MEDIA NEWS & RESOURCES HOME · ABOUT · CONTACT · PRESS · LEGAL 



JOBS

PUBLICATIONS

BOOKS

ORGANIZATIONS

NEWS

RESOURCES

INTERVIEWS

PERSON OF THE YEAR

FUTURE OF MEDIA




SEARCH WWW
SEARCH SITE


   

   


GET HEADLINES BY E-MAIL
Today's Headlines
Friday, 8/22/14



Hollywood Laments Summer's Plummeting Box Office
Financial Times
After a record summer in 2013, box-office receipts for this year's peak moviegoing season have fallen by more than 15%. "It comes down to the product on the screen, and the product on the screen hasn't delivered." Still, "there is quiet confidence that things will improve next year."

Viacom, Disney Films May Save Hollywood's Summer
Businessweek
Summer 2014 was a big disappointment for Hollywood. However, there has been some good news of late: Revenues for August are on track to break $1 billion for the first time ever, helped by Paramount's "Teenage Mutant Ninja Turtles" and Disney's "Guardians of the Galaxy."

Disney Unveils 'Star Wars' Game for Mobile Devices
New York Times
Disney Interactive has announced "Star Wars: Commander," a free-to-play game for mobile devices. The promise of "Star Wars" — once plugged into Disney's vaunted franchise management system — is one reason the entertainment giant's stock price has risen 18% this year.

Time Warner's HBO Could Rake In $600 Million Online
Re/code
When will HBO start selling subscriptions to web subscribers, just like Netflix? There are two interesting ways it could play out, according to Kannan Venkateshwar of Barclays Capital. Both options could generate up to $600 million in new earnings, the analyst estimated.

Viacom Sued by 'Naked' Reality Series Cast Member
EW
A woman who went on "Dating Naked" has filed a $10 million lawsuit after Viacom's VH1 channel apparently showed her too naked. New York model Jessie Nizewitz said she was humiliated on social media after the freshman reality series flashed her body during one segment.

Comcast Mega Merger Opposed by Consumer Groups
TheHill
Consumer advocacy groups have filed a formal petition asking regulators to reject Comcast's proposed $45 billion deal to merge with Time Warner Cable. "Denying the merger in its entirety is the only effective way to protect competition and consumers and serve the public interest."

Channel 4 Chief Sees Threat from US Media Moguls
Independent
David Abraham, chief exec of the U.K.'s Channel 4, has warned that British TV could "wither" under the dominant influence of American media moguls such as Rupert Murdoch and John Malone. "U.S. entities [are] queuing up to buy our producers and now our broadcasters."

Sinclair Launches Division for Creating TV Content
Baltimore Business
Sinclair, which owns stations reaching well over one-third of U.S. TV households, said it is launching a division to create entertainment content. "The media landscape is evolving, and controlling distribution as well as the content is even more imperative to remain competitive."

MTV's Video Music Awards Enjoy Record Ad Sales
USA Today
Sunday night's MTV Video Music Awards show is said to have attracted unparalleled interest from advertisers, due largely to the telecast's rich and racy history. Thirty-second ad slots are believed to be in the $650,000 to $680,000 range. "The show is the Super Bowl for millennials."

ESPN Launches Score-Tracking App for Smartwatch
Variety
ESPN wants to grab sports fans by the wrist: The cable programmer has unveiled a real-time score app for the Pebble smartwatch. The app can track multiple games and causes the Pebble device to vibrate when it receives game updates and score changes.

Report: Most Digital Media Use Is Within Mobile Apps
TechCrunch
U.S. users are spend the majority of their time consuming digital media within mobile apps, according to a new study from comScore. The finding means that mobile apps — including No. 1 app Facebook — eat up more of our time than desktop usage or mobile web surfing.

YouTube to Add Pac-12 Channel for International Fans
TechCrunch
The Pac-12 conference plans to launch a live YouTube channel for international fans, featuring 24/7 coverage of the conference's sports teams. Fans in 27 countries will be able to watch live games, studio shows and re-broadcasts of games for $100 per year or $15 per month.

Google Ventures Invests in Virtual-Reality Firm Jaunt
Variety
Google Ventures has taken a stake in virtual-reality tech startup Jaunt, which is building a system for 360-degree 3D viewing of movies, TV shows and video games. Jaunt's cinematic VR system captures video using algorithms and computational photography.

EBay Mulls Spinoff of PayPal as Soon as Next Year
The Information
Activist investor Carl Icahn's quest to compel eBay to spin off its PayPal unit ended with a whimper in April. But the maneuvering seems to be just beginning. EBay is said to be telling contenders for the job of PayPal CEO that it is considering spinning off the payments business.

SoundCloud Streaming-Music Site Adds Advertising
Los Angeles Times
SoundCloud, a popular destination for music on the web, has gone commercial. The Berlin-based company said it will start placing ads on its service as part of an effort to generate revenue, some of which will go to record labels and artists that sign up for its program.

Twitter in Censorship Dilemma Over Graphic Images
Bloomberg
While Twitter has taken pains to remove images of the death of James Foley, the journalist who was beheaded by Islamic militants, some photos of the body of Michael Brown, the teenager who was killed by police in Ferguson, Mo., remain on users' streams.

AOL's HuffPost Bashed for Crowdfunding Journalism
The Awl
AOL's Huffington Post said it plans to continue on-the-ground reporting from Ferguson, Mo., in an effort crowdfunded by its readers. "But can't AOL — a large, sprawling media company that owns a lot of things that generate a lot of revenue — find the money somewhere?"

Yahoo Updates Android App with Digital Magazines
Next Web
Yahoo has updated its Android app with integration of the company's digital magazines: Yahoo Food, Yahoo Tech, Yahoo Travel, Yahoo Movies, Yahoo Beauty and Yahoo Health. Lately, the Internet giant has been pushing very hard to get its mobile apps up to snuff.

Conde Nast Names Chief Marketing Officer in Shakeup
New York Post
Conde Nast has continued to shake up its management ranks by naming longtime Vanity Fair publisher Ed Menicheschi as chief marketing officer and president of the Conde Nast Media Group. Menicheschi replaces exec Lou Cona; no replacement has been tapped yet at VF.

Time Inc's People Magazine Is Racist, Lawsuit Says
New York Post
A new lawsuit has claimed that People magazine is a bastion of racism led by white bosses who think stories about blacks don't interest their "white middle-class" audience. Tatsha Robertson was People's first and only black senior editor until she was fired, the suit said.

Rodale Nabs Saveur Editor to Revamp Magazine Title
New York Times
James Oseland, editor in chief of the food magazine Saveur, will leave his position to join Rodale to start a new magazine brand. Oseland will transform the 62-year-old Organic Gardening magazine into Organic Life. The new title will cover "food, garden, home and well-being."

Hearst's House Beautiful Gets 'Colorful' in Redesign
MediaPost
House Beautiful's September issue has unveiled an updated layout that brings color to the front of the magazine in a paint index. All the colors featured in the issue are revealed in the table of contents, alongside the name of the paint and page number where it is featured.

Playboy Gives Website a Facebook-Friendly Makeover
Advertising Age
Playboy has a new website that the publisher hopes you might even share with your mom on Facebook. The 60-year-old men's magazine is revamping its site to focus on content that is not overly "adult." The new Playboy.com more closely resembles GQ or Esquire.

Conde Nast's Wintour Takes the Ice Bucket Challenge
New York Times
The ALS ice bucket challenge, for which participants douse themselves with ice-cold water and dare others either to do the same within 24 hours or to donate to an ALS charity, has been dominating social media. Even Vogue's Anna Wintour gamely sat for a spattering.

Spin Media Eyes Event Strategy for Online Publications
Capital New York
Stephen Blackwell, the new CEO of Spin Media, a collection of online music and lifestyle titles such as Celebuzz and Stereogum, said he believes that events will be a promising strategy for the company. Titles Spin and Vice have been hosting events for decades, he noted.

