The Associated Press reports, “Newspaper publisher Lee Enterprises Inc. said Thursday its fourth-quarter profit nearly doubled versus a year ago with much of the gain attributed to one-time benefits of tax changes and other issues.”
We knew we were forgetting something. John Kelly tells us that yesterday was Journalist Day.
According to the Hollywood Reporter, “Time Warner must focus on being ‘the most profitable, not the biggest’ entertainment company, and his team must concentrate on boosting the stock ‘now,’ CEO designate Jeffrey Bewkes said here Wednesday in his first public appearance since being tapped for the promotion.”
Confederate Yankee reports, “At least two of the leading advertisers for The New Republic are reconsidering their advertising relationships with the magazine in the wake of the magazines handling of the Scott Beauchamp “Shock Troop” scandal.”
FT.com reports, “Warner Bros has signalled its intention of expanding more aggressively into the video games industry with the acquisition of TT Games, the UK publisher of the LEGO Star Wars series which has sold 12m copies around the world.”
Portfolio’s Mixed Media reports, “You might expect a former studio chief like Michael Eisner to side with the studios over the current writers strike, and you would be very right. Speaking at the Dow Jones/Nielsen Media and Money conference this morning, the ex-Disney honcho called the Writers Guild work stoppage ‘stupid,’ ‘misguided’ and ‘insanity.’
The Hollywood Reporter reports, “Three days in, the writers strike is hitting television hard as schedules are being juggled, overall deals suspended, production on series shut down and layoffs kick in.”
New York Post reports, “NBC may be trying to claw its way out of the prime-time TV ratings cellar, but that’s not stopping the network’s party-hearty new savior, Ben Silverman, from praising himself and bashing the top dogs at rivals ABC and FOX.”
Bloomberg reports, “News Corp., the media company controlled by Rupert Murdoch, said first-quarter profit fell 13 percent from a year earlier, when a gain from the sale of investments boosted results. Sales topped analysts’ estimates.”
RumorMonger reports, “Digg is close to announcing its sale to a major media player for $300 million to $400 million, according to sources close to the company, I hear.”
Reuters reports, “Digital video recorder company TiVo Inc is offering a new service giving advertisers detailed profiles of its users, the Wall Street Journal reported Thursday in its online edition.”
B&C reports, “On the News Corp. earnings conference call Wednesday, president and chief operating officer Peter Chernin said, ‘A strike is probably a positive for the company.'”
International Justice Mission is looking for a Director of Media Relations.
The Wall Street Journal is looking for a part time News Assistant.