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Time Warner looks to slim down by selling off some magazines

Media giant Time Warner is in talks on the sale of some of its magazines to a large US publisher, the conglomerate’s Fortune magazine reported Wednesday. The report said some of the titles such as People, InStyle and Real Simple, would be carved out and rolled into a company to…

SOPA supporters await cash infusion from Netflix PAC

Video streaming giant Netflix has recognized the compelling financial logic behind Washington’s anti-piracy efforts. In a recent filing with the Federal Elections Commission (FEC), Netflix revealed that it has created its own political action committee called FLIXPAC, designed to support anti-piracy measures in Washington and the candidates that favor them.…

‘Anonymous’ posts media moguls’ information online

In protest of a pending anti-piracy measure currently before the U.S. Congress, the hacker group “Anonymous” has posted personal information about two of the most powerful men in media, Time Warner Chief Executive Jeffrey L. Bewkes and Sumner M. Redstone, head of Viacom and CBS. In an action it calls…

Eric Boehlert calls out media for failing to cover SOPA

Media Matters’ Eric Boehlert appeared Monday on The Young Turks to discuss the fact that the highly controversial Stop Online Piracy Act (SOPA) was absent from mainstream television news coverage. Major media outlets, including ABC, CBS, Comcast/NBC, Viacom, News Corporation and Time Warner, support the legislation. It would allow authorities…

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