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Posts Tagged ‘David Gregory’

Morning Media Newsfeed: 550 Buyouts, Layoffs at Turner | Amazon Acquires Twitch

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550 Buyouts, Layoffs Imminent at Turner; HLN, CNN Among Cuts (The Wrap)
Some 550 buyouts are to be offered at Time Warner’s Turner network this week, including a large number of those at CNN and HLN, which will lead to layoffs if they are not taken voluntarily, according to an individual with knowledge of the network’s plans. TVNewser CNN chief Jeff Zucker will certainly want to protect CNN’s investment in original series and documentaries; the type of programming he’s gone all in on since taking the reins last year. Which departments and programming are affected by cuts remains to be seen. Variety Word of the staff cuts comes at a time when key Turner nets are at a crossroads. Turner’s entertainment networks are poised for a management overhaul following the departure in April of Steve Koonin as entertainment group chief. Meanwhile, CNN sibling HLN has been rumored to be in for a major makeover, possibly in a partnership deal between Time Warner and Vice Media. B&C The buyouts are part of the Time Warner unit’s efforts to cut costs as part of new CEO John Martin’s Turner 2020 plan aimed at cutting costs and aligning spending with company priorities. Turner officials had no comment, but sources said that the voluntary layoffs will be offered throughout Turner, including its news networks CNN and HLN, as well as its entertainment networks, including TNT and TBS. The company is not aiming at a specific headcount but rather is seeking to hit an expense number that includes personnel and other costs. THR The plan at Turner, which employs about 14,000 people worldwide, involves a formula that will allow workers at least age 55 and with a certain number of years seniority to take a buyout somewhat more generous than the usual two weeks of pay for every one year of service, according to a person familiar with the situation.

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Morning Media Newsfeed: Condé Nast Names CMO | Gregory Writing Book on Jewish Faith

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Edward Menicheschi Named CMO of Condé Nast (FishbowlNY)
Edward Menicheschi has been named chief marketing officer and president of Condé Nast. Menicheschi most recently served as Vanity Fair’s VP and publisher. New York Post Menicheschi will replace Lou Cona, who is getting the boot. Some were speculating that Gina Sanders, the president of Condé’s Fairchild division, might land the vacant Vanity Fair job now that her group is being sold to Penske Media Corp. Capital New York Cona has served as the media group’s president and chief revenue officer since April 2013. As home to the publisher’s corporate and digital sales and marketing teams, the division is a central corridor of business-side power. Cona first ascended the corporate ladder to the media group in 2010 after his own stint as Vanity Fair’s vice president and publisher, and a run at The New Yorker before that. WWD Cona’s departure came as a surprise to some within Condé. In April 2013, he was promoted after he mused about retiring at the ripe age of 55. TheWrap Prior to Menicheschi’s role at Vanity Fair, he was president of WWD Media Worldwide. He has held a number of senior roles at Vogue and GQ.

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Morning Media Newsfeed: Gore Sues Al Jazeera | MTP Pays Tribute to Gregory

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Al Gore Sues Al Jazeera Over $500 Million Current TV Deal (Bloomberg)
Former U.S. Vice President Al Gore has sued Al Jazeera, claiming the satellite news provider owned by the Qatari royal family owes him and a partner $65 million from a deal to buy his network, Current TV. TVNewser “Our outside counsel is reviewing the complaint,” an Al Jazeera spokesperson said. “We think it relates to a commercial dispute between former shareholders of Current Media and Al Jazeera America. We may have further comment once they’ve fully reviewed everything.” Politico / Dylan Byers on Media Gore and business partner Joel Hyatt, the co-founders of Current Media, say that Al Jazeera has unlawfully refused to turn over tens of millions of dollars currently located in an escrow account. That money is owed to Current Media shareholders per the terms of the $500-million merger agreement made in January 2013, the plaintiffs say. New York Post Gore, 66, was set to personally pocket an estimated $100 million on the sale of his 20 percent stake in the network, which he helped found in 2004. Mediaite In a statement, Gore’s lawyer said, “Al Jazeera America wants to give itself a discount on the purchase price that was agreed to nearly two years ago. We are asking the court to order Al Jazeera America to stop wrongfully withholding the escrow funds that belong to Current’s former shareholders.” It should be noted that last year, Gore himself was sued for the sale of Current TV.

