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Posts Tagged ‘Broadcasting & Cable’

Broadcasting & Cable Adds Programming and Digital Media Editor

A new career chapter has begun for former Metro New York chief film critic Daniel Holloway. After a stint as executive editor of Backstage both here and in Los Angeles, Holloway is carrying on starting today for another trade publication – Broadcasting & Cable.

Broadcasting&CableLogoAs the website and weekly magazine‘s programming and digital media editor, Holloway will remain based in LA and report to B&C editor-in-chief Melissa Grego. From the announcement:

“Daniel is one of the most versatile, curious and energetic journalists covering media and entertainment today,” Grego said. “As the amount of programming and the ways it’s consumed continue to grow, B&C is incredibly fortunate to have Daniel, with his great instincts and insights, covering this fast-changing part of the TV landscape.”

Holloway’s beat will include the tracking and analysis of programming strategies made by broadcast, basic cable and pay-TV networks as well as keeping tabs on new-technology distribution players. Holloway has in the past contributed to Spin magazine, US Weekly and the Miami Herald. He was also a guest host and film critic for NPR national morning news program The Bryant Park Project.

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Memo: RBI Begins To Shutter Trade Pubs It Can’t Sell

MBT.jpgThe closures have begun at Reed Business Information‘s U.S. trade magazine properties.

On the last day of the year, RBI US CEO John Poulin sent a memo to staffers, updating them on developments in RBI’s efforts to sell off a bulk of its U.S. holdings.

Although some titles, like Broadcasting & Cable, Multichannel News and TWICE, have been sold, Poulin said that some remaining pubs would likely face the axe:

“We are in advanced discussions to sell a number of titles to separate purchasers and, if these are satisfactorily concluded, expect to make announcements on these sales in the next few months. We have not been able to sell the business as a whole and this unfortunately will result in title closures and job losses across the business during the first half of the New Year.”

Today, we got word of some news of closings. According to an internal memo that went out today from Jeff DeBalko, president of business media, RBI has closed Manufacturing Business Technology (or MBT), Industrial Distribution and Video Business, effective today. What’s more, DM2, which manages targeted B2B postal and e-mail lists, will no longer manage non-RBI lists, starting in April.

Requests for comment from RBI have not yet been returned An RBI spokesperson confirmed the closure news, but declined to comment on whether anyone would be let go, so we’re not sure how many people will be affected by this change. Know anything? Leave a tip in the box on the right or send us an email.

Full memo after the jump

Earlier: RBI Sells Broadcasting & Cable, Multichannel News And TWICE

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Layoffs Hit Newly Acquired Multichannel News

multichannel.jpgTwo weeks after NewBay Media CEO Steve Palm told us he was looking to hire, not fire, staffers from his newly acquired magazines, we have heard of layoffs at Multichannel News.

A tipster tells FishbowlNY that at least two people were let go yesterday from the cable industry trade publication: executive editor George Vernadakis and design director Maria Hernandez. And where there are layoffs at one pub, there are likely to be at the other titles acquired by NewBay, Broadcasting & Cable and TWICE.

If you have any information, send us an email or leave a tip in the box at right.

Following up on our interview earlier this month, we reached out to Palm for comment on the layoff news. He has not yet responded to our request. Update: A NewBay spokesperson sent us a statement, confirming layoffs at all three pubs:

“Working with the managers of the acquired brands, it was determined that several positions overlapped with positions already existing within NewBay. Due to this redundancy and cost considerations, a small number of B&C, Multichannel News, and TWICE employees will not make the transition. For those team members affected by this decision, we thank them for their efforts on behalf of TWICE, B&C and Multichannel. These are talented individuals who we wish the best. As previously announced, NewBay continues to actively seek candidates for our online, finance, and circulation departments as a result of the acquisition.”

We’ll update you as the story develops.

