DISNEY CEO BOB IGER DEFENDS HIS ROLE ON TRUMP PANEL
The Walt Disney Company’s annual shareholder meeting on Wednesday
brought the company’s chief executive, Robert A. Iger, face to face
with a smattering of people who demanded that he resign from President
Trump’s business policy forum.
POSSIBLE SALE OF TIME INC MOVES INTO FINAL STAGES
In a signal that Time Inc.’s sales process is entering the final stages, the publisher’s board on Tuesday decided to go forward with discussions with potential buyers and has called for final bids within two weeks, according to people familiar with the situation.
RUNNING A CONTENT STUDIO IS NO WALK IN THE PARK
The way many publisher studios are set up is part of the problem. It
takes expensive staff and equipment to create branded content that looks
and feels like real journalism and manage the campaigns through the
multiple steps of approvals required. And agencies are raising the bar,
demanding premium multimedia content that can run across the publisher’s
site as well as social media, which adds to production costs. Shooting a
video in your test kitchen is one thing, but shooting on location will
eat up profits quickly.
NEW FCC CHAIR SAYS INTERNET PRIVACY RULES UNFAIRLY HELPS FACEBOOK AND GOOGLE TO DOMINATE DIGITAL ADVERTISING
The American Civil Liberties Union criticized Flake's proposal to undo
the rules. "With this move, Congress is essentially allowing companies
like Comcast, AT&T, and Verizon to sell consumers’ private
information to the highest bidder," ACLU general counsel Neema Singh
Guliani said.
GOTHAMIST ACQUIRED BY DNAINFO
This will certainly change things. First, Gothamist will become the
official blog for DNAinfo New York, while Chicagoist will be the
official blog for DNAinfo Chicago. As DNAinfo currently doesn’t have
sites in LA, SF or DC, maybe this is the start of them. Also, it means,
at least as Brendan O’Connor of Jezebel is reporting, that the former
owners of Gothamist have made sure not to upset the new owner - they
have deleted their negative coverage of Joe Ricketts.
RODALE MAKES CHANGES IN EDITORIAL AND BUSINESS OPERATIONS
Said CEO Mario Rodale about the restructuring: “Our
primary goal is to ensure that we are aligned for growth, collaboration
and efficiency. With this new organization in place, we have unified
processes and streamlined team structure to unlock fresh opportunities
for innovation and long-term growth.”
NETFLIX IS OPENING MUMBAI OFFICES
Can’t get enough of Netflix? Neither can people in India, where Netflix
is growing fast after launching early last year. To reciprocate, Netflix
will set up an office in Mumbai and invest more in creating TV shows
and movies specifically for India, said CEO Reed Hastings.
MEANWHILE HULU IS LOOKING TO OPEN NEW OFFICES IN ALBUQUERQUE AND SAN ANTONIO
The video-streaming service Hulu could announce plans this month that it
could expand operations this year to San Antonio, Texas or Albuquerque,
New Mexico. The expansion, if it happens, could translate to 300 new
jobs this year and up to 500 in the ensuing years.
NBC NEWS CHAIRMAN NOT SHY ABOUT MISTAKES, WILL SHAKE UP HOW HIS DIVISION USES POLLING IN FUTURE ELECTION COVERAGE
NBC News chairman Andy Lack says that the news network is reevaluating
how it covered the 2016 election, and plans to make significant changes
to how it covers future elections. In particular, Lack cited problems
with polling in many states and said that the lack of reporters in the
field in states like Michigan and Ohio may have contributed to some of
its mistakes.
CONDE NAST BUDDIES UP WITH NBC UNIVERSAL AND VOX IN AD PARTNERSHIP
Conde Nast is joining NBC Universal and Vox Media to sell ads across
their combined digital properties. It's the latest move by publishers
and TV conglomerates to better compete with digital advertising from the
likes of Google and Facebook. The addition of Conde Nast builds on what
NBCU and Vox have already been doing over the past year, when they
teamed up to create Concert, an advertising marketplace for high-quality
content and its audiences.
CNN LAUNCHES VIRTUAL REALITY UNIT
CNN Digital has announced the launch of CNNVR, a new, dedicated
“immersive journalism unit” and virtual reality platform that will cover
major news events in the 360-degree format. Coverage in that format
included this view into the running of the bulls in Pamplona, Spain.
FOX SETTLES ANOTHER SEXUAL ASSAULT CLAIM, THIS TIME FOR $2.5 MILLION
21st Century Fox reached a settlement worth more than $2.5 million with a
former Fox News contributor who reported that she was sexually
assaulted by an exec at company headquarters two years ago. The
contributor, Tamara Holder, has said that the network exec tried to
force her to perform oral sex on him.
PINTEREST ACQUIRES JELLY, A START UP FOUNDED BY TWITTER CO-FOUNDER BIZ STONE
Pinterest has acquired Jelly Industries, the question-and-answer app led
by Twitter co-founder Biz Stone. Jelly’s product lets people ask
questions and then uses an algorithm to pair them with experts to give
answers. Pinterest said the startup’s skills will help expand its online
search tools.
-Good MEDIA Morning To You!
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Thursday, March 09, 2017
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