Tag

Media Ownership

All articles tagged with #media ownership

business18 days ago•20 min saved

Trump Throws Support Behind Nexstar-Tegna Merger as FCC Review Looms

Donald Trump endorsed Nexstar’s proposed acquisition of Tegna to form a broadcast giant covering about 80% of U.S. TV households. The $11 billion deal still requires an FCC waiver of the 39% national ownership cap, which the commission is weighing; FCC Chair Brendan Carr publicly supported moving the deal forward with Trump’s endorsement, saying “Let’s get it done.” The merger has drawn mixed reactions from industry players and watchdogs amid ongoing debates over media concentration and localism.

via Deadline|

#business #fcc #media-ownership

media18 days ago•11 min saved

Bezos’s Post Under Fire as Mass Layoffs Spotlight Billionaire Media Power

The Washington Post announced a roughly one‑third staff reduction, including about 300 newsroom jobs, amid accusations that owner Jeff Bezos steered editorial direction and undermined the paper’s audience after a 2024 decision not to endorse Kamala Harris. Critics argue subscription declines and revenue pain reflect billionaire‑owned media prioritizing political alignment over journalism, a pattern echoed at the Los Angeles Times and CBS News, with broader implications for press independence as corporate mergers, government contracts, and personal politics shape coverage.

via The Intercept|

#editorial-influence #jeff-bezos #layoffs

politics20 days ago•5 min saved

Sell the Washington Post to Shield Its Democratic Mission

An opinion piece arguing that Jeff Bezos has weakened the Washington Post by aligning with Trump and cutting newsroom staff, threatening the paper’s independence and its role as a check on power; the author calls for Bezos to sell the paper to an owner willing to defend democracy and newsroom integrity.

via The Bulwark|

#jeff-bezos #layoffs #media-ownership

media24 days ago•5 min saved

Bezos’s stewardship at the Washington Post is at a tipping point

Margaret Sullivan argues Jeff Bezos’s ownership is harming the Washington Post’s editorial independence and staff morale, with layoffs and a perceived shift to a right-leaning stance that has eroded reader trust and talent; she urges Bezos to reverse course to preserve the paper’s legacy and its role as a democratic watchdog.

via The Guardian|

#bezos #editorial-independence #media

media-and-politics2 months ago•6 min saved

CBS News Expands Town Halls and Debates on Key Social Issues

The article critiques CBS's new debate series 'Things That Matter,' funded by Bank of America and led by Bari Weiss, highlighting concerns about media bias, influence of wealthy elites like the Ellison family, and the focus on controversial topics like feminism, which the author suggests may serve the interests of powerful conservative figures rather than genuinely addressing women's issues.

via The Guardian|

#bari-weiss #cbs #ellison-family

media-and-journalism2 months ago•4 min saved

Media Failures in Holding Power Accountable in 2023

The article criticizes the blurring lines between advertising, public relations, and journalism, highlighting how media outlets are increasingly influenced by billionaires and political interests, which compromises their role in holding power to account. It emphasizes the importance of independent journalism, exemplified by the Guardian, in defending free speech and truth against corporate and political manipulation.

via The Guardian|

#journalism-ethics #media-and-journalism #media-integrity

entertainment4 months ago•2 min saved

Jon Stewart Expresses Desire to Continue as 'The Daily Show' Host

Jon Stewart expressed his desire to stay at 'The Daily Show' beyond his current contract, emphasized the importance of resisting media pressure, and encouraged fighting for better information and integrity in journalism amid changing media landscapes and political pressures.

via CNN|

#entertainment #free-speech #jon-stewart

business4 months ago•10 min saved

Larry Ellison's Media Empire and Global Influence

The Ellison family, led by billionaire Larry Ellison and his son David, is building a vast and diverse media empire through major deals involving CBS, Paramount, TikTok, and online media, with plans to influence the future of U.S. business and culture, amid political and cultural shifts.

via The Washington Post|

#business #cbs-news #ellison-family

politics5 months ago•5 min saved

Controversy and Control: The Real Story Behind TikTok's $14 Billion Deal

The article discusses President Trump's complex deal to create an American-controlled version of TikTok, involving major investors like Oracle, Murdoch, and Dell, which raises concerns about increased billionaire influence over U.S. media and the potential impact on misinformation and free speech. Despite claims of protecting user data, the deal may actually deepen American billionaire control over digital platforms, with implications for political discourse and information flow.

via Salon.com|

#chinese-manipulation #media-ownership #politics

business6 months ago•5 min saved

Shari Redstone's Paramount Exit Highlights Strategic Shifts and Challenges

The Redstone family's control over Paramount and CBS has ended with the sale of Paramount Global to David Ellison's Skydance Media for about $8 billion, marking a significant shift in the media landscape and concluding a tumultuous era for the Redstone legacy.

via Variety|

#business #cbs #media-ownership

media-and-technology6 months ago•3 min saved

Paramount's New Era Under Skydance Begins with Leadership Changes and Strategic Shifts

David Ellison, now head of a newly acquired Paramount, avoids discussing political issues related to Trump and the company's past dealings, emphasizing a move beyond controversy despite ongoing scrutiny from lawmakers and the public.

via Business Insider|

#david-ellison #media-and-technology #media-ownership

media-and-journalism7 months ago•4 min saved

Media Companies’ Responses to Political and Legal Pressures Revealed by New Index

The Free Press organization released the 'Media Capitulation Index,' ranking 35 major media and tech companies from vulnerable to propaganda, highlighting concerns over corporate and billionaire influence on media independence, with Bloomberg and Netflix earning the highest marks for independence.

via Nieman Lab|

#corporate-influence #free-press #independence

media-and-journalism7 months ago•3 min saved

Media Companies Cower Under Trump’s Pressure, Reveals New Index

The Free Press Media Capitulation Index reveals that many of the largest U.S. media companies are compromising their independence and failing to defend democracy by caving to pressure from the Trump administration, through financial ties, censorship, and political favors, with only a few like Bloomberg and Netflix maintaining independence. The report warns this trend threatens the integrity of the free press and offers policy recommendations to restore media independence and accountability.

via freepress.net|

#democracy #media-and-journalism #media-capitulation

business7 months ago•2 min saved

Los Angeles Times to Go Public, Says Owner Patrick Soon-Shiong

The Los Angeles Times will become a publicly traded company, announced by owner Patrick Soon-Shiong, aiming to democratize ownership and rebuild trust in media, with the transition expected over the next year.

via Variety|

#business #los-angeles-times #media-ownership

entertainment7 months ago•2 min saved

Late-Night TV Faces Uncertainty Amid Show Cancellations and Industry Changes

Jon Stewart expressed uncertainty about the future of The Daily Show amid the ongoing merger between Skydance Media and Paramount Global, which could impact the show's ownership and continuation. The merger is still pending regulatory approval, and Stewart highlighted the show's significance to Comedy Central, while also noting the broader industry uncertainties following CBS's cancellation of The Late Show with Stephen Colbert.

via The Hollywood Reporter|

#entertainment #jon-stewart #media-ownership