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Coverage Type 

CHICAGO MAGNATE MAY BID FOR TRIBUNE
[SOURCE: Chicago Tribune, AUTHOR: Michael Oneal and Becky Yerak]
Chicago real estate magnate Sam Zell has emerged as a potential bidder for Tribune Co. Zell, whose Equity Office Properties Trust is the target of one of the biggest bidding wars in Wall Street history, has approached the Chicago-based media company with a complicated proposal that may include taking an equity stake while adding debt to fund a large dividend for shareholders. One person said Zell had spoken with Tribune's second-largest shareholder, the McCormick Tribune Foundation, about his interest in trying to structure the deal. Zell probably would need the foundation's support to make a deal work. The foundation is run by current and former Tribune Co. executives, including former Chairman and Chief Executive John Madigan and current Chairman and CEO Dennis FitzSimons.
http://www.latimes.com/business/printedition/la-fi-tribune7feb07,1,36002...
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Chicago magnate may bid for Tribune
Coverage Type 

WILL GE SELL NBC?
[SOURCE: New York Post, AUTHOR: Peter Laura peter.lauria@nypost.com]
General Electric Chairman Jeff Immelt's increased involvement in the direction of NBC Universal could be a sign that the entertainment giant's parent is mulling an eventual exit from the TV and film business. Three sources close to the company said that keeping NBC for the long-term remains very much an open question in Immelt's mind, and added he could look to sell the asset if it doesn't significantly improve in the next 12 months. Indeed, with digital media not yet rivaling the cash thrown off by traditional media, and GE's history of adherence to strict performance measures, Immelt could explore alternatives for the division, including a possible sale, these sources said.
http://www.nypost.com/seven/02072007/business/plucked_peacock_business_p...

DONE DEAL AT NBCU: ZUCKER SUCCEEDS WRIGHT
[SOURCE: tvnewsday]
General Electric Co. Chairman and CEO Jeffrey R. Immelt announced the appointment of Jeff Zucker as President and CEO of NBC Universal, succeeding Bob Wright, who held that job for 21 years and who will continue to serve as a GE vice chairman. As CEO of NBCU’s television group, Zucker has overseen the company’s news, sports, and entertainment divisions; owned-and-operated television stations; cable entertainment properties, including USA, Sci Fi, and Bravo; cable news properties, CNBC and MSNBC; Spanish language network Telemundo; and the company’s television studio, first-run syndication, and global distribution efforts. Previously, Zucker had served as president of the NBC Entertainment, News & Cable Group. Before that, he was president of NBC Entertainment. A five-time Emmy winner, Zucker also was executive producer of the Today show, where, NBCU said, “he turned the morning news program into the single-most profitable program on television.” Under Wright’s leadership, NBC’s revenues grew from $3 billion in 1986 to more than $16 billion in 2006. During his tenure, the company expanded its ownership of broadcast television stations, launched groundbreaking cable networks such as CNBC and MSNBC, and acquired fast-growing media assets such as Spanish-language broadcaster Telemundo and the arts and entertainment cable network, Bravo. In 2004, Wright led NBC’s acquisition of Vivendi Universal Entertainment, creating NBC Universal. The acquisition added assets including the USA Network, Sci Fi Channel, Universal Studios and Universal Parks in Orlando, Fla., and Hollywood.
http://www.tvnewsday.com/articles/2007/02/06/daily.11/

Wright Says Digital Is Zucker's Biggest Challenge
[SOURCE: Broadcasting&Cable, AUTHOR: Ben Grossman]
Outgoing NBC Universal chief Bob Wright says the biggest challenge for his replacement, Jeff Zucker, is to win the race to figure out how to monetize new media. "It’s sorting out the digital is the real challenge, the rest of our business is pretty good right now," he said in a CNBC interview Tuesday morning. "Everybody can't have My Space. We all want to have My Space. At least we think we do right this minute."
http://www.broadcastingcable.com/article/CA6413845.html?display=Breaking...



Coverage Type 

FCC CLARIFIES RURAL HEALTH CARE PROGRAM
[SOURCE: Federal Communications Commission]
The FCC has released an order to provide clarification of the Commission's order establishing a rural health care pilot program to encourage the provision of telehealth and telemedicine services throughout the nation. Specifically, the FCC finds that 1) pilot program applicants may request and, if selected, may receive funding to support up to 85 percent of the cost of connecting state and regional broadband networks to the University Corporation for Advanced Internet Development, Inc. (Internet2) or NLR; and 2) an applicant that proposes to connect its state or regional broadband networks to Internet2 or NLR may either a) pre-select Internet2 or NLR, or b) seek a competitive bid for the provision of nationwide backbone services from Internet2 or NLR. To ensure the success of the pilot program, we expect that Internet2 and NLR will interconnect or peer with each other.
http://hraunfoss.fcc.gov/edocs_public/attachmatch/FCC-07-6A1.doc


