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Posts Tagged ‘Hachette’

Morning Media Newsfeed: Fager to Step Down, Return to 60 Minutes | WaPo, Kindle Partner Up

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Jeff Fager Stepping Down as Chairman of CBS News, Returns Full Time to 60 Minutes (TVNewser)
Jeff Fager is leaving his role as chairman of CBS News and turning his “full attention” to 60 Minutes. FishbowlDC Fager served as CBS News’ chairman for four years, and had worked as the executive producer of 60 Minutes for seven years before that. THR / The Live Feed Fager has also extended his current contract as executive producer through 2019. As for a replacement, president David Rhodes now assumes sole leadership of CBS News. Fager assumed the role of chairman at a pivotal time for CBS, on the eve of Katie Couric’s exit from the CBS Evening News. June of 2011 saw current anchor, and longtime 60 Minutes correspondent, Scott Pelley, assume the role of lead anchor for the nightly news telecast. NYT CBS cast the moves as an orderly transition that was set in motion four years ago when Leslie Moonves, the CBS chief executive, asked Fager to take over supervision of the news division while remaining as executive producer of 60 Minutes. In his own memo, Fager said of Rhodes, “I hired him almost four years ago with this moment in mind, and he has exceeded all expectations.” Capital New York Fager’s dual roles as chairman of CBS News and E.P. of 60 Minutes did lead to some controversy. Last year, a flawed report about the attack on the U.S. consulate in Benghazi, Libya led to an internal investigation and the suspension of Lara Logan, who has since returned to the network.

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Morning Media Newsfeed: Amazon, Hachette End Dispute | CNN Picks Up Three Originals

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Hachette, Amazon Establish New Multi-Year Contract (GalleyCat)
Hachette Book Group and Amazon have established a new multi-year agreement. The two companies have been locked in a dispute since April. THR The companies have reached a new agreement covering eBook and print sales in the U.S. The two were reportedly in a standoff over eBook revenues, with the online retailer reportedly delaying shipments, reducing discounts and preventing people from preordering Hachette titles. Mashable The dispute began when Amazon stopped taking preorders for Hachette titles. Since that time, the two have dialed up the rhetoric, with Hachette authors Malcolm Gladwell and James Patterson criticizing Amazon, while the online retailer charged that Hachette was “stonewalling” about making a deal. WSJ Neither side claimed victory and it may be that both Hachette and Amazon made concessions in the end. Under the new eBook agreement, which will take effect in early 2015, Hachette will set the prices of its consumer titles. The companies said Hachette will get better terms when it “delivers lower prices for readers.” Amazon said on Thursday it has resumed treating Hachette titles as it did before the dispute. NYT The conflict, which played out in increasingly contentious forums as the year progressed, left wounds too deep for true celebration Thursday. Amazon has been cast as a bully in publications across the ideological spectrum, and a large group of authors is calling for it to be investigated on antitrust grounds. Its sales were hit by the dispute, analysts said. Amazon’s supporters publicly questioned the need for Hachette, the fourth largest publisher, to exist in an era when anyone can publish themselves digitally, an accusation Hachette was reluctant to respond to. And even if Amazon got less in the deal than it originally wanted, it still controls nearly half the book trade, an unprecedented level for one retailer. And the dispute showed it is not afraid to use its power to discourage sales.

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Morning Media Newsfeed: Raven to Retire From A&E | NBC Undecided on Virgin Galactic Series

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A&E Networks Chairman Abbe Raven to Retire (THR)
Cable pioneer Abbe Raven is set to retire. Her last day as chairman of A&E Networks will be Feb. 2. The news comes nearly a year after Raven’s protégé, Nancy Dubuc, was elevated to CEO and Raven to chairman. Deadline Hollywood Dubuc took oversight of the day-to-day operations of the company, while Raven remained in charge of A&E Networks’ long-term business and revenue opportunities, including distribution, as well as public policy initiatives and corporate outreach. A year ago, Dubuc also took over distribution. She will remain president and CEO. Variety Raven’s role as chairman will not be filled. Raven is without question one of key architects of A&E Networks’ growth, particularly in the past 15 years. The company, a joint venture of Hearst Corp. and Disney, is home to some of cable’s most prosperous channels, but as a private concern it is shielded from quarterly earnings scrutiny. Under Raven and Dubuc, A&E has rapidly expanded its domestic and international portfolio, which generates an estimated $3.8 billion in annual revenue. TheWrap Prior to her position as president and CEO, Raven held high level executive roles at the company’s properties A&E Network, The Biography Channel and The History Channel. WSJ The handoff also comes at a challenging time. After setting cable-television ratings records last year with hits like Duck Dynasty on A&E and The Bible on History, the company’s two biggest channels have endured sharp declines this year. A&E’s ratings are down 32 percent so far this year in total viewers and 25 percent in its target demographic of 25- to 54-year olds, while History’s ratings are down 15 percent in both total viewers and those 25 to 54.

