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Morning Media Newsfeed: ESPN Lays Off Hundreds | Tumblr Employee Payday | More Gov’t Snooping

James Crugnale — Wed, 22 May 2013 05:32:55 +0000

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Sources: ESPN Laying Off Hundreds (Deadspin)
ESPN laid off a portion of its staff Tuesday, a network spokesman confirmed to us. How many? ESPN won’t say. A tipster told us earlier that it would be more than 400 staffers. A source at ESPN said that number is a little high, but it appears to be in the hundreds. FishbowlNY An ESPN spokesperson emailed to tell us that they hadn’t cut 400 staffers. When we asked how many were let go, “We’re not getting into particulars but it is fewer than 400″ was all we got back. USA Today / Big Lead Sports According to an ESPN source, the layoffs will come mostly, but “not exclusively,” from tech and sales departments (think regional offices: Denver, Las Vegas, Seattle). ESPN is reviewing its entire studio production department over the next three-to-four weeks, which is about 2,800 employees. It is possible some shows will be cut. These layoffs are part of a Disney-wide process. THR News of layoffs comes less than two weeks after Disney’s media networks segment rose 6 percent to $4.96 billion, with operating income up 8 percent to $1.86 billion. One of the company’s most consistently lucrative properties, ESPN has enjoyed increased affiliate revenue in 2013.

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Morning Media Newsfeed: DOJ Targeted Fox News | Voice Writers Quit | Karp Nets $250 Million

James Crugnale — Tue, 21 May 2013 05:51:04 +0000

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Fox News: ‘We Will Unequivocally Defend’ Rosen Against ‘Chilling’ DOJ Investigation (TVNewser)
Fox News executive VP of news Michael Clemente released the following statement on Monday to TVNewser with regard to James Rosen being targeted by the Department of Justice: “We are outraged to learn [Monday] that James Rosen was named a criminal co-conspirator for simply doing his job as a reporter. In fact, it is downright chilling. We will unequivocally defend his right to operate as a member of what up until now has always been a free press.” FishbowlNY According to court documents, the DOJ used Rosen’s Justice Department security badge to watch when he came and went from the State Department, acquired a search warrant for his personal emails, and monitored his phone calls with a government advisor suspected of leaking intelligence. The New Yorker / News Desk Rosen was not charged with any crime, but it is unprecedented for the government, in an official court document, to accuse a reporter of breaking the law for conducting the routine business of reporting on government secrets. TVNewser The AP made waves last week after it was revealed that the DOJ targeted the personal and professional phone lines of hundreds of journalists in an apparent attempt to determine who leaked information. Slate They’re going after him not as a witness to a crime — nor as a pressure tactic to get him to give up his source (in this case, the source has already been caught) — but rather, in the words of a Justice Department affidavit, as “an aider, an abettor, and/or a co-conspirator.” In short, as someone who might be indicted under the Espionage Act. This has never happened in this country. (Even in the Pentagon Papers case, several newspapers were served injunctions not to publish stories, but no reporter or editor was ever investigated, much less tried, as a co-conspirator.) If the prosecutors go through with their threat, the entire enterprise of national security journalism — which inherently involves uncovering secrets, to some degree — will be in jeopardy. Politico / Politico 44 White House press secretary Jay Carney wouldn’t comment Monday on the ongoing national security leaks case involving Rosen, after a weekend news report detailing the Justice Department’s surveillance of him. “I can’t comment on an ongoing criminal investigation, nor should I,” Carney said in response to one of several questions on the case, offering a similar answer each time.

