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Former Time Inc Content Chief on His Way Out at Meredith? Rolling Stone Founder Has no Shame, AT&T Expected to Win Time Warner Approval

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Good Media Morning to you. 

Univision's board under pressure to find a new CEO...Rolling Stone founder Jann Wenner has no shame...Barry Diller calls Netflix CEO Reed Hastings the most remarkable person in media...CBS-Viacom take another step towards re-merger...Meredith ups exec to oversee former Time Inc unit MNI Targeted Media...These and more for your Media Morning Today. Dive in! 

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FORCED OUT BY RANDY FALCO, CESAR CONDE COULD RETURN TO UNIVISION AS CEO
It’s shaping up to be a busy year for Univision since news broke earlier this month that CEO Randy Falco is out and that it’s taking a new direction. A day after Univision called off its plans for an IPO, Falco, 64, announced that he will be retiring at the end of the year.
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APPLE EXPECTED TO BLOW THROUGH ITS $1 BILLION BUDGET FOR ORIGINAL PROGRAMMING
Known for its bold designs and its big marketing campaigns, Apple relishes its status as a dominant force in the corporate world. So it was noteworthy when one of its executives, Eddy Cue, struck a note of humility during a discussion this month at the South by Southwest conference in Austin, Tex.

ROLLING STONE FOUNDER SAYS HE'S NOT ASHAMED OF ANYTHING HE'S DONE
Jann Wenner: “I’m in the business of journalism myself, and I’m not really ashamed of anything I’ve ever did, so it doesn’t matter to me if you tell some stories of my sex life. It’s just that it’s not well done, it’s out of context, and it overwhelms the real story.”

NETFLIX CEO REED HASTINGS SEEN AS MOST REMARKABLE PERSON IN MEDIA BY BARRY DILLER
Barry Diller calls Netflix CEO Reed Hastings the most remarkable person in the media business: “He has so much original thinking in so many different areas, he’s really impressive.” He says that Netflix and Amazon have blasted Hollywood into “a completely different” universe.

FACEBOOK TAKES OUT FULL PAGE ADS IN MAJOR US AND BRITISH NEWSPAPERS 
Opinion polls published on Sunday in the United States and Germany cast doubt over the level of trust people have in Facebook over privacy, as the firm ran advertisements in British and U.S. newspapers apologizing to users.

THE EUROPEAN UNION HAS NOT RULED OUT BREAKING UP GOOGLE
The European Union holds “grave suspicions” about the dominance of internet giant Google and has not ruled out breaking it up, according to a warning by the EU’s antitrust chief, Britain’s Telegraph reported on Sunday.   

TEEN VOGUE SPEAKS OUT ABOUT FAKE PROTEST PHOTO
Teen Vogue on Sunday morning made it clear that high school student Emma Gonzalez did not rip up a copy of the Constitution during a recent photo shoot for the magazine. The picture was altered, with gun rights activists sharing the doctored version on social media.

CBS-VIACOM TAKE ANOTHER STEP TOWARDS RE-MERGER
Board members from CBS and Viacom are expected to meet as soon as this week to begin discussions on the valuations of both companies for a possible merger. Execs at both media companies have been hip-deep in crunching numbers and preparing financial data to guide the discussions.

WILL APPLE USE ITS ACQUISITION OF TEXTURE TO FUEL APPLE NEWS?
When the acquisition was announced, many wondered what this purchase could mean for Apple. With Facebook’s favor plummeting, and Google’s inability to distinguish real news from fake, the opportunity to pull ahead in the digital publishing world seems ripe for Apple.

MEREDITH UPS EXEC TO OVERSEE TIME INC'S MNI TARGETED MEDIA INC
Meredith Corporation announced today that Klarn DePalma has been promoted to Executive Vice President of MNI Targeted Media Inc., effective immediately. In his new role, DePalma will lead the targeted digital and print advertising business, which joined Meredith's Local Media Group after the recently completed acquisition of Time Inc. He will report to Patrick McCreery, Meredith Local Media Group Executive Vice President.  

AT&T EXPECTED TO WIN APPROVAL TO BUY TIME WARNER
The very fact that Time Warner shareholders elected in 2009 to voluntarily separate their operations reveals the government’s simple theory to be shaky. If rigging the market by combining content and distribution creates monopoly profit, why throw money away?

CANNES FILM FESTIVAL BOOTS NETFLIX
Netflix has been canned from Cannes. The director of the Cannes Film Festival said movies distributed by the streaming service are no longer eligible to compete in festivals. “The intransigence of their model is now the opposite of ours.”

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