T-Mobile And Sprint Shares Rise On Report Of “Active Talks” About A Merger

Shares of Sprint and T-Mobile are up in midday trading following a CNBC report that the companies are in “active talks” about a merger.
They’re said to be looking at a stock-for-stock deal that would leave T-Mobile owner Deutsche Telekom in control of the combined company, with T-Mobile’s colorful CEO John Legere running operations. Sprint is controlled by Japan’s Softbank and would have a loud voice in the merged company’s affairs.
An agreement is “weeks away,” CNBC’s…

Shares of Sprint and T-Mobile are up in midday trading following a CNBC report that the companies are in “active talks” about a merger. They’re said to be looking at a stock-for-stock deal that would leave T-Mobile owner Deutsche Telekom in control of the combined company, with T-Mobile’s colorful CEO John Legere running operations. Sprint is controlled by Japan’s Softbank and would have a loud voice in the merged company’s affairs. An agreement is “weeks away,” CNBC’s…

Herb Scannell Tapped To Be CEO Of Mitú, Latino-Focused Video Producer

Mitú, an English-language digital channel that targets young Latinos, may turn some heads today with the announcement of its new CEO: It landed Herb Scannell, a well-known exec from his history as president of Nickelodeon, co-founder of Next New Networks, and president of BBC Worldwide North America.
He will work in Los Angeles, where Mitú is based. Scannell may be best-known for his decade at Nickelodeon, ending in 2006, where he oversaw the creation of franchises…

Mitú, an English-language digital channel that targets young Latinos, may turn some heads today with the announcement of its new CEO: It landed Herb Scannell, a well-known exec from his history as president of Nickelodeon, co-founder of Next New Networks, and president of BBC Worldwide North America. He will work in Los Angeles, where Mitú is based. Scannell may be best-known for his decade at Nickelodeon, ending in 2006, where he oversaw the creation of franchises…

‘Star Wars’ Will Receive Promotional Help From Tie-Ins With Six Major Brands

Six major brands including General Mills, Nissan, Verizon, and Vizio hope to feel The Force in December when Disney releases Star Wars: The Last Jedi.
The companies plus fashion designer Christian Louboutin and health technology maker Royal Philips plan “an extensive global promotional campaign” to support the movie, Disney’s Lucasfilm says today. They will include “specific, custom-designed campaigns and innovative programs” to “complement the overall marketing campaign.…

Six major brands including General Mills, Nissan, Verizon, and Vizio hope to feel The Force in December when Disney releases Star Wars: The Last Jedi. The companies plus fashion designer Christian Louboutin and health technology maker Royal Philips plan “an extensive global promotional campaign” to support the movie, Disney’s Lucasfilm says today. They will include “specific, custom-designed campaigns and innovative programs” to “complement the overall marketing campaign.”…

NBCU Taps Claire Atkinson To Lead New Media Business News Team

The business of media business news is about to become a lot more competitive. NBCUniversal says this morning that it has hired Claire Atkinson to be senior media editor leading its first team to monitor the industry for NBC News, MSNBC, and NBCNews.com.
The indefatigable former New York Post media business reporter will report to NBC News Digital Executive Editor Catherine Kim. The name of the unit will be announced “soon,” the company says.
“We’re in a time where the…

The business of media business news is about to become a lot more competitive. NBCUniversal says this morning that it has hired Claire Atkinson to be senior media editor leading its first team to monitor the industry for NBC News, MSNBC, and NBCNews.com. The indefatigable former New York Post media business reporter will report to NBC News Digital Executive Editor Catherine Kim. The name of the unit will be announced “soon,” the company says. "We're in a time where the…

Scripps Networks CEO Could See $91.6M Golden Parachute In Sale To Discovery

Scripps Networks CEO Ken Lowe could enjoy a $91.6 million golden parachute from his company’s agreement to sell to Discovery Communications, according to an SEC filing today.
His package would consist of $20.0 million in cash severence, $37.4 million in equity, $9.1 million from pension enhancements, $174,605 in benefits, and a $24.9 million tax gross-up.
Scripps shareholders will have a chance to air their view of the payout in an SEC-mandated advisory vote on the golden…

Scripps Networks CEO Ken Lowe could enjoy a $91.6 million golden parachute from his company’s agreement to sell to Discovery Communications, according to an SEC filing today. His package would consist of $20.0 million in cash severence, $37.4 million in equity, $9.1 million from pension enhancements, $174,605 in benefits, and a $24.9 million tax gross-up. Scripps shareholders will have a chance to air their view of the payout in an SEC-mandated advisory vote on the golden…

Les Moonves Snipes At Disney, Fox As He Talks Up Digital And International Plans

CBS is eying digital subscriptions and international expansion, at least based on CEO Les Moonves’ comments this morning at the Goldman Sachs Annual Communacopia Conference.
Indeed, he told investors that the growth of digital streaming helps to set CBS apart from the pack, mostly due to its strategy to produce shows for multiple platforms — including sometime rivals such as Netflix.
“When Bob Iger says ‘Oh, we’re going to be flat.’ Or Comcast says, ‘Our subs are…

CBS is eying digital subscriptions and international expansion, at least based on CEO Les Moonves’ comments this morning at the Goldman Sachs Annual Communacopia Conference. Indeed, he told investors that the growth of digital streaming helps to set CBS apart from the pack, mostly due to its strategy to produce shows for multiple platforms — including sometime rivals such as Netflix. “When Bob Iger says ‘Oh, we’re going to be flat.’ Or Comcast says, ‘Our subs are…

Verizon CEO Says He Has “Moved On” From Eyeing A Cable Deal

Verizon isn’t interested in buying a cable operator, having determined that their fiber-optic line infrastructure “isn’t there,” CEO Lowell McAdam told an investor gathering this morning.
“We’ve moved on,” he said at the Goldman Sachs Annual Communacopia Conference. “For the future that we see, you’re going to have to have deep fiber into the network…I’d rather just put in the fiber.”
That may quash the speculation that Verizon would try to pick up Charter Communications…

Verizon isn’t interested in buying a cable operator, having determined that their fiber-optic line infrastructure “isn’t there,” CEO Lowell McAdam told an investor gathering this morning. “We’ve moved on,” he said at the Goldman Sachs Annual Communacopia Conference. “For the future that we see, you're going to have to have deep fiber into the network…I'd rather just put in the fiber.” That may quash the speculation that Verizon would try to pick up Charter Communications…