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Time Warner Temporarily Removes CBS in Major Cities (NYT)
CBS stations were temporarily removed from cable systems in millions of homes in major cities — including New York and Los Angeles — about midnight on Monday, after protracted negotiations between CBS and Time Warner Cable over fees collapsed. In statements, each side blamed the other. The Consumerist In a bizarre coda to a story full of misinformation and bad math from both sides, the TWC blackout only lasted about 30 minutes, with the cable company explaining, “At the request of CBS, we have halted going dark on their channels.” Good to know that these titans of industry care enough to be this fickle with deadlines and consumers’ viewing options. TVNewser “We are now at war with Time Warner Cable,” CBS CEO Les Moonves said to the LA Times’ Joe Flint. “The outrageous demands for fees by CBS Corporation have forced Time Warner Cable to remove several of its networks,” TWC said in a statement. LA Times / Company Town Although squabbles between programmers and distributors are fairly common, seldom does it reach a point that a signal gets taken off the air, especially in big markets such as Los Angeles and New York. Deadline New York Time Warner Cable now says it has agreed to yet another extension with CBS “while we continue negotiations.” This moves the deadline to Friday, Aug. 2 at 5 p.m. ET.
Posts Tagged ‘Thomson Reuters’
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It’s been 17 months since Thomson Reuters debuted an online financial video news service, available to Reuters subscribers.
However, much like the recent layoffs dotting the radio landscape, (Cumulus, Clear Channel), Thomson Reuters is doing its own restructuring going forward.
“Reuters Insider launched last year with the goal of bringing exclusive multimedia programming to our financial clients, and today we announced plans to broaden our reach to non-financial audiences,” a spokesperson says. ”The new approach will result in the redeployment of resources and in some cases the reduction of editorial staff.”
The spokesperson is unable to specify the size of the staff cutback.
Steve Adler, Thomson Reuters editor-in-chief, told staffers in an email obtained by FishbowlNY, ”The new approach, with more emphasis on high impact than high volume, will necessarily result in the reduction and redeployment of Reuters Insider editorial staff.”
Reuters has announced that James Ledbetter will be its first Op-Ed Editor. According to a memo received received by Poynter, Ledbetter, who has been Editor-in-Charge of Reuters.com since last year, will be replaced by Kenneth Li. Li was previously Editor-in-Charge of Reuters’ technology and media reporting team.
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Forbes: New York Daily News publisher Mortimer Zuckerman calls Rupert Murdoch‘s plan to launch a local New York section of The Wall Street Journal “a brilliant move”, but worries that there may not be enough advertising to go around for all of the local NY news outlets.
Time: Could the Times‘ pay wall plans imply an impending death for the newspaper? “The online-pay-wall plan is the Times saying things cannot continue at this rate. Something has to give, and the paper is hoping it will be its readers’ purse strings. And if not? What would its fans — and its critics — do without it?”
This year — full of flux and uncertainty about where the media is heading — has resulted in a vast number of job changes and departures across all matter of media companies and publications. In almost every field of journalism, big names have either been fired, promoted, retired, or simply moved on to more lucrative positions. Here, we take a look back at the biggest industry shakeups of 2009.
The Biggest Move in Magazines: Stephen Adler leaving BusinessWeek.
When editor Stephen Adler announced his departure from BusinessWeek this October following the magazine’s sale to Bloomberg LP, he wasn’t just making a statement, he was starting a trend. Soon he was followed by some of his former colleagues, like John Byrne and BusinessWeek‘s president Keith Fox, who decided to stay with magazine’s original parent, McGraw-Hill. (Not to mention all of those who involuntarily left the pub not long after.) It takes a lot of chutzpah to up and quit your editor gig in the middle of this turbulent media landscape, it takes even more to get your coworkers to come with you. Fortunately for Adler, he’s already landed another gig at Thomson Reuters.
Runners Up: Time.com managing editor Josh Tyrangiel comes on board as editor at Businessweek; Marie Claire‘s publisher Susan Plagemann joins Vogue; Nancy Berger Cardone of shuttered Gourmet takes Plagemann’s spot at Marie Claire; Janice Min leaves Us Weekly; Mariette DiChristina becomes Scientific American‘s first female editor-in-chief.
More after the jump
Last night, Thomson Reuters launched a new version of their Web site with a more user-friendly interface and sleek design approach.
According to a statement on the site by Reuters editor-in-chief David Schlesinger:
“This site is for you; we want it to be your ticket to a wealth of news, information, and analysis presented in a cutting-edge format, including text, video, pictures, graphics, user interaction, and personalization features (try the new toolbar at the bottom of every page).”
And he’s not lying: the new Reuters.com front page offers a hundred different starting points into the site, including tag clouds (that’s how you know a site is web 2.0). Reuters is also working on developing apps for smartphones and wireless devices, so that the news org will be up to speed with the digital age right after it’s finished cutting 240 employees from its legal department.
Compare and contrast the old and new Reuters’ homepage, after the jump.
One day after former BusinessWeek editor Stephen Adler was named editorial director of Thomson Reuters‘ Professional division, Dow Jones reports that the media company will lay off 240 employees from one of that division’s sub-sectors.
According to Dow Jones, the cuts will come from Thomson Reuters’ legal division, which includes the Westlaw database and other information and services for legal professionals. The division employs 13,000 people, meaning layoffs of this size will decrease the staff by less than two percent.
Update: A Thomson Reuters spokesman has confirmed to FishbowlNY that the company’s legal division today told 240 people “across a number of its North American businesses and locations that their positions have been eliminated.” Those let go were “primarily in software and content operations.” Severance packages and “outplacement support” is being offered to all those affected, the rep added.
Thomson Reuters To Cut 240 Positions In Legal Business –Dow Jones Newswires
This morning, there are a few new points of view on the deal, which is said to have cost Bloomberg less than $5 million. Bloomberg also reportedly agreed to assume all of BusinessWeek‘s liabilities, including the cost of getting magazines to all of its subscribers who have paid in advance and any severance packages for BusinessWeek employees who are laid off during the transition. The New York Times says BusinessWeek‘s liabilities were $31.9 million as of April.
The Times also reports that the magazine will be rechristened Bloomberg BusinessWeek.
The Financial Times focused on the fact that this acquisition is a change of pace for the privately owned Bloomberg. “The rare break from Bloomberg’s tradition of organic growth came as Thomson Reuters, its rival in financial data terminals, was putting the finishing touches to a takeover of Breakingviews.com, a UK-based financial commentary website.”
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New York Times: Following up on our report yesterday, Brian Stelter reports that “This American Life” host Ira Glass is calling an end to the show’s Showtime series after two seasons, although he says he wouldn’t mind working with the cable network on a special project or short series.
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