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Posts Tagged ‘Tribune Co.’

Morning Media Newsfeed: Todd Eyed for MTP | LA Times Names Publisher, CEO

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Meet The Press Reportedly Plans to Announce New Moderator Soon, Chuck Todd The Favorite (Politico / Playbook)
Chuck Todd, a political obsessive and rabid sports fan, is the likely successor to David Gregory as moderator of Meet The Press, with the change expected to be announced in coming weeks, according to top political sources. TVNewser Meet The Press has slipped to third among the Sunday public affairs shows. Todd is currently NBC’s chief White House correspondent and political director, as well as the anchor of the 9 a.m. Daily Rundown on MSNBC. FishbowlDC The New York Post’s Page Six first reported in late July that Gregory may soon be replaced. The Daily Beast’s Lloyd Grove later wrote in a follow-up piece that, “In multiple conversations that I had with people inside and outside NBC after the item appeared, it was taken as a given that Gregory is toast.” TVNewser Fox News Sunday host Chris Wallace appeared on MediaBuzz to give his thoughts on the rumors and the influence of Sunday shows today. “I think it’s lousy,” Wallace said about how NBC News is treating Gregory amid rumors of his imminent ousting. FishbowlDC “I think they either ought to say he’s our guy, we’re sticking by him, or they ought to get rid of him, but they shouldn’t put him in this limbo,” said Wallace.

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Morning Media Newsfeed: Tribune Rebrands | Gannett to Split, Buy Cars.com

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Tribune Gets New Name Ahead of Split (TVSpy)
Tribune Company began operating under a new, but similar, name Monday: Tribune Media Company. The rebranding came as the broadcasting and publishing divisions of the 167-year-old company split. TVNewser Tribune Media Company includes Tribune Broadcasting, WGN America, Tribune Studios, Tribune Digital Ventures and Tribune Real Estate. Variety The overhaul comes with a new logo and corporate website. Tribune has labored under the cloud of bankruptcy and plunging ad revenues for years, leading to its fissure into two companies. Tribune’s papers, which include the Los Angeles Times and the Chicago Tribune, will begin trading Tuesday as a new company, Tribune Publishing. It will be listed under the symbol TPUB on the New York Stock Exchange. It has been saddled with $350 million in debt and faces a cloudy future as revenues and readership of newspapers continue to decline. THR Tribune Media CEO Peter Liguori has said the separation will allow investors to put money into either the broadcast or print assets of Tribune, or both. The spinoff is mindful of the split of Rupert Murdoch’s News Corp and 21st Century Fox. USA Today Tribune’s shareholders receive a quarter of a share of Tribune Publishing’s common stock for each Tribune share they own. After years of management turmoil and dealing with heavy debt, Tribune, based in Chicago, emerged from a four-year bankruptcy process in early 2013 with the intent to focus on broadcasting. In July 2013, Tribune announced early plans to spin off the publishing unit that would operate on its own without affecting the financial performance of its other, more profitable businesses.

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

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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.

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Morning Media Newsfeed: Aereo Plans Survival | Dish Makes Anti-Merger Case to FCC

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Aereo Signals Path to Survival if Classified as Cable System (WSJ)
Aereo Inc., the online video company that was widely expected to go out of business after losing a high-stakes Supreme Court case in June, signaled Wednesday that it sees a path to survival if it is classified in legal terms as a cable system. Mashable Aereo lost its case before the U.S. Supreme Court because a majority of the justices said its resemblance to a cable company meant it had violated copyright laws. Re/code The video streaming company told a U.S. district court in New York Wednesday it now thinks it’s entitled to be licensed as a cable system because of the Supreme Court’s decision. That would allow the company to stay alive although it would have to pay licensing fees in addition to costs to restart its stalled business. Aereo allowed consumers to watch local TV channels over the Internet for a monthly fee of up to $12 until shutting down its service a few weeks ago after the Supreme Court sided with broadcasters. Capital New York The broadcasters responded with their own argument, calling Aereo’s decision “astonishing.” “Whatever Aereo may say about its rationale for raising it now, it is astonishing for Aereo to contend the Supreme Court’s decision automatically transformed Aereo into a ‘cable system’ under Section 111 given its prior statements to this Court and the Supreme Court,” lawyers for the broadcasters wrote. Deadline Hollywood At issue is whether the District Court will lift a stay that allowed Aereo to remain in business while the case made its way to the Supreme Court. Broadcasters want it lifted so they can collect damages from Aereo’s infringement of their copyrights — a two-year period during which they say they “suffered irreparable harm.” Aereo faces additional hurdles even if the District Court agrees with its view. The FCC also might have to agree to define Aereo as a cable operator for it to qualify for the compulsory license — and it would have to be granted by the U.S. Copyright Office.

