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Posts Tagged ‘Disney’

Morning Media Newsfeed: Cuts Hit CNN, HLN | Nielsen Revision Puts Nightly News on Top

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Layoffs Begin at CNN (TVNewser)
Layoffs have begun at CNN. As many as 300, or 8 percent, of CNN’s workforce is being cut in Atlanta, Washington, D.C., New York and Los Angeles. FishbowlDC Up to 28 positions are rumored to be eliminated Tuesday and Wednesday from CNN’s Washington bureau. In August, Turner sent out an email to staff including those at CNN, offering a voluntary separation program to employees 55 and over who have worked for Turner for 10 or more years. Mashable CNN has cut Christiane Amanpour’s entire staff in New York as part of the cable news channel’s restructuring. Amanpour, CNN’s chief international correspondent and anchor of a nightly foreign affairs program, will continue to produce international news segments for the network. TVNewser Jane Velez Mitchell’s nightly HLN show has been canceled as part of the cuts. Velez Mitchell will be leaving the network, as will the staff of the show — in all about 15 HLN employees. Capital New York In addition, CNN has shuttered its entertainment news unit, with some staff being laid off and others being folded into other departments. In addition, Darius Walker, VP and Northeast bureau chief, will leave the company. Politico / Dylan Byers on Media The cuts are hitting all of CNN’s bureaus, with several back-office and corporate layoffs hitting Atlanta last week. Turner Broadcasting is restructuring under a “2020″ plan, which will cut the company’s total workforce by 10 percent, eliminating nearly 1,500 positions across their channels. CNN is expected to reduce its workforce by about 8 percent. More layoffs are expected Wednesday.

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Morning Media Newsfeed: Piers Morgan Lands New Gig | News Corp. Buys Realty Business

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Piers Morgan Named Editor-at-Large of MailOnline (TVNewser)
Former CNN host Piers Morgan is joining MailOnline as editor-at-large. Morgan will write several times a week, while pursing new TV ventures in the U.S. He is a former editor of British tabloids the News of The World and the Daily Mirror. THR MailOnline is the online version of the U.K.’s Daily Mail newspaper and claims to be the biggest English-language newspaper website in the world. Morgan announced in September that he’d left CNN, several months after his eponymous talk show was canceled. He added in tweets about his departure that he’d turned down a two-year deal from CNN president Jeff Zucker to host several interview specials. Politico / Dylan Byers on Media “As editor-at-large (U.S.) I plan on breaking down the biggest stories that matter to Americans and analyzing them in a way that will generate discussion and create debate,” Morgan, 49, said in a statement. Deadline Hollywood In the U.K., Morgan is known for being named youngest ever editor of the News of The World and youngest national newspaper editor in Britain in half a century, when Rupert Murdoch gave the 28-year-old him the gig in 1994. After two years, he joined the Daily Mirror as editor-in-chief, which he left in 2004 and became a media columnist and host of interview shows on ITV and the BBC. He also appeared as a judge alongside pal Simon Cowell on Britain’s Got Talent. NYT In the U.S., MailOnline reaches more than 35 million unique readers a month, according to comScore, a total that has increased by 30 percent from the year before and continues to grow.

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Morning Media Newsfeed: Dish, Scripps Make Online TV Deal | Sponsors Back Away from NFL

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Dish Gets Scripps Networks Rights for Online Video Service (THR)
Pay TV company Dish Network and Scripps Networks Interactive on Tuesday announced a multi-year carriage renewal for the latter’s lifestyle cable TV networks. Deadline Hollywood HGTV, Food Network and Great American Country are among the Scripps Networks Interactive channels that will be part of the package that Dish Network is assembling for its planned broadband video service that will target young viewers who want a low-cost alternative to the full pay TV bundle that many consider to be too expensive. Re/code The service is supposed to launch this year. Like pacts Dish has previously made with Disney and A&E, the agreement is part of a larger distribution deal for the satellite TV company. Last week, Sony announced that it had made progress on its own Web TV plans by signing up Viacom. Variety In addition to the over-the-top streaming rights, the pact expands Dish’s distribution of authenticated live and VOD programming on Internet-connected devices and widens distribution of DIY and Cooking Channel to Dish’s America’s Top 200 satellite TV package. The OTT rights under the deal with Scripps Networks let Dish deliver multiple streams per household. “This first-of-its-kind OTT deal for Scripps Networks Interactive enables us to reach even more people through Dish’s innovative services,” said Ken Lowe, Scripps Networks Interactive president and CEO. New York Post Dish chairman Charlie Ergen was on the East Coast last week wooing programmers to the new platform, sources said. Dish is one of the first companies to risk cannibalizing its existing pay-TV product to be a first mover in burgeoning Internet-based TV space.

