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California’s population shrinks for second year in a row | California

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DealmakingGoesIntoOverdrive–TheHollywoodReporter

Withthe2022midtermelectionskickingintogear,andwhatissuretobeaheatedpresidentialelectioncyclejustoverthehorizon,starjournalistsareinhighdemand.ButwhileTVanchorsandcorrespondentshaveseentheirprofiles(andcompensation)risefordecades,thepastfewyearsinparticularhaveturbochargedthatshift. “Newstalentinthelastfiveyearshavebecomestarsintheirownright,”saysUTAco-presidentJaySures,notinghisagency’sclients:“ThelikesofDonLemon,DavidMuir,AndersonCooper,BretBaier,JakeTapper,NorahO’Donnell.Theyarestars.Theyarewalk-down-the-streetstars.Andasaresultofthat,theyarecompensatedinacommensuratewaywithwhattheybringtotheirrespectiveemployers,whichisarealtrustedsourceinnews—peopleenjoywatchingthemfordifferentreasons.” Thosehigh-profileanchorscannowreasonablyexpectdealsthattotalintheeightfiguresannually,especiallyiftheyincludeotherprojectslikepodcastsordevelopmentdeals.Andwithafreshelectioncyclenearing,thesejournalismstarsaregamingoutwaystomakesuretheyarepartoftheconversationandremaintopofmindfornewsjunkiesandcasualviewers,whethertheypayforcableTVornot.Ithelpsthatnewsissomeoftheonlyprogrammingthatconsistentlydoeswellonlineartelevision,evenasconsumerviewinghabits(nottomentioncorporatebusinessmodels)haveshiftedtowardon-demandstreaming. “ThereisareasonthatABC’sWorldNewsTonightWithDavidMuiristhemost-watchedshowinTVoutsideofsports,”saysWMEpartnerBradleySinger.“Thatsaysalotaboutviewerbehaviorandthevalueoftelevisionnews.” Thecrowdedmedialandscapeof2022looksvastlydifferentfromthewayitdidduringthe1980sandearly1990s,whenaseatbehindanetworkmorningoreveninganchordeskwasajournalist’sonlyrealhopeforamillion-dollarpayday. Butitwastheriseofcablenews—notablyCNNduringtheGulfWarandFoxNewsafter9/11—thatdramaticallyexpandedthelandscapeforanchors,andfortheiragents,whocannilyrecognizedthatA-listanchorscouldturnaroundanewsbroadcastjustaseffectivelyasanA-liststarcouldturnaroundafadingnetworkseries. ItwasthatmediauniversethathelpedturnfirmslikeN.S.Bienstock,ledbyRichardLeibnerandCaroleCooper,intopowerhouseagenciesinthenewsandinformationspace.UTAacquiredBienstockin2014,which,asTHRnotedatthetime,instantlygavetheagency“leadingmarketshare”inthebroadcastnewsbusiness. Withtheriseofstreamingvideo,theemergenceofpodcastsasaviablebusiness,explosivegrowthindigitalmediaand,inthewordsofSures,an“insatiabledesireforfreshcontent,”thepasteightyearsmayhaveseenasmuchchangeinthenewsbusinessastheprevious80. “Thelastseveralyearshaveshownthattheonlythingthatisconstantischange,”saysCAAagentRachelAdler. SowhileEdwardR.Murrow,BarbaraWaltersandDanRatherpavedthewayfortoday’sjournalistsnotonlyinfamebutalsoinfortune,theopportunitiestodayarefargreaterthantheywerebackthen. “Tobeajournalistrightnow,tobeabroadcasterrightnow,doesnotmeanyouhavetohaveabroadcasttelevisiondeal,”Singersays.“Itmeansyoucanbedoingstreamingnews,youcanbedoingpodcasting.Maybeyouareacorrespondentatabroadcastnetwork,maybeyou’reatcable,maybeyouaremakingthingsforNetflix.” Amongthesuperstarjournalistsandhosts,thatincreasinglymeansproductiondeals.RobinRoberts,GeorgeStephanopoulos,JennaBushHager,RachelMaddow,SunnyHostin—allhaveinkeddealstoproducespecials,documentaries,podcastsandotherfarefortheircorporateparentcompanies. Maddow,MSNBC’smost-watchedhost,istransitioningfromhostingfivenightsaweektoonenightaweeksothatshecanworkonoutsideprojects,includingascriptedfilmdirectedbyBenStillerbasedonherbookandpodcastBagMan.(WMEnegotiatedthemegadeallastyear.)“Theylikeitbecauseitisentrepreneurialanditgivesthemanotheroutlet,butitisalsogoodbusiness,”saysSinger.“Ifyouarepayingthesepeoplealotofmoneytobestarsinsideyourcorporation,whynothavethemproduceothertypesofcontent?” Buttheopportunitiesarewiderthanthat.ConsiderABCNewsbusiness,technologyandeconomicscorrespondentRebeccaJarvis:SpeakingtoanintimateroomfulloftopDisneyadvertisersApril25,Jarvisrecalledastorythatstuckwithherovertheyears,eversinceshewaspitchedaprofileaboutanup-and-comingSiliconValleygenius:TheranosfounderElizabethHolmes. Jarvisnevercoveredthatpitch,butyearslater,theinteractionledtoherhostingtheABCNews-produced,award-winningpodcastTheDropout,whichinturnwasadaptedasalimitedseriesforHulu,withJarvisasaproducer.“Shehadtofight[skepticsatABC]togetTheDropoutdone;ittookofflikewildfire,andwesoldtoFoxSearchlightandHuluinabiddingwar,”Suresrecalls. Butitalsopaystobeopportunisticandwillingtostrayfromwherethetraditionalaudiencemaybe,bettingthattherearenewsconsumerswhohaven’tbeenexposedtoyourwork.…

Amazon to add 2,500 office jobs in Southern California

Amazon is significantly expanding its white-collar presence in Southern California, announcing office leases to accommodate 2,500…

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