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Tribune Co. Sets Date for Media Division Spinoff

TribuneCoLogoChicago Tribune media reporter Robert Channick has the logical scoop on an important upcoming date for his parent company. We’re talking Monday August 4.

According to Channick, that’s the date Tribune Co. has set for completion of the spinoff of Tribune Publishing. From his item:

The spinoff date was included in a presentation for lenders conducted by Tribune Publishing June 17 in New York, according to sources. Tribune Publishing is seeking to raise $350 million in conjunction with its planned spinoff from Tribune Co.

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Morning Media Newsfeed: Díaz-Balart to MSNBC | NPR Cuts Tell Me More | Sulzberger Talks

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José Díaz-Balart Named MSNBC’s 10 A.M. Host (TVNewser)
Telemundo anchor José Díaz-Balart has been named MSNBC’s 10 a.m. anchor, replacing Chris Jansing, who is leaving MSNBC to become NBC’s senior White House correspondent. HuffPost He will host his MSNBC show from Miami and take over when Jansing departs in June. Politico / Dylan Byers on Media Díaz-Balart will continue to co-anchor Telemundo’s Noticiero Telemundo and host Enfoque Con José Díaz-Balart. Ari Melber, a co-host on MSNBC’s afternoon program The Cycle, had been in the running against Díaz-Balart for the 10 a.m. slot, several sources said in recent weeks. The Associated Press MSNBC president Phil Griffin said Tuesday the deal has been in the works for some nine months. Griffin says he’s wanted to snag Díaz-Balart for years but had to find a time slot that wouldn’t conflict with the nightly news on Telemundo, which is also a division of NBC Universal. Díaz-Balart is the brother of U.S. Rep. Mario Díaz-Balart and former Rep. Lincoln Díaz-Balart. His aunt was the first wife of Cuban leader Fidel Castro. Variety Díaz-Balart began his career in 1983 and has reported historic events and interviewed major political figures for prestigious news outlets including NBC News and Telemundo. His achievements include being the first journalist to serve as news anchor on two national television networks in Spanish and English on the same day for an entire season.

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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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Morning Media Newsfeed: Turkey Bans Twitter | Netflix CEO Blasts ISPs | Carney Not Prompted

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Twitter Goes Dark in Turkey Hours After Country’s PM Threatened to ‘Wipe Out’ Service (TechCrunch)
After Turkish Prime Minister Tayyip Erdoğan promised that he would “wipe out” Twitter after it apparently ignored court orders asking the site to remove certain corruption allegations, the service has gone dark in the country. WSJ The move, confirmed by the telecommunications regulator and the state news agency, sent shock waves across Turkey, which is one of the top 10 users of Twitter worldwide with more than 10 million users. Turkish citizens have increasingly turned to the medium to voice opposition to the government and organize demonstrations as mainstream media have avoided criticism of Erdoğan. Variety At a rally in Bursa, Erdoğan pledged to do away with Twitter completely. “We will eradicate Twitter,” he said. “I don’t care what the international community says. Everyone will witness the power of the Turkish Republic.” Tensions between Erdoğan and Twitter had been building for some time. On Feb. 25, the prime minister claimed a “robot lobby” was targeting government through Twitter. He also threatened on March 6 to shut down both Twitter and Facebook in Turkey “if necessary.” Bloomberg Businessweek Erdoğan said the microblogging service ignored court orders to remove content related to a government corruption scandal. The tweets targeted by the premier are from an anonymous user going by the name of Haramzadeler, a Turkish phrase that means Sons of Thieves. The person or persons have been leaking documents and audio files described as the results of a 15-month prosecutor-led investigation into corruption in Erdoğan’s government. Time Those who tried to access Twitter Thursday were taken to a statement from Turkey’s telecommunications regulator that cites court orders allowing the government to ban Twitter. In 2013 during the Occupy Gezi protests, Erdoğan called all of social media “the worst menace to society.” The Washington Post / Morning Mix After Turkey’s Twitter was apparently disabled, the hashtag #TwitterisblockedinTurkey went supernova, though Twitter is still accessible via the site’s SMS service, which allows Turks to text in a tweet.

