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Greetings from Seattle, and welcome back to In the Room. John &
Jordi had me on TBPN this week to talk about David Ellison’s WarnerMount tie-up, the future of Hollywood, and the Allen & Co. summit in Sun Valley. It’s always a delight with these guys. Watch here.
In tonight’s issue, news and notes on the latest developments at CBS News as Nick Bilton heads into his inaugural season
at 60 Minutes. In addition to hiring talent and programming the show, Nick and Bari will also have to contend with a vocal coalition of expatriates—including the show’s former E.P., Bill Owens, who seems remarkably eager to test the limits of his NDA. As usual on Wednesdays, this send is exclusively available to Puck Inner Circle subscribers. Upgrade here, if
you haven’t already.
🎙️ Plus, on the latest episode of The Grill Room: Stephen Dubner, the Freakonomics author and podcast host, unveiled his new YouTube show, Better in Person, and discussed the art of the longform interview. Follow The Grill Room on Apple,
Spotify, or wherever you prefer to listen.
Also mentioned in this issue: Rob Bonta, Rich Greenfield, Brendan Carr, Mark Lazarus, Jony Ive, Sam Altman,
Scott Pelley, Sharyn Alfonsi, Cecilia Vega, Anderson Cooper, Tony Dokoupil, Major Garrett, Lulu Garcia-Navarro, Shari Redstone, Trump, Kamala Harris, Wendy McMahon, George Cheeks, Susan Zirinsky, Lachlan Cartwright, Al Ortiz, and more.
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Bonta vs. Ellison: There’s been ample focus this week on Rob Bonta and the A.G.’s challenge to David Ellison’s WarnerMount merger. I weighed in here on Monday, but those who want a deep understanding on the looming legal battle should read the latest
missive from Puck legal expert Eriq Gardner. As Eriq noted, Bonta’s suit is a traditional antitrust complaint “designed to survive judicial scrutiny, not merely dominate a news cycle.” While it may be “a conventional complaint,” it’s “hardly a conventional case,” and it portends “an injunction fight, accelerated discovery, armies of
economists, and a race against a ticking fee that accrues starting October 1.”
Meanwhile, Lightshed’s Rich Greenfield rightly noted that while Ellison & Co. are projecting confidence, their actions—“threatening to leave California, hiring the top Supreme Court litigator in America, and name-checking Netflix in every filing”—suggest that they, too, are girding for a long battle ahead.
So, what happens next? Eriq expects a temporary restraining order to “preserve the
status quo (meaning the deal can’t close next week as planned), followed by expedited discovery and a compressed evidentiary hearing on a preliminary injunction. That hearing, likely in August or September … may determine whether this merger proceeds on schedule or becomes mired in months of uncertainty.”
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Carr lifts local: F.C.C. chair Brendan Carr plans to lift the limit on local broadcasters’ reach in order to clear the way for Nexstar’s acquisition of Tegna. Historically, the agency has capped the number of households a broadcaster is allowed to reach at 39 percent of the national market. With Tegna, Nexstar’s reach would extend to roughly 80 percent of all households. Broadcasters have been pushing for an easing of the restrictions, and the move is likely to open the
path for consolidation among other players beyond Nexstar.
Predictably, Carr has argued that the change is also necessary to combat the alleged partisanship of national conglomerates like Disney and Comcast. “Their national programs naturally reflect the values of the New York and Hollywood executives that produce them,” Carr wrote in an op-ed for Breitbart. “This power imbalance has contributed to a steady decline in locally produced news—and with it, a weakening of the public’s trust in
the media.” - Laz+: Versant chief Mark Lazarus wants to use Fandango’s free streaming service to make a run at Tubi, Pluto, and other FAST services. The company told THR that it is rebranding Fandango At Home as Fandango, and will increase content on the platform by at least 20 percent as well as eventually introduce original content. Most notably, Laz announced this week that Versant had struck a five-year deal for rights to
Germany’s Bundesliga, which it will broadcast on USA Network and stream on Fandango. Sure, there are only so many diehard Dortmund or Leverkusen fans out there, but it’s a start.
- And finally…: Jony Ive’s first device for OpenAI will be a movable, screenless smart speaker, per Bloomberg. It sure sounds like ChatGPT’s answer to the HomePod. As you know, Apple has sued OpenAI for allegedly stealing trade secrets, though
Sam Altman & Co. maintain that their device differs from anything Apple has on the market.
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While the upcoming season of 60 Minutes will surely attract outsize
attention and scrutiny as yet another measure of Bari Weiss’s competency, the real showstopper may be the coming memoir by the show’s former executive producer.
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In the coming weeks, I’m told, new 60 Minutes executive producer Nick Bilton
will announce a fresh slate of correspondents who will anchor the storied newsmagazine’s 59th season, which debuts in just two months. The names are sure to garner significant scrutiny and attention—the inexorable decline of television news notwithstanding. Yes, 60 Minutes may be shoulder programming for the NFL, but David Ellison’s ownership of CBS and Bari Weiss’s chaotic tenure atop its news division has cast a klieg light on every
incremental hiring, firing, and programming change.
