Thursday, November 3, 2011
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News Corp losing money, Janet Jackson Wardrobe Malfunction, Tower Heist
Rough day for Rupert. News Corp. the media conglomerate controlled by Rupert Murdoch and currently embroiled in an ethics scandal, said its first-quarter earnings fell 5%. The company incurred charges tied to the phone-hacking fiasco at its now-shuttered News of the World that has had reverberations throughout the company. The numbers weren't the only disappointment. The new issue of Vanity Fair has a long article detailing how the company's woes are creating turmoil inside the Murdoch family. Here is an excerpt from that piece as well as coverage of the numbers from the Los Angeles Times.
From the LA Times Company Town Blog, click here for the latest industry news.
Los Angeles Times.
Occupy Comcast. The 99-percenters took the Occupy movement to the Philadelphia headquarters of Comcast Corp., the nation's largest cable operator. Somehow I doubt the protesters were complaining that the cable giant doesn't give the Bloomberg financial news channel placement near its own CNBC network. More on the protest from the Philadelphia Inquirer and kudos to fellow aggregator I Want Media for fishing it out.
The tao of Leo. It would have been easy for Leonardo DiCaprio to find a couple of action-picture franchises to milk for years and do an occasional comedy. Instead, he takes on big projects often about larger-than-life characters as is the case with his latest movie about legendary FBI Director J. Edgar Hoover. “When I can’t immediately define the character, and there’s an element of mystery to it and still a lot to be explored, that’s when I say yes,” he told the New York Times. Sounds like he's not interested in my "Growing Pains" movie script.
Eyeing the door? Peter Liguori, the No. 2 at cable programming giant Discovery Communications may be looking to make an exit, according to Deadline Hollywood. While the piece appears light on sourcing, Liguori watchers won't be surprised by the news. He spends most of his time in Los Angeles even though Discovery is based in Maryland. He may be hungry for a return to a media company that is a player in the scripted business. Also, trying to be the middleman between Discovery CEO David Zaslav and Oprah Winfrey has to be a thankless job no matter what you're paid.
Inside the Los Angeles Times: John Horn looks at Eddie Murphy's comeback movie "Tower Heist." The latest on the future of the Dodgers.
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3 reasons to choose AT&T:
- AT&T is the one and only nationwide unionized wireless carrier, with some 45,000 members of the Communications Workers of America (CWA) working as technicians, customers service representatives and retail store personnel.
- AT&T remains neutral during organizing campaigns
- CWA President Larry Cohen says, "For progressives who care about workers' rights, AT&T is the clear choice for wireless service."
Who deserves our supportNow more than ever we need to stand together, support decent jobs, and support union companies that respect workers' rights. With the nation's largest wireless provider, Verizon Wireless, also being non-union and have resisted employees' efforts to organize a union; AT&T is the one and only nationwide unionized wireless service provider.
You're not likely to find a big company that doesn't donate to candidates that labor opposes. AT&T's donation history, according to Fast Company, is "roughly split down the middle between Republicans and Democrats."
That's why as CWA's President Cohen says, "For progressives who care about workers' rights, AT&T is the clear choice for wireless service."
iWon't Upgrade Campaign
CWA, IBEW and the AFL-CIO, joined by MoveOn.org, US Action and Jobs with Justice, recently launched iWon't, a campaign asking Americans to delay upgrading to the iPhone 4s on Verizon Wireless until the company agrees to a fair contract with its workers. Learn more here.