In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops (Justin Baragona/The Daily Beast)
Mediagazer: In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops (Justin Baragona/The Daily Beast)
Top News:
Variety:
WBD increases the price for Max's ad-free version from $15.99 to $16.99 per month and the Ultimate ad-free tier from $19.99 to $20.99 per month— Warner Bros. Discovery has increased the price for its ad-free versions of streamer Max just ahead of HBO's “House of the Dragon” Season 2 premiere on June 16.
Discussion: The Verge, The Streamable, IndieWire, The Wrap, TVLine, Engadget, ComingSoon.net, Deadline, Next TV, @jbflint, The Hollywood Reporter, BGR, Media Play News, @tvgrimreaper, @variety, Digital Trends and CNN
Discussion:
Emma Roth /
The Verge: Max raises prices across its ad-free plans
David Satin /
The Streamable: Canceling Max Because of Newest Price Hike? Which Cheaper Streamers Should You Replace It With?
Samantha Bergeson /
IndieWire: The Max Price Increase Is Here, Just in Time for ‘House of the Dragon’ Season 2
Lucas Manfredi /
The Wrap: Max Hikes Prices on Ad-Free Tiers
Ryan Schwartz /
TVLine: Max Is Raising Prices, Effective Immediately — How Much It'll Cost to Stream Without Ads
Lawrence Bonk /
Engadget: Max just raised subscription prices again
Brandon Schreur /
ComingSoon.net: Max Price Increase Announced for Ad-Free Tiers
Denise Petski /
Deadline: Max Hikes Prices For Ad-Free Plans Effective Immediately
Joe Flint /
@jbflint: Stating the obvious but goal here is to get more subscribers to drop ad-free and sign up for lower price commercial version of platform. Me, I'll pay the extra $1.
Etan Vlessing /
The Hollywood Reporter: Max Raises Price for Ad-Free Subscriber Tier
Erik Gruenwedel /
Media Play News: Max Streaming Service Raising Subscription Prices @variety: Existing subscribers will be notified 30 days in advance of their plan renewing and see price increases starting from their next billing cycle on or after July 4. The ad-supported price remains the same at $9.99/month or $99.99/year. https://variety.com/...
Phil Nickinson /
Digital Trends: The ad-free options for Max are getting more expensive
Jordan Valinsky /
CNN: Spotify is hiking its prices again
The Daily Beast:
In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops— ANOTHER ONE — The sale will keep the tech website's entire staff intact, G/O Media CEO Jim Spanfeller wrote in a company-wide memo obtained by The Daily Beast.
Discussion:
@pkafka, @jaycodon, @tomgara, @danackerman, @asilbwrites and @justinbaragona
Discussion:
Peter Kafka /
@pkafka: G/0 CEO Jim Spanfeller says new owner promises to “keep Gizmodo's entire staff intact”. Remaining G/O sites: The Root, Quartz, Kotaku and Jalopnik.
Jacob Donnelly /
@jaycodon: Jalopnik, Kotaku, Quartz, The Root, and The Inventory are all that remain at G/O Media.
Tom Gara /
@tomgara: All the prestigey newsrooms run by Brit editors, Axel Springer striding the digital landscape like a colossus, French guys buying Gizmodo - who has the courage to write the take we all need: the Europeans are simply better at news media, they posess a certain je ne sais quoi
Dan Ackerman /
@danackerman: As a former Editor-in-Chief of Gizmodo, despite the unknowns, this can't be anything but a positive for the amazing Giz staff. But now with the “G” and and the “O” of G/O Media gone, what will that company call itself?
Amanda Silberling /
@asilbwrites: was the O for onion, and if so, does that mean G/O Media is just / Media
Axios:
The WSJ introduced a multimillion-dollar brand advertising campaign on June 3, its first major brand campaign in years, focused on broadening subscriber appeal— - This is the Journal's first major brand campaign in years. … - The campaign tagline, “It's Your Business,” is meant to …
Discussion:
Talking Biz News, @ericnewcomer, @pressgazette, @samueljscott, @jpodhoretz, @sarafischer, @kantrowitz, @bobbybigwheel, @stevenjduffield, @mattrosoff and @jaycodon
Discussion:
Chris Roush /
Talking Biz News: WSJ starts multi-million dollar ad campaign
Eric Newcomer /
@ericnewcomer: @Kantrowitz i presume billboards are to get new readers @pressgazette: The Wall Street Journal is launching a major multi-million brand advertising campaign amid changes and layoffs in the newsroom. It's focused on broadening subscriber appeal to a wider set of professionals with the tagline “It's Your Business” https://www.axios.com/...
