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Posts Tagged ‘Courage in Journalism Awards’

Morning Media Newsfeed: AT&T to Acquire DirecTV | NYT Publisher Speaks | CNN Fires Editor

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AT&T to Buy DirecTV for $48.5 Billion (NYT / DealBook)
AT&T formally agreed on Sunday to buy DirecTV for about $48.5 billion, striking another transaction meant to overhaul the American telecommunications landscape. CNNMoney The boards of the two companies met on Sunday to approve the plan. “This is a unique opportunity that will redefine the video entertainment industry and create a company able to offer new bundles and deliver content to consumers across multiple screens — mobile devices, TVs, laptops, cars and even airplanes,” said Randall Stephenson, the chief executive of AT&T, in a statement. WSJ Just months ago, Comcast Corp. announced a $45 billion agreement to buy Time Warner Cable, a combination that would serve close to 30 million video subscribers, after proposed divestitures. Meanwhile, Sprint Corp. continues to work on a bid for smaller rival T-Mobile US Inc., people familiar with the matter say. The deal for DirecTV gives AT&T almost 26 million pay TV subscribers and a national footprint in the business at a time when the telecom carrier sees video delivery as core to its future. The Associated Press Dallas-based AT&T’s proposed combination could improve its Internet service by pushing its existing U-verse TV subscribers into video over satellite service, and thereby free up bandwidth on its telecommunications network. AT&T currently offers a high-speed Internet plan in a bundle with DirecTV television service. The acquisition would help it further reap the benefits of that alliance. DirecTV would continue to be based in El Segundo, Calif., following the merger. The companies expect the deal to close within 12 months following a government review.

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Fifty Years After Starting Out as a Journalist, Edna Machirori Accepts IWMF Award

Edna Machirori, the first black female editor in the Zimbabwean media, earned her journalism degree at the New York Institute of Technology in the 1970s. Last night, the 69-year-old trailblazer was back in Manhattan to accept a Lifetime Achievement honor at the International Women’s Media Foundation (IWMF) 2013 Courage in Journalism awards.

She called the prize the “climax of her career” and said that the training she received in NYC helped her deal with the “personal attacks, threats, put-downs, discrimination and disparagement” that followed. Sometimes even within her own professional ranks.

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