Media

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ap215
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Discovery Shareholders Win $125M Settlement Of Lawsuit Alleging AT&T Merger “Wasn’t Entirely Fair” To Most Investors

Warner Bros. Discovery, which was formed in 2022 from the merger of AT&T’s WarnerMedia and Discovery Communications, has agreed to pay $125 million to settle a shareholder lawsuit over the deal.

A handful of pension funds filed suit in Delaware Chancery Court after the $43 billion merger closed, alleging that the transaction unfairly benefited top-tier investors at Discovery at the expense of everyday investors. On Friday, the court released a document detailing the settlement, which had been agreed to in May at the recommendation of a mediator.

https://deadline.com/2024/07/warner-bro ... 236002549/
ap215
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Rupert Murdoch goes to war with his children over his media empire

An elderly billionaire goes to war with his adult children over the future of his media empire. His only ally is his eldest son, crowned leader of his father’s enterprise after years of jostling with his siblings.

In choosing a successor, the patriarch spurns three of his other children, who remain threats: when he dies, they will each have just as much power as the eldest son to shape his companies, potentially against the rightwing ideologies that have guided them for decades.

https://www.theguardian.com/business/ar ... -news-corp
ap215
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Customers of house-flipping scheme tied to HGTV stars to receive $12M in refund checks

(NEXSTAR) – The Federal Trade Commission (FTC) is distributing $12 million in payments to thousands of Americans after it says a Utah-based company with ties to multiple HGTV stars duped people into paying for pricey seminars promising success “flipping” houses.

The company, Zurixx LLC, agreed to a settlement in Feb. 2022 after it allegedly used false earnings claims to convince would-be real estate entrepreneurs to pay, in some cases, tens of thousands of dollars to learn the Zurixx’s house flipping system

https://www.abc4.com/news/customers-of- ... nd-checks/
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ZoWie
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Post by ZoWie »

Flipping is a major reason that LA home prices are out of control. Most sales are to speculators, not to anyone who would live there. They do cosmetic improvements and jack up their asking prices into the multi-millions, meaning that real home buyers pay ever-inflating sums that have completely lost touch with where the market would be otherwise.

New York has a flip tax designed to discourage this kind of speculation. LA does not.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
ap215
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Secret Murdoch succession fight to remain sealed after judge rejects media petition for access

New York (CNN) — A Nevada judge has ruled that billionaire media mogul Rupert Murdoch and his family can hold a secret court battle over the future of his vast media empire behind closed doors.

The judge rejected a petition by a coalition of media organizations, including CNN, The New York Times, NPR, the Washington Post, Reuters and ABC, to unseal the case and allow access.

https://www.cnn.com/2024/09/13/media/se ... index.html
ap215
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DirecTV to end blackout of ESPN, ABC

DirecTV and Disney reached a preliminary agreement Saturday on a deal to restore ABC, ESPN and several other networks after a nearly two-week distribution feud.

“DirecTV and Disney have a long-standing history of connecting consumers to the best entertainment, and this agreement furthers that commitment by recognizing both the tremendous value of Disney’s content and the evolving preferences of DirecTV’s customers,” the companies said in a joint statement.

https://thehill.com/business/4880102-di ... sney-deal/
ap215
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Freeze Frame: B+C Hall of Fame 2024

The 32nd class of honorees to the B+C Hall of Fame took to the stage at New York’s Ziegfeld Ballroom on September 26 for a gala induction event. Click below for a gallery of photos from on stage and behind the scenes, featuring honorees such as Dick Vitale, George Stephanopoulos, Debra OConnell, Bill McGorry and more.

https://www.nexttv.com/news/freeze-fram ... -fame-2024
ap215
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Post by ap215 »

Nope.

DirecTV Acquires Dish, Unifying Struggling Satellite Business

DirecTV said it made a deal with EchoStar to buy EchoStar’s video businesses, including satellite-TV provider Dish TV and virtual MVPD Sling TV, for $1 plus the assumption of debt.

While both DirecTV and Dish have been losing customers to cord-cutting, combined they would have about 20 million subscribers, tops in the shrinking pay TV business.

https://www.nexttv.com/news/directv-acq ... e-business
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ZoWie
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Post by ZoWie »

That shrinking pay TV customer base is also causing a severe decline in LA entertainment production, which until about a year ago looked like the biggest gravy train since movies came out with synchronized sound.

