User: newstrust Topic: Media
Category: Media Ownership :: Media Revenue
Last updated: Sep 18 2018 10:18 IST RSS 2.0
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The Donald in Wonderland 18.9.2018
One question as we head to the November midterm elections, a referendum on the president, is: Could Donald Trump be a one-man version of either Enron or Lehman Brothers, someone who cooked “the books” until he implodes? asks Nomi Prins. By Nomi…Read more →
Why We Need to See Trump’s Tax Returns 17.9.2018
Could Donald Trump be a one-man version of either Enron or Lehman Brothers?

The post Why We Need to See Trump’s Tax Returns appeared first on Truthout.

Profit, Not Free Speech, Governs Media Companies’ Decisions on Controversy 13.8.2018
Information publicly viewed as hateful can damage a business.

The post Profit, Not Free Speech, Governs Media Companies’ Decisions on Controversy appeared first on Truthout.

Films boost Murdoch's Fox revenue 9.8.2018 BBC: Business
The firm's revenue rises more than 17% to $7.9bn (£6.1bn) in the fourth quarter.
Saudi billionaire takes stake in Snap 8.8.2018 BBC: Business
Prince Alwaleed Bin Talal has invested $250m (£194m) in the social messaging service.
Twitter shares fall, ending a hard week for social media stocks 28.7.2018 Minnesota Public Radio: News
Twitter's stock tumbled 19 percent on Friday, despite the company's growing revenue. It mirrored Facebook's sharp drop earlier in the week, as investors worry that social media growth may be ebbing.
Twin Cities provides a tale of newspaper woe and redemption 29.5.2018 Minnesota Public Radio: Business
The region retains two daily newspapers: One, a media darling owned by a Minnesota billionaire who has invested in the paper; the other, owned by a New York hedge fund that industry-watchers contend is more interested in reaping profit than retaining reporters.
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Spanish-language broadcaster Univision to name Vincent Sadusky as CEO 23.5.2018 LA Times: Commentary

Spanish-language broadcasting company Univision Communications is poised to name industry veteran Vincent Sadusky as its chief executive, two people close to the company who were not authorized to comment said Tuesday.

The changing of the guard comes a month after Univision cut more than 150 workers...

Bratz maker Isaac Larian wants to merge his MGA with Mattel. Barbie isn't interested 19.5.2018 LA Times: Business

California toy mogul Isaac Larian has spent more than a decade battling his company’s bitter rival Mattel Inc.

Now, he wants to run it, and guess what? The struggling Barbie-doll maker is having none of it.

Last month, Larian made an unsolicited offer to merge his MGA Entertainment Inc. with his...

Leslie Moonves helped make CBS a TV juggernaut, but the brawl over a Viacom merger could lead to his exit 18.5.2018 LA Times: Commentary

CBS unveils its new fall prime-time schedule each spring by hewing to tradition: The presentation always occurs in mid-May, it always takes place at Carnegie Hall and CBS Chief Executive Leslie Moonves always relishes his role as the network’s proud papa.

But there was something different this...

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A sale of NASCAR was once unthinkable. Now it may be overdue. 17.5.2018 Washington Post
A sale of NASCAR was once unthinkable. Now it may be overdue.
ESPN delivers a digital pitch to advertisers 16.5.2018 LA Times: Commentary

ESPN put its digital future on display at its upfront presentation for advertisers Tuesday.

The sports media company’s new direct-to-consumer streaming service, called ESPN+, and its “SportsCenter” editions for social media platform Snapchat received ample stage time at the Minskoff Theater in...

Canadian newsprint tariffs start to take a toll on U.S. newspaper industry 10.5.2018 LA Times: Business

Little noticed amid the trade war discussion, tariffs levied by the Trump administration on the Canadian paper used to make newsprint are starting to take a toll on U.S. newspapers and printers.

In the last few months, the Commerce Department has put in place two sets of duties on producers and...

Chicago Jewish Star newspaper folds after 27 years 9.5.2018 Chicago Tribune: Business
For 27 years, the Chicago Jewish Star showed up every other week on street corners and synagogues from Hyde Park to Highland Park, a plucky family-owned newspaper with ambitions to be a strong voice for the city’s diverse Jewish community. Next week, its familiar green news boxes will be ...
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California Inc.: Bankrupt Weinstein Co. is finally reaching end of the line 7.5.2018 LA Times: Commentary

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.

Financial markets get back in gear Monday after Friday’s news that 164,000 net jobs were...

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Canada proposes sweeping law to block foreign interference in elections 5.5.2018 Washington Post
Canada proposes sweeping law to block foreign interference in elections
Shari Redstone attempts to ignite merger talks as CBS, Viacom stock surges 5.5.2018 LA Times: Commentary

CBS Corp. stock surged Friday on strong earnings and speculation that controlling shareholder Shari Redstone had offered a compromise to try to nudge along the stalled merger talks with Viacom Inc.

CBS rose 9% to $53.17 a share on Friday after the company reported record revenue in the first quarter....

Cambridge Analytica: Closure "will not stop investigation" 3.5.2018 BBC: Technology
Cambridge Analytica is warned not to delete its data history ahead of an investigation.
Big profits at Pioneer Press as corporate parent destroys it 1.5.2018 Minnesota Public Radio: News
Ken Doctor, of Nieman Lab, reveals that Alden Global Capital, the hedge fund that owns dozens of newspapers in the country, had a 17-percent operating margin in 2017, well above most newspaper companies. The Pioneer Press cleared $10 million in profit, a 13-percent operating margin after the company slashed the workforce to about 60 people.
NBCUniversal Chief Executive Steve Burke once again outranks his boss in compensation 1.5.2018 LA Times: Commentary

For a second straight year, NBCUniversal Chief Executive Steve Burke raked in a bigger compensation package than his boss — Comcast Chief Executive Brian Roberts.

Burke received $46.5 million in compensation in 2017, nearly $500,000 more than in 2016. Meanwhile, the compensation for Roberts, who...

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