Salt Lake Tribune Gets IRS OK To Become Nonprofit

The Salt Lake Tribune is now a nonprofit, an unprecedented transformation for a legacy U.S. daily that is intended to bolster its financial prospects during a troubling time for journalism nationwide.

TVN’S MEDIA JOBS

TV Openings In News, Sales And Marketing

New jobs posted to TVNewsCheck’s Media Job Center include openings in marketing, sales and news from Tegna’s stations in Austin and Minneapolis, Capitol Broadcasting’s WRAL in Raleigh, and Nexstar’s station in Jackson, Miss.

COMMENTARY

Focusing Patriarchy Fight On Major Media Men

The Baltimore Sun’s David Zurawik: In 2016, I wrote a piece about the fall of Fox News chief Roger Ailes in the wake of sexual misconduct allegations. I thought of him as a monster because of the sick, toxic, misogynistic workplace environment he created at Fox News as he harassed, assaulted and abused women and put people in power who did the same. But three years and multiple allegations of similar behavior by Les Moonves and Charlie Rose at CBS, Matt Lauer at NBC, Bill O’Reilly at Fox and, of course, film mogul Harvey Weinstein at Miramax, it is clear that Ailes’ actions were not some extraordinarily evil, beyond the pale kind of behavior, as the word monster might imply. Instead, we now know Ailes’ actions were closer to the norm for too many men of power in the news and entertainment industries. But it gets worse.”

BRAND CONNECTIONS

Meredith Sells Its 60% Of Viant

Meredith acquired equity in Viant Technology Holding as part of its January 2018 acquisition of Time Inc., which had acquired its stake from Viant Technology LLC in February 2016.

Popular US Navy Sailor YouTuber Reveals Revenue Cut From Posts

NBC May Make Peacock Streaming Free

NBC is considering giving away the ad-supported version of its streaming service Peacock for free to everyone, sources say. Traditional pay-TV subscribers and Comcast broadband customers may get other benefits from Peacock, though an ad-free service will come with a fee.

Can Apple Become The Google Of Television?

Apple has remained committed to making a mark in television, as evidenced by this Friday’s launch of Apple TV+, its long-promised and well-funded streaming service focused wholly on original content. But the tech giant likely won’t stop there.

99 Over-The-Air Years And Counting

Broadcasting emerged on the AM band in the years immediately following World War I. Among the pioneers was Westinghouse Electric, whose KDKA Pittsburgh broadcast the results of the presidential election on Nov. 2, 1920, spurring radio into the commercial realm and establishing broadcasting’s interest in public affairs programming.

Twitter Shakes Up Fight Over Political Ads

The company earned a wave of praise from Democrats over its move, announced Wednesday, but faced harsh criticism from many on the right, who questioned if it amounted to censorship.

Byron Allen On Partnership With Sinclair

Allen is chief executive of television conglomerate Entertainment Studios, which recently partnered with Sinclair Broadcast Group, the TV station group owner that has drawn criticism for a perceived conservative bias. Asked whether Sinclair’s political bent concerns him, Allen says, “I don’t let that get in the way. There’s business and there’s politics. And we can put politics aside.”

AT&T Sets Deal With Altitude, Ending Blackout

Regional sports network Altitude has reached a new carriage deal with AT&T’s DirecTV, ending a two-month blackout. Terms of the deal were not disclosed.

Trump’s World Series Ad An Expensive Pitch

The swaggering TV spot, complete with an image of Trump presiding over the weekend raid that killed the Islamic State’s leader, underscores the Republican incumbent’s financial advantage over the Democrats vying to replace him. It is highly unusual for a presidential incumbent to make a national ad buy so far out from the election and offers a stark contrast to Trump’s possible Democratic foes.

TVN’S FRONT OFFICE BY MARY COLLINS

Collins | Automation & AI: The Future Of Advertising

Manual processes and outdated back-office technology are the primary reasons that national spot buys are difficult to execute and have a tendency to underperform. The challenge in implementing new solutions generally boils down to two areas: technology and automation priorities and the associated costs.

CLOSING BELL

Dow Falls 140, Nasdaq Closes Down 12

Stocks closed broadly lower on Wall Street Thursday after investors got spooked by a published report that cast doubt on the prospects of a long-term U.S-China trade deal.

