ViacomCBS Wants to Sell CBS Headquarters for $1 Billion
Fox Business: CBS is said to be looking to sell its 38-story headquarters in New York for more than $1 billion as a result of the company's merger with Viacom. The black granite skyscraper at 51 West 52nd Street, aptly nicknamed Black Rock, was designed by American...
Apple Plans Expansion with New Offices in New York City
New York Post: Apple will move into the 11th through 14th floors of 11 Penn Plaza and has additional options for the 9th floor. The Manhattan building sits on entire eastern blockfront along Seventh Avenue between West 31st and 32nd streets, cater-corner to Madison...
AT&T Warner Bros Global Head of Communications to Exit
Los Angeles Times: Dee Dee Myers, head of corporate communications at the nearly century-old movie and television studio Warner Bros., has announced she is leaving her role after five years. She leaves her role as executive vice president for worldwide corporate...
ViacomCBS Studio to Delay Cruise Film Over Coronavirus
Reuters: A planned three-week shoot in Italy for Tom Cruise's new "Mission: Impossible" film has been postponed due to the coronavirus outbreak, movie studio Paramount Pictures said. Filming was due to have started on Monday in Venice. The studio did not say when it...
Weinstein Leaves Hollywood Impact Following Conviction
Los Angeles Times: Harvey Weinstein's most lasting legacy will surely be the rise of the #MeToo movement triggered by his downfall. On Monday, a New York jury convicted the film producer of two of five counts. Weinstein was found guilty of one count of rape and one...
AT&T’s WarnerMedia to Realign Content Acquisition Team
World Screen: WarnerMedia Entertainment is integrating the content acquisitions team across the company's entire portfolio of entertainment networks and direct-to-consumer business under Michael Quigley. Also, Jonathan Melber has been elevated to svp of content...
Comcast MSNBC Host Apologizes to Sanders for Analogy
Associated Press: MSNBC's Chris Matthews apologized Monday to Bernie Sanders for comparing the Democratic senator's win in the Nevada caucus to the Nazi takeover of France. Matthews' self-described "bad" analogy deepened the discontent that the candidate has been...
Fox News Alum Smith Plots Future at Other News Outlets
Variety: Shepard Smith hasn't greeted TV-news viewers since leaving Fox News Channel in October last year. He may have a new chance to connect with them as the 2020 election draws near. Smith continues to discuss possibilities with MSNBC and other media outlets,...
Disney’s ABC News Hires BuzzFeeder for Morning Stream
Variety: ABC News has recruited veteran TV producer David Hatcher as executive producer to oversee the morning news programming block for the ABC News Live streaming network. Hatcher most recently spent a year at BuzzFeed, where he was executive producer of morning...
AT&T’s WarnerMedia CEO Says Facebook Needs ‘Integrity’
Yahoo News: Warner Media CEO John Stankey says he's "really concerned about the concentration of economic power" in big tech companies. He urged Facebook CEO Mark Zuckerberg to take some responsibility for information posted on the platform, saying that the site...
Netflix Unveils Daily Ranking of Movie, TV Show Popularity
Bloomberg: Netflix, which has been tight-lipped about the popularity of its shows and movies, is taking another step toward transparency. A new feature on the streaming service will show its top 10 most popular programs and movies, updated daily. Netflix has been...
Disney’s Hulu to Stream Oscar Best-Picture Film ‘Parasite’
Decider: "Parasite" will begin streaming exclusively on Hulu on April 8 as part of the streaming service's overall deal with the independent film production company Neon. Since the deal was signed in 2017, Hulu has had the exclusive streaming rights to several...
ViacomCBS Teams with Time Magazine for Kid of the Year
Variety: Time created a franchise out of its annual "Person of the Year" issue. Now it hopes to do something similar for the younger set. Nickelodeon and Time will launch a “Kid of the Year” honor, a year-long effort that will include a TV special simulcast on both...
Hearst Pushes More Digital Growth at Good Housekeeping
MediaPost: Good Housekeeping has built a solid digital foundation for its 134-year-old brand as an editorial authority in the women's magazines sphere. Across ecommerce, Good Housekeeping has made huge strides, experiencing a 1200% increase in revenue between...
Bonnier Eyes Young Readers with Redo of Popular Science
MediaPost: Popular Science has a new design, with a repositioning of the logo, a revamped layout and new fonts, to insert a younger and edgier feel that gives readers an experience distinct to the print product. Popular Science’s last redesign was in 2017. "We felt...
