Archive: Media

Discovery, Hasbro Forming Kids' Network

Silver Spring-based Discovery Communications announced today that it was forming a joint venture with Hasbro to create a new TV network, to debut late next year, focused on children 14 and under. The joint venture will also form a related Web site and hold a minority interest in the U.S....

By Terri Rupar | April 30, 2009; 12:09 PM ET | Comments (0)

Gannett Profit Falls 60 Percent

Gannett's first-quarter profit fell almost 60 percent, to $77.7 million from $191.8 million in the first quarter of 2008. Revenue fell about 18 percent, to $1.38 billion, hurt by a 34 percent drop in publishing advertising as the U.S. and British economies struggle. But digital revenue grew, as the McLean...

By Terri Rupar | April 16, 2009; 12:38 PM ET | Comments (1)

Chairman Sees Substantial Losses at Post in 2009

The Washington Post will follow a money-losing 2008 by losing "substantial money" in 2009 and will continue to cut costs, Post Co. Chairman Donald E. Graham said in a letter to shareholders atop the company's annual report released today. The Post Co. newspaper division -- which is dominated by the...

By Terri Rupar | March 25, 2009; 01:30 PM ET | Comments (0)

Graham Joins Facebook Board

Washington Post Co. Chairman Donald E. Graham is joining the board of directors of Facebook next month, the social-networking site announced today. Graham, who currently has 1,315 Facebook friends, joins Netscape founder Marc Andreessen, venture capitalist Jim Breyer, PayPal co-founder Peter Thiel and Facebook founder Mark Zuckerberg. "Don Graham understands...

By Terri Rupar | December 11, 2008; 04:22 PM ET | Comments (0)

Newsweek Offers More Buyouts, to Cut 10 Jobs

This item was reposted from The Ticker blog on Economy Watch. Newsweek magazine, which is owned by The Washington Post Co., told employees today that the magazine is extending early-retirement, or "buyout," packages offered earlier this year and will lay off 10 employees. Newsweek, like all news weekly magazines, has...

By Terri Rupar | December 11, 2008; 02:45 PM ET | Comments (0)

NPR to Cut Workforce

Dennis Haarsager, interim president and chief executive of NPR, sent out a memo today saying the company is canceling two shows, News & Notes and Day to Day, and cutting 7 percent of its workforce. Many of the 64 filled and 21 unfilled jobs that are getting cut are linked...

By Terri Rupar | December 10, 2008; 03:22 PM ET | Comments (8)

Radio One Shares At New Lows

By Anita Huslin Urban media company Radio One was warned that it was failing to meet Nasdaq listing requirements after its stock plummeted to all-time lows this week. Fund managers dropped shares of the Lanham company on Tuesday in response to its removal from the SmallCap 600 index by Standard...

By Terri Rupar | October 22, 2008; 06:16 PM ET | Comments (1)

Zier Heads to Air America

By Thomas Heath Air America Media, which runs a left-of-center radio network, has named Bennett Zier, a Washington radio industry veteran, as its chief executive. Zier, formerly of Red Zebra Broadcasting, will help expand and grow the Air America brand, which has had difficulty since its launch. The network started...

By Terri Rupar | July 1, 2008; 01:21 PM ET | Comments (2)

Post Co. Names New CFO

By Frank Ahrens The Washington Post Co. has named Hal S. Jones to succeed John B. "Jay" Morse Jr. as chief financial officer, the company said today. Jones, 55, is a top executive at Kaplan Inc., the education company owned by The Post Co. and its biggest revenue generator. Jones,...

By Terri Rupar | June 11, 2008; 05:42 PM ET | Comments (0)

Discovery Reveals Salaries, Going-Public Details

By Frank Ahrens Discovery Communications chief executive David Zaslav, left, with celebrity chef Emeril Lagasse at the Planet Green launch promotion. (By Frank Ahrens - The Washington Post) Discovery Communications Inc. chief executive David M. Zaslav made more than $18 million in cash and stock-related compensation during his first year...

By Terri Rupar | June 11, 2008; 05:00 PM ET | Comments (0)

Snyder's Executives Talk Sports Talk Radio

By Thomas Heath Washington Redskins owner Daniel Snyder hopes to double the ratings of his Red Zebra radio network with the $24.5 million purchase of WTEM (980) and two other stations from Clear Channel Communications, his executives said in an interview this week, the first time they have spoken about...

By Terri Rupar | June 11, 2008; 01:10 PM ET | Comments (18)

Revenue Up As Discovery Prepares For IPO

By Frank Ahrens Discovery Communications LLC reported today that first-quarter revenue was up 12 percent, from $710 million to $795 million, on the strength of advertising and subscriber revenue at its television networks. Discovery Holding Co., controlled by billionaire media mogul John Malone, owns two-thirds of Discovery Communications, home to...

By Dan Beyers | May 8, 2008; 01:30 PM ET | Comments (0)

Q&A: Suzanne Clark of National Journal Group

In January 2007, Suzanne Clark became president of National Journal Group, whose properties include National Journal, CongressDaily, the Hotline, the Almanac of American Politics, Convention Daily and "Washington Week with Gwen Ifill and National Journal." Clark, 40, attended Georgetown University's undergraduate program and received an MBA at the school. She...

