According to Reuters, those bids are expected to be in the $3.5 billion to $4 billion range. The due date for the bids is May 8.
Landmark Communications, owner of the Weather Channel, CBS and NBC did not want to comment on the latest development.
A blog about Latinos in the media and the issues that affect the business
Landmark Communications, owner of the Weather Channel, CBS and NBC did not want to comment on the latest development.
Univision anchor Jorge Ramos will be honored tonight with a Distinguished Citizen Award from the Commonwealth Club in San Francisco.The S.F. Chronicle today printed an interview with Jorge about the growing influence of Latinos in American politics.
The News & Observer of
Only full-time employees working in positions that could be eliminated using technology, efficiencies or consolidation of jobs are deemed eligible for the buyout offers. It's expected only 3 to 5 jobs will be cut in the newsroom.
LATV today announced a distribution partnership with Tribune Broadcasting. The deal gives the digital bilingual/bicultural entertainment and music network an entry into
In just days a few days, LATV will celebrate its one-year anniversary as the nation’s first bilingual network distributed via digital multicast.
According to TVNewsday,
Almost two years after The WB was dissolved to make way for the CW, the Warner Bros. TV group announced the disappeared network is being relaunched... but on the internet.
TheWB.com will be a new free, video-centric Web site where viewers can see old WB hit series, such as "Buffy the Vampire Slayer" as well as network hits from the company’s library, including NBC's "Friends." It will initially roll out as a private beta site before going public in late August.
Mediaweek reports there's speculation that the new Warner Web destination could serve as the foundation for a future cable or broadcast network – especially, if the CW fails. But WB's TV group president says execs are committed to the CW.
According to the OC Register, in this round of layoffs managers protected basic reporting and editing staff. They targeted high salary employees, in order to lay-off fewer people. The company has tried other cost reduction measures to avoid layoffs. Earlier this year, the OC Post was cut back from a six to a three-day-a-week tabloid and the Register newspaper's business coverage was merged inside the main news section, eliminating the Business Monday tabloid.
SBS named Luis Roldan Senior Vice President and General Manager of MEGA TV in Puerto Rico. He will oversee the retransmission of Mega TV on WSJU-TV (Channel 30).Until recently, Luis was President and General Manager for WKAQ-TV, Telemundo’s station in
Jacqueline Llamas, weekend anchor at KWHY-22 accepted a buyout. Her last day on the job is tomorrow, although she will not be on the air.
Rebecca Aguilar, suspended for five months from her job and subsequently fired, has begun legal proceedings against Fox 4. Yesterday, she filed a formal complaint against the Dallas station with the federal Equal Employment Opportunity Commission.
Al Corral, who has been news director of Telemundo's KVEA-52 in Los Angeles since 2001, resigned from the job yesterday. His last day is May 2nd.Beginning April 28, t
The news expansion takes advantage of the duopolies in those cities. By adding the news hour on Telefutura, the local stations will not interrupt "Despierta América," which runs from 7 to 10 am.
"Mas Vale Tarde con Alex Cambert" is history. Telemundo network pulled the plug on its Thursday-night talk show after six months of low ratings. The show made its debut on Nov. 29 of last year, side-stepping November sweeps.http://www.scpr.org/news/stories/2008/04/22/08_salazar_stamp_042208.htm
The joint venture would allow Newsday and News Corp's money-losing New York Post, to combine back office operations, reducing about $50 million in annual losses for the Post. The deal would allow Tribune to keep a small stake in the company.
Starting May 5, you can hear celebrity blogger Perez Hilton on ABC Radio Networks. "Radio Perez" will hit the airwaves with a daily two-minute morning and afternoon celebrity and entertainment news update.
