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Posts Tagged ‘DreamWorks Animation’

Morning Media Newsfeed: Kal Penn Joins Fusion for Midterms | SoftBank, DWA Talks Cool

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Kal Penn Named Special Correspondent of Fusion’s Midterm Mayhem (TVNewser)
Actor Kal Penn is joining Fusion as a special correspondent for its midterm election coverage. Fusion’s election coverage plans include a nightly primetime program Midterm Mayhem: The Ultimate Political Smackdown hosted by Fusion’s Nando Vila. FishbowlDC In addition to its television broadcast, the program will be livestreamed. Midterm Mayhem will be hosted by Vila with contributions from anchors Jorge Ramos and Alicia Menendez and Fusion’s Alice Brennan and Romina Puga. Capital New York Fusion is still modestly distributed, with Comcast, Time Warner Cable and DirecTV among the major distributors that don’t yet carry the channel. The livestream — which will only apply to the month-long midterm election series — is a chance for viewers who don’t get Fusion to sample its programming, with the goal of getting them to lobby their pay-TV provider to carry the channel. The channel held a similar stunt tied to its coverage of the 2014 World Cup from Brazil. THR Penn is known for his roles in the Harold And Kumar trilogy, The Namesake, House and How I Met Your Mother. In 2009, he took a break from acting to work as an associate director of the White House’s Office of Public Engagement, serving as the Obama administration’s liaison to young Americans. Politico / Dylan Byers on Media The show aims to “bring viewers all the essential political news of the day and answer questions of fundamental importance to Fusion’s audience,” the network said in a release. It premieres Sunday, Oct. 5, at 9:30 p.m. and runs until Election Day.

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Morning Media Newsfeed: SoftBank Eyes DWA Purchase | Marvel Settles With Kirby Estate

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DreamWorks Animation in Sale Talks With Japan’s SoftBank (THR)
Japanese conglomerate SoftBank is in talks to acquire DreamWorks Animation in a deal that would value the company at $3.4 billion, according to a source with knowledge of the situation. NYT SoftBank reportedly offered $32 a share for the boutique studio DreamWorks Animation, a 45 percent premium over the share price. That would value it at $3.4 billion. A DreamWorks Animation spokeswoman, Allison Rawlings, on Saturday night said, “We don’t comment on rumor and speculation.” Re/code / Reuters An acquisition of DreamWorks by SoftBank would make the Hollywood studio that created Shrek part of a the communications and media company that, under founder and CEO Masayoshi Son, has shown a willingness to take big bets on combining seemingly unrelated businesses. Two weeks ago, SoftBank booked a $4.6 billion gain on the share listing of Alibaba Group in New York. SoftBank retains a 32 percent stake in the Chinese e-commerce company, making it Alibaba’s biggest shareholder. Deadline Hollywood DreamWorks’ balance sheet had weakened in Q2 with $400 million in debt and $32 million in cash vs. Q2 2011, when it had no debt and $116 million in cash. DreamWorks also disclosed in July that its next two films – The Penguins Of Madagascar and Home – were costing them approximately $10 million more than planned: $135 million not including incentive-based compensation. Variety However, DreamWorks has scored considerably with its fruitful acquisition of AwesomenessTV, a digital network targeting a young online audience — that and its relationship with Netflix likely helped attract the attention of SoftBank. DreamWorks Animation has operated as a publicly traded company since 2004.

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Morning Media Newsfeed: Ravens Cut Rice Following TMZ Video | Todd Wins on MTP

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Ray Rice Cut by Ravens Following TMZ Video Release (TVNewser)
At 4 a.m. ET Monday morning, TMZ posted a video showing Baltimore Ravens running back Ray Rice knocking out his fiancée Janay Palmer — now his wife — in an Atlantic City elevator last February. By 2:30 p.m., Rice had been suspended indefinitely by the NFL and cut by the Ravens. PRNewser The NFL’s SVP of communications Greg Aiello explained things to CNN: “We requested from law enforcement any and all information about the incident, including the video from inside the elevator. That video was not made available to us and no one in our office has seen it until today.” Mashable The video shows a man believed to be Rice and a woman in a lobby at the Revel Casino Hotel in Atlantic City, New Jersey, on Feb. 15, 2014. The woman is believed to be Palmer, now Janay Rice, whom Rice married in March. After entering an elevator, the two briefly scuffle. The man then hits the woman with his left hand, causing her head to appear to hit the handrail in the elevator. The woman then slumps to the ground and does not move. The man then proceeds to drag her out of the elevator while she still appears to be unconscious. Security arrives after that. Variety ESPN host Keith Olbermann has accused the NFL and commissioner Roger Gooddell, among others, of covering up the Rice domestic violence situation. Rice was given a two-game suspension by the NFL last month over the incident, but on Monday, the league suspended the football player indefinitely as a result of the graphic video. Mediaite TMZ founder Harvey Levin said Monday that none of this would have happened, and Rice would have gotten away with it scot-free, had TMZ not put the video online.