MailOnline Becoming DailyMail.com to End 'Confusion'
Advertising Age
MailOnline, the website of British tabloid Daily Mail, recently hired BuzzFeed exec Jon Steinberg to lead the business side of its North American operations. Steinberg plans to beef up staff, as well as migrate MailOnline to DailyMail.com, to fix "confusion around the brand."

Essay: Daily Printed Newspapers Are Facing Last Call
Medium
Clay Shirky: "Maybe 25 year olds will start demanding news from yesterday, delivered in an unshareable format once a day. Perhaps advertisers will decide 'Click to buy' is for wimps. Mobile phones: could be a fad. After all, anything could happen with print. Hard to tell, really."



Recent Headlines
Media news by sector

GO TO:
MAGAZINES & NEWSPAPERS
TELEVISION & RADIO
INTERNET & DIGITAL MEDIA
ADVERTISING & MARKETING
MEDIA COMPANIES


 
MAGAZINES & NEWSPAPERS
 
Time Inc Exec Says Spreadsheet-Gate 'Not a Big Deal'
New York
Norman Pearlstine, Time Inc. chief content officer, has pushed back against criticism of a leaked document indicating that the company ranks writers in part on whether they produce content "beneficial" to advertisers. "It's not this great example of an issue related to church and state."

News Corp: News Site to Destroy Leaked Documents
ABC
Online news site Crikey has responded to legal threats by agreeing to destroy leaked documents indicating a steep decline in News Corp.'s newspaper business. Crikey published what the Rupert Murdoch company calls "the blue book" — operating accounts for all its businesses.

Tribune's Los Angeles Times Mulls Move to Go Smaller
Bloomberg
The Los Angeles Times has begun surveying readers about marketing messages that could accompany a switch to a "new, compact size." One query presented the format as "easier to hold and handle, and you no longer need to fold or maneuver the paper in order to read it."

Financial Times Tests Twitter News Filter for Readers
@kgeriksson
The Financial Times has begun testing a Twitter filter called FT Antenna. The service is for "FT readers who don't have the time to be on Twitter all day, but who want to be tipped off about interesting stories from across the web." Antenna is "powered by tweets from accounts we trust."

Conde Nast Entertainment Makes Deal with '#HeyUSA'
Mashable
Grace Helbig and Mamrie Hart's summer road trip web series "#HeyUSA" has been dribbling out three two-to-four-minute teasers per week since July. But it will soon graduate to full-length episodes, thanks to a new partnership with Conde Nast Entertainment's TheScene.com.

Meredith's Family Circle Avoids Drudgery in Redesign
Adweek
Meredith's Family Circle will be getting a facelift with its September issue. But the redesign isn't just cosmetic. The magazine is also updating its content in an effort to better address its readers' lives in 2014. "The magazine isn't about the drudgery of being a mom."

Conde Nast Traveler Web Redo Adds Outside Voices
Skift
Conde Nast Traveler has rolled out its latest round of changes under the new leadership of top editor Pilar Guzman. The brand relaunched CNTraveler.com, featuring a pool of outside contributors — bloggers and other tastemakers — "who have developed their own audience."

Lucky Magazine to Create 'New Model' for E-Commerce
Bloomberg
Lucky chief creative officer Eva Chen, on the magazine's spinoff from Conde Nast: "We're creating content first, and then adding commerce later. It will kind of be a new model for e-commerce. A lot of these new shopping sites don't have an editorial voice. We have a distinct point of view."

Digital First Media to Sell 51 US Newspaper Buildings
Denver Business
Digital First Media, owner of the Denver Post and other papers, has put up for sale 51 of its newspaper buildings across seven states. The strategy will free the company "from the constraints of being overburdened with underutilized properties," said president-COO Steve Rossi.

Hearst to Launch Free Print Weekly Title TrendingNY
WWD
Hearst has plans to test a free weekly publication in the New York metro area called TrendingNY. The newspaper-magazine hybrid, targeting millennial women, will focus on New York–centric cultural events, restaurants and what's in stores. "It's about what's happening now."

Conde Nast Sells Fairchild Fashion Media to Penske
WWD
Penske Media has entered an agreement to acquire Fairchild Fashion Media from Conde Nast, in a deal that includes WWD, Footwear News, M Magazine and the Fairchild Summits and events business. Penske Media's existing brands include Deadline.com and Variety magazine.

AMI Restructures Debt Again Seeking 'New Growth'
Folio
American Media Inc. said it will convert almost 25% of its outstanding debt into equity holdings for its new owners. The agreement reduces AMI's $500-million-plus debt load by $121.3 million, freeing the publisher of Star and Men's Fitness for "a new and exciting period of growth."

Robb Report Publisher Near $60 Million Stake Deal
New York Post
Cleveland Cavaliers owner Dan Gilbert is said to be in final negotiations to buy a stake in CurtCo Robb Media, publisher of the Robb Report luxury lifestyle magazine aimed at the ultra-rich. The price tag is said to be about $60 million for what is basically a one-title company.

Atlantic Media Preps Launch of 'One-Link' Social Site
Digiday
Andrew Golis, who joined Atlantic Media as entrepreneur-in-residence last year, has revealed that he is developing a social website called This. The new site will let users share one link per day — an antidote to the flood coming from people's social streams. "We can't keep up."

Gawker Interns' Class Action Suit Gets Green Light
Pando Daily
Bad news for Gawker: A judge has agreed that a group of its former unpaid interns are entitled to bring a class action suit over their treatment while working at Nick Denton's gossip factory. The ruling means that the interns can now invite other former unpaid Gawker workers to join the suit.

Rodale Chief Offers a Look Insider Her Refrigerator
Well+Good
Maria Rodale, CEO and chairman of Men's Health magazine publisher Rodale, lived on a self-sufficient organic farm growing up. She recently created the organic online shopping site Rodale's. "I want to make it easy for people to live a healthy, happy life, myself included."

Newseum to Display Pharrell's Giant Grammys Hat
Washington Post
Now you can see Pharrell Williams's hat from the Grammy Awards in person. Arby's plans to loan the Vivienne Westwood creation that became social-media sensation to the Newseum for a temporary exhibit. The hat "shows the power of social media in its ability to create news."

Time Inc Judges Journalists on Appeal to Advertisers
CNNMoney
For anyone who believes in a traditional wall between impartial news and advertising, a Time Inc. spreadsheet published by Gawker was disturbing. The spreadsheet listed writers and editors at SI.com, ranked in part on whether their work is "beneficial to advertiser relationship."

Hearst Offers Fall Fashion Magazines in To-Go Box
Mr Magazine
The fall issues of Hearst's three fashion magazines — Harper's Bazaar, Elle and Marie Claire — will arrive on newsstands weighing nine pounds. And rather than searching for a heavy duty bag to carry them, the company created a box to hold all three titles, offered at a discount price.

Rodale's Bicycling Re-Appoints Strickland as Editor
min
Rodale president Scott Schulman has announced that Bicycling veteran Bill Strickland will reclaim his post as editor in chief. Strickland previously served as top editor from 1999 to 2003. "Bill will bring the brand's multiplatform capabilities to an even wider readership."

Newsweek, Resurrected in Print, Now Turns to the Web
Capital New York
Newsweek top editor Jim Impoco said he is building out a new web team that will serve as a continuous news desk responsible for keeping newsweek.com well-stocked with original and aggregated content. Impoco is staffing up to bring the newsroom headcount to around 50.

Washington Post Adds Amazon 'Buy' Links in Mistake
Geek Wire
The Washington Post inserted "Buy it Now" buttons into its editorial copy, linking to products sold on Amazon, run by Jeff Bezos, the newspaper's new owner. But the Post claims a mistake occurred while it was upgrading to a new format, causing the button to be "inadvertently" added.

