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No Sign of Progress in CBS/Time Warner Cable Dispute (WSJ)
A blackout of CBS Corp.’s flagship network on Time Warner Cable Inc. systems in New York, Los Angeles and a few other markets dragged on through the weekend with no sign of any resolution. By Sunday afternoon the two companies couldn’t even agree on whether any talks were under way. A Time Warner Cable spokeswoman said negotiations were “ongoing,” while CBS said that “there are no negotiations taking place at this time.” TVNewser At 5 p.m. ET Friday CBS O&Os in New York, Los Angeles, Dallas, Boston, Chicago, Detroit, Denver and Pittsburgh were pulled from Time Warner Cable systems in those markets. Additionally, cable channels Showtime, The Movie Channel, Flix and Smithsonian Channel are blacked out on Time Warner Cable. NYT “There are several ways that you can still see your favorite shows, including using an antenna to get CBS free over the air.” An antenna? Where does that go, on top of the cathode-ray tube? That’s one of the tips Time Warner Cable put up on screen after it stopped showing CBS around the country on Friday. NYT The continuing impasse resulted in two popular shows on the pay cable channel Showtime, Dexter and Ray Donovan, being unavailable to fans in those areas on Sunday night. And it means that the most popular drama of the summer, CBS’ Under the Dome, is likely to be blocked to millions of viewers on Monday night. Several media analysts suggested the standoff might be protracted, with predictions ranging from about 10 days to as long as six weeks. The later date is associated with the start of the NFL season, a package of programming that everyone involved agrees cannot be denied to subscribers. Indeed, timing seems to be the dominant factor driving the dispute. Time In a tit-for-tat action, CBS responded by blocking videos of full episodes of its programming on CBS.com for Time Warner Cable broadband customers in the affected markets.
Posts Tagged ‘Boston Globe’
The Bruins’ run at the 2013 Stanley Cup was book ended by a pair of historically improbably third periods: their Game 7 OT comeback against the Leafs, down 1-4; and their Game 6 finals regulation-time loss to the Blackhawks, after being up 2-1 with minutes to play.
Today, on page A9 of the Boston Globe, there is another hockey surprise. An open letter to the Bruins and city of Boston subtly connected to the recent Marathon bombings. An excerpt:
“From Boston’s political leadership to every member of the Bruins organization, from the players to the people on the streets, you demonstrated respect, good sportsmanship and a genuine love for the great game of hockey.”
For east coast media watchers, that’s a big question today, the deadline for getting a bid in to the Boston Globe‘s NYT parent company.
Emily Steel, U.S. media and marketing correspondent for the Financial Times, shared a definitive rundown Wednesday of today’s likely bidders. Today, it’s the turn of Stacey Vanek Smith, a senior reporter for Marketplace Morning Report:
Bids for the Globe are expected to be in the $100 million range. The New York Times company paid more than a billion dollars for the publication 10 years ago.
Exclusive: The Boston Globe’s web traffic across its two main websites continued to skyrocket a day after the bombing at the Boston Marathon, according to traffic numbers obtained by FishbowlNY.
To boot, the Globe’s main Twitter accounts more than doubled in followers on Tuesday and the paper’s coverage went viral across social networks like Facebook, deputy managing editor Bennie DiNardo wrote in a memo to staff on Wednesday afternoon.
“One post alone on the Boston Globe account, Adrienne’s post about Martin Richard, the boy who was killed, has now been ‘liked’ 796,000 times, and appeared on more than 23 million feeds of Facebook members,” he wrote. “Excellent work, everyone.”
Here’s a look at the numbers from Tuesday:
- Boston.com, 13.8 million page views
- Bostonglobe.com, 5.9 million page views
- Boston.com Mobile (excluding app): 1.5 million page views
- Combined, 21.2 million page views
- Video, 2 million views
Mediabistro Reports On Jobs|The City’s Dirtiest Media Cafeterias|Boston Globe Publisher Gets $1.4M|Playboy Replaces Photo Editor|Times Seeks Private School Reporter|The Magazine Revolution Is Near
MediaJobsDaily: Mediabistro.com’s first ever jobs report finds that there are more companies hiring for fewer positions on the site’s job boards in 2009.
DailyFinance: What are the dirtiest media cafeterias in New York? Reuters, MSNBC and Hearst have racked up the most points for city health department violations, according to this quick survey.
Folio: The revolution in magazines will come this summer.
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GalleyCat: GalleyCat readers band together to donate audiobooks to military personnel overseas.
Just days after announcing that it will eliminate 100 newsroom jobs at The New York Times before the end of the year, The New York Times Co. announced their third quarter earnings this morning — and it’s surprisingly not all bad news.
Exceeding expectations, the company reported a 30.2 percent increase in operating profit for the quarter and 21.6 percent decline in operating costs. The company said it had also worked to reduce its debt by $140 million through aggressive cost-cutting. The company has cut its spending by doing things like revamping benefit plans for nonunion employees (saving them $18 million) and renegotiating the labor agreements with Boston Globe employees, earning $10 million in savings in the second half of 2009 and a projected $20 million next year.
Today, Sulzberger and Robinson told staffers that although they are in talks to sell the Boston paper, they are not being forced to sell it if offers from prospective buyers are too low, the Globe reported.
“Our hand is not being forced,” Sulzberger told the Boston employees. “We are not in a situation where we must absolutely sell the Globe or the Worcester Telegram & Gazette for the good of the company.”
Sulzberger added that the decision to sell would take a number of factors into consideration, including the impact a sale would have on the paper and the Boston community.
But the exec’s assurances did little to assuage the Globe‘s beleaguered employees’ fears or doubts in the company. One staffer, Jeanne Shimkus, even drew applause for her contentious comments to Sulzberger and Robinson, the Globe reported: “I have no respect for anything you say. And I don’t believe a word you say,” she said.
“You banged us around really good,” said Marty Callaghan, president of the Boston Newspaper Printing Pressmen’s Union. “Some new owner better not come in here and think that they are going to go, with the way things usually go, and come in and bang these unions around again.”
Whether or not a new owner will be coming in at all remains to be seen, but given the outlook of the economy, chances are the Globe‘s employees aren’t finished being banged around yet.
Times Co. executives meet with Globe employees” — The Boston Globe
The New York Times Co. released its second quarter earnings today, posting a net income of $39.1 million compared to $21.1 million during the same quarter last year. Total revenues were down 20.2 percent to $585.4 million, with ad revenus seeing a 30.2 percent drop. However, the company managed to cut operating costs by 20 percent during the quarter and they plan to cut $450 million in costs throughout 2009.
Those operating costs were undoubtedly decreased through the significant cuts made at the Boston Globe, including consolidating printing facilities in Boston, decreasing compensation to non-union managers and renegotiating union contracts. Contracts renegotiated with a number of unions during the quarter brought $10 million in savings, while the recently approved contract with the paper’s largest union, the Boston Newspaper Guild, brought an additional $10 million in savings this month, CEO Janet Robinson said.
But in an earnings conference call today, Robinson said that the company was not commenting on whether it was looking to sell the Boston paper, noting that cost cutting measures and increased newsstand pricing had helped “put it on stronger financial footing.”
“The Globe is on a path to a more secure financial future,” Robinson said. “We are deeply grateful to all of our colleagues in Boston, both union and non-union, for the sacrifices they have made.”
Robinson did note that the Times Co. is in the midst of selling its stake in the Boston Red Sox, a sale she said should be completed by the end of the year. Another thing to keep an eye on: Robinson said the company is currently researching new models for increasing its digital revenue stream. Currently, they’re looking at metered and membership models, she said.