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Time Warner Cable Threatens to Drop CBS From Channel 2 Spot (AdAge / Media News)
Time Warner Cable Inc. is threatening to drop CBS from its position as the first broadcast station on its TV menu as a deadline to conclude negotiations nears. The second-largest U.S. cable provider is talking to several competitors about taking CBS’ place if the deadline passes and CBS goes dark in New York, Los Angeles and Dallas, said Maureen Huff, a Time Warner Cable spokeswoman. Deadline Hollywood The parties again have set a new deadline to settle their retransmission consent battle: This time it’s 5 p.m. ET on Monday. In a memo to staffers this week, CBS chief Leslie Moonves wrote that there’s “a very real threat” that the blackout will happen and “possibly” also affect Showtime. NYT CBS has been demanding an increase in the fees that the cable company pays to retransmit the signals of network stations to its customers. Time Warner Cable has labeled the CBS demands exorbitant. The two sides have both taken out ads denouncing the other as unreasonable, trying to lay the groundwork to blame the other party if the stations were made unavailable to the cable customers. LA Times / Company Town Media analyst David Banks of RBC Capital Markets said in a recent report that CBS is looking to increase the fee Time Warner Cable currently pays from less than $1 per subscriber per month to a figure approaching $2 in the first year and with subsequent increases in later years. Adweek While most observers believe it’s a foregone conclusion that CBS will prevail, at least one analyst said the network may have bitten off more than it can chew. In a note to investors issued last week, BTIG analyst Rich Greenfield said the availability of Aereo in New York and Los Angeles and the relatively sleepy summer broadcast season neutralizes some of CBS’ considerable leverage.
Posts Tagged ‘firings’
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Yesterday, a post came into our inbox from Aaron Gell of ASSME.org suggesting a conspiracy afoot at OK! magazine. Turns out, the British mag spin-off, which has been blowing through editors recently, is planning an upscale revamp that would make the magazine more like Elle. Gell surmised the reorganization was the result of an “evil pact” between OK!‘s publisher Lori Burgess and Jason Oliver Nixon, an editorial consultant. Both once worked at Niche Media and, according to her LinkedIn profile, Burgess is working with Nixon at the luxury consulting company he founded, LXJ360.
Hours later, Gell and others reported that OK! editor-in-chief Katie Caperton (named to the position just two months ago) had been fired, along with some other staff members. Is this all part of Burgess’s rebranding efforts or some personal vendetta against Caperton and her loyal staffers?
We’ve put out requests for information to OK!‘s publicist and Caperton, but if you have any tips or info about who got canned yesterday and why, please put it in the anonymous tip box at the right or email us.
Update: OK!‘s publicist Brian Strong sent us a statement confirming Caperton’s exit, “effective today.” Although no replacement has been named, “there is an executive editorial team managing OK!‘s new initiatives and goals,” he said. However, he hasn’t yet elaborated on what those “initiatives and goals” are exactly.
(If we hear from him, we’ll let you know)
Second Update: Strong says celebrity news will remain “at the core of the brand,” and the staff will be working on “developing and integrating important enhancements that reflect a heightened focus on style.”
More of Brian’s statement, and a list of some new hires at OK! after the jump.