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.
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.
February 28, 2014 |
The Federal Communications Commission has pulled the plug on a study that sought information on the how local radio and television stations cover news. The Critical Information Needs study was to be conducted every three years for Congress. It was aimed at eliminating barriers that make entry into the media industry difficult for entrepreneurs and small-business owners. However, the pilot test for the survey included questions regarding the editorial practices of media and was heavily criticized both inside and outside the FCC. The test was slated for this spring in Columbia, S.C. PHOTOS: Behind the scenes of movies and TV Besides general inquiries regarding coverage of issues including the environment and requests for insight into the decision-making process behind a newscast, it also sought details on the relationship between journalists and management.
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.
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.
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.
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.
July 31, 2013 |
Steve Bornstein, the top media executive at the National Football League and president of its cable channel, will exit his position when his contract expires in May, the NFL confirmed. A former president of ESPN and ABC, Bornstein played a key role in getting the NFL Network off the ground and in negotiating the lucrative television rights deals that the league has with CBS, Fox, ESPN, NBC and DirecTV. Bornstein was also an innovator both at ESPN and the NFL. At ESPN, he helped build the network into a sports juggernaut.
November 4, 2013 |
New Federal Communications Commission Chairman Tom Wheeler has tapped one of the media industry's fiercest watchdogs for a senior role on his team. Gigi Sohn, who has headed the nonprofit advocacy group Public Knowledge for 12 years, is joining Wheeler's staff as special counsel for external affairs. The appointment of Sohn is sure to raise eyebrows in some circles. She has been a critic of media consolidation, and her views on copyright protection are often at odds with those of the entertainment industry.
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.