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

Morning Media Newsfeed: Sky Deutschland Slows Takeover | Vidra Named CEO of TNR

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

Sky Deutschland: BSkyB Takeover Offer Too Low (THR)
BSkyB’s plans to build a European pay-TV empire hit some opposition on Wednesday. The supervisory and executive boards of 21st Century Fox-controlled German pay TV operator Sky Deutschland advised minority investors not to accept a multi-billion dollar takeover offer from BSkyB. NYT / DealBook The move comes after BSkyB, which is 39 percent owned by 21st Century Fox, agreed in July to acquire the 57 percent of Sky Deutschland that is owned by 21st Century Fox, for £2.9 billion, or $4.7 billion. As part of the deal, BSkyB, one of Europe’s largest pay-television providers, also offered to buy the shares of Sky Deutschland’s minority shareholders for €6.75, or $8.75, each, a small premium on the company’s current share price. Reuters But with only a small premium on the table, analysts have doubted that many will sell. Sky Deutschland would thus retain its stock market listing and BSkyB has not indicated any desire to squeeze out minority shareholders above and beyond the offer which it has set out. Management of the German company, advised by Bank of America Merrill Lynch, on Wednesday argued the offer fell short of its true value. WSJ On issuing its recommendation to minority holders on Wednesday, Sky Deutschland said its chief executive Brian Sullivan, the only executive board member holding shares, wouldn’t participate in the offer, which runs until Oct. 15. Two supervisory board members holding shares also don’t intend to accept the offer, the company said in a statement. Financial Times BSkyB has argued that it can implement its vision for Sky Europe, regardless of how many minorities tender their shares. Buying all minorities’ shares — 43 percent of the company — would cost the U.K. operator £2.1 billion, further increasing its leverage. The company raised £3.25 billion this month to help finance the acquisition of 21st Century Fox’s stakes in Sky Deutschland and Sky Italia. BSkyB said it welcomed Sky Deutschland’s “supportive comments on the strategic rationale for the transaction.” BSkyB shareholders are due to vote on the European deal on Oct. 6.

Read more

Ed Rollins, Norah O’Donnell and New England’s Next Late Night Star

LunchAtMichaelsThe mood was downright festive at Michael’s today as the usual suspects celebrated various milestones between bites of their Cobb salads. On Table One, Politico Ed Rollins and his wife, Shari Rollins, toasted Ed’s good health and the close-knit circle of good friends who stuck by the couple’s side during Ed’s heath issues last year. Nearby, best-selling author Linda Fairstein donned a bridal veil (albeit briefly) to celebrate her nuptials with several girlfriends, including Lynn Scherr and Faye Wattleton. Across the room, The Wall Street Journal‘s David Sanford helped hubby Lewis Stein celebrate his 70th, while Michael’s GM Steve Millington serenaded the birthday boy. It was almost too much fun for one lunch.

Diane Clehane and Bianca de la Garza

Diane Clehane and Bianca de la Garza

I was dining today with Bianca de la Garza, who was celebrating a milestone of her own. (Thank you to Steven Stolman, who after lunching with Bianca at Michael’s, decided the two of us should meet and made an introduction.) After 17 years in television news, the last seven spent as co-host of New England’s top-rated newscast, The Eye Opener, at WCVB-TV and anchor of the midday news for the Hearst-owned ABC affiliate in Boston, Bianca signed off in May to start her own production company, Lucky Gal. Now Bianca is about to launch her own lifestyle show that highlights the latest trends in everything from travel to fashion “for New England and beyond.” In her first interview about her latest venture, Bianca gave me exclusive details about the program, which will air in a “late-night weekend spot” on WCVB and will be taped in front of a live studio audience. “It’s not a talk show,” Bianca told me. “It’s more of an entertainment-variety show.” A press conference at The Four Seasons in Boston is scheduled later this fall to reveal more details.

Read more

All About Beer Magazine Gets New Ownership Structure

AllAboutBeerLogoThe magazine that is widely viewed as “the bible” of the U.S. craft beer industry will remain headquartered in Durham, North Carolina. But moving forward, All About Beer will be overseen by Christopher Rice/All About Beer LLC rather than Daniel Bradford/Chautauqua, Inc.

From today’s announcement:

“I have been a loyal follower of All About Beer magazine’s work during my 20 years connected to the beer industry,” said Rice. “It has a substantial position not only as the best-selling beer publication in the U.S. and Canada, but also telling great beer and brewing stories since 1979.”

Read more

Bad Choices | Misfired | All In

apple logo GPRNewser: A breakdown of all the ways Apple screwed up with that free U2 album. Spoiler: They screwed up a lot.

FishbowlDC: RIP CNN’s Crossfire. We knew you — not well, since we were some of the many people who didn’t watch.