COMMENTARY

Kara Swisher: Your Move, Facebook

Twitter will no longer allow political advertising, a move that places Twitter and Jack Dorsey in stark contrast to Facebook and Mark Zuckerberg.

Fiat Chrysler, Peugeot Agree To Merge

The merger would bring together Italian-American Fiat Chrysler, with its strong footprint in North America where it makes at least two-thirds of its profits, and France’s PSA Peugeot, the No. 2 automaker in Europe. Both lag in China, despite the participation of the Chinese shareholder Dongfeng, in PSA Peugeot, and are catching up in the transition to electrified powertrains.

Jori Arancio Exits As ABC Head Of PR

Jori Arancio is stepping down from her role as SVP Communications for ABC Entertainment and ABC Studios, ending a 21-year career at the Walt Disney Co. No replacement has been announced, but Naomi Bulochnikov-Paul, head of PR for ABC sibling Freeform, is expected to take on the role, which might be restructured.

CLOSING BELL

Dow Moves Up 115, Nasdaq Adds 27

The S&P hit a new high Wednesday as traders welcomed the latest Fed rate cut. The central bank also indicated that it won’t cut rates again in the coming months unless the economic outlook worsens.

Doug Wieder Upped To WVEC Norfolk GM

Tegna moves up the executive news producer to oversee the station group’s ABC affiliate in Norfolk.

Hopkins Picked To Lead ViacomCBS Distribution

Viacom and CBS, nearing the completion of their merger, said that Ray Hopkins will serve as president, U.S. network distribution for ViacomCBS. Hopkins has been responsible for helping to drive CBS’s retransmission consent revenue. Tom Gorke, the top distribution at Viacom, is leaving the company.

NBC’s Digital Journos Say They’re Unionizing

Employees of NBC’s digital news division announced today that they intend to form a union representing about 150 workers, saying it would allow them to fight for better job protections as well as publicly criticize NBC News executives without fear of retaliation.

Yahoo Sports, MGM Ink Sports-Betting Deal

Verizon Media’s Yahoo Sports has entered into an exclusive multi-year partnership with BetMGM to power sports betting for Yahoo Sports and create what it’s calling “collaborative content experiences and live events.” As part of the deal, which kicks off next month, MGM Resorts and Yahoo Sports will collaborate on exclusive live events, broadcast productions, and promotional marketing efforts.

Fiat Chrysler Confirms Talks With Peugeot

Fiat Chrysler Automobiles said the discussions were ongoing “aimed at creating one of the world’s leading mobility groups,” but didn’t specify whether the goal was a full merger or a looser alliance.

Digital Turns 25, Ad Vets Reminisce On First Banner Ad

Two Gray GM Retirements, Successions

Mark Gentner is stepping down as the GM of WITN Greenville, N.C., to be succeeded by Ron Henslee. In Charlottesville, Va., Harold Wright will retire as GM of WVIR effective Jan. 31. He’ll be replaced by David Hughes.

CLOSING BELL

Dow Finishes Down 19, Nasdaq Slides 49

U.S. stocks capped off an unsteady day of trading Tuesday with modest losses. Companies have largely been reporting stronger earnings than analysts expected, but they’re nowhere close to blow-away good. S&P 500 companies are still on track to report a third straight quarter of profit declines, according to FactSet.

U.S. Auto Sales Seen Dipping 1.3% In October

U.S. auto sales are expected to dip 1.3% in October from the same period a year ago, auto consultants J.D. Power and LMC Automotive said on Tuesday, as replacement demand slows following a long bull run since the 2008 financial crisis. The consultancies expect total U.S. vehicle sales of about 1.39 million units for October, with retail sales of new vehicles declining about 1% to 1.13 million units.

Dissent Erupts At Facebook Over Hands-Off Stance On Political Ads

TVN’S MEDIA JOBS

Openings In News And Sales In Great Markets

New TV job postings on TVNewsCheck’s Media Job Center include openings at two network O&O’s in L.A. and Philly. The third opening is for a local sales manager in the Santa Maria/Santa Barbara/San Luis Obispo region of California.

Sinclair Names New Sales Exec, WJLA GM

Dan Mellon is upped from GM of WJLA Washington to the company’s VP of sales transformation and names Michael Miller to succeed him at the ABC affiliate.