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Posts Tagged ‘SXSW’

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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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Anchorman 2 Spawns a Food Truck

The endless Paramount PR campaign for Anchorman 2 began with promo appearances by Will Ferrell as Ron Burgundy on just about every news show imaginable. Then, a few weeks ago, there was the limited theatrical release of a second, alternate version of the movie featuring “763 new gags.”

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Now comes word via Home Media magazine senior reporter Chris Tribbey of an Anchorman food truck. “AnchorVan” is being launched today at SXSW to support the upcoming DVD release of the sequel and will wind its way to NYC for a close-out appearance on April Fools Day:

The “AnchorVan” will offer free chicken (Champ Kind’s Whammy! Chicken, of course) and give Ron Burgundy fans a chance to go on-camera to test their teleprompter reading skills.

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Here’s the NY Times’ Exec Editor Hitching a Ride in a Pickup Truck

South by Southwest to do list:

  • Near constant social media updates praising SXSW
  • Near constant real life disappointment with SXSW
  • Small talk with media types
  • Big talk with local drunks
  • Attend a panel discussion about a trend that isn’t a trend
  • Attend a panel discussion by people who take themselves too seriously
  • See a concert by a terrible band
  • See a concert by an average band
  • Witness Jill Abramson, executive editor of The New York Times, hitching a ride in the back of a pickup truck

[Image via David Carr]

David Carr: ‘Don’t Give Your Sh*t Away for Free’

Extreme Makeover: Online Profile Tips at SXSW

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Web 2.0 consultant Leora Israel photographs Nick McGlynn during their SXSW panel.

One of the major themes at SXSW was how do you effectively manage your privacy while simultaneously managing a stellar online profile?

Beyond the big think talks on the subject (Doug Rushkoff and danah boyd), NY-based web 2.0 consultant and nightlife photographer Leora Israel assembled a panel to discuss this in a more intimate setting. The panel included Nick O’Neill, who runs Mediabistro partner blogs SocialTimes and AllFacebook.com; nightlife photog Nick McGlynn; and Lookbooks.com co-founder Jonathan Levy. Jo Blackwell-Preston, who owns Dop Dop salon in Soho and is Creative Director for L’Oreal Professional, offered styling services to willing participants.

Leora opened up by stating that “Everyone can be beautiful- all you need is a photographer, a stylist, and a personality.” Simple enough, but who wants to put that much effort into it? Quite a few, it seems. The panel was packed, and though people were interested in the makeover portion, the conversation quickly turned to managing privacy, particularly on Facebook. The group offered savvy advice that amplified danah boyd’s research findings: only 35% of Facebook users understand their privacy settings, which means that 65% of the user profiles are public and available for anyone to view. The advice? Know your privacy settings. Decide on your profile objectives, and how you want to be portrayed online.

But, does anyone outside of your immediate social network really “see” your profile? Yes. A hiring manager for Playboy was the first to speak up. “We’re hiring an editor,” she said. “When I looked up the candidate’s Facebook profile, she had very inappropriate photos posted. You might think that at Playboy, it wouldn’t matter to us- but, we weren’t looking for a model.” The candidate was immediately disqualified.

Jim Louderback, CEO of Revision3, and Rachel Sklar, Editor-at-Large for Mediaite, were two of the makeover participants and echoed the sentiments of the panelists. Louderback pointed out the “different rings of trust” that should determine who can view which part of your online life.

Some tips from the conversation:

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