TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Newsfeed

Morning Media Newsfeed: Murray Named Fortune Editor | Gunshots Fired at AJ Bureau

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Alan Murray Named Editor of Fortune (FishbowlNY)
Alan Murray has been named the new editor of Fortune. He will be just the 17th editor of the glossy, which was founded in 1930 by the legendary Henry Luce. TVNewser Murray joins the Time Inc. publication following a short stint as president of the Pew Research Center. Murray was CNBC’s Washington bureau chief from 2002 to 2005, where he co-hosted Capital Report With Alan Murray And Gloria Borger. Borger is now with CNN. FishbowlDC Murray joined Pew as president in November 2012. In addition to WSJ bureau chief, he served as deputy managing editor and executive editor of online for the Wall Street Journal. Capital New York Murray replaces longtime Fortune editor Andy Serwer, who is leaving Time Inc. after 29 years. Serwer spent eight years running Fortune, which is one of the company’s most prominent brands along with Time, Sports Illustrated, People and Entertainment Weekly. HuffPost Murray will remain at Pew until Aug. 1. He said that Jim McMillan, general counsel and corporate secretary at the Pew Charitable Trusts, will then take over as “acting president” while the company searches for a new leader.

Read more

Mediabistro Course

Freelancing 101

Freelancing 101Starting August 18, learn how to manage a top-notch freelancing career in our online boot camp, Freelancing 101! Through a series of weeklong webcasts, you'll hear from freelancing experts who will teach you the best practices for a solid freelancing career, from the first steps of self-advertising and marketing, to building your schedule and securing new clients. Register now! 

Morning Media Newsfeed: Time Warner Plays Defense | Netflix Hits 50 Million Subscribers

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Time Warner Cancels Shareholders’ Ability to Call Special Board Meeting, Guards Against Fox Acquisition (NYT / DealBook)
Time Warner is playing defense. On Monday, the company amended its corporate bylaws and removed a provision that allowed shareholders to call a special board meeting. In a filing with the Securities and Exchange Commission, Time Warner said the change was effective immediately. Variety The media company’s board approved a measure to temporarily prevent a fraction of shareholders, some 15 percent, from forcing a vote on 21st Century Fox’s $85 per-share offer, according to public filings. The so-called special meeting provision may be re-instated at the company’s 2015 shareholders meeting. Deadline Hollywood The fear was that Rupert Murdoch — or anyone — could have tried to stampede short-term investors into accepting a deal even if the board concluded that it would not serve their long-term interests. Time Warner shares were down 1.6 percent in post-market trading following disclosure of the change. THR Murdoch’s 21st Century Fox has bid about $80 billion to acquire Time Warner, but Time Warner’s board and CEO Jeffrey Bewkes have rejected the proposal. Some analysts predict that 21st Century Fox will eventually offer $100 a share for Time Warner. The conglomerate’s stock has climbed 23 percent in the past week on such speculation, and Monday it closed at $87.36. TVNewser People familiar with the original $80 billion proposal that was rejected said if 21st Century Fox took over Time Warner, it would sell CNN to prevent antitrust issues stemming from Fox News and CNN’s direct competitor relationship.

Read more

Morning Media Newsfeed: Forbes Sells Majority Stake | Kindle Unlimited Unveiled

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Forbes Media Sells Majority Stake to Hong Kong Investor Group (FishbowlNY)
In the past six years, Forbes has expanded its international publishing reach from nine licensed local editions to 36. Content is now consumed in 63 countries, in 21 different languages. Friday, the company solidified its international reach with the announcement that a majority stake has been sold to a group of Asian investors. NYT / DealBook The terms were not disclosed, but the transaction values Forbes Media at $475 million, said a person close to the deal. Forbes’ new controlling shareholders will be Integrated Whale Media Investments, a group that includes the Hong Kong investor Tak Cheung Yam and Wayne Hsieh, the Singaporean co-founder of AsusTek Computer. Forbes The Forbes family will retain a significant ownership stake, will stay actively involved in Forbes Media and will work with the investor group to further increase market share of the existing Forbes Media product lines in media, digital, technology, as well as brand extensions. Upon closing, Elevation Partners will fully exit its investment in Forbes Media. Mashable In a statement, the family and its new majority owners framed the deal as a way to ensure Forbes‘ brand and journalistic operations continue to expand. “Our partners respect our brand and values, and support our longstanding mission of championing entrepreneurship and free market capitalism through quality, independent business journalism,” Steve Forbes said in a statement. Capital New York Forbes Media will remain headquartered in the U.S., and there will be no change at the top — Steve Forbes will continue as chairman and editor-in-chief, and Mike Perlis will remain CEO. The company reported that it made a profit in 2013; the company projected a revenue of $144.6 million for the year, according to a report.

