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Posts Tagged ‘IAC’

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: Cuts at NBC News? | Wagner Gets Bashir Slot | Sacco Fired After Tweet

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D.C. Staff Irked as NBC News Eyes Cuts (NY Post)
NBC News boss Deborah Turness is spending the last few days of the year eyeing cuts — moves that could include axing some senior on-air talent, the Post has learned. Turness, brought on in August to shake up the moribund news division — where Meet The Press and Today had stumbled — is in the midst of a host of end-of-year buyouts and cost reductions, sources said. Mediaite An NBC spokesperson, in a statement on Friday, said, “We offered a handful of voluntary buyouts in the D.C. bureau back in early November. Discussions are ongoing.” The spokesperson declined to elaborate.

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Morning Media Newsfeed: Primetime Emmys Awarded | Daily Beast to Go On | Politico CEO Out


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Breaking Bad, Modern Family Are Top Shows at Emmys (USA Today)
As Breaking Bad continues its intense journey to its final moments, its cast and crew were all smiles at the Emmy Awards. With its series climax airing in a week, the AMC show won best drama series on Sunday night. “Man, I did not see this coming,” said creator Vince Gilligan, whom star Anna Gunn called a “mad genius” when accepting her outstanding supporting actress Emmy. CNET Netflix won its first Emmy award Sunday night, as David Fincher won for best directing of a drama series. The online subscription-video service, which has been touting itself of late as the “world’s leading Internet television provider,” was nominated for 14 primetime Emmy awards this year, the first time that an online-only service had shows in the running for one of television’s top creative honors. WSJ The Emmy win could boost Netflix’s prestige in Hollywood as an outlet for high-quality original series and further encourage writers, producers and actors to consider Netflix projects at a time when competition for talent among TV networks is as fierce as ever. Deadline Hollywood It was comedy ladies’ night at the Primetime Emmys as women swept both the comedy writing and directing categories for the first time in history. 30 Rock creator/executive producer Tina Fey and writer Tracey Wigfield won the writing Emmy for the series finale, while Gail Mancuso was recognized for the “Arrested” episode of ABC’s Modern Family. Mancuso is only the second woman ever to win the Emmy for comedy directing, following Betty Thomas, who won for Dream On 20 years ago. THR / The Live Feed Stephen Colbert dethroned former boss Jon Stewart at the 2013 Emmys, as The Colbert Report ended the Daily Show‘s decade-long streak of winning best Variety Series. Colbert’s show has won two writing Emmys, in 2008 and 2010, but this was the show’s first win in the category of Outstanding Variety Series, where it’s been nominated eight times, including this year. TVNewser Jeff Daniels, who plays anchorman Will McAvoy on HBO’s Newsroom took home the Emmy for best actor in a drama Sunday. CBS News In one notable acceptance speech Sunday night, the agent remained unthanked. So did the family, and actually everyone else, when Merritt Wever won best supporting actress in a comedy series at the Emmy Awards on Sunday night. In fact, Wever, of Showtime’s Nurse Jackie, spoke so briefly that all she said was: “Thank you so very much. Um, I gotta go, bye.” Entertainment Weekly / PopWatch Midway through hour three of the Emmys, host Neil Patrick Harris joked: “No one in America is winning their office pool.” Except that wasn’t really a joke: The 2013 Emmy Awards featured seven big upsets in the major primetime awards. Longtime also-rans got their moment in the sun. Some low-key performances beat out showier and more popular contenders. Fox News Each year’s Emmy Awards show has a tribute slideshow featuring TV stars who died in the past year, but the 2013 Emmys took remembrances to a whole new level, featuring stand-alone tributes to no fewer than six deceased stars. Variety About halfway through the Emmys, it became clear that the producers were sort of irritated they had to interrupt their variety show with, you know, awards. And that seemed to color the rest of the evening, which featured some fine staged moments but few spontaneous ones, largely because producers were so quick to play everyone off, they didn’t give the show any room to breathe.

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Morning Media Newsfeed: Tina Brown Out at IAC | Esquire‘s 9/11 Fiasco | NR Sues Cory Booker


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IAC And Daily Beast Editor Tina Brown to Part Ways (BuzzFeed / Business)
Tina Brown, who sought to reinvent buzzy magazine journalism on the Internet in the form of The Daily Beast, and IAC have agreed to part ways. According to a source with direct knowledge of the situation, The Daily Beast parent company IAC, owned by media mogul Barry Diller, does not plan to renew Brown’s contract when it expires in January. The decision has been made for the two sides to part ways, said the source, but precise details of the separation are still being worked out. Brown confirmed her departure in both a meeting with staff and in an email sent to friends and contacts after BuzzFeed broke the news on Wednesday. Politico / Dylan Byers on Media Brown will split with parent-company IAC next year and launch her own company, Tina Brown Live Media, according to sources with knowledge of her plans. The contract negotiations have been going on for the last few months, according to a source familiar with the discussions, and the split has been a “long time coming.” Daily Beast Brown is optimistic about the future of The Daily Beast. “The great thing about change is that you get influxes of new energy and you get different ideas,” she said. “I will be one click away from you every morning,” she told staffers, and added, “I will continue to see you grow.” Capital New York Brown, who was once editor of The New Yorker and Vanity Fair, told Daily Beast staff she will take her successful Women in the World Conference, and its staff, with her, according to a source who was present at the newsroom gathering. Rhona Murphy, The Daily Beast’s CEO, said during the meeting that there are currently no plans to close the site, which is still in the process of extricating itself from Newsweek, and that a budget was being planned through 2014, the source said. Mashable A source claiming to be close to the negotiations emphasized that Brown — not IAC — “ultimately made the decision to walk away from The Daily Beast” and that it’s “more of a mutual separating of ways.” The source added that Brown’s relationship with IAC Chairman Barry Diller is “not strained” and she continues to have “a ton of respect” for him. FishbowlNY Brown’s departure will surely kick “The Daily Beast is dead” rumors into high gear. The site is on pace to lose $12 million this year, so don’t be shocked if IAC decides to sell or completely shut it down.

