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Posts Tagged ‘Time Warner’

Morning Media Newsfeed: Journalists Cover Ferguson Grand Jury | Sony Pictures Hacked

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Ferguson Grand Jury Decision: How The Cable Networks Covered It (THR)
White Ferguson police officer Darren Wilson was not indicted in the shooting death of unarmed black teenager Michael Brown. The cable networks have been covering the lead-up since Monday afternoon and carried the announcement live. Politico / Dylan Byers on Media Nearly every major news organization had reporters on the ground, some with upward of two dozen staffers. High profile anchors like Jake Tapper, Don Lemon and Chris Hayes have also been dispatched to cover the grand jury decision and any resulting turmoil. The major broadcast and cable networks, The Washington Post, The Associated Press, The Wall Street Journal, The New York Times, Huffington Post, Reuters, USA Today, The Daily Caller and BuzzFeed all have reporters on the ground, and some have sent additional photographers and videographers as well. TVNewser As President Obama called for calm, angry protesters tried to flip a police cruiser. Less than an hour after the President’s remarks, that police cruiser was on fire. Police told CNN correspondent Jason Carroll and his crew to leave the scene as live rounds in the cruiser started going off. Mediaite Before St. Louis prosecutor Bob McCulloch announced that there would be no indictment for Wilson in the shooting death of Brown, he spent a few minutes railing against the media for its role in the process leading up to Monday night’s announcement. “The most significant challenge encountered in this investigation has been the 24-hour news cycle and its insatiable appetite for something, for anything to talk about,” he said, “following closely behind with the non-stop rumors on social media.” TVNewser As CNN coverage from Ferguson moved into the 10 p.m. ET hour, Anderson Cooper passed off to Don Lemon, who appeared on camera wearing a gas mask on his forehead. Within moments, canisters of gas were thrown into the streets as police moved in and pushed away crowds of protesters. Chris Cuomo, who was live with gas flowing toward his camera position, threw back to Lemon, who was wearing the mask over his face — gas swirling in the air behind him — and was unable to continue. He asked for water. Politico / Dylan Byers on Media ABC News anchor George Stephanopoulos is currently poised to land the first interview with Wilson. TVNewser The announcement came a day after CNN’s Brian Stelter reported a collection of network news anchors had met privately with Wilson. Variety Stephanopoulos prepared to offer a special report on ABC News Monday night. NBC News’ Brian Williams and CBS News’ Scott Pelley anchored special reports covering the announcement.

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Morning Media Newsfeed: Aereo Files for Bankruptcy | MSNBC Hires Ex-WH Staffer

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Aereo Files for Bankruptcy (TVSpy)
With a post on the company’s blog Friday morning, Aereo founder and CEO Chet Kanojia announced the company had filed for bankruptcy protection. THR The digital TV service, which broadcast network owners battled in courts for offering access to broadcast TV signals via digital devices, made a voluntary Chapter 11 filing, it said in the statement. “We encountered significant challenges from the incumbent media companies,” said Kanojia in the statement. Mashable Chapter 11 bankruptcy protection is typically expensive and allows for the company to restructure its debt. While filing for bankruptcy does not necessarily mean the end of the business, Kanojia struck a tone in a statement on Aereo’s website that insinuated the company was done. Variety New York-based Aereo had raised about $97 million, from investors including IAC chairman Barry Diller, media investor Gordon Crawford, Himalaya Capital Management, Highland Capital Partners and FirstMark Capital. Earlier this month Aereo laid off a majority of its staff, including employees in New York and Boston. The company said a small executive team of about a dozen people would remain. GigaOM Aereo’s bankruptcy petition shows it owes roughly $2 million to a list of creditors that include Internet companies like Level 3 and Google, as well as several law firms. But the most significant creditors on the list are names like ABC and Fox, the TV networks that are continuing to sue Aereo over copyright infringement. Aereo’s filing simply states “unknown” in the amount owed to the “litigation party” TV stations, which also include PBS, Telemundo and NBC.

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Morning Media Newsfeed: CNN Broadcasts to End in Russia | Obama Defends Net Neutrality

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CNN to End Broadcasts on Russian Cable, Satellite TV (USA Today)
CNN will not be seen on channels in Russia beginning next year, Turner Broadcasting said Monday. “Turner International is assessing its distribution options for CNN in Russia in light of recent changes in Russian media legislation,” the company said in a written statement. “We are bringing our existing distribution relationships to an end while we do that.” FishbowlDC The decision comes in the wake of an advertising ban on Russian cable and satellite TV stations. TVNewser The network’s newsgathering in Russia will not be impacted. CNN has been available to Russian viewers since the early 1990s. HuffPost / Reuters Russia launched on Monday a state-of-the-art media organization with hundreds of journalists abroad intended to wean the world off what it called aggressive Western propaganda — dubbing it with echoes of the Cold War, Sputnik. In a hi-tech presentation in a media center once used to host Cold War-era press conferences, one of President Vladimir Putin’s favorite journalists outlined plans meant to repair the damage done to Russia’s image during the crisis in Ukraine. Although Moscow denies reverting to Soviet-style techniques, Russian media executives acknowledge privately they are waging a propaganda war with echoes of the Cold War. The Guardian Meanwhile, Russia Today has been threatened with statutory sanctions by media regulator Ofcom after the Kremlin-backed news channel breached broadcasting regulations on impartiality with its coverage of the Ukraine crisis. Russia Today, or RT, was summoned to a meeting with Ofcom after it was found guilty of breaching the code governing U.K. broadcasters in a ruling published on Monday.

