Bloomberg Businessweek Apologizes for 'Racist' Cover
March, 01, 2013 8:29 am | Comments On #Bloomberg BusinessWeek, BusinessWeek, magazine cover, Media, racismBloomberg Businessweek has apologized after its latest cover, showing black and Latino people wallowing in cash, drew offense at what many saw as racist depictions.
The cover was for a story entitled "The Great American Housing Rebound," which describes a return to the aggressive mortgage lending practices that created the last housing bubble.
"Our cover illustration last week got strong reactions, which we regret," Josh Tyrangiel, the magazine's editor, said in a statement. "Our intention was not to incite or offend. If we had to do it...
Read MoreNBC Universal Wants a Freelance Production Assistant -- 65 Hours/Week, No Benefits
February, 27, 2013 1:47 pm | Comments On #freelance, jobs, Media, NBC Universal, NBCUniversalDon't all jump at once, but NBC Universal wants a freelancer willing to work at least 65 hours a week with no benefits.
The media giant posted an ad on Craigslist looking for a temporary booking production assistant for "The Steve Wilkos Show."
By Wednesday afternoon NBC took down the ad after receiving a call from a reporter at TheWrap, an NBC spokeswoman said.
But the job is still open.
The gig requires the candidate to stay on the job for up to one year, live in the Stamford, Conn. area and start immediately.
Assistants are responsible for booking stories and coordinating guests for the...
Read MoreSEC Investigating Guggenheim Partners' Relationship With Michael Milken
February, 27, 2013 11:18 am | Comments On #Guggenheim Partners, Media, michael milken, SECGuggenheim Partners, the multibillion-dollar firm that owns the Hollywood Reporter and the Los Angeles Dodgers, is facing a Securities and Exchange Commission investigation into its relationship with former junk-bond trader Michael Milken, Fortune magazine reported.
In a March 18 cover story, Fortune found that the federal agency is examining whether Milken, who agreed to a lifetime ban from the securities industry, is trading bonds with the $170 billion-strong Guggenheim.
A spokeswoman for the SEC declined to comment to TheWrap saying: "We can neither confirm nor deny the existence...
Read MoreMichael Moore, '5 Broken Cameras' Director Hit Back at BuzzFeed LAX Story (Updated)
February, 27, 2013 7:29 am | Comments On #5 Broken Cameras, buzzfeed, LAX, Media, Michael MooreMichael Moore and Palestinian director Emad Burnat are hitting back at a recent BuzzFeed story that questioned their accounts of an incident with U.S. Customs and Border Protection last week at Los Angeles International Airport.
Last week, Burnat, the Oscar-nominated director of "5 Broken Cameras," said he was detained by officials and threatened with deportation when he could not produce proof that he had been invited to the Academy Awards. Moore said he intervened on Burnat's behalf and enlisted lawyers from the...
Tribune Co. Hires Bankers to Sell LA Times, Chicago Tribune, Other Papers
February, 26, 2013 11:57 am | Comments On #Los Angeles Times, Media, tribuneTribune Co. has hired investment bankers to sell off its newspaper unit, which includes The Los Angeles Times and Chicago Tribune, according to a person familiar with the situation.
The company has hired Evercore and J.P. Morgan to run an auction for the newspapers, the person said.
Tribune, J.P. Morgan and Evercore declined to comment.
A move to sell the newspapers has been widely expected since Tribune emerged from a four-year bankruptcy process late last year.
Tribune's new chief executive and some of its board directors have broadcasting backgrounds. CEO Peter Liguori, for instance, held top jobs at Discovery Communications and Rupert Murdoch's News Corp.
Tribune'...
Read MoreVariety Names 3 New Editors in Chief, Dropping Daily Edition
February, 26, 2013 6:58 am | Comments On #MediaVariety's new owner has named three new editors in chief and announced the end of the paper's daily edition, which will be replaced by a once-a-week Tuesday issue.
Claudia Eller, Cynthia Littleton (below left) and Andrew Wallenstein (below right) will oversee coverage of film, television and digital content, respectively. Tim Gray, who has been with Variety for 31 years, most recently as editor-in-chief, will stay on to oversee expanded international coverage and other special projects, the paper reported.
The new print edition will debut March 26. Variety...
Read MoreTesla CEO Claims NY Times Review Cost Company About $100M
February, 25, 2013 2:31 pm | Comments On #elon musk, Media, new york times, NY Times, NYT, teslaElon Musk, the Tesla CEO battling the New York Times over a negative review of his Model S car, has said the bad press may have reduced the company's value by $100 million.
Speaking on Bloomberg TV, Musk said "a few hundred" of customers canceled orders for the luxury electric car after a review by John M. Broder, a veteran Times reporter, claimed the car's battery petered out during an East Coast trip in freezing weather.
"It probably affected us to the tune of tens of millions, to the order of $100 million, so it's not trivial," Musk said during the segment. "I would say that refers more to the valuation of the company. It wasn't as though there were 1,000 cancelations just due to The New York Times article. There were probably a few hundred."
Also read: ...
Read MoreThe Hollywood Reporter's Offices Evacuated Over Suspicious Powder
February, 25, 2013 11:36 am | Comments On #hollywood reporter, la, Los Angeles, Media, THRThe Hollywood Reporter said it evacuated its Los Angeles office on Monday morning after the magazine received an envelope containing an unidentified white powder, a Los Angeles Police Department spokeswoman told TheWrap.
Guggenheim Digital Media CEO Ross Levinsohn emailed all employees in the mid-Wilshire office instructing them to head to the building's courtyard while Los Angeles police officials investigated the letter, THR said.
"We don't know that the whole building was evacuated," officer Norma Eisenman, a Los Angeles Police Department spokeswoman, told TheWrap.
Eisenman said the...
Read MoreAu Revoir, International Herald Tribune - It's Now 'International NY Times'
February, 25, 2013 10:06 am | Comments On #Boston Globe, international herald tribune, Media, new york timesThe New York Times Co. has renamed the iconic 126-year-old International Herald Tribune. It's now the International New York Times.
It will reintroduce the rebranded newspaper later this year as a multi-platform version of the Times focused at a global audience.
Last week, the Times Company said it was exploring a sale of the Boston Globe and other New England media properties as part of an effort to reorient the company around the central Times brand.
“The New York Times and its international edition, the IHT, have always been known for accurate and authoritative journalism that helps to set the agenda for global conversations and...
Read MoreOnion Apologizes for Tweet Calling Quvenzhané Wallis a 'C---' (Updated)
February, 25, 2013 7:48 am | Comments On #Media, oscars, oscars 2013, Quvenzhané Wallis, the onionEditor's note: Updated with The Onion's apology
The satire site The Onion apologized for an Oscar night tweet that jokingly called Quvenzhané Wallis, the 9-year-old star of "Beasts of the Southern Wild," a crude word for female genitalia.
The joke outraged many readers and shocked executives at Fox Searchlight, the studio behind her Oscar-nominated film. The furor was immediate enough that The Onion, which thrives on borderline jokes, took the unusual step of deleting the tweet within about an hour.
"Everyone else seems afraid to say it, but that Quvenzhane Wallis is kind of a c---, right?" the Onion tweeted.
The joke, of course, was the idea that anyone would say anything offensive about the sweet-faced Wallis. But the site was immediately accused of racism and sexism, as well as trying to hide behind irony....
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Media Alley looks at the media landscape from print to digital, legacy media to new media.
