TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Posts Tagged ‘Newsweek’

Morning Media Newsfeed: Newsweek Controversy | Mexico Moves on Telco | NJ President Out

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

newsweek bitcoin

Controversy Marks Newsweek’s Comeback (The Associated Press)
A mystery man. A splashy reveal. A media frenzy. Newsweek staked its return from the dead Friday on a story it knew would get attention. A cover story claiming it had uncovered “the face behind Bitcoin,” the world’s most popular digital currency. Twenty-four hours after identifying Bitcoin’s creator as a 64-year-old former defense contractor employee living in Los Angeles, the controversy over whether or not Newsweek had outed the right man was so furious that Newsweek reporter Leah McGrath Goodman made the rounds on Bloomberg TV and CBS Morning News to defend her reporting against Dorian Nakamoto’s denials that he is the father of Bitcoin. Mashable For the first few hours after the article was published online Thursday, Newsweek enjoyed the kind of attention that most publications would kill for. The Bitcoin story dominated the conversation on social media; 700,000 readers had viewed it as of 5 p.m. ET on Thursday. It went on to top 1 million views. FishbowlNY Within the first few hours of the story’s release, however, Nakamoto emerged to deny any involvement with the digital currency, prompting a media frenzy. In a two-hour interview with the AP Thursday, Nakamoto denied having any involvement in Bitcoin, and the only reason he had ever heard of it was because a Newsweek reporter contacted his son three weeks ago. Nakamoto also said that during a brief interview at his home, McGrath Goodman misunderstood him (English isn’t Nakamoto’s first language). Politico / Dylan Byers on Media The account that created Bitcoin in 2009 has also suggested that the Newsweek story is inaccurate: “I’m not Dorian Nakamoto,” said the account holder, whose online name is Satoshi Nakamoto, according to USA Today. Newsweek In a statement released Friday, Newsweek defended the story: “Goodman’s research was conducted under the same high editorial and ethical standards that have guided Newsweek for more than 80 years. Newsweek stands strongly behind Goodman and her article”

Read more

Tina Brown on Newsweek: ‘I’m so Glad I’m Not the Editor’

Tina Brown was routinely criticized during her time as Newsweek’s editor, so it’s not surprising to hear that she’s happy she doesn’t have to deal with the magazine’s Bitcoin story fiasco.

In an interview with Bloomberg Television, Brown was asked what would happen if Newsweek’s story was proven wrong. “That would be rough,” replied Brown. “All I can think of is I’m so glad I’m not the editor.”

Brown also commented on the challenges Newsweek faces, which have been echoed by many:

Read more

Newsweek Returns with a Thud [Updated]

IBT Media’s Zombie Newsweek debuted only yesterday, and already there’s a problem. A big one. Newsweek’s cover story claimed that Dorian Satoshi Nakamoto, a 65 year old engineer, created Bitcoin. The media freaked out, with some proclaiming the piece “brilliant journalism.” The problem? Nakamoto has denied any involvement with the digital currency.

In a two hour interview with the AP, Nakamoto denied having any involvement in Bitcoin, and the only reason he had ever heard of it was because a Newsweek reporter contacted his son three weeks ago. Nakamoto also said that during during a brief interview at his home, the Newsweek reporter —  Leah McGrath Goodman — misunderstood him (English isn’t Nakamoto’s first language).

Goodman claimed Nakamoto said ”I am no longer involved in that [Bitcoin] and I cannot discuss it.” However, Nakamoto insisted he meant he was no longer involved in engineering, and was referring to security protocol as it pertained to his former work with a defense contractor.

Read more

Morning Media Newsfeed: Disney Cuts 700 | FCC vs Shared Stations | Tribune Names CEO

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Disney Interactive Lays Off Roughly 700 (THR)
The Walt Disney Company has laid off approximately 700 employees at Disney Interactive, a company spokesperson confirmed. Prior to the layoffs, roughly 2,800 employees worked at the division, representing a cut of approximately 26 percent of its total workforce. Variety Cuts were expected, but not on this scale. They were anticipated to mostly affect Disney’s Playdom group, which produces games for social media platforms. A Disney rep said the layoffs will occur across the board in the business unit. Re/code Last month, Disney Interactive reported its second consecutive quarter of profitability after a long string of losses, credited to the success of Disney’s console game Disney Infinity. However, in tandem with the layoffs, the company will cease in-house console game development beyond supporting Infinity and publishing the as-yet-unreleased game Fantasia: Music Evolved, developed by Harmonix. New Disney games will instead be licensed out and developed by other studios. NYT Disney Interactive makes up a tiny piece of the Disney empire. The entertainment conglomerate as a whole had $1.84 billion in profit and $12.31 billion in revenue in its most recent quarter; Disney Interactive had operating income of $55 million on revenue of $403 million, according to financial filings. Reuters Disney’s games and online division has for years been a persistent money loser and a small but significant drag on a corporate empire that spans movie-making and television to cable network ESPN, theme parks and cruise lines. Last year, Disney Interactive lost $87 million as revenues rose 26 percent from 2012; the division has lost a total in recent years of more than $1 billion.

Read more

Newsweek Relaunch is Also Sweet Music for Slovakia’s Piano Media

PianoMediaLogoIn the summer of 2011, Bloomberg Businessweek‘s Felix Gillette wrote about a bold new digital experiment in Slovakia. For just over four dollars a month, consumers were being encouraged to subscribe to a national Internet paywall grouping together the publications of nine different media organizations.