Samuel Scott /
@samueljscott: @sarafischer ... It always seems that the solution is every business problem is “More growth!” — even if that means diluting a strong brand with high pricing power to appeal to more people.
John Podhoretz /
@jpodhoretz: Yeah. Terrible to try and get customers rather than continue to employ third-rate hacks.
Sara Fischer /
@sarafischer: NEW: @WSJ plans multi-million brand campaign amid newsroom changes — The campaign focuses on broadening the Journal's subscriber appeal to a wider set of business professionals, not just a small subset of finance investors or C-suite executives More on @axios
Alex Kantrowitz /
@kantrowitz: WSJ has been doing rolling layoffs of journalists this year and now is doing a multi-million dollar brand campaign including billboards, TikTok and “high impact digital signs.” C'mon. https://www.axios.com/... [image] @bobbybigwheel: Ask a political operative what they would do if a candidate told them they wanted to lay off staff so they could pay for more billboards @stevenjduffield: In other words, they're looking to dumb it down with trendy topics, not the subjects that cause people to subscribe to the WSJ. Less serious news; more opinion disguised as news. [image]
Matt Rosoff /
@mattrosoff: Huh. Hard to think of a business brand that has wider appeal and recognition.
CNBC:
Paramount leadership presents a plan that includes job cuts, a potential streaming JV, and divesting non-core assets if a sale of the company doesn't happen— The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen.
Discussion:
IndieWire, Los Angeles Times, The Information, Axios, @allie_canal, Reuters, The Hollywood Reporter, @sherman4949, Fast Company and New York Post
Discussion:
Sahil Patel /
The Information: Paramount Leaders Outline Plan to Cut Costs, Explore Streaming Joint Ventures
Sara Fischer /
Axios: Paramount mulls streaming JV, job cuts as merger talks loom
Alexandra Canal /
@allie_canal: Shari Redstone says she recognizes the CEO office is not traditional but is “confident” that the structure will enable the execs “to move quickly to implement best practices throughout the company”
Alexandra Canal /
@allie_canal: The CEO office did not comment on deal speculation but did announce $500M in cost savings: - Prepared to move ‘quickly’ on cost reductions - Targeting real estate, marketing, technology & other corp. categories - ‘Just the beginning’ of cost reductions
Dawn Chmielewski /
Reuters: Paramount Global's co-CEOs to lay out strategy for shareholders
Etan Vlessing /
The Hollywood Reporter: Paramount Leaders Unveil “Shared Vision” Amid Takeover Offer
Alex Sherman /
@sherman4949: Paramount Global's current leadership will unveil three strategic pillars: *Explore a JV with Paramount+ *Cut $500m in costs including job cuts *Divest non-core assets All done with attention on returning company to investment grade rating
Chris Morris /
Fast Company: After months of talks, Paramount and Skydance have reportedly agreed to a merger
Dow Jones Newswires:
Canada's broadcast regulator orders foreign streaming services with C$25M+ in sales to contribute 5% of Canadian sales to help fund local content from Sept. 1— OTTAWA—Canada's broadcast regulator on Tuesday said foreign streaming services like Netflix, Disney+, Spotify and Amazon Prime Video …
Discussion:
Reuters, CBC News, @jackshafer and Media Play News
Discussion:
David Ljunggren /
Reuters: Canada says online streaming services must hand over 5% of their domestic revenues
Jack Shafer /
@jackshafer: “Audio streaming services operate on thin margins and 5% of revenue will have a major impact that will result in either exiting the market or sharp increases to consumer prices,” said Michael Geist, an internet-law professor at the University of Ottawa.