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Morning Media Newsfeed: Bloomberg Back to Lead Company | Obama Vows Justice for Sotloff

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Michael Bloomberg to Return to Lead Company He Founded (NYT)
Michael R. Bloomberg has decided to reassume the leadership of his business empire only eight months after ending his final term as mayor of New York. Late Wednesday, Bloomberg told close confidants and senior executives of Bloomberg LP, a financial data and media company, that Daniel L. Doctoroff, its chief executive and a longtime friend and lieutenant, would leave the company at the end of the year and that he would take over. FishbowlNY It seems like only yesterday that Bloomberg was chiding us for drinking large sodas and eating too much salt. In fact, that was about nine months ago. During the time since he vacated the mayor’s office, Bloomberg has become bored. And so he’s returning to a little company called Bloomberg LP, as its CEO. WSJ In a statement, Bloomberg said he hadn’t intended to return to Bloomberg LP after his mayoral stint was completed. “However, the more time I spent reacquainting myself with the company, the more exciting and interesting I found it — in large part, due to Dan’s efforts. I have gotten very involved in the company again and that led to Dan coming to me recently to say he thought it would be best for him to turn the leadership of the company back to me.” NPR / The Two-Way Both Bloomberg and Doctoroff, a former deputy mayor under Bloomberg before being tasked with running the company, told the Times that there was no animosity between them regarding the shift. Forbes Bloomberg only had praise for his former deputy, who took revenues from $5.4 billion in 2007, just before he became president, to more than $9 billion this year.

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Morning Media Newsfeed: Vice Sells Stake to A&E | Chelsea Clinton Leaves NBC News

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Vice Media Stakes Future on A&E Networks Deal (NYT)
After spending the summer flirting with various suitors, Vice Media said on Friday that it was close to choosing a partner: A&E Networks. TVNewser The investment was announced after Time Warner ended its negotiations with Vice Media. The talks, which had been going on for months, included a plan to spin off Time Warner’s HLN network and refashion it into a Vice channel. The Brooklyn-based media company includes a magazine, book publishing, a massive online presence and gritty, global documentaries which are carried on Time Warner’s HBO. WSJ A&E Networks is nearing an agreement to buy 10 percent of Vice Media for $250 million, in a deal that would value the youth-focused online media company at $2.5 billion, according to people familiar with the matter. Financial Times Last year, Vice sold a 5 percent stake to Rupert Murdoch’s 21st Century Fox for $70 million, which then valued it at $1.4 billion. THR Vice CEO Shane Smith, who co-founded the company 20 years ago, has long wanted to expand into traditional TV. A&E, led by Nancy Dubuc, is a co-venture of Hearst Corp. and Disney/ABC Television Group.

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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: CNN Slashes Jobs | Networks Cover Benghazi Emails | Viacom Profit Up

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50 Positions Cut Across CNN (TVNewser)
CNN has eliminated at least 50 positions across several divisions. Employees in New York, Washington, D.C. and Atlanta at CNN Digital, CNN Money, Newsgathering and the CNN Library were told their positions are changing. Thursday’s cuts follow the elimination of 16 positions last month from the image and sound unit in Atlanta. A CNN insider said the changes are related to the integration of television and digital newsgathering. Capital New York There is not expected to be any reduction in employee headcount. While some positions are being eliminated, the same number of new jobs will be created, albeit with different descriptions or responsibilities. CNN is encouraging affected employees to apply for the new jobs, which are expected to start posting as early as this week. TheWrap CNN president Jeff Zucker met with newsroom reporters on Thursday to tell them the bad news. The cuts mainly affect news producers and managers, some of whom will be invited to reapply for new or “updated” positions at lower salaries. The insider said Zucker’s plan is to reduce packaged news stories to three or four per day and described the reaction in the newsroom as “shell-shocked.” Variety Under Zucker, the news network has been placing more emphasis on live coverage of breaking events as well as documentaries, leaving less room for the creation of pre-taped video packages that had been more of a staple on the network. THR / The Live Feed With the Time Inc. spinoff from Time Warner set for later this year, the CNN Money website is planning on separating Fortune magazine into a standalone entity on June 1. Fortune and Money magazines are currently housed on the CNN Money site.

