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Posts Tagged ‘Rupert Murdoch’

Morning Media Newsfeed: Tebow Joins GMA | EU Regulators Approve BSkyB Acquisitions

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Tim Tebow Joins Good Morning America as Contributor (TVNewser)
With football dominating much of the news this week, Good Morning America is adding another former NFL star to its roster. THR / The Live Feed Already ingrained in the Disney-ABC family as an ESPN analyst, Tim Tebow officially makes his debut on the current No. 1 morning talk show as the newest contributor on Sept. 15. HuffPost ABC News said that Tebow will help with the morning show’s “Motivate Me Monday” series, reporting from the studio and towns across the country on inspirational stories. The Sentinel Tebow’s first story will focus on 10-year-old Deven Jackson of Perry County, Pa. Two weeks ago, Jackson played in a midget football game, three years after losing both legs to a rare illness. Tebow spent the day with Jackson and his family at their home. Tebow also spoke to Jackson’s midget football team. The league is trying to raise $10,000 to purchase the proper equipment for Jackson. The Wire Tebow, 27, played college football at the University of Florida from 2007-2009, during which time he became the first underclassman to win the Heisman Trophy. Despite early success in the NFL with Denver Broncos, Tebow struggled in subsequent stints with the New York Jets and New England Patriots.

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Morning Media Newsfeed: CNN Hires Carney | Sony, Viacom Reach Cloud-Based TV Deal

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Jay Carney to Join CNN as Political Commentator (FishbowlDC)
Former White House press secretary Jay Carney has joined CNN as a political commentator Washington bureau chief Sam Feist announced Wednesday. His first assignment was on the network’s coverage pertaining to President Barack Obama’s remarks on ISIS. TVNewser “I’m thrilled to be joining CNN at a time when there is so much happening in the nation and the world,” said Carney. “Jay’s unique experience as both a journalist and a White House press secretary make him an invaluable voice for the network as we cover the final two years of the Obama Administration and look ahead to the coming campaigns,” said Feist. THR / The Live Feed Carney, who served as Time magazine’s Washington bureau chief before departing to the White House, resigned from his administration role on May 30. Within days, speculation swirled about which media role he would pursue — a book and a cable news job were both mentioned. On June 18, less than a month after leaving the White House, The Washington Post reported that CNN already had made “a fine offer” to Carney for a network role. Mediaite Carney’s new employer hardly comes as a surprise, as many expected him to join one of the three major cable networks after he stepped down from the podium in June — though his name was also bandied about for a position at Apple or a startup. Politico Carney said when he left the White House in May that he’d maintain a public presence in the media. He also signed with the Washington Speakers Bureau. Carney joins a long line of former White House press secretaries making the jump to cable: Robert Gibbs joined CNBC after leaving the White House, Dana Perino is currently a host on Fox News, and George Stephanopoulos is now an ABC News anchor.

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Fox’s Chase Carey on Time Warner: ‘We’ve Moved On’

Chase Carey GChase Carey, president and COO of 21st Century Fox, wants everyone to know that his company is already healing from the heartbreak of not acquiring Time Warner. “We’ve moved on,” Carey said, during a London TV industry conference. “We don’t want to be revisiting something that is in the past or implying that we are continuing to be engaged.”

Carey and 21st Century Fox had tried to purchase Time Warner for $80 billion last month, but the offer was rejected. At the time, Rupert Murdoch put the blame squarely on Time Warner’s shoulders. “Time Warner management and its Board refused to engage with us to explore an offer which was highly compelling,” he explained.

According to Variety, Carey added that for now, at least, there are no other companies worth pursuing. “We don’t have an acquisition list,” he said. “Time Warner was a unique opportunity for us.” Hey, buck up buddy. There’s other media companies in the sea.

