Even when the M&A market was shut down, Wall Street couldn’t stop speculating about GE’s intentions for its NBC Universal unit. And now that it’s deal-making time again, the chatter is getting very noisy.
Hence the flurry of coverage over yesterday’s remarks by Vivendi CEO Jean-Bernard Levy, in which he said…not very much.
Nikki Finke, the Hollywood power blogger who recently began working for Jay Penske’s Mail.com Media Corp., has a new Web site. And soon, she will have a new employee–a “well-known figure from established media.” But who is it?
The New York Times has a staff big enough to verify the authenticity of every letter to the editor. But it still got hoodwinked by someone pretending to be the mayor of Paris.
While it’s true that Time Warner’s magazine unit is embattled, there are bright spots in the portfolio. Take People.com: The gossip magazine has always been one of Time Inc.’s strongest performers. Now its companion site is, too. Who gets credit? Some of it goes to celebs like Ashlee Simpson, and their babies.
On the same day that Yahoo is firing a couple thousand people, entrepreneur John Buckman is offering up a how-to guide for building your own business. This won’t help former Yahoos who don’t have a nest egg, health insurance, and/or the drive or inclination to do their own thing. But it’s free advice, and it’s relatively sound advice for those who do want to strike out on their own.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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