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Posts Tagged ‘The Hotline’

Morning Media Newsfeed: Letterman to Retire | Mozilla’s Eich Resigns | Fusion’s TV First

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David Letterman to Leave Late Show (TVNewser)
During the taping of Thursday’s Late Show, David Letterman announced next year will be his last on the show he’s hosted for more than two decades. The news was first reported on Twitter by R.E.M. bassist Mike Mills, a guest on the show, just after 4 p.m. ET. Letterman, who turns 67 next week, signed a contract extension in October. Adweek The duration of the new deal seemed a sure sign that the clock was ticking on Letterman’s late night tenure. Two years prior to signing the extension, the host had agreed to a two-year deal. NYT Letterman said he had informed CBS president Leslie Moonves of his intention to step down from The Late Show at the end of his current contract, which has about 16 months left. A specific end date has not yet been set. Letterman is considered by many to be the most original voice in the late-night format, and Moonves has been steadfast in his assurances in recent years that he would never ask Letterman to retire, saying at one point, “You don’t do that to a television legend.” Mashable Letterman hosted Late Night on NBC from 1982 to 1993 before starting Late Show on CBS in 1993. In 2013, he surpassed Johnny Carson as the longest-running late night talk show host in television history. He has been part of more than 6,000 late-night broadcasts. USA Today It’s unclear how CBS will replace Letterman, and when, precisely. Craig Ferguson, who hosts the Letterman-produced Late Late Show, is not being considered as a replacement, insiders say, even though his contract technically promises it. Moonves is known to have been interested in The Daily Show‘s Jon Stewart over the years, but in the past Stewart has said he is not interested in a network talk show. Stewart’s Comedy Central partner Stephen Colbert is seen as a more likely candidate, and is available sooner: His contract with Comedy Central expires in December, though Stewart is free in 2015. Chelsea Handler also announced plans to leave her late-night E! show this year.

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Changes At Atlantic Media: Research Co. Sold, Justin Smith Named President

SmithJustin.jpgDavid Bradley, the chairman of Atlantic Media Co., announced some big changes to his Washington, D.C.-based company today.

Emphasizing his focus on media, Bradley announced that he is selling his stake in the investor research firm he founded in 2008, Potomac Research Group. Bradley is passing PRG to Suzanne Clark, who has been serving as president of Atlantic Media’s National Journal for three years. Clark, who founded PRG with Bradley, will become the company’s CEO next month.

“Only the chance to grow my own company could influence me to leave my exceptional colleagues at Atlantic Media,” Clark said. “I am exceedingly grateful to David for providing this unique entrepreneurial opportunity.”

Justin Smith, previously the president of Atlantic Consumer Media overseeing The Atlantic and its related entities, will now be taking on Clark’s responsibilities as well as president of Atlantic Media. Explained the company:

“Smith will now add to his responsibilities oversight of the National Journal and Government Executive Groups — including the industry-leading National Journal, CongressDaily, The Hotline and Government Executive publications.”

Full release announcing Smith’s promotion, after the jump

Previously: Atlantic Media Scoops Up Reuters.com Editor For Digital Project

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