Read more

Morning Media Newsfeed: Microsoft to Cut 18,000 Jobs | Aereo Faces Setback

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Microsoft to Lay Off 18,000 Workers, Largest Cuts in History (SocialTimes)
Over the next year, Microsoft is eliminating 18,000 jobs, or as much as 14 percent of its workforce. CEO Satya Nadella wrote a public email to company employees on Thursday saying “every team across Microsoft must find ways to simplify and move faster, more efficiently.” He said that he would give more details on Tuesday, when Microsoft reports its fiscal 2014 results. Deadline Hollywood The layoffs will hit hardest at the Nokia Devices and Services phone handset business, acquired in April. “We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six months,” Nadella said in the email Thursday. Microsoft expects the restructuring to result in as much as $1.6 billion in pre-tax charges over the next four quarters. That will include as much as $800 million for severance and related benefit costs, and up to $800 million in asset-related charges. Variety Microsoft is also getting out of developing original series for its Xbox gaming platform and will close Xbox Entertainment Studios in the coming months. Xbox chief Phil Spencer announced Xbox Entertainment Studios will shutter and that some projects in development and production, including a live-action Halo series, will still be produced. New York Post / Reuters The studio, set up in 2012 under then-CEO Steve Ballmer, said in April it had committed to several projects including Humans, a drama co-produced with U.K. broadcaster Channel 4, and Halo. NYT While Microsoft still makes profits that executives at other companies would be ecstatic to have, it has been beaten on the biggest new trends in tech, including mobile, Internet search and cloud computing. As a result, it is regularly left out of conversations about companies defining the next generation of technology, outflanked and overshadowed by companies like Apple, Google, Facebook and Amazon.

Read more

Morning Media Newsfeed: News Crews Witness Airstrike | Time Warner Stock Surges

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

NBC News Crew Witnesses Gaza Airstrike (TVNewser)
NBC News correspondent Ayman Mohyeldin and his crew witnessed an Israeli airstrike that killed four children at a port in Gaza Wednesday. Mohyeldin, who was also caught in the crossfire as Israeli soldiers fired rubber bullets on crowds in East Jerusalem earlier this month, called in to the West Coast edition of Today to describe what he saw, saying it was “a chaotic scene.” TVNewser Hours later, it was chief foreign correspondent Richard Engel who reported the story for Nightly News. FishbowlDC On Wednesday afternoon’s The Lead With Jake Tapper, the CNN host spoke over the phone with the Wall Street Journal’s Middle East correspondent Nick Casey for what proved to be a very intense interview. Casey was located near where the strike took place. Mashable The four children were killed by Israeli airstrikes that hit in close proximity to al-Deira Hotel, a Gaza City hotel full of foreign journalists. The attack came at around 4 p.m. local time and appeared to be the result of a naval shell. At least two additional children were injured, according to local reports. THR The BBC has defended its coverage of the latest Israeli air strikes in Gaza among accusations that the British public broadcaster is too pro-Israeli in its reporting on the region’s escalating conflict. The conflict has been the subject of extensive BBC news coverage, but a prominent pro-Palestine group claims the broadcaster’s programs have been systematically “entirely devoid of context or background.” The Palestine Solidarity Campaign posted an online open letter to BBC director general Tony Hall criticizing the broadcaster for not illustrating what it considers key aspects of the conflict.

