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Tagged: Howard Stringer

Media

Cable News Ratings, Another Newspaper Bites the Dust

• Fox News remains in first place in the cable news ratings race. MSNBC is showing modest gains, while CNN is dropping like a lead balloon. [NYT, MM]
• Cablevision says it plans to charge readers to access to Newsday.com. [NYP]
• Hearst is launching an e-reader for magazines and newspapers. [Fortune]
• The Times is launching several local "citizen journalism" sites. [E&P]
• Sony CEO Howard Stringer has pushed aside two senior execs. [WSJ]
• Old Navy's newest ad campaign resembles a celeb tabloid. [Jossip]
Peter Scarlet has resigned as the Tribeca Film Fest's artistic director. [THR]
• Take a tour of the White House with Katie Couric if you'd like. [YouTube]
• Denver's Rocky Mountain News says goodbye. [RMN]

One Year Older

136382

Happy Birthday | Mr. Heidi Klum (or Seal, if you prefer) turns 46 today. General Electric chief Jeff Immelt is 53. Jonathan Lethem is turning 45. Sony CEO Howard Stringer is turning 67. New York Times finance reporter Andrew Ross Sorkin is 32. New York art critic Jerry Saltz is 58. Carolyn Maloney is turning 61. Hearst's Ellen Levine is turning 66. Novelist Siri Hustvedt is 54. NFL commissioner Roger Goodell is 50. Architect Peter Pennoyer is 52. Naked Angels artistic director Jenny Gersten is 40. Politico Norman Adler is turning 67. Phish drummer Jon Fishman is turning 44. Benicio Del Toro is 42. Justine Bateman is 43. Jeff Daniels is 54. Smokey Robinson is 69. And Haylie Duff celebrates her 24th today.

The Circuit

The Friday Party Report

134460Whoopi Goldberg served as emcee at the National Board of Review's annual awards ceremony at Cipriani 42nd Street on Wednesday night. Attendees at the Bulgari-sponsored event included Alec Baldwin, Meryl Streep, Naomi Watts and Liev Schreiber (left), Clint and Dina Eastwood, Ed Norton, Philip Seymour Hoffman, Salma Hayek, Anne Hathaway, Julian Schnabel, Diane Lane and Josh Brolin, Sir Howard Stringer, John Patrick Shanley, Eva Amurri, Tim Robbins, Joy and Regis Philbin, Meredith Vieira, Heather Graham, Amy Adams, Debbie Bancroft, Veronica Webb, Bethenny Frankel, CNN's Alina Cho, Slumdog Millionaire star Dev Patel, director Danny Boyle, along with a smattering of Bulgaris, including Ilaria, Veronica, Nicola, Natalia, and Beatrice. [PMc, Wireimage, The Daily] More

The Circuit

Wednesday Party Report

131282The Tribeca Film Institute hosted a benefit screening for the Quantum of Solace last night, which was followed by an afterparty at Tavern on the Green. Attendees included Daniel Craig, Becki Newton, Chris Diamantopoulos, Robert De Niro and Grace Hightower, Craig Hatkoff and Jane Rosenthal, Julia Stiles, Kelly Killoren Bensimon, Jeffrey Wright, Debra Messing, Andre Balazs, Andrew Saffir and Daniel Benedict, Hoda Kotb, Jill Stuart, John Sykes, Judy McGrath, Howard Stringer, Rob Wiesenthal, Liya Kebede, Stewart Rahr, Molly Sims, and Serena Altschul. [PMc, Wireimage, GoaG] More

The Circuit

The Week in Parties

129452  It was the Metropolitan Opera's 125th opening night on Monday and so naturally a long list of recognizable faces trooped out for the occasion. In floor-length gowns and tuxes to walk the red carpet and watch Renée Fleming: Barbara Walters, Howard Stringer, Michael Bloomberg, Helen Mirren, Christie Brinkley, Faye Dunaway, Molly Sims, Taylor Momsen, Martha Stewart, Hilary and Bryant Gumbel, Henry Kravis, Mercedes Bass, Ann Ziff, Georgina Chapman (left), Helena Christensen, Jane Fonda, John Lithgow, Juliana Margulies, Joy and Regis Philbin, John Turturro, Parker Posey, Peggy Siegal, Ellen and Chuck Scarborough, Deborah Norville, Julie Macklowe, and Tory Burch. [Park Ave Peerage, NYSun, Wireimage, PMc]More

Finance

Street Talk

  • Merrill Lynch has announced it will take another write-down of $5.7 billion and raise an additional $8.5 billion in new common stock. The bank has announced more than $45 billion in write-downs over the past year. [NYT]
  • Henry Kravis made personal visits to Morgan Stanley, Goldman Sachs, and Citigroup yesterday to drum up support for KKR's upcoming stock offering. [WSJ]
  • Alcaltel-Lucent's CEO Pat Russo and chairman, Serge Tchuruk, will step down by the end of the year. [NYT]
  • Sony's Howard Stringer is in talks to buy the 50 percent stake in SonyBMG that it does not own. [Reuters]
  • British Airways and Iberia are in merger talks. [WSJ]
  • Mervyn's may file for bankruptcy protection in the next few days. [WSJ]
  • A judge has ruled that Delphi can proceed with a suit against a group of investors, led by David Tepper's Appaloosa Management, for bailing out of a deal to invest $2.5 billion in the company. [The Deal via DB]

Mogul Meetups

Sun Valley Welcomes You!

125016It won't be quite as cheery as usual at Herb Allen's annual media mogul retreat, which kicks off today in Sun Valley. This time last year, the credit crisis was but a blip on the radar. Oh, how things have changed over the past twelve months. Without the billions on hand to close big deals, the economic downturn has made life pretty depressing for the master-of-the-universe set. But gather they will— the tennis and hiking must go on, damnit—and aside from the handful of players who were dropped from the invite list on account of their declining influence, all the media big shots are expected. Among those who will be cruising in on their company-owned jets: Rupert Murdoch (along with son Lachlan), Warren Buffett, Viacom chief Philippe Dauman, Les Moonves, Howard Stringer, Edgar Bronfman Jr., Jeff Bewkes and Dick Parsons of Time Warner, NBC's Jeff Zucker, Universal's Ron Meyer, Paramount chief Brad Grey, and Disney's Bob Iger. More