Mari Alvarez is leaving her anchor/reporter job at KTSM in A
38 years after his death while covering an anti-war demonstration, Rubén Salazar will be getting national recognition... on a stamp.1. Google’s sites had 3.6 billion videos viewed (96% from YouTube.com)
2. Fox Interactive Media - 586 million videos (539 million videos served by MySpace.com)
3. Yahoo’s and Microsoft’s video sites - both with 293 million (2.9% each) videos
4. Viacom Digital (218.0 million)
The list of finalists for the second annual Medallas de Cortez awards was released by Radio Ink. The award, which recognizes outstanding achievement in Hispanic radio, is named in honor of Raoul Cortez, who founded KCOR-San Antonio in 1946. According to Radio Ink, it was the
Among the finalists for Broadcaster of the year: Maria De Leon, KXTD-AM in Tulsa; Pablo de Jesus Colon Jr. and Migdalia Colon, Radio Cumbre Broadcasting in Bridgeport, CT and Felipe Chavez , Bustos Media in Sacramento.
Winners will be announced at the Radio Ink Hispanic Radio Conference in May.
NBC5 announced they have added Jennifer Lopez to their news team. Her first day on the job as the early morning meteorologist is June 16th.A native of
Fox-11 reporter Christina Gonzalez is suing the city of Los Angeles and its police department. In the suit, filed Friday in Los Angeles Superior Court, Christina alleges negligence and assault and battery. She is asking for unspecified general, triple and punitive damages, after suffering "shock and injuries to her nervous system" and "severe emotional distress" during the LAPD's May Day melee in MacArthur Park last year."I have no tangible, post-Newsweek plans," he tells me, "though I hope to remain in the business as a foreign correspondent, preferably in Latin America. That may prove to be a very tall order, however. "
During his Newsweek career, Joe has worked as Miami, Jerusalem, Johannesburg, Mexico City and Buenos Aires bureau chief.
Joe is a Harvard grad ande has an M.S. in International Relations from the London School of Economics.
WSNS-44 is expanding its news coverage. Starting next Monday, April 21, the Telemundo station in Chicago will be producing a 10:30 am newscast. Tsi-Tsi-Ki Felix will anchor the show. She will continue her anchor duties at 5 pm.
Geraldo Rivera will deliver the keynote address at Radio Ink's Hispanic Radio Conference on May 19.
Milly Santiago, who until August of last year worked as reporter for Telemundo-44 in Chicago, has landed a new job... at the governor's office.Yahoo, who has been resisiting Microsoft, has been talking to Time Warner and News Corp, looking for ways to stay independent. So it must come as a surprise that News Corp is talking with Microsoft - especially when Murdoch offered Yahoo CEO Jerry Yang his help in fighting off Microsoft. None of the companies are commenting on this turn of events.
Meanwhile, Yahoo yesterday suggested it might be willing to cede part of its core business to Google, to remain independent. For starters, in a 2-week test, it will outsource a small portion of its search advertising to Google to see if they can get more revenue if Google ran the advertising system.
Stay tuned...
Nielsen said the cuts were company-wide, and part of its restructuring plan to reduce the overall headcount at by 4,000.
Mirthala Salinas, the Telemundo anchor/reporter who was at the center of the romantic scandal with Mayor Antonio Villaraigosa is on the May cover of Los Angeles Magazine. She talks about the affair with the Mayor, how it came about and the impact on her career.Microsoft’s Jan. 31 offer was first valued at $44.6 billion, but has fallen to just over $42 billion after a drop in the price of Microsoft’s shares.
Weekend sports anchor Derek Castillo is calling it quits at NBC5 in "I just couldn't do another contract working the weekends," Derek told Ed Bark, who added his decision to leave was to dedicate more time to his wife and 8 yr-old son. He says he’s leaving NBC5 on good terms and hopes to stay in the business.
Derek arrived to NBC5 in July 2001 from WCAU-TV in
39 yr-old Junot Diaz won the Pulitzer prize for fiction for his novel "The Brief Wondrous Life of Oscar Wao."The novel, which also won the National Book Critics Award earlier this year, revolves about Oscar, an obese comics fan and his dysfunctional Dominican family.
"I am in disbelief," Junot told the Daily News yesterday. This is his first novel. He has also published a story collection, "Drown." His work has also appeared in The New Yorker and The Paris Review.
Until Monday, Oscar Hijuelos was the only U.S. Latino writer to ever receive the Pulitzer Prize in literature, for “The Mambo Kings Play Songs of Love,” published in 1989.
