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Posts Tagged ‘Mark Zuckerberg’

Morning Media Newsfeed: Lewis Katz Dies | Carney Steps Down | Zuckerberg Donates

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Co-Owner of Philadelphia Inquirer Dies in Plane Crash (Philly.com)
Lewis Katz, 72, co-owner of The Philadelphia Inquirer, the Philadelphia Daily News and Philly.com, died Saturday night in the crash of a private jet at a Massachusetts airfield. All seven people aboard were killed when the Gulfstream IV crashed about 9:40 p.m. as it was departing Hanscom Field in Bedford for Atlantic City International Airport, said a Massachusetts Port Authority spokesman. Boston Globe The plane exploded in a blast that sent a fireball and a large plume of black smoke into the air, said Bedford resident Jeff Patterson, 43, who lives beside the runway. The flames rose 60 feet in the air, he said. His 14-year-old son, Jared, said the explosion rattled the house. Bloomberg Katz and H.F. “Gerry” Lenfest won control of the Inquirer and its sister publication at a court-ordered auction four days earlier. A native of Camden, N.J., Katz was increasingly involved with his philanthropic giving. In May, Temple University announced it would name its medical school after Katz, who told the Inquirer that while his mother wanted him to be a doctor, he couldn’t stand the sight of blood. CNN Katz was formerly the principal owner of the NBA’s New Jersey Nets and the NHL’s New Jersey Devils. He was a shareholder of the Nets, the New York Yankees and the YES Network at the time of his death. New York Daily News The Yankees honored long-time minority owner Katz in the Bronx with a moment of silence before the national anthem on Sunday at the Stadium. Katz will be remembered for his hot-and-cold relationship with George Steinbrenner. NPR / The Two-Way Drew Katz, Lewis’ son, said in a statement that his father’s sudden death has brought “an incomprehensible amount of grief.” He added: “My father was my best friend. He taught me everything. He never forgot where and how he grew up, and he worked tirelessly to support his community in countless ways that were seen and unseen. He loved his native city of Camden and his adopted home of Philadelphia.” Read more

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Morning Media Newsfeed: Oprah Eyes Clippers | Viacom to Buy Channel 5 | Time Warner Profits Soar

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Oprah Considering Los Angeles Clippers Bid (ESPN)
Oprah Winfrey, David Geffen and Larry Ellison will join together in a bid to buy the Los Angeles Clippers if the NBA’s board of governors votes to force Donald Sterling to sell the team, Geffen said Wednesday. FishbowlNY Others interested in buying the Clippers include Diddy (he even created his own hashtag #DiddyBuyTheClippers) and Floyd Mayweather. THR The OWN Network founder would pair with music mogul Geffen and Oracle co-founder Ellison in an investor role. On Tuesday, NBA commissioner Adam Silver pledged to force the sale of the Clippers after audio recordings of racist remarks made by owner Donald Sterling surfaced on TMZ days earlier. Sterling, who has owned the Clippers franchise since 1981, faces a ban from attending all NBA games as well as making any business decisions for the team. LA Times / Sports Now Winfrey, in reference to Sterling’s comments, told TMZ on Tuesday that “the plantation days are over.” She also denied having interest in purchasing the team on her own. However, Winfrey’s spokesperson, Nicole Nichols, issued a statement Wednesday confirming that she’s in talks about becoming an investor. Reuters The advisory finance committee of the NBA’s governing board scheduled a meeting for Thursday to review the next steps for forcing a sale of the Clippers, as urged on Tuesday by NBA commissioner Adam Silver, a league spokeswoman said. Sterling, who bought the Clippers in 1981 for $13 million when the team was based in San Diego, has not indicated whether he would relinquish ownership without a fight. Experts have estimated that the franchise, which moved to Los Angeles in 1984, could now be worth as much as $800 million.

