Tag: Media Business
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Elon Musk Removes Verified Checkmark From The New York Times
Musk claimed that the "tragedy" of the account "is that their propaganda isn't even interesting".
Wall Street Journal Reporter Detained in Russia, Accused of Espionage
“The Wall Street Journal vehemently denies the allegations from the FSB and seeks the immediate release of our trusted and dedicated reporter, Evan Gershkovich."
Nielsen Canceling Radio Ratings In Seven Small Markets
The decision marks the first time the company has cancelled ratings reports for a market since ending collection of data for nine markets in 2020.
Audacy Promotes Jenna Weiss-Berman to Executive Vice President of Podcasts
“We have a real opportunity to build a cohesive podcast brand that is greater than the sum of its parts, and I look forward to all that's ahead.”
Audacy Plans Reverse Stock Split to Remain on NYSE
“While price of our common stock might meet the continued listing requirements for the NYSE initially, it cannot be assured that it will continue to do so.”
Red McCombs, Clear Channel Co-Founder, Dies
“Red was a visionary entrepreneur who touched many lives and impacted our community in immeasurable ways.”
News Corp. Eliminating 5% of Workforce
"A ... reduction around 1,250 positions this calendar year will create a robust platform for future growth.”
Bob Iger Open to Selling Disney’s Stake in Hulu
“Everything is on the table right now, so I am not going to speculate whether we are a buyer or a seller of it."
Disney Planning Mass Layoffs
Bob Iger has stated that the job cuts are part of a broader plan to make Disney's streaming business profitable and save $5.5 billion in costs.
Soledad O’Brien to Host 2023 Golden Mike Ceremonies
"Combined with her philanthropic endeavors, she is the perfect person to host our special evening.”