Read more

Morning Media Newsfeed: Vargas Detained, Released | Abramson Books Two Interviews

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Jose Antonio Vargas Released From Federal Custody in Texas (TVNewser)
Jose Antonio Vargas, the Pulitzer Prize-winning journalist who was the focus of the recent CNN documentary Documented, was released from the custody of U.S. Border Patrol agents Tuesday evening. FishbowlDC Vargas was detained in McAllen, Texas Tuesday, days after speculating that he may be stuck in the border town. On Friday, Vargas wrote an essay for Politico, where he described his visit to a children’s shelter for Central American refugees. FishbowlNY Vargas was leaving the town to go to a screening of his film in Los Angeles when he was arrested. He was brought to a border patrol station for questioning. Supporters and members of the media gathered across the street, and were warned that if they approached the station any closer, they would also be arrested. HuffPost Vargas flew to the border last week to interview and film undocumented immigrants who have fled their home countries in Central America due to escalating violence. A TSA agent at the McAllen-Miller Airport initially cleared Vargas’ Philippines-issued passport when he attempted to board a flight Tuesday morning. He was placed into custody soon after, however, when he couldn’t produce a U.S. visa at the request of a border patrol agent. Politico / Dylan Byers on Media Vargas, who won a Pulitzer as part of a Washington Post team in 2008, has become an outspoken advocate for undocumented immigrants after “coming out” as undocumented in a New York Times story in 2011.

Read more

Morning Media Newsfeed: World Cup Sets Ratings Records | Plotz Resigns From Slate

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

World Cup Shatters Facebook Engagement Records (LostRemote)
The World Cup set single-event Facebook engagement records within the tournament’s first week. Now, with the tournament over, it is official: the 2014 World Cup is the most talked-about event in Facebook history. From June 12-July 13, 350 million people generated 3 billion World Cup-related interactions. AllFacebook These numbers make the 2014 World Cup the most-talked-about sporting event in the social network’s history. The tournament’s final match, which resulted in 280 million interactions from 88 million users, was the top sporting event in Facebook’s history. Capital New York All told, 26.5 million people watched the match Sunday via either ABC or Univision, making it the most-watched men’s World Cup final ever. ABC drew an average of 17.3 million viewers according to Nielsen Fast National ratings, the best numbers ever for a World Cup final, and the third best for any World Cup game. The two games that beat it were U.S.-Portugal from earlier in this year’s tournament (18.2 million viewers), and the 1999 Women’s final between the U.S. and China (17.9 million viewers). Deadline Hollywood Both ABC/ESPN and Univision had their best World Cup ever this year, with ESPN/ABC up 39 percent in viewership over the 2010 World Cup and up 96 percent over the 2006 World Cup. Over the 64 games of this year’s tournament, Univision was up 34 percent from its total audience from 2010. Variety The combined 26.5 million for Germany’s 1-0 victory is a larger audience than the deciding game for the most recent World Series on Fox (19.2 million) and NBA Finals on ABC (18.0 million), and also tops the BCS Championship game in college football on ESPN in January (25.6 million).

Read more

Morning Media Newsfeed: SI Scores LeBron James Scoop | The View Considers Cupp

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

LeBron James Announces Cleveland Return Via Sports Illustrated (FishbowlNY)
Everyone in the sporting world — and many others outside of it — were awaiting word on where LeBron James would play next season, and Sports Illustrated got the scoop Friday. In an article by James (as told to SI’s Lee Jenkins), James explained his reasons for returning to Cleveland to play for the Cavs. LostRemote After the story went up, James posted on Instagram a photo of himself with the caption “I’m Coming Home.” #GoodforLebron and #Cleveland also started trending on Twitter quickly. TVSpy Cleveland CBS affiliate WOIO reported the news at 12:25 p.m. Friday, just after James’ announcement was posted to SI.com. “The newsroom is abuzz right now,” Paul Orlousky said. The station remained in coverage through the 1 p.m. hour. PRNewser Jenkins reportedly helped James write the essay Thursday night, and the mag didn’t let any of its advertisers know about what will almost surely be the biggest traffic driver in recent history. HuffPost “My relationship with Northeast Ohio is bigger than basketball,” James told Jenkins. “I didn’t realize that four years ago. I do now.” James, an Akron, Ohio native, was selected by the Cavs with the No. 1 overall pick in the 2003 NBA Draft. After reaching the NBA Finals just once in those seven seasons, James infamously announced that he would be joining the Miami Heat in July 2010 during a televised interview dubbed “The Decision.” Both James’ choice of team and his choice of venue for the announcement led to a virulent backlash in Ohio that included fans burning his jersey and a public repudiation from Cavaliers owner Dan Gilbert.

