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Comcast Execs Make Large Campaign Donations to Biden

Sludge:  A review of Federal Election Commission records shows Joe Biden is the preferred candidate of MSNBC owner Comcast. Biden has received 17 large campaign contributions from execs and VPs at Comcast, including eight for the legal maximum of...

BBC to Slash 450 News Jobs in Revamp for Digital Future

BBC News:  Around 450 jobs will be cut from BBC News under plans to complete its savings targets by 2022. BBC News boss Fran Unsworth said there had to be a move away from traditional broadcasting and towards digital. Staff will be "under even more pressure to...

Facebook Cuts Back on Spending for Video Programming

The Information:  Facebook is refining the programming strategy for its Facebook Watch video service, pulling back on expensive original shows and sports rights. Facebook is spending more on talk shows and licensing clips from TV networks and sports...

Conde Nast Plans Shopping Vertical for US Vogue Website

WWD:  Conde Nast is not giving up on its e-commerce dreams, especially at a time of plunging advertising revenues across the entire media industry. After the failure of its short-lived effort to turn Style.com into a shopping site, the publishing giant is making...

Vox Media to Boost Film Projects with New York Magazine

Variety:  One benefit of the Vox Media-New York magazine union is that "Vox had really focused on building a studio business," said former New York Media CEO Pam Wasserstein. "We are already active in leveraging the production capabilities of Vox Media...

Conde Nast Turns Bon Appétit Editors Into YouTube Stars

Business Insider:  The Bon Appétit YouTube channel has over 5 million subscribers, a merchandise line with branded apparel, and the shows have spawned memes, fan groups, and communities off of viewers' love for the characters. YouTube has allowed the brand to reach a...

Lee Acquires BH Media as Buffett Abandons Newspapers

MarketWatch:  Warren Buffett is throwing in the towel on his newspaper business, in the latest sign of the pressure on print media in a rapidly changing landscape. Buffett’s Berkshire Hathaway is selling the entire portfolio in the BH Media to Lee...

News Corp Vows No Bias with Debut of Knewz Aggregator

The Sun:  News Corp's newly launched Knews "is a new resource for people who want news not tainted by fallacious filters and biased bubbles." The website and app draw on artificial intelligence, combined with curation, to provide a menu of stories from hundreds of...

Drudge Report Founder Hints of Fears for Personal Safety

CJR:  Matt Drudge wasn't too happy with a reporter who had driven out to his house in remote southern Florida and knocked on his door requesting an interview. "That's not fair that you would come onto my property," Drudge told the journalist. "It's a volatile climate...

Media Star Asks Readers to Help Support Industry Service

Media Star needs your support to continue to thrive. This one-person operated service is read daily by media professionals across New York, Hollywood and Silicon Valley. ... Does Media Star help you with your work? Then please help support Media Star. Thank...

Facebook Says Oversight Board Will Be Slow at Decisions

Recode:  More than a year after CEO Mark Zuckerberg initially announced the idea of an oversight board, Facebook has released a series of proposed rules about how it will all work. That includes a process for users to submit appeals and an outline of how the board...

Chernin Inks $450 Million Deal in Sale of Barstool Sports

Recode:  The owner of Barstool Sports has agreed to sell the popular and controversial digital sports publisher to Penn National Gaming, a regional gambling operator. The deal values Barstool, which has its roots as a rowdy Boston sports blog founded in 2003, at an...

BuzzFeed in Hunt to Fill Jobs for President, Head of News

Recode:  Ben Smith, BuzzFeed News’s editor-in-chief, will become the New York Times’s new media columnist in March. Smith’s departure leaves BuzzFeed with two major hires to make: In addition to a successor to Smith, the company is still looking to hire a...

TMZ Chief Claims ‘Kobe’s People’ Gave OK to Crash Story

New York Post:  Harvey Levin, the founder of TMZ, said the outlet had the OK from “Kobe’s people” to break news of the helicopter crash that killed the NBA legend, his 13-year-old daughter and seven other people. Law enforcement authorities had slammed the tabloid...

Penske’s Rolling Stone Magazine Rolls Out B2B Newsletter

Folio:  Since being acquired by PMC Media in 2018, Rolling Stone has undergone a series of changes to transform its business. Its latest initiative  is targeting music industry professionals with a new e-letter called RS Pro. The email will be distributed...



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