After the coffee. Before bidding for AEG.
The Skinny: I'm a little tired this morning as it took awhile to get my car from the valets at CBS' party last night, because CBS Entertainment President Nina Tassler was holding up the line. Because Tassler's network is No. 1 in viewers, we'll let it slide. Wednesday's headlines include the surprising news that AEG is up for sale. Also, former CBS executive Nancy Tellem has taken a top job with Microsoft. Oh, and Honey Boo Boo wants a raise.
Daily Dose: Want to relive all the drama of the 2007 writers' strike? Now you can with "TV on Strike," Variety Deputy Editor Cynthia Littleton's new book on the strike that examines not only what led to the breakdown in negotiations but also Hollywood's struggles to transition to the digital age. This is Littleton's second book. She also co-authored "Season Finale: The Unexpected Rise and Fall of the WB and UPN."
On the block. AEG, the Los Angeles-based entertainment and sports giant, is on the block. Owned by reclusive billionaire Philip Anschutz, AEG's holdings include the LA Live complex, which houses Staples Center and the Nokia Theatre, pro hockey's Kings, pro soccer's Galaxy and the Barclay Center in New York. It also has a massive concert promotion business. The closely held AEG is said to be worth several billion dollars. Billionaire Patrick Soon-Shiong has already expressed interest in the company. No doubt lots of private equity firms and big entertainment companies also will kick the tires. Coverage from the Los Angeles Times and Wall Street Journal.
Another player. Former top CBS executive Nancy Tellem is joining Microsoft to build a production company that will make content the software giant will put on its Xbox platform, which it hopes will one day rival the pay-TV industry as the gatekeeper to home entertainment. "We have large visions as to where this could all go," Tellem told the Los Angeles Times.