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Tina Brown and The Daily Beast to Part Ways

All good things, and some mediocre things, must come to an end. BuzzFeed is reporting that IAC — parent of The Daily Beast — won’t be renewing Tina Brown’s contract when it expires at the end of this year:

The decision has been made for the two sides to part ways, said the source, but precise details of the separation are still being worked out. According to this source, Brown… could end up taking the successful Women in the World conference with her as part of a severance agreement.

If this is the end of Brown’s tenure at The Daily Beast, it’ll likely be remembered more for the bad times than the good. Brown was a constant lightening rod for the media, which seized any chance it could get to point out what Brown was doing wrong. Brown didn’t do much to help her case either, as evidenced by all the wacky Newsweek covers she authorized.

Brown’s departure will surely kick “The Daily Beast is dead” rumors into high gear. The site is on pace to lose $12 million this year, so don’t be shocked if IAC decides to sell or completely shut it down.

Better Ways to Spend Money Than Buying Newsweek

Newsweek is for sale again. According to Variety, the folded magazine — which still has some print editions overseas — has been put on the block by IAC. This is hardly surprising, given that Barry Diller recently said buying Newsweek was “a mistake,” and added that he doesn’t have much faith in the digital version.

Last time Newsweek was sold, it was purchased for $1 and the assumption of a heaping amount of debt. If someone wants to buy it again, it’ll be the same story. But why would anyone want the publication? It just seems like IAC seeking buyers is the last nail in the coffin for the brand.

If you’re considering purchasing Newsweek, first, please stop drinking. Now, think about how insane it would be to take on a brand that loses millions consistently. Okay, now, below are some better ways to spend your money. Consider them first.

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Morning Media Newsfeed: Newsweek for Sale | News Corp Cuts Coming | De Rosa Joins Circa


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IAC Seeking Buyers for Newsweek (Variety)
Newsweek appears to be on the block — again. According to sources who have been briefed, IAC is sending out inquiries to prospective buyers who may be interested in purchasing the 80-year-old title, which ended weekly publication of its domestic edition late last year in favor of a digital-only format. A revamped Newsweek.com launched earlier this month. Adweek At this point, Newsweek’s decline and predicted demise are well-trod ground. The once-venerable Newsweek used to have a circulation topping 3 million, but had fallen to less than half of that when it went digital-only this year. The move would save IAC money and enable Newsweek to make good on the copies it owed subscribers (Newsweek carried a $30 million circulation liability), but no one in their right mind expected a paid, digital magazine to be a viable option. Politico / Dylan Byers on Media In April, Diller said he regretted buying the magazine. “‘I wish I hadn’t bought Newsweek, it was a mistake,” he told Bloomberg TV. He also said he did not have “great expectations” for the digital version, which, like The Daily Beast, is edited by Tina Brown. Read more

New York Times Company Finalizes Sale of About.com

With a $300 million price tag, The New York Times Company completed the sale this morning of About Group to Barry Diller‘s IAC. We first reported Diller’s deal last month.

The About Group encompasses About.com, and lesser known Web sites: Caloriesearch.com and Caloriecount.com.

The Times reports the company’s after-tax proceeds, which are worth about $290 million, will be used for “general corporate purposes.”

The Times, on the losing end of the sale, bought the Internet sites in 2005 for more than $400 million.

Barry Diller Gets His Way, Buys About.com from New York Times for $300 Million

Barry Diller’s IAC is buying About.com from The New York Times Company after all, for a reported $300 million. It was widely assumed that the site would be sold to Answers.com, but IAC’s offer was a better option for the Times, as All Things D notes:

Apparently the fact that he’s offering a ‘clean cash’ deal helped sway the Times and its Allen & Co. bankers. Answers and its private equity backers Summit Partners and TA Associates were going to finance the deal with debt, and would have included equity in Answers as part of the transaction.

A wise choice by the Times. For a company that could use all the help it can get, nothing is better than straight cash, homie.

Barry Diller’s IAC Offers Over $300 Million for About.com Just for The Hell of It

The New York Times Company has a signed letter of intent from Answers.com to buy About.com from the Times for $270 million. But Barry Diller’s IAC is throwing its hat into the ring anyway.

According to Reuters, IAC has offered over $300 million for About.com. Yes, over $300 million.

To make things even more interesting, a source told Reuters that there might be more offers coming for the site. “There are still interested buyers who feel that the $280 million price is low and can be easily matched,” said the source.

No word on if that source was drunk or not.

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