Previously: NewBay Media CEO Steve Palm On New Acquisitions: We’re Looking To Hire, Not Fire Staffers

NewBay Media CEO Steve Palm On New Acquisitions: We’re Looking To Hire, Not Fire Staffers

Steve_Palm.jpgEarlier this week, we learned that publisher NewBay Media had picked up three trade titles from Reed Business Information, Broadcasting & Cable, Multichannel News and TWICE, for an undisclosed amount.

When any publication is sold, the obvious questions surface. Namely, what will happen to the staff? (Just one look at the bloobath at post-Bloomberg BusinessWeek can tip you off to the type of gutting that can occur after a sale.) One tipster told us the staff of the three sold titles would learn their fates by the end of the year. But we had a chance to speak with NewBay’s CEO, Steve Palm (left), who told us that immediate cuts were not expected.

“These titles are complementary to our existing business and we respect and admire the brands and the team that have built these brands and are continuing to work on them,” Palm said. “Our short-term plan is that the team is going to remain where they are right now. We’ve worked in agreement with Reed so that they’ll continue to work out of their existing offices until the end of February and then in March we will locate them in a facility that we’re currently exploring specific locations. In terms of the staff, we’re pleased with where we are at and we see it as complementary. We continue to work with the managers to ensure that we’ve got what we need.”

And as for those rumors about employees getting offers from NewBay by the end of the year? Palm says there are contractual issues that need to be ironed out soon, so staffers will be getting letters “formalizing” their relationship with their new employer.

What’s more, in response to questions about cutting down staff, Palm emphasized the fact that the company may actually be looking to hire as it transitions its new titles into the company.

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RBI Sells Broadcasting & Cable, Multichannel News and TWICE

B&C.jpgReed Business Information has sold three of its business-to-business publications, Broadcasting & Cable, Multichannel News and TWICE to NewBay Media, the publisher of broadcasting b-to-b titles like Television Broadcast and Radio World and an affiliate of private equity firm the Wicks Group.

“With this acquisition NewBay adds significant depth and breadth to its existing portfolio of broadcast properties, including TV Technology and Television Broadcast, and consumer electronic properties, including Residential Systems,” said NewBay CEO Steve Palm in a statement about the deal.

According to a memo sent to staff today by RBI’s CEO John Poulin, obtained by FBNY, staffers at the publications “will remain at RBI as we work with NewBay Media to complete the transition,” although their future at NewBay seems uncertain. A NewBay spokesman told FishbowlNY that he was unaware of the future plans for the brands and their staffs, but a tipster tells us the company will offer jobs to the employees they want to keep by the end of the year. (Know anything? Send us an email or leave a tip in the box on the right.)

Poulin also said the company was continuing to work on finding new homes for the other RBI brands — including Publishers Weekly and Library Journal — that the company has been looking to sell since the summer.

In July, RBI Global CEO Keith Jones revealed that the company was putting nearly 50 of the company’s publications on the block. “We have decided to focus our efforts and investments on a narrower range of brands and markets,” Jones said at the time.

Full memo after the jump

Previously: Breaking: Reed Elsevier To Sell Part Of U.S. Business

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Reed Elsevier And Ian Smith Part Ways

ian_smith_149.jpgIn a plot development straight out of the “Mad Men” season finale, Reed Elsevier, the British parent company of Reed Business Information, has lost its CEO after putting most of its U.S. assets for sale earlier this year.

Ian Smith has spent the last year trying to sell off RBI titles such as Mutichannel News, Tradeshow Week, Professional Builder, Broadcasting & Cable and Publishers Weekly, and though Elsevier released a statement saying the split was amicable, it also mentioned that the company was “not immune from late cycle pressures given the subscription nature of much of the revenue.” Sounds like Smith couldn’t save the company enough money to justify keeping him on.

In the interim, Reed Elsevier’s CEO position will be filled by Erik Engstrom, previously CEO of the Elsevier portion of the publishing house.

