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Buffett Grabs $3B Chunk of GE

Shrewd market player aiming for windfall after chaos clears

(Newser) - Mega-pockets investor Warren Buffett is sinking $3 billion into General Electric, whose share prices have slumped a third amid the financial chaos on Wall Street, Reuters reports. Buffet, 78, negotiated a 10% dividend, which could generate $300 million income a year. The move comes a week after he invested $5...

In His Encore, Brokaw Again a Heavy-Hitter for NBC

Russert's fill-in has played diplomat between NBC, McCain

(Newser) - NBC is preparing for a post-Brokaw Meet the Press, but replacing the elder statesman won’t be easy, the New York Times reports. Brokaw has exceeded expectations as a fill-in for Tim Russert, keeping NBC’s Sunday show atop the ratings. Less publicly, he’s been a crucial diplomat between...

Is Brady's Injury a Financial Disaster?

CBS execs expect to lose millions, but hope Favre will draw viewers

(Newser) - Tom Brady’s season-ending knee injury may have crippled the New England Patriots, but what will it cost in dollars and cents? As the NFL’s marquee player, Tom Brady is a money-making machine—yet executives at CBS, which pays $622 million for the AFC package, won't say how many...

Obama Set for Return Engagement on SNL

Democrat will appear in sketch during tomorrow night's season premiere

(Newser) - Barack Obama will make his second appearance on Saturday Night Live tomorrow night, the AP reports. The Democratic presidential nominee first appeared on the NBC show in November, playing himself in a skit set at a Halloween party thrown by his then-rival and Democratic front-runner Hillary Clinton. Michael Phelps will...

Apple Touts New iPods, but Stock Stumbles

New gizmos thin—as is Jobs, who pokes fun at alleged health crisis

(Newser) - Steve Jobs unveiled an overhauled line of Apple gadgets today—thinner iPod Nano and Touch devices—and a shiny new deal with NBC, but not before spoofing reports of his poor health, Reuters notes. Borrowing a line from Mark Twain, the Apple chief and cancer survivor flashed a message on...

It's Not Too Late, MSNBC: 'Stay Crazy'
It's Not Too
Late, MSNBC: 'Stay Crazy'
OPINION
Sep 8, 2008 5:09 PM CDT

It's Not Too Late, MSNBC: 'Stay Crazy'

Blogger calls for Matthews, Olbermann to keep their jobs

(Newser) - David Gregory will be the face of MSNBC's election coverage, and the ouster of "loud shouty people" Keith Olbermann and Chris Matthews isn't sitting well with at least one viewer. "It's a stupid, stupid idea, for many reasons," Alex Pareene writes on Gawker of NBC Universal's decision....

Adobe Tops Microsoft for NFL Streaming

(Newser) - Power up, football fans: NFL is streaming its NBC Sunday night games live for free, CNET reports. Using Adobe's Flash, it streamed one game this week and is continuing tonight with the Chicago Bears' matchup against the Indianapolis Colts. The technology offers a few tricks, too: a “star cam”...

Swayze Joins Cancer Telethon
 Swayze Joins Cancer Telethon 
Sep 6, 2008 6:48 AM CDT

Swayze Joins Cancer Telethon

Celebrities touched by cancer join historic 3-network telethon

(Newser) - Dozens of Hollywood's finest got together for a historic hour-long, three-network telethon in support of cancer research last night, reports AP. They included cancer survivors Elizabeth Edwards, Christina Applegate and Lance Armstrong, among several others, who made passionate pleas for funding to fight the disease. Cancer kills 550,000 Americans...

What's Eating Alec Baldwin?
 What's 
 Eating 
 Alec
 Baldwin?


GLOSSIES
Sep 6, 2008 5:09 AM CDT

What's Eating Alec Baldwin?

'I don’t think I really have a talent for movie acting,' laments Red October star

(Newser) - Alec Baldwin—star of a hit TV show, winner of Golden Globes and SAG Awards, co-star to Jack Nicholson, Leonardo DiCaprio and Nicole Kidman—isn't all that jazzed about acting anymore. “There’s just something else I want to do,” the 50-year-old actor tells Ian Parker in the...

'Dr. Greene' to Return to ER
 'Dr. Greene' to Return to ER 
Sep 5, 2008 11:20 AM CDT

'Dr. Greene' to Return to ER

Edwards will reprise role as dead character in flashbacks

(Newser) - Dr. Mark Greene is coming back to ER, but he's not coming back from the dead. Anthony Edwards will reprise the role of Greene, who died of a brain tumor at the end of the 2002 season, in flashback scenes in the Nov. 13 episode, NBC says. Other County General...

