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Posts Tagged ‘Spotify’

Morning Media Newsfeed: S&S Joins eBook Services | Netflix to Expand | Spotify Hits Milestone

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Simon & Schuster Joins Scribd, Oyster eBook Subscription Service Libraries (GalleyCat)
Simon & Schuster has established a partnership with Scribd and Oyster. Readers will now have access to the publisher’s backlist eBook titles. GigaOM eBook subscription sites are still young — both Oyster and the reinvented Scribd, which offer users unlimited access to a library of eBooks for under $10 a month, just launched last fall. In that time, one of the questions for these services has been whether big publishers would sign up. Until now, the only Big Five publisher participating in either service had been HarperCollins. Mashable As part of the agreement, Simon & Schuster will make available its entire backlist of thousands of books. Eric Stromberg, cofounder and CEO of Oyster, framed the deal as a strong endorsement for the eBook subscription market, or as he put it, the access model. WSJ Simon & Schuster and HarperCollins both view the services as a way to jump-start sales of older books. Both publishers have limited what they make available to titles that have been in print for at least a year. The Oyster and Scribd deals are “an experiment, but it’s a serious experiment,” said Carolyn Reidy, chief executive of Simon & Schuster, a unit of CBS Corp. Simon & Schuster also has experimented with providing books to another kind of subscription service, one now called Entitle Books Inc., which lets consumers buy a certain number of books for a set price every month. Forbes The deal includes authors like Stephen King — the most searched author in the Oyster platform — and Ernest Hemingway, who is No. 5. Other names snagged in the deal include Dan Brown, Mary Higgins Clark, Ray Bradbury and F. Scott Fitzgerald.

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Morning Media Newsfeed: Separatists in Ukraine Seize TV HQ | CNN Raises Ethical Questions | Gregory Slams Report

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Separatists Seize Control of TV HQ in East Ukraine City (Reuters)
Pro-Russian separatists on Sunday seized control of the offices of regional state television in the eastern Ukrainian city of Donetsk and said they would take it off air and broadcast a Kremlin-backed Russian channel instead. Sky News Four men wearing masks and armed with truncheons were standing at the entrance to the building in Donetsk, while more separatists could be seen inside wearing camouflage fatigues. The regional governor’s office and the city hall in Donetsk have already been seized by separatists. NBC News About 15 police officers were standing a short distance away but were not trying to resist the separatists. A crowd of around 400 people surrounded the building and shouted “Russia!” and “Referendum!,” a reference to a vote the separatists want to hold on seceding from Ukraine. The protesters later drifted away, but the separatist guards on the doors remained. One of the masked men at the entrance, who asked why the building had been seized, said: “They show lies; they try to influence the people and they broadcast misinformation.” The Guardian The station’s shaken director, Oleg Dzholos, emerged soon afterward to say that the separatists had brought with them a technician who was turning off Kiev television and replacing it with Rossiya 24. The Russian state channel calls Ukraine’s pro-western leaders “fascists” and frequently runs montages of them with footage of the Nazis. “We hope to continue broadcasting,” Dzholos said. His staff of 250 would be back at work on Monday morning, he said. WSJ Sunday’s incident marked an escalation in the struggle between pro-Russian protesters who want to turn Ukraine’s industrial heartland into a sovereign republic and Kiev’s interim government, which has tried, without success, to defeat a separatist rebellion that threatens the unity of the country. Ukraine accuses Russia of stirring up the separatist unrest by broadcasting strident anti-Kiev views on Russian television channels and by sending covert operatives to help organize the insurgency, particularly in Slovyansk, a city north of Donetsk that has been taken over by heavily armed gunmen. Moscow denies any role.

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Morning Media Newsfeed: NYT Sued | Layoffs at AJAM | Turner’s Koonin Exits for NBA

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Texas Monthly Sues Times Co. Over New Hire (NYT)
The publisher of Texas Monthly filed a lawsuit on Friday against The New York Times Company related to the Times’ hiring of the magazine’s departing editor-in-chief, Jake Silverstein. FishbowlNY Emmis Publishing is claiming that the Times influenced Silverstein into breaching his contract. The lawsuit states that Silverstein’s contract expires in February of next year. NY Post The six-page Texas state court action alleges that Times executive editor Jill Abramson started recruiting Silverstein in December 2012 — a full year before then-magazine editor Hugo Lindgren was ousted. Greg Loewen, president of Emmis, said the company has been “damaged by the Times and expects to be compensated.” Capital New York The suit, which seeks damages between $200,000 and $1 million, names only the Times, not Silverstein, as previously reported. Loewen said the company never intended to stand in the way of Silverstein’s pursuit of the Times Magazine editorship. Loewen said that after Silverstein told his employer last month that he was being considered for the job, Emmis notified the Times that they would have to reach a settlement on the termination of his contract with Emmis to account for the costs associated with finding Silverstein’s replacement, as well as the damage of losing a star editor. New York Magazine / Daily Intelligencer In a statement, Emmis said, “No such agreement was reached and, to date, the Times has refused to even participate in settlement discussions despite numerous attempts” by Emmis to do so.

