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Media News

Friday Jun 22, 2007

The Morning Newsfeed: 06.22.07

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22paris.190.jpgParis Camp Denies $1M Post-Pen Payment Report (FishbowlNY)
One of the few vaguely interesting media questions remaining in the Paris Hilton's jailhouse saga is who, aside from front-runner Barbara Walters, will land an exclusive interview with post-penitentiary Paris — and, more importantly, what will they pay? The New York Post reported that it's Meredith Vieira, and NBC is paying "as much as $1 million" for the exclusive. Paris' camp sent out a statement last night denying Paris is being paid. NYP: Hilton's first after-jail interview will appear on the Today show. The sit-down will be conducted by Vieira the day after the heiress is sprung, sometime next week. NYT: ABC says it wanted the interview also, but was outbid. LAT: Hilton payoff worries journalism ethicists, rankles NBC employees. NYDN: Paris realizes media is laughing at — not with — her.

Pearson, GE Drop Dow Jones Bid (NYT)
The General Electric Company and Pearson, the British publisher, have decided not to make an offer for Dow Jones & Company, owner of the Wall Street Journal, G.E. said yesterday, leaving Rupert Murdoch's News Corporation as the only bidder. BusinessWeek: Any long-term look at Dow Jones also must reckon with a way to ramp up its profits internationally. The funny thing is that there's one obvious company with the skill set and portfolio that best fits the bill: News Corp. LAT: Murdoch's path to Dow Jones eases. CJR: Faced with unusual job guarantee, Dow jones executives might be in favor of a Murdoch takeover. Economist: Expect Murdoch to prevail.

WSJ Editors: A Mighty Heart Accurate, Fair (E&P)
"It was an accurate portrayal of the Journal and I think the Journal's people, like [then-foreign editor] John Bussey, who were deeply involved came off well as they should have," said former managing editor Paul Steiger, who said he saw the movie recently in a private showing for Journal staffers. "I think Angelina Jolie captured Mariane very, very well." WaPo: A central, even existential contradiction vexes A Mighty Heart, which is that one can deeply admire it as a piece of filmmaking and still harbor misgivings about why we need to have these stories packaged for the big screen. LAT: Pearl family harnesses activism to grief.


Us Editor Min Taking Her Time in Contract Talks (NYP)
Keith Kelly: Negotiations for a new contract for Us Weekly editor-in-chief Janice Min may go down to the wire. Jann Wenner has an offer on the table — and it's said to be a good one, valued at more than $1.2 million a year. But one industry source says Min, who has yet to sign, might simply walk away.

Without O'Donnell, View Keeps Its Viewers (NYT)
The ratings boost that Rosie O'Donnell had helped to give The View during her nine months as a co-host has not subsided in her absence, at least not thus far. During the weeks of June 4 and June 11, the show drew an average of 3.4 million viewers a day, an increase of about 16 percent — or nearly a half-million viewers — over the comparable two weeks a year ago.

Mag Revenue Will Grow ... Slowly (AdAge)
"I feel like [the magazine industry is] just really barely keeping ahead of the overall market," said David Moss, a director with the entertainment and media practice at PricewaterhouseCoopers. "The fact they're still focused on the more basic current model even though the world is changing is still just amazing to me." PricewaterhouseCoopers: Global Internet spending to rise 10.7 percent per year through 2011.

Office, Earl End Up on TBS for Reruns (Variety)
NBC Universal's syndication wing has orchestrated an unusual deal to sell the rerun rights to the Peacock's Emmy-winning comedy The Office to TBS in cable and to 10 Fox O&O stations in a shared-window deal valued at more than $130 million. At the same time, TBS has also picked up the rerun rights to My Name Is Earl.

Broadcast Nets Score Upfront Gains (AdAge)
Believe it or not, despite all the tough talk from TV media buyers leading into this year's upfront and a switch to commercial ratings, buyers may actually end up spending more upfront dollars with the broadcast networks this year than last year. Executives estimate the overall spend will increase about 5 percent.

MTV Revives Unplugged (USAT)
Few music franchises have been as electrifying as MTV Unplugged, the multigenre series that revitalized acoustic music, reinvented careers and spawned a hit brand of albums. After running out of juice in recent years, the show returns this weekend to multiple outlets, starting with Bon Jovi's 30-minute episode Friday.

The Extremely Tired and Overemphasized Notion of Liberal Media Bias, And That MSNBC.com Story About Same (BusinessWeek)
Jon Fine: As long as many media outlets are based in big coastal cities like New York, Los Angeles, and D.C., is it any surprise that the white-collar journalists in those towns will broadly reflect the white-collar biases of their locales — that is, overwhelmingly democratic? CBS Public Eye: This news should shock precisely no one, writes Brian Montopoli.

Forbes Man Jumps Ship For New Henry Blodget Project (Gawker)
Ten-year Forbes vet Peter Kafka, who most recently slaved away as the media editor on Forbes.com, quit Wednesday; he'll be joining what we hear is a new tech blog backed by former Merrill Lynch analyst and current Slate pontificator Henry Blodget and Kevin Ryan, one of the co-founders of Internet ad agency Doubleclick.

Yahoo Buys Sports Site Rivals.com (Mediaweek)
Yahoo said it has reached an agreement to purchase Rivals.com, a college football and basketball-focused news and community site. While the company did not disclose terms of the deal, sources placed the value of the transaction in the neighborhood of $100 million.

Ziff Davis Agrees to Sell Enterprise Group for $150 million (B-to-B Online)
Ziff Davis Media announced Thursday that it has agreed to sell the assets of its Enterprise Group to Insight Venture Partners for about $150 million in cash. Insight Venture Partners is a New York-based private equity and venture capital firm that focuses on software and Internet investments. The deal is expected to close in the third quarter. Folio:: CEO Bob Callahan's memo.

Cyberphobia Afflicts Time Writers (Marketwatch)
Jon Friedman: Time's editors should issue this warning to journalists: "Write for my Web site or you're history." When journalists start writing for the Internet or a blog, they often find what I discovered when I joined MarketWatch nearly eight years ago. This is the most demanding, liberating, creative and fulfilling work available today in journalism. It's a hell of a lot of fun, too.

How Web Metrics Promote the Myth of the Dying Newspaper (Inksniffer)
John Duncan: If you assume the Web audience grows by 5 percent a year forever and the print product declines by 5 percent a year, it will still be 2020 before the two are even equal. If newspapers hold the audience steady and the Web still grows by 5 percent, it's 2030 before they get level. Next time someone uses Web metrics to tell you that print is dead I have some advice. Laugh.



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