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    For Times Reporters Appearing on TV, Extra Prep Time Helps

    Appearing on TV news shows lets Times reporters take their work to a wider audience. But the opportunities must be handled with care.Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together.“What do you think?”The host looks to you. Hundreds of thousands — even millions — of television viewers await your answer. What do you say?Annie Karni, a White House correspondent for The New York Times who is a regular guest on MSNBC, said she has been asked some version of that question often during her TV news show appearances over the past few years.“You’re there to talk about your reporting, even if the host is pushing you to offer an opinion,” she said.Ms. Karni is one of approximately 20 Times reporters who make regular appearances on television networks like CNN, CBS and MSNBC. Although most appearances are unpaid unless a journalist has signed a contract with a network, Ms. Karni and others see substantial pluses in the appearances.“Sources in Washington watch, and maybe someone starts to recognize you more and is more likely to return your call on your next story,” she said.“It’s also another way to bring the work of The Times to people watching a program who might otherwise not have seen it,” said Zolan Kanno-Youngs, a White House correspondent for The Times and a CNN contributor.Reporters are generally asked to appear on a show a few hours in advance, Ms. Karni said. They are given topics of discussion, along with any relevant articles to read, though producers do not supply precise questions.Before an appearance, Ms. Karni said she sometimes makes extra calls to her sources to get additional context.Katie Benner, who covers the Justice Department for The Times and recently signed on as a contributor at MSNBC, said she makes an extra effort to consider how to contextualize any topic she discusses for an audience that may be unfamiliar with it.“If there’s a major shooting and the Justice Department has deemed it a possible hate crime, the public should probably know what constitutes a hate crime,” she said. “Are they on the rise? Are we seeing a trend? If someone else addresses that, great. If not, I want to make sure it’s said.”Ms. Karni said the best way for reporters to learn how to present their work for a television audience is simply to do it repeatedly, but first-time guests aren’t completely on their own. The Times’s communications department offers media training for its reporters, which can include mock interviews. One thing that Ms. Karni said surprised her when she began appearing on TV was the streamlining and repetition necessary when summarizing reporting.“You want to come up with one or two things you want the audience to know and really emphasize those,” she said. “Even if it’s not the exact answer to the question you’re asked, it’s better than trying to think on your feet.”Even though a reporter may be on camera for only five minutes, the time required for TV appearances is hardly brief, Ms. Karni said. In addition to getting to and from the studio (during normal times, that is), reporters must catch up on all the news of the day, not just their specific stories. That can be the most difficult part, Ms. Karni said: the ability to pivot and to be prepared to speak on any pressing topic after a 15-minute cram session on the car ride over.But journalists have been appearing remotely since March 2020, which enables them to commit more like 10 minutes of their time rather than two hours. And reporters can make late-night appearances on shows like “Nightline” without worrying about catching a late car ride home.“It’s been a totally new world since the pandemic,” Ms. Karni said. “I bought a ring light for my bedroom, do my own makeup, and the whole thing is much quicker.”Ms. Benner agreed but said she missed one big perk: the hair and makeup team.“I normally don’t really wear any makeup, but they make you look amazing,” she said. “They’re also the funniest people and always make me laugh.”Mr. Kanno-Youngs, however, has become a little self-conscious about dialing in from his apartment. His dog stares at him from the couch, just waiting to bark; people tramp by in the hallway outside his door; and he ends up eyeing artwork in his background, wondering if it’s slanted.“That makes me nervous,” he said. “It’s like: ‘Geez, is this painting crooked in my background? Is Room Rater going to completely expose me because I didn’t wipe the kitchen counter?’”Aesthetics aside, Ms. Benner pointed out one critical rule to her appearances. “If, because of your schedule, you have to choose between reporting and being on TV, you should always choose reporting,” she said.But while Times journalists can spend months — or even years — reporting a single story, an appearance on a news show is, by comparison, over in a heartbeat.“There’s always a moment right after the host finishes and they go to the next guest,” Ms. Karni said. “You’re like, ‘Oh, wait, I have one more thing I want to say — come back!’” More

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    Discovery and AT&T: How a Huge Media Deal Was Done

