User: newstrust Topic: Media
Category: Media Ownership :: Media Revenue
Last updated: May 29 2018 15:39 IST RSS 2.0
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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...

What’s on MPR News today? 4/30/18 30.4.2018 Minnesota Public Radio: Law & Justice
Here are the topics and guests you'll hear today by listening to MPR News.
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'A win for the Cosby camp': CBS News correspondent botches initial report on verdict 28.4.2018 Washington Post: Op-Eds
'A win for the Cosby camp': CBS News correspondent botches initial report on verdict
Snap Inc. releases new Spectacles as it plays catch-up in advertising race 27.4.2018 L.A. Times - Technology News

By introducing hardware like camera sunglasses, Snap Inc. is trying to prove it’s different from all other social media companies.

But with its software, the Venice company behind the video messaging app Snapchat is trying to prove it can be just like the competition.

Snap announced Thursday it’s...

A farewell to free journalism 27.4.2018 Washington Post: Op-Eds
Free journalism was a gift -- one that journalists can no longer afford to keep giving to readers.
Pepsi shores up the drink business in North America 26.4.2018 Money Control: Business News
Pepsi shores up the drink business in North America Profit rose 2 percent to USD 1.34 billion, or 94 cents per share. Adjusted profit came to 96 cents per share, beating Wall Street#39;s per-share expectations by 2 cents, according to Zacks Investment Research.
Paramount Pictures is doing better: It turned a teeny profit in Viacom's most recent quarter 25.4.2018 LA Times: Commentary

After racking up hundreds of millions of dollars in losses in recent years, Paramount Pictures is flipping its script: Viacom Inc.’s Melrose Avenue film studio eked out a profit during its fiscal second quarter.

“This is an important step,” Viacom Chief Executive Bob Bakish told Wall Street analysts...

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