Morning Media Newsfeed: TV News Covers Republican Sweep | Time Inc. Revenue Up

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TV News Covers Republican Congressional Takeover (Mediaite)
During the 11 p.m. ET hour, several networks announced the big news of the night: the Republican Party will be in control of the U.S. Senate starting in January. And with the GOP projected to hold onto the House of Representatives, this will set up a new dynamic of power in Washington: a Republican-dominated Congress versus the Democratic president. TVNewser The coverage produced several interesting moments; take CNN’s call on control of the House of Representatives. CNN’s Anderson Cooper threw to Wolf Blitzer with a promise of a “big projection.” Blitzer said it was, bigger than big, a “major, major projection” in the fight for control of the House. “Which party is coming out ahead? Get ready for that major projection right now.” And CNN rolled the full screen “CNN Projection” graphic, after which Blitzer himself poured ice water all over the preceding 30 seconds of dramatic hype: “Not a major surprise by any means.” TVNewser John Heilemann and Mark Halperin, hosting their first election night for BloombergTV, were discussing the West Virginia Senate race when Halperin said, “Two news organizations, both CNN and Fox News, are predicting that Shelley Moore Capito will be the winner.” A few minutes after that, Bloomberg cited CNN once again, which had called the Ohio governor race for John Kasich. Politico / Dylan Byers on Media Fox News broadcast exit polls from the New Hampshire Senate race almost two hours before polls closed in that state, a move that is likely in violation of agreed-upon rules by the media companies that commission the exit polls. TVNewser Earlier Tuesday, Jon Stewart stopped by CNN for an interview with Christiane Amanpour. Stewart told Amanpour he didn’t vote because, having just moved out of New York State, he didn’t know where his polling place is. TVNewser On his live show Tuesday night, he took a moment to apologize, saying it should have been more clear that he was just kidding, and he did, in fact, vote. Mediaite Stephen Colbert decided to show up CNN, Fox News and MSNBC with some over-the-top midterm coverage of his own. Only his involved the dark arts, a giant cauldron and Colbert selling his soul to the devil himself. TVNewser Legendary NBC News anchor Tom Brokaw was making an appearance on MSNBC’s election coverage when suddenly it sounded like a fire alarm might be going off in the studio. Brokaw then surprised Rachel Maddow and pulled out a giant smartphone with the alarm ringing on full blast.

Time Inc. Revenue Increases (FishbowlNY)
Time Inc.’s third-quarter report reveals that revenue increased despite some problems that impact the entire industry: Declining print and circulation sales. Capital New York While print advertising revenues were down 1 percent in the third quarter of 2014, the decrease was offset by the acquisition last September of American Express Publishing, which includes upmarket titles like Departures and Travel + Leisure. Total advertising revenues were flat at $428 million. NYT Circulation revenue declined 2 percent, to $279 million, and newsstand revenue — an area hit across the industry — declined 7 percent to $98 million. Other revenue, a category that includes events and conferences, some of the great hopes of the publishing industry, increased 11 percent to $114 million. AdAge Time Inc. will test paywalls on its magazine websites next year and finish a review of its portfolio that could result in the sale of certain titles, chairman-CEO Joe Ripp said during a call Tuesday to explain the results.