AllTwitter: A study found that 92 percent of marketers consider social media important. We’re still waiting the results of the study that shows how many of those marketers will do something stupid on social media.

Fashion Editor Recalls Cosmopolitan Power Play

At age 31, Zoey Washington is sitting pretty. She’s worked for Marie Claire, Vogue and Essence, and is currently a senior fashion editor at People Style Watch, an accessories editor for Elle and more.

GarrisonForestMotto

Washington, who attended Maryland’s Garrison Forest high school, spoke to the Baltimore Sun about her steady, impressive rise. Her answer to how she got it started reminds of the value of perseverance:

“At Garrison Forest, every senior completes a [senior project]. I wrote to the fashion director of Cosmopolitan magazine every day for roughly two months until she agreed to let me do my [project] with her (she was a graduate of Garrison). I don’t recommend that anyone repeat my behavior.”

Read more

Earn $1 a Word Writing for New Luxury Lifestyle Magazine Cadillac

Cadillac-Summer2014-wpWhat you don’t want to pitch to Cadillac Magazine are stories about Cadillacs. This new luxury magazine, launched in the spring of 2014, is geared to the lifestyles of the Cadillac-owning demographic. Ideas pitched to the magazine should be those that capture the imagination of its highly educated, progressive and creative audience.

Drew LimskyCadillac‘s editor-in-chief, accepts pitches for features and front-of-book items on a wide-ranging list of topics that include food, arts, film, design, technology and philanthropy. One thing the mag is really on the lookout for:

“We have a huge need for writers who can deliver interviews with people who are leaders in their fields — celebs, sports figures, highly accomplished people who have Wikipedia entries,” says Limsky.

For more information, including hooks that will catch Limsky’s eye, read: How to Pitch: Cadillac Magazine

The full version of this article is exclusively available to Mediabistro AvantGuild subscribers. If you’re not a member yet, register now for as little as $55 a year for access to hundreds of articles like this one, discounts on Mediabistro seminars and workshops, and all sorts of other bonuses.

Vulture Circles Debra Messing’s Off-Target Show

The headline for Margaret Lyons‘ Vulture review is emphatic: “Mysteries of Laura Is a Bad Show. It’s a Bad, Bad Show.” And as you might expect, the article below that headline is a rad read. It’s a rad, rad read.

TheMysteriesofLaura

Starting with some astute bricks-and-mortar fact-checking:

Messing stars as Laura, a miserable human who abuses her police power by intimidating random pre-school teachers. She loves product-placing Target, and even though she lives in Manhattan, it seems very, very unlikely that she lives anywhere near Harlem or 117th Street. I resent integrated advertising in general, but it’s truly egregious here.

Read more

NYT Sportswriter Recalls Her Extra-Credit First Assignment

AndrusHeaderFor the second year in a row, Karen Crouse was one of the keynote speakers at the Andrus Center Conference on Women and Leadership at Boise State University. In connection with her return Idaho appearance, the New York Times sportswriter spoke with Boise Weekly staff writer Jessica Murri and revisited the classic way her career aspirations took hold:

[High school student] Crouse decided to make a swimming magazine, went to her local swim club and asked to interview Mike Bruner – the Michael Phelps of the 1970s.

The way Crouse tells the story, Bruner’s coach, Bill Rose, told him he had to stay after practice for an interview with a journalist.

Read more

Parade to be Sold to Athlon Media

Parade, the magazine that has filled Sunday newspapers for many years, is about to be sold to Athlon Media. The New York Post reports that Athlon — which is known for publishing sports annuals — is in the late stages of talks with Parade’s parent, Advance Publications.

Aside from sports guides, Athlon publishes monthly glossies Spry Living, Relish, and the number three Sunday insert — American Profile. Parade is number one, with a circulation of 32 million, and USA Weekend is number two.

Despite the hefty numbers, Parade has been struggling lately — ad pages through September are down nine percent compared to last year.

If the deal goes through, Parade would benefit from being sold to a company headed by a billionaire. Athlon’s CEO Spencer Hays founded Tom James, one of the nation’s largest custom suit makers, and owns a variety of other successful businesses.

GQ Adds Culture Writer, Bonnier Taps PR Manager

A couple Revolving Door notes for you today, involving GQ and Bonnier Corporation. Details are below.

  • Lindy West is joining GQ as a culture writer for GQ.com. West most recently served as a staff writer for Jezebel. Prior to that she was the arts critic for Seattle’s The Stranger. West begins September 22.
  • Bonnier has named Molly Battles PR manager for its Men’s Group, which includes brands such as Popular Science and Field & Stream. She comes to Bonnier from The Rosen Group, where she had been since 2012. Prior to The Rosen Group, she worked with CBS News.

<< PREVIOUS PAGENEXT PAGE >>