TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Posts Tagged ‘Time Warner’

Morning Media Newsfeed: Time Warner Plays Defense | Netflix Hits 50 Million Subscribers

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Time Warner Cancels Shareholders’ Ability to Call Special Board Meeting, Guards Against Fox Acquisition (NYT / DealBook)
Time Warner is playing defense. On Monday, the company amended its corporate bylaws and removed a provision that allowed shareholders to call a special board meeting. In a filing with the Securities and Exchange Commission, Time Warner said the change was effective immediately. Variety The media company’s board approved a measure to temporarily prevent a fraction of shareholders, some 15 percent, from forcing a vote on 21st Century Fox’s $85 per-share offer, according to public filings. The so-called special meeting provision may be re-instated at the company’s 2015 shareholders meeting. Deadline Hollywood The fear was that Rupert Murdoch — or anyone — could have tried to stampede short-term investors into accepting a deal even if the board concluded that it would not serve their long-term interests. Time Warner shares were down 1.6 percent in post-market trading following disclosure of the change. THR Murdoch’s 21st Century Fox has bid about $80 billion to acquire Time Warner, but Time Warner’s board and CEO Jeffrey Bewkes have rejected the proposal. Some analysts predict that 21st Century Fox will eventually offer $100 a share for Time Warner. The conglomerate’s stock has climbed 23 percent in the past week on such speculation, and Monday it closed at $87.36. TVNewser People familiar with the original $80 billion proposal that was rejected said if 21st Century Fox took over Time Warner, it would sell CNN to prevent antitrust issues stemming from Fox News and CNN’s direct competitor relationship.

Read more

Morning Media Newsfeed: News Crews Witness Airstrike | Time Warner Stock Surges

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

NBC News Crew Witnesses Gaza Airstrike (TVNewser)
NBC News correspondent Ayman Mohyeldin and his crew witnessed an Israeli airstrike that killed four children at a port in Gaza Wednesday. Mohyeldin, who was also caught in the crossfire as Israeli soldiers fired rubber bullets on crowds in East Jerusalem earlier this month, called in to the West Coast edition of Today to describe what he saw, saying it was “a chaotic scene.” TVNewser Hours later, it was chief foreign correspondent Richard Engel who reported the story for Nightly News. FishbowlDC On Wednesday afternoon’s The Lead With Jake Tapper, the CNN host spoke over the phone with the Wall Street Journal’s Middle East correspondent Nick Casey for what proved to be a very intense interview. Casey was located near where the strike took place. Mashable The four children were killed by Israeli airstrikes that hit in close proximity to al-Deira Hotel, a Gaza City hotel full of foreign journalists. The attack came at around 4 p.m. local time and appeared to be the result of a naval shell. At least two additional children were injured, according to local reports. THR The BBC has defended its coverage of the latest Israeli air strikes in Gaza among accusations that the British public broadcaster is too pro-Israeli in its reporting on the region’s escalating conflict. The conflict has been the subject of extensive BBC news coverage, but a prominent pro-Palestine group claims the broadcaster’s programs have been systematically “entirely devoid of context or background.” The Palestine Solidarity Campaign posted an online open letter to BBC director general Tony Hall criticizing the broadcaster for not illustrating what it considers key aspects of the conflict.

Read more

Rupert Murdoch Tried to Buy Time Warner

Rupert-Murdoch-10-7Rupert Murdoch wants to own all the media. All of it. According to The New York Times, Murdoch and his entertainment company — 21st Century Fox — attempted to buy Time Warner for $80 billion, but the offer was rejected.

As part of the offer, 21st Century Fox said it would sell CNN to alleviate any antitrust concerns that arose because Fox News competes with CNN.

21st Century Fox released the following statement regarding the failed takeover bid: “21st Century Fox can confirm that we made a formal proposal to Time Warner last month to combine the two companies. The Time Warner Board of Directors declined to pursue our proposal. We are not currently in any discussions with Time Warner.”

Don’t take that to mean this is over with. In fact, it’s probably just beginning. Don’t forget, this comes only a week after word leaked that News Corp might try to buy Tribune Newspapers.

