AEG for sale. Tellem to Microsoft. Diller and Rudin are book buds.
After the coffee. Before bidding for AEG.
The Skinny: I’m a little tired this morning as it took awhile to get my car from the valets at CBS’ party last night, because CBS Entertainment President Nina Tassler was holding up the line. Because Tassler’s network is No. 1 in viewers, we’ll let it slide. Wednesday’s headlines include the surprising news that AEG is up for sale. Also, former CBS executive Nancy Tellem has taken a top job with Microsoft. Oh, and Honey Boo Boo wants a raise.
Daily Dose: Want to relive all the drama of the 2007 writers’ strike? Now you can with “TV on Strike,” Variety Deputy Editor Cynthia Littleton’s new book on the strike that examines not only what led to the breakdown in negotiations but also Hollywood’s struggles to transition to the digital age. This is Littleton’s second book. She also co-authored “Season Finale: The Unexpected Rise and Fall of the WB and UPN.”
On the block. AEG, the Los Angeles-based entertainment and sports giant, is on the block. Owned by reclusive billionaire Philip Anschutz, AEG’s holdings include the LA Live complex, which houses Staples Center and the Nokia Theatre, pro hockey’s Kings, pro soccer’s Galaxy and the Barclay Center in New York. It also has a massive concert promotion business. The closely held AEG is said to be worth several billion dollars. Billionaire Patrick Soon-Shiong has already expressed interest in the company. No doubt lots of private equity firms and big entertainment companies also will kick the tires. Coverage from the Los Angeles Times and Wall Street Journal.
Another player. Former top CBS executive Nancy Tellem is joining Microsoft to build a production company that will make content the software giant will put on its Xbox platform, which it hopes will one day rival the pay-TV industry as the gatekeeper to home entertainment. “We have large visions as to where this could all go,” Tellem told the Los Angeles Times.
New neighbors. Marvel Studios is moving from Manhattan Beach to Glendale. While the view won’t be as nice, it is right next door to its corporate parent Walt Disney Co. Marvel’s animation house is already in Glendale and the move is expected to be done by early next year, according to Variety.
Download this book! A couple of longtime Hollywood players -- Barry Diller and Scott Rudin -- are getting into the book business. The duo is teaming up with publishing house Atavist on Brightline, which will offer e-books and physical books. Diller’s IAC will pump $20 million into the venture. Details from the New York Times.
We knew this was coming. Alana Thompson, better known as Honey Boo Boo, wants more money for season two of the TLC series “Here Comes Honey Boo Boo,” according to the Hollywood Reporter. The cast was making about $4,000 per episode and now wants about $10,000, the article said. TLC has yet to order a second season but that is a foregone conclusion. I think they should move the family to Beverly Hills for season two. Might as well sell out big time.
Inside the Los Angeles Times: The Academy of Motion Picture Arts & Sciences has moved up the deadline for voting for Oscar nominations by five days, which has sent Hollywood scrambling.
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