<![CDATA[Gawker: valleywag, cbs]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, cbs]]> http://gawker.com/tag/valleywag/cbs http://gawker.com/tag/valleywag/cbs <![CDATA[We Are Duly Terrified of Katie Couric's Notebook]]> Katie Couric has a Twitter thing! And on the distributed Internet micro-oversharing service, at last, America's sweetheart seems to realize how frightening she has become.

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<![CDATA[TV Networks Prepping Steve Jobs's Obituary]]> Steve Jobs, currently on medical leave as Apple CEO, is not dead, but the major networks are acting as if he were. Producers from CBS and NBC are scheduling interviews for their Jobs obituaries.

Our source was first approached this week by NBC for what a producer called a "feature" on Jobs, but later admitted was an advance obituary. Then a CBS news producer called and also requested an interview on Jobs that when pressed, they admitted too was also an advance obituary for the ailing Jobs.

Newspapers and wire services prepare obituaries far in advance that can sometimes sit on the shelves for years. Sometimes it can lead to embarrassment, such as when Bloomberg News inadvertently released a canned obituary for Jobs. And while TV news operations are quick to prepare packages of archival footage if they so much as hear a famous person is ailing, actually taping interviews for those packages is more difficult. Even if news producers can find people willing to talk about someone as if he were dead on camera, it's expensive to send out camera crews to gather footage that might go stale.

Jobs, who is on a six-month medical leave, has said he expects to return to work after dealing with a medical problem he first characterized as a "hormonal imbalance," but later admitted was more complex. In 2003, he was diagnosed with pancreatic cancer, and underwent surgery to treat it in 2004; most observers believe his present problems stem from aftereffects of the surgery, which likely involved a Whipple procedure, a rewiring of the digestive tract akin to a gastric bypass.

Is Jobs dying? No major TV network has reported that. But those same networks' producers must believe it is likely enough to roll their cameras.

(Photo by Gizmodo)

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<![CDATA[The death of CNET's media-conquering dreams]]> CBS is laying people off at CNET — no surprise, since the entire media business is fitfully contracting, and after a merger, cuts are a given. But it signals the end of CNET's grandiose ambitions.

When Halsey Minor, the ultraopinionated entrepreneur better known these days for his lawsuits than his business skills, launched CNET in the early '90s, he first had his eye on television. CNET's first website didn't come along until 1995. And he snapped up domain names like mad, names which all but spelled out his ambitions — TV.com, Radio.com, News.com. (Apocryphally, he's said to have bought the latter from News Corp., in a deal Rupert Murdoch must still regret.)

CNET went public in 1996, and its market cap peaked at $12 billion before the dotcom bubble burst. At one point, it flirted with NBC, going into a joint-venture deal to create NBCi, a now-forgotten Web portal. At the time, some pundits imagined CNET and NBC combining — with CNET on top.

Since then, it's been a long slide down. Minor left not long after the bubble popped. When CBS bought CNET this spring, the price was $1.8 billion. (CBS CEO Les Moonves recently said that while he "loves the deal," he wouldn't buy CNET again today at that same price.) CNET executives got roles within CBS Interactive, the new division formed by combining CBS's websites with CNET's — but there was no question who was in charge.

That's become clearer now, with the layoffs. The newsrooms for CBSNews.com and CNET News are said to be combining; CBS is trimming back TV.com, MP3.com, and GameSpot, CNET's entertainment properties. Which makes sense: Why run mainstream news and entertainment coverage out of a backwater like San Francisco, when it can be done properly from New York and L.A.? There's logic to the move, but also a certain sadness, knowing that a fantasy of transforming the media business — a business in much need of transformation — has faded for good.

(Logo mashup by Andrew Mager)

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<![CDATA[CNET's odd math]]> Kara Swisher's new pet media blogger Peter Kafka praises CBS executive Quincy Smith, shown here, for picking up CNET. Revenues were up 6 percent in the most recent quarter, with a 12 percent increase in display advertising. But wait a second: Aren't display ads most of CNET's revenue? The company also makes money through e-commerce referrals and the sale of marketing data — which suggests something went wrong enough in CNET's other businesses to blunt the welcome rise in advertising.