New York Magazine:
US prosecutors charge The Epoch Times' CFO Bill Guan with conspiracy to commit money laundering for allegedly moving at least $67M in illegally obtained funds— One of the strangest stories in media over the past decade is the Epoch Times, a formerly free newspaper distributed on the streets …
Discussion:
US Department of Justice, New York Post, The Guardian, @daveweigel, New York Times, @brandyzadrozny, @will_bunch, @justinbaragona, @brandyzadrozny, @semaforben, Al Jazeera, @jaredlholt, @brandyzadrozny, @daveweigel, @emilybell, @scottnover, @annamerlan, @bryson_m, Associated Press, @trueanonpod, @davidgerard, NPR, Rolling Stone, Business Insider, Courthouse News Service, @howelloneill@infosec.exchange, @jbillinson@threads.net, The Daily Beast, @kurtsh@mastodon.social, Mediaite and @nickheer@c.im
Discussion:
US Department of Justice: Chief Financial Officer Of Multinational Media Company Charged With Participating In Scheme To Launder At Least $67 Million In Fraud Proceeds
Ariel Zilber /
New York Post: Epoch Times CFO charged over $67M money laundering scheme that boosted newspaper's revenue by 400% in a year
Richard Luscombe /
The Guardian: DoJ accuses far-right Epoch Times of being money-laundering operation
David Weigel /
@daveweigel: Epoch Times was reporting no winner in the presidential race well into December 2020 - there were “dueling” electors, you see. This is from 12/21/20, after the Electoral College vote. [image]
Brandy Zadrozny /
@brandyzadrozny: @semaforben Seems like the money laundering would be to support the Falun Gong media empire which Epoch Times was 1/3 of and historically made the least money. Stealing worldly bread to save the spiritually hungry?
Will Bunch /
@will_bunch: Why so much angst at the Washington Post when the Epoch Times just proved there are still ways that newspapers can make money?
Justin Baragona /
@justinbaragona: An Epoch Times spokesperson just told me they “have a guiding principle that elevates integrity in its dealings” and will cooperate in the money laundering investigation involving their CFO, who is suspended “until this matter is resolved.” https://www.thedailybeast.com/ ...
Brandy Zadrozny /
@brandyzadrozny: @annamerlan A joke in our newsroom was that Epoch Times alone had figured out how to make money in journalism and boy was that right.
Ben Smith /
@semaforben: Has anyone figured out whether the Epoch Times allegations suggest that the company is a front for money-laundering; or alternately that the money-laundering was intended to support the cause? Or both? https://www.justice.gov/...
Brandy Zadrozny /
@brandyzadrozny: Cannot tell you how many times when reporting on the Epoch Times over the years I've asked “how the hell are they making all this money??” Looks like the answer may be a global money laundering scheme! https://www.nbcnews.com/... [image]
David Weigel /
@daveweigel: 5000 years of crimes in one indictment
Emily Bell /
@emilybell: In my new role as CEO of the Epoch Times I will be introducing the ‘three newsroom’ model. There will be the newsy newsroom, the opiniony newsroom ....and the Making Money Online team .... https://www.justice.gov/... [image]
Anna Merlan /
@annamerlan: Ten other media executives furiously scribble down “making money online team” on an otherwise blank notepad on their vast empty desks
Bryson /
@bryson_m: uhhh turns out the Epoch Times was a giant money laundering operation https://www.justice.gov/... Associated Press: Epoch Times CFO is arrested and accused of role in $67M multinational money laundering scheme @trueanonpod: The DoJ is alleging that the vast majority of the Epoch Times revenue was obtained via blatantly criminal money laundering operations ran by its CFO. [image] @davidgerard: Bill Guan, the CFO of the Epoch Times, ran a crypto money laundering operation through the paper's companies https://www.justice.gov/... https://www.justice.gov/...
Jude Joffe-Block /
NPR: An Epoch Times executive is facing money laundering charges
Charisma Madarang /
Rolling Stone: Epoch Times Executive Charged in Alleged $67 Million Money Laundering Scheme
Jack Newsham /
Business Insider: Conspiracy theory-fueled newspaper Epoch Times grew revenue 4x thanks to CFO's crypto crime proceeds, feds say
Erik Uebelacker /
Courthouse News Service: Feds accuse Epoch Times of $67 million fraud scheme using prepaid debit cards, stolen data
Patrick Howell O'Neill /
@howelloneill@infosec.exchange: Filed under shocking stuff https://nymag.com/...