    An early-morning meeting at a Greenwich Village townhouse, under the watchful eye of Steve McQueen, was part of a monthslong campaign.In the predawn hours of April 1, David Zaslav, the chief executive of Discovery, arrived at a rented townhouse in Manhattan’s Greenwich Village — decorated with photos of rock stars and one of the actor Steve McQueen in sunglasses holding a gun — to prepare for a meeting that would soon reverberate across the American media industry. More

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    AT&T's WarnerMedia Group to Merge With Discovery

    AT&T’s WarnerMedia group is merging with the reality programmer Discovery. What does that mean for your favorite shows?It’s as if Logan Roy, the fictional patriarch of the Waystar Royco media empire on HBO’s popular series “Succession,” masterminded the deal himself: AT&T has thrown in the towel on its media business and decided to spin it off into a new company that will merge with Discovery Inc. More

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    AT&T-Discovery Deal Would Create a Media Juggernaut

    A merger could be announced as soon as Monday, in a deal that would offload the media business that AT&T fought to buy.Less than three years after AT&T spent over $85 billion and millions more fending off a government challenge to buy Time Warner, one of the biggest prizes in media, the phone company has decided on a completely different strategy. More

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    Comcast Earnings Beat Expectations Amid Shift to Streaming

    #styln-signup .styln-signup-wrapper { max-width: calc(100% – 40px); width: 600px; margin: 20px auto; padding-bottom: 20px; border-bottom: 1px solid #e2e2e2; } If you want a clear picture of the state of the media industry in upheaval, Comcast offers a good snapshot. The company, which includes NBC, Universal Pictures, several theme parks, and the Peacock streaming service, beat […] More

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    ViacomCBS stock tanks, losing more than half its value in less than a week.

    Shares of ViacomCBS, the media goliath led by Shari Redstone, took a nosedive this week, with the company losing more than half of its market value in just four days.The stock was as high as $100 on Monday. By the close of trading on Friday it had fallen to just over $48, a drop of more than 51 percent in less than a week.There’s no better way to say it: The company’s stock tanked.What happened? Several things all at once. First, it is worth noting that ViacomCBS had actually been on a bit of a tear up until this week’s meltdown, rising nearly tenfold in the past 12 months. About a year ago, it was trading at around $12 per share.That rally came as the company, like the rest of the media industry, had made a move toward streaming. It recently launched Paramount+ to compete against the likes of Netflix, Disney+, HBO Max and others. The service tapped ViacomCBS’s vast archive of content from the CBS broadcast network, Paramount Film Studios and several cable channels, including Nickelodeon and MTV.That shift matters because ViacomCBS has been hit hard by an overall decline in cable viewership. The company’s pretax profits have fallen nearly 17 percent from two years ago, and its debt has topped more than $21 billion.But the stock rose so much that Robert M. Bakish, ViacomCBS’s chief executive, decided to take advantage of the boon by offering new shares to raise as much as $3 billion. The underwriters who managed the sale priced the offering at around $85 per share earlier this week, a discount to where it had been trading on Monday.You could say it backfired. When a company issues new stock, it normally dilutes the value of current shareholders, so some drop in price is expected. But a few days after the offering, one of Wall Street’s most influential research firms, MoffettNathanson, published a report that questioned the company’s value and downgraded the stock to a “sell.” The stock should really only be worth $55, MoffettNathanson said. That started the nosedive.“We never, ever thought we would see Viacom trading close to $100 per share,” read the report, which was written by Michael Nathanson, a co-founder of the firm. “Obviously, neither did ViacomCBS’s management,” it continued, citing the new stock offering.Streaming is still a money-losing enterprise, and that means the old line media companies must still endure more losses over more years before they can return to profitability.In the case of ViacomCBS, it seemed to hasten the cord-cutting when it signed a new licensing agreement with the NFL that will cost the company more than $2 billion a year through 2033. As part of the agreement, ViacomCBS also plans to stream the games on Paramount+, which is much cheaper than a cable bundle.As the games, considered premium programming, shift to streaming, “the industry runs the risk of both higher cord-cutting and greater viewer erosion,” Mr. Nathanson wrote.On Friday, an analyst with Wells Fargo also downgraded the stock, slashing the bank’s price target to $59.But the market decided it wasn’t even worth that much. It closed on Friday barely a quarter above 48 bucks. More

