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Your Media Morning: The Race For Time Inc Heats Up, Conde Nast Eying Hollywood Reporter, Fake Online News Will Save Print Magazines?

WAS DISNEY REALLY EVER SEARCHING FOR A NEW CEO?
Well it looks like Disney CEO Bob Iger will be staying on longer past his 2018 departure date. Apparently the Disney board "can't find" anyone to groom for the top job.
WAIT... SAY WHAT NOW?
"I think there's way too much pessimism about ESPN because ESPN is still in demand"
DISNEY CEO BOB IGER ON ESPN'S FUTURE
CONDE NAST TRIED TO BUY THE HOLLYWOOD REPORTER AND BILLBOARD, WILL PROBABLY TRY AGAIN
Recent reports put Janice Min who announced she is stepping down as President and Chief Creative Officer of Billboard and Hollywood Reporter magazines at Conde Nast headquarters. Well we may finally know why as Dylan Byers reports that Conde Nast entered into negotiations with Billboard/Hollywood Reporter parent company Eldridge Industries several months back

MOTHER JONES NAMED MAGAZINE OF THE YEAR AT THE NATIONAL MAGAZINE AWARDS
Mother Jones was named magazine of the year on Tuesday for finding “new ways to engage audiences and continue its practice of fearless journalism,” the sponsors of the National Magazine Awards announced. New York magazine and The New York Times Magazine each won three awards: New York for magazine section, video and single-topic issue, and The Times Magazine for feature writing, essays and criticism, and public interest.

DISNEY CEO BOB IGER IS NOW OPEN TO STAYING ON AFTER HIS CONTRACT EXPIRES NEXT YEAR, BUT WAS HE REALLY EVER LEAVING?
Was he ever really leaving? Walt Disney Co. Chief Executive Robert Iger opened the door Tuesday to the possibility of remaining head of the Burbank entertainment giant longer than previously planned. Iger said he was “open” to the prospect of remaining CEO after his contract ends in June 2018 — if the company’s board of directors decides that is the best course.
JANICE MIN'S FUTURE, HOLLYWOOD STUDIO EXEC?
On the THR/Billboard Media Group front, the speculation is that owner Todd Boehly, whose Eldridge Industries spun the titles out of Guggenheim Media in December 2015, is interested in selling but needed to move some of Min’s seven-figure salary off the books. There is also speculation that Hollywood executives — who got to know her abilities first-hand as she covered the town — may offer her some sort of studio job.

MEDIA CONSULTING FIRM MEDIALINK ACQUIRED BY CANNES LIONS AD FESTIVAL OPERATOR ASCENTIAL
Michael Kassan, a former IPG ad agency boss who branched into consulting in 2010, will sell his firm for more than $200 million upon reaching certain earn-out targets, the companies said. The initial cash consideration in the deal totals $69 million. MediaLink organizes professional meet-and-greets and parties at events as diverse as Cannes Lions, CES and Sundance, and advises on all things from marketing pitches to digital media.
IS BUZZFEED ABOUT TO BE GAWKERED?
BuzzFeed’s decision to publish the dossier containing unconfirmed material will be tested in court. On Friday, Aleksej Gubarev, the Russian-born chief executive of tech firm XBT, sued BuzzFeed for defamation. The published dossier included an allegation that Gubarev and his company had, under duress by Russian intelligence, helped hack the Democratic Party.

WILL FAKE NEWS AND CLICKBAIT ONLINE DRIVE CONSUMERS BACK TO THE SAFETY OF PRINT MAGAZINES? MPA PRESIDENT LINDA THOMAS BROOKS THINKS SO
“I think this could be the year of magazine media.” The reason, explains Brooks, is that the industry is experiencing a unique moment where both consumers and marketers are rediscovering the value of credible media brands. For consumers who were pummeled with fake news throughout the election cycle, finding a brand that will provide reliable information is of increasing importance, and many are willing to pay for content that they can trust.

APPLE IS BETTING THAT AMAZON'S TIMOTHY D. TWERDAHL CAN PUMP SOME LIFE INTO APPLE TV
Apple Inc. has hired Timothy D. Twerdahl, the former head of Amazon.com Inc.’s Fire TV unit, as a vice president in charge of Apple TV product marketing and shifted the executive who previously held the job to a spot negotiating media content deals. The moves suggest a renewed focus on the Apple TV and on providing more content for the device, an effort that has been stalled in the past by failed negotiations.

MARVEL ENTERTAINMENT'S RECLUSIVE CEO IS REALLY COMING OUT OF HIS SHELL
The ascendency of Donald Trump has Marvel chairman Isaac "Ike" Perlmutter coming out of his shell with a public appearance, of all places, at MacDill Air Force Base in Tampa, Fla., headquarters of the U.S. Central Command. On Monday, Perlmutter appeared there alongside Trump, White House National Security Adviser Michael Flynn, Chairman of the Joint Chiefs of Staff Gen. Joseph Dunford and top aides including Steve Bannon and Stephen Miller.Until recently, Perlmutter's only known photo was one from decades ago. In fact, he's gone to lengths to hide his face. Famously, he once appeared at the premiere of Iron Man in disguise. On Dec. 28, 2016, however, a photograph of the exec was taken at a Trump event. Now, there's video of Perlmutter.

YOUTUBE LAUNCHES LIVE MOBILE STREAMING TO USERS WITH MORE THAN 10,000 SUBSCRIBERS ONLY
Alphabet Inc's YouTube said it was rolling out live streaming from mobile devices for users with more than 10,000 subscribers, adding a feature that will help them make money, as it takes on Facebook Live. Any fan watching a live stream would be able to purchase chat messages that are highlighted in bright colors and stay pinned to the top of the chat window for up to five hours.

NETFLIX IS STEPPING INTO DISNEY TERRITORY WITH PLANS FOR MERCHANDISE BASED ON ITS SHOWS
Netflix is looking to hire an exec to oversee the licensing of shows for books, comics and toys, and forge partnerships with retailers, according to a job posting on the company’s website. Netflix has also asked partners for a share of consumer products made off of shows released by Netflix but owned by other TV studios.

TIME INC'S SPORTS ILLUSTRATED ENJOYING SOME SOCIAL MEDIA BUZZ THANKS TO CHRISTIE BRINKLEY
The year's Sports Illustrated Swimsuit Issue is a family affair for Christie Brinkley and her two daughters. The timeless beauty who turned 63 this month, shared an Instagram Monday night posing in the water next to her daughters, Alexa Ray Joel, 31, and Sailor Brinkley Cook, 18. Brinkley previously graced three consecutive covers of the magazine's issue dedicated to swimwear in 1979, 1980, and 1981.


-Good Morning
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Your Media Morning: The Race For Time Inc Heats Up, Conde Nast Eying Hollywood Reporter, Fake Online News Will Save Print Magazines? Reviewed by Editor on Wednesday, February 08, 2017 Rating: 5
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