ITN signs a deal with OpenOrigins to protect its video archive from AI and license content; videos will be validated and secured using blockchain tech (Charlotte Tobitt/Press Gazette)

Mediagazer: ITN signs a deal with OpenOrigins to protect its video archive from AI and license content; videos will be validated and secured using blockchain tech (Charlotte Tobitt/Press Gazette)

Top News:

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: Variety, MediaPost, New York Times, The Wrap, Adweek, Talking Biz News, @ernie@writing.exchange, @danackerman, @asilbwrites, @jaycodon, @justinbaragona, @tomgara and @pkafka

Discussion:

Todd Spangler /
Variety: Tech-News Site Gizmodo Sold to European Media Firm Keleops, Which Says It Will Retain Entire Editorial Staff

Ray Schultz /
MediaPost: Gizmodo Is Sold To European Group

Katie Robertson /
New York Times: Gizmodo Sold to European Media Company

Benjamin Lindsay /
The Wrap: G/O Media Sells Gizmodo to European Tech Media Company Keleops

Mark Stenberg /
Adweek: Gizmodo Acquired by French Media Firm Keleops

Chris Roush /
Talking Biz News: Tech news site Gizmodo sold to European company

Ernie Smith /
@ernie@writing.exchange: The company known as G/O Media no longer owns G nor O. — https://www.thedailybeast.com/ ...

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

Jacob Donnelly /
@jaycodon: Jalopnik, Kotaku, Quartz, The Root, and The Inventory are all that remain at G/O Media.

Justin Baragona /
@justinbaragona: NEW: G/O Media has just sold Gizmodo to European digital media company Keleops Media. Below is the memo to staff from Jim Spanfeller: [image]

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

TechCrunch:

TuneIn partners with Discord, bringing TuneIn's full free live radio and podcast library to Discord's Activity app directory— Audio streaming service TuneIn is teaming up with Discord to bring free live radio to the platform. This is TuneIn's first collaboration with a social platform …

Discussion:
Sherri Hendrickson on LinkedIn, @buckwilson, @discord, RadioInsight and Richard Stern on LinkedIn

Discussion:

Sherri Hendrickson /
Sherri Hendrickson on LinkedIn: I'm thrilled to share something I've been working on for almost a year- TuneIn is now available for listening on Discord ! …

Buck /
@buckwilson: Excited and proud of the work our team has done to enable TuneIn and other such Apps to run in Discord. Just a reminder: you don't have to be in a Voice Call to launch it! @discord: There's a new way to listen to music, podcasts, and news with your friends. The newest Activity on Discord, TuneIn Radio & Podcasts, is now available! [image]

Lance Venta /
RadioInsight: TuneIn Launches Within Discord

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:
TechCrunch, Gizmodo, Wired, Engadget, New York Post, @ebakerwhite, BGR and Tubefilter, more at Techmeme »

Discussion:

Matt Novak /
Gizmodo: Big Name TikTok Accounts Reportedly Hacked Via DMs

Dell Cameron /
Wired: TikTok Hack Targets ‘High-Profile’ Users via DMs

Lawrence Bonk /
Engadget: Malicious code has allegedly compromised TikTok accounts belonging to CNN and Paris Hilton

Ariel Zilber /
New York Post: Hackers break in to TikTok accounts belonging to Paris Hilton, CNN in ‘zero day’ attack

Emily Baker-White /
@ebakerwhite: Update: we've learned that an official Sony account has also been affected. https://www.forbes.com/...

Jacob Siegal /
BGR: TikTok warning: Your account can be hacked just by opening a DM

James Hale /
Tubefilter: Trump gets on TikTok

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:

Bron Maher /
Press Gazette: Guardian CEO Bateson ready to ‘do a deal’ with AI companies ‘on the right terms’

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.

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:

Emma Roth /
The Verge: Max raises prices across its ad-free plans

Matthew Keys /
The Desk: Max rolls out price increase on ad-free tiers of service

Bevin Fletcher /
StreamTV Insider: Warner Bros. Discovery increases prices for ad-free Max subscriptions

Christi Carras /
Los Angeles Times: Warner Bros. Discovery is raising Max prices. Here's how much it'll cost you

Etan Vlessing /
The Hollywood Reporter: Max Raises Price for Ad-Free Subscriber Tier

David Satin /
The Streamable: Canceling Max Because of Newest Price Hike? Which Cheaper Streamers Should You Replace It With?

