By Keith J. Kelly on Apr 20, 2021 07:29 pm
Time is rapidly running out for hotel mogul Stewart Bainum to play white knight for the New York Daily News and other newspapers in the Tribune empire. The special committee overseeing competing bids to buy the publisher have set May 21 as the date for shareholders to decide who will own the Chicago Tribune, the...
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By Alexandra Steigrad on Apr 20, 2021 06:36 pm
Shares of Netflix were walloped on Tuesday after the company said it added 4 million net subscribers globally in the first three months of the year, falling short of Wall Street’s expectations of 6.2 million new subscribers. The streaming giant behind hit shows like “Bridgerton,” “Cobra Kai” and “Big Mouth,” disappointed investors further when it...
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By Keith J. Kelly on Apr 20, 2021 05:24 pm
New York Times journalists want the company to bring in “Ally McBeal”-style gender neutral bathrooms and to retroactively revise the bylines of transgender journalists who have changed their names. Those are the issues topping the list of demand by the Gray Lady’s unionized editorial staffers as negotiations kick off for a new contract, Media Ink...
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By Keith J. Kelly on Apr 20, 2021 02:30 pm
The media world will get its unofficial cafeteria back on Wednesday when Michael McCarty reopens Michael's Restaurant.
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By Alexandra Steigrad on Apr 20, 2021 01:54 pm
House Dems are urging the Biden administration to launch an investigation into the decade-old Live Nation-Ticketmaster merger.
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By Associated Press on Apr 20, 2021 11:22 am
PARIS — There's been a "dramatic deterioration" of press freedom since the pandemic tore across the world, Reporters Without Borders said in its annual report published Tuesday. The group's new World Press Freedom Index, which evaluated the press situations in 180 countries, painted a stark picture and concluded that 73 percent of the world's nations...
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By Alexandra Steigrad on Apr 20, 2021 11:18 am
Ari Emanuel’s entertainment giant Endeavor said Tuesday that it is hoping to raise $511.2 million in an initial public offering that will value the Beverly Hills, Calif.-based company at more than $10 billion. Endeavor, which owns just over half of the Ultimate Fighting Championship, as well as the Hollywood agency WME and the Miss Universe...
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By Rebecca Rosenberg on Apr 20, 2021 10:53 am
The owner of the Daily Mail has filed an antitrust suit against Google in Manhattan federal court, alleging that the company manipulates search results based on how much publishers spend on advertising with the search engine giant. "This lawsuit is to hold Google to account for their continued anti-competitive behavior including manipulation of ad auctions...
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