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Morning Media Newsfeed: Journalists Under Threat in MO | Broadcasters Aim at Aereo

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Ferguson Police Threaten Journalists (FishbowlNY)
Police in Ferguson, Missouri, have once again clashed with reporters covering the aftermath of the Michael Brown shooting. One cop, who was being filmed by local radio journalist Mustafa Hussein, threatened to shoot if Hussein didn’t stop. MSNBC’s Chris Hayes was also threatened by an officer who said “Get back! Or next time you’re gonna be the one maced.” Three other journalists – Sports Illustrated’s Robert Klemko, The Telegraph’s Rob Crilly and The Financial Times’ Neil Munshi — tweeted that they had been briefly arrested and then released. TVNewser Three more reporters were arrested in Ferguson overnight Sunday, with several more reporting being detained or threatened. FishbowlDC Last Wednesday, The Washington Post’s Wesley Lowery and HuffPost’s Ryan Reilly were arrested inside a McDonald’s and later released. The same night, tear gas was shot at an Al Jazeera America crew in Ferguson. TVNewser As the National Guard arrived in Ferguson, where the overnight curfew has been lifted, the broadcast and cable networks had set plans to continue coverage of the escalating violence there Monday. Brian Williams anchored Nightly News from Ferguson Monday night, and correspondents Ron Allen and Mark Potter reported from Ferguson. ABC News had Steve Osunsami and Alex Perez, CBS News sent Mark Strassmann and Vladimir Duthiers, and MSNBC deployed Hayes and MSNBC.com reporters Trymaine Lee and Amanda Sakuma. CNN’s Anderson Cooper, Don Lemon and Jake Tapper were also in Ferguson, as well as Fox News’ Mike Tobin and Shepard Smith. PRNewser In the wake of the violence, the town of Ferguson has hired a PR firm, Common Ground Public Relations, for communications help. According to a rep from Common Ground, the firm is only handling the deluge of media requests that the city has been getting since protests began about a week ago.

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Morning Media Newsfeed: NYT Amends Article | Two More Charged With Hacking

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New York Times Amends Carol Vogel Article (FishbowlNY)
The first paragraph of Carol Vogel’s July 25 New York Times article no longer reads as it did. The text has been amended and an editors’ note has been added at the bottom. New York Post / Media Ink Vogel is accused of lifting a Wikipedia passage — with a few minor word changes — on the artist’s eccentricities for her lede on a July 24 item, “A Renaissance Master Finally Gets A Showcase.” NYT The Times’ editors’ note, which followed an investigation into Vogel’s work by senior editors, said that the passage “improperly used specific language and details from a Wikipedia article without attribution” and should not have been published in that form. HuffPost The Times’ public editor Margaret Sullivan acknowledged the matter Wednesday, writing that there was “little dispute” that the two paragraphs look very much alike. A spokesperson for the Times said that editors are “not aware of any other problems like this,” adding that, “editors have dealt with Carol on the issue.” Politico / Dylan Byers on Media It’s the second big plagiarism case in the last week. Over the weekend, BuzzFeed fired Benny Johnson after finding more than 40 instances of plagiarism in his work.

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Morning Media Newsfeed: NYT Profit Plummets | Twitter Beats Street, Stock Soars

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NYT Profits Plummet 21 Percent (FishbowlNY)
As usual, the New York Times’ earnings report features both good and bad news. While the Times’ digital subscriptions continued to grow, the lack of print ad dollars weighed the paper down. HuffPost / AP The New York Times Co. on Tuesday reported earnings that declined by 54 percent in its second quarter, and missed analysts’ expectations. The New York-based company said net income declined to $9.2 million, or 6 cents per share, from $20.1 million, or 13 cents per share, in the same quarter a year earlier. Financial Times Adjusted operating profit, which strips out some one-time items including retirement costs and depreciation, fell 21 percent to $55.7 million. A fall in advertising sales and stepped-up investment in digital products sapped second-quarter profit at the Times as the publisher forecast flat circulation revenue and further declines in advertising in the coming months. Poynter / MediaWire The Times added 32,000 digital subscribers in the second quarter of 2014. The number was driven by its new products — the NYT Now and NYT Opinion apps and the new Times Premier subscription tier. Paid digital-only subscribers now total 831,000, the company said. Revenue from those subscriptions jumped 13.5 percent, to $41.7 million, from the same period a year ago. Total circulation revenue increased 1.4 percent. Mashable During the quarter, the company’s flagship newspaper fired top editor Jill Abramson and replaced her with former managing editor Dean Baquet. A Times spokesperson said at the time that Arthur Sulzberger Jr., publisher of the Times and chairman of The New York Times Company, was spurred by a desire to change how the newsroom was managed.