As recently as two years ago, absolutely everyone wanted a streaming channel or three, and the demand for product was at an all time high. No more. The industry never recovered from the strikes, and then there was a huge shakeout in the streaming business. The euphoria is gone. Even Netflix Bites has changed its name, and the CBS studio across the street is likely going for yet another condo development with retail on the first floor. These are taking over that part of LA, which will soon look like a more earthquake-proof version of Brooklyn.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Glennfs
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Post by Glennfs »

ZoWie wrote: Mon Sep 30, 2024 11:09 am That shrinking pay TV customer base is also causing a severe decline in LA entertainment production, which until about a year ago looked like the biggest gravy train since movies came out with synchronized sound.

As recently as two years ago, absolutely everyone wanted a streaming channel or three, and the demand for product was at an all time high. No more. The industry never recovered from the strikes, and then there was a huge shakeout in the streaming business. The euphoria is gone. Even Netflix Bites has changed its name, and the CBS studio across the street is likely going for yet another condo development with retail on the first floor. These are taking over that part of LA, which will soon look like a more earthquake-proof version of Brooklyn.

Cable screwed people for decades so we switched to satellite.
Satellite got big so they started to screw their customers.
So we switched to Netflix, etc. Now the quality of their programming is on the wane.
We have an antenna next up
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ZoWie
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Post by ZoWie »

Careful, air broadcasting is so obsolete, at least in the big markets, that some new TVs don't have antenna inputs. They are basically monitors with fancier decoders and slightly different software. If something goes wrong, you don't call the repair man, you call tech support.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Glennfs
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Post by Glennfs »

ZoWie wrote: Mon Sep 30, 2024 11:23 am Careful, air broadcasting is so obsolete, at least in the big markets, that some new TVs don't have antenna inputs. They are basically monitors with fancier decoders and slightly different software. If something goes wrong, you don't call the repair man, you call tech support.

I have no idea how it works but somehow not including the antenna we have over 100 channels.
Most playing reruns
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ZoWie
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We still have an air antenna. The big digital channels that still broadcast on the air have narrowband subchannels which often you can tune in. This gets stuff you'll never see on cable, streaming, or the birds. Unfortunately most of it is low-budget crap.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
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ZoWie
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Post by ZoWie »

Nooz has jumped onto the "Depression in Hollywood" story big time. Everyone's running big stories about the slowdown, usually with headlines like "Hollywood in Severe Crisis" or "Is Hollywood dead?"

Better they should say, "Is streaming finally overextended?" because that's the issue. It felt like the perfect racket because you got paid up front and then could start sneaking in commercials anyway, as the market grew. Careful what you wish for.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
ap215
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CBS News Executives Said That ‘CBS Mornings’ Interview With Ta-Nehisi Coates Did Not Meet Editorial Standards

Top CBS News executives told staffers on a call Monday morning that a contentious interview exchange between CBS Mornings co-anchor Tony Dokoupil and author Ta-Nehisi Coates over Coates’ book that delves into the Israel-Palestinian conflict did not meet the network’s editorial standards.

But the call, which featured Adrienne Roark, the president of editorial and newsgathering, and Wendy McMahon, president of CBS News and Stations, drew some pushback by others who saw the CBS Mornings conversation as a civil conversation that captured both sides of a divisive issue.

https://deadline.com/2024/10/cbs-news-c ... 236109505/
Motor City
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ap215 wrote: Tue Oct 08, 2024 2:25 pm CBS News Executives Said That ‘CBS Mornings’ Interview With Ta-Nehisi Coates Did Not Meet Editorial Standards

Top CBS News executives told staffers on a call Monday morning that a contentious interview exchange between CBS Mornings co-anchor Tony Dokoupil and author Ta-Nehisi Coates over Coates’ book that delves into the Israel-Palestinian conflict did not meet the network’s editorial standards.

But the call, which featured Adrienne Roark, the president of editorial and newsgathering, and Wendy McMahon, president of CBS News and Stations, drew some pushback by others who saw the CBS Mornings conversation as a civil conversation that captured both sides of a divisive issue.

https://deadline.com/2024/10/cbs-news-c ... 236109505/

They show it here, I thought it was beautiful what Ta-Nehisi Coates said

https://www.youtube.com/watch?v=VTs70cNcmVo

Ta-Nehisi Coates: I Was Told Palestine Was Complicated. Visiting Revealed a Simple, Brutal Truth
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ap215
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Sadly it’s true.

Media trust hits another historic low

The percentage of Americans who say they have a great deal or a fair amount of trust in the mass media has fallen to a record low, according to a new Gallup survey.

