Tag Archives: media

Tribune Breaks Off $3.9B Sinclair Merger, Sues Sinclair

CBS News reports: Tribune Media is withdrawing from its $3.9 billion buyout by Sinclair and it’s filing a lawsuit against it, citing breach of contract. Tribune Media would be on the hook for a $135 million breakup fee, according to the agreement reached last year. Sinclair Broadcast Group had offered to buy the Chicago company’s 42 TV stations and had ...

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Sarah Huckabee Sanders Repeatedly Refuses To Say Journalists Are Not “The Enemy Of The People” [VIDEO]

Heavy reports: On Thursday afternoon during a White House briefing, White House Press Secretary Sarah Sanders refused to respond when reporters asked if “the press was the enemy of the people.” According to Aaron Blake, senior political reporter for The Washington Post, Sanders was asked three separate times if she thought the press was the enemy of the people, and ...

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Merger Complete: Time Warner No Longer Exists

The Los Angeles Times reports: Time Warner Inc. is no more. Late Thursday, AT&T Inc. announced that it completed its $85-billion acquisition of Time Warner Inc., just two days after a federal judge in Washington gave the deal the green light. AT&T wasted little time consolidating its hard-fought prize — a blockbuster purchase that instantly transforms the phone company into ...

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Judge Approves Merger Of AT&T And Time Warner

The New York Times reports: A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to block the $85.4 billion deal, in a decision that is expected to unleash a wave of takeovers in corporate America. The merger would create a media and telecommunications powerhouse, reshaping the landscape of those industries. The ...

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Daily Beast “Hits Pause” On Joy Reid Columns

The Hill reports: The Daily Beast is “going to hit pause” on Joy Reid’s columns while its reporters investigate the MSNBC host’s claims around hacking of her old blog, which included homophobic comments that she says were “fabricated.” “Reid claims that she was hacked, that new blog posts aren’t really hers,” said Noah Shachtman, the publication’s executive editor, in a ...

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STUDY: How The Decline In Local Media Helped Trump

Politico reports: President Donald Trump’s attacks on the mainstream media may be rooted in statistical reality: An extensive review of subscription data and election results shows that Trump outperformed the previous Republican nominee, Mitt Romney, in counties with the lowest numbers of news subscribers, but didn’t do nearly as well in areas with heavier circulation. POLITICO’s findings — which put ...

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Homeland Security To Compile Database Of Bloggers And Journalists, Monitor Content For Their “Sentiment”

Bloomberg Law reports: The U.S. Department of Homeland Security wants to monitor hundreds of thousands of news sources around the world and compile a database of journalists, editors, foreign correspondents, and bloggers to identify top “media influencers.” It’s seeking a contractor that can help it monitor traditional news sources as well as social media and identify “any and all” coverage ...

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Trump Again To Skip “Bad And Fake” Press Gala

The Hill reports: President Trump says in a new interview that he will likely skip the upcoming White House Correspondents Dinner (WHCD), his second skip of the annual event so far as president. In an interview with “Bernie & Sid in the Morning” on 77 WABC, the president said he will “probably” not attend the annual gala hosted by the ...

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Sinclair Chairman: The Doomed Leftist Print Media Has No Credibility And Publishes “Meaningless Dribble”

New York Magazine reports: David Smith, the executive chairman of Sinclair Broadcast Group, said he dislikes and fundamentally distrusts the print media, which he believes “serves no real purpose.” In emails to New York, Smith said that print — as in newspapers and magazines — is a reality-distorting tool of leftists. Print media, he said, has “no credibility” and no ...

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MSNBC Lists Steve Kornacki’s Caffeine Intake In Ad Praising His Pennsylvania Election Show [VIDEO]

Earlier this week we noted that MSNBC’s Steve Kornacki had stolen the show with his coverage of the Pennsylvania House race. Today MSNBC has posted a tribute to Kornacki which breaks down his coffee, espresso, and macchiato consumption as the show rolled into the wee hours of Wednesday morning. Judging by the network’s well-wishes, it appears that Kornacki has since ...