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<![CDATA[Who cares about business models? "MacGyver" is on YouTube!]]> Look, you're going to be reading a lot on AdAge and NewTeeVee and Silicon Alley Insider about YouTube's deal with CBS to run full-length TV shows, and what this means for online-video advertising models and what this means for the Google-owned site's rivalry with Hulu, the joint venture between NBC and News Corp. Blah blah blah. Let me abbreviate it for you:

MacGyver will now be available on YouTube, and you won't have to watch it in frequently taken-down 10-minute chunks. Yeah, you didn't know that was a CBS show, and you didn't care. But it's on YouTube! Californication, too. It airs on Showtime, which is owned by CBS. But what it really means to me is that my Duchovny-obsessed writer, Paul Boutin, is going to get even less done. Thanks, YouTube!

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<![CDATA[The NYT Has Endless Space To Sell]]> You have to give credit to the people who have the unenviable job of selling enough online ads to keep the New York Times afloat. At least they're brainstorming! Already this year they've experimented with creative strategies like selling the entire top of the homepage to Apple. And today, we see, they've come up with yet another space that can be "sponsored":

The archives! The CBS show Eleventh Hour has a "sponsored archive" of free NYT stories about cloning humans and stuff, which presumably is a topic related to Eleventh Hour. It might grate on traditionalists, but we can't hate on things like this too much. Better to sell new online ads than, say, start plastering the front page of the print edition with ads. Besides, Thomas Friedman's mustache wax ain't free.

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<![CDATA[Gamespot editor's nemesis on way out of CNET]]> At CNET, the heads keep rolling, nearly a year after Gamespot editorial director Jeff Gerstmann was sacked. Stephen Colvin, an executive who oversaw Gamespot, is out of the company, a tipster tells us. Gerstmann's firing came after a negative review of an advertiser's game, which made him a cause célèbre among gamers. What Gerstmann's fans will say: That Colvin and other suits are getting what they deserved for ruining the CNET-owned gaming site's editorial credibility. Josh Larson left CNET, now owned by CBS, in April. Colvin, a former magazine executive who was Larson's boss, joined CNET a year ago, shortly before the Gerstmann incident. His exit comes as CBS rejiggers CNET's generous benefits, our tipster says:

Former president of Dennis Publishing (Maxim, Blender, etc) Steven Colvin will soon be leaving his year-old postion as head of CNET / CBS Interactive entertainment and lifestyle division (Gamespot, mp3.com, tv.com, Chow, etc). Within the department, Colvin is widely believed to be the "brains" behind Jeff Gerstman's unceremonious canning last December. Just before the firing, Colvin spent hours in a meeting with Eidos attempting to salvage the relationship after Gerstman's negative review of Kane and Lynch. No word on if this departure is volunary or not, but his role is being taken over by CBSi COO Steve Snyder, which might be indicative of hardly-unexpected "restructuring" occuring sooner rather than later. Control of one of the department's largest assets, tv.com, was recently transfered out of the department.

There was also an annoucement today that CNET's extremely generous vacation hours package will be discontinued after this year, sick time hours will be reduced, health care providers will be changed, and benefits cut for "opposite-sex domestic partners", in order to be "consistent with CBS' company-wide poilcy".

On the plus side, parking fees can now be paid pre-tax.

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<![CDATA['Citizen Journalism' = Porn]]> Dadgummit, porn ruins corporate strategy! CBS is learning the hard way that if you give people a "branded mobile platform" to "upload" their "user-generated content," the "content" they will "generate" is "nekkid womens." The Tiffany Network started a site called CBSeyemobile.com where you, the idiotic consumer, can upload photos. And now they're shocked, shocked to find out that it's full of filth, loose women, and inappropriate public demonstrations of lesbianism! Ad Age broke the story in a Pulitzer-worthy feat of journalism, causing them to (modestly) publish this rather NSFW picture, which we are prepared to say is the most newsworthy photo that has ever graced that august publication's pages:




But you can't say it didn't generate any user dialogue:




Citizen journalism, ladies and gentlemen. [Ad Age]

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<![CDATA[Halsey Minor's endless complaints]]> Multimillionaire CNET founder Halsey Minor is in the news again, for another spat over his expansive art collection. Portfolio explains that Minor got into an "angry email exchange" with famous artist Damien Hirst. There are now "gaping, fist-size holes in the plaster walls" of Minor's San Francisco offices, where Hirst's work used to hang. This comes as Sotheby's is suing Minor over a disputed art auction. After the article ran online, Minor left a rambling comment quibbling with details. But he never disputed the story's central question: Has Minor spent so impulsively and unwisely on art, real estate, new startups, and a new wife (Shannon, pictured with Minor, above), that he's running short on cash? He doesn't answer that. Instead, he declares himself "the baddest psycho in bass fishing." The comment seems as delusional as this moment he recounts in the story:

CBS chairman Sumner Redstone walked past him at the Bel-Air Hotel, shortly after CBS bought CNET for $1.8 billion. Minor hasn't been at CNET since 2000, and wasn't involved in the sale. So why would he expect Redstone to recognize him? Nostalgia? Pity? Portfolio reports on Minor's many difficult relationships; he told the magazine that Gateway founder Ted Waitt, formerly an investor in one of Waitt's startups, is no longer a friend. Add to the list of those difficult relationships: Minor with facts.