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

Sara Fischer /
@sarafischer: 🤑 Summer stream-flation https://www.axios.com/... #axiosmediatrends [image]

Lucas Manfredi /
The Wrap: Max Hikes Prices on Ad-Free Tiers @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/...

Samantha Bergeson /
IndieWire: The Max Price Increase Is Here, Just in Time for ‘House of the Dragon’ Season 2

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.

Ryan Schwartz /
TVLine: Max Is Raising Prices, Effective Immediately — How Much It'll Cost to Stream Without Ads

Erik Gruenwedel /
Media Play News: Max Streaming Service Raising Subscription Prices

Phil Nickinson /
Digital Trends: The ad-free options for Max are getting more expensive

Jordan Valinsky /
CNN: Spotify is hiking its prices again

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:

Rachel Curry /
Observer: Paramount Skirts Anticipated Merger Announcement with David Ellison's Skydance Media

Lauren Hirsch /
@laurenshirsch: Tidbit w @BenMullin Paramount has moved tomorrow's employee town hall to June 25. $para “Given the ongoing speculation regarding potential M&A, we want to be able to speak to you with as much candor and transparency as possible. By moving the date, our hope is to do just that” Financial Times: Shari Redstone leaves investors guessing as Paramount and Skydance agree merger terms

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”

Etan Vlessing /
The Hollywood Reporter: Paramount Leaders Unveil “Shared Vision” Amid Takeover Offer

Alex Sherman /
Alex Sherman on LinkedIn: Paramount Global controlling shareholder Shari Redstone has a deal in front of her to merge Paramount with Skydance Media .... …

Sahil Patel /
The Information: Paramount Leaders Outline Plan to Cut Costs, Explore Streaming Joint Ventures

Dawn Chmielewski /
Reuters: Paramount Global's co-CEOs to lay out strategy for shareholders

Richard King /
Richard King on LinkedIn: It's sad to see these stalwarts of American pop culture on the precipice of financial ruin. Paramount was founded in 1912....has $14 billion in debt …

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

Sara Fischer /
Axios: Paramount mulls streaming JV, job cuts as merger talks loom

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

Chris Morris /
Fast Company: After months of talks, Paramount and Skydance have reportedly agreed to a merger

Press Gazette:

ITN signs a deal with OpenOrigins to protect its video archive from AI and license content; videos will be validated and secured using blockchain tech— Broadcast news production company ITN has become the first UK news organisation to announce a deal seeking to safeguard its archive from the threat of AI.

Discussion:

Brecht Declercq /
Brecht Declercq on LinkedIn: #Fakenews sources often piggyback on the #credibility that reputable news channels have painstakingly established over the years. …

Zaffrin O'Sullivan /
Zaffrin O'Sullivan on LinkedIn: Many of you know that I joined ITN earlier in the year, stepping into my first General Counsel role. …

Tami Hoffman /
Tami Hoffman on LinkedIn: Finally able to share details of a new ITN partnership with OpenOrigins to protect our historic archive of news footage. … @endersanalysis: Rachel Corp, CEO, @ITN - Today I can announce an exclusive partnership with a company called OpenOrigins, to anchor our archive and give a link to every video we have, linked to blockchain, for verification @MediaTelco2024 [image]

Max Goldbart /
Deadline: UK News Networks Will Not Be Able To Counter Deepfakes On General Election Day, Says Head Of ITN

New York Times:

Sean Combs has sold his majority stake in Revolt, the media company he founded; the largest shareholder group of the company is now made up of employees— After a wave of lawsuits accusing Mr. Combs of sexual assault, the two are “completely separated and dissociated from each other,” the company's chief executive said.