By Terri Rupar | May 5, 2008; 10:30 AM ET | Comments (0)

Washington Post Co. Profit Drops 39 Percent

By Frank Ahrens The Washington Post Co. reported a 39 percent decline in first-quarter profit yesterday, as the company was hit by a large one-time charge at its Newsweek magazine and the continued slump at its newspaper division. For the first three months of the year, The Post Co. reported...

By Terri Rupar | May 2, 2008; 05:34 PM ET | Comments (0)

WPNI Publisher Steps Down

Caroline Little stepped down today as chief executive and publisher of Washington Post-Newsweek Interactive (WPNI), the subsidiary of The Washington Post Co. that oversees Web operations, the company announced. Donald E. Graham, chairman of the board of The Washington Post Co., has asked Little to stay with the company to...

By Terri Rupar | April 11, 2008; 05:27 PM ET | Comments (0)

Protest and Arrest

We posted earlier about a man on a nine-day protest at Discovery Communications in Silver Spring. The organizer was apparently arrested yesterday evening after literally throwing a lot of money around, WJLA reported here. Here's the video from WJLA:...

By Terri Rupar | February 22, 2008; 03:41 PM ET | Comments (0)

A Protest at Discovery

It's a nine-day protest, organized by a man who gives his name as just "Lee," against Silver Spring-based Discovery Communications. His issue, as explained on his Web site, is that he believes that the shows that Discovery airs don't help the environment. The protest was scheduled to go from 9...

By Terri Rupar | February 19, 2008; 03:48 PM ET | Comments (0)

Geico's Cavemen Underwhelmed by Show About Them

By Michael S. Rosenwald Cavemen are, by their very nature, extremely insecure. Anyone who has seen them in Geico's auto insurance commercials knows that they take any slight very seriously, whether it be from their shrinks or from television newscasters. So it was only natural, we suppose, that Geico's cavemen...

By Mike Shepard | February 8, 2008; 03:14 PM ET | Comments (1)

Potomac Businessman Finds Fortune in Hollywood

Potomac businessman Norman M. Dreyfuss jetted to the Sundance Film Festival in Park City, Utah, last week hoping for his third successful movie venture in a row. Dreyfuss is chief operating officer for IDI Group Companies, which owns real estate investments in the Washington area that include Leisure Worlds in...

By Mike Shepard | January 25, 2008; 11:20 PM ET | Comments (0)

Xerox Chief Joining Washington Post Co. Board

The Washington Post Co. today named Xerox chairman and chief executive Anne M. Mulcahy to its board, expanding the number of company directors to 11. Mulcahy, who has run Xerox since 2001, also serves as a director at discount retailer Target and financial services giant Citigroup. (See company statement.) The...

By Mike Shepard | January 17, 2008; 01:30 PM ET | Comments (0)

Diversity On The Airwaves

Metro columnist Courtland Milloy today recounts the achievements of former Black Entertainment Television vice president of news Deborah R. Tang, who recently died of cancer. His commentary adds another voice to a debate that's been raging before the Federal Communications Commission in recent years over what if anything the government...

By Dan Beyers | January 16, 2008; 07:47 AM ET | Comments (0)

Newseum Hires Agency Behind the Geico 'Caveman' Ads

The Caveman Web site involves consumers actively in Geico's advertising. (Geico) News needs advertising. Advertising needs news. It is a marriage of absolute necessity: No advertising, and there's no one to pay for publishing the news; no news, and there's no one to look at the advertising. Don't believe...

By Mike Shepard | November 29, 2007; 02:14 PM ET | Comments (0)

Gannett Earnings Slip 10.5 Percent in Latest Quarter

From the Associated Press Gannett, the largest newspaper publisher in the country and owner of USA Today, said today that third-quarter earnings fell 10.5 percent, fueled in part by slumping real-estate ads and a tough comparison to year-ago results boosted by heavy political advertising. Net income dropped to $234 million...

By Mike Shepard | October 17, 2007; 12:40 PM ET | Comments (0)

Middle Eastern Cable Channel Launches

A new channel aimed at the local Arab American community is now available to Cox Digital Cable customers in Fairfax County and Fredericksburg. The Middle Eastern Broadcasting Network started broadcasting earlier this month, offering 24-hour programming in both English and Arabic. Launched earlier this month, the channel's features include soap...

By Mike Shepard | September 12, 2007; 06:03 PM ET | Comments (0)

Washington City Paper Gets New Owners

Staff writer Frank Ahrens filed this report for tomorrow's paper: The Washington City Paper has been sold to a Tampa-based group of alternative weeklies. Creative Loafing Inc, which owns newspapers in Tampa, Atlanta, Charlotte and Sarasota, Fla., and bills itself as "shelter from the mainstream," bought the City Paper and...

By Dan Beyers | July 24, 2007; 06:40 PM ET | Comments (1)

Carlyle In Talks To Buy Virgin Media

Staff writer Tom Heath reports that Carlyle Group, a District-based private-equity firm, is in the early stages of discussions to purchase Virgin Media, according to a source familiar with the talks. Richard Branson The Virgin Media deal could reach nearly $20 billion, according to the source who spoke on condition...

By Dan Beyers | July 2, 2007; 09:15 AM ET | Comments (0)

Glossy Gannett

Gannett is drawing up plans to produce a glossy magazine for USA Today, according to Ad Age. The idea is to "capture ad dollars from beauty, fashion and other lifestyle advertisers who may be happier to spend money if their ads appear on thick, glossy pages." USA Today is "planning...

By Dan Beyers | June 19, 2007; 07:38 AM ET | Comments (0)

 
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