Advertisement

Morning Fix: Sequel battle! Loesch to exit Hub. Univision owners look for exit.

"22 Jump Street," starring Jonah Hill, left, and Channing Tatum, is expected to perform well.
(Glen Wilson / Associated Press)
Share

After the coffee. Before walking under ladders and petting black cats.

The Skinny: I know it’s Friday the 13th but it is also a payday so in my book it’s a lucky day! Hope you have a good one too. Today’s roundup includes the box office preview and a big exit in the kids TV business. Also, if you are looking to do some free work this summer Lionsgate still has an unpaid interns program.

Daily Dose: June 24 will be a busy day for DirecTV and AT&T. The companies will face a doubleheader of hearings on Capitol Hill. The House and Senate judiciary committees will grill executives about AT&T’s $48.5 billion deal to acquire the satellite broadcaster. Not weighing in on the deal, much to the consternation of some of its members, is the House’s Energy and Commerce subcommittee on communications and technology.

Advertisement

Train your dragon to jump. This weekend’s box office battle is between sequels. In one corner, we have “How to Train Your Dragon 2” and in the other “22 Jump Street.” One is aimed at kids and families while the other is going after teens and young adults. Both are projected to make north of $60 million. Last week’s champ, the teen romance movie “The Fault in Our Stars,” is expected to add $25 million to its total. Box office previews from the Los Angeles Times and Hollywood Reporter.

No kidding around. Margaret Loesch is exiting the Hub -- the Discovery Communications and Hasbro-owned kids cable network that she has been CEO of for almost five years -- when her contract is up at the end of 2014. The Hub has struggled to make inroads against Viacom’s Nickelodeon empire and Disney’s Disney Channel and relations between the channel and Hasbro have been tense at times. Loesch’s departure has set off speculation that a rebranding could be in the works. More on Loesch and the Hub from the Los Angeles Times and Deadline Hollywood.

What’s Spanish for exit strategy? Spanish language network Univision is again looking to sell. Its owners, who include former kids TV mogul Haim Saban and a bunch of private equity firms, have approached other big media companies to gauge interest, reports the Wall Street Journal. However, the $20 billion price tag the company is seeking will likely be a non-starter to any potential suitors. This is not the first time Univision has looked for a buyer and it probably won’t be the last.

Well, it does save on paperwork. Most of Hollywood has stopped the practice of not paying interns after a lawsuit against Fox Searchlight that called into question the legality of the free work. But there is one holdout: Lionsgate. The production company behind hits including “The Hunger Games” and “Mad Men” still has an unpaid interns program and has no plans to suspend it despite the concerns other studios have expressed about the longtime Hollywood tradition. The Los Angeles Times on Lionsgate stance and the potential headaches it could cause.

Staying put. Executives and talent signing new deals to stay in their current job is akin to a plane landing safely. It’s not much of a story. But since there is a media obsession around NBC’s “Today,” Matt Lauer agreeing to extend his contract by a few more years will get lots of attention. “Today” trails ABC’s “Good Morning America” in the ratings but has closed the gap some in the key viewers 25-54 target audience. More on Lauer from the New York Times.

Inside the Los Angeles Times: Betsy Sharkey on “How to Train Your Dragon 2” and “22 Jump Street.” Legendary actress and activist Ruby Dee died at the age of 91.

Advertisement

Follow me for good luck! @JBFlint.

Advertisement