The pun on the opening lyric to Stormy Monday brings us to some interesting events in the media.1. Google and Verizon publicly launched their plan to amend "net neutrality". The San Jose Mercury News, which reflects Silicon Valley thinking, offers a little analysis.
2. A very curious story in the Financial Times about Rupert Murdoch waving the white flag in China. Guess this one didn't make Fox Business. Yes, I checked.
3. Gambling in the Casino Department: The Washington Post Co. got egg on its face when its Kaplan education arm was cited for misleading prospective and active students, resulting in Kaplan raking in oodles of money. Keep in mind WaPo's media component is a money loser; Kaplan is a huge money maker.
4. Cablevision, owner of Madison Square Garden and its resident sports franchises, just publicly embraced Isaiah Thomas and made him a high-level employee again. It's incredible, although in keeping with ownership's lack of morals. Thomas had been tarred in a sexual harassment suit, the proceedings for which unveiled the Garden's Borgia-like corruption.
5. A snippet of Ric Burns' "documentary" on Goldman Sachs has been leaked, via Minyanville. For those unfamiliar with the case, Goldman commissioned the work and has complete editorial control over it. This is on top of Goldman's first quarter results, in which its trading desk did not lose money on any day in the quarter.
No comments:
Post a Comment