Thrillist Becomes Big Business Selling Stuff to Dudes
Wired
Thrillist, which began as an email newsletter aimed at young men, expects to see $100 million in revenue this year, with its blend of editorial and e-commerce. Co-founder Ben Lerer claims that is higher than the sales of online media brands, such as Vox, Business Insider and The Onion.

Tribune Publishing Shares Decline in Trading Debut
Chicago Tribune
Tribune Publishing fell more than 4% in its trading debut on the New York Stock Exchange, one day after spinning off on its own. The early selling was seen mostly as institutional investors who hold Tribune Media stock unloading their shares in Tribune Publishing. "That's a good thing."

Gannett Stake Nabbed by Icahn Ahead of TV-Print Split
USA Today
Carl Icahn has taken a 6.6% stake in Gannett, saying he wants a role in the company's planned split of its TV, digital and newspaper divisions. Gannett announced on Aug. 5 that the newspaper and broadcasting divisions would be traded as separate companies by mid-2015.

McClatchy Invests in Engage3 for Mobile Shopping App
MediaPost
McClatchy has made in investment in Engage3, which specializes in retail intelligence and mobile shopping platforms. The deal will give the newspaper publisher's advertising clients access to Engage3's ShoppingScout mobile app and help accelerate the app's adoption.

Time Inc Looks to People Magazine Editor for Profits
New York Times
People magazine accounts for about 20% of all revenue for Time Inc. But the prospects for celebrity titles look uncertain, as websites like TMZ and Yahoo Celebrity attract far more readers. Said People editor Jess Cagle: "I certainly don't think that I am responsible for the survival of Time."

Bauer's InTouch Among Top Newsstand Decliners
New York Times
Celebrity magazines used to be the impulse purchase at the checkout line. But those impulses are apparently being resisted. New data released by the Alliance for Audited Media showed celebrity magazines suffered mightily on the newsstand in the first half of 2014.

Conde Nast's Big Changes Include Spinoff of Lucky
WWD
Conde Nast has revealed a series of reshuffles in its digital arm involving Lucky, Bon Appιtit and one of its top execs. The biggest change is the formation of the Lucky Group, a joint venture that will merge Lucky magazine with the e-commerce platform BeachMint.

Hearst's UK Company Magazine Becomes Online Only
Media Week
Hearst's Company magazine, aimed at young women, is set to become a standalone digital brand after its October issue. The publisher claims the move will allow the British title to "focus its editorial efforts on supporting the desires of its 16 – 24 year-old female audience."

Dennis US Chief Kotok to Leave Magazine Publisher
Capital New York
Dennis U.S. chief exec Steven Kotok will be leaving the company, he announced in a memo to staff. Dennis publishes The Week and Mental Floss, among other titles. Kotok worked for more than 18 years for businesses owned by British billionaire Felix Dennis, who died in June.

Bloomberg Media Names Tyrangiel to Oversee Editorial
Politico
Josh Tyrangiel has been promoted to oversee all editorial content at Bloomberg Media. Tyrangiel served as editor of Bloomberg Businessweek before being named senior executive editor for consumer products for which he has been helping revamp Bloomberg's media group.

B&C Former Editor to Lead Center for Communication
B&C
J. Max Robins, former B&C editor in chief, has been named executive director of the Center for Communication. Robins is a veteran of TV Guide and Variety. "Our mission is to build and sustain a vibrant connection between the media industry leaders of today and tomorrow."

News Corp Mulls Developing News App for Millennials
Financial Times
News Corp. is said to be considering the development of an app-based news service aimed at "millennial" readers. The effort suggests Rupert Murdoch's enthusiasm for digital journalism has not dimmed two years after he closed The Daily, the company's tablet-based newspaper.

Tribune Publishing's Future Examined Ahead of Debut
Crain's Chicago
Will Tribune Publishing sink or swim? Media observers say to keep an eye on six figures: revenue, cash, costs, debt, profit and circulation. The newspapers seem to have accepted a declining print readership, with the Chicago Tribune removing many of its street boxes.

Washington Post: We're Experimenting in Every Way
Capital New York
Marty Baron, editor of the Washington Post: "We're experimenting every which way right now. We have a whole set of new verticals, blogs, whatever you want to call them. We created a breaking news team. They're all layered on top of the more traditional journalism we continue to do."

Boston Globe Staffs Up for New Catholicism News Site
Boston Globe
Boston Herald columnist Margery Eagan has joined the Boston Globe as a spirituality columnist for its forthcoming Catholicism-news website, Crux. The new site plans to cover the institution of the church, with focus on how the words and actions of Pope Francis affect Catholics worldwide.

Hearst: Harper's Bazaar to Run Global Photo Portfolio
WWD
Carine Roitfeld's big project as global fashion director of Harper's Bazaar will be unveiled on Aug. 19. Her portfolio of 19 images of well-known women — from Lady Gaga to Lauren Hutton — will run in all 30 editions of the magazine. Hearst gave Roitfeld "a huge amount of power."

Rodale: Men's Health Global Covers Showcase Ronaldo
NBC Sports
People around the world will soon become even more familiar with Cristiano Ronaldo. The Real Madrid and Portugal soccer star will appear on the cover of Men's Health in over 60 countries for the September edition. Ronaldo's body will adorn the cover of 41 editions.

Time Inc's App Challenger to ESPN Reports a 'Victory'
Wall Street Journal
120 Sports may not take down ESPN overnight. But the sports-news mobile app, which is backed by Time Inc. and major sports leagues, is off to a decent start. Since launching in late June, 120 Sports has ranked as high as No. 72 in Apple's app store, which is seen as a "victory."

Conde Nast's The New Yorker Hires Ad Agency SS+K
Adweek
The New Yorker has a redesigned website, a new paywall system in the works and now an advertising agency to promote it all. SS+K has landed the assignment after a review. Initially, the firm will develop a brand campaign and marketing around the magazine's 90th anniversary.

Hearst's Good Housekeeping Amping Up in Fashion
WWD
In an effort to amp up the fashion quota — and presumably advertising — Good Housekeeping editor in chief Jane Francisco has recruited Lori Bergamotto as style director and Kristen Mascia as features editor. They are among four new hires, but their roles are newly created posts.

>> MORE



 
TELEVISION & RADIO
 
Report: TV Dominates World Media Consumption
MediaPost
Worldwide, TV viewing remains the single biggest media activity. On average, 2.58 hours per day are consumed globally, according to GlobalWebIndex's new report of media consumption. The U.S. remains the biggest TV market. Plus, online TV viewing is continuing to rise.

CBS Plays Hardball with Over Station Affiliate Fees
Wall Street Journal
Last week CBS stripped an Indianapolis TV station of its affiliation after a fee dispute. The timing couldn't have been worse: The station's owner, LIN Media, was due to be acquired by Media General in the biggest TV-station merger of the year. Media General cut the price it is paying for LIN.

ESPN, MAC Enter 13-Year Media Rights Agreement
Associated Press
Mid-American Conference Commissioner Jon Steinbrecher said the league's new 13-year media rights agreement with ESPN provides long-term stability to the conference at uncertain time for college athletics. The MAC and ESPN officially announced the new deal this week.

Comcast Eyes College Market with TV via Computer
USA Today
Comcast is expected to announce the official launch and expansion of a service that allows students at seven colleges to watch live TV and video on-demand on their computers and mobile devices via campus Wi-Fi networks. The service won't mean any extra fees, Comcast said.

CBS Expected to Lead as Broadcast Ratings Erode
MediaPost
Broadcast network TV ratings erosion could worsen next year, according to Rino Scanzoni, chief investment officer of WPP's GroupM. One major factor will be where CBS lands. Many are predicting that CBS will return to the top broadcast TV network among key 18-to-49 viewers.