FCC Clarifies Rural Health Care Program
Coverage Type 

HOLLYWOOD TAKES ITS CONCERNS ABOUT PIRACY AND TAXES TO WASHINGTON
[SOURCE: New York Times, AUTHOR: David Halbfinger]
With a new Congress in session, the heads of the major movie studios converged on the capital Tuesday to pitch their industry in the unaccustomed role of good guy: boon to the trade balance, engine of economic growth, polisher of the nation’s image and employer of a big, uncelebrated, middle-class work force. Cheered by the Democratic takeover, the industry’s leadership hopes to press its agenda of fighting piracy, obtaining new tax advantages and reining in movie and television production from going abroad. So the Motion Picture Association of America put on a daylong show for lawmakers, lobbyists and Capitol Hill aides, armed with some A-list talent and a new study showing that film and TV production accounts for $30 billion in wages, $10 billion in taxes, more than 400,000 jobs and a trade surplus of $9.5 billion.
http://www.nytimes.com/2007/02/07/business/media/07movie.html
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HOLLYWOOD ON THE HILL: TIME TO BURY THE BROADCAST FLAG?
[SOURCE: Public Knowledge, AUTHOR: Gigi Sohn]
[Commentary] PK agrees that copyright is central to the business of movie making, but "what we don't usually agree with Hollywood about is the means by, and the degree to which, government should protect those copyrights." Over the past 5 years, Hollywood and the recording industry have pushed numerous proposals in Congress, and they have tended to fall into several categories: 1) government technology mandates like the broadcast flag; 2) expanding secondary copyright liability (like the “Induce Act”); 3) expanding the permissions culture (e.g., licensing temporary or buffer copies); and 4) increasing punishment for copyright infringement that falls just short of death by hanging. The good news is that most of these efforts have failed. The bad news is that with a Democratic-controlled Congress and one year until a Presidential election, you can bet your mortgage that they will be pushing these, and other initiatives hard in 2007.
http://www.publicknowledge.org/node/815



Coverage Type 

GOOGLE'S SCHMIDT PITCHES 'SELF-GOVERNING' NET
[SOURCE: C-Net|News.com, AUTHOR: Anne Broache]
Google CEO Eric Schmidt's nightmare scenario for a future Internet looks like this: As billions more people go online, those in power are so "freaked out" about the misuse of personal information that they suffocate the Web with stifling regulations. Under that "undesirable" construction, a small number of companies become gatekeepers, forcing Internet users to interact in "highly regimented" ways that rest on verifying their identities, Schmidt said in his keynote speech at a luncheon event hosted here by the Carnegie Endowment for International Peace. The Google chief said he remained optimistic that the Internet will instead tend toward a self-governing set of people and communities. But he acknowledged that "true anonymity is extremely rare...and can be very, very dangerous." In that vein, a middle-ground scenario that supplies "enough insulation so you know who you're dealing with" could also arise. http://news.com.com/Googles+Schmidt+pitches+self-governing+Net/2100-1038...

* Google CEO: Internet's role in freedom still expanding
http://www.infoworld.com/article/07/02/06/HNgoogleceowebfreedom_1.html

* Google Still Searching For Recognition in D.C.
http://www.washingtonpost.com/wp-dyn/content/article/2007/02/06/AR200702...


Google's Schmidt pitches 'self-governing' Net
Coverage Type 

INTERNET SERVERS HANDLE MAJOR GLOBAL ATTACK
[SOURCE: Associated Press, AUTHOR: Ted Bridis]
Hackers briefly overwhelmed at least three of the 13 computers that help manage global computer traffic yesterday in one of the most significant attacks against the Internet since 2002. Experts said the unusually powerful attacks lasted as long as 12 hours but passed largely unnoticed by most computer users, a testament to the resiliency of the Internet. Behind the scenes, computer scientists worldwide raced to cope with enormous volumes of data that threatened to saturate some of the Internet's most vital pipelines. The motive for the attacks was unclear, said Duane Wessels, a researcher at the Cooperative Association for Internet Data Analysis at the Supercomputing Center in San Diego. Wessels said that it was "maybe to show off or just be disruptive; it doesn't seem to be extortion or anything like that." Other experts said the hackers appeared to disguise their origin, but vast amounts of rogue data in the attacks were traced to South Korea.
http://www.washingtonpost.com/wp-dyn/content/article/2007/02/06/AR200702...
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Internet Servers Handle Major Global Attack
Coverage Type 

