Jennifer's Feed
Apr 21, 2015

Insight – With a prince’s backing, James Murdoch may soon ascend at Fox

By Jennifer Saba

(Reuters) – Saudi Arabia’s Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James’ father Rupert Murdoch built.

    ”James is a giant!” said Alwaleed, a Murdoch family ally and one of Fox’s top shareholders with a 6.6 percent voting stake, in an interview. In particular, Alwaleed points to what he says is James’ ability to grasp the digital world and understand how it is transforming the media landscape, adding: “I really love him!”

Apr 21, 2015

With a prince’s backing, James Murdoch may soon ascend at Fox

By Jennifer Saba

(Reuters) – Saudi Arabia’s Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox (FOXA.O: Quote, Profile, Research, Stock Buzz), by far the largest part of the media empire that James’ father Rupert Murdoch built.

    ”James is a giant!” said Alwaleed, a Murdoch family ally and one of Fox’s top shareholders with a 6.6 percent voting stake, in an interview. In particular, Alwaleed points to what he says is James’ ability to grasp the digital world and understand how it is transforming the media landscape, adding: “I really love him!”

Apr 17, 2015

Justice Dept. staff may oppose Comcast-Time Warner Cable deal: Bloomberg

By Jennifer Saba and Malathi Nayak

(Reuters) – Staff attorneys at the Justice Department’s antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported on Friday, citing people familiar with the matter.

A spokesman for Time Warner Cable questioned the report, saying the company had been working productively with both the Department of Justice and the Federal Communications Commission.

Apr 9, 2015

Euromoney appoints Thomson Reuters executive Rashbass chairman

By Jennifer Saba

(Reuters) – Euromoney Institutional Investor Plc on Thursday named Andrew Rashbass, chief executive of the Reuters news division of Thomson Reuters Corp, as executive chairman.

Rashbass, 49, will take over from Richard Ensor, 66, who retires at the end of September, said Euromoney, one of Europe’s largest business and financial publishers, with a market capitalization of about 1.5 billion pounds ($2.2 billion).

Mar 30, 2015

Chris Martin, Rihanna back new Jay Z streaming music service

By Jennifer Saba

(Reuters) – Some of the world’s biggest names in music including Beyonce, Cold Play’s Chris Martin and Rihanna are backing Jay Z’s new global streaming music service Tidal, which launched on Monday, and is billing itself as the first of its kind owned by artists.

Co-owners Kanye West, Daft Punk, Alicia Keys, Madonna and other musicians were in New York on Monday to sign a declaration of a “whole new era.”

Mar 23, 2015

Online ad revenue at risk in war on ‘click fraud’

NEW YORK/BOSTON (Reuters) – A growing number of U.S. companies, including MillerCoors and AIG, are stepping up the battle against online ad fraud by demanding proof that their ads have been seen by real people instead of computers hijacked by cybercriminals.

Spurred by a warning in December by the Association of National Advertisers (ANA) that businesses are losing $6.3 billion a year to so-called “click fraud,” these companies now stipulate in advertising contracts that they will only pay for online ads when given proof that humans clicked on them.

Mar 17, 2015

Analysis – Apple TV entices networks with promise of mobile viewers

SAN FRANCISCO/NEW YORK (Reuters) – Apple Inc’s planned video streaming service may not be a tough sell for media companies who could be enticed by the company’s ubiquitous iPhones and iPads, which represent a new stream of growth for an industry losing viewers.

Rising mobile viewership, and faster and more reliable mobile networks are paving the way for online TV subscription services to go mainstream in the near future. Add in a gradual decline in cable users in general and it offers a compelling opportunity for media firms to take notice.

Mar 17, 2015

Apple TV entices networks with promise of mobile viewers

SAN FRANCISCO/NEW YORK (Reuters) – Apple Inc’s planned video streaming service may not be a tough sell for media companies who could be enticed by the company’s ubiquitous iPhones and iPads, which represent a new stream of growth for an industry losing viewers.

Rising mobile viewership, and faster and more reliable mobile networks are paving the way for online TV subscription services to go mainstream in the near future. Add in a gradual decline in cable users in general and it offers a compelling opportunity for media firms to take notice.

Feb 27, 2015

FT to change the way it charges for digital news

By Jennifer Saba

(Reuters) – The Financial Times is changing the way it charges readers for digital access, shaking up the metered model it pioneered almost eight years ago, its chief executive officer said.

The newspaper, which is owned by Britain’s Pearson Plc, is rolling out a one-month trial service for $1, 1 euro or 1 pound that allows total digital access to the FT. After the trial, readers must pay for a full subscription if they want further access.

Feb 24, 2015

Facebook counts 2 million active advertisers, mostly small businesses

By Jennifer Saba

(Reuters) – Facebook Inc said on Tuesday that its active advertisers rose to 2 million, a 33 percent increase from the 1.5 million it had in July 2014.

The vast majority of the advertisers, defined as those that have placed an ad on the social media platform in the last 30 days, represent small- and medium-sized business owners.