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Posts Tagged ‘CNBC’

Morning Media Newsfeed: Hackers Threaten Violence Over Interview | NYT Layoffs Begin

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Sony Hackers Threaten Violence Over The Interview (Re/code)
A new message from the hackers who have infiltrated Sony Pictures Entertainment appeared to threaten violence at or near movie theaters where the studio plans to show The Interview. The group mentioned the film for the first time by name and threatened to take unspecified actions against its premiere, set for Dec. 25, writing, “The world will be full of fear” and “Remember the 11th of September.” WSJ A Department of Homeland Security official said Tuesday afternoon the agency was aware of the threat but added: “at this time there is no credible intelligence to indicate an active plot against movie theaters within the United States.” Variety “We recommend you to keep yourself distant from the places at that time. (If your house is nearby, you’d better leave.) Whatever comes in the coming days is called by the greed of Sony Pictures Entertainment,” the message reads. There have been suspicions that the attack may have been launched by North Korea in retaliation for the Interview’s depiction of an assassination attempt on Kim Jong-un. The country has denied involvement but praised the attacks. THR The Sony hackers also made good on their promise to release a so-called Christmas gift by posting an eighth batch of documents to the Internet on Tuesday. The documents appear to be the entire email account of Sony Pictures Entertainment chairman and CEO Michael Lynton. Lynton’s email account contains 12,466 messages, which presumably contains deleted messages, dating from Nov. 12, 2008 to Nov. 21, 2014, three days before the hack was first noticed by the studio. A special screening of the film took place in Los Angeles last week without incident. Deadline Landmark Theatres said Tuesday night that the New York premiere of the film has been canceled. The event was set for Thursday night at the Sunshine Cinema on the Lower East Side. BuzzFeed The film’s stars, Seth Rogen and James Franco, have withdrawn from all media appearances in the lead-up to the release of the film.

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Morning Media Newsfeed: Big Changes at TNR | CBS, Dish Deadline Passes Without Blackout

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Big Changes at The New Republic (FishbowlNY)
In this, the New Republic’s 100th year, a new direction. FishbowlDC Franklin Foer, editor of TNR, sent out a staff email Thursday announcing his resignation from the magazine. Capital New York Literary editor Leon Wieseltier is also out. Gabriel Snyder, a former editor of The Atlantic Wire and most recently a digital adviser at Bloomberg, has been tapped to succeed Foer, TNR chief executive Guy Vidra wrote in an email to staff. Furthermore, the magazine will be reducing its frequency from 20 to 10 issues a year, moving from Washington D.C. to an office in New York City’s Union Square and “making some changes to staff structure,” Vidra added. HuffPost Speculation had run rampant that Foer might leave the magazine, which he returned to edit in 2012 following its sale to Facebook co-founder Chris Hughes. Some staffers fear that Hughes and chief executive Vidra are too focused on increasing Web traffic, and that such a strategy could pull the magazine away from its legacy of narrative journalism and criticism. In his memo to staff Thursday, Foer acknowledged the competing plans for the magazine’s future. “Chris and Guy have significant plans for this place,” he wrote. “And their plans and my own vision for TNR meaningfully diverge.” Politico / Dylan Byers on Media Hughes bought TNR in 2012 at the age of 28 with ambitions of restoring its esteemed place in Washington media. Instead, TNR failed to hire marquee names, struggled to attract advertisers and failed to gain a prominent place in the conversation.

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Morning Media Newsfeed: World News to Cast on Facebook | Veteran Staff Take NYT Buyouts

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ABC World News Tonight Launches Facebook Newscast (TVNewser)
ABC World News Tonight anchor David Muir will host a social media newscast every weekday on Facebook called “Facecast: The One Thing.” Starting Monday, Dec. 1, the one-minute news update aims to give Facebook users a summary of the day’s top stories and trending topics. AllFacebook ABC News said “Facecast: The One Thing” will be shot behind the scenes at its New York headquarters. It will be the first social media daily newscast hosted by an evening news anchor. THR “We are grateful that our audience engages with David Muir and World News Tonight on social media all day long,” said World News Tonight executive producer Almin Karamehmedovic. “We’re very excited to launch a newscast that is exclusively for Facebook, where users can continue the conversation beyond the evening newscast at any time.” HuffPost / AP The “Facecast” will usually be posted in the early afternoon. ABC said Facebook users will see the report in their news stream if they have “liked” World News Tonight, or else will be able to find it on the newscast’s Facebook page. Variety ABC News makes its move as other traditional broadcasters have taken steps to burnish their “traditional” news efforts in digital venues. CBS last month unveiled CBSN, a live streaming-video newscast that offers CBS News reporting between 9 a.m. and midnight eastern each day.

