Showing posts with label Media. Show all posts
Showing posts with label Media. Show all posts

Sunday, February 28, 2016

Satellites Align: Dish and DirecTV Could Be the Next Big Media Merger




Directv-dish-merger

Image: Flickr, Ben Ramirez

Dish Network Corp. Chairman Charlie Ergen recently contacted DirecTV Chief Executive Officer Mike White to discuss a merger of the two satellite television companies, according to several people with knowledge of the matter. Shares of both companies rose.


Ergen made the approach in response to Comcast Corp.’s $45 billion acquisition of Time Warner Cable Inc. in mid-February, one of the people said, asking not to be identified discussing confidential information. White is reluctant to push forward with formal talks out of concern regulators may block the deal because the two companies directly compete with each other, another person said.




Even if regulators allow Comcast’s acquisition of Time Warner Cable, DirecTV management doesn’t see the cable deal as a proxy for an approval of deal with Dish, said another person familiar with the matter. DirecTV and Dish’s 2002 attempt to merge was blocked by regulators.


DirecTV is the largest U.S. satellite-television operator with about 20 million paying subscribers. Dish is No. 2 with about 14 million subscribers. A deal may be more likely to pass after President Barack Obama’s administration departs, said the person. The key to a deal being approved is how regulators view the market, another person said. If video competition is extended to online services, such as Netflix Inc., a deal could pass, the person said.


‘Business case’


“There is obviously a business case that makes a lot of sense for consolidation in the satellite industry,” Ergen said in November, before the Comcast-Time Warner Cable deal was announced. “You’re going to see consolidation, maybe first in the cable industry,” he said.


“You’re seeing in the government’s part that they do negotiate things within the airline side, so it makes a lot of sense,” Ergen said, referring to the U.S. government’s willingness to negotiate on antitrust issues in the airline industry. While federal regulators initially sued to block American Airlines parent AMR Corp.’s $17.2 billion merger with US Airways Group Inc., in November the companies reached a settlement with the Justice Department that put the merger back on track. “Whether that ever comes to fruition is another story, but I mean I think both Dish and DirectTV realize that that can make a lot of sense.”


White’s concerns


Although White is hesitant to pursue a deal, he hasn’t ruled it out entirely, one person said. The talks are being conducted at a senior level with no official process yet under way, several people said.
White has been openly more wary about a possible combination.


“In about a third of the country, you’d go from three to two” satellite providers, White said in December. “And while I certainly believe our industry has changed substantially and I believe there are a lot of reasons why consolidation in our industry would be pro-consumer to try and improve the balance between programmers and distributors, you still have to go sell that in Washington.”


Shares of DirecTV rose almost 7% to $78.13, giving the company a market value of about $40 billion as of 1:37 p.m. in New York. Dish also gained almost 7%, to $62.23, giving it a market value of about $29 billion.


Darris Gringeri, a spokesman for DirecTV, declined to comment, as did Bob Toevs, a spokesman for Dish.



This article originally published at Bloomberg
here


Read more: http://mashable.com/2014/03/26/possible-dish-directv-merger/




Satellites Align: Dish and DirecTV Could Be the Next Big Media Merger

business, directv, dish network, Media, merger, regulator, Satellite TV, U.S.

Tuesday, February 9, 2016

Former NBC Universal CEO Named President of CNN




Jeff-zucker-640x359

CNN has named Jeff Zucker, the former head of NBC Universal, as its new president.


Starting in January, Zucker will take charge of CNN‘s nearly two dozen branded news and information properties — including CNN International and CNN.com, the company announced Thursday.


Zucker worked at NBC for 25 years, starting out as a researcher for NBC Sports coverage and working his way up to be the president and CEO of the company. Along the way, he executive produced some of NBC’s most popular programs, including Today and NBC Nightly News With Tom Brokaw. For the past year, Zucker has served as the executive producer for Katie Couric’s new talk show on NBC.


“Jeff’s experience as a news executive is unmatched for its breadth and success,” said Phil Kent, chairman and CEO of CNN’s parent company, Turner Broadcasting System, in a statement. “He built and sustained the number-one brand in morning news, and under his watch NBC’s signature news programming set a standard for quality and professionalism.  As a programmer, a brand-builder and a leader, he will bring energy and new thinking to CNN.  I couldn’t be happier to welcome him or more excited about what he’ll accomplish here.”


Zucker, for his part, said he was excited to return to a “daily newsgathering” environment like CNN, after having worked with NBC’s entertainment division.


“Outside of my family and the Miami Dolphins, there is nothing I am as passionate about as journalism,” Zucker said in a statement accepting the position. “I spent the most rewarding years of my career as a journalist, and it’s where I look forward to spending many more.  I am grateful to Phil Kent for this opportunity, and I’m excited to return to daily newsgathering and compelling storytelling in a place that values those above all else.”


