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Posts Tagged ‘Fox Business Network’

Morning Media Newsfeed: NewsHour Names Just EP | Discovery, Sony Make Gains

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PBS NewsHour Names ABC’s Sara Just Executive Producer (FishbowlDC)
PBS NewsHour announced Thursday that 25-plus year ABC News-er Sara Just has been tapped to serve as the program’s executive producer and SVP of NewsHour Productions LLC. Variety Just will oversee the daily operations of the nightly news program, co-anchored by Gwen Ifill and Judy Woodruff. Deadline Hollywood Just, who has been ABC News’ deputy Washington Bureau chief since April, will join NewsHour on Sept. 2, succeeding Linda Winslow, who is retiring. Just’s hire comes on the heels of WETA taking over NewsHour from MacNeil/Lehrer Productions, the company named after former anchors Robert MacNeil and Jim Lehrer, on July 1. Politico / Dylan Byers on Media Before becoming deputy Washington bureau chief at ABC, Just was senior Washington producer for Good Morning America and had spent 17 years at Ted Koppel’s Nightline. ABC News president James Goldston said in a memo to staff Just was integral to the innovation of their digital political coverage. NYT NewsHour has struggled in recent years to raise enough funds to meet its annual budget of $25 million to $30 million, although WETA officials said at the time of the ownership transfer they were confident they could find the money. With money tight, the program has not been able to do as much field reporting as some critics would like. Just said that she would better understand the program’s budget challenges once she started, but added “I think reporting from the field is essential,” when paired with insightful analysis.

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Magazine Writing

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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: Newsweek to Print Again | Daily Download Dead | Kennedy Joins FBN

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Newsweek Plans Return to Print (NYT)
Newsweek, the struggling weekly magazine that ceased print publication last year, plans to turn the presses back on. The magazine expects to begin a 64-page weekly edition in January or February, said Jim Impoco, Newsweek’s editor-in-chief. Impoco said in an interview that Newsweek would depend more heavily on subscribers than advertisers to pay its bills — and that readers would pay more than in the past. “It’s going to be a more subscription-based model, closer to what The Economist is compared to what Time magazine is,” Impoco said. CNNMoney The announcement is a remarkable twist in Newsweek’s evolution, coming less than a year after its previous owner, IAC, stopped printing the magazine. The brand was basically left for dead — but now the cover of IAC’s final edition, with the phrase “#LastPrintIssue” rendered as a Twitter hashtag, seems decidedly premature. TheWrap The magazine, which had published weekly since 1933, ran what was expected to be its last print issue on Dec. 31, 2012. Politico / Dylan Byers on Media Newsweek’s ride the past few years has been anything but easy. The Washington Post Company sold the magazine to Sidney Harman for $1 plus liabilities in 2010, upon which Harman joined forces with Tina Brown’s former online publication, The Daily Beast, which is owned by Barry Diller’s IAC/InterActiveCorp. Despite generating some controversy, Brown was never able to bring the magazine back to life. After the print edition folded at the end of 2012, top staff started heading for the exits. Adweek The move runs counter to prevailing print media trends. This week, weekly New York magazine announced it would cut back to a biweekly frequency; other weeklies have generally curtailed their publication schedules over the years amid shrinking print revenue and soaring paper and postage costs.

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Morning Media Newsfeed: Bartiromo Joins FBN | Bloomberg Layoffs | Don Lemon Promoted

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Maria Bartiromo Leaving CNBC for FBN (TVNewser)
Maria Bartiromo is leaving CNBC to join Fox Business. “After 20 years of groundbreaking work at CNBC, Maria Bartiromo will be leaving the company as her contract expires on Nov. 24,” a CNBC spokesperson tells TVNewser. “Her contributions to CNBC are too numerous to list but we thank her for all of her hard work over the years and wish her the best.” Capital New York Bartiromo was one of CNBC’s first breakout stars, becoming a fixture in the financial news world and garnering the nickname “Money Honey” along the way. She marked her 20th anniversary at the channel last month. NYT Bartiromo is expected to work on a program about the day’s developments on Wall Street. Her new deal is also expected to include exposure on the far-more-watched Fox News. The signing is a coup of sorts for Fox Business, which has struggled to establish a profile. Last week, Fox Business averaged fewer than 10,000 viewers in the group that attracts advertisers, those between the ages of 25 and 54. CNBC had more than three times as many with 31,000. Reuters Bartiromo has won two Emmy awards and written several books as well as columns for magazines and newspapers, including USA Today. Politico / Dylan Byers on Media In a statement to Politico, Bartiromo said she was “incredibly proud” of what the CNBC had accomplished over the last two decades. “I want to thank all the people at CNBC who have been with me on this journey, and of course the viewers and investors everywhere for making me love every minute of it,” she said.