Morning Media Newsfeed: Todd Makes MTP Debut | Scarborough Joins NBC News

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Chuck Todd’s First Meet The Press: ‘This Program Will Continue to Evolve’ (TVNewser)
Chuck Todd opened his first Meet The Press, surrounded by the press. At a new desk, with Todd at its center, NBC’s political director introduced those around him: MSNBC’s Joe Scarborough, Nia-Malika Henderson of The Washington Post, NBC’s Andrea Mitchell and waiting in the wings, BuzzFeed’s John Stanton and Amy Walter, formerly of ABC News, now with the Cook Political Report. FishbowlDC For his first Sunday as moderator, Todd talked exclusively with President Barack Obama on topics ranging from ISIS to U.S. relations with Russia and Ukraine and the 2014 midterm elections. The interview took place at the White House over the weekend and aired during Sunday’s 10:30 a.m. broadcast of MTP. Deadline Hollywood Things got testy — and Todd showed a tendency to interrupt — when Obama defended his decision to delay executive action on immigration, saying the summer’s surge of unaccompanied children at the Mexican border changed the politics of the issue. He rejected Todd’s notion the postponement is a political tactic intended to help embattled Democrats in the months before midterm elections, saying that the delay will help make new immigration policies “sustainable” when they are announced later this year. HuffPost There were other small tweaks in the show; Todd threaded his big interview with President Obama throughout the show instead of front-loading it at the beginning, turning to the panel after each portion was over. Todd’s real test will be in the weeks and months ahead. Todd has vowed to cut down on the Beltway bloviators and said he won’t book politicians unless they actually have a stake in the issue at hand. And, of course, he has to pull Meet The Press out of its ratings sinkhole. Politico In selecting Todd as moderator, the NBC News brass is gambling on the belief that a Sunday morning public affairs show can still set the national agenda, as it did under the late Tim Russert. The payoff, they hope, is that Todd can once again make Meet The Press a dominant force in American politics and — though they’d never admit it publicly — effectively erase the nightmare that was David Gregory’s final year as moderator.

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Source: Rupert Murdoch Downsized Post Joan Rivers Coverage

According to Capital New York’s Joe Pompeo, the original mock-up for today’s New York Post front page featured Joan Rivers across the full bottom half of the page. So what happened?

NYPostFront_0905

If you believe the reporter’s source, it was none other than the boss-of-all-bosses who decided half the front was too much:

This is the story being relayed in some corners of the Post‘s Sixth Avenue offices: Yesterday happened to be one of those days when Rupert Murdoch, chairman of the Post‘s parent company, News Corp, was passing through the newsroom. (He’s been back in town since at least September 2.) And apparently, when Murdoch saw the mock-up, he wasn’t having it.

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Morning Media Newsfeed: Bloomberg Back to Lead Company | Obama Vows Justice for Sotloff

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Michael Bloomberg to Return to Lead Company He Founded (NYT)
Michael R. Bloomberg has decided to reassume the leadership of his business empire only eight months after ending his final term as mayor of New York. Late Wednesday, Bloomberg told close confidants and senior executives of Bloomberg LP, a financial data and media company, that Daniel L. Doctoroff, its chief executive and a longtime friend and lieutenant, would leave the company at the end of the year and that he would take over. FishbowlNY It seems like only yesterday that Bloomberg was chiding us for drinking large sodas and eating too much salt. In fact, that was about nine months ago. During the time since he vacated the mayor’s office, Bloomberg has become bored. And so he’s returning to a little company called Bloomberg LP, as its CEO. WSJ In a statement, Bloomberg said he hadn’t intended to return to Bloomberg LP after his mayoral stint was completed. “However, the more time I spent reacquainting myself with the company, the more exciting and interesting I found it — in large part, due to Dan’s efforts. I have gotten very involved in the company again and that led to Dan coming to me recently to say he thought it would be best for him to turn the leadership of the company back to me.” NPR / The Two-Way Both Bloomberg and Doctoroff, a former deputy mayor under Bloomberg before being tasked with running the company, told the Times that there was no animosity between them regarding the shift. Forbes Bloomberg only had praise for his former deputy, who took revenues from $5.4 billion in 2007, just before he became president, to more than $9 billion this year.