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Morning Media Newsfeed: 16 Million Watch Ferguson Grand Jury | Orman to Leave CNBC

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16 Million Tune in to Cable News for Ferguson Grand Jury Announcement (TVNewser)
The news surrounding the grand jury’s decision in the Darren Wilson case gave cable news channels a ratings surge Monday. While the decision had been reached by mid-afternoon, news channels had seven hours to consider the result as it was not announced until the 9 p.m. ET hour, when daytime viewership peaked. Capital New York During the 9 p.m. hour, when the decision was revealed, Fox News averaged 7.26 million total viewers, including 2.19 million adults 25 to 54. CNN averaged 6.26 million total viewers, including 3.16 million adults 25-54, and MSNBC averaged 2.20 million total viewers, including 742,000 adults aged 25 to 54. Mediaite The peak for CNN came not at 9 p.m. when the decision was announced, but instead during the second half of the 10 p.m. hour when the network reached 3.558 million demo viewers. With 7.256 million viewers during the 9 p.m. hour, Fox’s The Kelly File was the overall winner for the night. Variety Both The Kelly File and Hannity scored all-time highs in terms of overall viewers and audience in the advertiser-desired demo of 25 to 54. CNN’s Anderson Cooper was able to trump Fox News’ Megyn Kelly in the 25-to-54 demo at 9 p.m. In late-night viewership, CNN lured more viewers overall and in the demo at both 11 p.m. and midnight, according to Nielsen. THR / The Live Feed Many TV networks chimed in, with some broadcast nets interrupting primetime with President Obama’s remarks on the matter and each of the cable news outlets covering it well into the night. Some segments from the center of the embattled town even got too close, with CNN’s Sara Sidner being hit with a rock on air.

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Morning Media Newsfeed: DWA, Hasbro Merger Talks End | The Onion Exploring Sale

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DreamWorks Animation, Hasbro End Merger Talks (THR)
Hasbro has called off merger negotiations with DreamWorks Animation, sources say. The deal chatter, which became public on Wednesday, appears to have been derailed in part by the performance of Hasbro’s stock and potentially the high price sought by DreamWorks Animation CEO Jeffrey Katzenberg. WSJ News last week that the toy maker was in early acquisition talks with the film studio drove the two companies’ stocks in opposite directions. Hasbro investors sent the toy company’s share price down more than 4 percent on Thursday and nearly 2 percent on Friday, when they settled at $54.02 on Nasdaq. Adweek DreamWorks reportedly wanted $30 per share, a relatively steep incline for stock trading at roughly $22. NYT / DealBook Also playing a role was a negative private reaction by the Walt Disney Company, which comprises roughly 30 percent of Hasbro’s business through licenses for Star Wars, Marvel characters, Frozen and the Disney Princesses toy line. Variety Neither side has officially commented on why the talks fell apart, nor the potential of a deal. Hasbro follows recent conversations DWA has had to sell the toon studio. In September, it discussed such a sale with Japanese tech giant SoftBank, that also ended just days later.

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Morning Media Newsfeed: Leno Set to Launch CNBC Show | NBC Courted Stewart for MTP

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Jay Leno Nears Deal to Launch CNBC Show (THR / The Live Feed)
Jay Leno is lining up his first regular television hosting gig since leaving The Tonight Show in February, and he’s staying in the NBCUniversal family. TVNewser Leno’s new show would air on CNBC in primetime and focus on his longtime love of cars. WSJ / CMO Today A CNBC spokesperson declined to comment. Both NBC and CNBC are units of Comcast Corp. Since he stepped down from The Tonight Show, he has continued to work as a stand-up comic. He is known for his love of automobiles and has a large collection of rare and classic cars. NYT No other details have been released pending completion of the contract, though the executives confirmed the show would not be comedy-based. Leno has been a regular presence on NBC.com with a motor-vehicle-obsessed show called Jay Leno’s Garage. Deadline Hollywood The news comes as the cable business network comes off its lowest-rated quarter of the year in primetime and the lowest-rated quarter in its history in the demo for the business day, 9 a.m.-5 p.m. CNBC has been looking to broaden its primetime slate with reality TV formats. To date, its most successful such bid has been its reruns of ABC’s Mark Burnett-produced Shark Tank.

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Former CNBC Reporter Mines Mercantile Exchange Days for Debut Novel

DangerousTradesCoverIt’s been a while since Jeff Leshay earned his living as a journalist. But the newsroom and field notes he took in the 1990s, prior to easing into PR, proved invaluable for the writing of his first novel.

From an interview feature by Sun-Times Media columnist Jackie Pilossoph:

“I think it makes sense — write about what you know, as the saying goes,” said Alec Sirken, who worked with Leshay at CNBC and is now a producer for CBS News in New York. “Jeff certainly knows about the oil industry. He’d always talk about the characters he met who worked in the industry, so it’s not surprising that he remembered some of the tales and embellished them in a novel.”