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Morning Media Newsfeed: FNC Wins Election Night | CBS Launches Digital News Service

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Midterm Election TV Ratings: Fox News Tops Broadcast Nets, Beats Cablers Combined (TVNewser)
Fox News Channel was the most-watched network — on broadcast and on cable — during coverage of the midterm elections. Fox News beat CNN and MSNBC in both total viewers and the adults 25-54 demo, combined during primetime hours. Capital New York FNC, CNN and MSNBC were all down compared to the 2010 midterm elections, and CNN and MSNBC were also down compared to the 2006 midterms, which saw President Bush in his sixth year in office see the Democratic party take control in Congress. All told, an average of just over 10 million people watched the three cable news channels Tuesday night, with an average of nearly 13 million watching on broadcast TV. THR / The Live Feed Fox News Channel boasted a whopping average of 6.3 million viewers for all of primetime. Compared to the last four Tuesdays, FNC’s 1.516 million viewers in the core news demo of adults 25-54 was improved by 303 percent. CNN, which has been solidly in second place for the last six months, was up by 480 percent to 812,000. That left MSNBC in third. Coming off of a middling October, the net still surged 315 percent — albeit only netting 481,000 demo viewers. TVNewser In addition to online coverage, each of the Big 3 broadcast networks produced one-hour primetime midterm election specials at 10 p.m. According to Nielsen overnight time period data, CBS was the clear winner at 10 p.m., averaging 5.367 million viewers to NBC’s 4.270 million and ABC’s 3.507 million. AllFacebook On Election Day, 27 million U.S. Facebook users generated 85 million interactions — likes, shares and comments — including those who used the social network’s “I’m a Voter” feature.

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Morning Media Newsfeed: Gregory Joins Yahoo! for Election Coverage | FCC May Revive Aereo

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David Gregory to Join Katie Couric for Election Special on Yahoo! (NYT)
David Gregory, who was replaced as host of NBC’s Meet The Press in August, will appear in a Yahoo! midterm election program with Katie Couric, the company said Tuesday. TVNewser Gregory is not joining the company, but these appearances often can lead to more permanent placements. Matt Bai, who left The New York Times for Yahoo! last year, and Politico’s Mike Allen are also a part of Yahoo!’s coverage. TVNewser Mark Halperin and John Heilemann will lead Bloomberg’s election night coverage, dubbed Election All-Nighter, which begins at 5 p.m. ET with a special edition of With All Due Respect. Primetime coverage starts at 7 p.m. ET, with Halperin and Heileman joined by Al Hunt and analysts Kim Alfano, Bill Burton, Lanhee Chen, Fred Davis, Patti Solis Doyle, Anita Dunn, Michael Feldman and John Sununu. FishbowlDC Coverage will also extend to an “Election Night dashboard” on BloombergPolitics.com, comprising a Bloomberg TV livestream, website coverage and real-time election data. TVNewser CNN will turn to Wolf Blitzer and Anderson Cooper — along with the Empire State Building — to headline the network’s election night coverage, dubbed Election Night in AmericaMediaite As they have done in the past, Jon Stewart and Stephen Colbert will be airing their respective Comedy Central shows live on Election Night next Tuesday so they can react to midterm results as they happen instead of being hopelessly behind the curve with pre-taped comedy.

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Morning Media Newsfeed: HBO to Launch Streaming Service | CNN Cuts Continue

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HBO to Offer Stand-Alone Streaming Service Beginning in 2015 (LostRemote)
HBO announced plans Wednesday to offer a stand-alone streaming service in 2015. FishbowlNY “We will work with our current partners,” HBO’s CEO Richard Plepler said, in a statement. “And, we will explore models with new partners. All in, there are 80 million homes that do not have HBO and we will use all means at our disposal to go after them.” SocialTimes Having a Web-only option will help the channel with online-TV watchers, who cite flexibility as the main reason for watching original series online. Internet users are becoming more accustomed to consuming what they want, when they want it; HBO is finally adapting to this reality. THR Plepler didn’t give too many details about the service, such as pricing and when it would launch, saying he didn’t want to tip off competitors too much. Shortly after Plepler’s announcement, shares of Netflix dropped 4 percent, while shares of Time Warner were about 3 percent higher as investors digested the HBO news as well as some other rosy predictions coming from the Time Warner investor day presentations. Mashable It is important to note that HBO is far from giving up on cable television. Plepler stressed in his statements before the announcement that HBO’s business and relationships with cable partners is important. The channel brought in $4.9 billion in 2013 and has about 114 million subscribers. There has been eager anticipation for HBO to capitalize on its already popular streaming platform by offering it outside of cable subscriptions. HBO Go logins have become something of a social currency, allowing users to access content via accounts of friends and family. Game of Thrones has also grown into the most pirated TV show of all time.

