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.
December 27, 2012 |
After the coffee. Before watching some more midseason pilots. The Skinny: I'm doing my best to find some news for you folks but it is pretty slow out there. Of course, most of you aren't reading me this week anyway because you're having fun! I'm not bitter though. Really! Today's headlines include some looks back at the year in entertainment and profiles of "Zero Dark Thirty" director Kathryn Bigelow and "Les Mis" star Anne Hathaway. Daily Dose: DirecTV put a lump of coal in the stockings of its subscribers.
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.
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.
October 16, 2012 |
The main problem with owning a network that specializes in 3D is that there isn't a ton of 3D programming around to fill the schedule. With that in mind, 3Net -- the 3D cable channel owned by Sony, Discovery and IMAX -- have created an in-house production company to make original 3D content. “With the industry now struggling to keep pace with the rapidly accelerating consumer demand for 3D programming across multiple platforms...the formation of a world-class production studio to help fill both the 3D and ultra-high-definition content voids became a logical next step in our evolution as a global player in the entertainment arena,” said Tom Cosgrove, president of 3Net.
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.