Josh Billinson /
@jbillinson@threads.net: oh so now it's a crime to find a profitable way to run a media organization
Justin Baragona /
The Daily Beast: Feds Accuse Far-Right Newspaper of Being a Money Laundering Operation @kurtsh@mastodon.social: This makes so much sense now. Paper media has struggled this past decade, yet the Epoch Times NEWSPAPER is drowning in cash? — They took out BILLBOARD & PRIME TIME TV ADS to advertise their propaganda rag. — They bought space in the Los Angeles Times paper delivery to be included in weekend subscriptions as an “advertising supplement”. …
Forbes:
Sources: TikTok accounts, including brands and celebrities like CNN and Paris Hilton, are getting hacked via a zero-day exploit that only requires opening a DM— The compromised accounts include CNN and Paris Hilton — and all users have to do to be hacked is open a DM, according to company sources.
Discussion:
BGR, @ebakerwhite and Tubefilter, more at Techmeme »
Discussion:
Jacob Siegal /
BGR: TikTok warning: Your account can be hacked just by opening a DM
Emily Baker-White /
@ebakerwhite: Update: we've learned that an official Sony account has also been affected. https://www.forbes.com/...
James Hale /
Tubefilter: Trump gets on TikTok
@maxwelltani:
Memo: Ben Sherwood says Daily Beast EIC Tracy Connor is leaving; Hugh Dougherty, most recently New York Post's deputy editor, will be the new executive editor— NEW: In a note to Daily Beast staff, Ben Sherwood announces that EIC Tracy Connor is leaving. Hugh Dougherty is the publication's new executive editor. [image]
Discussion:
The Wrap, @tracyconnor, @dianafalzone, @blackamazon, @ajbauer, @lachcartwright, @jakeswearingen, @lisatozzi, @sambrodey, @jaredlholt and @loudmouthjulia
Discussion:
Natalie Korach /
The Wrap: Daily Beast Editor in Chief Tracy Connor Exits Amid Broad Leadership Shakeup
Tracy Connor /
@tracyconnor: Being the editor in chief of The Daily Beast was the honor of a lifetime—and more fun than anyone has a right to expect at work. I'm so proud of what this mega-talented team has accomplished and I am excited for the next chapter, for myself and for the Beast. @dianafalzone: In the wake of the news that @thedailybeast EIC Tracy Connor will step down, @NoahShachtman told @Mediaite on Tuesday, “Tracy Connor is one of the sharpest journalists of her or any other generation. I can't wait to see what see does next.” @blackamazon: journalism's refusal to actually do the work it exposed itself as needing will be it's demise and they will blame the victims rather than the murders
A.J. Bauer /
@ajbauer: New right-wing outlet just dropped?
Lachlan Cartwright /
@lachcartwright: “Hugh's appointment signals the start of our transformation of the newsroom and underlying business as we confront the realities of the moment and seize the opportunities ahead,” Chief Content Officer Joanna Coles and CEO Ben Sherwood wrote to staff in a memo obtained by THR.
Jake Swearingen /
@jakeswearingen: We literally fought a war to stop British people from running everything and yet
Lisa Tozzi /
@lisatozzi: Another Fleet Street dude. How innovative.
Sam Brodey /
@sambrodey: Smart, tough, a relentless advocate for her people—Tracy has all the qualities you'd wish for in a top editor. Enormous loss for the Daily Beast.
Jared Holt /
@jaredlholt: Tracy is one of the best editors I've ever written for and Daily Beast's new leadership is absolutely moronic for what they're doing to the place. Classic dumb rich people thinking they can destroy a model that works and replace it with garbage and that readers will like that
New York Times:
A profile of Robert Winnett, the low-key, scoop-obsessed UK editor who will take charge of WaPo's newsroom this fall after 17 years at The Telegraph— Robert Winnett is virtually unknown in the U.S. and keeps a low profile in his native Britain, too. This fall, he will oversee the newsroom of Woodward and Bernstein.
Discussion:
Washington Post, @grynbaum, @benmullin, The Media Leader, The Desk, Press Gazette, The Guardian, Washington Post and Talking Biz News
Discussion:
Michael M. Grynbaum /
@grynbaum: Here's my profile of @washingtonpost's low-key new editor, Robert Winnett, a Brit who loves scoops, avoids dinner parties and is virtually unknown in the U.S. https://www.nytimes.com/...