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Mark Zuckerberg Isn’t Getting Into the News Business

Facebook Nation: Mr. Zuckerberg Goes to Washington from The Atlantic on FORA.tv

Mark Zuckerberg will not be following Jeff Bezos. While Bezos recently expanded his empire buy purchasing The Washington Post, Zuckerberg has no interest in the news business. In a wide ranging interview with The Atlantic’s editor, James Bennet, Zuckerberg stressed that Facebook Daily isn’t going to happen.

Former journalist Terence Smith asked Zuckerberg if Facebook would one day serve as news creator, aggregator or forum, Zuckerberg said he felt the site was already the latter. “We don’t produce any content, because we try to be this neutral platform and a billion people are already generating content, so in that sense we are already an aggregator and a forum,” explained Zuckerberg.

The Facebook founder then added “I can’t see at any point us getting into producing our own content. I just think there are so many other people who produce awesome content that it’s not our place.”

However, just to be on the safe/one day hopefully profitable side, we bought FacebookDaily.com.

Internet Privacy Documentary Gets Off to Roaring Start in Sonoma

After world premiering at SLAMdance in January, Cullen Hoback’s documentary Terms and Conditions May Apply re-upped on the film festival circuit this past weekend at the Sonoma International Film Festival. And in what is likely the first of several such prizes, it snagged the event’s Best Documentary Feature nod.

In the coming weeks, this scary look at how much Internet users typically give up when they accept website terms and conditions will screen at film festivals in Newport Beach (April 26-May 2), Toronto (April 26-May 3) and Belgium (May 4-8). Helping feed the buzz are the recognizable names up on screen:

Terms and Conditions May Apply features interviews with musician Moby, futurist Ray Kurzweil and science-fiction author Orson Scott Card, as well as a privacy-invading ambush of Facebook founder Mark Zuckerberg.

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Forbes Releases Annual ’30 Under 30′ List

Those annual lists are upon us once again! Forbes has announced its influential second edition of the 30 Under 30 list, highlighting the biggest stars of tomorrow.

The publication chooses 30 standout people in 15 diverse categories, totaling 450 under 30.

Among the groupings are Art & Style, Hollywood, Media, Sports, and Technology.

The list included some names that already jump off the page, like gold medal gymnast Gabrielle Douglas (17), singers Adele (24) and Bruno Mars (27), and Justin Bieber (18).

Some of today’s titans of industry are recognized, such as Facebook co-founder and CEO Mark Zuckerberg (28),  Tumblr founder and CEO David Karp (26), and Mashable founder and CEO Pete Cashmore (27).

New York Times television writer Brian Stelter (27) is among the “honorees.” Stelter created our sister site TVNewser.

Having numerous categories, the list, which will be featured in the January 21st issue of Forbes magazine, offers a broad selection of future movers and shakers.

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Tom Brokaw, Randi Zuckerberg and David Zinczenko’s Next Chapter

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As any self-respecting power luncher knows, December is no time to slack off and dip into the egg nog. Quite the contrary. The noontime hour during the holidays may be reserved for a little shopping for those that still go the brick and mortar route, but the regulars at Michael’s know that now is the time to get real business done, score some valuable face time and plot your next big move. As one mogul told me today, “I’ll celebrate in January. Now is the best time to get in there when the competition isn’t looking.” Consider yourself warned.

Judging from the interesting combinations of folks at the tables around the dining room today, I’d say there are plenty of movers and shakers whose New Year’s resolutions involve making some changes to the resume and fattening up that portfolio (even if the tax man is going to come looking for a bigger piece of the action come 2013). There were so many suits in the lounge eagerly awaiting to be seated when I showed up that I thought there was some kind of Wall Street holiday hoo-ha going on.  The appearance of Mark Zuckerberg‘s sister Randi Zuckerberg with AOL’s Jolie Hunt caused a bit of stir, and I spotted more than a handful of mavens “in transition” who have seemingly aligned themselves with some interesting power players in hopes for a brighter new year. Here’s hoping.

