How TikTok influencers helped a self-published author sell 1M+ copies of her book, including ~700K on the TikTok shop, showing how TikTok changed book marketing (Alexandra Alter/New York Times)

Mediagazer: How TikTok influencers helped a self-published author sell 1M+ copies of her book, including ~700K on the TikTok shop, showing how TikTok changed book marketing (Alexandra Alter/New York Times)

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New York Times:

How TikTok influencers helped a self-published author sell 1M+ copies of her book, including ~700K on the TikTok shop, showing how TikTok changed book marketing— Keila Shaheen's “The Shadow Work Journal” shows how radically book sales and marketing have been changed by TikTok.
Discussion:

Maddy /
@worrierprincess: this absolutely proves that traditional book publishing is cooked right? right? https://www.nytimes.com/...

Ian Rosales Casocot /
@sandwichspy: Everyone trying to figure out how TikTok works for books... https://www.nytimes.com/...

Linda Secondari /
Linda Secondari on LinkedIn: This very interesting NYT piece on how a self-published author leveraged TikTok to sell 1M books directly in the US is just another example of how #publishing is changing. …

Washington Post:

The Times Guild leaders say NYT, while rolling out expanded bio pages for staff, made “petty” cuts to the language in which staffers extolled their Guild work— After rolling out expanded bio pages designed to ‘bolster trust with readers,’ the Times excised language in which staffers extolled their work with the Guild

Washington Post:

YouGov: the news sources Americans say they trust the most aren't always used most heavily; YouTube and Facebook are often sources for news but not trusted much— That's particularly true among Republicans. — Americans in 2024 again have a source of news that they agree is reliable …

Discussion:
YouGov

IndieWire:

The Tribeca Festival and OpenAI plan to feature five short films made using OpenAI's text-to-video tool Sora on June 15— “Nanny” director Nikyatu Jusu is among the five filmmakers who created a film for the festival using the tech. — Post — Short films generated by artificial intelligence …

Discussion:
Bloomberg and The Hollywood Reporter, more at Techmeme »

Discussion:

Semafor:

Details of CNN's ad packages for its Biden-Trump debate on June 27: a top-tier level with a $1.5M minimum, limits on spending by campaigns and PACs, and more— The Scoop — The Donald Trump-driven boom times are back for the business of American television — at least, for one night in June.

RELATED:

Variety:
Sources: CNN plans to run ads during its June 27 debate between Biden and Trump, a break from tradition; networks using CNN's feed can also sell their own ads

Discussion:

Ethan Alter /
Adweek: Donald Trump's Post-Trial Press Conference Cut Short on Multiple News Networks

Alexandra Steigrad /
New York Post: CNN to buck tradition by putting commercial breaks in Biden-Trump debate: report

Trevor Hunnicutt /
Reuters: Biden wants to talk abortion, Trump immigration in CNN debate

Bloomberg:

LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation— Los Angeles-based Webtoon said in a filing Friday with the US Securities and Exchange Commission that South Korean internet company Naver …

Discussion:
@ca_ecostrategy, US Securities and Exchange Commission, Reuters and The Korea Times, more at Techmeme »

Discussion:

Caleb Anderson /
@ca_ecostrategy: @business Webtoon Entertainment's US IPO is an exciting move! Seeing digital comics grow is fantastic. ☺️ US Securities and Exchange Commission: FORM S-1 — As filed with the Securities and Exchange Commission on May 31, 2024.

Niket Nishant /
Reuters: Online comics platform Webtoon reveals revenue growth, profitability in US IPO filing

Anna J. Park /
The Korea Times: Naver Webtoon's Nasdaq IPO expected to foster growth of webtoon industry

Mediaite:

Eric Bolling, formerly of Sinclair and Fox News and host of Newsmax's 8pm show The Balance, is leaving the network after three years— Eric Bolling has parted ways with Newsmax. — The veteran television host, who helmed the conservative network's 8 p.m. hour with The Balance …

Discussion:
Eric Bolling, @ericbolling, Los Angeles Times, Adweek, The Daily Beast, Deadline and The Wrap

Discussion:
@ericbolling: Important Announcement: Eric Bolling and Newsmax Part Ways [Press Release] https://ericbolling.com/...

Stephen Battaglio /
Los Angeles Times: Conservative commentator Eric Bolling exits Newsmax

Ethan Alter /
Adweek: Eric Bolling Parts Ways With Newsmax

Justin Baragona /
The Daily Beast: Ex-Fox News Star Eric Bolling Leaves Fox News Wannabe Newsmax

Ted Johnson /
Deadline: Eric Bolling Departs Newsmax After Three Year Run

Natalie Korach /
The Wrap: Eric Bolling Exits Newsmax

Bloomberg:

Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting the divest-or-ban law— - ByteDance halts plan to roll out shopping from Spain to Italy — Company aims to entrench itself in its most lucrative market

Discussion:
@carnage4life, PYMNTS.com, Benzinga, Tubefilter, The Register, The Information, 9to5Mac, New York Times and Reuters