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Morning Media Newsfeed: Netflix to Up Prices | NBC Evaluates Gregory | Slate Plus Launches

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Netflix Plans Price Raise as Streaming Subscribers Grow (Reuters)
Video streaming service Netflix Inc. said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers. WSJ Netflix said the price increase for the $7.99 a month service, the first since 2011, would help pay for its continued investment in original programs, including series such as House of Cards and Orange Is The New Black. Netflix has committed to spend billions of dollars in programming in the past few years as it has grown to become the biggest stand-alone subscription programming service in the U.S., passing some long-standing traditional TV outlets like HBO in terms of subscribers. Mashable Current subscribers would stay at the $7.99 price for a “generous time period,” the company wrote in a statement to investors. “Our current view is to do a one or two dollar increase, depending on the country, later this quarter for new members only,” the company wrote. The news came as Netflix announced that it added 4 million new members in the first quarter of 2014, as the company beat revenue and profit expectations. Variety In after-hours trading Monday, Netflix’s stock climbed as much as 7 percent to $372.05 per share, after closing up 0.8 percent for the day at $348.49. Netflix also said that in the second quarter of 2014, it will launch the first pay-TV integration of its service in the U.S. That’s after lining up deals with European providers including the U.K.’s Virgin Media to provide access to the unlimited streaming-video service through operator-supplied boxes. Deadline New York The company generated $53.1 million in net income in the first quarter of 2014, up from $2.7 million in the same period in 2013, on revenues of $1.27 billion, up 24 percent.

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Morning Media Newsfeed: García Márquez Dead at 87 | Whoopi Gets New Gig | Wallace Re-Signs

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Gabriel García Márquez, Nobel Laureate, Dies at 87 (GalleyCat)
Colombian author Gabriel García Márquez passed away Thursday. He was 87 years old. Time The Nobel Prize-winning author was hospitalized for nine days in late March for an infection in his lungs and urinary tract. He had been recovering in his home in Mexico City since April 8. NYT His death was confirmed by Cristóbal Pera, his former editor at Random House. García Márquez, who received the Nobel Prize for Literature in 1982, wrote fiction rooted in a mythical Latin American landscape of his own creation, but his appeal was universal. His books were translated into dozens of languages. He was among a select roster of canonical writers — Dickens, Tolstoy and Hemingway among them — who were embraced both by critics and a mass audience. The Guardian Journalists gathered outside García Márquez’s house in Mexico City in the hope that one of the family members who was reportedly at his side would emerge. Mexican president Enrique Peña Nieto expressed sadness at the death of “one of the greatest writers of our time,” in the name of Mexico, the novelist’s adopted home. Chilean writer Luis Sepúlveda was quoted by the Mexican newspaper Reforma as saying that he was “the most important writer in Spanish of the 20th century.” WSJ Born in the sleepy town of Aracataca, Colombia, García Márquez was best known for his 1967 masterpiece, One Hundred Years of Solitude. In a career spanning more than 60 years, García Márquez wrote some of the Spanish language’s most revered books, many of which became best sellers in the U.S. They included Autumn of The Patriarch, Chronicle of A Death Foretold, Love in The Time of Cholera and The General in His Labyrinth. García Márquez was also an accomplished journalist, whose lyrical, deeply reported stories first caught the eye of readers in Colombia’s capital, Bogotá, in the early 1950s. He later became renowned not only his profiles of presidents and despots but for the real-life close ties he cultivated with leaders ranging from Fidel Castro to Bill Clinton to François Mitterrand.

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Morning Media Newsfeed: Fox’s 49th Quarter Win | 60 Minutes Owns Up | RIP, @ColbertReport

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2014 Ratings: Fox News No. 1 for 49th Consecutive Quarter (TVNewser)
Fox News finishes its 49th consecutive quarter and 147th consecutive month as the top-rated cable news network, besting the competition in both total day and primetime during the first quarter of 2014. In addition to delivering cable news’ top 14 programs in total viewers and top seven programs in the adults 25-54 demographic, Fox News was the only cable news network to grow compared to the year-ago quarter. Despite a strong March for CNN, MSNBC held on to the second-place spot among the cable news networks in both total day and primetime. HuffPost The disappearance of Malaysia Airlines flight 370 was one of the biggest stories of the month, and CNN — whose obsessive coverage of the plane has brought it both ratings victories and repeated criticism — reaped the rewards in March. The network beat MSNBC in weekday primetime in the demo at the end of the quarter, averaging 240,000 viewers in the 25-54 category to MSNBC’s 201,000. Those numbers represent a 71 percent increase in the demo compared to March 2013. Variety The numbers come as MSNBC pushed hard during the period to cover the “Bridgegate” scandal surrounding New Jersey governor Chris Christie, and they raise the question of whether CNN will be able to sustain its March momentum when and if the MH 370 story loses the interest of news audiences.

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