Lisa's Feed
Jul 13, 2012

Despite Turmoil, Murdoch family looks relaxed at Sun Valley

Sun Valley, Idaho (Reuters) – “Good morning, good morning,” was all Rupert Murdoch had to say to reporters on his way into the Friday morning sessions at Allen & Co’s annual media and technology conference in Sun Valley, Idaho.

The News Corp Chairman can be forgiven for his press shyness. After all, this is the second straight year he has attended the event while his $53 billion company is in turmoil.

Jul 12, 2012

Google CEO Page recovering, was in office this week

SUN VALLEY, Idaho, July 12 (Reuters) – Google Inc
CEO Larry Page, absent from the Internet company’s biggest
public events for weeks, is recovering from an unspecified
ailment that caused him to lose his voice and was in the office
on Monday, Executive Chairman Eric Schmidt said.

Page has stayed out of the public eye since last month, when
he was a no-show at an annual shareholders’ meeting after having
“lost his voice,” Schmidt explained at the time. His prolonged
absence has raised questions about the health of the 39-year-old
Google co-founder and the mystery condition affecting his voice.

Jul 12, 2012

Media execs at Sun Valley weigh in on Diller’s Aereo win

SUN VALLEY, Idaho July 12 (Reuters) – Barry Diller, the
consummate Hollywood dealmaker who revamped the TV business in
the 1980s, is back in the media spotlight after a federal judge
threw out an injunction against Aereo, the online TV service he
backs.

Broadcasters including ABC, CBS, NBC and Fox had sought to
stop Aereo from streaming free-to-air programs to phones, tablet
computers and other devices for $12 a month. But on Wednesday
the judge rejected the bid, setting the stage for a trial.

Jul 12, 2012

Moguls at Sun Valley weigh in on Diller’s big Aereo win

SUN VALLEY, Idaho July 12 (Reuters) – Barry Diller, the
consummate Hollywood dealmaker who revamped the TV business in
the eighties, is back in the media spotlight after a New York
judge threw out an injunction against Aereo, the online TV
service he backs.

Broadcasters including ABC, CBS, NBC and Fox had sought to
stop Aereo from streaming free-to-air programs to phones, tablet
computers and other devices for just $12 a month. But the judge
on Tuesday rejected the bid, setting the stage for a trial.

Jul 12, 2012

Liberty’s Malone says he should get premium in Sirius deal

SUN VALLEY, Idaho, July 12 (Reuters) – Liberty Media Corp
Chairman John Malone has a message for Sirius XM Radio
boss Mel Karmazin: “Don’t forget about me.”

The two men have been locked in a battle for control of
Sirius, the satellite radio company that Karmazin runs, but
where Liberty ranks as controlling shareholder, with a 46
percent stake.

Jul 12, 2012

Liberty wants premium, not operating control of Sirius–Malone

SUN VALLEY, Idaho, July 12 (Reuters) – Liberty Media
may not take operating control of Sirius XM Radio
, but will insist on a premium in any spinoff of the
satellite company in which it holds a 46 percent stake, Chairman
John Malone said at the annual Allen & Co media and technology
in Sun Valley.

Malone intends to use Liberty’s stake to pressure for a
control premium in talks with Sirius Chief Executive Officer Mel
Karmazin, he told reporters outside the Idaho conference.

Jul 11, 2012

SpongeBob, Snooki, Jon Stewart go missing from DirecTV

SUN VALLEY, Idaho (Reuters) – The latest and most high-profile dispute between pay-TV distributors and content owners over the cost of programming pits DirecTV (DTV.O: Quote, Profile, Research) and Viacom Inc (VIAB.O: Quote, Profile, Research) against each other.

The two companies failed to reach a new contract before a midnight Tuesday deadline, and as a result Viacom asked DirecTV to black out Nickelodeon, MTV, Comedy Central and 14 other Viacom channels for its roughly 20 million subscribers.

Jul 11, 2012

DirecTV customers lose MTV, Nickelodeon, other channels

July 11 (Reuters) – DirecTV said its customers were
left without Nickelodeon, MTV, Comedy Central and 14 other
channels on Wednesday after Viacom Inc demanded that
its networks be dropped from DirectTV’s lineup in a dispute over
fees.

DirecTV, the largest U.S. satellite TV provider with nearly
20 million subscribers, said its executives had approached
Viacom with a new proposal and a request to continue
broadcasting the channels as talks proceeded, but received no
response.

Jul 8, 2012

New ‘Spider-Man’ comes out swinging in box office win

LOS ANGELES, July 8 (Reuters) – The new “Spider-Man” climbed
to the top of movie box office charts with weekend sales of $65
million in U.S. and Canadian ticket sales, a smashing debut for
the reinvented franchise about a web-slinging superhero.

“The Amazing Spider-Man,” starring Andrew Garfield in the
role played by Tobey Maguire in three earlier installments,
started strong with $7.5 million in midnight sales on Tuesday
and remained so through the U.S. Independence Day holiday and
the weekend. The 3D film has so far snared $140 million during
its domestic run, distributor Sony Pictures said.

Jul 6, 2012

Media, tech deals may make comeback at Sun Valley

By Liana B. Baker and Lisa Richwine

(Reuters) – A fresh sense of dealmaking excitement should permeate Idaho’s mountain air next week when media and technology moguls descend on remote Sun Valley for their annual conference, which in recent years has been as sleepy as the town for which it is named.

The latest moves made by News Corp, Vivendi and Liberty Media signal a shifting landscape of opportunities for snatching up assets as media companies navigate new entertainment platforms, a soft economy, turmoil in Europe, and the upcoming U.S. presidential election.