ChaseCarey
Latest
Fox threatens to become a pay-TV channel if courts greenlight Aereo, probably doesn't mean it
Quick: what's the difference between a broadcast TV network (Fox, CBS, ABC and NBC) and a cable channel (TBS, TNT, ESPN, etc.)? Oh, only millions and millions of viewers. Nevertheless, Fox's COO Chase Carey is perturbed enough by the mere thought of Aereo getting its way, that he's already claiming that the network will go dark in favor of becoming a cable channel -- if and when OTA network streaming over the internet is completely legalized, that is. Causticism aside, Carey's remarks are certainly indicative of how the networks feel about the potential disruption of their revenue stream, and moreover, showcases just how far we are from living in a world that isn't dominated by the same old processes when it comes to entertainment. Carey stated: "We need to be able to be fairly compensated for our content. This is not an ideal path we look to pursue, but we can't sit idly by and let an entity steal our signal. We will move to a subscription model if that's our only recourse." Is it possible that Fox would suddenly vanish from over-the-air antennas everywhere, screwing up countless programming agreements with a near-endless amount of partners? Sure... but it's also possible that the ninth circle of Hades will be converted into an NHL arena. We're calling your bluff, Carey. Update: According to the New York Times, Univision chairman Haim Saban joined the saber rattling, stating that his network is ready to consider all options, including converting to pay-tv.
News Corp. set to unload Myspace?
We hate to say it, but we could see this coming a mile down the road: After Myspace (or, as the kids say, my[_____]) relaunched itself as an entertainment portal to little effect late last year, and then the company went and laid off fifty percent of its staff, what's the next step? Tears -- a flood of bitter, bitter tears. And after that? Well, it looks like News Corp. is considering a couple options. As COO Chase Carey said on a recent earnings call, "The new MySpace has been very well received by the market and we have some very encouraging metrics. But the plan to allow MySpace to reach it's full potential may be best achieved under a new owner." Continuing with the theme, he told Paid Content the following: "There's been a lot of interest, because there's been some indication we're pursuing this path. We'll consider all options... it could be a sale, it could be an investor coming in to it, it could be us staying in with a restructured ownership structure with management." Now, that's a whole bunch of "corporate speak" there, and while the future is up in the air, we're fairly sure that if you called our man Chase and offered him cold, hard cash, you could probably take Myspace off his hands at a fairly reasonable price. Make sure you ask him to throw in the Blingees for free.
NBC Universal says 99-cent rentals would 'devalue' content, News Corp calls them a 'short-term test'
ABC and Fox may have been willing to part with their TV shows for 99 cents a pop on the new Apple TV and at Amazon, but don't be surprised if NBC Universal fails to join their ranks. "We do not think 99 cents is the right price point for our content," said CEO Jeff Zucker at an investor conference earlier this week, noting that NBC shows are indeed present on iTunes for those willing to shell out $1.99. That's not the only bad news for video-on-demand enthusiasts, as News Corporation is apparently reconsidering its stance -- though subsidiary Fox is presently dishing out 99-cent shows, president Chase Carey called its involvement a "short-term test." Guess that brave new world of cheap streaming is still a ways off, eh?
DirecTV CEO resigning effective July 1
Turns out the rumors were correct, DirecTV has officially announced CEO Chase Carey is resigning as of July 1, and a search for a successor is "under way." Of course, there's no word if the subsequent speculation that the company's next move after its spinoff/merger is a sale to AT&T is at all accurate, but we're sure there will be plenty of viewpoints on the subject in the weeks and months to come.
DirecTV CEO rumored heading back to News Corp
According to an Associated Press source, DirecTV CEO Chase Carey is in talks to return to News Corp. as Rupert Murdoch's second in command, which at least one analyst believes could be an indication the company will be sold outright soon, possibly to AT&T. Check out the read links for the business details, we're just wondering how a more permanent marriage of the satellite company and U-verse would work. Read - AP source: DirecTV CEO in talks to join News Corp Read - Analyst: Carey Departure = DirecTV Sale
