Posted by Sheila Shayon on August 1, 2011 12:00 PM
Qatar-based Al Jazeera finally has a toehold in Manhattan after months of persistent pressure on U.S cable and satellite systems.
Al Jazeera English (AJE) is now being simulcast in New York City 23 hours a day on RISE, a cable channel adjunct to WRNN, which is carried by Time Warner Cable and rival Verizon FiOS. The deal makes AJE available starting today on Time Warner Cable's channel 92, with FiOS channel 466 adding the feed in the coming days, for a total reach of 2 million New York area homes.
As part of its carriage contract, RISE must carry one hour of daily local programming; now, the other 23 hours will be a live feed of AJE. While the contract gives Al Jazeera a presence in a key U.S. market, it's hitting the Big Apple via a sublease deal as opposed to outright carriage deal, which means its opportunities for marketing and branding are hindered.
“It’s all about leverage in this business, and they don’t have any,” observed Paul Maxwell, a cable industry consultant, to the New York Times.Continue reading...
Posted by Dale Buss on August 1, 2011 09:00 AM
Markets rally as Sunday night's U.S. debt limit deal goes before Congress for a vote today as Twitter explodes over deal.
Airbnb investor suggests ransacked woman is lying.
Al Jazeera English launches in New York.
Ambassador Coffee brand changes hands.
Apple wins dispute over iPods.com domain.
Bank of America hit with new Countrywide lawsuit.
Bloomberg Businessweek to hike paid circulation.Continue reading...
Posted by Sheila Shayon on July 28, 2011 11:00 AM
Former British tabloid editor (turned Larry King replacement) Piers Morgan is being reeled in to the News Corp. phone-hacking scandal, and he's done defending himself.
Before his US arrival on CNN and judging spot on NBC’s summer hit, America’s Got Talent, Morgan was the editor of the now defunct British tabloid The News of the World in the mid-1990s and subsequently, its "red-top" rival, The Daily Mirror. His tenure on Fleet Street is now putting him on the hot seat he usually reserves for his TV guests.Continue reading...
Posted by Dale Buss on July 28, 2011 09:00 AM
Airbnb image takes a hit with customer horror story.
Amazon helps consumers shift from a physical to a digital future.
BMW lands prime sponsorship of U.S. team in 2012 Summer Olympics.
Boeing slows 787 deliveries.
CNN host Piers Morgan accused of hacking on his watch while editor of News of the World.
Chrysler and Fiat prepare to merge and finish their turnaround stories.Continue reading...
Posted by Sheila Shayon on July 19, 2011 05:00 PM
The strangest moment of the British parliamentary hearing into the News Corp. phone-hacking scandal today had to be Wendi Murdoch — that's her in pink, above — swinging at a protester (activist Jonathan May Bowles) who hurled a (shaving?) cream pie at her husband Rupert before he was hauled away.
The second strangest moment: CNN host Piers Morgan's virtual testimony on Twitter, where he defended Wendi and then himself, responding (on Twitter and then on-air) to allegations that he was involved in phone-hacking while running the now-shuttered News of the World.Continue reading...
Posted by Shirley Brady on July 19, 2011 08:00 AM
The Wall Street Journal's headline says it all: "Showdown Time Comes for Murdoch." But even as US questions arise, fellow media mogul Steve Forbes writes that Rupert Murdoch will "survive and thrive again."
As the News Corp. chairman and CEO, his son James and the embattled former (resigned and then arrested) News International head Rebekah Brooks appear before a three-hour parliamentary hearing into phone-hacking allegations in London today, Bloomberg News is reporting that Rupert Murdoch is ready to step down.
News Corp. COO Chase Carey is on standby to assume the CEO position, according to Bloomberg, while Murdoch would remain chairman in that scenario — all depending how today's hearing goes. CNN has more.
Posted by Shirley Brady on July 18, 2011 06:00 PM
News Corp.'s Rupert Murdoch and son James prepare to testify Tuesday before a British parliamentary hearing on phone-hacking scandal as former News of the World whistleblowing journalist is found dead and The Sun's website is hacked.
Borders calls off auction, announces plans to liquidate and close doors by September.
Cisco slashes workforce by 11,500 positions.
Apple seeks to expand iPhone availability in China.
CNN is first TV network to stream 24/7 online and on mobile.
Delta cuts service to smaller markets.
Dunkin' Brands leads wave of IPOs in the US.Continue reading...
media and politics
Posted by Sheila Shayon on July 14, 2011 11:00 AM
The reaction to the latest twists and turns in News Corp.'s phone hacking scandal — which yesterday compelled Rupert Murdoch to withdraw his BSkyB bid, and today led him (and son James) to decline to testify? (Update: they've agreed to testify.)
Naturally, it runs the gamut from mocking (such as the eBay UK listing above), the cultural (musician Billy Bragg expressed his feelings about Murdoch's tabloids in song), to social media outrage (one prominent tweeter: former deputy Labour leader John Prescott).
The story is also making waves in Murdoch's adopted homeland of America. Citizens for Responsibility and Ethics in Washington (CREW) is calling for a US inquiry, while Hugo Dixon, Editor of Reuters Breaking Views, told the BBC that "politicians in America are starting to beat the drum."
Update: this afternoon comes word that the FBI is investigating News Corp. following allegations that 9/11 victims were targeted.Continue reading...