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Morning Media Newsfeed: Amazon Adds McGrath to Board | Gifford Pens Today Musical

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Amazon Adds Former MTV CEO Judy McGrath to Board (Re/code)
As Amazon continues its push into becoming a big creator of online TV shows, it’s adding some serious media expertise to its board. The company said on Friday that it had elected longtime former MTV CEO Judy McGrath to its board of directors, effective Oct. 1. Deadline Hollywood As an incentive to stay, she received rights to 2,520 shares convertible at a rate of 840 a year over three years beginning August 2015. Variety Since June 2013, McGrath has been president of Astronauts Wanted: No Experience Necessary, a digital-content joint venture between McGrath and Sony Music Entertainment. She had run Viacom’s MTV Networks from July 2004 until May 2011, and had been part of the startup team that launched the music cabler in 1981. THR McGrath was also appointed to the Leadership Development And Compensation Committee at Amazon, according to a Friday SEC filing. On Friday, Amazon’s shares were trading at $308 each. Amazon launched a streaming music service called Prime Music earlier this year, and it said a week ago it will be spending $100 million on original content this quarter to beef up its Prime Instant Video Service, which competes with Netflix, Hulu and other streaming video services. Forbes The appointment makes McGrath the third woman out of 10 current directors to sit alongside CEO and chairman Jeff Bezos, joining Patricia Stonesifer, CEO of non-profit Martha’s Table, and Jamie Gorelick, former deputy U.S. Attorney General.

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Morning Media Newsfeed: NYT Profit Plummets | Twitter Beats Street, Stock Soars

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NYT Profits Plummet 21 Percent (FishbowlNY)
As usual, the New York Times’ earnings report features both good and bad news. While the Times’ digital subscriptions continued to grow, the lack of print ad dollars weighed the paper down. HuffPost / AP The New York Times Co. on Tuesday reported earnings that declined by 54 percent in its second quarter, and missed analysts’ expectations. The New York-based company said net income declined to $9.2 million, or 6 cents per share, from $20.1 million, or 13 cents per share, in the same quarter a year earlier. Financial Times Adjusted operating profit, which strips out some one-time items including retirement costs and depreciation, fell 21 percent to $55.7 million. A fall in advertising sales and stepped-up investment in digital products sapped second-quarter profit at the Times as the publisher forecast flat circulation revenue and further declines in advertising in the coming months. Poynter / MediaWire The Times added 32,000 digital subscribers in the second quarter of 2014. The number was driven by its new products — the NYT Now and NYT Opinion apps and the new Times Premier subscription tier. Paid digital-only subscribers now total 831,000, the company said. Revenue from those subscriptions jumped 13.5 percent, to $41.7 million, from the same period a year ago. Total circulation revenue increased 1.4 percent. Mashable During the quarter, the company’s flagship newspaper fired top editor Jill Abramson and replaced her with former managing editor Dean Baquet. A Times spokesperson said at the time that Arthur Sulzberger Jr., publisher of the Times and chairman of The New York Times Company, was spurred by a desire to change how the newsroom was managed.

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Morning Media Newsfeed: Major Changes Hit Condé Nast | MTP May Oust Gregory

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Major Executive Changes at Condé Nast (FishbowlNY)
Big changes have just hit Condé Nast. Editorial director Tom Wallace and COO and CFO John Bellando are both leaving the company, while David Geithner — a former veteran of Time Inc. — is joining as CFO. Capital New York Wallace, who had previously served as editor-in-chief of Condé Nast Traveler, had been editorial director since 2005, helping to craft a consistent brand across the company’s many glossies and its many special editions. WWD / Memo Pad Several other major management changes were revealed, including the expansion of responsibilities of Robert A. Sauerberg Jr., president of Condé Nast. According to a memo, Sauerberg “will assume a leading role in all revenue generation activities, including taking direct responsibility for the Condé Nast Media Group, as well as brand revenue growth.” This will expand his areas of responsibility beyond the management of digital, technology, consumer marketing, business development, corporate administration and Condé Nast Entertainment. THR Bellando joined the company’s executive ranks in 1999. Geithner had spent more than two decades at Time Inc. prior to the appointment at Condé Nast. Most recently, Geithner served as the EVP and president of Time Inc.’s Entertainment Group, and exited the company earlier this year as part of the reorganization prior to the spinoff of the publisher from Time Warner. Time Inc. chairman and CEO Joe Ripp announced Geithner’s departure in a memo on Feb. 4, singling out his contributions to People, Entertainment Weekly and InStyle. WSJ The changes come as Condé Nast, a unit of Advance Publications Inc., is pushing to capture more digital related advertising dollars. Earlier this month, Condé Nast launched a new online video hub called The Scene, intended to serve as a home for all its video channels, including original programming such as The Single Life and Strictly Ballet.

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