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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: Fox, Time Warner Issue Earnings | Coulson Charged With Perjury

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ShutterstockRupertMurdoch

Fox, Time Warner Deliver Dueling Earnings Reports, Both Positive (NYT)
How dead is the Fox-Time Warner deal? So dead that Rupert Murdoch hopped on his company’s quarterly earnings call on Wednesday to drive home the point that his giant media company, 21st Century Fox, really is walking away. The collapse of the deal, which would have been the biggest media merger in a decade, set the stage for a day of dueling earnings reports and analyst conference calls on Wednesday, as both Fox and Time Warner sought to reassure investors that they were going to be just fine without each other. Capital New York “This is our resolute decision, which is why we formally withdrew our acquisition offer,” Murdoch said, citing Time Warner’s decision not to negotiate, the response from Fox’s board of directors, along with Fox’s stock price, which Murdoch said is “severely undervalued.” Variety Film and cable programming gains powered 21st Century Fox to strong earnings and revenue gains in the fiscal fourth quarter, despite a big decline at the Fox network from the collapse of American Idol. Fox reported revenue of $8.42 billion, a 17 percent gain over the year-ago quarter powered by stronger contributions from the film division. Operating income climbed 17 percent to $1.77 billion. THR During the regular session Wednesday, shares of 21st Century Fox rose 3 percent and another 4 percent after the closing bell. Shares of Time Warner, meantime, were crushed because of the failed merger attempt, falling 13 percent in regular trading Wednesday. HuffPost / AP Time Warner Inc. said Wednesday that its second-quarter net income rose 10 percent on strong results from its HBO and Turner properties. New York-based Time Warner, which owns TV channels like HBO and TBS as well as Warner Bros. studios, said profit increased to $850 million, or 95 cents per share, from $771 million, or 81 cents per share, in the same quarter a year earlier.

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Morning Media Newsfeed: Murdoch Withdraws Time Warner Bid | New Leaker Emerges

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After Pushback, Murdoch Abandons Fox’s Pursuit of Time Warner (NYT / DealBook)
At 4:07 p.m. Tuesday, the chief executive of Time Warner Inc., Jeffrey L. Bewkes, received an unexpected email. “On behalf of our board and senior management team, I am writing to inform you that we are withdrawing our offer to acquire Time Warner, effective immediately. Sincerely, Rupert Murdoch.” A hand-delivered letter bearing the same message arrived soon after. TVNewser In short, Murdoch’s 21st Century Fox withdrew its bid for Time Warner, CNN’s parent company. FishbowlNY Early last month, word leaked that Murdoch’s bid of $80 billion was rejected, which raised speculation that he’d try everything in his power to make it happen. Instead, the opposite has occurred. Politico / Dylan Byers on Media Subsequent reports speculated that Murdoch, dogged in his pursuit of an acquisition, would consider upping the offer by as much as $13.5 billion. Had such a deal gone through, it would have merged the country’s top-two cable providers, giving Murdoch control of several top-rated cable networks, including TNT, Fox News, TBS and Cartoon Network. WSJ Fox cited both Time Warner’s unwillingness to “engage with us” and a sharp drop in Fox’s stock price which made a deal “unattractive to Fox shareholders.” Fox’s stock had fallen about 11 percent since news broke last month that it had made a takeover offer for Time Warner, valued at $85 a share.

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Rupert Murdoch Gives Up Trying to Buy Time Warner

It’s over. Rupert Murdoch and his company, 21st Century Fox, have officially given up on trying to buy Time Warner. Early last month, word leaked that Murdoch’s bid of $80 billion was rejected, which raised speculation that he’d try everything in his power to make it happen. Instead, the opposite has occurred.

In a statement, Murdoch essentially blamed it all on Time Warner:

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