Category: “The Business”

RACE & THE VIRUS 

ABC News is dedicating three days of special coverage to the coronavirus as it has reflected, exposed or exacerbated racial and socioeconomic divides. Starting Wednesday, Pandemic — A Nation Divided, will appear across the network’s platforms. ...

CBSN LAUNCHES IN BIG D

CBS Television Stations and CBS Interactive have launched CBSN Dallas-Fort Worth, the 10th of ViacomCBS’ 13 local direct-to-consumer streaming news services.    CBSN Dallas-Fort Worth features anchored programming and coverage of breaking news in ...

HUGE SLICE FROM VICE 

Vice Media is laying off 55 U.S. staffers and about 100 more internationally as it faces uncertainty due to COVID-19 according to Deadline.com.  In an internal memo from CEO Nancy Dubuc, it stated that the moves ...

COURT TV IS GETTING SIRIUS

E.W Scripps’ Court TV said it is launching a SiriusXM channel on May 15. “Court TV is committed to providing outstanding legal coverage and journalism across a variety of platforms and we’re thrilled that Court ...

SINCLAIR STRIKES OUT 

Moody’s Investors Service has downgraded the credit outlook of Diamond Sports Group, the consortium led by Sinclair Broadcast Group that owns the 23 regional sports networks, formerly run by Fox. So what the hell does that mean?   It means that the ...

GET ME DON DRAPER!

According to a new study, advertisers say they expect to spend 33% less on upfront television buys in 2020 compared to last year. Advertiser Perceptions has been conducting surveys of advertisers and media buyers every two ...

IS IT TIME TO STICK A FORK IN MEREDITH?

“An extremely challenging business environment.”  That’s the reason Meredith Corp. gave the U.S. Securities and Exchange Commission in delaying its quarterly earnings report, which was due Monday. According to The Des Moines Register, the Iowa-based media ...

GOOD LUCK CHUCK

CBS News CFO Charlie Pavlounis is on his way out – According to Variety. CBS News President Susan Zirinsky told staffers in a memo Tuesday. “I have no doubt Charlie will continue to explore his passion for combining ...

LAYOFFS LOOM IN WINDY CITY 

When the ad bucks stop here, that means means pink slips come next.  According to RobertFeder.com, employees at NBC-owned WMAQ and Telemundo Chicago WSNS are bracing for imminent layoffs.  David Doebler, president and general manager of the stations, announced a ...

GRAY SKIES FORECAST FOR GRAY

Pat LaPlatney, Co-CEO of Gray Television, says the company is doing what it can to take care of its employees and advertisers as it pushes through an invariably tough second quarter and most likely beyond.  In ...

GRAY FILLS MULTIPLE SEATS 

Gray Television has announced that Jama Killingsworth, Kerri Blanco, Tim Walker, and Jacque Harms will lead Gray’s stations in the Huntsville, Colorado Springs, Hattiesburg, and Meridian markets respectively. That brings the number of new GM positions filed by Gray, ...

CORD CUTTING ABOUNDS

The verdict is in regarding the first quarter and it’s not good news for cable providers.  It seems there’s been more snipping than at rabbi briss training.  “Traditional” pay TV subscriptions fell by a record-setting 1.8 ...

GRIM Q1 FOR SCRIPPS

The E.W. Scripps Company reported operating results for the first quarter of 2019 and the news was enough to make shareholders say “EW.”  Net loss: $11.8 million, or 15 cents a share.  That’s on ...

ROSE’S KITCHEN IN FULL BLOOM

According to Robert Feder, Jim Rose, the longtime sports anchor at ABC-owned WLS-Channel 7, scored a 9 out of 10 Thursday on Room Rater, a Twitter account that rates the backdrops of at-home live shots. “Light and bright. Tulips ...

THIS DISH LOOKS BROKEN

Dish Network Corp. has reported earnings dropping faster than a dish at a Greek wedding. Net earnings plummeted to $73 million, from $340 million a year ago.  The company said its earnings were impacted ...

NEXSTAR: COVID SCHMOVID

Nexstar isn’t letting a little thing like a global pandemic halt its plans to compete with the big kids.  With election 2020 very much on the horizon, the media company is proceeding with a ...

WILL NOAH LEAVE THE NBC ARK?

Andy Lack is out, leaving news executive Noah Oppenheim in limbo according to The Daily Beast. The power shift, which brings CNBC under the news division umbrella (previously outside Lack’s purview) and reporting to CEO ...

FADE TO BLACK ON LACK

Andrew Lack, chairman of NBC News and MSNBC, is exiting as part of an internal shuffling at NBCUniversal.  Cesar Conde, who heads up Telemundo and NBC’s businesses outside North America, will take over as ...

FIRED FOR A RETWEET 

We’ve all seen the “RTs are not an endorsement” type sentiments in journalists’ Twitter bios.  But the disclaimer wasn’t enough to prevent Minnesota Meteorologist Sven Sundgaard from being fired – according to AlphaNewsMN.com  The reporter for KARE11 had reposted a ...

“LACK” OF LOYALTY 

The Wall Street Journal is reporting that NBCUniversal is looking to axe a significant portion of staff across its media and entertainment divisions, citing people familiar with the matter. NBCUniversal is taking a huge financial hit from the coronavirus outbreak. The ...

LISTEN TO THIS SHELL & YOU’LL HEAR BS 

NBCUniversal CEO Jeff Shell apparently sees “very, very encouraging” early signs from Peacock, but also sees “significant adjustments” being made to the expense side of the Comcast division in light of COVID-19. According to Deadline.com, Shell delivered these comments during his first appearance ...

NIELSEN’S RATINGS TANK

Nielsen is used to reporting the bad the news for others, but in this case the company reports a first-quarter loss and says it’s because of the COVID-19 pandemic. It also expects revenue to be ...

