Posts Tagged ‘ entertainment ’

The Morning Lowdown 07.30.10

July 30, 2010
By David Kaplan
The Morning Lowdown 07.30.10

Some of the stories people are talking about this morning: »  The Washington Post Co. (NYSE: WPO) is desperate to unload Newsweek magazine&#82...
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Facebook’s IPO Waiting Game Gets a Little Longer–"Probably" Not Going Public in 2011

July 30, 2010
By Peter Kafka
Facebook’s IPO Waiting Game Gets a Little Longer–"Probably" Not Going Public in 2011

Ripple effect: Facebook's non-move gives Zynga more time before it goes public too. Meanwhile, if you're dead set on buying some of Zuck's company next year, Digital Sky Technologies may be able to help.
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[UPDATED] The Spotify Song Has a Familiar Chorus: U.S. Launch Talks Back to "Square One"

July 30, 2010
By Peter Kafka
[UPDATED] The Spotify Song Has a Familiar Chorus: U.S. Launch Talks Back to "Square One"

When will Spotify, the best music service Americans can't use, finally make it to the U.S.? No time soon, according to a new report from Billboard. The good news for impatient people: There are plenty of substitutes available right now.
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MySpace Sales Exec Courtin Returns To MTVN

July 29, 2010
By David Kaplan
MySpace Sales Exec Courtin Returns To MTVN

MTV has reorganized the heads of its Integrated Marketing Group with the return of MySpace (NSDQ: NWS) sales executive Angela Courtin to the Viacom (NYSE: VIA) company. Courtin will serve as SVP, MTV Integrated Marketing. In conjunction with the new hire, MTV also promoted Jeannie Scalzo to SVP, MTV Integrated...
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ESPN’s Spiked LeBron James Story Is Scandal-Free, Does Mention "Panties"

July 29, 2010
By Peter Kafka
ESPN’s Spiked LeBron James Story Is Scandal-Free, Does Mention "Panties"

Why did ESPN kill a pretty tame Web story about the most famous athlete in America? Hard to guess. In any case, it doesn't matter now: On a slow summer day, it's perfect fodder for bored Web surfers.
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Confirmed: Zynga Raises $150 Million From Softbank

July 29, 2010
By Joseph Tartakoff
Confirmed: Zynga Raises $150 Million From Softbank

Zynga is confirming this evening that it has indeed raised $150 million in funding from Japanese internet and telecom firm Softbank. Reports that the social gaming giant had raised the cash first surfaced several months ago, although Zynga would not comment then.


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About That Advertising Comeback…

July 29, 2010
By Peter Kafka
About That Advertising Comeback…

Web publishers and TV networks are doing just fine. But if you're in the radio, newspaper or magazine business, it's a different story.
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The Morning Lowdown 07.28.10

July 28, 2010
By David Kaplan
The Morning Lowdown 07.28.10

»  Steve McPherson has resigned as president of ABC (NYSE: DIS) Entertainment Group to concentrate on his wine business and a “new media venture”; he’s being replaced by Paul Lee, who is promoted from ABC Fam...
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The Meter Is Running, but Comcast Says NBC U Deal Will Be Done by End of Year

July 28, 2010
By Peter Kafka

Comcast says it's on track to close the NBC Universal deal by the end of the year. Which is good, because closing the transaction--where it picks up control of GE's media conglomerate--has cost it $88 million so far this year.
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Time Inc.’s iPad Problem Is Trouble for Every Magazine Publisher

July 28, 2010
By Peter Kafka
Time Inc.’s iPad Problem Is Trouble for Every Magazine Publisher

Time Inc. likes to show off its iPad apps as a symbol of the company's future. But inside the publisher, the digital editions have become a source of hair-pulling frustration.That's because the magazine giant has been unable to get Apple to let it sell and manage subscriptions for its iPad apps--much to Time Inc.'s...
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