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    Why Oprah’s Meghan and Harry Special Won’t Have a Streaming Home

    #masthead-section-label, #masthead-bar-one { display: none }The British Royal FamilyInterview and FalloutWhat Meghan and Harry DisclosedWhat We LearnedMemories of DianaAdvertisementContinue reading the main storySupported byContinue reading the main storyWhy Oprah’s Meghan and Harry Special Won’t Have a Streaming HomeThe three participants’ ties to Netflix and Apple, along with Ms. Winfrey’s desire to reach a big live-viewing audience, paved the way to an old-school deal with CBS.Oprah Winfrey’s interview of Meghan Markle and Prince Harry was a rarity in the age of streaming: a cultural event powered by network TV.Credit…Rebecca Smeyne for The New York TimesEdmund Lee and March 9, 2021, 6:28 p.m. ETOprah Winfrey pulled off what has become a rare television event: the tell-all interview that turns into a cultural moment. On Sunday, an audience of more than 17 million watched bombshell revelations tumble out of the mouths of Meghan Markle and Prince Harry as they described their lives under the palace gaze in a two-hour CBS special that rivaled any of the royal dramas on the Netflix series “The Crown.”Social-media discussion of the show has continued since the credits rolled, leaving many people who missed it wondering where they could stream it. For the next 30 days, the special will be available on CBS.com and the CBS app. But after that, it will not have a home on any streaming platform.That’s because, from the start of negotiations, Ms. Winfrey’s company, Harpo Productions, the owner of the program, envisioned the special as something suited to a big broadcast network, three people with knowledge of the deal said. Harpo did not even attempt to sell the streaming rights to Netflix or Paramount+, the streaming platform owned by CBS’s parent company, ViacomCBS, the people said.Harpo’s old-school strategy of avoiding subscription-video-on-demand services came about partly because of the complications presented by Ms. Winfrey’s deal to make programs for Apple’s streaming platform, AppleTV+, the people said. Ms. Winfrey’s AppleTV+ deal includes an interview series, “The Oprah Conversation,” which has featured Barack Obama, Dolly Parton and Mariah Carey. Another wrinkle was the roughly $100 million production deal that Meghan, Duchess of Sussex, and Prince Harry struck last year with Netflix, the people said.Ms. Winfrey’s company also did not approach cable networks when seeking the right venue for the special, the people said. Hoping for the greatest possible reach, she sought a deal with one of the major broadcast networks, which do not require a subscription and consistently draw the largest audiences for live viewing. Harpo also liked the idea of appearing in the Sunday night slot after “60 Minutes,” the highly rated CBS News show where Ms. Winfrey was a special correspondent in 2017 and 2018, the people said.As part of the $7 million deal, ViacomCBS won something valuable: the rights to broker international distribution on behalf of Harpo. The program aired Monday on ITV in Britain and will be available in more than 80 countries.Prince Harry and Meghan, Duchess of Sussex, cut a deal with Ms. Winfrey in 2019 to produce a series on mental health. Credit…Joe Pugliese/Harpo ProductionsMs. Winfrey revealed during the interview that she had spent about three years trying to land the exclusive. Along the way, she went into business with Meghan and her husband. Adding to the jumble of media alliances, the couple in 2019 cut a deal with Ms. Winfrey to produce a documentary series about mental health that is scheduled to stream on AppleTV+.Some industry observers were surprised by the CBS deal because of another corporate entanglement: Ms. Winfrey’s long relationship with Discovery Communications, the cable giant that invested in her cable network, OWN, over a decade ago. David Zaslav, Discovery’s intensely competitive chief executive, decided to continue the investment even after OWN experienced growing pains early on. The company now controls the network, which has become a ratings success. Discovery also recently launched its own streamer, Discovery+, where Ms. Winfrey hosts an interview series, “Super Soul.” (The company bought advertising time on the CBS special and provided a commercial featuring Ms. Winfrey.)It turns out that digital television, originally meant as a convenient alternative to clunky cable, can be just as knotty and cumbrous as the business it’s trying to replace.The morning after her interview with the Sussexes, Ms. Winfrey appeared on “CBS This Morning,” a program anchored by her close friend, Gayle King, where she presented extra material that didn’t make the special. CBS announced on Tuesday that it will show the special again Friday night at 8.John Koblin More