Read more

Morning Media Newsfeed: O’Donnell’s Return Official | Emmy Noms Favor CNN, Social TV

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

rosie o'donnell the view

Rosie O’Donnell Officially Returning to The View (TVNewser)
Rosie O’Donnell is returning to The View as a co-host in the fall, ABC confirmed via Twitter Thursday. Variety O’Donnell will join moderator Whoopi Goldberg. ABC execs are in the midst of a extensive search for new producers to take the reins of The View as the show prepares to replace panelists Sherri Shepherd and Jenny McCarthy, who recently exited the daytime program. THR / The Live Feed O’Donnell, who was a panelist on The View for the 2007-2008 season, left after just one year. O’Donnell had a notably stormy tenure on the show, often fighting with conservative panelist Elisabeth Hasselbeck, who suggested on Fox News on Wednesday that O’Donnell had been plotting her return to the show for “a very, very long time.” HuffPost TMZ reported Tuesday that the former co-host would be returning, claiming that O’Donnell had been in “active talks” with the show. This will be ABC’s first move to put back the pieces after the major overhaul that left Whoopi Goldberg as the show’s only remaining co-host. In June, Shepherd and McCarthy announced that they would be leaving, and ABC implied in a statement that their departures were not voluntary. Barbara Walters, the show’s creator, retired in May and Joy Behar and Hasselbeck both exited the show in 2013. NYT O’Donnell’s name immediately arose as most likely to be the first-named replacement. Her outspoken and often politically oriented commentary helped spark a surge in the show’s ratings. A committed liberal with strong views on numerous topics, she also got into some widely publicized feuds, with Donald Trump and others.

Read more

Morning Media Newsfeed: Aereo Plans Survival | Dish Makes Anti-Merger Case to FCC

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Aereo Signals Path to Survival if Classified as Cable System (WSJ)
Aereo Inc., the online video company that was widely expected to go out of business after losing a high-stakes Supreme Court case in June, signaled Wednesday that it sees a path to survival if it is classified in legal terms as a cable system. Mashable Aereo lost its case before the U.S. Supreme Court because a majority of the justices said its resemblance to a cable company meant it had violated copyright laws. Re/code The video streaming company told a U.S. district court in New York Wednesday it now thinks it’s entitled to be licensed as a cable system because of the Supreme Court’s decision. That would allow the company to stay alive although it would have to pay licensing fees in addition to costs to restart its stalled business. Aereo allowed consumers to watch local TV channels over the Internet for a monthly fee of up to $12 until shutting down its service a few weeks ago after the Supreme Court sided with broadcasters. Capital New York The broadcasters responded with their own argument, calling Aereo’s decision “astonishing.” “Whatever Aereo may say about its rationale for raising it now, it is astonishing for Aereo to contend the Supreme Court’s decision automatically transformed Aereo into a ‘cable system’ under Section 111 given its prior statements to this Court and the Supreme Court,” lawyers for the broadcasters wrote. Deadline Hollywood At issue is whether the District Court will lift a stay that allowed Aereo to remain in business while the case made its way to the Supreme Court. Broadcasters want it lifted so they can collect damages from Aereo’s infringement of their copyrights — a two-year period during which they say they “suffered irreparable harm.” Aereo faces additional hurdles even if the District Court agrees with its view. The FCC also might have to agree to define Aereo as a cable operator for it to qualify for the compulsory license — and it would have to be granted by the U.S. Copyright Office.

Read more

NEXT PAGE >>