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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: ABC Debuts New View | CNN Ordered to Rehire Union Staff

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The View Premieres With New Co-Hosts, Queen Barbara Walters (TVNewser)
A revamped The View premiered Monday morning with its original co-executive producer sitting in a Queen’s throne getting doused with affection. “Thank you my pals,” Barbara Walters said as co-hosts Whoopi Goldberg, Rosie O’Donnell, Nicolle Wallace and Rosie Perez looked toward her throne. LostRemote On social media, fans were not really feeling the new View. The biggest complaints were about the new format. Many complained about the new hosts, although Perez was an all-around favorite. THR / The Live Feed Goldberg kicked off the premiere of its 18th season by introducing it as “the newer View,” filmed in an ABC Broadcast Center studio space and featuring a tweaked logo. “We’re gonna try a lot of new stuff — some of it will work and some of it won’t, but the thing that will never change is its great conversations with great women.” Mediaite O’Donnell caught the audience up with what’s been going on in her personal life since then. They then gave the floor over to Perez and Wallace to introduce themselves. Perez talked about a Broadway show she’s working on and her philanthropic efforts, while Wallace got to share her background in politics and the Bush administration. When Wallace mentioned she was a Republican, O’Donnell piped up, “I really like her, I swear to God!” Variety The audience is more prominent and appears more frequently during the program. A new producer, Bill Wolff, who once oversaw MSNBC’s flagship Rachel Maddow, will now run proceedings.

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Morning Media Newsfeed: Amazon Halts Disney Titles | Brady’s Death Ruled A Homicide

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Amazon Halts Some Disney Movie Preorders (WSJ)
Amazon.com Inc. has halted preorders for some DVDs and Blu-ray discs from media giant Walt Disney Co., including popular titles such as Captain America: The Winter Soldier, in an apparent contract dispute. CNET However, preorders of digital versions on Amazon Instant Video are still available. The situation is reminiscent of an apparent dispute between Amazon and Warner Home Video in which preorders of discs for The Lego Movie, Transcendence, and 300: Rise of an Empire vanished from the site earlier this summer. Amazon hasn’t publicly commented on that situation, but it’s thought that the move is intended to apply pressure on Warner to gain greater margin on each sale. Time Amazon has been engaged in an increasingly acrimonious dispute with Hachette over eBook pricing, with Amazon restricting the sale of Hachette books until the two parties arrive at terms. More than 900 authors, including Malcolm Gladwell and Stephen King, have signed an open letter criticizing Amazon’s policies. Amazon hasn’t yet publicly commented on the apparent dispute with Disney. Variety Disney, on its U.S. homevideo site, is directing customers to Walmart and Best Buy for pre-orders of Maleficent and other upcoming releases. Muppets Most Wanted also is available for pre-order from Target. Deadline Hollywood Discussions will be continuing between Amazon and Disney throughout the week to try to resolve the pricing issue.

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Morning Media Newsfeed: Bloomberg Cancels Hunt | CNN Politics Makes Cuts

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Bloomberg Media Makes Cuts in Three Cities, Cancels Political Capital (TVNewser)
Bloomberg Media made cuts in Washington, D.C., Los Angeles and New York City Thursday. FishbowlDC Bloomberg announced several layoffs in its D.C. bureau, relocating a few TV production positions to New York, where its daily politics show with Mark Halperin and John Heilemann — slated to launch in October — will be produced. Amid news of the layoffs, Bloomberg spokeswoman Amanda Cowie shared the following statement: ”Our TV operation — in the U.S. and around the world — is growing in size. We are changing how, and where, the TV operation is run.” NYT Some political and finance reporters were dismissed and the company will move some European television production jobs to London. It will also close its small television bureau in Los Angeles and focus its resources on San Francisco. Politico / Dylan Byers on Media Bloomberg Media has decided to cancel its weekly political talk show, Political Capital With Al Hunt. Hunt will continue to write his weekly column for Bloomberg View, the site’s opinion vertical. Several print staff will also be laid off. Staffers will have the option to apply for other jobs at the company. TheWrap “We will continue to expand our Washington coverage. We’re launching a new politics platform — including for the first time a daily political show — expanding initiatives like First Word DC, investing in financial crimes reporting and the changes are a part of the overall new structure being put into place,” Cowie said.

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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: 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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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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