Read more

Morning Media Newsfeed: Vargas Detained, Released | Abramson Books Two Interviews

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Jose Antonio Vargas Released From Federal Custody in Texas (TVNewser)
Jose Antonio Vargas, the Pulitzer Prize-winning journalist who was the focus of the recent CNN documentary Documented, was released from the custody of U.S. Border Patrol agents Tuesday evening. FishbowlDC Vargas was detained in McAllen, Texas Tuesday, days after speculating that he may be stuck in the border town. On Friday, Vargas wrote an essay for Politico, where he described his visit to a children’s shelter for Central American refugees. FishbowlNY Vargas was leaving the town to go to a screening of his film in Los Angeles when he was arrested. He was brought to a border patrol station for questioning. Supporters and members of the media gathered across the street, and were warned that if they approached the station any closer, they would also be arrested. HuffPost Vargas flew to the border last week to interview and film undocumented immigrants who have fled their home countries in Central America due to escalating violence. A TSA agent at the McAllen-Miller Airport initially cleared Vargas’ Philippines-issued passport when he attempted to board a flight Tuesday morning. He was placed into custody soon after, however, when he couldn’t produce a U.S. visa at the request of a border patrol agent. Politico / Dylan Byers on Media Vargas, who won a Pulitzer as part of a Washington Post team in 2008, has become an outspoken advocate for undocumented immigrants after “coming out” as undocumented in a New York Times story in 2011.

Read more

Morning Media Newsfeed: World Cup Sets Ratings Records | Plotz Resigns From Slate

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

World Cup Shatters Facebook Engagement Records (LostRemote)
The World Cup set single-event Facebook engagement records within the tournament’s first week. Now, with the tournament over, it is official: the 2014 World Cup is the most talked-about event in Facebook history. From June 12-July 13, 350 million people generated 3 billion World Cup-related interactions. AllFacebook These numbers make the 2014 World Cup the most-talked-about sporting event in the social network’s history. The tournament’s final match, which resulted in 280 million interactions from 88 million users, was the top sporting event in Facebook’s history. Capital New York All told, 26.5 million people watched the match Sunday via either ABC or Univision, making it the most-watched men’s World Cup final ever. ABC drew an average of 17.3 million viewers according to Nielsen Fast National ratings, the best numbers ever for a World Cup final, and the third best for any World Cup game. The two games that beat it were U.S.-Portugal from earlier in this year’s tournament (18.2 million viewers), and the 1999 Women’s final between the U.S. and China (17.9 million viewers). Deadline Hollywood Both ABC/ESPN and Univision had their best World Cup ever this year, with ESPN/ABC up 39 percent in viewership over the 2010 World Cup and up 96 percent over the 2006 World Cup. Over the 64 games of this year’s tournament, Univision was up 34 percent from its total audience from 2010. Variety The combined 26.5 million for Germany’s 1-0 victory is a larger audience than the deciding game for the most recent World Series on Fox (19.2 million) and NBA Finals on ABC (18.0 million), and also tops the BCS Championship game in college football on ESPN in January (25.6 million).

Read more

Morning Media Newsfeed: Palin Eyes The View | Rolling Stone Appoints Publisher

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Is Sarah Palin Pitching Herself to The View? (THR / The Live Feed)
Sportsman Channel has picked up a second season of Amazing America With Sarah Palin, the network announced Monday. Palin’s program, which has her introducing viewers to the great outdoors as well as the country’s unsung heroes, has brought significant attention to the niche cable channel, propelling Sportsman to triple-digit year-over-year growth in households and key male demographics. In an interview with THR, Palin names The View as a show that might “need a punch of reality and a voice of reason from America’s heartland to knock some humble sense into [its] scripts.” TVNewser The rumor mill on who will replace ousted View hosts Sherri Shepherd and Jenny McCarthy is in full force, and former Vice Presidential candidate Palin seems to be throwing her hat in the ring. In the interview, Palin mentioned that The View might be better if it goes “rogue.” FishbowlDC Palin said, “Maybe. But the politics would have to be interspersed with a whole lot of fun and real life and inspiration showcasing American work ethic, because those topics are all pretty much the antithesis of today’s politics, which I find incorrigibly disastrous!” She went on to add, “It’d be so much fun to shake it up taking on issues that make audiences objectively consider all sides, and I’d do it with my own real-life groundedness, candor and commonsense that I’m known for.” Mediaite With Barbara Walters’ semi-retirement underway and the pending departures of Shepherd and McCarthy, The View is actively looking for new co-hosts. MSNBC The program’s women co-hosts discuss a variety of political and social issues. Moderator Whoopi Goldberg is the only host not departing the daytime show. The series also previously included journalist Lisa Ling, television personality Elisabeth Hasselbeck, and comedians Rosie O’Donnell and Joy Behar as co-hosts.