DirecTV, Dish Eye Political Cash with Customized Ads
Los Angeles Times
DirecTV and Dish Network will be looking for a landslide this fall in political dollars. For the first time, satellite broadcasters will be jockeying with other media outlets for a share of political spending that could top $3 billion this year. "We think we've built a better mousetrap."

NFL Asks Music Acts for Pay to Play the Super Bowl
Wall Street Journal
The National Football League doesn't usually pay the act that performs at halftime during the Super Bowl. But in a twist, the league has asked artists under consideration for the 2015 gig to pay to play. The halftime show this year drew a record 115.3 million viewers.

Al Jazeera Rejects Gore Allegations About Current TV
Reuters
Al Jazeera has rejected allegations from Al Gore and Joel Hyatt, the founders of Current TV, saying they were false and potentially misleading. "Rather than indemnifying Al Jazeera, Gore and Hyatt have resorted to a preemptive lawsuit and lawyer-driven public relations maneuvers."

TV Broadcasters Sue Over FCC Auction of Airwaves
Wall Street Journal
The National Association of Broadcasters has filed a lawsuit arguing the Federal Communications Commission's plan to auction off airwaves would hurt TV stations in both their coverage areas and their wallets. Should the NAB win in court, the FCC could be forced to redo its auction rules.

Fox Sports Taps YouTube Space LA for Web Show
Variety
Fox Sports, looking to deepen its reach with younger audiences on social platforms, has partnered with YouTube Space LA to produce a daily web-video series focused on fast-breaking stories that will be shared online. The goal is to produce four to 10 "snarky" videos per day.

NBC News Anchor Williams to Take On New Rivals
Associated Press
Brian Williams, anchor of NBC "Nightly News" for nearly 10 years, faces new competition from both ABC and CBS as they look to end his network's 256-week streak as the top evening newscast. David Muir takes over after Labor Day as anchor of the second-place ABC "World News."

CNN-Connected Firm for Doctors' Offices Eyes Sale
Reuters
AccentHealth, a private company that shows CNN programming hosted by Dr. Sanjay Gupta on TV screens in the waiting rooms of doctors' offices, is said to be exploring a sale. The company pays a licensing fee to Time Warner's Turner Private Networks to carry the segments.

CBS Seeks $500,000+ for Ads in 'Thursday' Football
Variety
CBS is seeking more than half a million dollars for a 30-second spot in its coming "Thursday Night Football" broadcasts, which will be simulcast on cable’s the NFL Network — the latest signal that TV networks believe live football gives them a greater advantage.

NBC 'Saturday Night Live' Announcer Pardo Dies at 96
NBC News
Don Pardo, the legendary announcer and iconic voice for NBC's sketch comedy show "Saturday Night Live," has died at the age of 96. Pardo began his career at NBC in 1944, working on shows from "Jeopardy!" to "NBC Nightly News." He retired in 2004 but continued at "SNL."

CNN's Tapper Hit with Tear Gas in Ferguson Protest
Mediaite
Chaos unfolded yet again during the protests in Ferguson, Mo. The turmoil was captured live on CNN as stun grenades and tear gas flew towards Jake Tapper, Don Lemon and their CNN crew. Tapper put on a gas mask and Lemon secured a bulletproof vest while describing the scene.

MTV Chief Toffler Talks Miley, FCC, Diddy's Revolt
Billboard
MTV's Video Music Awards will celebrate its 30th anniversary this Sunday. But the cable network has no plans to honor the milestone. "The VMAs are about what's current," said boss Van Toffler. "We listen to our audience every day. And we reinvent every three to five years."

NBC Enlists Magazines to Hawk Show on Fake Covers
Variety
Nearly a dozen top U.S. magazines will put James Spader, star of NBC's "The Blacklist," on their covers, as part of an advertising campaign to promote the show's new season. Participating magazines include Playboy, Wired, New York, Time, The New Yorker and Rolling Stone.

Disney to Sell Radio Stations, Cut Staff in Digital Move
Los Angeles Times
Disney plans to sell 23 radio stations and will begin distributing much of its Radio Disney content digitally, the company said. As a result of the expected sales, Radio Disney, which targets children and families, will lay off about 200 people. A buyer for the stations has not been identified.

Viacom Invigorates MTV Amid Rivalry with Vice Media
TheStreet
Viacom's handling of MTV has been successful, but competition is hot on its heels. Vice Media CEO Shane Smith has made it known that he wants to transform his company into "the next MTV." In response, MTV said: "MTV is the MTV of this generation, and it continues to regenerate."

CBS Eyes Future in Digital Video Channels Like Netflix
Capital New York
CBS plans to produce original shows for digital video channels, according to CEO Les Moonves. "Shortly you will hear about us being in business with some of the SVODs with programs." Digital outlets like Netflix and Amazon have become enormous revenue streams for CBS.

HBO Stock Proposal Floated to Help Boost Time Warner
Investor's Business Daily
Time Warner should consider a tracking stock for HBO as a way to bolster shareholder value, said Janney Capital Markets analyst Tony Wible. Management needs to mull alternatives after rejecting Fox's takeover bid. The move would "force TWX to be valued on a sum of parts."

Clear Channel's iHeartRadio Unveils NBC Show Pilot
CNET
IHeartRadio has added a bigger dash of visual to its audio, as NBC premiered the pilot of new show "A to Z" on the digital-music platform weeks before the network plans to put it on the airwaves. The first episode was available on digital properties owned by Clear Channel.

Hearst-Burnett TV Production Firm Seeks to Sell Stake
Wall Street Journal
"Survivor" producer Mark Burnett is said to be looking to sell a stake in One Three Media, the TV production firm he co-owns with Hearst. Burnett reportedly has met with potential investors, including NBCUniversal. The talks come amid consolidation in reality TV production.

Tribune, Ferguson Near Deal for Syndicated Talk Show
Variety
Craig Ferguson is in final negotiations with Tribune Media to host a daily syndicated talk show that would air in the 7 p.m. hour across the company's 42 TV stations. The show is targeted to bow in fall 2015. Ferguson will step down from CBS' "Late Late Show" in December.

Al Jazeera America Sued by Gore for Unpaid Millions
Associated Press
Former U.S. VP Al Gore has sued Al Jazeera America, claiming the news network withheld tens of millions of dollars that it owed for buying Current TV from him and other shareholders for $500 million last year. AJA "wants to give itself a discount on the purchase price."

MTV Former CEO McGrath Joins Board of Amazon
Multichannel News
Amazon has named former MTV Networks chairman and CEO Judy McGrath to its board of directors, a move that could help boost the online retailer's Internet video offerings. McGrath was one of the architects of the youth-oriented network, joining MTV in 1981 as a copywriter.

NBC's 'Meredith Vieira Show' Set for September Debut
Hollywood Reporter
The budget for "The Meredith Vieira Show," which will debut Sept. 8, is said to be close to $35 million not including the host's talent fee, which industry insiders put at $5 million. The syndicated show is more expensive than the average daytime talker, which costs about $20 million.

AMC Networks Said in Talks for Stake in BBC America
Bloomberg
AMC Networks is said to be in talks to acquire almost 50% of BBC America, the U.S. channel of BBC Worldwide. The Dolan family-controlled cable programmer is believed to be interested in a partnership that lets BBC America use AMC's advertising sales and distribution network.

Scripps, Journal Merging Broadcast, Spinning Off Print
Associated Press
Journal Communications and E.W. Scripps have an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public entity. Journal broadcast assets will be folded into Scripps, creating the fifth-largest independent TV-station group in the country.

Cumulus Acquires CNN News Content for Radio Stations
New York Post
Cumulus has entered a deal with CNN Newsource that will provide its radio stations with content from the global news network. "The emphasis is more on shorter stories, less hard news," said Cumulus CEO Lew Dickey. Many stories are driven by "what's happening on social media."