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Morning Media Newsfeed: CNN Hires Carney | Sony, Viacom Reach Cloud-Based TV Deal

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Jay Carney to Join CNN as Political Commentator (FishbowlDC)
Former White House press secretary Jay Carney has joined CNN as a political commentator Washington bureau chief Sam Feist announced Wednesday. His first assignment was on the network’s coverage pertaining to President Barack Obama’s remarks on ISIS. TVNewser “I’m thrilled to be joining CNN at a time when there is so much happening in the nation and the world,” said Carney. “Jay’s unique experience as both a journalist and a White House press secretary make him an invaluable voice for the network as we cover the final two years of the Obama Administration and look ahead to the coming campaigns,” said Feist. THR / The Live Feed Carney, who served as Time magazine’s Washington bureau chief before departing to the White House, resigned from his administration role on May 30. Within days, speculation swirled about which media role he would pursue — a book and a cable news job were both mentioned. On June 18, less than a month after leaving the White House, The Washington Post reported that CNN already had made “a fine offer” to Carney for a network role. Mediaite Carney’s new employer hardly comes as a surprise, as many expected him to join one of the three major cable networks after he stepped down from the podium in June — though his name was also bandied about for a position at Apple or a startup. Politico Carney said when he left the White House in May that he’d maintain a public presence in the media. He also signed with the Washington Speakers Bureau. Carney joins a long line of former White House press secretaries making the jump to cable: Robert Gibbs joined CNBC after leaving the White House, Dana Perino is currently a host on Fox News, and George Stephanopoulos is now an ABC News anchor.

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Morning Media Newsfeed: Politico Expanding to Europe | Fox News Defeated in Fair Use Suit

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It’s Official: Politico’s Headed to Brussels (FishbowlDC)
A 12:44 p.m. ET email from Politico president Jim VandeHei confirmed expansion to Europe, joining with Berlin-based media company Axel Springer to cover European politics and policy. Capital New York The 50-50 joint venture will cover the European Union as well as “European politics and policy more broadly,” VandeHei and editor-in-chief John Harris told staff in the memo, confirming recent reports that the influential Beltway website and congressional newspaper was eyeing expansion abroad. HuffPost / Backstory Details have not yet been finalized for the new organization, though Politico‘s leadership has been working on the plan throughout the year. VandeHei, Harris and owner Robert Allbritton have met in Brussels with top European journalists and diplomats about the potential launch of Politico Europe, as the outlet is tentatively titled, according to sources familiar with the discussions. Politico / Dylan Byers on Media VandeHei and Harris called Axel Springer “Europe’s largest and most powerful media company.” “Axel Springer is a highly impressive, highly ambitious company that shares our obsession with building media companies that produce and can sustain nonpartisan journalistic excellence,” they wrote. “They do about $3.6 billion in annual revenue and house a number of digital start-ups in their Berlin-based offices. We are excited to join forces with them.” NYT Politico was founded in 2007 and rose quickly to become a player in the world of political reporting. It has recently been considering ways to grow and refine its journalism. Last year, it started a magazine that focused on deeper and more expansive stories. The site also hired an executive editor Rick Berke from The New York Times in October, but he resigned Sunday, citing differences with Harris and VandeHei. Axel Springer, which publishes Bild and Die Welt among others, said last year that it was selling two regional newspapers and several magazines to focus on digital media.

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Fox’s Chase Carey on Time Warner: ‘We’ve Moved On’

Chase Carey GChase Carey, president and COO of 21st Century Fox, wants everyone to know that his company is already healing from the heartbreak of not acquiring Time Warner. “We’ve moved on,” Carey said, during a London TV industry conference. “We don’t want to be revisiting something that is in the past or implying that we are continuing to be engaged.”

Carey and 21st Century Fox had tried to purchase Time Warner for $80 billion last month, but the offer was rejected. At the time, Rupert Murdoch put the blame squarely on Time Warner’s shoulders. “Time Warner management and its Board refused to engage with us to explore an offer which was highly compelling,” he explained.

According to Variety, Carey added that for now, at least, there are no other companies worth pursuing. “We don’t have an acquisition list,” he said. “Time Warner was a unique opportunity for us.” Hey, buck up buddy. There’s other media companies in the sea.

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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