La Estrella in Fort Worth is history - publishing its final edition on April 25th. The 14 yr-old publication, originally a Knight-Ridder and now a McClatchy property, will be merged with the home-delivered entertainment and sports-focused weekly La Estrella en Casa starting May 2nd.La Estrella started as a weekly insert in the Star-Telegram. It evolved into a twice weekly stand-alone publication and went to five days a week when Belo launched Al Día in the same market. Last year, it was downsized to twice weekly and then to once a week.
Wortel said some La Estrella staff members will be reassigned within the Star-Telegram.
The discussions are allegedly being led by CBS News President Sean McManus and Jim Walton, president of CNN.
There's some good news in the midst of all the layoff gloom...
Carolina García is the new Executive Editor of the Los Angeles Daily News, the newspaper’s publisher announced today. She moves to Just last month, the 150,000-circulation Daily News laid off 100 employees, including reporters, photographers, editors and library and clerical staffers.
Michael Ramirez was among today's Pulitzer winners for Editorial Cartooning. It's not his first. He picked up a Pulitzer in 1994.
Telemundo has named Jacqueline Hernandez as its Chief Operating Officer. In the newly created position, Jacqueline will be responsible for all domestic revenue and marketing; digital media and emerging platforms; mund2, Telemundo's Latino-youth cable network; affiliate relations; and all research functions.$70 billion in revenue - that's a lot of dough! And it just goes to show how media consumer habits are changing. Because, according to an Insight Research report, those $70 billion will be generated bystreaming video and music over the next six years.
ANDY ROSA ADLER was named weekend Sports Anchor for Fox 5 (WNYW) in New York. Before covering sports, she was the Web reporter for MYFoxNY.com and an entertainment contributor for Fox 5 and My9 News (WWOR).
Viviana Hurtado leaves her reporter job at Al-Jazeera English to become a Washington, D.C. correspondent for ABC NewsOne.
Javier Saralegui, president of Univision Online since 1999 when the division was created, resigned Tuesday. AdAge reports Univisión released a statement indicating Javier will "pursue other opportunities." Before taking the helm of Univision Online, Javier was president at Galavisión.
He tried, but lost. Former radio host Gil Sanchez, who competed against 7 others for the Anchorage school board, did not win in Tuesday's election. According to what Gil told me a few days ago, he would have been the first Latino elected to that board."They're fighting a continued fragmentation of the market," says Papper." Just as newspapers have found out, there are a lot more places to go to get news."
While station spokespeople may argue the cutbacks won't affect the station's coverage, experts like Papper doubt it. Less people... and less experienced journalists, covering more.
What do you think? Leave a comment.
The McClatchy Co.'s revenue has dropped 13.2 % in the first months of 2008, prompting its credit rating to be lowered again Tuesday. Last year, the company's revenue fell by almost 8% and the company's stock price plunged, losing about two-thirds of its value. However, CEO Gary Pruitt made $4.6 million in total compensation in 2007. Well... that's $1 million less than in 2006, when McClatchy bought the Knight-Ridder papers.
Mmmmm... that's still not bad, considering all the cuts in the industry to "save money."
Moody's downgrade takes McClatchy deeper into non-investment grade, or junk bond, status.
The CBS station in L.A. was not immune from the nation-wide, cost-cutting layoffs... and news of the casualties came in late in the day on Tuesday.
"When I walked in, they told me it was going to be a bad day in the newsroom," Manny Ramos told the S.F. Chronicle. "Then they told me it was going to be a bad day for me, too."Anchor Maria Arita, who joined CBS11 in Dec. 2003, was also laid-off, but on Friday. She co-anchored the station's first high-definition newscast. She previously worked as general assignment reporter for the NBC station in Dallas, for E! News Daily and hosted the nationally-syndicated show "Hispanics Today."
I reported earlier this morning that Rafael Romo, a reporter at WBBM-2 in Chicago was also a casualty.
Gil Sanchez, who started a Spanish-language newscast at KSKA in Alaska 17 years ago, is running for the Anchorage school board.
Rafael Romo is one of 18 casualties announced at the CBS O&O in Chicago. He started working at the station on March of 2004. The layoffs, according to chicagotribune.com, are effective immediately. Among them, also $2 million a year anchor Diann Burns.