Vice News: We're One of the World's Biggest Newscasts
Beet.TV
Five months after its launch, Vice News on YouTube is "one of the biggest newscasts in America and possibly the world," said sales SVP Brian Dietz. The network has over 650,000 YouTube subscribers and has had 70 million views of its videos. Its success "has been surprising."

Disney-ABC's 'Katie' Ends as Couric Aggregates News
USA Today
Katie Couric is wrapping up her talk show as she moves on to Yahoo News. Look for hugs and confetti and on Wednesday's "farewell" episode of "Katie." Couric is urging fans to sign up for her "FYI" newsletter. "It's the stories I'm reading every morning. Just call me 'Katie Curator'!"

ESPN Suspends Host After Domestic Abuse Remarks
CNN Money
ESPN has announced a one-week suspension for one of its most controversial commentators, Stephen A. Smith, in the wake of his widely-criticized remarks about domestic abuse that referred to possible "provocation" by victims. The move came a day after he apologized.

CNN Overtakes MSNBC In July as Ratings Take a Hit
Hollywood Reporter
The cable news ratings seesaw for No. 2 has been in MSNBC's favor for some time, but not in July. CNN reclaimed runner-up status to Fox News Channel for the month by most key measures. Most disconcerting for MSNBC might be its total day average among adults 25 to 54.

CBS Shifts TV Schedule to Boost Ratings for 'Extant'
Associated Press
"Extant" is getting a kick-start from CBS to try to improve its ratings less than a month into its run. Starting Wednesday, the network is moving the drama starring Halle Berry back an hour, to 10 p.m. ET, so that it follows "Criminal Minds," which is seen as a more compatible lead-in.

>> MORE


 
INTERNET & DIGITAL MEDIA
 
Netflix's 'Orange' Pirated More Than 60 Million Times
GigaOm
"Orange is the New Black" isn’t just popular with Netflix's 50 million subscribers: Episodes of the show were downloaded from P2P networks 60.8 million times in the second quarter of this year. The distinction made "Orange" the third-most popular TV show on file-sharing networks.

Twitter, Facebook Push Back at ISIS Propaganda
Associated Press
The Islamic State group has turned its social media into a theater of horror, broadcasting a stream of battles, bombings and beheadings to a global audience. But there are signs of pushback, from companies censoring objectionable content and users determined not to let it go viral.

B&N, Samsung Unveil Reading-Focused Nook Tablet
Associated Press
Barnes & Noble and Samsung have unveiled a new tablet device that will replace the bookseller's own Nook tablets. The Samsung Galaxy Tab 4 Nook will sell for $179, the same entry price of the non-branded Samsung Galaxy Tab 4. For the first time, the Nook will have a camera.

Amazon to Launch Drone Package Deliveries in India
Economic Times
India is expected to be the launch-pad for Amazon's plan to deliver packages using drones, or unmanned aerial vehicles. The online retailer will debut its drone delivery service with trials in Mumbai and Bangalore, cities where it has warehouses, according to sources.

AOL's Huffington Post Preps Debut of Edition in India
Adweek
HuffPost India, a partnership between the Huffington Post and the Times of India, plans to launch Nov. 25. "It's a critical market for any global media company," said founder Arianna Huffington. "It's a market of incredible growth, and an obvious market for us to go to."

Medium to Launch Its Own Music Magazine Next Month
Re/code
Medium, the startup led by Twitter co-founder Evan Williams, has begun preparing its next foray into web publishing: a digital magazine dedicated to stories about music. Medium's music publication will be edited by Jonathan Shecter, best known as the co-founder of The Source.

Apple Stock Hits Record High Ahead of New iPhone
CNNMoney
Apple's mojo isn't just back, it's on fire. The tech behemoth's stock closed at the highest price in the company's history — $100.53 a share — on Tuesday. Investors are salivating over demand for the next iPhone and cheering Apple's newfound willingness to spend its cash horde.

Yahoo Live Streams Swift in Original Content Move
TheStreet
Yahoo tried to appeal to Swifties — the teenage (and older) army of rabid Taylor Swift fans — by hosting a live stream event on Monday of Swift introducing her latest single. Yahoo is tiptoeing into original web content creation, and this is just the latest tier in its plan.

App Developers Seek Boost from Celebrity Tie-Ups
Financial Times
App developers are increasingly looking to pair up with the likes of Kim Kardashian as they seek ways to stand out in a crowded marketplace. Analysts expect a flood of celebrity-endorsed and Hollywood-branded apps, as stars aim to extend their franchises into the digital world.

Snapchat Looks to Bring in News Content, Sell Ads
Wall Street Journal
Snapchat, the mobile app that creates vanishing messages, could soon be a service for disappearing videos, news articles and advertisements. The startup has held talks with advertisers and media companies about a service that would show content and ads to its users.

Microsoft Ex-CEO Ballmer Steps Down from Board
CNET
Steve Ballmer has cut his remaining official tie with the company he ran for 14 years, resigning from Microsoft's board of directors. In February, Ballmer stepped down as CEO. Since then, he has kept a low profile — his biggest news being his purchase of the Los Angeles Clippers.

Google's Pivotal IPO Launches Decade of Big Bets
Associated Press
Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape much of the world in its orbit. And CEO Larry Page is determined to push even further. His vision is that Google's products and services will become the control center of people's lives.

YouTube Removes Video Showing Journalist's Death
BuzzFeed
A video uploaded to YouTube by Islamist militants purports to show the beheading of a man believed to be U.S. journalist James Wright Foley. The clip was removed after about 20 minutes. YouTube policies "prohibit content like hate speech and incitement to commit violent acts."

Twitter to Remove Images of Deceased Individuals
Wall Street Journal
Twitter said it will remove images of deceased individuals at the request of family members, "in order to respect the wishes of loved ones." The move comes a week after Robin Williams's daughter said she quit the platform after being sent disturbing photo-shopped images of her father.

Facebook's 'News Problem' Exposed by Ferguson
BuzzFeed
Twitter in the past week has been dominated by second-by-second coverage of the Ferguson, Mo., protests and police clash, following one of the year's most important domestic news stories. Facebook, meanwhile, has largely been dominated by "viral news and buckets of ice water."

Netflix Paying Time Warner Cable for Faster Streams
GigaOm
Time Warner Cable has signed a direct interconnection deal with Netflix, making it the fourth of the big four U.S. ISPs to sign paid peering deals with the streaming video provider. Time Warner confirmed the deal happened in June and the implementation has been rolling out this month.

Google Moves to Target Children Under 13 Years Old
Wall Street Journal
Google plans to offer accounts to children under 13 years old for the first time, a move that will take the world's largest Internet search provider into a controversial and operationally complex new market. Google is trying to establish a new system that lets parents set up accounts for kids.

YouTube Preps Rollout of Subscription Music Service
The Verge
Google has been rumored to launch a YouTube-branded subscription music service for months, and now we're getting a look at what it might entail. The service is expected to be called YouTube Music Key, and will offer ad-free playback and the ability to save songs and videos.

Vevo's Owners Call Off Sale of Music Video Website
New York Post
Vevo is off the block. The owners of the popular music and video streamer have ended the sales process after deciding that the five-year-old property is poised for continued rapid growth. New York-based Vevo now has plans for a global roll-out. "This could be highly valuable."

Twitter Tinkers with Feeds Aiming to Find New Users
Re/code
Twitter has started surfacing tweets this weekend that users never actually said they wanted to see, a strategy intended to introduce users to new content they wouldn't otherwise discover. The social network is showing users tweets that have been favorited by those they follow.

Report: Consumer Appetite for New Apps Declining
Financial Times
Smartphone owners' waning appetite for new apps has cast a shadow over what has been a tech market hotspot, fueling mobile developers' concerns that their days of growth are coming to an end. Almost a third of users do not download any apps for their devices in a typical month.