Letterman Perplexed by NBC's Move to Ditch Leno

But Dave would love to continue beyond 2010

(Newser) - David Letterman isn't planning to head off into the sunset when his Late Night contract expires in 2010, the New York Times reports, telling a Rolling Stone interviewer that he would love to keep going at CBS—and that he was confused by NBC's decision to put longtime rival Jay...

Cable News Was Biggest Convention Winner
Cable News Was Biggest Convention Winner
OPINION
Sep 1, 2008 9:33 AM CDT

Cable News Was Biggest Convention Winner

Broadcasters cede historic role as political pundits

(Newser) - The Democratic Convention made it official, writes Scott Collilns in the Los Angeles Times: The broadcast networks have passed the political torch to the cable networks. CNN, Fox News, and MSNBC not only delivered “wall to wall coverage” compared to the broadcast nets' paltry hour of nightly programming. Their...

Online Olympics Viewing Shatters Records

But TV's still tops, NBC says

(Newser) - The Internet played an unprecedented role in Olympics viewing this year, with NBCOlympics.com and Yahoo leading the online-coverage pack, the New York Times reports. With 1.2 billion page hits and 72 million video streams, NBC more than doubled its Web traffic from the past two Olympics combined. The...

NBC's Olympic Ratings: Gold
 NBC's
 Olympic
 Ratings:
 Gold
ANALYSIS
Aug 20, 2008 2:02 PM CDT

NBC's Olympic Ratings: Gold

Phelps' record-breaking swim is highlight of network's bonanza

(Newser) - NBC’s Olympic coverage smashed the competition last week, in what Variety suggests could be the most decisive rout in television history. Viewership was buoyed by Michael Phelps’ record-breaking gold-medal performance Saturday; in addition, NBC’s various networks reached a staggering 83% of the US. The margins were the biggest...

McCain Cries Foul Over NBC Coverage
McCain Cries Foul Over NBC Coverage
Aug 18, 2008 10:20 AM CDT

McCain Cries Foul Over NBC Coverage

Reporter questioned whether forum 'cone of silence' was breached

(Newser) - The McCain camp has fired off a stern letter to NBC objecting to coverage of the weekend's Rick Warren forum, after Andrea Mitchell reported speculation the Republican might have had access to the questions he was asked ahead of time. Commentators wondered if the "cone of silence" designed to...

Olympics Online Coverage Still In Learning Curve

NBC serves up quantity, but quality is sometimes lacking

(Newser) - NBC is offering a nearly endless supply of Olympics coverage online, a laudatory move but one with its share of hiccups, writes Robert Bianco in USA Today. NBCOlymics.com provides live feeds of dozens of events—many of them obscure—for free. But the broadcasts lack much of the polish...

Games Give Sap-O-Meter a Workout
Games Give Sap-O-Meter
a Workout
olympics
Aug 12, 2008 6:06 PM CDT

Games Give Sap-O-Meter a Workout

Viewers can track 'adversity,' 'miracles,' and NBC schmaltz

(Newser) - NBC is known for laying it on a little thick in the heart-tugging category of its Olympic coverage, so Slate thinks it's about time we quantified things. Its new Sap-O-Meter will keep track of sentimental buzzwords such as "adversity," journey," "sacrifice," and  "miracle,"...

McCain Hopes $6M Olympic Ad Buy a Winner

Last-minute grab, rare in national reach, tops Dem's $5M outlay

(Newser) - Athletes won’t be the only competitors when the Beijing Olympics open Friday, Advertising Age reports: John McCain’s campaign made a last-minute, $6 million ad buy with NBC, topping the whopping $5 million Democratic opponent Barack Obama is spending. The large national scope of the advertising blitz is a...

Forget Olympics: Gladiators Takes Gold for Fun
Forget Olympics: Gladiators Takes Gold for Fun
OPINION
Aug 2, 2008 7:58 AM CDT

Forget Olympics: Gladiators Takes Gold for Fun

Rocketball and Gauntlet make better TV than all that running and swimming

(Newser) - American Gladiators wraps up just before the Olympics, and the Games will seem mighty dull by comparison, Ben Mathis-Lilley writes in the Washington Post.  Rooting for the team is what makes watching sports fun, he writes, and it's much easier to root for an ordinary joe playing Rocketball than...

Obama Buys $5M in Olympic Ad Time

Set for NBC and cable channel coverage

(Newser) - The Obama campaign has bought $5 million worth of network and cable television airtime to run during coverage of the Beijing Olympics, reports TV Week. It's the first major TV airtime purchase by a political candidate in 16 years. NBC and its cable channels will air 3,600 hours of...

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