Former Disney CEO Bob Iger appeared at the Code Conference earlier this week, and mentioned he suggested the company purchase Twitter in 2016.
Iger, who said he was quickly rebuffed, said the sticking point of the deal was similar to the concerns Elon Musk had when exploring a purchase of the social media site: the amount of bots and fake accounts.
“Then, after we sold the whole concept to the Disney board and the Twitter board, and we’re really ready to execute — the negotiation was just about done — I went home, contemplated it for a weekend, and thought, ‘I’m not looking at this as carefully as I need to look at it.’ Yes, it’s a great solution from a distribution perspective. But it would come with so many other challenges and complexities that as a manager of a great global brand, I was not prepared to take on a major distraction and having to manage circumstances that weren’t even close to anything that we had faced before.”
Iger said the deal fell apart after the 2016 election, saying the potential for hate on the platform didn’t align with Disney’s brand.
“Then you have to look, of course, at all the hate speech and potential to do as much harm as good. We’re in the business of manufacturing fun at Disney — of doing nothing but good, even though there are others today that criticize Disney for the opposite, which is wrong. This was just something that we were not ready to take on and I was not ready to take on as the CEO of a company and I thought it would have been irresponsible.”
Rachel Maddow Releasing New Podcast Series
Rachel Maddow Presents: Ultra is the all-but-forgotten true story of good, old-fashioned American extremism getting supercharged by proximity to power.”
A new podcast is coming soon from MSNBC’s Rachel Maddow.
Deadline reports Rachel Maddow Presents: Ultra will premiere two episodes on October 10th, with new episodes being released every Monday. In a teaser of the podcast, Maddow explains the series is “an American story.”
MSNBC described the series as a podcast featured on “sitting members of Congress aiding and abetting a plot to overthrow the government. Insurrectionists criminally charged with plotting to end American democracy for good. Justice Department prosecutors under crushing political pressure. Rachel Maddow Presents: Ultra is the all-but-forgotten true story of good, old-fashioned American extremism getting supercharged by proximity to power. When extremist elected officials get caught plotting against America with the violent ultra right, this is the story of the lengths they will go to… to cover their tracks.”
Under a new contract with NBCUniversal that saw Maddow scale back her nightly MSNBC program to Mondays only, she’s developing new projects like podcasts and documentaries. Alex Wagner now hosts the 9:00 PM ET primetime hour on MSNBC Tuesday to Friday.
Joe Salzone is a news media writer for Barrett News Media. He’s a native of Long Island and has been involved in the radio industry since he was 16 years old. Currently, he serves as the News Director for the Cayuga Radio Group and hosts Ithaca’s Morning News on WHCU. His radio career has included stops at SiriusXM, Galaxy Communications, WGBB, WNYG, and the Finger Lakes Radio Group. He can be found on Twitter @JoeSalzone.
Keith Olbermann: American Journalism ‘Re-Invented’ During Trump Presidency
“The overwriting principle used to be: get a scoop, get in the paper or on the air as soon as possible because that’s your job, and that’s your only actual value to society as well.”
During his Countdown with Keith Olbermann podcast Friday, the former cable news host slammed a recent opinion from Politico’s John Harris that Americans need more journalists like Maggie Haberman, among others.
Olbermann has been critical of Haberman’s decision to withhold important facts in relation to the former President Donald Trump and save them for her upcoming book rather than report them in The New York Times.
“What Harris does not understand is American ‘journalism’ did re-invent itself,” Olbermann said. “The overwriting principle used to be: get a scoop, get in the paper or on the air as soon as possible because that’s your job, and that’s your only actual value to society as well. It is also — and I speak as somebody who broke a lot of sports news including the Wayne Gretzky trade and Michael Jordan’s first dalliance with a comeback — it is the joy of doing the journalism. You have the story, and nobody else does!”
He continued by saying Harris and Haberman believe the point of American journalism is not to inform the public but rather how much money you can make in the process.
Haberman’s book “Confidence Man: The Making of Donald Trump and the Breaking of America” is expected to hit bookshelves on Tuesday, October 4th.
Andrew Cuomo Launches Action Committee, Podcast
Cuomo is joining his brother Chris in the news media world as the politician launches a political action committee and a podcast.
Former New York Gov. Andrew Cuomo is joining his brother Chris in the news media world as the politician is launching a political action committee and a podcast.
“I am starting a political action committee to elect the right people to office,” Cuomo said (h/t CNN). “We do not need more panderers. We need producers. We need people committed to fight for change and who get results.”
The video also featured familiar criticism of social media, which he has often blamed for fueling the backlash the led to his resignation, which effectively halted state lawmakers’ plans to impeach and remove him from office.
“It’s a Twitter mob, but the mob has power and many politicians and press are afraid to challenge it lest the mob turn on them,” Cuomo added.
Cuomo’s podcast intends to dive into what he believes is the truth and how the platform will differ from what is already out there.
“This forum will be different. My intention is to speak the full truth, unvarnished, from the inside out, frank and candid,” Cuomo said.
“As a person who’s been in the room many times for many years and knows these people and knows their games, and as a person who actually did the job.”
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at firstname.lastname@example.org.