Keith Olbermann has a new project in partnership with iHeartMedia. The Wall Street Journal’s Joe Flint reports that the former MSNBC and ESPN host is launching a daily podcast next month.
Beginning on Aug. 1, “Countdown with Keith Olbermann” will be available for podcast listeners, with the commentator centering the show around his political and sports takes.
Furthermore, Olbermann initially hesitated about the genre, saying that too many shows appeared like one podcast host interviewing another, and the content frequently felt outdated.
“People do these podcasts with the idea that they have to live for a week,” Olbermann told The Journal.
“This has replaced radio and to a large part television. Why not present something that is there every day for people? My goal is that you’ll be able to listen to this thing and get everything that happened. It won’t be, ‘here we are reacting to last week’s news.’”
Olbermann’s morning weekday news show will normally run about 35 minutes. He is also vowing to talk about various stories from his long career as well as media criticism.
Furthermore, aside from talking politics and sports, he will bring back trademark segments from previous shows, including “Worst Person in the World,” which calls out a particularly bad person in the commentator’s eyes.
Jeremy Boreing: Every Outlet ‘Suffering From Facebook’s Massive Shift Away From News’
“Mark Zuckerberg remade the news landscape when he moved his company into the space, and then gutted it when he moved out.”
In recent years, Facebook has shifted its focus away from a news and link-sharing platform to become more focused on social interactions between users. That shift has been detrimental to news publishers, according to The Daily Wire co-founder Jeremy Boreing.
In a statement to Mediaite, the digital media executive wasn’t shy about his stance that the shift from Facebook has been detrimental not only to his organization but to the industry as a whole.
“Everyone is suffering from Facebook’s massive shift away from news. Mark Zuckerberg remade the news landscape when he moved his company into the space, and then gutted it when he moved out,” Boreing said. “A capricious trillion dollar company can crush entire industries without much effort. Daily Wire is disproportionately impacted because we were built with a focus on Facebook. Now, our focus has shifted to more premium content.”
The comments from Jeremy Boreing coincide with a report that conservative digital outlets have seen a dramatic drop in viewership, especially compared to figures seen in 2020. One outlet — Breitbart — has seen a drop in traffic of 87% compared to the tumultuous 2020 year that included the start and heights of the COVID-19 pandemic, as well as a contentious presidential election between Donald Trump and Joe Biden.
Court Approves Audacy Reorganization Plan
“We have achieved a speedy confirmation of our prepackaged Plan, which will enable Audacy to pursue our strategic goals and opportunities in the dynamic audio business.”
A United States Bankruptcy Court for the Southern District of Texas has approved a plan for Audacy to reemerge from its bankruptcy proceedings.
Under the plan, Audacy will equitize more than $1.5 billion of funded debt, which reduces its debt load by 80%, down from $1.9 billion to $350 million.
Audacy Chairman David Field was encouraged by the development.
“Today’s announcement marks a powerful step forward for Audacy, positioning the Company for an exciting future,” said David Field, who also serves as the President and CEO of Audacy. “As expected, we have achieved a speedy confirmation of our prepackaged Plan, which will enable Audacy to pursue our strategic goals and opportunities in the dynamic audio business.
“We aim to drive accelerated growth and financial performance, capitalizing on our scaled, leadership position, our uniquely differentiated premium audio content and the robust capital structure that we will have upon emergence,” continued Field. “I also want to express my gratitude to our team, who continue their outstanding work to serve our listeners and customers with excellence and fulfill our commitments without missing a beat.”
A statement from the company claims the restructuring “will enable Audacy to continue its strategic digital transformation and capitalize on its position as a scaled, leading multi-platform audio content and entertainment company differentiated by its exclusive, premium audio content.”
Fox News Begins 2024 Atop Key Digital Media Demographics
Fox News finished its 35th consecutive month atop the multiplatform minutes rankings, with 3.3 billion minutes according to a report from Comscore.
Fox News Digital began 2024 by sitting atop the rankings in several key demographics in the digital media landscape.
In multiplatform views, the outlet tallied 1.7 billion, with The New York Times scoring 1.5 billion. That marked the 16th consecutive month Fox News Digital finished on top.
6 million unique visitors visited the conservative cable outlet’s mobile app, which bested CNN, which tallied 5.4 million unique visitors.