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Page 1: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news
Page 2: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

WE ARE CULTURE CATALYSTS AND MOMENT MAKERS

ENTERTAINMENT. ELEVATED.

Page 3: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

THE DEFINITIVE VOICE OF ENTERTAINMENT AMONG BOTH INDUSTRY LEADERS AND POP CULTURE FANSHOLLYWOOD LIVES HERE

R O B E R T D E N I R O / A D A M D R I V E R / J A M I E F O X X / T O M H A N K S / S H I A L A B E O U F / A D A M S A N D L E R

T H E

December 4, 2019

BABY YODA’S FATHER SPEAKSJon Favreau on his stellar year and beyond

‘I WROTE 30 CHRISTMAS MOVIES’Who’s fa-la-la-ing all the way to the bank

SHARI REDSTONE’S NEXT MOVECan a merged ViacomCBS compete?

THE NEW DRAG QUEEN ECONOMYRed carpets and rising revenue

A C T O R R O U N D T A B L E

40cover [P]{Print}_51639480.indd 2 12/3/19 12:32 PM

Heat Index

Showbiz Stocks

The Re ortBehind the Headlines

D E C E M B E R 4 , 2 0 1 9T H E H O L L Y W O O D R E P O R T E R 1 7

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Illustration by James Fosdike

↑ Digital‘Low’ Value Subs?Hulu scales up quickly with deep discounts p. 20

Labor#PayUp ProgressHollywood assistants step up organizing p. 22

$17.57 (+6%) CUMULUS (CMLS)

Investors see upside in syndication for the radio firm, in particular of conservative talker Ben Shapiro, ahead of the presidential election.

$136.07 (-14%) ROKU (ROKU)

Morgan Stanley cuts its rating to “underweight” amid concerns that earnings at the streaming platform will “slow meaningfully” in 2020.

publishing business as a non-core asset for potential divestiture for ViacomCBS,” says CFRA Research analyst Tuna Amobi, noting that the division “has recently been a drag on CBS’ overall results while also unlikely to play a meaningful strategic role in the direct-to-consumer transition for the combined company.”

Beyond narrowing its focus to growth areas with potential — such as selling content to D-to-C streaming platforms like Netflix and investing in its own services, like CBS All Access — the com-pany could use proceeds of asset sales to pay down its $17.4 billion debt. Divesting for a more nar-row focus was already a strategy employed by former CBS CEO Leslie Moonves, who shed the bill-board business in 2013 and radio three years later.

A fter Jeff Bewkes was made CEO of Time Warner in 2007, he sold off AOL,

Time Warner Cable and even corporate namesake Time Inc. to focus the firm’s energies on the creation and distribution of film and TV content (and aggressively position it for an eventual sale to AT&T). Rupert Murdoch, for decades an acquirer, sold most of 21st Century Fox to Disney this year for $71.3 billion to concen-trate on live sports and news with Fox Corp.

Now, as ViacomCBS officially forms (expected on Dec. 4), Wall Street analysts and insiders are predicting that controlling shareholder Shari Redstone, CEO Bob Bakish and president and act-ing CBS CEO Joseph Ianniello are pondering a similar strategy — call it slimming down to scale up.

As ViacomCBS finally takes shape, Wall Street skeptics hope the mogul will sell ‘non-core’ assets (like book publishing, real estate or even a TV channel) to better position the firm for investors

BY PAUL BOND AND GEORG SZALAI

To be sure, investors are clamor-ing for something of significance, given shares of both CBS and Viacom have sunk steadily, wiping roughly $10 billion off the com-bined firm’s market cap since they revealed Aug. 13 that they would merge. Bakish’s pronouncement of a minimum $500 million in

cost synergies within two years just isn’t cutting it.

Indeed, there are assets that stick out as divestiture pos-

sibilities, such as book publisher Simon & Schuster and Watch! magazine. At CBS, where Simon & Schuster resides, overall revenue rose 6 percent in 2018 to $14.5 bil-lion, but its publishing segment saw a slight decline to $825 mil-lion. “It wouldn’t perhaps be far-fetched to think of the book

Paul TelegdyThe NBC Entertainment chairman leads the network to its first November sweep win in viewers since the Must-See TV heyday of 1996, snapping CBS’ 18-year winning streak.

Simon CowellThe America’s Got Talent creator takes fire as an outcry over Gabrielle Union’s exit from the NBC show raises concerns over its treatment of people of color.

Alki DavidA jury slaps the Greek billionaire and producer with $58 million in damages in a sexual battery and harassment case brought by a former assistant.

Does Shari Redstone’s Empire Need to Slim Down to Scale Up?

Nov. 25-Dec. 2

Bakish

Ahmed BestThe Jar Jar Binks character actor rejoins the Star Wars team, hosting a Lucasfilm game show set to debut on Disney+ in fall 2020.

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Creative Space

The Business

D E C E M B E R 4 , 2 0 1 9T H E H O L L Y W O O D R E P O R T E R 4 9

Photographed by Jai Lennard

“I want to be accessible,” says Angelo of

choosing a desk in the middle of Vice’s

millennial-heavy newsroom.

Jesse AngeloVice Media’s news and entertainment boss

on digital skepticism, James Murdoch’s investment and the ‘corrupt system’ of cable news

By Jeremy Barr

Jesse Angelo was photographedNov. 21 at Vice’s Brooklyn headquarters.