Nearly three dozen people were interviewed for just a few positions. Those chosen will fill the vacancies left by Scott Pelley, Sharyn Alfonsi, and Cecilia Vega, all of whom were memorably fired at the end of last season, as well as Anderson Cooper, who masterfully choreographed his own light-touch protest exit. Alas, I don’t have a shortlist, but I can reliably assure
you that most names floated to date are erroneous, including existing CBS News talent like Tony Dokoupil and Major Garrett, who already have their day jobs.
The success of the new 60 Minutes weighs heavy on Bari and Nick. It is now the proving ground for their own editorial and managerial competency. At the same time, it’s also the sudden obsession of many CBS News insiders, industry veterans, and a coalition of anti-Ellison résistance
tweeters who have channeled their anxieties about the unraveling of American media into contempt for a certain entrepreneurial interloper from Squirrel Hill. Few of these folks may have even been familiar with most of what was on 60 Minutes before Bari’s arrival; come September, every segment of the show will be a referendum on both her and Nick’s proficiency and politics.
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Bari and Nick’s efforts will be further challenged by the enduring resentments of their exiled
predecessors, most notably the show’s former executive producer, Bill Owens. Memorably, Pelley fired his shots at Bari and the Ellisons all at once, in a much-reported-upon all-hands and a subsequent surreal and emotional interview with The New York Times’s Lulu Garcia-Navarro. But Bill appears to be girding for a longer battle and potentially higher impact.
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Bill, as you’ll recall, is the irascible 60 Minutes veteran who effectively
acted as the news division’s spiritual and editorial leader during its chaotic chapter before Shari Redstone’s sale of Paramount. Owens oversaw 60 Minutes while it was facing that $10 billion lawsuit from Trump over a relatively innocuous edit to a Kamala Harris interview. Shari, who was mortally preoccupied with getting the deal through, put pressure on Bill and CBS News C.E.O. Wendy McMahon to offer an official
apology along with the network’s settlement, and started taking greater interest in reviewing programming before it went to air. After one particularly controversial 60 Minutes package on Gaza, Shari also asked CBS TV chair George Cheeks to bring in network veteran Susan Zirinsky to oversee standards, which Bill took as an infringement on his jurisdiction.
Bill and Wendy developed something of a trauma bond during this time, according to sources
in their inner circle. Wendy, a career stations operator with little experience in news, leaned on Bill for his editorial expertise and expanded his remit to include Evening News, while also following his lead on how to respond to their corporate overlords. As pressure from the front office increased, the two defiantly cast themselves as a bulwark against corporate interference—right up until April of last year, when Bill resigned.
As part of Bill’s separation agreement, I’m
told, Paramount agreed to honor the remaining years of Bill’s multimillion-dollar contract, which it is still paying out on an annual basis. At the same time, Bill was required to sign a non-disparagement agreement, according to sources with knowledge of the matter. And yet, on multiple occasions since leaving CBS, Bill has been a vocal critic of Paramount leadership and Bari herself. Last month, while accepting an award from the New York Press Club, he referred to Bari as “a fraud” and “an
ideologue.”
More notably, Bill has written a book proposal for a tell-all memoir about his time at CBS News. In the proposal, which was first obtained by Breaker’s Lachlan Cartwright, Bill accused Shari of surrendering to political pressures and destroying CBS through catastrophic leadership, alleged that corporate executives systematically interfered with the editorial independence of 60 Minutes, contended that senior management abandoned journalism in favor of
merger politics, and attacked David and Bari for politicizing CBS News. He referred to Bari as “an opinion writer who has made a name for herself by having a lot of opinions.”
The revelation of Bill’s book proposal raised eyebrows up and down the Paramount and CBS org chart, I’m told, especially in light of the terms of his separation agreement. I’m also told that Cheeks and the network’s lawyers have at least considered the possibility of taking legal action against Bill over the book,
though no formal steps have been taken. Spokespeople for both Paramount and CBS declined to comment. Bill, meanwhile, declined to engage on the record.
Presumably, Bill is smart enough to understand the nuances of his separation agreement and know what he can get away with saying without risking those multimillion-dollar payouts. Though one wonders exactly what he will have to say. Shari’s attempt to gain greater oversight of 60 Minutes resulted in the return of a
network veteran, Zirinsky, who in turn appointed a producer, Al Ortiz, to screen each package, continuing a practice that has been in place at 60 Minutes for decades. By all accounts, Susan and Al had a very light touch. That hardly reads like systematic editorial interference, but maybe Bill’s keeping his best material for the book. Alternatively, like Pelley, his revenge media strategy could backfire—making him largely only a victim of his own imagination.
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Puck founding partner Matt Belloni takes you inside the business of Hollywood, using exclusive reporting and insight
to explain the backstories on everything from Marvel movies to the streaming wars.
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A professional-grade rundown on the business of sports from John Ourand, the industry’s preeminent journalist,
covering the leagues, players, agencies, media deals, and the egos fueling it all. Plus, the latest intel from Eriq Gardner on the sports legal beat.
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