Ben Mullin /
@benmullin: Rat Boy to The Post! Delightful man in the news profile by @grynbaum: https://www.nytimes.com/...
Charlotte Tobitt /
Press Gazette: Telegraph deputy of ten years Robert Winnett named Washington Post editor
Jane Croft /
The Guardian: Washington Post: Telegraph veteran to take over from Sally Buzbee as executive editor Washington Post: WaPo says Matt Murray will be Executive Editor until the US presidential election, after which Robert Winnett will take on the new role of Editor
Chris Roush /
Talking Biz News: Former WSJ editor Murray to run Washington Post
RELATED:
New York Times:
Source: Will Lewis told Sally Buzbee she could run one of the new WaPo divisions, in what would've been an effective demotion for her; Buzbee chafed at the idea
Discussion:
Ray Schultz /
MediaPost: ‘The Washington Post’ Shakeup: Exec Editor Buzbee Out
Ben Mullin /
@benmullin: Some backstory: Washington Post Chief Executive Will Lewis told Sally Buzbee she could run one of the new divisions being created at The Post, but she resigned instead — it would've been an effective demotion for her. https://www.nytimes.com/...
Ben Mullin /
@benmullin: New: Sally Buzbee was informed on Sunday that Matt Murray would be joining The Washington Post. Matt is now taking meetings in Sally's 7th floor office, and her nameplate has been removed w/@katie_robertson https://www.nytimes.com/...
Chris Boese /
@ChrisBoese@newsie.social: Backlash from Cronies? Sure looks like it. — Washington Post Newsroom Reels From Sudden Editor Exit — Sally Buzbee, who has been editor of The Washington Post since 2021, chafed at a major reorganization by the newspaper's chief executive. — https://www.nytimes.com/...
Tanzina /
@tanzinavega@threads.net: Apparently there are no qualified people who can run a newsroom in the United States. We must import talent from the UK to lead us.
Sabrina Quagliozzi /
The Media Leader: Washington Post shakes up leadership as Buzbee steps down
Patrick Reilly /
New York Post: Sally Buzbee abruptly resigns as editor of The Washington Post after 3 years
Mike Roe /
The Wrap: Washington Post Executive Editor Sally Buzbee Exits After 3 Years, New Leaders Named in Newsroom Restructure
Washington Post:
The Washington Post plans to launch a new newsroom division in Q3 2024 focused on “service and social media journalism”, led by Matt Murray from November 6 @cnn@threads.net: Sally Buzbee, the executive editor of The Washington Post, is stepping down from her role after leading the newspaper for three tumultuous years, the newspaper announced late Sunday. “Sally is an incredible leader and a supremely talented media executive who will be sorely missed. …
Washington Post:
A WaPo staff meeting to introduce new top editor Matt Murray turned contentious when staff questioned CEO William Lewis about Sally Buzbee's abrupt replacement
Discussion:
Nieman Lab, NPR, Associated Press, @brianstelter, @genepark, @ericschultz, @angela_denker, @scotbertram, @vibinc, @jamesrbuk, @barbarahoff52, Fox News, @maxwelltani, @nkulw, Mediaite, @brianvastag@sciencemastodon …, The Wrap, @samlitzinger@journa.host, New York Times, The Hollywood Reporter and Deadline
Discussion:
Hanaa' Tameez /
Nieman Lab: The Washington Post loses its executive editor and heads in a new direction (or three)
David Folkenflik /
NPR: New CEO of ‘The Washington Post’ puts former colleagues in power
David Bauder /
Associated Press: With its top editor abruptly gone, The Washington Post grapples with a hastily announced restructure
Brian Stelter /
@brianstelter: WaPo's story about tensions in the newsroom: Today's meeting “turned contentious when employees peppered publisher and CEO William Lewis with questions about a company reorganization and the abrupt replacement of executive editor Sally Buzbee.” https://www.washingtonpost.com/ ...