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Morning Media Newsfeed: Facebook Buys Oculus | Atlantic Makes Changes | Amazon Credits eBooks

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facebook oculus

Facebook Bets $2 Billion on Virtual Reality (Financial Times)
Facebook is making a $2 billion bet that virtual reality headsets will be the next big social platform after computers and smartphones, with the sudden acquisition of Oculus VR. The deal marks an unexpected move by the world’s largest social network into the hardware business, at a time when arch-rival Google is investing in robots, its own Google Glass headset and other long-term ventures. Facebook believes that virtual reality’s applications could extend beyond gaming into entertainment and education. AllFacebook The transaction is expected to close during the second quarter, and it is comprised of $400 million in cash, 23.1 million shares of Facebook class-A common stock (worth $1.6 billion based on the average closing price of $69.35 for the 20 trading days leading up to March 21) and $300 million in potential cash and stock based on reaching certain unspecified milestones. Facebook said in its announcement that more than 75,000 orders have been placed for Oculus Rift development kits, adding that it plans to help Oculus expand into verticals including communications and media. Adweek The Irvine, Calif.-based company’s Rift headset covers the eyes of users and plants them in a virtual reality world in which they can play games, watch movies and interact in new ways. GigaOM Facebook CEO Mark Zuckerberg said that he sees Oculus as an opportunity to move beyond the console and toward ubiquitous computing. He doesn’t expect Facebook to make money off of selling Oculus hardware; instead, it might become a ubiquitous world for communication that might contain advertising. “Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face — just by putting on goggles in your home,” Zuckerberg explained. Bloomberg The deal follows a spate of acquisitions that Facebook has used to build up its mobile business. Last month, the company agreed to purchase messaging application WhatsApp for $19 billion. In 2012, Facebook bought mobile photo-sharing program Instagram for about $700 million. Facebook had $11.4 billion in cash and investments at the end of 2013.

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Morning Media Newsfeed: Buffett Eyes TV | NYT Hires Fashion Critic | WSJ Editor to Facebook

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Berkshire to Buy TV Station From Graham in $1.1 Billion Swap (Bloomberg Businessweek)
Berkshire Hathaway Inc. reached a deal to acquire a Miami television station and some of the company’s own shares in a $1.1 billion swap for Graham Holdings Co. stock that Warren Buffett held for more than four decades. Deadline New York Buffett’s stake accounted for about 23 percent of the voting shares in Graham as of the last proxy, out early last year. He will receive the ABC affiliate plus an unspecified amount of cash and shares that Graham owns in Berkshire Hathaway. Variety The pact marks a turning point for Berkshire and the Graham Holdings, the publicly held firm that changed its name from the Washington Post Co. after it sold its flagship newspaper to Amazon mogul Jeff Bezos last year. Berkshire had been an investor in Washington Post Co. since the 1970s, with Buffett having served as a board member of the publishing and TV station conglomerate. Poynter / MediaWire Berkshire Hathaway purchased most of Media General’s newspapers in 2012, and it’s added lots of newspapers since. Reuters reported in February that Berkshire Hathaway was in talks with Graham Holdings “to trade the shares it owns in the education and media company for control of a yet-to-be-formed unit of Graham.” Graham Holdings still owns TV stations in Detroit and Houston. NYT / DealBook Buffett has embarked on a late-in-life run as a media mogul of sorts, assembling a prospering portfolio that includes his hometown newspaper, The Omaha World-Herald. The deal will bring Berkshire its first television station, whose call sign refers to Philip L. Graham, Katharine Graham’s husband and her predecessor as the publisher of the Post. Perhaps most notably, however, the deal sharply curtails Buffett’s business ties to the Graham family. TVSpy “Warren Buffett’s 40-year association with our company has been extremely good for our shareholders. Naturally, the deal that we have put together is one that will be good for both companies,” said Donald E. Graham, chairman and CEO of Graham Holdings.

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Sketch Comedy Group Shares Some ‘Office Vacation’ Secrets

For many in the Naked City, times are still tough. But as members of comedy troupe Local Empire demonstrate in the video below, that doesn’t mean you have to forego a nice, relaxing vacation.

All you need is a free weekend and the keys to the NYC office. Or in this particular case, the keys to Droga5, an advertising network located in NoHo on Lafayette Street.

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