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Posts Tagged ‘BBC America’

Morning Media Newsfeed: Aereo Files for Bankruptcy | MSNBC Hires Ex-WH Staffer

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Aereo Files for Bankruptcy (TVSpy)
With a post on the company’s blog Friday morning, Aereo founder and CEO Chet Kanojia announced the company had filed for bankruptcy protection. THR The digital TV service, which broadcast network owners battled in courts for offering access to broadcast TV signals via digital devices, made a voluntary Chapter 11 filing, it said in the statement. “We encountered significant challenges from the incumbent media companies,” said Kanojia in the statement. Mashable Chapter 11 bankruptcy protection is typically expensive and allows for the company to restructure its debt. While filing for bankruptcy does not necessarily mean the end of the business, Kanojia struck a tone in a statement on Aereo’s website that insinuated the company was done. Variety New York-based Aereo had raised about $97 million, from investors including IAC chairman Barry Diller, media investor Gordon Crawford, Himalaya Capital Management, Highland Capital Partners and FirstMark Capital. Earlier this month Aereo laid off a majority of its staff, including employees in New York and Boston. The company said a small executive team of about a dozen people would remain. GigaOM Aereo’s bankruptcy petition shows it owes roughly $2 million to a list of creditors that include Internet companies like Level 3 and Google, as well as several law firms. But the most significant creditors on the list are names like ABC and Fox, the TV networks that are continuing to sue Aereo over copyright infringement. Aereo’s filing simply states “unknown” in the amount owed to the “litigation party” TV stations, which also include PBS, Telemundo and NBC.

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Morning Media Newsfeed: AMC Buys Stake in BBC America | CNN Announces High Profits

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AMC Networks Buys 49.9 Percent Stake in BBC America (TVNewser)
AMC Networks has agreed to purchase a 49.9 percent stake in BBC America from BBC Worldwide for $200 million. AMC Networks will look for greater distribution for BBC World News in the U.S. B&C BBC Worldwide will retain a 50.1 percent equity stake in the cable channel, while AMC Networks will have operational control of BBCA, including affiliate and advertising sales, though it will still be consistent with BBC’s editorial standards and policies. THR The cable networks company and the commercial arm of U.K. public broadcaster BBC announced the deal Thursday after reports of their talks first emerged over the summer. The channel airs such BBC favorites as Doctor Who, Sherlock, Top Gear and Planet Earth. AMC Networks operates the AMC, Sundance, WE tv and IFC channels, and can now add the so-far independent BBC America when it negotiates carriage fees, giving both partners increased leverage in talks with pay-TV operators. WSJ The deal comes as the biggest pay-TV distributors are consolidating, prompting analyst speculation that content players will also have to seek greater scale. Variety Executives at both companies portrayed the arrangement as one borne out of a desire to gain greater reach for premium content that attracts high-income audiences. The two sides have worked together in the recent past. The two have collaborated on series including Top of The Lake and The Honourable Woman as well as the coming program One Child. AMC Networks and BBC Television have agreed to continue to jointly pursue a number of content investment opportunities on a range of future projects, both through BBC America and other AMC Networks channels. BBC America is to be managed as a standalone asset within AMC’s portfolio.

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Daily Mail Aims to Resolve ‘Madison Avenue Challenge’

Right now, the U.S. Daily Mail home page resides at dailymail.co.uk/ushome and the paper’s Internet presence as a whole is universally referred to as MailOnline. But not for much longer.

DailyMailDotComTeaser

As newly appointed North American CEO Jon Steinberg explained to Ad Age‘s Michael Sebastian, by Thanksgiving, the UK paper should have a new stateside (and overall) shingle:

One year from now, he hopes to have solved MailOnline’s “Madison Avenue challenge,” which he blamed partly on brand confusion around the Daily Mail‘s digital presence being MailOnline. By the middle of the fourth quarter, MailOnline will migrate to DailyMail.com, according to Mr. Steinberg. ”I want confusion around the brand fixed,” he said.

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Morning Media Newsfeed: NYT Amends Article | Two More Charged With Hacking

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New York Times Amends Carol Vogel Article (FishbowlNY)
The first paragraph of Carol Vogel’s July 25 New York Times article no longer reads as it did. The text has been amended and an editors’ note has been added at the bottom. New York Post / Media Ink Vogel is accused of lifting a Wikipedia passage — with a few minor word changes — on the artist’s eccentricities for her lede on a July 24 item, “A Renaissance Master Finally Gets A Showcase.” NYT The Times’ editors’ note, which followed an investigation into Vogel’s work by senior editors, said that the passage “improperly used specific language and details from a Wikipedia article without attribution” and should not have been published in that form. HuffPost The Times’ public editor Margaret Sullivan acknowledged the matter Wednesday, writing that there was “little dispute” that the two paragraphs look very much alike. A spokesperson for the Times said that editors are “not aware of any other problems like this,” adding that, “editors have dealt with Carol on the issue.” Politico / Dylan Byers on Media It’s the second big plagiarism case in the last week. Over the weekend, BuzzFeed fired Benny Johnson after finding more than 40 instances of plagiarism in his work.

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Business & Financial Reporting Emmy Noms Announced|CNN Protest In LA|A Look At McSweeney’s Broadsheet|Staten Island Advance Seeks To Trim Staff|Google’s Schmidt Values Editors

TVNewser: Nominees for the Business and Financial Reporting Emmy Awards we announced today. CBS gathered the most nods with 15 while PBS garnered four and CNBC and BBC America each received three.

FishbowlLA: 60 to 70 protesters gathered outside CNN‘s Los Angeles office today, protesting biased reporting by the news network of the debate over a public health insurance option.

BayNewser: A sneak peek at McSweeney’s upcoming broadsheet project.

Editor & Publisher: State Island Advance is looking for 40 staffers to take buyouts in order to avoid layoffs. The buyout offers include two weeks’ pay for every year of service up to six months of salary, along with medical coverage.

Nieman Journalism Lab: Google’s Eric Schmidt answered questions about how and why Google now distinguishes between news organizations and blogs in its search. “My guess is…it has a lot to do with the infrastructure around the writer. So a blog that’s associated with a major, legitimate organization…would be, I think, treated differently than an individual blogger who’s using his or her right of free expression to say whatever he thinks. So the presence of an editor, as an example. You know, an editor that’s not your mom.”