Media Stocks Dip As Stock Market Plunges Amid Tech Drop

Brian Steinberg Senior TV EditorRupert and Lachlan Murdoch, the overseers of the Fox Corp.

Brian Steinberg Senior TV EditorOne of the nation’s most traditional advertisers is breaking the rules on Madison Avenue.Procter & Gamble, which spends millions to call attention to high-profile products like Crest, Tide and Pampers, will negotiate directly with media outlets going forward -a move that is likely to take it out of typical “upfront” discussions that involve letting media-buying agencies utilize its ad spend for leverage in these annual talks between marketers and U.S.

Brian Steinberg Senior TV EditorCNN is planning a town-hall event with Democratic presidential candidate Joe Biden tonight that is so complex and ornate viewers may mistake it for something entirely different.“It’s going to be like ‘American Graffiti,” says Mark Preston, CNN’s vice president of political and special event programming, in an interview.So-called “town halls” have grown in popularity among the nation’s TV-news outlets in recent years, part of a bid to inject the voices of average

Peter White Television EditorChannel 4 has ordered an adaptation of Swedish crime thriller Before We Die from Eagle Eye Drama to be written by fledgling TV writer Matt Baker – best known in industry circles as Viacom’s former international communications chief.The Bristol-set series will star Lesley Sharp (Scott & Bailey), Vincent Regan (Troy) and Patrick Gibson (The Tudors) and is the producer’s second commission after ITV ordered a remake of Belgian crime drama Professor T.Sharp leads the cast

the Trotters following the club's relegation to the Championship.

Brian Steinberg Senior TV EditorFox News Media expects to cut less than 3% of its overall staff as the unit, the financial engine of parent Fox Corporation, works to make its operations more efficient after a period of expansion.“As Fox News Media has evolved into a streamlined multi-platform organization, we are realigning several functions and restructuring various divisions in order to position all of our businesses for ongoing success,” the company said in a statement Wednesday.

Matt Donnelly Senior Film WriterRange Media Partners, the splashy new management venture led by a host of former agents from the big four Hollywood talent shops, has set up a music division.The group has tapped Matt Graham, the founder and president of L.A.-based BRND MGMT, to run the unit with his partner Jack Minihan.

Brian Steinberg Senior TV EditorMSNBC’s weekend viewers can bid farewell to many prime-time repeats of Rachel Maddow and Chris Hayes.The NBCUniversal-owned cable-news outlet will on September 19 launch two new programs for weekend evenings, and add another anchor to its weekend afternoon coverage. Alicia Menendez, who joined the network in late 2019, will debut “American Voices” on Saturdays and Sundays between 6 p.m.

Brian Steinberg Senior TV EditorMegyn Kelly isn’t on a mainstream news outlet at present, but that isn’t going to keep her from broadcasting.The former NBC News and Fox News Channel anchor confirmed Thursday what many media-industry observers have long suspected: She’s going the independent route.Kelly will launch Devil May Care Media, a production company that will back podcasts and other shows built around the latest news, current events, legal and cultural issues.

Patrick Frater Asia Bureau ChiefSingapore’s 108 Media has picked up international sales duties on Indian drama film “Lorni – The Flaneur.” Directed by Wanphrang K, Diengdoh, the film had its premiere at the Black Nights festival in Tallinn in November last year.

Stacey Solomon and Mrs Hinch have lead stars in quitting social media in a bid to raise awareness for mental health.The Loose Women star and her cleaning influencer bestie, both 30, shared the decisions to step away from their Instagram for the weekend on Friday. After a day of cleaning and sharing adorable snaps inside her family life Mrs Hinch, who recently hit back at vicious trolls as she enjoyed family time, announced her decision on her Instagram stories.

Denise Petski Senior Managing EditorNickelodeon has removed its preschool animated show Made by Maddie from its schedule in response to a controversy about similarities between its characters and those in Matthew A. Cherry’s Oscar-winning short Hair Love.The network announced the decision in a statement obtained by Deadline.“Made by Maddie is a show we acquired several years ago from Silvergate Media, a renowned production company we have previously worked with on other series.

Mike Fleming Jr Co-Editor-in-Chief, FilmThe upstart management company that Deadline revealed on August 23 would be launched by Pete Micelli with principal backing from hedge fund billionaire Steve Cohen, now has a name — Range Media Partners — additional new backing through Microsoft CMO Mich Matthews-Spradlin and Grubhub founder/CEO Matt Maloney.