Comcast, NBC Universal pledge support for local news

December 3, 2009

Comcast has finally unveiled its formal announcement that it plans to take control of NBC Universal from General Electric. Public interest groups and various U.S. government types have been tutting and clucking over whether this media mega-deal would be against the national interest, and few doubt that Congress and the administration will want to review this plan in loving detail.

from Summit Notebook:

A Barry Diller sampler from the Reuters Global Media Summit

December 2, 2009

Interviewing IAC chief and media mogul Barry Diller nearly always means that you'll get more quotable quotes than you can stuff into one article. He didn't disappoint at this year's Reuters Global Media Summit on Wednesday. Here are thoughts from Diller on a range of subjects from mergers and acquisitions and Comcast to AOL, MGM and marriage.

from Summit Notebook:

Daily Beast staff ‘happy as clams,’ says Barry Diller

December 2, 2009

The journalists and staff who work at The Daily Beast don't look at life like you other sad-sack scribes out there who are watching your job market wash out to sea with the ebb tide. In fact, they are happy in a particularly mollusk-like way.

from Summit Notebook:

Electronic Arts CEO straightens mom out at Thanksgiving

December 1, 2009

Restructuring: You shouldn't be afraid to do it, even more than once if you have to, and even if your own family doesn't understand it. Just ask John Riccitiello, chief executive of videogame publisher Electronic Arts. Here's what he said at the Reuters Global Media Summit on Tuesday:

from Summit Notebook:

ABC: Don’t you know that I’m still in love with news?

November 30, 2009

I asked ABC TV chief Anne Sweeney at our Global Media Summit on Monday whether the nightly news broadcast will go away someday soon. Everyone who follows the broadcast TV business has wondered this at some time or another, particularly as fewer people tune in.

from Summit Notebook:

ABC TV chief to daughter: You *will* watch television

November 30, 2009

When I went to college in 1991, I begged my parents to buy me a small television for my dorm room (They wouldn't let me work during my first year of college, so I had no money). How things have changed in 18 years!

Rupert Murdoch, the smartest man in newspapers?

November 24, 2009

I wrote an analysis on Monday about the possibility that News Corp might take its news search results away from Google and list them on Microsoft’s Bing search engine instead. My conclusion: This one isn’t such a hot idea. Then I read John Gapper’s Financial Times item about how it *could* be a hot idea.

Layoffs hit The Washington Post after BusinessWeek, AP

November 20, 2009

Several media reporters wrote on Twitter on Thursday that this was one of the worst weeks in journalism, and it’s hard to argue with them. BusinessWeek is canning a third of its staff as Bloomberg gets ready to buy the magazine. The Associated Press is laying off 90 people as part of its effort to cut payroll costs by 10 percent this year.

Top Rupert Murdoch adviser learns meaning of ‘deadline’

November 16, 2009

Top Rupert Murdoch adviser Gary Ginsberg is leaving News Corp after 11 years, the company said on Monday.

Talking with Thomson Reuters chief about print

November 5, 2009

Covering Thomson Reuters Corp for almost two years has taught me that people like to cast my company in a recurring role in media deal parlor games. Now that the company’s arch-rival Bloomberg LP will buy BusinessWeek magazine from McGraw-Hill, lots of my pals in the media world are wondering: Will Thomson Reuters buy a mainstream news or business news magazine? Or newspaper? Why not Forbes? Why not the Financial Times?