Read more

Morning Media Newsfeed: Yahoo! Revives Community | AP to Automate Earnings Stories

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Community Picked Up by Yahoo! (LostRemote)
Greendale Community College is reopening its doors — on Yahoo! The cancelled NBC sitcom Community has been picked up by Yahoo for a 13-episode sixth season. Mashable Until recently, Community’s studio, Sony, had been in talks with Hulu about resurrecting the series following its May cancellation by NBC. NYT Community, which uses a study group at Greendale Community College as the jumping-off point for its self-referential story lines and pop culture obsessions, comes with a core audience of passionate fans. Those fans helped save the show from a previous threat of cancellation two seasons ago. Yahoo! Screen offers reruns of many shows, but Yahoo! has been putting more emphasis on adding original shows. WSJ In April, it announced the launch of 30-minute comedies Other Space and Sin City Saints, which will debut next year. In a time of “cord-cutting,” online services have helped attract subscribers with shows such as Netflix’s Orange Is The New Black and Amazon’s Alpha House. Deadline Hollywood The deal for Community extends Sony TV’s strong track record in bringing back cancelled series. The studio previously brokered a deal to move acclaimed drama Damages to DirecTV after it was cancelled by FX, and found a way to bring back on their original networks cancelled series Drop Dead Diva on Lifetime and Unforgettable on CBS. All three series have gone to air multiple seasons post-cancellation. What wasn’t immediately clear was how Yahoo! plans to make money from continuing the cult show online.

Read more

Former EW Employees Point to Three Cover Stories

JewelEWCoverStory1999Great #longread over at The Awl by Anne Helene Petersen. In retracing the rise and semi-fall of Entertainment Weekly, she discovered that three cover stories stood out in the minds of former employees as notable examples of victories from the battleground of editorial integrity.

The first of these, they say, was a 1999 Jewel profile:

The story significantly compromised Jewel’s image, and when Howard Stern read extensive sections of the profile aloud on the air, it only amplified the problem. Atlantic [Records] was so furious that it refused to provide advance product or answer fact-checking queries for reviews in the magazine. Forget synergy: the two realms of the Time Warner universe weren’t even speaking.

Read more

Morning Media Newsfeed: Time Inc. Struggles | Netflix Shareholders Back Hastings

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Time__Inc_-logo-2ED06AA15C-seeklogo.com_

Time Inc. Stock Falls in Its Debut (NYT)
Shares of Time Inc., the magazine company that began trading Monday after being spun off from Time Warner, got off to a rough start, falling nearly 7 percent before recovering somewhat. Bloomberg The shares, trading under the ticker symbol TIME, slid less than 1 percent to $23.30 at the close in New York, after earlier dropping by as much as 6.7 percent. Shares of Time Warner, which owns the Warner Bros. movie studio and cable networks such as HBO and CNN, rose 1.2 percent to $68.99. FishbowlNY Last week, Time Inc.’s execs met with editors and asked them to begin the process of cutting 25 percent of editorial spending. That means staffing cuts are coming by the bunches. HuffPost Time Inc. laid off hundreds of employees in 2013 and earlier this year. Some titles, such as People, appear to have already started with their layoffs. Time Inc. is also set to leave its longstanding home, the Time-Life Building, for a cheaper downtown pad. THR Dealmaking could be on the agenda, but unlikely in the form of big acquisitions. Time Inc. was spun off with $1.3 billion in debt. Analysts have compared that to the lack of debt that Rupert Murdoch’s News Corp got when the mogul’s empire was split into two last year. Moody’s recently rated Time Inc.’s debt below investment grade, but other observers said the debt will also allow Time Inc. to show that it can be trusted financially.

Read more

Morning Media Newsfeed: NPR Appoints CEO | Colbert’s Successor Named | Clippers Tap Parsons

Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Jarl Mohn Becomes NPR President and CEO (FishbowlDC)
The board of directors of NPR announced Friday that it has selected Jarl Mohn to become its next president and chief executive officer. WSJ Mohn is becoming the fifth leader in a five-year stretch marred by scandal and financial woes. Mohn hails from a flashier background than some of his predecessors at NPR. He spent years as a radio DJ, under the pseudonym Lee Masters, and served as an executive at MTV and VH1 before creating and running E! Entertainment Television. He subsequently served as chief executive of Liberty Digital Inc., a subsidiary of Liberty Media Group focused on interactive and cable television. Politico / Dylan Byers on Media Mohn, who currently serves as chairman of Southern California Public Radio, will begin his tenure as CEO on July 1. He was recruited by acting CEO Paul Haaga, who had been running the network since September after the unexpected resignation of Gary Knell, who left to join National Geographic. Deadline New York Knell left NPR after 21 months on the job, succeeding Vivian Schiller, who was forced to resign over a string of controversies. In September NPR hoped to cut its staff by 10 percent by offering staffers a voluntary buyout. It was part of a two-year plan to eliminate an operating cash deficit expected to hit $6.1 million. HuffPost / AP Board chair Kit Jensen says Mohn has a keen ability to identify media and consumer trends and has a strong track record on diversity and fairness. Mohn said in a statement that he considers the new position a mission, not a job.

Read more

<< PREVIOUS PAGENEXT PAGE >>