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Morning Media Newsfeed: Yahoo! Buying Tumblr | Village Voice Layoffs | Karl Regrets Report

James Crugnale — Mon, 20 May 2013 06:49:02 +0000

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Yahoo! Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected (AllThingsD)
The Yahoo! board has approved a massive $1.1 billion all-cash deal to buy Tumblr. It’s not clear when the official vote was taken, but sources close to the board said the acquisition was a foregone conclusion and was unanimously approved by the directors of the Silicon Valley Internet giant. The deal will likely be announced Monday morning, said numerous sources. Business Insider Marissa Mayer has made her first big move as CEO of Yahoo!. She’s buying a social networking site with a younger audience and a ton of page views. Now it’s time to monetize the thing. Tumblr has just $13 million in revenue right now. It should be able to increase that revenue following the model of Twitter and Facebook. BuzzFeed When Yahoo! was founded, Tumblr’s most important demographic wasn’t even born. This — not profit or monthly active user numbers or corporate image-making — is what explains why Yahoo! wants Tumblr. GigaOM The painful fact is that Yahoo! doesn’t just look desperate — in many ways it is desperate. Mayer has made some changes since she took over the ailing former Web portal, including the acquisition of Summly and a number of other mobile-focused startups and services, but the company still needs to make some aggressive moves if it is going to jump-start any growth at all. AllThingsD If you write about Tumblr as a business, you are required to note that Tumblr has a lot of porn. So why isn’t that an issue for Yahoo!?

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Morning Media Newsfeed: Yahoo! Eyes Tumblr | Post Buys Out Veterans | Miami Herald Moves

James Crugnale — Fri, 17 May 2013 05:40:15 +0000

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Yahoo! in Talks to Acquire Tumblr: Deal Could Reach As High As $1 Billion (Adweek)
Is Marissa Mayer about to make a game-changing acquisition? It appears so. Yahoo! is in serious talks with Tumblr to acquire the social blogging site, according to multiple sources familiar with the talks. While its revenue is modest, Tumblr has positioned itself as one of the few players in the digital ad world that is well-suited for brand advertising. And Tumblr is also the domain of the young, cool and creative crowd — not currently a Yahoo! sweet spot. AllThingsD Earlier this week, Yahoo! CFO Ken Goldman spoke at JPMorgan’s Global Technology conference and underscored the need for the aging Silicon Valley Internet giant to attract more users from the coveted 18-to-24-years-old age bracket. Along with more marketing, he explicitly said Yahoo! needed to be “cool again.” The Verge Since taking control of Yahoo!, Mayer has pursued a string of acquisitions, including Summly, Astrid, Jybe and others. In addition to the failed Dailymotion acquisition, the company has also been rumored to be looking at Hulu, although Mayer has previously said that the company is shopping for smaller targets valued in the $100 million range.

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Yahoo! Layoffs: The Gift That Keeps On Giving

Dan Cox — Tue, 16 Dec 2008 09:13:16 +0000

Just a few days after its draconian layoffs, Yahoo! is still feeling the pinch of an angry mob that was p-o’d at being dumped.

The result has been a boon for Valleywag.com, which posted some of the more interesting behind-the-scenes stories among the layoffs.

Best item: Jerry Yang, Yahoo! CEO lined his house with Kevlar before he chopped the legs out from 1,500 workers.

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Not Too Many Saying Yahoo! To Yahoo!: Layoffs Started Today

Dan Cox — Wed, 10 Dec 2008 16:15:42 +0000

Yahoo! in California went through with its quasi-announced layoffs today.

Hundreds of people were shown the door by security guards (1,500 throughout the state; 200 in L.A.), complete with Christmas gifts in their arms and tears in their eyes.

Generally, even though they were being laid off and truly pissed off at Yahoo! management including CEO Jerry Yang, employees were ultra-reluctant to talk to the media.

But a few juicy notations showed up on Twitter. To wit:

Much crying and gasping (as people find out the next person is gone) and many hugs and “good lucks”s about 6 hours ago from web

I got an email which said simply “I need to talk to you about changes to the organization” – for 10:45 am in a conf room about 6 hours ago from web

Many mgrs and jr mgrs gone — top performers, too about 6 hours ago from web

Count now is way over 25 about 6 hours ago from web

My manager got laid off and so did i, just now — and at least two others on my team about 6 hours ago from web

Got off elevator, saw coworker, w/backpack, wlking 2 conf rm w/ mgr. they started promptly. people on floor exchanging xmas gifts about 7 hours ago from web

Not pitiful. Just sad.