(Photo by Rob Howard/Portfolio)

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<![CDATA[CBS head honcho Les Moonves wants those newspaper ad dollars]]> CBS CEO Les Moonves pontificated at the Mixx conference in New York today, saying that he loves the Internet, really. Departing from the party line of other networks, Moonves pointed out "The Internet is not cannabalistic; it is only additive," presumably referring to audience attention share between television and the Web. So how's CBS going to capitalize? The plan is go after what's left of the newspaper industries advertising with CNet and local affiliates. [MediaWeek] (Photo from Andrew Mager)

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<![CDATA[New CBS iPhone app uses hack for video]]> CBS EyeMobile, the new iPhone application that will let you beam horrific images of disasters directly from the scene to the CBS News team. And it lets you upload video as well as photos. But only if you first hack your iPhone with Jailbreak and other software to enable video recording — thereby voiding your warranty. And new subsidiary CNet will be happy to show you how! [NewTeeVee]

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<![CDATA[CBS sues NFL players over fantasy football stats]]> The NFL players' union wants to charge CBS Interactive a licensing fee for its use of NFL player stats, going so far as to threaten to "put CBSSports.com out of the fantasy football business" if it didn't comply, according to a suit CBS Interactive filed in Minneapolis as a response. Major League Baseball went through a similar suit, in which a judge ruled that players cannot charge for publicly available numbers. [PaidContent]

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<![CDATA[Can CNET Possibly Become Cool?]]> CBS bought CNET, the tech-focused online conglomerate, for $1.8 billion earlier this year. Which prompted the general reaction "Really, that much?" And also, "Isn't this two fundamentally boring brands combining to form a larger, still boring brand?" Well one brave man says no, it's much more promising than that: CBS CEO Les Moonves, who engineered the deal! But is he right? It's hard to see why he would be:

Moonves is counting on CNET to raise CBS' revenue by two points within three years, which would mean that its online growth would have to offset the "flattening out" of CBS' own TV and radio ad revenue. But CNET is basically a tech news brand, and a pretty unexciting one. CBS is a general interest brand, and an unexciting one. So why try to make CNET another unexciting, general-interest brand?

Watching Moonves at a meeting of CNET executives, it's hard to miss the CEO's competitive spirit. The key, he says, is to boost traffic at CNET's dozen or so Web sites, which include video gamer site Gamespot.com, the all-things-television TV.com, and food site Chow.com. Katie Couric was on CNET streaming special shows from the convention. Chow.com's photogenic food editor Aida Mollenkamp is headed to a guest spot on Rachael Ray's show, which CBS syndicates, while CNET reporters are expected to populate every segment possible on its news shows.

It's going to take more than corporate synergy, though. For example, Moonves says TV.com is bound to be "the destination for online TV viewing" once it has shows from all the networks. Eh. It has a good name, but it doesn't even have CBS shows yet.

The basic problem: CBS itself has an increasingly old audience. They're counting on CNET to bring in the young audience. But CNET isn't cool. And if Les Moonves is the man who has to make it cool, its chances are less than average.

[BW; pic from Valleywag]

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<![CDATA[Once again, Vanity Fair leaves geeks at the kids' power table]]> Preeminent among the magazine world's kingmaking power lists is Vanity Fair's New Establishment, which appears in the October issue — on newsstands in L.A. and New York today, but not in the Bay Area for another six days. Silicon Valley gets similar short shrift: The names who make it there are predictable bigs like Steve Jobs and Larry Ellison, or Hollywood-crossover types like Jeff Skoll, eBay's first employee turned movie producer. Walt Mossberg, now employed by New Establishment perennial Rupert Murdoch, also squeaked in. The consolation prize Vanity Fair offers: Its "Next Establishment" list, reserved for the likes of Twitter's Ev Williams. It's a marvelous piece of New York media trickery — flatter the geeks by making them feel included, but corral them into a side room so the real power brokers aren't offended by comparison. True, the "Next Establishment" suggests that these are people who might matter in the future. But in saying that, Vanity Fair's editors are also sending the message that right here, right now, its "Next" nominees are nobodies. On this year's list:

  • Wendi Deng Murdoch, MySpace China
  • Chris DeWolfe and Tom Anderson, MySpace
  • Max Levchin, Slide
  • Robin Li, Baidu
  • Markos Moulitsas, DailyKos
  • Elon Musk, SpaceX
  • Ali and Hadi Partovi, iLike
  • Mika Salmi, MTV
  • Dmitry Shapiro, Veoh
  • Quincy Smith, CBS
  • Andrew Ross Sorkin, New York Times
  • Peter Thiel, Clarium Capital
  • Evan Williams, Twitter
  • Andrew Zolli, PopTech
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<![CDATA[CBS overhauls CNET site — again]]> CNET overhauled its site right before agreeing to be acquired by CBS in May. Now, CBS has another redesign ready to launch this week. You can probably guess: More video, more product placements. Here's the deets:

The new face of CNET's flagship site offers a revamped look, more online video, and an easier way for advertisers to customize their messages. The new CNET.com includes a "brand showcase" feature, allowing advertisers to pay for pages where they can promote products with links to CNET reviews, a service for which CBS can charge higher rates, according to Joe Gillespie, who oversees CNET.com.

The new CNET.com highlights another priority for CBS's online strategy: video. A large window that will soon play high-definition video within the homepage promotes the site's video content, including relevant clips from CBS broadcasts. Mr. Gillespie says video ads can sell for double normal ad rates on the site.

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<![CDATA[CBS wants 50 percent revenue growth from digital in three years]]> In a conference call to discuss CBS's quarterly results, CEO Les Moonves pointed to the recently announced selloff of radio stations and acquisition of CNET as an effort to jumpstart growth. Profits for the quarter were up a measly 1 percent, and the stock price was down slightly on the news. Moonves is looking for the CBS Interactive division to grow its annual revenue to $1 billion in three years.

That's presuming online ad industry growth matches expectations despite a larger economic downturn, which Moonves assures us all it certainly will. In fact, the 50 percent target is modest; it translates to 14.5 percent a year. Which means Moonves is assuming that CBS Interactive will underperform the online-advertising market, which is expected to grow 20 percent a year or more. (Photo by Getty/Vince Bucci)

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<![CDATA[Skateboarding bulldogs key to website success]]> Sure, Dogster founder Ted Rheingold thinks that a "call to action" in a cross-promotion between the Web site and CBS's new show Greatest American Dog helped drive traffic. But I'm pretty sure it was all about the skateboarding bulldog. [Dogster]

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<![CDATA["I think you know what the problem is just as well as I do."]]> With the takeover of CNET by CBS Interactive complete, the parent company's signature logo in the subsidiary's signature orange watches over employees at the San Francisco office. Have a better caption? The best one will become the new headline. Friday's winner: "It isn't broken, it's reorged." by sarahfu67.

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<![CDATA[Natali Del Conte the adorable face of CBS-CNET synergy]]> Never mind corporate meatballs like Neil Ashe and Quincy Smith — how's perky CNET correspondent Natali Del Conte faring in the wake of CBS Interactive's acquisition? Well! In an appearance on today's Early Show with Harry Smith, she sported a new 'do and explained the intricacies of different hands-free options for California drivers now banned from holding a cell phone to their ears. The best part is watching Smith stumble a bit trying to understand Bluetooth, pick himself back up by casually noting his experience as a helicopter passenger, then stumbling again over "those map things" before telling viewers to visit earlyshow.cbs.com — which is not a valid URL. Which makes us think that maybe Del Conte would make a better host than the guy who made his name doing standups for A&E Biography. Harry may be a perfect stand-in for the confused-old-man audience CBS currently has. But Natali represents the future audience CBS hoped it was buying.

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<![CDATA[Internal management org chart for CBS and CNET]]> Quincy Smith will serve as CEO and Neil Ashe will serve as president at CBS Interactive in the wake of the now-completed acquisition of CNET by CBS. And those are just the juicy meatballs atop a tangled mess of management noodles after executives from the two companies were tossed in the pot. News.com editor Dan Farber, however, didn't even make the menu, notes presumptive CNET killer Michael Arrington, who presents the internal memos emailed to CBS and CNET employees. Farber might have been prescient in posting a photo of early CNETeer Ryan Seacrest to his preview of the Web site's new redesign — the CBS News demographic is older than the silver-maned Farber, and CBS head honcho Les Moonves played up sports and entertainment ahead of news at the new company.

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