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Nation’s Largest Radio Chain Declares Bankruptcy

NPR reports: The “substantial doubt” that iHeartMedia’s corporate leaders expressed around the company’s likelihood of surviving another year, mentioned in its quarterly financial report last November, has been put to rest. iHeartMedia, the country’s largest radio broadcaster with around 850 stations and a leading outdoor advertising company, is filing for bankruptcy after spending years trying to manage its $20 billion ...

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MSNBC’s Steve Kornacki Steals Election Show

The Morning Call reports: The race between Democrat Conor Lamb and Republican Rick Saccone in Pennsylvania’s 18th Congressional District captivated Twitter overnight, but it was MSNBC’s Steve Kornacki who ultimately stole the show. Around 8 p.m. Tuesday, the hashtag #PA18 began trending as polls closed. Politicos immediately obsessed over The New York Times needle (it was ultimately shut down) and ...

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Ad Revenue Soars 62% For MSNBC, 32% For CNN

The Hill reports: Advertising revenue on cable news grew a prodigious 25 percent year-over-year, with MSNBC seeing the biggest jump, according a Friday report from Adweek. New data from the Standard Media Index, which tracks 70 percent of national advertising spending “fresh from the invoicing source” according to its website, shows that MSNBC grew its revenue from from January 2017 ...

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Rupert Murdoch: Facebook Should Pay News Outlets

Variety reports: Rupert Murdoch weighed in on Facebook’s attempts to improve the accuracy of the news its delivers across its global platform — and suggested that what would really work is for the internet giant to follow the model of the pay-TV industry. “If Facebook wants to recognize ‘trusted’ publishers then it should pay those publishers a carriage fee similar ...

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John McCain Denounces Trump’s Attacks On The Media: Trump Is Providing Cover For “Repressive Regimes”

Politico reports: President Donald Trump’s assault on the press, most often through barbed tweets and harsh words, has manifested itself more dangerously around the world, Sen. John McCain wrote in a Washington Post op-ed, granting the legitimacy of the White House to press-stifling efforts worldwide. “Reporters around the world face intimidation, threats of violence, harassment, persecution and sometimes even death ...

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Journalism Group To Hold “Global Press Oppressors” Awards Opposite Trump’s “Fake News” Awards

The Hill reports: The Committee to Protect Journalists tweeted that it would be holding “The Global Press Oppressors Awards” next week at the same time as President Trump’s “Dishonest and Corrupt Media Awards.” The organization hosts an annual “Press Freedom Awards” and annually documents instances of journalists being killed or imprisoned in their line of work. Trump, who has often ...

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For Your Consideration: Stephen Colbert Wants To Win Trump’s “Dishonest & Corrupt Media Award” [VIDEO]

Variety reports: Stephen Colbert took the opportunity on Wednesday night’s episode of “The Late Show” to unveil his bid for Trump’s “Dishonest & Corrupt Media Awards,” which the president announced in a tweet Tuesday. “Or, as we call ’em in the biz, the Fakies,” Colbert quipped. “Because nothing gives you more credibility than Donald Trump calling you a liar, and ...

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Peter Thiel Explores Creating Fox News Competitor

Buzzfeed News reports: Billionaire venture capitalist Peter Thiel wants to create a new conservative cable news network and his representatives have engaged the powerful Mercer family to help with funding, according to two sources familiar with the situation. Thiel, a Facebook board member who secretly funded lawsuits to bring down Gawker Media, had originally explored a plan to create the ...

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Streaming Progressive News Service To Launch

Axios reports: David Bohrman, former Current TV President and former CNN Washington bureau chief and chief innovation officer at CNN Worldwide, is launching a new over-the-top (OTT) video service that will cater to progressive Americans, called the Political Voices Network (PVN). Why it matters: Bohrman argues there has been a vacancy of progressive voices in the video space compared to ...

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FCC Hits Right Wing Sinclair With Record $13.4 Million Fine For Failing To Disclose Sponsored Content

Variety reports: The FCC is slapping Sinclair Broadcast Group with a $13.4 million fine for running news stories on a cancer foundation but failing to disclose that the foundation was paying for them to air. The FCC said that the programming was broadcast more than 1,700 times, “either as stories resembling independently generated news coverage that aired during the local ...

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