INTERNET TECHNOLOGY TESTS AT&T'S BID FOR TV SUBSCRIBERS
[SOURCE: Wall Street Journal, AUTHOR: Peter Grant peter.grant@wsj.com]
AT&T's big bet on using Internet technology to vault ahead of rival cable operators in the television-distribution business is beginning to look more like a long shot. The telecom giant says it has rolled out its so-called U-verse service in 11 cities. But that's four fewer than promised, and the technology seems to remain mostly in the trial phase. AT&T executives acknowledge they aren't fully marketing U-verse because the service can't yet handle a surge of customers. AT&T counted just 3,000 customers at the end of the fourth quarter, unchanged from three months earlier. Meanwhile, AT&T executives last month admitted for the first time that there were problems with the software for U-verse provided by Microsoft, its primary vendor on the project. That's a concern not just for AT&T, but for telecom companies world-wide that bought Microsoft technology to run TV services using Internet protocol, or IP, to transmit signals. It isn't clear how serious the problems are because AT&T and Microsoft executives won't discuss them. The delays plaguing U-verse have fed criticism that AT&T and Microsoft overreached, trying to get more out of Internet technology than it's capable of delivering at this time. The skeptics include vendors, former employees and competitors. If AT&T did overreach, it was out of necessity. The company faces pressure to get into the TV business from cable companies that are luring away tens of thousands of customers with their "triple play" offers of phone, TV and high-speed Internet services.
http://online.wsj.com/article/SB117080773641100240.html?mod=todays_us_ma...
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http://online.wsj.com/article/SB117080773641100240.html?mod=todays_us_marketplac…
Coverage Type 

WIRELESS WEB MOVES TOWARD OPEN ACCESS
[SOURCE: Wall Street Journal, AUTHOR: Roger Cheng roger.cheng@dowjones.com]
Wireless carriers historically have preferred to sell directory and other services through their own networks. But now, carriers have gradually begun opening up their Web access. Cingular Wireless, owned by AT&T Inc., gave Apple Inc. free rein to put its own content and browser in the recently unveiled iPhone in a rare demonstration of blind faith in a device maker. It typifies a change in attitude and a new willingness to loosen their once-tight control over their subscribers. A restrictive mentality and the clunky user interface found on many handsets, some argue, impedes the growth of data services and keeps traditional Web companies from getting into the mobile Internet business. With the carriers offering frustrating and clumsy browsers, some believe they would be better off letting companies such as Google Inc. or Yahoo Inc. deal with the user interface.Yet the carriers' restrictive controls have meant the Internet titans have had difficulties breaking into the mobile market.
http://online.wsj.com/article/SB117081521696800393.html?mod=todays_us_pe...
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http://online.wsj.com/article/SB117081521696800393.html?mod=todays_us_personal_j…
Coverage Type 

US MEDIA CAN'T COVER THE NEWS IF THEY DON'T COVER THE WORLD
[SOURCE: The Christian Science Monitor, AUTHOR: John Hughes]
[Commentary] It used to be that the state of the economy determined the outcome of national elections in the United States. But now it is international affairs that dominate. It is ironic in this era of globalization, as international affairs rise to the top of the agenda, that some media companies are forsaking the responsibility to inform readers, listeners, and viewers of what is happening in the world, and analyze what it means. Faced with declining circulation, rising costs, and competition from the Web, some large newspapers are closing foreign bureaus and slashing budgets for travel.
http://www.csmonitor.com/2007/0207/p09s01-cojh.html


US media can't cover the news if they don't cover the world
Coverage Type 

PUBLIC TELEVISION PLANS A NETWORK FOR LATINOS
[SOURCE: New York Times, AUTHOR: Elizabeth Jensen]
In a move to take public broadcasting closer to Spanish-speaking viewers, executives are expected to announce today that a new network, V-me, will go on the air on March 5 in major American cities with large Latino populations. It will offer a mix of Spanish-language children’s and adult programming with an educational focus. This digital network is an unusual public-private partnership forged between the Educational Broadcasting Corporation, the parent of the New York public station WNET; the investment firm the Baeza Group; and the venture capital firm Syncom Funds. Educational Broadcasting will be a minority partner in the for-profit venture. An initial 18 public television stations, which reach about 60 percent of Spanish speakers in the United States, have agreed to carry V-me’s programming on the spinoff channels that are the results of their conversion to a digital broadcast signal. In the cities where the channel will be available, including Miami, Houston, Chicago and most of the major California markets, it will be seen over the air by viewers with digital-capable sets as well as on the digital tier of cable systems. V-me’s management is also pursuing broadcast via satellite.
http://www.nytimes.com/2007/02/07/arts/television/07wnet.html
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Public Television Plans a Network for Latinos