Netflix Chief Hastings Says Don't Give In to Big ISPs
Wired
Netflix's Reed Hastings: "This is the reason we have opposed Comcast's proposed acquisition of Time Warner Cable. Comcast has shown the ability to use its market position to require access fees. A combined company would have even greater incentive to wield this power."

Aereo: TV Broadcasters Seek Nationwide Shutdown
MediaPost
A coalition of TV broadcasters has asked a judge to prohibit Aereo from operating its streaming video service anywhere in the country. The broadcasters say the Supreme Court's decision against Aereo requires the company to shut down. "Aereo is an adjudicated infringer."

Google Summer 'Camp' Draws Elite to Sicilian Resort
New York Times
Google held an elite conference in early August at a golf resort in Sicily, with a guest list of CEOs, investors and celebrities. On the agenda were discussions of global issues, along with relaxation by the Mediterranean Sea. Attendee Arianna Huffington tweeted: "Buona sera, Sicily!"

Netflix Edges Past HBO in Revenue from Subscriptions
USA Today
Emmy nominations aren't the only place where Netflix is beginning to eat HBO's lunch. The streaming video service edged past HBO in subscription revenue last quarter, earning $1.146 billion to the cable network's $1.141 billion. "We're honored to be in the same league."

StyleHaul Multichannel Network Eyed by Amazon, Fox
Variety
StyleHaul could be the next multichannel network to get snapped up by big media. Over the past several weeks, the female-focused style-and-beauty outlet has been approached about a potential acquisition by suitors including Amazon, 21st Century Fox, Hearst and Conde Nast.

YouTube Acquires Mobile Video App Startup Directr
Wall Street Journal
Google said its YouTube unit has acquired Directr, a mobile-video app used by small businesses to create marketing videos. The acquisition is the latest example of Google seeking to add tools for small businesses to encourage them to run more advertising across its sites.

Vevo Online Music Video Hub Faces Doubts Over Sale
Billboard
Vevo, on the block as it eyes life post-YouTube, is said to be worth a minimum of $650 million in a sale. But many are balking at the price tag, given the music video hub's ultimate value without YouTube's valuable display ad dollars. "I don't think they're going to be able to sell it."

Yahoo Former Chief Levinsohn Joins Scout Media
Adweek
Scout Media, a men's sports and lifestyle digital publisher, has appointed Ross Levinsohn to executive chairman. Levinsohn served as CEO of Guggenheim Digital Media for 18 months before exiting in June. The veteran exec is also known for his tenure at Yahoo.

Microsoft Xbox Shops Home for Entertainment Studio
Hollywood Reporter
Microsoft may have decided to shutter its nascent Xbox Entertainment Studios. But it's not necessarily game over for the operation. XES is said to be shopping for a new home and has had preliminary talks with Warner Bros. about becoming a stand-alone entity based at the studio.

Google to Acquire Social City-Guide Maker JetPac
Reuters
Google plans to buy JetPac, a startup that designs social travel apps. San Francisco-based JetPac uses pictures from various social networking sites to create city guides. "We look forward to working on exciting projects with our colleagues at Google," said a posting on JetPac's website.

Yahoo Acquires Web Ad-Malware Detector ClarityRay
Globes
Israeli startup ClarityRay, which develops tools to help web publishers circumvent ad blockers and combat theft of ad space, has been sold to Yahoo for $15-to-$20 million in cash. "Advertising is an essential part of our business here at Yahoo, and we're committed to getting it right."

IAC Acquires Teen Suicide-Linked Website Ask.fm
Financial Times
Barry Diller has bolstered his portfolio of Internet companies with the acquisition of Ask.fm, a social networking site that has been criticized for not doing more to prevent bullying. It was linked with teenage suicides, which led to a number of advertisers pulling their campaigns.

AOL to Tap Bond Market for Potential Acquisitions
Wall Street Journal
AOL plans to tap the convertible bond market to raise $300 million, a move that will give it additional firepower for use in potential acquisitions. Until recently the company relied on cash generated from internal operations and asset sales to fund growth, including last year's buy of Adap.tv.

Yo App Could Turn Out to Be Bigger Than Twitter
Wall Street Journal
The next iteration of the Yo app will let users send a link along with their "Yo." And a forthcoming service that lets any person connect an RSS feed to Yo means every blogger, website and media outlet on earth will be able to send push notifications to their followers, including links.

Twitter Creator Dorsey Tweets from Ferguson Protest
St Louis Post-Dispatch
Jack Dorsey, co-founder and co-creator of Twitter, sent tweets from Ferguson, Mo., on Friday night. Dorsey, a native of St. Louis, posted Vine videos of people walking on West Florissant Avenue. In one post, he noted, "People's cameras outnumber and outbroadcast the cameras."

Facebook Tests Tag to Distinguish Satirical Articles
Ars Technica
Facebook has begun running a test showing the text "Satire" in front of links to satirical articles in the related articles unit in its news feed. "This is because we received feedback that people wanted a clearer way to distinguish satirical articles from others in these units."

BuzzFeed Valuation Tops Tribune's After Investment
Bloomberg
BuzzFeed has raised $50 million on a bet its mix of animal lists and serious news is more valuable than the coverage produced by established media like the Washington Post and Los Angeles Times. The investment from venture-capital firm Andreessen Horowitz has propelled its valuation.

Apple TV Stalls as Cable Companies 'Drags Their Heels'
The Information
Apple's long-discussed, all-in-one box for accessing live and on-demand TV is not expected to launch this year. Company engineers are said to be working off timelines that now assume a rollout next year. Apple employees have said cable companies are "dragging their heels."

IAC's Aereo Writedown Leads to First Net Loss in Years
Bloomberg
Shares in Barry Diller's IAC/InterActiveCorp fell after reporting its first quarterly loss in more than four years as the company wrote down its investment in Aereo. IAC said the largest portion of the writedown was for its stake in the Internet-TV startup, which has halted operations.

Twitter to Acquire Image Search Startup Firm Madbits
TechCrunch
Twitter has acquired New York-based image search startup Madbits for an undisclosed amount. Madbits said it is "primarily interested in the task of image search, and the creation of intelligent, dynamic image sets, to automatically organize large databases of images."

Google Adds Ratings to Merchant Search-Results Ads
Wall Street Journal
Google has begun prodding merchants to provide more data to make its search results more effective — and more like Amazon. The Internet giant said it will add ratings to its so-called product-listing ads, which are used by merchants to sell their wares via Google search pages.

BuzzFeed Developing a Mobile App for Serious News
Advertising Age
BuzzFeed has begun developing an app to highlight the viral publisher's more serious reported news stories. The company is in the "embryonic stage" of building the app and is looking for a journalist to lead the effort. "It's going to be one of the most fun jobs in journalism."

Apple TV Set-Top Box Adds CNBC, Fox Now to Lineup
CNET
Apple has grown its lineup of channels on its TV set-top box, this time with CNBC, Fox Now and two regional channels. Apple TV has been adding more content as the company fights a handful of competitors — including Roku, Amazon and Google — in the streaming-media device market.

Netflix, AT&T Enter Peering Deal to Reduce Buffering
Mashable
Netflix has reached an agreement to give its streaming service direct access to AT&T's network, with the goal of reducing buffering when subscribers watch shows like "House of Cards" and "Orange Is the New Black." The so-called peering deal went into effect on Tuesday.

Hulu Former CEO's Startup Eyes Talent on YouTube
VentureBeat
Jason Kilar, former CEO of Hulu, is working on a new video startup called Vessel, which has a business model that might make YouTube sweat. Vessel is said to be targeting top talent on premium YouTube channels. It might be able to promise content partners a larger payout.

Google Sued by Former F1 Boss Over Sex Party Photos
Guardian
Max Mosley, the former head of Formula One, has launched a legal action against Google in the U.K., demanding that the search engine remove images of him at a sex party. The high court challenge could set a significant legal precedent in the control of online privacy.