Why it matters: Media trust had started to rebound following the 2016 election, but those gains have been wiped out amid growing political partisanship.

https://www.axios.com/2024/10/15/media- ... lup-survey
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ZoWie
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Post by ZoWie »

What about trust in the Internet? The traditional media have been distrusted for a long time, and for good reason, but net influencers seem to be God in a lot of businesses and political groups.

I trust the net about as far as I can throw it. It used to be a ghetto for nerd culture, but now it's just survival of the loudest.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
ap215
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Way go to Charlamagne

Charlamagne, Anderson Cooper spar over coverage of Harris

Radio host Charlamagne tha God and CNN anchor Anderson Cooper had a heated exchange late Thursday evening over the network’s coverage of Vice President Harris compared to former President Trump.

The debate started when Charlamagne, a Harris supporter, demanded to know why networks, including CNN, refused to cover Trump as a “fascist” but extensively covered the former president’s comments about Harris’s race.

https://thehill.com/homenews/media/4953 ... ris-trump/
ap215
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NJ Advance Media wins 2 categories at NY Emmy Awards

Video journalists from NJ Advance Media were nominated for 16 New York Emmy Awards and won 2 categories this weekend.

Winners were announced Saturday at a black-tie gala at the in Marriott Marquis New York. The awards are offered annually by the New York Chapter of The National Academy of Television Arts and Sciences, and recognize outstanding work by television stations, websites and media outlets in the New York City region. The contest, in its 67th year, covers work between Jan. 1, 2023 through Dec. 31, 2023.

https://www.nj.com/news/2024/10/nj-adva ... wards.html
ap215
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RIP LA Times

LA Times owner tells Fox News he’s looking for recruits ‘like Scott Jennings’ to balance publication

Dr. Patrick Soon-Shiong, the owner of the Los Angeles Times, said he was looking to balance opinion pieces in the publication through new recruits — such as a popular conservative commentator — after deciding not to endorse a presidential candidate this past election cycle.

“I think it’s important for us to differentiate the editorial board is responsible for these opinions on these voices. So, right now, we don’t have an editorial board if we are truly honest about ourselves that are balanced. And so, I’ve gotten beaten up about fair and balance.”

https://thehill.com/homenews/media/4993 ... ve-voices/
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Toonces
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Post by Toonces »

I thought maintaining editorial control was balancing it out.
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rainwater
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Post by rainwater »

ive never trusted the 'innernets'. dumping and merging and influencing with a twelve yr olds 'opinion'
of reality on any given moment...that so many ferigners bots can be on this brd amazes me.
or whatever AI bot form it takes..

how things are shaped anymore...is anything a whim?..or a created fluke...
Who are these..flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it. Fuck them.
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ZoWie
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Post by ZoWie »

rainwater wrote: Fri Nov 15, 2024 9:34 pm ive never trusted the 'innernets'. dumping and merging and influencing with a twelve yr olds 'opinion'
of reality on any given moment...that so many ferigners bots can be on this brd amazes me.
or whatever AI bot form it takes..

how things are shaped anymore...is anything a whim?..or a created fluke...
Most "news" is the result of the work behind the scenes by very well paid publicists and spin doctors. It is a very highly paid profession. A lot of very intelligent and accomplished media experts went over to the dark side when the FCC was neutered and it was suddenly OK to put any piece of crap onto the public airwaves and pass it off as truth.

Then, of course, the Internet. In the beginning it didn't have ads, but everyone knew that wouldn't last. Not so much that the political hacks would take it over, but it was guaranteed that the people who considered media another selling tool available to anyone with the money to hire agencies and freelancers would take over eventually. Owners like Musk and Zuckerberg greased the skids, but it would have happened anyway.

Unless you've lived the nightmare, you don't grasp the true depth of the problem. Indeed, most of social media is now a means of identifying and controlling "influencers." Many "influencers" are indeed pre-teens, because that group is online pretty much all of their waking hours, even in school, though schools are starting to ban cell phone use in class periods as a result. It's quite a spectacle, watching 50-year-old publicists having to regard 12-year-old influencers not only seriously but as arbiters of public taste.

Not exactly what the physicists had in mind when they developed the World Wide Web.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
ap215
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Post by ap215 »

Get ready for Right Wing Dark Web & more GOP corrupt corporate mouthpiece nooz propaganda on TV.

Trump Picks Brendan Carr as Next FCC Chair

President-elect Donald Trump has chosen FCC commissioner Brendan Carr to be its next chairman.

Carr, who is the senior Republican member of the commission, was first nominated to the FCC in 2017 by Trump.

https://www.hollywoodreporter.com/news/ ... 236064223/
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