Happy Wednesday, I'm Dylan Byers.
Welcome back to In the Room, my biweekly private email on the intrigue and inside story behind what’s going on in the media industry. As you know, In the Room is part of Puck, our four month-old media company focused on the nexus of Wall Street, Washington, Silicon Valley, and Hollywood. If you want to buy a group subscription for your team or colleagues, please reach out to Fritz@puck.news. We’re now offering group subscriptions. Thanks as always for reading, and please feel free to reach out anytime. If you'd like full access to my latest reporting, simply sign up here.
Dylan
A number of recent personnel moves in the sharp-elbowed, rapidly declining, and soon-to-be-evolving cable news industry portend the next wave of deals, chaos, and a streaming afterlife. The media industry is always going through stages of upheaval and restructuring, especially in the fallow period after a presidential election, when cable news networks recalibrate their politics and loose-in-the-saddle talent begin to make moves. Nevertheless, the three large cable news networks made programming announcements of varying importance and magnitude this week that struck me as harbingers for the future of each network, and thus of American television news itself...
FOUR STORIES WE'RE TALKING ABOUT We talked about the legacy of Project Popcorn, the future of non-franchise films, Discovery spinoff details, CNN+, and more. MATTHEW BELLONI Ever since Scott split with Jeff Bezos, she has embarked on an utterly mysterious, totally disruptive, $9 billion philanthropy spree. TEDDY SCHLEIFER The tech industry appears on the cusp of a massive reset, and the conditions are ripe for a boom of digital media models. BRIAN MORRISSEY NBCUniversal is now probably worth well north of $100 billion. So why the hell did GE sell it for $30 billion a decade ago? WILLIAM D. COHAN |
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