Gerry Smith
Bloomberg
New York, NY, United States
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Past articles by Gerry:
The Murdoch Empire — and Fox News — Is at a Crossroads
Back in 2021, Fox Corp. chairman Rupert Murdoch was described by President Joe Biden as the “the most dangerous man in the world,” such was the raw power his cable news network had in shaping public opinion. → Read More
Jesus Stars in $12 Million Super Bowl Ads Funded by Anti-Abortion Group
Two of the most-talked-about Super Bowl ads on Sunday focused on an unlikely topic: Jesus. → Read More
Sinclair’s Sports Channels Prepare Bankruptcy, Putting Team Payments at Risk
America’s largest owner of local sports channels is heading toward a complex $8.6 billion debt restructuring in bankruptcy court as it stakes its future on a new direct-to-consumer streaming service. → Read More
Kevin Warren, College Football’s Savvy Negotiator
In August the Big Ten reached a seven-year contract with CBS, Fox and NBC that will pay the conference about $1.1 billion annually, the largest media deal for college athletics. → Read More
DOJ Is Preparing to Sue Google Over Ad Market as Soon as September
The US Justice Department is preparing to sue Google as soon as next month, according to people familiar with the matter, capping years of work to build a case that the Alphabet Inc. unit illegally dominates the digital advertising market. → Read More
WWE’s Vince McMahon Retires Amid Misconduct Allegations
Wrestling promoter Vince McMahon, under investigation by his board for misconduct, announced Friday that he’s retiring. → Read More
Jan. 6 Hearings: Surprise Witness Drew Most Viewers of Daytime Sessions
The Jan. 6 House hearing centered on an insider’s account by a White House aide attracted more than 13 million viewers Tuesday, the most-watched of the committee’s daytime sessions. → Read More
Everything You Need to Know About Netflix’s Big Miss
Its first decline in subscribers since 2011 triggered a $54 billion stock value loss and raised questions about the future of streaming. → Read More
DirecTV to Drop One America News on Tuesday Despite Pressure
DirecTV plans to drop One America News Network on Tuesday, ignoring pressure to reverse course from the conservative cable outlet and its supporters. → Read More
White House Press Secretary Jen Psaki in Talks to Join MSNBC
White House Press Secretary Jen Psaki is in exclusive talks to join MSNBC, according to a person familiar with the matter. → Read More
New York Times Buys Wordle in Push to Expand Games Business
The New York Times acquired Wordle, adding the popular daily word phenomenon to the newspaper company’s expanding portfolio of games and puzzles. → Read More
DirecTV to Drop One America News in Blow to Conservative Channel
DirecTV, one of the largest U.S. pay-TV providers, plans to drop One America News Network, dealing a major blow to the conservative channel that’s been criticized for spreading misinformation and had a loyal fan in former President Donald Trump. → Read More
NFL Viewership Rises 10% as Close Games Bring Fans Back
The NFL’s regular season viewership rose 10%, benefiting broadcasters and advertisers after the previous year’s drop. → Read More
New York Times to Buy the Athletic in $550 Million Deal
The New York Times Co. agreed to buy the Athletic, acquiring a sports-news website with more than 1 million subscribers, according to a person familiar with the matter. → Read More
BuzzFeed Stock (BZFD): SPAC Quiz Tests Knowledge of IPO’s Cousin
In honor of BuzzFeed’s SPAC deal, test your knowledge with this BuzzFeed-inspired quiz about the trendiest alternative to an IPO. → Read More
Rupert Murdoch Tells Trump He Needs to Leave the Past Behind
Media baron Rupert Murdoch told former President Donald Trump that he needed to leave the past behind and focus on the future to address problems the country faces. → Read More
Discovery+ Cuts High-Profile Shows in Programming Shift
Discovery Inc. is cutting back on high-profile projects with A-list stars as part of a strategy shift away from more-expensive programs, according to people familiar with the matter. → Read More
New Batman Podcast on HBO Max Highlights Growing Importance of Audio in Streaming Wars
The 10-episode scripted podcast will serve as a closely watched experiment for the streaming industry. → Read More
‘Jeopardy!’ Producer Leaves Show in Wake of Offensive Comments
Mike Richards resigned as executive producer of “Jeopardy!” and “Wheel of Fortune” in the latest fallout over a report that he used offensive language and disparaged women’s bodies. → Read More
Struggling News Industry Steps Up Recruitment of Diverse Leaders
With much of corporate America targeting greater diversity in its management ranks, news companies are taking steps to close the gap, offering a glimpse at what more representative leadership might bring in an industry that has lagged behind. → Read More