Zucker replaces Jim Walton, who announced in July that he would step down from being president of CNN at the end of this year. Walton had been president of CNN since 2003 and helped the company to grow its revenue in the intervening years. Zucker had been considered a likely candidate to fill the position from the start, and rumors circulated earlier this week that Zucker had been tapped for the role.


While CNN has posted record profits, its ratings have been on the decline in the U.S., hitting a 20-year monthly low earlier this year. During a conference call, Zucker noted that boosting ratings is not his sole objective, but beating out Fox News and MSNBC in daily prime time ratings is certainly a goal.


Photo by Jason Kempin/Getty Images Entertainment/Getty Images.


Read more: http://mashable.com/2012/11/29/cnn-jeff-zucker-president/




Former NBC Universal CEO Named President of CNN

business, CNN, Media

Thursday, January 28, 2016

Veteran Game Journalists Unite to Launch Vox"s "Polygon"




Veteran-game-journalists-unite-to-launch-vox-s-polygon--43499fba2d


What happens when you bring game journalism talent from big sites like Joystiq, Kotaku and The Escapist together to launch something completely new?


You get Polygon, a gaming website from Vox Media, the brains behind The Verge and SBNation. Polygon launched Thursday morning, after spending months with its content housed in the gaming section of The Verge, a training wheels period for their editorial team.


The game journalism field is a crowded one, so Vox and Polygon‘s editorial team, headed by former Joystiq editor-in-chief Christopher Grant and managing editor Justin McElroy, have to differentiate their new site. McElroy says they’ll do this by making the coverage more about who is making and playing games, not just the games themselves.


“We want to focus on the human side of development, and focus things on people. I want people to feel the respect that we feel for them,” says McElroy. “I think most video game websites have gone for that very narrow sliver of people for whom gaming is their main hobby. I think that’s awesome, but there are other people who like video games, but have other interests, so those websites don’t serve them. I think they want to see how gaming can dovetail with their other interests.”


McElroy says Polygon isn’t out to “unseat” other websites, but to provide things they aren’t providing. While he, his brother Griffin McElroy, and Grant all departed Joystiq at once to create this new site, they said it was not because things were rocky at Joystiq, but because the opportunity to build something new was too good to pass up.


“It was not a question of us wanting to leave, it was more of a once-in-a-lifetime opportunity that we couldn’t pass up. The chance to do something like this is something you wait for and you hope for. We won’t get another opporutnity to start from the ground up,” he says.


Magazine-Style Features


The Polygon team has been working since January on their new site, and strategizing how it will be different. The editorial team says they’ll have several long features a week, between 2,000 to 6,000 words.


“There are not a lot of outlets doing magazine-style journalism about games,” says Grant. “We want our features to feel like a cover story of a magazine, and draw people in in the same way.”


Grant also says these features are something he thinks readers will consume on their tablets, a format more conducive for long-form pieces.


Having longer features that take writers several days isn’t a product seen as frequently in web journalism, where metrics like page views and daily traffic carry more weight. Grant says Polygon is taking a different approach to luring advertisers, instead pitching them on the fact the publication will deliver consistently high-calibre content.


“For an advertiser, the appeal is being associated with something that is very high quality is important. It’s not normally viable for a web outlet to do. We want to get them to come back to Polygon because of the brand identity,” Grant says.


Dynamic Game Reviews


Polygon‘s editorial team also plans to disrupt the game review, a institution Grant says needs to adapt as games change.


“When you reviewed old games, that game was never going to change over time. We still review games like we do movies, like a static piece of content,” Grant says. “Most reviews are just reflections of a game on release day.”


That could include updating the score based on content updates, downloadable content, or even how the multiplayer environment affects a player’s experience in the game.


“This is more about reviewing games as a service than as a product. We don’t want our reviews to be indistinguishable from a review of a vacuum cleaner,” says McElroy.


McElroy says Polygon will also experiment with what a score actually means, a tricky subject for everyone involved. Critics’ numeric scores can greatly impact game sales, but McElroy points out that “bad games don’t make it to market anymore, so most games score between a 7 and a 10.”


According to Grant, almost everything at Polygon will have an evolution, and what we’re seeing at Thursday’s launch is only the “minimum viable product.”


“As you get older, you want to be really proud of what you do, and you want to point to the stuff that you make. It’s not that I’m not proud with the work I did at Joystiq. This is an opportunity to do something that is bigger and more ambitious,” Grant says. “I’ve grown up with games journalism, and I am excited to see it evolve.”


Thumbnail image courtesy Jeffy Can, Flickr.


Get Your Tickets to Mashable Media Summit



The Mashable Media Summit 2012 will explore the impact that technology is having on media, and how digital media is affecting our lives and changing the world. This one-day conference will bring together the brightest minds in media, including content creators, technology leaders, entrepreneurs, social media executives and journalists.


Date: Friday, Nov. 2, 2012


Time: 10:00 a.m. – 5:00 p.m.


Location: The TimesCenter, 242 West 41st Street, New York, NY 10036


Tickets: Purchase tickets on Eventbrite.


A Look Back at Last Year’s Mashable Media Summit