I was invited to join ‘Mayor’ Joe Armstrong and David Zinczenko for a dishy lunch. While Joe and I waited for Dave to arrive, I noticed that the Mayor’s omnipresent, tri-colored western boot that doubles as a centerpiece when he’s in the house had been replaced by a bigger, bronze version. The Mayor tells me that he decided to keep the red, white and blue version at home for safe keeping. It’s signed by music men Jimmy Buffet, Willie Nelson, Fats Domino and Elton John (on the day Joe hosted a lunch for Elton in celebration of the Broadway debut of Billy Elliot in this very dining room), as well as Laura Bush who happened to spy it on Joe’s table during a visit a while back and whipped out a Sharpie before Joe knew what hit him.

Diane Clehane, David Zinczenko and Joe Armstrong

I couldn’t wait to catch up with Dave when he arrived. His headline-making departure from Rodale a few weeks ago after his incredibly successful tenure at the top has gotten plenty of coverage. Just this week Women’s Wear Daily and AdAge weighed in, with the latter speculating on “Rodale’s Rocky Road” in the face of Dave’s exit. As you undoubtedly know, Dave was the high-profile  face and voice of the Men’s Health brand, with regular appearances on the Today show and scores of other shows from Ellen to Oprah. His much imitated Eat This, Not That bestsellers became their own franchise for Rodale, cementing the company’s place in pop culture as long as Dave kept churning out different versions.

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Marissa Mayer Grabs Third Spot on Fortune Magazine ‘40 Under 40’

Being ranked right behind Google’s Larry Page and Facebook’s Mark Zuckerberg is a position any 37-year-old new mom would envy. For Yahoo CEO Marissa Mayer, it’s just the latest bit of remarkable news in a truly remarkable year.

The former Google exec is number three on Fortune magazine’s just-released “40 Under 40” hit list. For the accompanying sidebar profile, reporter Patricia Sellers talked to dozens of friends, colleagues and acquaintances about Yahoo’s fourth chief executive in five years (and youngest leader of any Fortune 500 company):

“When Marissa became captain of the pompom squad, she wasn’t in with that clique of girls, but she won them over in three ways,” recalls Abigail Garvey Wilson, Mayer’s best friend from childhood. “First, sheer talent. Marissa could choreograph a great routine. Second, hard work. She scheduled practices lasting hours to make sure everyone was synchronized. And third, fairness. With Marissa in charge, the best dancers made the team.”

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Forbes Lists 400 Richest (White) People in America

The economy is still in the crapper, so why don’t we celebrate that by looking at Forbes’ list of the 400 richest people in the nation? As usual, pretty much everyone on the list is white. If that surprises you, please read the following very carefully: White people own everything. It’s not fair, but it’s true.

Bill Gates leads the pack this year with a total net worth of $66 billion, followed by Warren Buffett ($46 billion) and Larry Ellison ($41 billion).

As for New York media moguls, our Mayor, Michael Bloombergcomes in at a respectable 10th, with $25 billion. Rupert Murdoch is tied for 36th with Mark Zuckerberg, at $9.4 billion. We’re pretty sure that makes them best friends, but we’re still waiting on confirmation of that.

A few others: Samuel Newhouse comes in at 46 with $7.4 billion; Donald Newhouse ranks 51st, with $6.6 billion; and Mort Zuckerman ranks 190th, with $2.4 billion.

For the full list, click through.

Media Goes to Town on NBC’s Eisenberg-Zuckerberg Olympic Substitution

Score this one USA 28, Spain 20, color commentator Bob Fitzgerald zero.

Per the kind of post that Deadspin does best, the site reported over the weekend with embedded video about an #NBCFail moment that is actually more funny than offensive. At the above mentioned first-quarter stage of the men’s basketball final, Fitzgerald mistakenly inferred that spectator Jesse Eisenberg was in fact Mark Zuckerberg, the Facebook founder he portrayed so brilliantly in The Social Network.

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BREAKING: Facebook Acquires Instagram

Huge news this morning out of Menlo Park. Via his Facebook page, Mark Zuckerberg announced that his soon-to-go-public company has acquired Instagram for roughly $1 billion in combined cash and stock:

For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests…

We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook.

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