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Posts Tagged ‘A+E Networks’

Morning Media Newsfeed: Vice Sells Stake to A&E | Chelsea Clinton Leaves NBC News

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Vice Media Stakes Future on A&E Networks Deal (NYT)
After spending the summer flirting with various suitors, Vice Media said on Friday that it was close to choosing a partner: A&E Networks. TVNewser The investment was announced after Time Warner ended its negotiations with Vice Media. The talks, which had been going on for months, included a plan to spin off Time Warner’s HLN network and refashion it into a Vice channel. The Brooklyn-based media company includes a magazine, book publishing, a massive online presence and gritty, global documentaries which are carried on Time Warner’s HBO. WSJ A&E Networks is nearing an agreement to buy 10 percent of Vice Media for $250 million, in a deal that would value the youth-focused online media company at $2.5 billion, according to people familiar with the matter. Financial Times Last year, Vice sold a 5 percent stake to Rupert Murdoch’s 21st Century Fox for $70 million, which then valued it at $1.4 billion. THR Vice CEO Shane Smith, who co-founded the company 20 years ago, has long wanted to expand into traditional TV. A&E, led by Nancy Dubuc, is a co-venture of Hearst Corp. and Disney/ABC Television Group.

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Cartoonist Don Asmussen Nicely Sums Up Duck Dynasty Debacle

From a media insider’s perspective, one of the real mysteries of the Phil Robertson disaster is how his publicists and-or A&E reps could allow the patriarch to head into the woods, unsupervised, with an enterprising GQ reporter. Unless Robertson specifically told this gang to head the other swamp way, there’s just no excuse from a PR-handling point of view for the non-chaperoned nature of that assignment.

More broadly, all kinds of people continue to take shots at A&E for the implicit hypocrisy of being surprised or apologetic for such a predictable, de-facto eventual quagmire. On that front, FishbowlNY thinks one of the best encapsulations comes from cartoonist Don Asmussen, for the latest edition of his bi-weekly San Francisco Chronicle strip “Bad Reporter:”

BadReporterDuckDynasty

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GLAAD Takes Issue with Duck Dynasty Star’s GQ Remarks

PhilRobertsonThe PR blitz for A&E’s reality TV juggernaut continues. While things went swimmingly for this week’s Hollywood Reporter cover story, such is not the case with a GQ feature.

Per Ad Age‘s Jeanine Poggi, GLAAD is already on the case, asking A&E if it stands by Phil Robertson‘s comments in the January GQ article. Robertson damns homosexuals and other groups with a quote from Corinthians. He later makes some reprehensible remarks that bring to mind Toronto mayor Rob Ford‘s “plenty at home” statement:

“It seems like, to me, a vagina – as a man – would be more desirable than a man’s anus. That’s just me. I’m just thinking: There’s more there! She’s got more to offer. I mean, come on, dudes! You know what I’m saying? But hey, sin: It’s not logical, my man. It’s just not logical.”

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Nancy Dubuc Named President and CEO of A+E Networks

Nancy Dubuc has been named the new CEO of A+E Networks. Dubuc will succeed Abbe Raven, who had been CEO since 1995. Dubuc’s appointment makes her the company’s third CEO in almost 30 years. She most recently served as president of entertainment and media.

“I would like to thank all my colleagues for their continued support as we write this next chapter together,” Dubuc said in a statement. “We have a powerful portfolio of brands that are well-positioned for future growth, both domestically and internationally.”

A+E Networks, which owns the Lifetime and History channels and more, announced that Raven will be moved up to chairman of A+E Networks, a newly created role.