Bloomberg
Along with stockholders, Chairman Sumner Redstone was rewarded for Viacom's good financial performance. The company increased its quarterly dividend by 67%, boosting Redstone's yearly pay to $41 million. "The dividend gains represent a partial restoration of income Redstone and other CBS shareholders received before the 2008 U.S. recession and financial crisis," according to Bloomberg.
Mashable
Ready to read and discuss Margaret Atwood's "The Blind Assassin"? You'll be joining up with fellow readers at 1book140, the new online book discussion group sponsored by The Atlantic that kicks off June 1. Discussions (with help from journalism professor and author of "Crowdsourcing" Jeff Howell) will be held mostly on Twitter (hashtag #1book140), and in the comments sections of theatlantic.com, with cross-promotion from the publication's Facebook and Tumblr pages. (That mostly Twitter thing is gold, we think -- guaranteed to shut down those boring longwinded comments we remember from college days as an English major.)
Yahoo News
A Twitter feed that allowed users to access online New York Times articles free, circumventing the pay gate set up in March, appears to be shut down. The feed's shuttering probably has nothing to do with complaints from the Times legal department, which initially requested that @FreeNYTimes remove the Times trademark "T" from its logo -- which it did. The feed's last tweet is dated May 19.
HitFix
The historic last episode of Oprah Winfrey's syndicated talk show ran yesterday, basically her sermon on "the gospels of the Church of Oprah" interspersed with clips, according to critic Alan Sepinwall."To an Oprah non-believer, I imagine much of this last hour played like the self-important ramblings of a complete egomaniac," he continues. "To a member of the faithful, it may have been a blessing. To an agnostic like me, there were moments of power and moments of absolute self-aggrandizement." Sepinwall also analyzes the phenomenon of her superstardom, noting that "there will never be another Oprah because the marketplace is too …
Nieman Journalism Lab
Interesting analytical piece on how sportswriting is expanding the future of journalism with experiments on the Web like Quickish, an aggregator of daily sports news and commentary, along with stylistic changes in the writing itself, from "pedantic" and "fetishistic" to "readerly."
Paid Content
Bloomberg.com completes its revamp today with a rollout of the opinion section Bloomberg View. Paid Content's David Kaplan details how this move fits into Bloomberg's strategy "to bring all the various moving parts of Bloomberg's news operations together and do more than just compete against its financial news rivals -- it wants prestige." Another goal is to "reach a wider audience with a greater array of general news offerings" -- a tactic Bloomberg's rivals have also been using, writes Kaplan.
Folio
Lisa Gersh will become president and chief operating officer of Martha Stewart Living Omnimedia June 6, leading day-to-day business operations. She is set to become CEO within 12 to 20 months of her hire, finally replacing Wenda Harris Millard, who stepped down in 2009. Gersh was most recently president, strategic initiatives, at NBC Universal, which had acquired the company she co-founded -- Oxygen Media -- in 2007.
Broadcasting & Cable
The broadcast TV system is "a needless expense, propped up not by customer demand, technical efficiency, or business necessity, but legacy regulation generations outdated." Fighting words indeed, as written by former FCC Chief Economist Tom Hazlett,in an essay circulated by American TV Alliance, a group of broadcast-unfriendly cable operators, satellite operators, and the like. This essay was authored partly in response to the FCC's call for comments on "its proposals to clarify the good faith bargaining it is empowered to enforce in retrans negotiations," according to Broadcasting & Cable.
L.A. Times
Here's two pieces that are somewhat critical of Comcast in its new role as parent of NBCU, both in the
L.A. Times. First, Joe Flint takes the company to task for its
hiring of FCC Commissioner Meredith Attwell Baker as a lobbyist, just four months after she approved the Comcast-NBCU deal.Flint also discusses "The abrupt departure of Dick Ebersol as chairman of NBC Sports Group last Thursday," which "sent a not-so-subtle message to other top NBCUniversal executives: Get with the program or hit the road."
New York magazine/Vulture
From "Tough Lady Teboots" to "Male-Insecurity Sitcoms" to "'Mad Men' Knockoffs" -- pick a trend from the handy-dandy Vulture slide show that aims to tell you "How To Pick Which New TV Show to Watch Next Fall." Also could be useful if you're trying to decide which show to support with your advertising dollars?