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Posts Tagged ‘Sinclair’

Morning Media Newsfeed: Condé Nast Names CMO | Gregory Writing Book on Jewish Faith

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Edward Menicheschi Named CMO of Condé Nast (FishbowlNY)
Edward Menicheschi has been named chief marketing officer and president of Condé Nast. Menicheschi most recently served as Vanity Fair’s VP and publisher. New York Post Menicheschi will replace Lou Cona, who is getting the boot. Some were speculating that Gina Sanders, the president of Condé’s Fairchild division, might land the vacant Vanity Fair job now that her group is being sold to Penske Media Corp. Capital New York Cona has served as the media group’s president and chief revenue officer since April 2013. As home to the publisher’s corporate and digital sales and marketing teams, the division is a central corridor of business-side power. Cona first ascended the corporate ladder to the media group in 2010 after his own stint as Vanity Fair’s vice president and publisher, and a run at The New Yorker before that. WWD Cona’s departure came as a surprise to some within Condé. In April 2013, he was promoted after he mused about retiring at the ripe age of 55. TheWrap Prior to Menicheschi’s role at Vanity Fair, he was president of WWD Media Worldwide. He has held a number of senior roles at Vogue and GQ.

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Morning Media Newsfeed: Obama Honors Foley | Afghanistan Expels NYT Reporter

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Obama: Foley Execution ‘Appalled’ the Entire World (TVNewser)
President Obama took the podium Wednesday in Martha’s Vineyard to speak about James Foley, the American journalist who was beheaded by ISIS in a video released Tuesday. The United States Wednesday morning verified the authenticity of the video, which also shows another captive American journalist, Steven Sotloff, and warns that he will be next to die. FishbowlDC Obama said, “No just God would stand for what they did yesterday or every single day… People like this ultimately fail. They fail because the future’s won by those who build and not destroy. The world is shaped by people like Jim Foley.” ABC News, CBS News, NBC News, FOX News, CNN, MSNBC and Al Jazeera America all broadcast Obama’s statement live. NYT Obama declared on Wednesday that the entire world was “appalled” by the videotaped beheading of Foley by Islamic militants, speaking as American warplanes conducted 14 airstrikes in Iraq and the State Department asked the Pentagon to send as many as 300 more American troops to Iraq for security. Mashable Obama sent U.S. troops to Syria earlier this summer to rescue a number of Americans held by a violent extremist group, including Foley, but the troops did not find the hostages, senior Obama administration officials said Wednesday. The officials said the rescue mission was authorized after intelligence agencies believed they had identified the location inside Syria where the hostages were being held. HuffPost Associated Press CEO Gary Pruitt condemned the murder of journalist Foley in a statement on Wednesday. His murder should be treated as a war crime, according to Pruitt. Foley went missing in Syria in 2012. He contributed to the GlobalPost and Agence France-Presse, among other media outlets. TVNewser CBS’s Clarissa Ward changed her profile picture, Fox News’s Conor Powell remembers him as “a great guy,” while Al Jazeera journalist Mohamed Fadel Fahmy, himself imprisoned in Egypt, says Foley’s murder “will spark a revolution against terrorists.” These are just some of the ways those who knew and worked alongside the intrepid journalist are remembering their colleague killed by ISIS militants.

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

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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: WaPo Reporter Detained in Iran | Bloomberg Hires Topolsky

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WaPo Reporter, Other Journalists Appear to Have Been Detained in Iran (The Washington Post)
Three American citizens, including the Washington Post’s correspondent in Iran, appear to have been detained this week in Tehran, U.S. officials and the newspaper said Thursday. FishbowlDC Jason Rezaian and his wife, Yeganeh Salehi, are among four individuals — including two unnamed American freelance photojournalists — detained without explanation. Mediaite Salehi, an Iranian citizen, works for a paper out of the United Arab Emirates. The Post does not know why they were detained or by whom; Rezaian’s family has not issued a comment. The State Department said it was aware of the incident but revealed no further information. HuffPost Rezaian has been based in Iran since 2008 and with the Post since 2012. He most recently reported Friday from Vienna on talks over Iran’s nuclear program. Laura Rozen, a reporter with Al Monitor, tweeted that she saw Rezaian on Saturday and that he was planning to fly back that night to Tehran. NYT Hamid Babaei, a spokesman for Iran’s mission to the United Nations, said it, too, was “following up on the case” and would notify reporters when it had any news. The Committee to Protect Journalists, a press freedom advocacy group, called on the Iranian authorities to explain their actions, and to release those it was holding. The U.S. does not have diplomatic relations with Iran. The Swiss government, which has an embassy in Tehran, acts on behalf of American citizens in the country.

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Morning Media Newsfeed: Microsoft to Cut 18,000 Jobs | Aereo Faces Setback

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Microsoft to Lay Off 18,000 Workers, Largest Cuts in History (SocialTimes)
Over the next year, Microsoft is eliminating 18,000 jobs, or as much as 14 percent of its workforce. CEO Satya Nadella wrote a public email to company employees on Thursday saying “every team across Microsoft must find ways to simplify and move faster, more efficiently.” He said that he would give more details on Tuesday, when Microsoft reports its fiscal 2014 results. Deadline Hollywood The layoffs will hit hardest at the Nokia Devices and Services phone handset business, acquired in April. “We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six months,” Nadella said in the email Thursday. Microsoft expects the restructuring to result in as much as $1.6 billion in pre-tax charges over the next four quarters. That will include as much as $800 million for severance and related benefit costs, and up to $800 million in asset-related charges. Variety Microsoft is also getting out of developing original series for its Xbox gaming platform and will close Xbox Entertainment Studios in the coming months. Xbox chief Phil Spencer announced Xbox Entertainment Studios will shutter and that some projects in development and production, including a live-action Halo series, will still be produced. New York Post / Reuters The studio, set up in 2012 under then-CEO Steve Ballmer, said in April it had committed to several projects including Humans, a drama co-produced with U.K. broadcaster Channel 4, and Halo. NYT While Microsoft still makes profits that executives at other companies would be ecstatic to have, it has been beaten on the biggest new trends in tech, including mobile, Internet search and cloud computing. As a result, it is regularly left out of conversations about companies defining the next generation of technology, outflanked and overshadowed by companies like Apple, Google, Facebook and Amazon.

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