TRUMP’S NEW CAMPAIGN CHIEF - “The Trump campaign’s relationship with the mainstream media is likely to get worse,” Hadas Gold reports on POLITICO. “20 Big Questions about the Future of Humanity” “Scenes From the Terrifying, Already Forgotten JFK Airport Shooting That Wasn’t” “Present at the Creation: The never-told-before story of the meeting that led to the creation of ISIS, as explained by an Islamic State insider” … Univision could potentially tap Gawker Media's brands to produce content for the Fusion TV channel.” … Here's another theory about the purchase, from a media executive who has been closely watching the company for years: it's all about TV. But it's hard to know whether the addition of Gawker to the portfolio will make a material difference in how agencies and clients view Fusion - and Univision - as an advertising partner. … Univision and Fusion are focused right now on courting advertisers. Jeremy Barr in AdAge: “Gawker Media Group. At least investors can be sure that it will remain cautious with its capital. Its debt/earnings ratio still exceeds six times, and its total valuation will not be far off what was paid for it in 2007. The sagging shares of others in those businesses … have delayed Univision’s public listing, now reported to be happening later this year. … irtually all of Univision’s $2bn revenue comes from traditional TV advertising and cable subscriptions. UNIVISION’S ‘HANDCUFFS’ - The FT: “Univision has … kept its spending in the low hundreds of millions. What about you? Tips: / Twitter: / MM archives and email-subscription button. WELCOME BACK TO MORNING MEDIA!: It’s about that time of year when people start saying things like, “Can you believe it’s almost the end of August already?” I have a few late-summer jaunts left. Gawker Media's other sites also plan to publish statements of solidarity with ( ).” More on Gawker and Univision below, but first. A Gawker Media source familiar with Denton’s thinking told POLITICO Denton feels that he has succeeded in protecting his employees' jobs and getting the company to a "safe harbor."Īs Peter Sterne reports, “Gawker Media editorial staff want Univision to continue operating and plan to make their case to their new boss - Isaac Lee, Univision's chief news, entertainment and digital officer - when he visits the office on Friday. "I think we're all pretty pessimistic about the site existing," an insider told CNNMoney, which also reported that Denton confirmed to staff yesterday that he will be leaving the company after the sale closes ( ). Trotter acknowledges that the website’s fate “remains unclear” ( ). (The companies can’t comment on matters related to the sale due to an NDA.)Ī post on by J.K. One source said the two companies were “in alignment,” while another said the talks about making a joint offer never got far enough that the conundrum was even addressed. But two sources involved in the discussions said that wasn’t true. Meanwhile, Morning Media heard a rumor from a well-placed source yesterday that an expected joint bid from Penske Media Corporation and Vox Media fell through in part because the two companies couldn’t agree on what to do with. The winner will probably shut it down,” a source told the New York Post earlier this week ( ). And it’s saddled with baggage not only from the Hogan fiasco, but other coverage-related controversies that have arisen over the years. But isn’t as good for business as other brands within the portfolio, like Gizmodo and Deadspin. Gawker may be the namesake of the blog empire Nick Denton founded in 2002, and which he lost ownership of on Tuesday when Univision acquired it in a bankruptcy auction prompted by Hulk Hogan’s $140 million sex-tape lawsuit. A source briefed on Univision’s plans confirmed that the company is “deliberating” on what to do with the site - Keep it going? Kill it? Sell it? - and that a decision is expected “sooner rather than later.” THE END OF GAWKER? Now that the question of who will own Gawker Media has been answered - congrats, Univision! - attention is shifting to whether flagship website will survive after the sale is officially approved today.
0 Comments
Leave a Reply. |