Gene Park /
@genepark: I want to express my eternal gratitude to the Washington Post's departing editor in chief, @SallyBuzbee. While I was sick, she made sure I was taken care of, that I stayed employed and paid, made accommodations while I recovered. She also read and enjoyed my work, went out of
Eric Schultz /
@ericschultz: my favorite version of this is @jmpalmieri's “time to get with what's happening”
Rev. Angela Denker /
@angela_denker: This makes me really sad, and also glad that I already canceled my subscription @washingtonpost - despite the many very talented journalists who continue to work there, clearly the ship is turning the other direction.
Scot Bertram /
@scotbertram: Lose $100M in a year and all of the sudden people want the activity causing that to stop. Go figure.
Steve Ross /
@vibinc: Exactly what “program” is that? Maybe @washingtonpost needs to disclose just what this “program” is to its readers.
James Ball /
@jamesrbuk: One notable thing given the number of senior Brits in different US newsrooms: UK newsroom leaders tolerate *markedly* less dissent than US ones. And have an especial distaste for disagreements escaping the newsroom and being reported elsewhere.
Barbara Hoffmann /
@barbarahoff52: Remember the @washingtonpost is now being run by a bunch of aholes from the UK who got their start in the UK tabloids, just like Murdoch and of course some of them worked for Rupert Murdoch in the US. Fox News: WaPo boss sounds alarm over dwindling audience in heated staff meeting: ‘People are not reading your stuff’
Max Tani /
@maxwelltani: During the meeting, Lewis was asked leadership diversity and the decision to get rid of Sally Buzbee, the paper's first female top editor. One staffer also said on the call that Buzbee deserved better treatment, prompting some cheering/applause from staff.
Noah Kulwin /
@nkulw: Will Lewis sounds like a proper cunt (britishism favored for low quality individuals)
Alex Griffing /
Mediaite: 'Can't Sugarcoat It': Washington Post CEO And Staff Reportedly Throw Down in Fiery Meeting After EIC's Abrupt Exit
Brian Vastag /
@brianvastag@sciencemastodon.com: Looks like my old workplace is turning into another media shitshow. Editor Sally Buzzbee was shit-canned on a Sunday night and a WSJ dude who's pals with the reich-wing publisher is now in charge. — A friend of mine who was a science editor at the Post recently left after just 18 months. …
Natalie Korach /
The Wrap: Washington Post Staffers Push Back on Sally Buzbee's Sudden Exit as Executive Editor
Sam Litzinger /
@samlitzinger@journa.host: New Washington Post editor Matt Murray meets staff after abrupt Buzbee exit — “In his brief remarks, Murray did not share his specific editorial priorities, though he mentioned a few specific stories that will be top priorities for The Post, including the presidential election, Donald Trump and the trial facing Hunter Biden.” …
Carly Thomas /
The Hollywood Reporter: Sally Buzbee Steps Down as Executive Editor of The Washington Post NOTUS: WaPo staffers say they are concerned that Will Lewis is trying to impose a new editorial vision without giving them clarity ahead of the contentious US election
Discussion:
Margaret Sullivan /
The Guardian: If the Washington Post is to fly again, its journalists must share the cockpit
Dan Kennedy /
Media Nation: Post notes: Buzbee's departure, diversity concerns and a squishy-soft profile
Jon Allsop /
Columbia Journalism Review: The Brits are coming. Again.
Hamza Shaban /
@hshaban: The Post's new leadership think they are telling naive staff the “hard truths” of revitalizing the news business. This posture is condescending and self-aggrandizing. In realty, new leaders are blaming journalists for the bad decisions of prior leaders, with no accountability
Hamza Shaban /
@hshaban: A really dark look at first reactions inside the Washington Post, and a taste of the new leadership style that is rejecting staff input and installing close allies and unknown outsiders in key positions. Implicit in all these big decisions is the approval of Jeff Bezos....
Charlotte Klein /
@charlottetklein: “We are losing large amounts of money. Your audience has halved in recent years. People are not reading your stuff. I can't sugarcoat it anymore,” WaPo CEO and publisher Will Lewis told staff Monday, amid a major leadership shakeup at the paper: https://www.vanityfair.com/...
Brian Stelter /
@brianstelter: Will Lewis “was also asked whether he had interviewed any diverse candidates or women to be the new executive editor but did not give a definitive answer, per several sources.” https://www.notus.org/...
Mike Sims /
@peltast@mstdn.ca: @Mediagazer I'm afraid they're angry because they have clarity, not because they don't. New WaPo editorial vision will be hard right nuttery, that's clear to the staff and they're rightfully concerned.
