing. Hollywood was already going through a lot between the rise of streaming and challenges to traditional formats."

Between the lines: THR hasn't been immune to the challenges facing the media industry during the coronavirus crisis.

  • Earlier this month, Valence laid off 30% of the employees within its editorial division — about 100 people.
  • THR said at the time that it expected to publish slightly less frequently than usual throughout the pandemic.
  • In response to the cuts, Moody says her focus is on "how do we build and how to we grow with what we have and what we have is something really, truly great."

What's next: Moody starts June 15.

  • She is currently based in New York, but will move to THR's headquarters in Los Angeles to lead the team.

Go deeper

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16 mins ago - Economy & Business

Private equity's other tax fight

Illustration: Rae Cook/Axios

Private equity is carefully watching the D.C. debate on corporate taxes, in which Senate Democrats seem to be settling on a 25% rate.

Zoom in: Marginal rates obviously matter, but for PE it's just an appetizer before the weedier work begins on issues like corporate interest deductibility.

Making sense of Biden's big emissions promise

Illustration: Sarah Grillo/Axios

President Biden's new U.S. emissions-cutting target is a sign of White House ambition and a number that distills the tough political and policy maneuvers needed to realize those aims.

Driving the news: This morning the White House unveiled a nonbinding goal under the Paris Agreement that calls for cutting U.S. greenhouse gas emissions by 50%-52% by 2030 relative to 2005 levels.

Biden pledges to cut greenhouse gas emissions by up to 52% by 2030

U.S. President Joe Biden seen in the Oval Office on April 15. (Photo by Doug Mills-Pool/Getty Images)

The Biden administration is moving to address global warming by setting a new, economy-wide greenhouse gas emissions reduction target of 50% to 52% below 2005 levels by 2030.

Why it matters: The new, non-binding target is about twice as ambitious as the previous U.S. target of a 26% to 28% cut by 2025, which was set during the Obama administration. White House officials described the goal as ambitious but achievable during a call with reporters Tuesday night.