The company behind that technology was Piano Media and today, Gillette notes that they’ve come a long way. The $149.99-$39.99 price-points relaunch of Newsweek marks the Slovakian company’s first foray into the U.S. market and in fact their first digital client of any kind outside Europe:

The timing of Piano Media’s stateside arrival makes a certain kind of sense. As we noted last year, 2014 is shaping up to be the Year of the Paywall for a range of U.S. news publishers hoping to replace rapidly declining ad dollars with a bump in digital subscription revenue. It was only a matter of time before Piano Media’s experimental approach to paywalls, tested in the relatively calm waters of the Slovakian news media, would entice a U.S. publisher looking for a novel way to survive the roiling hell-broth that is the modern magazine market.

Read more

The New Newsweek is Here

Here’s the first cover of zombie Newsweek, back from the dead to terrorize all who doubt the power of print.

IBT Media plans to print only 70,000 copies, so maybe the new version will work out better. We don’t think it will, but as fans of magazines, we’d be happy to be proven wrong.

Morning Media Newsfeed: Flipboard Buys Zite | BBC3 to Go Online-Only | Egypt Tries AJ Staff

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

CNN Sells Zite to Flipboard (CNNMoney)
CNN has sold its news reader app, Zite, to Flipboard, a social magazine application. As part of the deal, Flipboard has also teamed up with CNN to launch custom magazines for CNN shows anchored by Fareed Zakaria, Jake Tapper and John King. The deal could be valued as high as $60 million over time, taking into account future advertising revenue, said a source familiar with the deal. TVNewser The sale occurred less than three years after CNN acquired Zite for $20 million. CNN and Flipboard’s partnership will allow CNN to expand its mobile reach and take advantage of Flipboard’s technology and mobile sales strategy. Re/code Zite itself will shut down, but CNN says most of its 20 employees will go to work for Flipboard. Zite CEO Mark Johnson will not be joining them. Forbes / Jeff Bercovici The deal merges two apps that let users aggregate news stories from all over into a single magazine-like experience. Of the two, Flipboard has been considerably more successful: It’s currently ranked No. 5 among free iPad news apps in Apple’s App Store, while Zite is No. 39. Flipboard will absorb the machine-learning technology that Zite uses to personalize news feeds for its users. Mashable The move also divests CNN of one of its most high-profile acquisitions while putting it in front of Flipboard’s users, which according to Johnson number more than 100 million.

Read more

Newsweek and Bloomberg Pursuits Add Editors

Newsweek and Bloomberg Pursuits made some moves today. Details are below.

  • Richard Addis is joining Newsweek as editor-in-chief of Europe, the Middle East and Africa. Addis is the former editor of The Financial Times Weekend and the Globe and Mail.
  • Stan Parish has been named deputy editor of Bloomberg Pursuits. Parish was most recently senior features editor at Departures. Prior to that he served as an associate editor at GQ for five years.

Morning Media Newsfeed: Oscar Ratings Soar | Gould Leaves NBC News | WaPo Branches to NYC

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

ellen-oscars

Oscars Rise to 43 Million Viewers, Most-Watched in 10 Years (THR / The Live Feed)
ABC’s annual airing of the Oscar telecast dominated Sunday night. Final ratings for the Ellen DeGeneres-hosted show have the Academy Awards more than 2.5 million viewers ahead of last year, even in the key demographic. All told, ABC’s coverage of the Academy Awards averaged 43 million viewers and a 12.9 rating among adults 18-49. That’s a 6 percent boost in viewers and a virtual tie with last year’s adults-under-50 score. DeGeneres brought lifts among younger viewers and men — with ratings among adults 18-34 and men both at their highest since 2007. Variety DeGeneres also helped pushed the Oscars to new heights on Twitter on Sunday night: The total U.S. audience on the social platform was nearly one-third the TV draw, with a 75 percent jump in tweets related to the show over last year. About 13.9 million people saw a total of 1.04 billion tweets about the Oscars, according to Nielsen’s SocialGuide. LostRemote The ceremony also led to more than 25.4 million interactions (status updates, comments and likes) by some 11.1 million Facebook users, and the top social moment was the crowning of 12 Years A Slave as best picture. TVNewser ABC’s related programming also received a boost. Oscars Red Carpet Live, hosted by Good Morning America anchors Robin Roberts and Lara Spencer, was up compared to last year for all three half-hour segments of the show. The final half-hour pulled in 27.6 million viewers. Deadline Hollywood Coming on right after the big show for a ninth year in a row, Jimmy Kimmel Live: After The Oscars was up 22 percent in total viewers and 20 percent in the key demo over last year, good for its best ever post-Oscars performance. With past Oscar winner Kevin Spacey among his guests, Kimmel was watched by 6.993 million viewers overall, with 2.423 million in the demo.

Read more

Newsweek Staffers Participating in Reddit AMA

The staffers at Newsweek want to hear from you, so they’re going to participate in a Reddit Ask Me Anything tomorrow.

As you know, IBT Media plans to relaunch the print version of Newsweek, which means there will be plenty to talk about. Especially with the news that the magazine’s debut has been pushed back until March.

We’ve already provided you with a list of questions you shouldn’t ask Newsweek staffers (“You know we still have Time, right?”), so please continue to heed that advice. There’s no need to hurt anyone’s feelings. Though if you could ask if they’re going to call it Zombie Newsweek we’d appreciate it.

<< PREVIOUS PAGENEXT PAGE >>