Select Page

Media’s Old Moguls Refuse to Let Go Amid New Disruptions

Bloomberg Opinion: The biggest leaders of Hollywood and TV entertainment (Redstone, Murdoch, Moonves, Iger) are approaching the end of long tenures with what seems like apprehension of letting go, and at a time when their businesses arguably need some fresh blood as...

CBS’s Future on Hold as Moonves, Redstone Sagas Drag On

Vanity Fair: CBS could aim to get bigger on its own (Lionsgate? MGM?). BTIG analyst Rich Greenfield, who has been bullish on the proposed CBS-Viacom mash-up, believes the Les Moonves saga and the Shari Redstone battle are impeding that potential outcome. “The best...

Viacom Fires Half of AwesomenessTV Staff After Acquisition

Deadline: Just weeks after touting its acquisition of AwesomenessTV, Viacom began handing out pink slips. AwesomenessTV said it would fire 98 employees at the teen-focused studio’s Santa Monica offices, or about 50% of its workforce. The company said would lay off...

Charter Plans Debut of Local News Channel in Los Angeles

Los Angeles Times: Charter is launching a 24-hour local news channel in November that will be available in the 1.5 million homes in greater Los Angeles that receive the company’s Spectrum pay-TV service. The channel would be the first of its kind in L.A., representing...

WPP’s Digital Leader is Favorite to Succeed Founder Sorrell

Bloomberg: As WPP closes in on appointing a successor to its long-time former CEO and founder Martin Sorrell, one man stands as the front-runner. Mark Read, Sorrell’s former strategy and digital chief, is the favored candidate internally to run the world’s largest...

Amazon Develops Digital TV Recorder in Challenge to TiVo

Bloomberg: Amazon is developing a new device that records live TV, working around cable providers and encroaching on TiVo’s market, according to a person familiar with the plans. The device, dubbed "Frank" inside Amazon, is a new type of digital video recorder for the...

Alphabet’s Google Plans Smart Display in Time for Holidays

Nikkei Asian Review: Google is said to be preparing to release a smart speaker equipped with a display for this year's holiday season, escalating the competition with rivals like Amazon in the market for voice-activated gadgets. The new product, which is likely to be...

Report: Streaming Model in Trouble from Password Sharing

CNBC: Streaming subscribers are sharing passwords and skirting systems in increasing numbers, creating an increasingly expensive problem for streaming services. As younger users grow up used to accessing streaming for free, the companies have to consider when and...

Netflix Fails Again at Creating a Late-Night-Style Talk Show

Fast Company: Netflix announced late Friday that it would not be making any more episodes of "The Break with Michelle Wolf" and "The Joel McHale Show," its two “late-night” style series. With Wolf and McHale joining Chelsea Handler as failed Netflix talk-show hosts,...

Facebook: Clock is Ticking on Effort to Protect US Midterms

Recode: Will Facebook be ready to protect the U.S. midterm elections? The company says it’s moving quickly on its plan. But Facebook is also running out of time to execute its plan. With the midterms less than three months away, it’s almost go...

Twitter CEO’s Damage-Control Media Tour is Working So Far

Barron's: The question for investors is how efforts to clean up Twitter would affect the bottom line and, ultimately, its stock price. Last week, at least, they responded positively: Twitter shares are up about 2 percent since Dorsey explained it...

Social Media Discriminate Against the Right, Trump Tweets

CNET: President Trump took to Twitter on Saturday to accuse social media companies of "totally discriminating against Republican/Conservative voices," a notion that's picked up steam among some on the right during the past year. "We won't let that happen," Trump...

New York Times Elicits Apologies from Media, Trump Claims

Daily Beast: President Trump claims a recent New York Times story about White House counsel Don McGahn cooperating in the Russia probe is so “fake” other “members of the media” have called him to apologize for it. “The Failing New York Times wrote a story that made it...

Forbes Touts Record Online Visitors as Rivals See Declines

Talking Biz News: July marks the third time in the last 12 months that Forbes.com has hit an all-time digital high, according to Forbes Media CEO Mike Federle: "Forbes was the only major business media brand in the top 5 to show month-over-month growth, with Business...

Meredith’s Real Simple to Showcase Products in Apartment

MediaPost: Real Simple is bringing together home organizers, interior designers and its editors to decorate an apartment in Brooklyn. Called “Real Simple Home,” the experiential space will showcase products and designs from sponsors, as well as market the mag's and...

Apple Calls FBI After Teen Hacks Into Its Computer Systems

The Age: A Melbourne schoolboy who repeatedly broke into Apple’s secure computer systems is facing criminal charges after the tech giant called in the FBI. The teen broke into Apple’s mainframe from his suburban home on multiple occasions over a...

Alphabet Plans to Open First Google Retail Store in Chicago

Chicago Tribune: Google is planning a two-level store in Chicago’s Fulton Market district, its first known location for a retail flagship. The tech giant is close to finalizing a lease for almost 14,000 square feet on the first and second floors of several connected...

Amazon Isn’t in the Running to Buy Landmark Movie Chain

Deadline: A report surfaced Wednesday night that Amazon is in the running to acquire the Landmark arthouse movie chain. We hear from various sources on good authority that Amazon isn’t in the running nor are they even in the final rounds for...

Comcast Among Media Giants Expanding Into Health Care

MarketWatch: First, it was the tech giants. Apple with Apple Health. Alphabet with Google Fit. It was just a matter of time before traditional media companies decided they too wanted a piece of a market estimated by the Centers for Medicare and Medicaid Services to be...

Viacom Finds New Revenue Stream in $590 Logo T-Shirts

MarketWatch: For $590 you can be a walking billboard for Paramount Pictures. Luxury brand Gucci is selling an “oversize T-shirt” with the Paramount logo for $590 on its website, as well as at Nordstrom and other retailers. The shirt is one of several products...

AT&T’s CNN Readies Big-Screen Documentary on Bourdain

Vanity Fair: Anthony Bourdain’s suicide, in June, prompted a reservoir of grief. But though Bourdain is gone, his show is going on. This fall, CNN will air the twelfth and final season of "Parts Unknown." And after that, the celebrated chef will return once more, this...

Disney’s ESPN in Talks to Bring Back Popular Host Berman

New York Post: ESPN is in talks with Chris Berman about an expanded role for this NFL season. There is no deal yet, but there is interest on both sides. The possibility of Berman contributing more to or even hosting some Sunday night “SportsCenter”s has been...

Fox News Taps ‘Hannity’ Producer for Digital Content Editor

Variety: Porter Berry, a longtime Fox News Channel producer who has supervised the network’s flagship program “Hannity” in recent years, was named VP and editor in chief of Fox News’ digital-content platforms. Berry will oversee all Fox News digital...

Sinclair-Tribune Eyed by White House Ahead of Deal Defeat

Reuters: White House counsel Don McGahn called the head of Federal Communications Commission in July to ask about the status of Sinclair's now abandoned $3.9 billion acquisition of Tribune. The call suggested unusual interest by the White House in the status of a...

Vice Secures New Home in Canada in Deal with Bell Media

New York Post: Vice Media has found a new home in Canada. The Brooklyn-based company has inked a”long-term” programming deal with Bell Media, making it the exclusive Canadian broadcast home to Vice’s network, Viceland, as well as its original...

News Corp-, Hearst-Owned Newspapers Snub Globe Effort

Wall Street Journal: "For anyone who believes that the editorial pages of American newspapers have been insufficiently critical of President Trump, the Boston Globe has a solution." San Francisco Chronicle: The Boston Globe's editorial campaign “plays into Trump’s...

Sign up for daily newsletter


Contact

15 + 12 =