In your packed Thursday media column: Jeff Bewkes hides in plain sight, News Corp's looking to poach from the NYDN, the decline of the Atlanta Journal-Constitution, AMI's bankrupt, and Vice comes to MTV.
• Did Hugh Hefner abandon a deal to sell Playboy because he insisted he be allowed to live at the Playboy Mansion until he dies? That's the rumor. [PC]
• CNN will finish 2009 behind MSNBC, which is a first. How is it that CNN chief Jon Klein still has a job? Ask Jeff Bewkes if you bump into him, please. [NYT]
• Daily…
• Condé Nast is now swinging into damage control mode: It's retained Michael Sheehan, a "crisis manager and media coach" who's faced some steep PR challenges in the past having worked with President Clinton and AIG. [NYP]
• So is Oprah moving to cable? The discussions continue, reportedly. [AdAge]
• Kyle Pope doesn't…
Following encouraging quarterly earnings, Time Warner CEO Jeff Bewkes sent this internal memo out to his minions, instructing them how to innovate for future success, provided they're not laid off in the next couple months.
• Time Inc. is "not for sale," says Time Warner boss Jeff Bewkes. [DF]
• Meanwhile, Time Inc., Condé Nast, and Hearst are looking to team up and create a "Hulu for magazines." Another winning idea, clearly. [FT, ATD]
• Miramax is fast approaching non-existence. Disney, Miramax's parent, is cutting 50 jobs at the…
The surrender of AOL was a humiliating enough denouement for Time Warner, the old-line media conglomerate once imagined invincible. But there's talk it could get worse. What if Time Warner ceased to exist as an independent concern?
• It's not just TLC that is happy about the Jon & Kate nonsense. Putting them on the cover of Us six times in a row has been a "windfall" for Janice Min. [NYP]
• Get ready to pay for People.com: Time Warner chief Jeff Bewkes says the company may begin charging for access to online magazine content. [AP]
• With book…
As expected, Time Warner CEO Jeff Bewkes announced this morning that it plans to spin off AOL, a move that puts the final nail in the coffin of one of the most disastrous mergers in history. But if the mechanics of the deal strike you a little too complicated, The Times Bits blog has outlined it in…
Michelle Obama was the main attraction at Time magazine's sixth annual 100 "most influential" ceremony at Lincoln Center last night. She was joined by a predictably massive group of A-listers, including Oprah, Harvey Weinstein, Mort Zuckerman, Steve Schwarzman, Jeff Bewkes, Diane Sawyer, Barbara Walters, Whoopi…
Dick Parsons stepped down as Time Warner's chairman at the end of 2008, and handed over the reigns as the company's CEO to Jeff Bewkes a year before that. That isn't stopping Time Warner from sprucing up his office, though! The company disclosed it plans to spend $776,000 this year to make heading into the office…
• The LA Times ran an ad designed to look like an actual news story on the front page of the paper today. Much criticism has followed, obvs. [ATD, E&P]
• The NYT is asking its reporters to come up with cost-cutting ideas. [NYO]
• A Chicago-based Good Morning America staffer was given the boot after he tried to put his…
Someone buy something, please. Our New York sighting of Microsoft CEO Steve Ballmer with Yahoo chairman Roy Bostock missed one: Time Warner CEO Jeff Bewkes, who'd like to unload AOL.
Did you know that when the stock market goes down, media bosses get poorer like magic? It's true — and the fact that it's a totally obvious point doesn't make it any less fun!
• Ben Silverman and NBC have come to terms on a new contract. [B&C]
• Jeff Bewkes is taking over as Time Warner's chairman. [Bloomberg]
• As expected, Newsweek is trimming both staff and circulation. [WSJ]
• Do his 8 Golden Globe nods mean Harvey Weinstein is on the rebound? [THR]
• CBS Interactive is restructuring…
Time Warner has reported its third-quarter results, including AOL's numbers, and they are dismal. Internet-access revenues were down 26 percent, a loss everyone more or less expected, since the dial-up business is moribund. But advertising sales were down 6 percent. AOL management can't blame the market meltdown for…
Good news if you're an employee of the Trump Organization! Your exceptionally kind-hearted boss, Donald J. Trump, is giving you an hour off from work next Tuesday so you can go and vote. (Just one hour, though, so don't go making excuses about how your polling station is Brooklyn.) He isn't the only one. If you happen…
Let us say it, since every other writer seems too kind: As CEO of AOL, Randy Falco is an utter embarrassment. Silicon Alley Insider recounts his perplexing performance in front of a crowd of media executives gathered for Advertising Week in New York. "Radio was supposed to die 50 years ago," Falco said. "The reason…
We took the better part of two days to process the NYT's recent recognition of Warner Bros. as the crown jewel at Time Warner, where Jeff Bewkes, Barry Meyer, Alan Horn and Co. are venerated at length for emphasizing "content" (i.e. their film and TV properties) ahead of "distribution" outlets like AOL, DVD and…
Right as former AOL CEO Jon Miller gets a glowing profile in the Los Angeles Times, his former boss strikes back at him in the most callow way possible, by blocking his appointment to the Yahoo board. Was it not enough for Time Warner CEO Jeff Bewkes to ignominiously sack Miller two years ago, replacing him with the…
Just who are the city's biggest media titans supporting this November? Below, details on the campaign contributions of Jeff Bewkes, Dick Parsons, Barry Diller, Jann Wenner, Bob Wright, Mel Karmazin, Robert F.X. Sillerman, Ben Silverman, and a handful of others.
