News Corp. has officially announced it: Les Hinton will become the CEO of Dow Jones, when News Corp. completes its $5.6 billion acquisition next week. Hinton is a veteran News Corp. executive, and has been with the company for several decades. Read.
News Corp. has hired former HP CEO Carly Fiorina to be a contributor to its new Fox Business Network, due to launch next week.
Fiorina could become the next Maria Bartiromo (Anchor for CNBC) or Katie Couric (CBS). Fox did not say how often Miss Fiorina would be contrbuting, but the former HP Exec is considered to be charismatic, engaging, extremely intelligent and good-looking by the business community. That combination could make her the next household name in news.
The thing that stands out among the successful female network news anchors is that they each have sex appeal which helps draw in their predominately male viewing audiences. Fiorina definitely brings that quality to the table.
“I am pleased to have the opportunity to continue to speak out on issues of vital concern to our economy and our nation,” Fiorina said in a written statement.
The question is, how will she stand up to the two Queens of Network and Business News?
Cablevision and Verizon are at war in an effort to sign up customers for what the industry calls the triple play…It’s fiber-to-the-premises vs. cable for broadband, television, and phone.
Cablevision has been talking smack…saying things like “We’re not afraid of your fiber!” in response to Verizon’s product offering.
So the last thing you’d expect is for Cablevision’s leadership to cross over to the dark side and become a user of the very service they’re competing against.
Well a fellow blogger has been on the trail of Cablevision CEO Chuck Dolan and says he’s uncovered some dirt.
In a recent blog post, Tech blogger Mike Murray discloses evidence that Cablevision’s CEO may be enjoying FiOS at home.
Murray wrote: ”Click the picture to the right showing a Verizon FiOS can and drop directly above Cablevision’s CEO Chuck Dolan’s Oyster Bay, Long Island mailbox.
He’s not scared! He’s a customer!”
In a never-before-published thank-you letter from ‘Playboy’ founder Hugh Hefner to his parents, the media mogul reveals that he received 1,000 dollars from his mother in seed money in 1953, to begin his magazine.
The letter appears in Biondi Publishing’s “Playboy Cover to Cover: The ’50s,” which chronicles the magazine’s early years.
The letter reads:
“(Your generosity came) with the knowledge that much of the magazine will not be material that you fully, personally approve of,” the New York Daily News quoted him as writing in the letter.
Hefner revealed later that his investment also proved beneficial for his own parents saying, “My father lost his job as the CPA for an aluminium corporation, so he came to work for me as an accountant and then as a treasurer of the company”.
In an exclusive interview, 81 year-old Playboy Founder Hugh Hefner told TODAY that a woman who recently claimed she was sexually assaulted at the Playboy Mansion made up the story. Hefner says the accuser made up the story because she arrived home late after a night of partying to find an angry boyfriend waiting and made up the story to calm her angry boyfriend.
“She invented a story. And that’s the story behind the story.” “There was no sexual assault”, said Hefner.
Conrad Black, the fallen newspaper media mogul, has written a biography of Richard M. Nixon.
The nearly 1,200-page book is called “Richard M. Nixon: A Life in Full.” It’s set to appear in U.S. bookstores in October - the month before Black’s scheduled sentencing date.
Black, free on $21 million bond while awaiting sentencing for swindling millions from Hollinger International (owner of properties such as the Chicago Sun-Times), was a defendant along with three others in United States District Court for the Northern District of Illinois, with Lord Black facing 13 counts related to criminal fraud.
On 13 July 2007, a 12-member jury reached a guilty verdict on four charges, including mail fraud and obstruction of justice, but acquitted him of the other nine charges, including wire fraud and racketeering, after 12 days of deliberation. Black faces a maximum penalty of 35 years in prison and a million-dollar fine when he is sentenced. Sentencing is scheduled for 30 November 2007, in Chicago.