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Morning Media Newsfeed: Gregory Out, Todd in at MTP | Journalists Face Backlash in MO

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It’s Official: Chuck Todd Named Host of Meet The Press (TVNewser)
As expected, NBC News has announced that Chuck Todd will be the next moderator of Meet The Press. CNNMoney The announcement confirmed widespread speculation that David Gregory, the moderator of the Sunday morning public affairs program for the past six years, would be replaced by Todd, the NBC News political director. FishbowlDC Turness also confirmed that after 20 years with NBC News, Gregory bids farewell, which he announced earlier in the day on Twitter. Todd will take reigns of the program on Sept. 7. Andrea Mitchell will moderate this weekend. FishbowlDC Gregory tweeted, “I leave NBC as I came – humbled and grateful. I love journalism and serving as moderator of MTP was the highest honor there is.” TVNewser Gregory, who joined NBC News in 1995, has hosted Meet The Press for six years, since the death of Tim Russert in 2008. During Gregory’s tenure, the show slipped in the ratings, first losing ground to CBS’ Face The Nation, and, more recently, frequently placing third behind FTN and ABC’s This Week. No word yet on what is next for Gregory, who was recently spotted meeting with CNN Worldwide president Jeff Zucker.

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Morning Media Newsfeed: Todd Eyed for MTP | LA Times Names Publisher, CEO

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Meet The Press Reportedly Plans to Announce New Moderator Soon, Chuck Todd The Favorite (Politico / Playbook)
Chuck Todd, a political obsessive and rabid sports fan, is the likely successor to David Gregory as moderator of Meet The Press, with the change expected to be announced in coming weeks, according to top political sources. TVNewser Meet The Press has slipped to third among the Sunday public affairs shows. Todd is currently NBC’s chief White House correspondent and political director, as well as the anchor of the 9 a.m. Daily Rundown on MSNBC. FishbowlDC The New York Post’s Page Six first reported in late July that Gregory may soon be replaced. The Daily Beast’s Lloyd Grove later wrote in a follow-up piece that, “In multiple conversations that I had with people inside and outside NBC after the item appeared, it was taken as a given that Gregory is toast.” TVNewser Fox News Sunday host Chris Wallace appeared on MediaBuzz to give his thoughts on the rumors and the influence of Sunday shows today. “I think it’s lousy,” Wallace said about how NBC News is treating Gregory amid rumors of his imminent ousting. FishbowlDC “I think they either ought to say he’s our guy, we’re sticking by him, or they ought to get rid of him, but they shouldn’t put him in this limbo,” said Wallace.

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Wild Drones | Meet the Meeting | Thanks to Us

TVSpy: New York, according to Senator Charles Schumer, is the “Wild West of drones.” If that doesn’t sound like a Michael Bay movie, we don’t know what does.

FishbowlDC: Meet The Press host David Gregory might have met with CNN. The topic of discussion? The pros and cons of bananas.

TVNewser: According to Al Jazeera America, Al Jazeera America has been doing great work on the Israel-Gaza conflict.

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: Zakaria Joins The Atlantic | The Hill Names Cusack Editor-in-Chief

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Fareed Zakaria to Join Atlantic Media as Contributing Editor (FishbowlDC)
Atlantic Media announced Monday that Fareed Zakaria will join The Atlantic and Quartz as a contributing editor in September. In this role, he will write for The Atlantic and participate in AtlanticLIVE and Quartz events. FishbowlNY Zakaria will continue his current roles as host for CNN and a columnist for The Washington Post. HuffPost “I have read The Atlantic with pleasure for three decades,” Zakaria said. “It is the best forum for ideas in the world and I’m delighted to be a part of it and Quartz.” Poynter / MediaWire Zakaria will cover “pressing world matters and culture”, and his work will appear both in the magazine and on TheAtlantic.com, according to Atlantic Media. Politico / Dylan Byers on Media Zakaria’s first event with the company will be Quartz’s The Next Billion: A Connected World conference in New York in November.

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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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Too Close | Self Help | Pressed Into a Change

TVSpy: An Oklahoma station has apologized for almost enjoying hip-hop.

GalleyCat: For the second straight weekSweet Addiction by J. Daniels leads the self-published Bestsellers List. See? If you’d just publish that novel yourself…

FishbowlDC: David Gregory might soon be replaced as the host of Meet The Press by Sinbad. Kidding! Or are we?

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