Discussion:

Alexandra Steigrad /
New York Post: Sean ‘Diddy’ Combs sells stake in Revolt — a company he founded — amid alleged sex assaults

Ethan Shanfeld /
Variety: Sean ‘Diddy’ Combs Sells Majority Stake in Revolt as Employees Become Largest Shareholder Group of the Media Company

Jordan Hart /
Business Insider: Sean ‘Diddy’ Combs sells off his entire stake in Revolt, the media company he founded

Dylan Smith /
Digital Music News: Diddy Fully Divests from Revolt Amid Continued Controversies — Employees Are Poised to Become the ‘Largest Shareholder Group’

Andre Woolery /
Andre Woolery on LinkedIn: Today is a momentous day. REVOLT, a Black-owned media empire is now majority EMPLOYEE OWNED. I'll say it again so it can sink in …

Janelle Griffith /
NBC Bay Area: Sean Combs sells stake in Revolt, media company he founded

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:
@waynema, AppleInsider, @scotian.bsky.social, 9to5Mac and @niubi, more at Techmeme »

Discussion:

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/ ...

William Gallagher /
AppleInsider: Apple TV+ tries to become the first US streamer in China @scotian.bsky.social: wasn't this around the time they canned Jon Stewart for going hard on China? [embedded post]

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

Bill Bishop /
@niubi: Would require lots of censorship, in China and globally

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:
The Hollywood Reporter, CBC News, @jackshafer, Reuters and Media Play News

Discussion:

Etan Vlessing /
The Hollywood Reporter: Streaming Giants Ordered By Canadian Regulator to Pay for More Local Movie and TV Content

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.

David Ljunggren /
Reuters: Canada says online streaming services must hand over 5% of their domestic revenues

@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:

Diana Falzone /
Mediaite: Daily Beast Brings in New York Post Vet to Replace Tracy Connor as Top Editor

Kevin Fallon /
@kpfallon: Tracy is the most tenacious, fearless, protective, and, beyond all of that, fun EIC any journalist could hope to work for. She changed my career with the launch of Obsessed, and always understood why pop culture is as important as it is silly. I'm lucky to have worked with her.

Corbin Bolies /
@corbinbolies: After one of the heaviest days I had at TDB — covering the U.S. troops killed in Afghanistan — Tracy sent me a message that lifted my spirits/confidence in ways I can't fully describe, only bested by the chance she took on me when she hired me full time. A superb editor & person.

Max Burns /
@themaxburns: When I was a freelance opinion writer at The Beast, Tracy took me out for a drink and welcomed me to the family. We chatted for like, two hours. To date, she's the only EIC I've ever worked for who has taken to time to meet and talk to me in person. Flawless.

Matt Fuller /
@mepfuller: No one knows all the ways in which Tracy Connor made The Daily Beast the force that it was. (I don't even know!) But let me enumerate just some of the ways 🧵:

Matt Fuller /
@mepfuller: 6. The Journalism Tracy is, at her core, a true journalist. She wants to hold powerful people accountable, but she's not going to cut corners to get there. That attitude permeated throughout the entire newsroom, but it starts at the top.

Noor Ibrahim /
@bynooribrahim: It's true that you won't find a smarter journalist, a sharper editor, a more tireless leader than @tracyconnor. She gives it her all, every single day. But she does so without ever compromising the best thing about her: being a good person—to her core—through and through.

Rachel Olding /
@rachelolding: There is no EIC more hard-working, smart, protective, and damn funny than @TracyConnor. It's been the privilege of my career to work with her 😢

Justin Baragona /
@justinbaragona: Without a doubt, Tracy is the hardest-working editor-in-chief I've ever worked under. She's a mentor, a tenacious reporter, an attentive editor and, most of all, a friend. She's made my reporting so much better over the years, and I wouldn't be where I am now without her.

Sam Stein /
@samstein: Hard to put in words what a tremendous editor and person Tracy is. The absolute epitome of what a newsroom colleague should be. Excited for her next chapter.

Natalie Korach /
The Wrap: Daily Beast Editor in Chief Tracy Connor Exits Amid Broad Leadership Shakeup

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

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.”

Julia Alexander /
@loudmouthjulia: The Rupert Murdoch extension of influence across US publications continues. Daily Beast. WaPo. WSJ (naturally). @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

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.

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.

A.J. Bauer /
@ajbauer: New right-wing outlet just dropped?

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:
WORLD SCREEN, Reuters, Business Insider, Advanced Television and Bloomberg

Discussion:

Kristin Brzoznowski /
WORLD SCREEN: MultiChoice Independent Board Supports CANAL+ Offer

Loni Prinsloo /