Angelo still uses shorthand if he takes notes in

a reporter’s notebook, but, he says, “I

prefer Evernote on my laptop.”

A “completely spontaneous

moment” between Angelo and his

wife, former Daily Beast columnist Rebecca Dana.

A model of an old WH Smith

newsstand in London, where Angelo began his career. “Papers

were so much fun,” he recalls of

the time.

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Style

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Three head-to-toe power looks break down how to wearsleek and chic leather pieces — some faux,

some real, all new this winter — to the office Photographed by Lisa Shin

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Page 4: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 5: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 6: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 7: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 8: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 9: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 10: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 11: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

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Page 12: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

APPENDIXSPECS • PRODUCTS • CALENDAR • CONTACTS

Page 13: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

PRINT SPECSBLEED PARTIALS, COVERS & SPECIALITY SIZES STAND-ALONE BACK COVERS: MAILING LABEL IN UPPER RIGHT CORNER ALONG SPINE. CONTACT PRODUCTION FOR BACK COVER, BLEED PARTIAL AND OTHER SPECIALTY SIZE SPECS AND TEMPLATES.

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ALL CROP MARKS MUST BE OFFSET (OUTSIDE OF THE BLEED AREA) BY AT LEAST .375” (9.5MM)

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SPACE BLEED NON-BLEED TRIM - THIS IS OUR PAGE SIZE FULL PAGE 10.5” X 13.5” 9.25” X 12.25” 10” X 13” 266.7mm X 343mm 235mm X 311mm 254mm X 330mm

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1/3 VERTICAL 4.17” X 13.5” 2.5833” X 11.9167” 3.4167” X 13” (+ BOOKENDS) 106mm x 343mm 65.62mm x 302.6mm 86.7mm x 330mm

1/4 HORIZONTAL 10.5” X 3.75” 8.3333” X 2.67” 10” X 3.25” 266.7mm x 95.25mm 211.66mm x 68mm 254mm x 82.6mm

1/4 VERTICAL 3.20” X 13.5” 1.875” X 11.9167” 2.71” X 13”

Page 14: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

HIGH-IMPACT PRINT

For Your Consideration

Best Limited Seriesand in all eligible categories

AppleTV_Inside_Files.indd 1 11/5/19 11:13 AM

For Your Consideration

Best Drama Seriesand in all eligible categories

For Your Consideration

Best Drama Seriesand in all eligible categories

Watch on the Apple TV app.

AppleTV_Inside_Files.indd 2 11/5/19 11:13 AM

November 13, 2019

LAURA DERN

LUPITA NYONG’O

JENNIFER LOPEZ

RENÉE ZELLWEGER

AWKWAFINA

SCARLETT JOHANSSON

THE SECRET PAST OF

A HOLLYWOOD FUTURIST

‘THE RACHEL’ LATTE, ANYONE?

PEAK TV AS POP-UPS

STREAMING STANDOFF:

THE COMING LABOR WAR

VROOOOM! THE MAKING

OF FORD V FERRARI

37cover [P]{Print}_51185351.indd 1

11/12/19 12:13 PM

P O S T E R R E V E A L S LE E V E W R A P FR O N T C OV E R GAT E F O LD

4 p a g e ve r s i o n

i n s i d e g a t e f o l d ex t e n d e d

S H O R T S TA P LE D C OV E R W R A P

November 13, 2019

LAURA DERNLUPITA NYONG’OJENNIFER LOPEZ

RENÉE ZELLWEGERAWKWAFINA

SCARLETT JOHANSSON

THE SECRET PAST OF A HOLLYWOOD FUTURIST

‘THE RACHEL’ LATTE, ANYONE?PEAK TV AS POP-UPS

STREAMING STANDOFF:THE COMING LABOR WAR

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Page 15: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

HIGH-IMPACT DIGITAL

H O M E PAG E TA K EOV E R R O S P R E- R O LL R O S D I S P L AY N E W S LE T T E R S

Page 16: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

EVENTS

OCTO B E R N OVE M B E R D ECE M B E RJ U N E

Page 17: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

THR CONTACTSJ U L I A N H O L G U I N

Executive Vice President, Head of Brand Partnerships

[email protected] 212 .493.4115

V I C T O R I A G O L D Senior Vice President,

Entertainment [email protected]

323.525.2028

B E T H D . R A B I S H AW Senior Vice President,

Television & Media [email protected]

323.525.2259

A L E X V O N B A R G E N Vice President, Luxury

[email protected] 212 .493.4321

A L I S O N S M I T H - P L E I S E R Managing Director, International

[email protected] +44.7788.591.781

J O E M A I M O N E Vice President, Billboard Sales

[email protected] 212.493.4427

C A R O LY N B E R N S T E I N Executive Director,

Film & Television [email protected]

323.525.2193

D E B R A F I N K Executive Director,

Independent Film & Talent [email protected]

323.525.2249

S C O T T P E R R Y Executive Director, Television

[email protected] 212.493.4408

K E L LY J O N E S Executive Director, Group Production

[email protected] 323.525.2163

Page 18: WE ARE CULTURE CATALYSTS AND MOMENT MAKERS...Vice Media’s news and entertainment boss on digital skepticism, JamesMurdoch’s investment and the ‘corrupt system’ of cable news

THANK YOU