March 20, 2013 |
Federal Communications Commissioner Robert McDowell, who was seen as a free-market advocate and friend to the media industry and a foil to FCC Chairman Julius Genachowski, announced he is leaving the regulatory agency in the next few weeks. A Republican, McDowell has been at the FCC for almost seven years and was seen as a potential chairman if Mitt Romney had won the White House in November. McDowell did not say what his future plans are. McDowell often disagreed with Genachowski on how to best regulate the media industry.
March 27, 2013 |
One of the longest-serving chief executives in the media industry is stepping down. Frank A. Bennack Jr., chief executive of Hearst Corp. since 1979, will give up that title in June. Steven Swartz, currently president and chief operating officer, will become CEO. Bennack will remain vice chairman of the Hearst Board. Although best known for its magazine unit, which includes Cosmopolitan and Esquire, Hearst also has a major presence in the TV industry. It owns stakes in several powerful cable networks including ESPN, A&E, History and Lifetime.
March 16, 2013 |
YANGON, Myanmar - When Mizzima moved its headquarters to Yangon last year from India, media watchers saw it as a sign that political reform in Myanmar was real. For more than a decade, the media group has published hard-hitting coverage of military corruption and Myanmar's dismal human rights record, and many saw its arrival as a bellwether of the regime's tolerance. Recent days, however, have brought growing industry concern about backsliding after the government sent a draft press law to the parliament March 4: It bears an unsettling resemblance to the draconian 1962 media law still in effect, which has long been used to jail, torture and harass journalists.
May 1, 2013 |
President Obama officially nominated lobbyist-turned-venture capitalist Tom Wheeler on Wednesday as the new chairman of the Federal Communications Commission. Wheeler is well known to the media industry. He has headed both the National Cable & Telecommunications Assn. and the Cellular Telecommunications & Internet Assn. Most recently he was a managing director at Core Capital, a private equity firm. "For more than 30 years Tom has been at the forefront of some of the very dramatic changes that we've seen in the way we communicate and how we live our lives," Obama said in announcing Wheeler's appointment.
October 15, 2012 |
Lions Gate Chief Executive Jon Feltheimer is urging people in the media industry to play nice with each other. In a speech Monday to cable industry executives in Orlando, Fla., Feltheimeier warned that while "the marriage of content, technology and choice offers an unprecedented experience of our consumers," all that will be wasted if big media companies can't get along. "We can screw it up when all the constituents in our business are so focused on their narrow agendas that they can't work together to look at the big picture," Feltheimer said at the Cable & Telecommunications Assn.
January 11, 2013 |
Sen. Jay Rockefeller's announcement that he won't seek reelection in 2014 may not upset too many folks in the entertainment business. The Democrat from West Virginia and chairman of the powerful Senate Commerce, Science and Transportation Committee has never been shy about bashing the media industry. Last fall at a confirmation hearing for two nominees for the Federal Communications Commission, Rockefeller said that television news has been "dumbed down" and that entertainment programming was too too "obscene" and "promiscuous.
January 10, 2013 |
The nimbly conceived and constructed documentary "Sellebrity" takes a vivid look at the megabucks industry of celebrity photography through a cogent variety of lenses. It's an enjoyable snapshot that effectively explores the colliding - often complicit - worlds of fame, entertainment publicity, the public's infatuation with gossip and the dogged paparazzi at the epicenter of it all. Sadly, the recent death of L.A. photographer Chris Guerra, who was hit by an SUV after taking pictures of Justin Bieber's Ferrari, makes this exposé seem especially timely.
November 19, 2003 |
As Congress winds down for the year, time is running short for efforts to roll back media ownership rules that were relaxed this summer by the Federal Communications Commission. Opponents of increased media consolidation, including some influential Republican lawmakers, are vowing to repeal one of the most controversial new FCC rules as part of a massive appropriations bill expected to be passed later this week.
December 10, 2005 |
At least two potential buyers made preliminary bids Friday to acquire Knight Ridder Inc., the country's second-largest newspaper chain, according to three people familiar with the discussions. Among those submitting offers by the first-round deadline were investment firm Texas Pacific Group and an alliance of private equity investors Kohlberg Kravis Roberts & Co., Blackstone Group and Providence Equity Partners, the people said.
November 12, 2013 |
Sen. Jay D. Rockefeller IV (D-W.Va.), chairman of the powerful Commerce Committee, is introducing a bill aimed at giving a boost to new digital video services that are trying to compete against established pay-television distributors. The Consumer Choice in Online Video Act looks to do for online video services -- known in the media industry as over the top, or OTT -- what the 1992 Cable Act did for the satellite television industry by making sure it has access to programming. "Evidence is growing that some traditional media and broadband companies are attempting to discourage the growth of online video platforms through various anti-competitive practices," said an announcement detailing Rockefeller's bill.