Friday, January 19, 2007
  • CBS Braces For Writers' Strike

    PASADENA, CALIF.--CBS is bracing for a possible writers' strike later this year. Nancy Tellem, president of CBS Paramount Network Television Entertainment Group, said if the Writers Guild of America stages a fall walkout, her network is prepared. Speaking Thursday at the Television Critics Association meeting, she said the net is confident it will fill out the schedule--but hopes all parties will reach agreement. ...Read the whole story

  • Paper Tigers: Chandlers Bid For Tribune

    Tribune gave a going-away party--and almost no one came. After a distinctly lukewarm auction marked by the absence of other major media companies, the Chandler family offered to buy the Tribune Company for $7.55 billion yesterday. The price is lower than the Tribune Company wanted, and it's unclear whether its board of directors will bite. ...Read the whole story

  • Simultaneous Research Study Reveals Consumers Buzz Most Over Word-Of-Mouth, Not Ads

    American consumers continue to be pulled in more media directions as the number of options - including new, consumer-generated ones - continues to proliferate. That's the conclusion of the ninth edition of the Simultaneous Media Usage Study, released Thursday by syndicated research firm BIGresearch. The study, based on a poll of 15,000 consumers, finds that more than two-thirds use other media while watching TV (67.9%), reading newspapers (68.9%) and browsing online (70.7%). The radio still has the least amount of simultaneous media usage (56.4% of respondents), possibly because a significant amount of radio listening occurs in cars during drive time ... ...Read the whole story

  • The Sliceman Cometh: Time Inc. Cuts 289

    Time Inc. outdid the most pessimistic industry predictions in its most recent round of layoffs, handing out pink slips to 289 staff members around the country on Thursday. Layoffs hit both the editorial and business sides of the company--but fell hardest on editorial, which lost 170 staffers, including many from the big-name titles that anchor the company's fame. At the same time, Time Inc. did beef up its digital hires, and wants to broaden its digital capacities. ...Read the whole story

  • Oak Hill Forms Unit To Operate TV Stations, Wants To Expand Media Universe

    Oak Hill Capital, which bought the New York Times Co. 's local TV stations, has named two former radio execs to head Local TV, LLC: Randy Michaels is CEO and Robert Lawrence is president-COO. The new unit they head wants to build a broader media platform. ...Read the whole story

  • Ramp Up: Fuse, Online Gambling Site Stage Battle Of Bands

    Rainbow Media's Fuse network is close to a deal with the parent of online gambling site to air a band competition this April. Called "Bodog Battle of the Bands," the "American Idol"-style series, produced in part by Bodog, will feature 17 bands vying for a recording contract. Targeting the 18-34 demo, the show allows the online company to expand into TV production. ...Read the whole story

  • MyNetwork A Bust, But News Corp. Stock Surges

    Despite a $30 million loss for MyNetworkTV in its troubled debut season, Merrill Lynch analyst Jessica Reif Cohen predicts News Corp.'s stock-price surge will continue. MNTV and Fox ratings-- "Idol" aside--remain a big priority for COO Peter Chernin, who is altering the MNTV telenovela format. ...Read the whole story

  • 'Idol' Redux: Wednesday Show Another Blowout

    "American Idol" is crushing the competition. It did to Wednesday what it started up on Tuesday night--performing a two-day blowout of network prime-time schedules, recording another day of record viewership. ...Read the whole story

  • Mag Bag: Reader's Digest Turns To Grad Students