Wednesday, March 01, 2006

Mediabistro.com's DAILY MEDIA NEWS FEED 03/01/06

CBS Sues Howard Stern for Breach of Contract (NYT)CBS Radio has filed a lawsuit against Stern, charging that he used his last months on the air there to build up his future employer, Sirius Satellite Radio, and gained financial advantages through a stock sale at the expense of CBS. CBS Press Release: Suit charges that Sirius intentionally induced Stern to breach his contractual provisions by offering to accelerate Stern's payment of millions of dollars in stock options to promote Sirius on CBS airwaves. NYP: At a press conference, Stern lashed out at CBS honcho Les Moonves, accusing him of pursuing a "personal vendetta" to divert attention from CBS Radio's plummeting ratings. LAT: Stern's attorney said CBS could have punished Ste rn in the more than 14 months he was on the air after he shook up the radio industry by giving notice that he was jumping to Sirius. WSJ: The lawsuit comes as CBS Radio is beginning to feel the sting of Stern's departure.
TheStreet.com Subpoenaed in SEC Probe (AP)The financial news website and its co-founder and major shareholder, James Cramer, were served subpoenas by the SEC about two weeks ago in connection with an inquiry into allegations of stock manipulation.
Showtime May Revive Arrested Development (Cleveland Plain Dealer)Mark Dawidziak: Although Showtime executives say no deal is yet in place, it is being reported that the premium cable channel is giving new life to Arrested Development.
If TV Is Free, Can You Steal It? (LAT)Although still far behind music, television shows represent the fastest-growing type of files downloaded online. And as downloads increase, executives have to figure out how to convince people it's stealing. LAT: Guilds cry foul on royalties for downloads of ABC shows.
NYT's Elisabeth Bumiller Will Take Leave to Write Condi Bio (NYO)Executive editor Bill Keller has told Bumiller's husband, Times diplomatic correspondent Steven Weisman, that he must relinquish the State Department beat to avoid the perception of a conflict of interest.
Bids for Knight in the Works (San Jose Mercury News)As a deadline nears for submitting bids for Knight Ridder, MediaNews and Gannett are working on a joint bid, according to a source familiar with the process. Sources said the McClatchy newspaper chain also is preparing a bid.
Many Challenge WaPo Claims on Death Toll in Iraq (E&P)According to a Washington Post report yesterday, violence in Iraq killed more than 1,300 in the past few days, many times the figure reported by the U.S. media and the military. But Iraq Prime Minister Ibrahim al-Jaafari called such high death totals "inaccurate and exaggerated."
Did Nancy Grace 'James Frey' Her Myth? (NYO)Rebecca Dana: Every crime-fighting superhero has a creation story. Nancy Grace, the prosecutor turned star at CNN Headline News, has a particularly moving one about a murdered former boyfriend and how his killer's trial moved her to seek justice for victims. But much of her story isn't true.
Weider Family Buys Back Into Mags (NYP)The family that sold its fitness magazine empire to American Media for $360 million is back in the publishing business. It just spent an estimated $15 million to buy the 10-title history magazine group from Primedia. [Second item.]
Media Red-Faced Over Bode (Marketwatch)Jon Friedman: The media's miscalculation in promoting Bode Miller raises some questions: Were they all blinded by the light of putting a bad boy on the cover in the hope of making news themselves? Is it better, in hindsight, to go for a more conventional cover subject (who has a stronger work ethic)? FishbowlNY: Bad boy by the numbers.
Radical Restructuring of Online News Needed? (OJR)Robert Niles: Despite new search-related strategies, most news websites haven't changed structurally over the past decade. And that is costing online news publishers significantly, both in terms of lost readers and lost revenue.
The 17th Friggin' Season of The Real World (Slate)Troy Patterson: As usual, these kids are spoiling for drama. They leave us with only the usual, apocalypse-of-the-week questions: Is there no decency? Will the younger generation demolish the grammatical distinction between "less" and "fewer"? Why haven't we taught our children how to hold their liquor?
mediabistro.com seminar
Publish Your Nonfiction BookSan Francisco March 1Write a winning book proposal and convince editors and agents to bring your title to life. With established San Francisco literary agent Ted Weinstein, whose clients include McSweeney's contributor Stephen Elliott and Pulitzer Prize finalists Steve Suo and Erin Barnett.
—David S. Hirschman
from mediabistro.com's blogs:
Vargas & POTUS [FishbowlDC]ABC's Elizabeth Vargas is in town today to interview President Bush at the White House. The interview will air later today on ABC World News Tonight and Nightline, as well as tomorrow's Good Morning America. An excerpt, and photos, after the jump.
Is Anderson Cooper Crying Again? [TVNewser]Jon Stewart cracked a couple jokes about Anderson Cooper on Larry King Live last night. Here's the transcript:
KING: Let's check in with Anderson Cooper at the top of the hour.STEWART: Is he crying again? Did something happen?KING: He'll host AC 360. Jon wants to know if you're crying, Anderson.COOPER: No but I expect to be on the night of the Academy Awards when I hear some of his jokes.
A Peak Inside the Oscar Security Blanket [FishbowlLA]Gone are the heady days where one might throw on a tux, snort 5 or 6 grams of blow to take the edge off, and depart for the Oscars.
The Obligatory 'We Got Sold' Meeting? [FishbowlNY]We've been trying to get insight from some current Spin staffers on the whole thing, but, as you can imagine, they have things other than FishbowlNY on their minds. We're left with a lone eyewitness account of an alleged staff meeting: "There was just a big staff meeting here at Spin and some folks came out of the corner office looking, well, not so happy. One girl was in tears." That sucks, particularly when the girl's Courtney Love, and she doesn't even work there.
Books for a Better Life [GalleyCat]What were Jane Friedman, Larry Kirshbaum, David Young, Jane Dystel, Lynn Goldberg & Camille MacDuffie, Naomi Wolf, Martha Stout (both of whom appear on the left) and so many more doing there at the stiff sum of $175 a head? Taking part in the 10th Anniversary of Books for a Better Life, the awards ceremony hosted by the New York Chapter of the Multiple Sclerosis Society.
Preparing for That Assistant's Glory [Unbeige]Here's a good little thing that's been making the rounds: "How to Find a Design Job While Being Young, Naive, and Full of Hope." If you're a youngster in school, getting ready to head out here to where people like us have somehow been able to fight our way up a few hills and stay there, you're apt to read nothing short of ten million of these kinds of bits of advice.
Some Resources for Freelance Researchers [MBToolbox]It's matter-of-fact and it's often not glamorous, but performing some freelance research for publications can pay some bills.

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