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Your Media Morning: The Highest Paid Media Exec, NY Times Revamping Business Section, AT&T-Time Warner Ruling Due in June, Jeff Bezos Talks Shop

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Good Media Morning to you.

New York Times is revamping its business section and expanding video...Broadway is about to get a new play about Rupert Murdoch's life...Twitter bringing more original shows to its platform via new partnerships...WhatsApp's CEO is leaving the company in a protest exit...NBC and Google are buddying up for TV show VR content...These and more for your Media Morning Today. Dive in! 

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NBC UNIVERSAL'S CEO MADE MORE THAN HIS BOSS AGAIN
For a second straight year, NBCUniversal Chief Executive Steve Burke raked in a bigger compensation package than his boss — Comcast Chief Executive Brian Roberts. Burke received $46.5 million in compensation in 2017, nearly $500,000 more than in 2016. 

 

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HEARST ADDS TWO AT HARPER'S BAZAAR
Amy Synnott has been named executive editor of the magazine, reporting to editor in chief Glenda Bailey. Hearst also announced that Jessica Matlin has been hired for the role of beauty director within the luxury editorial beauty division, with a focus on Harper’s Bazaar, and will report to Hearst chief beauty director Leah Wyar Romito. 
 

NEW YORK TIMES RENAMING BUSINESS SECTION EXPANDING VIDEO
Business Day' was introduced in 1978 and it reflects the nine-to-five-day people worked at that time and we want something modern," said Ellen Pollock, editor of Business Day. Pollock stopped short of revealing the new name.

ENGADGET IS SHUTTERING ITS GERMAN AND SPANISH LANGUAGE SITES
Sadly, the Engadget community is about to get a little bit smaller. Starting tomorrow, Engadget's German- and Spanish-language sites will cease publication. While we are sad to see them go, this isn't the end of the road. The writers and editors at both sites will go on to do great things and their archives will live on here at Engadget.com.

RUPERT MURDOCH BIO PLAY COMING TO BROADWAY
“Ink,” a new British play about the rise of Rupert Murdoch, will have its American premiere on Broadway next spring. The play, which was a hit in London last year, is about an early chapter in Murdoch’s rise to moguldom — his takeover and tabloid transformation of the Sun newspaper.


IS SNAPCHAT'S REDESIGN WORKING?
When Snapchat rolled out a highly anticipated redesign back in January, users freaked out. Celebrities complained that they couldn’t reach their fans. Fans complained that they weren’t hearing enough from celebrities. Publishers were confused — some pleasantly surprised, but confused nonetheless. 

TWITTER BRINGING MORE ORIGINAL SHOWS TO ITS PLATFORM 
Twitter will bring original shows from NBCUniversal, Disney and Viacom among others to its platform, including a version of "SportsCenter" from Disney-owned ESPN. The company announced more than 30 new partnerships at its NewFront presentation in New York on Monday night, an annual presentation of video content for advertisers.

MEREDITH'S CHIEF MARKETING/DATA OFFICER ALYSIA BORSA TALKS SHOP
At the new Meredith Corporation, the term “so what?” isn’t a reference to the song popularized by the singer Pink. It’s the desired nexus between the “persistent and dynamic data” that America’s largest magazine publisher collects on its consumers.

MEDIA GIANT VIACOM UNVEILS DIGITAL STUDIO WITH SHOWS MADE FOR YOUTUBE AND FACEBOOK
The media conglomerate launched Viacom Digital Studios as part of an effort to help BET, Nickelodeon, MTV and Comedy Central reach mobile-first viewers. Amid the standard pitches from the likes of Vice Media and YouTube at the annual Digital Content NewFronts, the week of showcases kicked off with a presenter with a more protracted history: Viacom.

AT&T-TIME WARNER RULING DUE IN JUNE, MAYBE SOONER
U.S. District Judge Richard Leon said that he would have a decision in the AT&T-Time Warner antitrust trial by June 12, if not earlier, and planned to announce his ruling in a hearing that afternoon. After both sides wrapped up their closing arguments, Leon sounded emotional as he praised the parties for getting the case to trial so quickly.
 

WHATSAPP CEO JAN KOUM IS LEAVING OVER CONCERNS ABOUT FACEBOOK'S DATA PRACTICES
WhatsApp CEO Jan Koum is breaking ties with his company’s parent, Facebook, amid a privacy scandal that has dogged the social network for weeks. Koum confirmed his departure from WhatsApp Monday on his Facebook page . The Washington Post reported that Koum also plans to resign from Facebook’s board of directors. 
 

JEFF BEZOS TALKS WASHINGTON POST AND OTHER BUSINESS VENTURES
Mathias Döpfner, the CEO of Business Insider's parent company, Axel Springer, recently sat down with Amazon CEO Jeff Bezos to talk about the early days of creating Amazon, what he's learned since then, how he funds his rocket company, Blue Origin, and what it's like when the president of the United States is your biggest critic. 


NBC AND GOOGLE BUDDY UP FOR TV SHOW VR CONTENT
Virtual reality has yet to hit the big time, but Google and NBC have announced a deal to make programming that could help the medium pick up some more mainstream appeal. The two said that they will be working together to produce at least 10 multi-episode VR productions.
 

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