Charlotte Klein /
Vanity Fair: “I Can't Sugarcoat It Anymore”: Will Lewis Bluntly Defends Washington Post Shake-Up
Karl Bode /
@karlbode.bsky.social: real journalism doesn't serve affluent brunchlords — they want cheaply produced distraction and engagement bait peppered with just enough real journalism to give their incompetence a veneer of seriousness [embedded post]
Gillian Branstetter /
@gbbranstetter.bsky.social: “I've got to do better” but not now I guess [embedded post]
Ray Schultz /
MediaPost: ‘Washington Post’ Shakeup: Exec Editor Buzbee Out
Financial Times:
South Africa's MultiChoice recommends that shareholders accept Canal+'s buyout offer that values the company at $2.9B and will remain open until April 2025— Takeover of Africa's largest pay-TV operator must overcome regulatory hurdles — Africa's largest pay-TV operator, MultiChoice …
Discussion:
Reuters, Business Insider, Advanced Television, WORLD SCREEN and Bloomberg
Discussion:
Kristin Brzoznowski /
WORLD SCREEN: MultiChoice Independent Board Supports CANAL+ Offer
Loni Prinsloo /
Bloomberg: Vivendi's Offer to Buy MultiChoice Valued at $3 Billion Open
The Information:
Sources: Apple was in talks last year to debut Apple TV+ in China via a deal with China Mobile, which would make it the only US video streaming service in China— Apple was in talks last year to launch its Apple TV+ video streaming service in China via a deal with China Mobile …
Discussion:
AppleInsider, @niubi, @waynema and 9to5Mac, more at Techmeme »
Discussion:
William Gallagher /
AppleInsider: Apple TV+ tries to become the first US streamer in China
Bill Bishop /
@niubi: Would require lots of censorship, in China and globally
Wayne Ma /
@waynema: Apple held talks last year with China Mobile to launch Apple TV+ in the country. If successful, it would be the only U.S. streaming service in China, though unclear if it will ever come to Chinese iPhones. Check out my latest scoop for @theinformation https://www.theinformation.com/ ...
Benjamin Mayo /
9to5Mac: Apple held talks to launch Apple TV+ in China, would become the only US streaming service to be available in the region
Washington Post:
Dinesh D'Souza's 2000 Mules, which Salem Media pulled from distribution only last week, is a case study in how appealing, lucrative falsehoods endure— “2000 Mules” is a case study in how appealing, lucrative falsehoods endure. — I was sitting at dinner with my editor in early 2022 …
Discussion:
@pbump, @w7voa@journa.host and Inside Radio
Discussion:
Philip Bump /
@pbump: Wasn't originally going to write about “2000 Mules,” but decided it was worth highlighting how obvious nonsense could be out there for years — misleading people and making money — without any recourse. https://www.washingtonpost.com/ ...
Steve Herman /
@w7voa@journa.host: Two years later, obvious misinformation is finally taken down. “2000 Mules” is a case study in how appealing, lucrative falsehoods endure, writes Phillip Bump. https://wapo.st/3yLui3I
Deadline:
Disney EMEA President Jan Koeppen says Disney spent £3.5B on production in the UK since 2019, including on 29 films; Netflix spent $6B in the UK in 2019 to 2023— Disney has spent £3.5B ($4.5B) on production in the UK since 2019, EMEA boss Jan Koeppen has revealed.