>> MORE


 
ADVERTISING & MARKETING
 
Marketers Hope to Bridge Gap in Mobile Ad Spending
Financial Times
Tech groups have been laying big bets on mobile advertising, as consumer attention shifts from print and radio to smartphones and tablets. But mobile marketing remains a realm of hesitation and experimentation. The tools for measuring effectiveness "are still being built."

Report: Outside Money Drives Deluge of Political Ads
New York Times
An explosion of spending on TV political advertising — set to break $2 billion in congressional races, with overall spots up nearly 70% since the 2010 midterm election — is said to be accelerating the rise of moneyed interests and wresting control from candidates' efforts to reach voters.

Publicis Mulls Digital Acquisitions in 'Difficult' Year
Financial Times
Publicis, the French advertising group, has revised its growth plan with a view to accelerate investment and make new digital media acquisitions, after its $35 billion merger with Omnicom fell apart in May. "People who don't have enough assets in digital will end up hugely disappointed."

EMarketer: Mobile's Ad Share Is Passing Newspapers
Wall Street Journal
American media habits are changing — and the advertising dollars are following. Ad spending on smartphones and tablets will this year eclipse radio, magazines and newspapers, according to eMarketer. Spending on mobile is predicted to jump 83% in 2014 to nearly $18 billion.

CBS Outdoor Buys 1,100 Billboards from Van Wagner
Reuters
CBS Outdoor Americas plans to buy some outdoor advertising businesses from privately held U.S. billboard company Van Wagner for $690 million in cash. The deal includes about 1,100 large-format billboard displays in 11 U.S. markets with total revenue of $206 million in 2013.

Report: Advertisers Moving Money From TV to Digital
Wall Street Journal
Procter & Gamble and General Motors, two of the biggest U.S. advertisers, have scaled back their advertising commitments to TV networks during the annual "upfront" negotiations. While both companies still devote most of their ad dollars to TV, they have begun moving more into digital.

Nielsen, Facebook to Track Shows Watched on Devices
Washington Post
Nielsen has turned to Facebook to find out what you're watching on your mobile device. Starting this fall, Facebook will track the shows its users watch on their phones and tablets and send demo data to the TV ratings company. The arrangement was announced last October.

Report: Political TV Ads Take Targeting to Next Level
Wall Street Journal
Politicians are moving away from blanket TV advertising now that they have sophisticated ways to figure out which kinds of voters or potential voters are watching which kinds of programs and when. "Instead of sending a letter to a post box, we're sending a 30-second spot to a TV set."

Study: Binge TV Viewers Are More Receptive to Ads
Wall Street Journal
Netflix and others are making it easier for consumers to indulge in hours-long sessions of their favorite TV show. Where does that leave advertisers? New research finds that many viewers are willing to tolerate ads while binge-viewing if it lowers their subscription rates.

Report: Digital Ad Fraud Reaching 'Crisis Proportions'
Financial Times
The automation of the advertising industry was supposed to reduce waste. But in a quest for greater efficiency, marketers have exposed themselves to a new challenge: fraud. The fastest-growing part of the sector — open exchanges — is increasingly being exploited by criminals.

WWP's Sorrell: 10 Trends Shaping Global Ad Business
LinkedIn
Martin Sorrell, founder and CEO of WPP: "New York is still very much the center of the world, but power is becoming more widely distributed, marching South, East and South East: to Latin America, India, China, Russia, Africa and the Middle East, and Central and Eastern Europe."

EMarketer: Advertisers Scramble to Spend on Mobile
Financial Times
U.S. advertising spending on mobile devices will pass all other digital ads in two years and account for more than a quarter of total marketing budgets by 2018, according to eMarketer. "Consumers are spending more of their digital media time with their smartphones and tablets."

>> MORE


 
MEDIA COMPANIES
 
Report: TV Dominates World Media Consumption
MediaPost
Worldwide, TV viewing remains the single biggest media activity. On average, 2.58 hours per day are consumed globally, according to GlobalWebIndex's new report of media consumption. The U.S. remains the biggest TV market. Plus, online TV viewing is continuing to rise.

Media Bigs in Race to Scoop Up Indie TV Studios
New York Post
Prices for independent TV studios have been soaring this year, as big media companies rush in to gain control of hot shows. Programmers are watching carefully as a growing number of producers take their work directly to new players such as Netflix, Hulu and Amazon.

Comcast-Time Warner Cable Tie-Up Faces Threat
Bloomberg
A fee dispute between Time Warner Cable and its rivals that has left Los Angeles Dodgers games blacked out for most fans has threatened to undermine the cable company's merger with Comcast. Concerns over the combined company's heft could lead regulators to block the deal.

CBS Plays Hardball with Over Station Affiliate Fees
Wall Street Journal
Last week CBS stripped an Indianapolis TV station of its affiliation after a fee dispute. The timing couldn't have been worse: The station's owner, LIN Media, was due to be acquired by Media General in the biggest TV-station merger of the year. Media General cut the price it is paying for LIN.

Disney Shares Reach New High Under Iger's Watch
Los Angeles Times
Disney stock is trading at all-time highs. Shares of the media and entertainment giant closed Tuesday up 12 cents to $90.09 a share. On Monday, Disney shares reached $90.37 during intra-day trading. Investors appear to approve of CEO Bob Iger's stewardship of the company.

Time Warner's Turner Tells Staffers to Expect Layoffs
Capital New York
In a memo to employees, Turner Broadcasting CEO John Martin said that the company will unveil a new corporate structure "in the next two months." He suggested that there will be layoffs across the entire operation, which includes CNN, TNT, TBS, Turner Sports and Cartoon Network.

Fox's Murdoch Warns of 'More Fergusons' Coming
Washington Times
Rupert Murdoch said that the current events in Ferguson, Mo., are likely to replicate in communities around the nation, due in part to the sluggish U.S. economy. The media magnate tweeted: "US has historic high in people out of work. Major changes needed to open opportunities."

Scripps Elevated Stock Price Suggests Bid to Come
Bloomberg
Investors are pricing Scripps Networks Interactive, owner of HGTV and the Food Network, as if it is already in takeover talks. The elevated stock price reflects bets that an offer could come soon, from Discovery, Viacom or another party. "There are probably a lot of interested players."

Viacom Movie Trailer Directs Viewers to Whisper App
Mashable
Viewers are used to seeing call-outs to Facebook and Twitter in movie trailers. Paramount's "Men, Women & Children" features a new one — Whisper. A trailer for the Jason Reitman film asks viewers "What do you Whisper?" and directs them to use the hashtag #MWC.

Disney's Maker Studios Signs Musical Star Stirling
TheWrap
Lindsey Stirling has partnered with Disney-owned multichannel company Maker Studios. The 27-year-old musician, dancer and performer already has a YouTube channel with over 5 million subscribers. Said Stirling: "I am one step closer to becoming a Disney princess!"

Media Industry Seen Ripe for Mergers, Acquisitions
Wall Street Journal
Even after 21st Century Fox abandoned its bid for Time Warner, the media industry is likely to see more M&A activity, said Monica DiCenso, U.S. head of equity strategy at J.P. Morgan Private Bank. Companies are flush with cash, she said, and a scramble is on to control the best content.

Fox's Murdoch Bashes Google on Privacy in Tweet
Fortune
Twitter users have let Rupert Murdoch know that a media mogul who was forced to shutter a newspaper over phone hacking might not be an appropriate moral authority when it comes to privacy. "NSA privacy invasion bad, but nothing compared to Google," Murdoch had tweeted.

Lionsgate's 'Expendables' Flop Shows Piracy Danger
Variety
"The Expendables 3" flopped at the box office last weekend, the victim of scathing reviews. It was also hindered by widespread piracy, as a high-quality copy of the film that leaked online three weeks before it premiered was downloaded by an estimated 2.2 million people.