VIACOMCBS CEO: SORRY, NOT SORRY

As Viacom and CBS continue their relationship, they’re cutting off more and more friends who are now wondering WTF.  More staffers were laid off Wednesday at various divisions at divisions, not limited MTV News.  Great! ...

SCRIPPS IS ON THE REBOUND

E.W. Scripps believes it has the answer for viewers to navigate the new age of coronavirus as a means to recover from self-quarantining by grabbing “The Rebound.” No, it’s not snagging someone who is ...

COX GETS A FACE LIFT

Cox Media Group has unveiled a new corporate logo following its acquisition by Apollo Global Management last year. According to RadioInsight, The company states the new logo was developed via a competition amongst employees ...

CNN’S CORONAVIRUS BOOST

According to the Hollywood Reporter, CNN president Jeff Zucker is said to be on a “wartime” footing as the cable channel has scrapped most political panels in favor of covering “the story of our ...

UNIVISION’S MAJOR CUTS

Layoffs are underway at Univision, according to MediaMoves.com, as well as cuts in weekend news programming, part of a company restructuring CEO Vince Sadusky announced in a dire staff memo. In it, Sadusky states ...

GOODBYE DIAMOND & SILK

Diamond is no longer Fox New’s best friend.  Neither is Silk for that matter. Fox News has cut ties with the Trump supporting, MAGA-nation dynamic duo Diamond & Silk. The split comes after the ...

QUARANTINING BEFORE IT WAS COOL 

Move over JD Salinger.   According to RobertFeder.com, there’s no telling when loyal Chicagoans will see WMAQ-Channel 5’s Dick Johnson again.    As all sense of time fades into oblivion, let’s not forget that it wasn’t until mid March ...

MATTHEWS ON QUICK EXIT – MY BAD

MSNBC‘s Chris Matthews admits that his remarks about women and others justified his quick exit after an otherwise distinguished career. Speaking to Vanity Fair in his first interview since exiting stage left, the former Hardball ...

LOOK WHAT THE WIND BLEW IN

As reported by RobertFeder.com, for the first time since it stopped production on March 13, “Windy City Live”is returning with new content — just as the May rating sweep gets underway. Starting Tuesday, Val ...

NEW FRONT IN TEGNA WAR

Independent proxy advisory firm Egan-Jones Proxy Services today recommended that Tegna shareholders vote “for all” 12 of Tegna’s director nominees at Tegna’s 2020 annual meeting of shareholders, and to reject all of Standard General’s ...

FOX NEWS: EXECS VS TALENT

Shocker of the year – Fox News personalities have been cheerleading stay-at-home protesters across the U.S. who are gathering in defiance of state orders. Civil war is not only brimming on the streets but ...

NEWSMAX DELIVERS CAIN 

NewsMax.com has announced – Herman Cain, has joined NewsMaxTV as an analyst and contributor. The former presidential candidate, resurrector of Godfather Pizza and infamous creator of “9-9-9” will  discuss the political scene in Washington and around the ...

CBSN’s NEWEST LOCALE

CBS-owned WBBM-Channel 2 in Chicago has launched a 24/7 streaming news service featuring content recycled from the station’s local newscasts. According to RobertFeder.com, it is branded as CBSN Chicago, it’s the ninth market since December ...

MEREDITH CUTS PAY

Meredith has announced pay reductions for a period starting May 4 and continuing through September 4. Meredith’s broadcast television stations reach 11% of U.S. households, but the conglomerate also owns magazines, websites, and radio stations. ...

RAPPER’S NOD TO SPORTS ANCHOR

Rapper Paul Wall sent a shout to KPRC sports anchor Ari Alexander for his live, and seemingly impromptu, performance of the Houston based rapper’s classic tune, “Still Tippin.” See the shoutout here https://www.facebook.com/watch/PaulWall/…and the ...

FCC COMISH: FAR LEFT COUP

FCC Commissioner Brendan Carr told KDKA Pittsburgh conservative radio show host Wendy Bell that far left groups (he did not mention any name but made it clear he was talking about ‘Free Press’) are engaged ...

TRUMP RADIO DEAD BEFORE LAUNCH

Clearly concerned that he was not getting his message across clearly and abundantly enough during his multi-hour coronavirus briefing diatribes, President Trump toyed with the idea of a radio show focused on the coronavirus ...

ERIE SPORTS ANCHOR DEAD AT 63

Longtime Erie News Now sportscaster Gary Drapcho passed away Wednesday morning.  Gary had suffered from cardiac problems over the past few years and had a reoccurrence recently. His career spanned four decades involved covering ...

CUOMO RE-UPS WITH CNN

It’s been an interesting few weeks for the Cuomo family.   As older brother and New York Governor Andrew Cuomo leads the battle in the global epicenter of the coronavirus pandemic, younger brother Chris ...

A RETURN TO WGN

Meteorologist Tom Skilling returns today. Six weeks after undergoing gastric bypass surgery, Skilling will complete his WGN-Channel 9 comeback, although like so many of his colleagues who remained on-the-air during his hiatus, his return will ...

STATE OF JOBS AT WPP

As of this morning, employees at WPP have been safe in the job-status market in the age of coronavirus.   But CEO Mark Read told Bloomberg TV  that he could not “rule out tougher ...

MAGICAL NUMBER FOR DISNEY+

Streaming service Disney+ has topped 50 million subscribers worldwide according to The Walt Disney Company. The channel was launched five months ago and may be benefitting from the amount of people staying indoors due ...

GRAY’S GOOD NEWS

Gray Television, like so many others “in the biz” and beyond has been keeping a vigilant eye on the coronavirus and its impact on health and the economy.  While TEGNA recently announced company-wide furloughs, a reassuring ...