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Posts Tagged ‘Daniel Frankel’

Daniel Frankel Will Now Get Paid to Promote Other People’s Content

In her piece about journalist Daniel Frankel’s decision to jump over to the PR side, Anne Thompson suggests that exodus has been increasing lately. We’re not so sure.

Fact is, PR has always been an attractive, cushier, higher-paid alternative to daily news reporting. In Frankel’s case, after he was recently let go from PaidContent. From Thompson’s write-up:

He worked on various beats at Variety from 2001 until he was laid off (along with me and many others) during the recession of 2009. Sharon Waxman brought him in as news editor and senior writer for TheWrap, where he endured until the end of 2011, leaving to become west coast senior editor for PaidContent, where he covered the entertainment media/tech beat. It seemed a perfect fit–until PaidContent was taken over by GigaOM, which had its own set of writers.

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Daniel Frankel Revisits Variety Sweepstakes

One of the first reporters to accurately gauge the level of interest in a purchase of Variety has a follow-up piece tonight. This time, paidContent senior writer Daniel Frankel focuses on the eventual final price tag.

According to Frankel’s sources, a recent New York Post article was not entirely on the money. In addition to the hidden costs revealed once the trade is fully detached from its parent company, there will also be the matter of post-deal expenditures:

“That $40 million is a pretty considerable amount of money, but the problem is you’re not done at $40 million,” said one knowledgeable individual, who spoke at length to us. “You’re buying a property that’s had a decade of deferred maintenance. Whoever underwrites this is going to have to do this with a plan of investing significantly post-purchase.”

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Report: TheWrap, Penske and Ron Burkle in Hunt for Variety

Ever since Daniel Frankel at PaidContent revealed that 11 entities were interested in looking at the Variety books, the race has been on among media watchers to identify authoritatively who those parties might be.

The New York Post today seems to have claimed these honors. Per a Page Six report:

Billionaire Ron Burkle is looking to further extend his influence in Hollywood by buying entertainment trade paper Variety, sources tell Page Six. Taking over Variety would continue supermarket magnate Burkle’s buying spree, which this year alone includes investments in industry hangout Soho House, BlackBook Media, Ryan Kavanaugh’s Relativity Media, concert-booking firm Artist Group International and UK agent Duncan Heath’s Independent Talent Group. He’s also an investor in numerous Harvey Weinstein films and Al Gore’s Current TV.

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A Picture Worth a Thousand Bylines

Since launch in 2009, TheWrap has proven to be a fertile training ground for entertainment journalists. Among the earliest examples of reporters who worked under Sharon Waxman before moving on to other outlets are Amy Kaufman (now with the LA Times), Josef Adalian (Vulture), Hunter Walker (New York Observer), Josh Dickey (Variety), Jeff Sneider (Variety) and Dominic Patten (Deadline).

Still, with the recent departure of Jason Scoggins, Cindy Kaplan and Joshua L. Weinstein for Film Funds LLC, the following photo now stands as a rather graphic representation of the kind of turnover Waxman (and others in the space like The Hollywood Reporter and the LA Times) must sometimes deal with. Of the ten people flanking Waxman in this April 1, 2011 birthday celebration snapshot obtained by FishbowlLA, only one person remains employed with the start-up company today.

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Report: Eleven Potential Bidders Circling Variety

The latest news about the impending sale of Variety comes courtesy of gigaOM-paidContent senior writer Daniel Frankel. According to his source, just under a dozen groups are currently evaluating the possibility of acquiring the only Hollywood trade behind a paywall:

A Variety staff member who was briefed by management on the status of the sale told paidContent that 11 potential bidders have asked to see the deal book. He wouldn’t disclose who those bidders are…

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TheWrap’s Daniel Frankel Segues to PaidContent.org

It took some time, but PaidContent.org has finally found someone to step into the slot previously occupied by Andrew Wallenstein. Starting January 9, Daniel Frankel—formerly of TheWrap and Variety (pictured)—will take over as west coast based senior editor. His last day at TheWrap was December 30.

“PaidContent has been trying to establish a west coast operation for a while,” Frankel tells FishbowlLA via telephone. “We had some talks last spring and then continued talking. PaidContent also lost David Kaplan, so I will be doing some coverage of New York advertising and publishing as well.”

Frankel, who will be home-based, is familiar with that territory from his days with Adweek. He comes to PaidContent after a long stint at TheWrap as news editor and senior writer. After being laid off at Variety the same day as Mike Speier, Frankel began freelancing for the latter at TheWrap in May of 2009 and joined the website’s staff in October of that same year.

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TheWrap News Editor Dumbfounded by E! Murder Mayhem

Before joining TheWrap, news editor Daniel Frankel was a writer at Variety, Mediaweek, and E! This afternoon, he faced the unfortunate task of filing a brief exclusive report about a murder apparently commited by one of his former E! co-workers:

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Trade Round-Up: August 21, 2007

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Variety’s Daniel Frankel and Ben Fritz tag team on a story about the drama surrounding Paramount and DreamWorks Animation’s DVD decisions. Paper announced on Tuesday that the studios have exclusively picked HD DVD for all future releases. The story details the move, saying that it’s the third by Paramount in an “ongoing format war,” not to mention DWA’s Jeffrey Katzenberg’s back-and-forth quotes on the format. Katzenberg normally isn’t one to second-guess major decisions, so read all of Variety’s archive reporting here.

Jennifer Garner is headed to the Great White Way, reports Variety. The “Alias” actress has signed on to star opposite soon-to-be big-nosed Kevin Kline in a revival of “Cyrano de Bergerac.” The role will be Garner’s first foray to the Broadway stage. Well, kind of. She served as an uderstudy in the 1995 revival of “A Month in the Country.” But film auds have no need to fret: she’ll be back on the big-screen soon in Uni’s “The Kingdom” and Fox Searchlight’s “Juno.”

Bidding wars are few and far between these days in Hollywood. However, a hot one has recently gone down with Universal cashing its way to the top of the crop to acquire “Lone Survivor.” The story centers on the life of Marcus Luttrell, a Navy Seal who led a team into Afghanistan in search of a major Taliban leader. THR dishes the details on the new deal, which include Peter Berg on board to direct.

Speaking of new projects, THR has also the scoop on another redo, this time about the sci-fi thriller “Logan’s Run.” The long-in-development Warner Bros. project will be directed by commercial helmer Josesph Kosinski and THR’s Borys Kit gives all the back-story in today’s report.

Variety also has a couple song and dance stories to fill the paper today. On the heels of news that “Hairspray” has become only the third recent musical to cross $100 million at the domestic box office, Michael Fleming reports that Rob Marshall and Harvey Weinstein are prepping a “Chicago” follow-up with “Nine.” Penelope Cruz, Marion Cotillard and Javier Bardem are on board. Get the rest of the musically-charged deets here.

- CHRIS GARDNER