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LAT In 90 Seconds

Greg — Tue, 16 Sep 2008 10:43:12 +0000

Driven: Bob Pool is surprised to learn that there are cab drivers in Burbank with hybrid cars. We are surprised to learn that there are cab drivers in Burbank.

Google Monde? The European Union is reviewing the Yahoo-Google deal for antitrust implications there, “adding to recent public criticism from major U.S. advertisers and a worldwide association of newspapers.” (photo stolen from here.)

Forget TV. What’s On IMDB: Dawn Chmielewski hips us to the fact that IMDB is now in the broadcast business. Kinda. The site “started offering more than 6,000 feature films and television episodes for free viewing online.”

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Disney-ABC Adds Three Execs to Digital Media

Greg — Tue, 09 Sep 2008 10:54:12 +0000

The good people at Disney sent over this press release, touting their poaching of Karin Timpone and Lauren DeVillier (pictured here) from Yahoo! and Beth Johnson from BRAVO to come work here in L.A.

Congratulations, ladies!

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LAT In 90 Seconds

Greg — Fri, 13 Jun 2008 10:21:47 +0000

Coolest Story of the Day: In Myanmar, an unnamed LAT reporter is working in secret to cover the devastation the government is trying to hide in the wake of Cyclone Nargis. Leave the debate over whether reporters should go undercover to your eggheaded J-school profs. This is great reading.

Google the Term “Anti-Trust”: After Microsoft Corp. and Yahoo! ended nearly five months of merger and partnership talks that threatened Google, Yahoo turned around and struck an online advertising alliance with Google. Need help figuring this out? Ask Jeeves.

Mirror, Mirror: Mainstream media stalwart, LAT, published this headline today: “Mainstream media not jumping on the political rumor bandwagon.” The LAT pat on the back was a nice way of congratulating itself for not spreading that rumor about Michelle Obama railing against “whitey.” Forget for a moment, that this James Rainey piece might be the first time any of the LAT readers have heard about the rumor.

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Jason Wang Joins Razorfish

Greg — Thu, 12 Jun 2008 09:35:04 +0000

Former speakTECH tech strategist Jason Wang has joined the Marketing firm of Avenue A/Razorfish, which (according to their press release) “counsels its clients on how to leverage digital channels such as the Web, mobile devices, in-store technologies — and other emerging media — to engage people, build brand loyalty and provide excellent customer service.

As evidenced, of course, by the fact that we’re writing about Jason Wang.

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Wenda Harris Millard Exits Yahoo for MSLO

Kate — Mon, 25 Jun 2007 07:26:58 +0000

Yahoo! loses another–Wenda Harris Millard resigned to join Martha Stewart Living Omnimedia as president of media. Millard will be charge of all MSLO’s media businesses, which include publishing, Internet and broadcasting.

Millard had been with Yahoo for 6 years, and her departure comes in the wake of a reorganization of their ad sales departments.

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LAT Finds Its “Missing Ingredient”

Greg — Thu, 31 May 2007 13:28:20 +0000

And just what was that missing ingredient? Another chef.

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LAT in 90 Seconds

Greg — Mon, 16 Apr 2007 09:00:25 +0000

Stealing Its Own Thunder: So much for understanding the media. CBS Corp. announced its “rapid evolution from an old-media titan into a powerful Internet player” with a “Rolling Thunder,” a new online network that will partner with Microsoft, Comcast and Yahoo. They thought the news was all anyone would talk about. Then they fired Imus.

Newest Trend Story: Be on the lookout for more “Big Water” stories. They’ll be everywhere. They’ll be important. And no one will read them.

We’ve Come A Long Way, Not: Fewer women are trying to break into to stand-up comedy these days. Down to two from a high of three in the 80s.

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