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Posts Tagged ‘Danny Zappin’

Morning Media Newsfeed: Tribune Rebrands | Gannett to Split, Buy Cars.com

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Tribune Gets New Name Ahead of Split (TVSpy)
Tribune Company began operating under a new, but similar, name Monday: Tribune Media Company. The rebranding came as the broadcasting and publishing divisions of the 167-year-old company split. TVNewser Tribune Media Company includes Tribune Broadcasting, WGN America, Tribune Studios, Tribune Digital Ventures and Tribune Real Estate. Variety The overhaul comes with a new logo and corporate website. Tribune has labored under the cloud of bankruptcy and plunging ad revenues for years, leading to its fissure into two companies. Tribune’s papers, which include the Los Angeles Times and the Chicago Tribune, will begin trading Tuesday as a new company, Tribune Publishing. It will be listed under the symbol TPUB on the New York Stock Exchange. It has been saddled with $350 million in debt and faces a cloudy future as revenues and readership of newspapers continue to decline. THR Tribune Media CEO Peter Liguori has said the separation will allow investors to put money into either the broadcast or print assets of Tribune, or both. The spinoff is mindful of the split of Rupert Murdoch’s News Corp and 21st Century Fox. USA Today Tribune’s shareholders receive a quarter of a share of Tribune Publishing’s common stock for each Tribune share they own. After years of management turmoil and dealing with heavy debt, Tribune, based in Chicago, emerged from a four-year bankruptcy process in early 2013 with the intent to focus on broadcasting. In July 2013, Tribune announced early plans to spin off the publishing unit that would operate on its own without affecting the financial performance of its other, more profitable businesses.

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Morning Media Newsfeed: Colbert to Late Show | CNN Revamps Primetime | ABC News Ups Goldston

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Stephen Colbert to Succeed David Letterman as Host of The Late Show (TVNewser)
It’s official: Stephen Colbert will take over as the host of CBS’ The Late Show when David Letterman retires next year. Specifics of Colbert’s show — including the premiere date, producers and location — will be determined after the timeline is decided for Letterman’s retirement, CBS said. Capital New York The rank and file at The Colbert Report, his Comedy Central show, are operating on the assumption they are invited to follow the comedian to staff The Late Show and stay in New York, someone familiar with Colbert’s transition plan said. Variety When Colbert sits behind the desk of the CBS program, he will do it with a new presentation — not as the right-wing caricature he plays in his current perch on Comedy Central. “He is not going to play that character,” said Nina Tassler, chairman of CBS Entertainment, in an interview. THR / The Live Feed The Colbert Report, which launched in 2005, has earned an Emmy win for outstanding variety series (2013) and three Emmy wins for writing for a variety, music or comedy program (2013, 2010, 2008). Before that, Colbert spent eight years as a correspondent on Comedy Central’s The Daily Show With Jon Stewart as an on-air personality and writer of news satire. He also has written two books — I Am America (And So Can You!) and America Again: Re-Becoming The Greatness We Never Weren’t — and won a Grammy for spoken word for America Again earlier this year. Mashable Several media outlets quoted network executives saying the deal came together quickly after Letterman’s retirement, including breakneck negotiations with several candidates. Craig Ferguson, whose Late Late Show comes on after Letterman’s, was never seen as a true contender for the slot; it remains to be seen whether he’ll stick around after being passed over. Other names thrown in the mix were Chelsea Handler and Neil Patrick Harris — but even as top contenders, they were dark horses at best. For nearly 18 months, Colbert was always CBS’ guy.

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Maker Studios Co-Founder Acquires NewMediaRockstars

Not too long ago, like everyone else in the Web video content media space, newmediarockstars.com was covering the turmoil at Maker Studios and the exit of CEO Danny Zappin. Today, Zappin is on the site again but this time in a completely different context, under the headline “I Guess That Fortune Cookie Was Right”.

Zappin has purchased all assets of NMR from founding investor Ryan Devitis. And he’s got big plans:

NMR original CEO Benny Luo, who had left to work on other startups, returns to the site as president, and will retain an ownership stake in the business. NMR editorial chief Alan Van will continue at NMR in the editor role.

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