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Veteran of Bloomberg Radio and CNBC, Jim Kingsland Dies at 49

Jim Kingsland had business news in his blood. He worked for every major financial media company, including Bloomberg LP, from 1992 to 2006. Kingsland died this week at age 49 after a long illness.

He had severe diabetes, which led to a liver transplant several years ago. His eyesight was poor and his pancreas was compromised.

At Bloomberg for much of the time, he was news director at WBBR.

Wes Richards was host of Bloomberg on the Weekends.

“He had the right stuff, he did the right thing,” Richards tells FishbowlNY. “He was a pleasure to work for and work with and an island of calm and rationality in a sea of chaos.”

Kingsland bookended Bloomberg with FNN/CNBC and Fox Business Network from 2007 to 2010 as assignment editor.

The business journalist also had a passion for numismatics–the study of currency–founding JK Numismatics in November 2006, according to his LinkedIn page.

Kingsland worked at a pair of small suburban stations early in his career. He also was a 1010 WINS traffic reporter via Shadow Traffic in the mid 1980s.

Jim is survived by his wife, Melissa, and three children, Rachel, Benjamin, and Nathan.

Photo credit: www.coinnews.net

Charles McCord Leaves Imus Behind–Next Stop, Arkansas

If you missed it last week, on Friday morning Charles McCord walked away from his newsreader/sidekick role on WABC-AM-based Imus in the Morning. He had announced his retirement last month.

It was McCord’s final chance to take a ”loving” shot at his longtime friend, colleague, and on-air partner.

“I’m sick of it. I just want you to know, I’m sick of it and I’m gonna be damn glad to be going down to Arkansas because I’m not going to have to sit here and stare at that freakin’ frame of yours,” McCord ranted. “For God sake, enough already. Stop eating voodoo food. Eat something that requires silverware–a knife and a freakin’ fork! Look at you. For God sake, you look like Phyllis Diller.”

Imus led the laughter in the studio.  Here’s a link to McCord’s last hurrah.

McCord had worked with Don Imus since the early 1970s at WNBC.

Connell McShane of Fox Business Network, which simulcasts Imus in the Morning, takes over for McCord starting today.

Imus Joins Fox Business Net

Imus_9.3.jpgTVNewser has some breaking news: infamous talk radio DJ Don Imus will be joining Fox Business Network October 5.

Reports TVNewser:

“Imus signed a multi-year deal with FBN to simulcast ‘Imus in the Morning’ weekdays from 6-9amET along with his radio syndication. The announcement stated that Imus will be incorporating more business news into his format.”

Breaking: Don Imus Joins Fox Biz

Earlier on FBNY: Don Imus Toes The Racist Line…Again

Barry Diller On The Writers’ Strike

Diller.JPGIf it’s all the same to you guys, we’re just going to cut and paste this press release from Fox Business Network, so that we don’t have to read Barry Diller’s remarks. It’s early. We’re tired. (And by the way, that’s not our typo. Fox apparently thinks there’s just one writer on the picket line.)

Here you go:

BARRY DILLER TELLS FOX BUSINESS NETWORK THAT THE WRITER’S STRIKE IS “STUPID”

In a broadcast interview with FOX Business Network’s Neil Cavuto, Barry Diller, CEO of the recently fragmented IAC, talks about the stupidity of the writer’s strike, his interest in AOL and the likelihood of a recession. Excerpts are below.

On the writer’s strike:

“I expect that it will probably be a long strike, which would be unfortunate because I don’t think it makes much sense.I think it’s stupid. I don’t think they should have gone out on strike. Both sides must have really mishandled this one. In order to have gotten to ‘strike moment’ everyone must have screwed up, which makes it difficult to get them back to some sort of sanity.”

“What this strike is about is not revenues from first usage. It’s about revenues from what happens in this digital age, of which right now there are none. What they want to do is strike so they’re protected for the future. The problem with that is right now it’s a future that no one can figure out. What they should have done is say, we’re going to take the next five year period — we want to know where all of these revenues are coming from. We want to freeze this area until we can understand the revenues, which aren’t going to develop for another few years. There are no profits for the work that writers do that is then digitized and distributed through the Internet.”

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