The Week Unpeeled
The Germanwings tragedy was front-page news and lead broadcast story for much of last week, with more and more creepy details emerging swiftly each day, focusing recently on the state of depression of the co-pilot who reportedly intentionally crashed the airliner into a French mountainside. The event unfortunately made it clear that the media and public are becoming very expert at these stories now.
- Kraft will merge with Heinz in an approximately $50 billion deal, a story that put the spotlight on the food industry and the Brazilian PE firm, 3G, which owns Heinz and is known for its cost-cutting strategies;
- Jurors in San Francisco found that VC firm Kleiner Perkins did not sexually discriminate against a former partner in a very closely watched;
- Amanda Knox’s murder conviction in Italy was overturned;
- Facebook said it is considering hosting news content directly on its site – linkfree -- so that readers will not have to visit, for example, Buzzfeed or the New York Times web sites for articles;
- The NFL is experimenting with totally digital strategy when it announced last week that it would “broadcast” a game on a national platform (not TV), which will open the door to a wonderful scrimmage of digital rights, viewership, advertising, etc.;
- The Dow fell 2.3 percent for the week to end Friday at 17,712; and
- Never Too Late: Richard III got a proper funeral last week, five centuries later in Leicester after his bones had been discovered under a parking lot.