Chief Executive Out at Reed ElsevierFolio

Previously: Breaking: Reed Elsevier To Sell Part Of U.S. Business

Breaking: Reed Elsevier To Sell Part Of U.S. Business

pw.pngIn a memo to staffers today, Reed Business Information Global CEO Keith Jones revealed a plan to divest a bulk of the company’s U.S. publications. RBI will hold on to Reed Construction Data US & Canada, RS Means, Variety, Marketcast, LA411 and Buyerzone, Jones said. The rest of the U.S. titles will be sold, including Publishers Weekly, Library Journal, Broadcasting & Cable and Multichannel News.

“We have decided to focus our efforts and investments on a narrower range of brands and markets, and with this in mind we are announcing today our intention to divest a significant part of the RBI US business,” Jones said in his memo. “This has been a difficult decision to reach as there are many strong brands here, with very experienced and professional teams running them, but we have concluded that they are less well suited to RBI’s strategy going forward.”

Jones also added that Tad Smith, CEO of RBI’s U.S. business, has resigned “to pursue a new job challenge.” He will be replaced by EVP and CFO John Poulin, who has been appointed acting CEO.

Jones’ memo is below. We will keep you posted as news develops. And, as always, your tips are welcome.

Update: RBI’s parent Reed Elsevier has put out a statement and a full list of those properties that have been put on the block — nearly 50 publications plus their related international editions and online products. “We have had to contend with a far harsher advertising environment than any of us have experienced before and, in such a climate, we have to focus not just on innovation and efficiency, but also on ensuring that our portfolio is well-matched with our long-term ambitions,” Jones said.

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New Bosses At Interview, Weather Channel & Current TV

interview.pngAlthough they have nothing to do with each other, we noticed that there have been lots of appointments to the top spot at a handful of media organizations over the last few days. Is something in the air?

Interview magazine, which was at the center of some controversy at publisher Brant Publications earlier this year, seems to finally have established a powerful editorial team. The New York Times reports today that BlackBook founder Evanly Schindler has been named president of the magazine, while editor Stephen Mooallem, has been promoted to editor-in-chief. Former creative director Karl Templer, who left Interview earlier this year, is returning, and he will report to Fabien Baron, the editorial director who left and then returned last month.

Earlier today, Broadcasting & Cable reported that the Weather Channel is getting a new CEO. The company, which had been searching for a chief for months, named former AOL Media Networks head Michael Kelly to its top spot.

And on Friday, our colleagues at BayNewser revealed that former MTV Networks president Mark Rosenthal had been picked to lead Current Media, the parent company of Current TV and current.com.

There have been some big changes in the media world, and we can probably expect more to come as companies look for new solutions and fresh blood to tackle problems brought on by the economy. And as more executives and top talent get cut from cost-cutting companies, the pool of available people who can run a media organization is growing.

Related: The Drama At Brant

More Pictures From Flacks ‘n Hacks

fnh.jpgIf you like looking at pictures of media people looking goofy, check out some more pictures from our Flacks ‘n Hacks party on Monday night here. In the one at left, PRNewser editor Joe Ciarallo tries to literally beat FishbowlNY editor Amanda Ernst after brutally beating her in Guitar Hero. Don’t worry — no blog editors were harmed throughout the night.

Broadcasting & Cable‘s David Tanklefsky also wrote about his experiences playing Guitar Hero on Monday. He may be no Hendrix but, hey, neither are we!

Breaking: More Layoffs At MTV

mtv.pngBroadcasting & Cable is reporting that MTV Networks laid off a big group of staffers today — with possibly as many as 75 employees getting the axe.

According to B&C, the cuts mostly affected “mid-level executives in the program development department, digital division and scheduling at the company’s music and logo group which houses channels including MTV, VH1 and Logo.”

Representatives for MTV were not available for comment this evening.

The cuts come just over six months after MTV’s owner Viacom cut 850 staffers, with a bulk of that bloodbath coming from MTV.

And last week, MTV dumped Brian Graden, president of entertainment of the Music and Logo group, saying it was part of a “broader reorganization,” the New York Post reported. Looks like the reorganization is very much under way.

If you have any tips email us.

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