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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: Dean Baquet Treated for Cancer | Julianna Goldman to CBS

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New York Times Editor Treated for Cancer (NYT)
Dean Baquet, the executive editor of The New York Times, had a malignant tumor removed from his kidney on Saturday and will spend about a week away from the office while recovering, he said in an email to the newspaper’s staff on Monday morning. FishbowlNY In the memo to Times staffers, Baquet sounded upbeat about the situation. He described the surgery as “minimally invasive” and “completely successful.” “My doctors have given me an excellent prognosis,” added Baquet. New York Post The tumor was discovered by doctors on June 12, Baquet said in the email — and the decision was made that the situation needed “immediate attention.” HuffPost Baquet assured his newsroom that he would be back “as soon as possible.” “I know this comes as we are all trying to move forward in the newsroom,” he wrote. He told the newsroom in his email that he would be keeping “in touch”with the paper’s leaders while he stayed at home to recover. Capital New York The news of Baquet’s illness comes promptly after a period of upheaval at the paper. Baquet, 57, took the top editorial position on the Times masthead only last month, after the surprise dismissal of Jill Abramson. As managing editor, Baquet had been Abramson’s second in command. He has yet to appoint his own.

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Morning Media Newsfeed: Prometheus Buys Mediabistro | FNC Books Clinton | Fox’s Reilly to Step Down

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Prometheus Global Media to Acquire Mediabistro (FishbowlNY)
Thursday morning, Mediabistro announced that it has entered into a definitive agreement to sell its editorial and e-commerce assets to PGM-MB Holdings, LLC, a wholly-owned subsidiary of Prometheus Global Media, for $8 million cash. FishbowlDC As part of the deal, PrometheusGM will add to its portfolio mediabistro.com and editorial sites including FishbowlDC, FishbowlNY, TVNewser and PRNewser, as well as the Mediabistro Job Board, and Mediabistro’s education business. THR Prometheus Global Media is the parent company of The Hollywood Reporter, Billboard and Adweek magazines. Mashable The deal still needs shareholder approval, which could happen by mid-July. The tradeshow portion of the company will remain with Mediabistro CEO Alan Meckler under a new company — Mecklermedia. The company’s 3D printing and bitcoin assets are also not a part of the deal. The site gained a following in media circles, particularly in New York and Washington, D.C., thanks in part to its job board and professional skill development courses. The acquisition provides Prometheus with a new cadre of editorial pieces that fit with the company’s other focused media assets. Prometheus also runs the Clio Awards for advertising and the movie event company Film Expo Group. Poynter / MediaWire Mediabistro alums include Brian Stelter, who wrote for TVNewser and now hosts Reliable Sources at CNN, and Patrick Gavin, who worked for FishbowlDC. In 2007, Laurel Touby sold Mediabistro.com for $23 million.

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Morning Media Newsfeed: Second TV HQ Seized | Twitter Stock Tanks | Filmmaker Strikes Deal With the AP

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Pro-Russian Separatists Seize TV HQ In Eastern Ukraine (Reuters)
Pro-Russian separatists took control of the regional prosecutor’s office and television center in the eastern city of Luhansk on Tuesday, having earlier seized the government headquarters, a Reuters photographer said. BBC News Activists went into the regional television station, but decided not to take it over after they were allowed to make a live broadcast. Following the takeovers, President Oleksandr Turchynov demanded the dismissal of the police chiefs in Luhansk and the other eastern city of Donetsk. Business Insider Pro-Russian separatists have now seized government buildings in at least 10 cities throughout the eastern part of the country. Pro-Russian activists have also shot the mayor of Kharkiv, Ukraine’s second-largest city. All the while, journalists throughout eastern Ukraine routinely face intimidation amid the threat of kidnapping and assault. The Guardian About 3,000 activists — some in masks and military fatigues — stormed the regional government HQ and other key buildings. A pro-Russian militia had occupied the security service office in Luhansk, a town of 465,000, just 20 miles from the Russian border. In recent days, Kiev’s tentative grip on local law enforcement in the east appears to have slipped completely. In Luhansk, riot police stood passively in a courtyard. “The regional leadership does not control its police force,” Stanislav Rechynsky, an aide to the interior minister in Kiev said. “The local police did nothing.” WSJ The latest moves in Ukraine’s eastern Luhansk region came despite a new wave of sanctions on Russia by the U.S. and European Union aimed at forcing the Kremlin to rein in the activists, who have echoed Russian President Vladimir Putin in denouncing Ukraine’s two-month-old government as illegal. The attacks on Luhansk’s regional police headquarters, administration building, prosecutor’s office and television broadcasting facilities mark the biggest advance for the pro-Russia rebels since early April, when militants took control of the regional building of Ukraine’s state-security service, the SBU.

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