Costco Magazine Becomes One of America’s Biggest Titles
CNN: Costco relies on a surprising perk to engage its executive members and keep them hooked on their $120-a-year subscription: The Costco Connection monthly magazine. Costco mails out the Connection to executive members every month for free. The Connection has a...
News Corp, Gizmodo Alum Takes Post with McKinsey & Co
Talking Biz News: Longtime business journalist Raju Narisetti has been hired as global publishing director elect at McKinsey & Co. He will full take over the role this summer when Rik Kirkland retires. Kirkland is the former global editor at Fortune. Narisetti is...
Craigslist Founder Backs New Tech News Site The Markup
New York Times: After a turbulent year during which the top editor was fired and rehired, The Markup, a website with ambitions to combine investigative and data-driven journalism to cover technology, will make its formal debut Tuesday. The site will be bolstered by a...
Fox Corp Looks to Buy Ad-Supported Video Streamer Tubi
Wall Street Journal: Fox Corp. has expressed interest in acquiring Tubi, an advertiser-supported streaming service that carries reruns of television shows and movies. The companies are said to be discussing a deal that could be valued at north of $500...
Comcast in Talks to Acquire Walmart’s Video Service Vudu
Fox Business: Comcast's NBCUniversal is in talks to buy on-demand video streaming service Vudu from Walmart. Vudu customers can buy or rent movies and shows. It also has a free ad-supported service. Its apps are installed on more than 100 million devices in the U.S....
AT&T’s WarnerMedia Slates ‘Friends’ Reunion for HBO Max
Associated Press: WarnerMedia's new streaming service will debut with some extra "Friends." The company announced Friday that the entire original "Friends" cast will reunite for an unscripted special that will be available on HBO Max when the service debuts in May. A...
Univision Owner Finalizing Sale Deal with Viacom Ex-CFO
Bloomberg: Former Viacom CFO Wade Davis is finalizing an agreement to buy Univision in a deal that could be announced as soon as Monday. Davis and his backers at Searchlight Capital Partners are expected to contribute about $800 million for a controlling stake in the...
ViacomCBS, Conde Nast Expats Join Bloomberg Campaign
WWD: Michael Bloomberg has dominated the news for the past couple of weeks and managed to climb in polling for the presidential election, but he’s had plenty of media insiders to help. The newest presidential candidate has added dozens of staffers from all corners of...
Report: Women in Media, Entertainment Face Glass Ceiling
Bloomberg: Women hold only about one-fourth of the top jobs at media and entertainment companies despite being promoted more often, according to new research that shows the industry falling short on gender equality. Women in the field are judged by different...
Apple Gets Restraining Order Against Accused CEO Stalker
CNET: One night in early December, a man carrying a bottle of champagne and flowers showed up at Apple CEO Tim Cook's home. He returned a month later, entering the property's gate without permission and ringing the doorbell. Those interactions, along with phone...
Facebook Makes Offers to Pay Users for Voice Recordings
Ars Technica: Facebook is offering to pay its users for personal information including recordings of their own voice, in a rare example of internet companies directly compensating people for collecting their data. The recordings will help to train the speech...
Amazon Combines Global TV, Shopping in ‘Making the Cut’
Los Angeles Times: Heidi Klum hosted "Project Runway" for 16 seasons, but one element was missing. Many of the clothing designs that went down the catwalk could not be immediately purchased by viewers. Now, Klum is launching a new fashion-based reality show with...
Snap’s First Partnerships Chief Exits After Only Two Years
WWD: Snap's first head of talent partnerships, part of a push to make the social and camera tech company to be more of a resource for influencers and celebrities, is leaving for Nike. Lauren Gallo joined Snap in the executive role less than two years ago, leaving her...
EBay Looks to Sell Craigslist-Like Classified-Ads Business
Fox Business: EBay is taking steps toward a potential sale of its classified-ads business, which could be worth roughly $10 billion. Private-equity firms including TPG and Blackstone and strategic bidders including Naspers and Axel Springer have recently expressed...
New York Times Eyes Chief Operating Officer for New CEO
Bloomberg: The New York Times is leaning toward naming Meredith Kopit Levien as its next chief executive officer, tapping an internal candidate to succeed Mark Thompson after an eight-year stint. Levien, currently chief operating officer, is the front-runner to get...