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Morning Media Newsfeed: Tribune Co Cuts 700 | NYT‘s D.C. Staff Shakeup | AOL Kills Winamp

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Tribune Co. Reorganizes Publishing Unit, Cutting Nearly 700 Jobs (Chicago Tribune)
Tribune Co. announced a restructuring of its publishing business Wednesday to focus on its digital efforts and streamline operations, resulting in nearly 700 job losses across the Chicago Tribune, Los Angeles Times and six other daily newspapers. TVSpy The layoffs, which did not affect the company’s television stations, come at the end of an eventful year for Tribune. The company emerged from bankruptcy in January with a plan to shift focus to its television stations, naming television executive Liguori CEO just weeks later. LA Times / Money & Co The reorganization is “not by any means a Hail Mary pass,” the company’s president and CEO, Robert Liguori, said, stressing that the newspapers are profitable. NYT The cuts, which represent about 6 percent of the company’s 11,000 employees, will affect mostly its business side. Politico / Dylan Byers on Media “Unfortunately, organizing around functional lines rather than maintain what we’re doing locally, there is going to be some staff reductions,” said Liguori. “We are not going to be reducing any of our frontline reporters. Over time there will be some small reductions on the editorial side, but we want to maintain our best-in-class local journalism.” Poynter / MediaWire In its most recent financial report, Tribune noted it had eliminated 360 positions in 2013 across the company, which also has a broadcasting division. The reductions came “primarily in publishing,” the company said. NY Post “The move anticipates a tough 2014,” said Ken Doctor, an analyst and founder of Newsonomics. “Tribune is battening down the hatches, looking at another, similar high single-digit decline in print ads. Massive cutting is the only way to preserve meager profit.”

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Morning Media Newsfeed: Traveler Lays Off 17 | NJ Paper Avoids Shutdown | Tribune Co. to Cut $100M


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Traveler Layoffs Reach 17 as Condé Nast Title Adopts A Softer Focus (Capital New York)
Fourteen Condé Nast Traveler employees were laid off Wednesday, bringing the total number of staffers cut under new editor-in-chief Pilar Guzmán to 17, a source familiar with the matter told Capital. NY Post Guzmán is said to have handed walking papers to executive editor Kevin Doyle and senior editors Alison Humes and Dinda Elliott, the daughter of the late famed Newsweek editor Osborne Elliot. Guzmán, raided from Martha Stewart Living, where she was the editor-in-chief, started shaking things up within days of her arrival at Condé. WWD / Memo Pad Since its inception, Traveler’s commitment to serious travel journalism was embodied in the logo coined by founding editor Harry Evans, “Truth in Travel.” The layoffs suggest that credo may too be discarded, or at least, take on a whole new meaning. FishbowlNY Dropping Doyle, Humes and Elliott might help Guzmán shape Traveler to her liking, but anyone who has been following Condé drama lately knows that these moves must’ve been approved by Anna Wintour. Wintour has been overseeing more cuts than a Jo-Ann Fabric scrapbooking class. Bloomberg “This is part of a broader restructuring effort that will shift the focus on more of a lifestyle lens and the growing digital business,” said Sarina Sanandaji, a spokeswoman for the magazine. The magazine is likely to replace some of the positions, she said.

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