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

Posts Tagged ‘Vivek Shah’

News Corp. Sells Videogame/Entertainment Sites for Less Than $100 Million

In 2005, News Corporation bought IGN Entertainment — which operates IGN.com and Askmen.com, among others — for $650 million. Today, after months of trying to fetch a good bid for the sites, News Corp. settled for the best offer it could get. According to Bloomberg News, News Corp. sold IGN to Ziff Davis Inc. for less than $100 million. That has got to hurt.

For Ziff Davis (which already owns sites like PCMag.com and Geek.com) the deal gives it a chance to expand the company’s influence among males, its main target audience.

“IGN and AskMen are tremendous best-in-class brands that we are proud to have as part of our digital media portfolio,” said Vivek Shah, CEO of Ziff Davis, in a statement.

 

Mediabistro Course

Travel Writing

Travel WritingStarting September 23, learn how to turn your travel stories into published essays and articles! Taught by a former Vanity Fair staff writer, James Sturz will teach you how to report, interview, and find sources, discover story ideas and pitch them successfully, and understand what travel editors look for in a story. Register now! 

Comcast, GE Close To Deal On NBCU|WaPo Newsroom Fight|Time Inc.’s Vivek Shah Departs|Gannett’s New Guidelines|Business Press Struggles|Jay Leno

TVNewser: Comcast is coming close to closing its deal with General Electric over NBC Universal. An announcement might come as soon as this week.

FishbowlDC: Rumble in the Washington Post newsroom: Henry Allen punched Manuel Roig-Franzia in the face last night.

PaidContent: Time Inc.‘s Vivek Shah is leaving the company after 15 years.

Editor & Publisher: Gannett has issued a list of priorities to its papers’ editors, asking them to beef up investigative reporting, reposition Web sites for breaking news, and better engage young readers and Sunday readers.

New York Times: David Carr mourns the loss of the business press. Another casualty of the recession.

Broadcasting & Cable: An exclusive Q&A with Jay Leno. He talks about the negative press he’s received recently and what’s it’s like to work at NBC: “I find there’s a lot of anger at NBC. But it’s like I say to the people who write the dramas: If I weren’t doing this, it would be “Dateline” five nights a week or reality shows. We’ve kept work in California, we have 22 WGA writers, but there’s always going to be anger and resentment. The last couple of weeks I’ve seen some articles that are a little more, ‘It’s not Jay’s fault, its NBC’s fault,’ and that’s OK, I get it. But when your name’s on the thing, you take the hit and that’s fine.”