Discussion:
Variety and The Hollywood Reporter
Discussion:
K.J. Yossman /
Variety: Disney EMEA Boss Jan Koeppen Restates Commitment to Theatrical Distribution, Cites ‘Coleen Rooney: The Real Wagatha Story’ as Top Unscripted U.K. Series
Bloomberg:
Shutterstock CEO Paul Hennessy says the company's licensing business with AI companies made $104M in revenue in 2023— - Reka AI is latest customer to announced deal with Shutterstock — OpenAI, Meta, among others using Shutterstock images for AI
Discussion:
@webjournalist.bsky.social and Brody Ford on LinkedIn, more at Techmeme »
Discussion:
Robert Hernandez /
@webjournalist.bsky.social: How many years is it until Shutterstock shuts down because it gets replaced by AI-generated images? Enjoy that $104M. [embedded post]
Brody Ford /
Brody Ford on LinkedIn: Shutterstock has quietly built one of the world's largest AI data licensing businesses. — The marketplace for images and videos cleared $104 million …
Bloomberg:
Antenna: Spotify users are the least likely to cancel among major video or audio streaming services in the US, with a ~2% monthly churn rate, similar to Netflix— Its customers are the least likely to cancel among major video or audio streaming services. — Good afternoon from Chicago …
Discussion:
Music Ally, @lucas_shaw, The Information and Deadline
Discussion:
Lucas Shaw /
@lucas_shaw: Spotify announced it is raising prices, as we first reported it would a couple months ago. Get ready for Spotify to raise prices regularly in the coming years. (As Netflix has in video.)
Lucas Shaw /
@lucas_shaw: People don't switch from one audio service to another. That happens ALL THE TIME in video, where people cancel and resubscribe depending on new shows. But that doesn't exist with audio, where every service offers a similar product. [image]
Martin Peers /
The Information: Spotify's Price Rise Makes Apple Music More Appealing
RELATED:
The Verge:
Spotify plans to raise US prices: Premium from $10.99 to $11.99 per month, Duo from $14.99 to $16.99, and Family from $16.99 to $19.99, after a July 2023 hike
Discussion:
Spotify, The Hill, @ccm_brett, 9to5Google, @radnorcapital, @film_girl, @alexweprin, @tomwarren, The Hollywood Reporter, Engadget, The Desk, CBS News, Gizmodo, Bloomberg, The Media Leader, Micah Willbrand on LinkedIn, CNBC, Digital Trends, Variety, Music Ally, 9to5Mac, The Wrap, KTVX-TV and TechCrunch
Discussion:
Brett /
@ccm_brett: Spotify continues to gain market share on Apple Music and Amazon Music How important will YouTube Music be over the next five years? $SPOT [image]
Ben Schoon /
9to5Google: Spotify is raising prices in the US; $12 for single accounts, $20 for Family @radnorcapital: Spotify $SPOT is raising prices again in the US and the stock is up ~5%. Individual +$1 or +9% to $11.99, Duo +$2 or +13% to $16.99 and Family Plan +$3 or +18% $19.99. Given the stock reaction, this move was likely sooner and/or larger vs. expectations. At the risk of stating
Christina Warren /
@film_girl: Honestly, I'm going to have to consider charging the people who squat on my Spotify Family plan rent b/c this is like a $50 a year increase. Which is small but also WTAF. https://www.theverge.com/...
Alex Weprin /
@alexweprin: The price of individual plans is going up by $1 a month. Family plans? $3 a month.
Tom Warren /
@tomwarren: Spotify is increasing its US prices again. Premium, Duo, and Family plans are all getting price hikes — the second in one year https://www.theverge.com/...
Alex Weprin /
The Hollywood Reporter: Spotify Hikes Prices of Premium Plans Again as Streaming Inflation Continues
Sarah Fielding /
Engadget: Spotify is raising the cost of Premium subscriptions, again
Matthew Keys /
The Desk: Spotify to raise prices on Premium, Duo and Family plans
Khristopher J. Brooks /
CBS News: Spotify hikes price of memberships as it seeks to drive profits
Dua Rashid /
Gizmodo: Spotify Is Raising Prices Yet Again
Ashley Carman /
Bloomberg: Spotify Shares Jump on US Price Increase
Sabrina Quagliozzi /
The Media Leader: Spotify hits users with another price hike in less than a year
Micah Willbrand /
Micah Willbrand on LinkedIn: Have talked a bit on food costs but not it's time for streaming chats. — Fascinating that a company which eliminated 20% of it's work force …
Ashley Capoot /
CNBC: Spotify raises prices of premium subscription plans
Phil Nickinson /
Digital Trends: Spotify is getting more expensive, again
Todd Spangler /
Variety: Spotify Raises U.S. Prices of Premium Streaming Plans for Second Time in One Year
Stuart Dredge /
Music Ally: Spotify raises its subscription prices in the US again
Benjamin Mayo /
9to5Mac: Spotify raising prices again, Family plan now $3/mo more expensive than Apple Music
Natalie Korach /