Discussion:

Dare Obasanjo /
@carnage4life: It's an interesting commentary on the regulatory and commercial landscape in the EU that TikTok would rather focus on the US market where it's facing a ban than roll out marketplace features in Europe. [image]

Shivani Kumaresan /
Benzinga: TikTok Halts European Expansion To Focus On US E-Commerce

Matthew Connatser /
The Register: TikTok said to be working on US-specific version of its content algorithm for months

Kaya Yurieff /
The Information: TikTok Pauses Shop Expansion Plans in Europe

Wall Street Journal:

Sources: Disney and Comcast's NBCUniversal hit an impasse in Disney's buyout plans for NBCU's 33% Hulu stake, with a significant disagreement over valuation— Companies are discussing a Disney buyout of Comcast's stake in streaming service; with a big valuation gap, the prospect of a court battle looms

Discussion:
@tvgrimreaper, The Information, The Desk, The Streamable and The Media Leader

Discussion:
@tvgrimreaper: How much will Disney finally have to pay Comcast for their Hulu stake? I may not live long enough to find out!

Martin Peers /
The Information: AI Euphoria Disappears From Public Market

Matthew Keys /
The Desk: Disney, Comcast still too far apart on Hulu's valuation

David Satin /
The Streamable: Disney, Comcast Negotiations Over Hulu Sale Hit Snag as Talks Near Finish Line

Financial Times:

Sources: a Paramount special committee approved the sweetened offer from Skydance; Paramount's board, chaired by Shari Redstone, will vote on the deal June 4— Final decision over Hollywood studio group rests with controlling shareholder Shari Redstone — A special committee …

Discussion:
Wall Street Journal, The Wrap, Reuters, The Desk, The Hollywood Reporter, Los Angeles Times and Variety

Discussion:

Lucas Manfredi /
The Wrap: Paramount Special Committee Recommends Revised Offer From David Ellison's Skydance Media

Washington Post:

A look at Robert Allbritton's NOTUS, a nonprofit national politics outlet that employs 10 full-time fellows and is intended to act as a journalist incubator— When he was the owner of Politico, Robert Allbritton sat atop a farm system that hired scores of young reporters to work alongside veteran editors …

Discussion:

Herb Scribner /
@herbscribner: NOTUS is definitely a news org to watch these days. Lots of impressive work with immense talent in their newsroom. https://www.washingtonpost.com/ ... @structstories: “Talking to a ton of senior-to-mid-level execs in media, the constant refrain is: 'I can't find great people'”, says @R_Allbritton, who trained many of today's leading journalists at Politico. AI will do routine news & fluff. Journalists need to be great https://www.washingtonpost.com/ ...

Kyle Tharp /
@kylewilsontharp: NOTUS does not have a presence on TikTok, no presence on Instagram, no presence on Facebook, no YouTube strategy. Not sure who they're trying to keep informed, other than the DC reporters who follow their own reporters on Twitter. https://www.washingtonpost.com/ ...

Kenneth P. Vogel /
@kenvogel: .@R_Allbritton has run news outlets (@politico, @7NewsDC, etc) that molded & propelled top reporters, like @maggieNYT @PamelaBrownCNN & @jdawsey1. Now he's started a nonprofit to train the next generation. In the process, @NOTUSreports is notching scoops https://www.washingtonpost.com/ ...

Tinashe Chingarande /
@tchingarande: .@NOTUSreports got featured in the Washington Post, and I gave @jeremymbarr a kicker quote for the ages.💀 Happy reading!! https://www.washingtonpost.com/ ...

Ron Fournier /
@ron_fournier: Big fan of ⁦@NOTUSreports⁩ and its top editor, ⁦@timgrieve⁩ https://www.washingtonpost.com/ ...

Evan McMorris-Santoro /
@evanmcs: Check out @washingtonpost's story on @NOTUSreports, featuring @TChingarande not so subtly pitching a $300k/yr next job for herself. That's how it's done, folks. Other great stuff in here about what @AJI_Fellowships is trying to do for our industry. https://www.washingtonpost.com/ ...

Karl Bode /
@kbode@threads.net: It's hilarious how blind these brunchlords are to their own class bias most U.S. press coverage is corporatist, unapologetically pro-business, and reflects the center right bias of ownership a handful of journalists suggested a minor course correction, and ownership lost their fucking minds

Karl Bode /
@kbode@threads.net: former politico owner is building a new journalist mill where I assume people aren't paid much and are conditioned to avoid what's clearly the biggest problem with journalism today: wokeism https://www.washingtonpost.com/ ...

Bloomberg:

Meta says 40M+ US and Canadian adults aged 18 to 29 use Facebook daily, the highest number in three years, reflecting efforts to win back younger users— - Feed now features a broader array of posts based on interest — More young adults are back on Facebook after years of declines

Discussion:

Bruce Haring /
Deadline: Facebook Hoping To Become More Appealing To Young Adults Meta: The Future of Facebook — Our vision for Facebook is simple: Facebook is for social discovery …

Karissa Bell /