DreamWorks Animation Names Chief Financial Officer
Los Angeles Times
DreamWorks Animation has appointed a new chief financial officer. Fazal Merchant, a former exec at DirecTV and Barclays Capital, has been tapped as the company's finance chief. He succeeds Lew Coleman, who will focus on global growth initiatives as vice chairman.

Activision Blizzard Plots Foray into Movies, TV Shows
The Information
Activision Blizzard has been famously averse to adapting its hit video games for the big screen, but that could soon change. The publisher of blockbuster games including "Call of Duty" and "Skylanders" is said to be considering a plan to launch its own entertainment studio.

Survey: Media Execs to Seek Growth Though Digital
World Screen
CFOs of leading media and entertainment companies have shifted their focus from cost-cutting to expansion, particularly in digital media, according to a survey by EY. Media execs are pursuing growth through investments in tech, digital talent and infrastructure, as well as acquisitions.

Murdoch Sniffing Around Startups in San Francisco
Telegraph
Rupert Murdoch didn't take long to get back in the takeover game after Time Warner spurned his $80 billion approach. Despite losing $545 million through News Corp.'s ill-fated 2005 foray into the "crappy" MySpace, the billionaire has begun sniffing around the startups of San Francisco.

Fox: No More Pursuits of Media Content Companies
Associated Press
Twenty-First Century Fox said that the company won't try to buy any other big content companies, after it called off its pursuit of rival media giant Time Warner. "We have no plans to pursue any other third-party content company as an alternative to Time Warner," said COO Chase Carey.

Time Warner Under Pressure After Fox Walks Away
CNNMoney
Is Rupert Murdoch's quest to take over Time Warner over just because he says it's over? That's what media watchers asked after Murdoch "walked away" from 21st Century Fox's proposal to acquire its big-media rival. Time Warner likely will be "prepared to sell in a year or two or three."

Fox's New Investor Sees Future Deal with Time Warner
Reuters
ValueAct Capital said it has taken a $1 billion stake in 21st Century Fox. The hedge fund known for taking stakes in companies and quietly affecting change over the long term said it sees a possible tie-up with Time Warner down the road. Fox should "revisit the deal."

Liberty Global's Malone Whets Appetite for More Deals
Financial Times
Liberty Global has been among Europe's hungriest companies, agreeing to $40 billion in acquisitions since last February. There is now speculation that John Malone's cable group might extend its drive into video content. "The one thing that's certain is that they're going to buy things."

Buffett's Berkshire Hathaway Ups Media Investments
Fortune
Warren Buffett's Berkshire Hathaway traded one cable investment for another in the second quarter, both with ties to media investor John Malone. And it increased its bet on Verizon. The moves are a part of a shift in Berkshire's investment portfolio toward media plays.

Comcast Aims to Reinvent Itself as Software Company
CNET
Comcast exec Marcien Jenckes: "This is a company that is reinventing itself. There's a great line, that cable companies used to be construction companies — that's what we did, we laid cable and broke up streets. We're now software companies, focused on consumer experiences."

Disney to Sell Radio Stations, Cut Staff in Digital Move
Los Angeles Times
Disney plans to sell 23 radio stations and will begin distributing much of its Radio Disney content digitally, the company said. As a result of the expected sales, Radio Disney, which targets children and families, will lay off about 200 people. A buyer for the stations has not been identified.

Viacom Invigorates MTV Amid Rivalry with Vice Media
TheStreet
Viacom's handling of MTV has been successful, but competition is hot on its heels. Vice Media CEO Shane Smith has made it known that he wants to transform his company into "the next MTV." In response, MTV said: "MTV is the MTV of this generation, and it continues to regenerate."

CBS Eyes Future in Digital Video Channels Like Netflix
Capital New York
CBS plans to produce original shows for digital video channels, according to CEO Les Moonves. "Shortly you will hear about us being in business with some of the SVODs with programs." Digital outlets like Netflix and Amazon have become enormous revenue streams for CBS.

Time Warner's Bewkes Faces Grilling Over Fox Offer
New York Post
Jeff Bewkes will be on the hot seat next week when Time Warner reports results. The CEO will be grilled by Wall Street for rejecting an $80 billion offer from 21st Century Fox. Bewkes's quick rebuff of Fox's bid will put pressure on him to explain why his company is worth more alone.

Fox's Murdoch 'Unlikely' to Seek Takeover of BSkyB
Telegraph
Rupert Murdoch's bid for Time Warner is a bet on content — one that would raise European regulatory concerns if he circled back to seek full control of Sky Europe. The attempt would be almost unthinkable on competition grounds, experts said. "It would be extremely difficult."

Viacom Spends Millions After MTV Shows Dead Body
Hollywood Reporter
Viacom had to spend millions of dollars after the MTV reality series "T.I.'s Road to Redemption" showed a dead body during its premiere episode. The media giant didn't believe it was financially responsible and has taken an insurance firm to court, seeking reimbursement of legal costs.

Fox, Time Warner Seen 'Long, Long Way' from a Deal
Bloomberg
Dick Parsons, former CEO of Time Warner, said Rupert Murdoch's $75 billion offer for his old company was "way off the mark." Parsons served as top exec from 2002 to 2008. "I know the management well because I put most of them in place." Time Warner is a "long, long way" from a deal.

Time Warner to Press HBO Distributers for More Cash
New York Post
Time Warner boss Jeff Bewkes is said to be planning to get tough with HBO's pay-TV partners. Under pressure from Wall Street to boost growth, Bewkes is expected to press distributors when renewing deals to share more of the proceeds from HBO promotional subscribers.

Fox: Murdoch's Ex-Son-in-Law Rejects BSkyB Offer
Telegraph
Crispin Odey, former son-in-law of Rupert Murdoch, has rejected BSkyB's offer to buy up shares of Sky Deutschland. Odey is Sky Deutschland's second biggest shareholder. The proposal "understates the value of the company." Odey was once married to Murdoch's daughter Prudence.

Liberty Global's Next Step Is Pursuing Media Content
Wall Street Journal
Amid a global race to keep up with Google and other tech companies, Liberty Global now needs media assets to complement its cable empire. "It's the 'eat or be eaten' drive of capitalism," said chief John Malone. "Scale economics are compelling in the media space."

DreamWorks Says SEC Probing Write-Down of Movie
Reuters
DreamWorks Animation said the U.S. Securities and Exchange Commission is investigating its write-down of film inventory on "Turbo." The company's shares fell nearly 9% after the movie studio also said quarterly revenue almost halved. "Turbo," about a garden snail, performed poorly.

Disney Bolsters Asia Executive Suite with New Boss
Screen International
Paul Candland has been named to the newly created position of president of the Walt Disney Co., Asia. The 16-year company veteran will oversee Japan, South Korea, Southeast Asia and Greater China. "Asia is a region of incredible growth and great promise for Disney."

DreamWorks Taps Disney Veteran as Operating Chief
Los Angeles Times
DreamWorks Animation has promoted Ann Daly to company president and named former Disney exec Mark Zoradi as its chief operating officer. The company said the changes were intended to help DreamWorks grow as an increasingly diversified family entertainment business.

Time Warner's To-Do List Is Topped by Fixing Turner
Wall Street Journal
If Time Warner CEO Jeff Bewkes is to fight off 21st Century Fox's takeover advances, he must show his media company would be better off on its own. Key to this is fixing the Turner Broadcasting unit, which houses TNT, TBS and CNN, and accounts for half of the media giant's profits.

U.S. Regulators Likely to Block One Big Media Deal
Multichannel News
The growing number of media deals could force U.S. regulators to block at least one of them, according to influential analyst Craig Moffett. "Media consolidation is always unpopular — and all the more so now when merger mania has seemingly run amok." But which one will get the boot?

>> MORE

 

HOME · ABOUT · CONTACT · PRESS · LEGAL 

Copyright © 2000-2014 I Want Media Inc. All rights reserved.