Top News:
Will Oremus / Slate:
Facebook has forfeited our trust to the point that we see nefarious motives in any misstep, as some overblown reactions to Spotify and Netflix integrations show — Facebook may or may not have lost its handle on our data. But it has definitely lost its handle on the public narrative—and the benefit of the doubt.
Juliet Chung / Wall Street Journal:
Moonbug, a London-based startup that recently acquired YouTube channel Little Baby Bum, raises $145M to buy and develop more programming for kids — Entertainment company wants to acquire popular shows, invest in production — Children's entertainment company Moonbug Entertainment …
Discussion:
TechCrunch, @felixcapital and Deadline
Vox Media:
Vox Media launches Vox Video Lab on YouTube, a two-tiered video subscription program starting at $4.99 with access to Q&As, outtakes, and more from Vox creators — New Membership Program Launched with Support from Google News Initiative — Today we're happy to introduce the latest project …
Discussion:
Business Insider
Washington Post:
Deep dive into why Saudis murdered Jamal Khashoggi, a moderate and patriot dissident journalist of Saudi Arabia, after failing to woo him back with promises — Jamal Khashoggi had been in the United States for only a few months when the forces he had fled in Saudi Arabia made clear that he would never fully escape.
Discussion:
@wesleylowery, @postbaron, @gregjaffe, @michalskilaura, @abuaardvark and Editor & Publisher
Rani Molla / Recode:
More than half of top 50 shows on Netflix, by one measure, are owned by others like Disney, NBCU, and WarnerMedia, which are planning rival streaming services — Fortunately for the streaming giant, its own shows are popular too. — Many of Netflix's most popular shows are owned by companies that plan to compete with Netflix.
Discussion:
@ranimolla and @alexeheath, more at Techmeme »
Sahil Patel / Digiday:
Forbes Media CEO says overall revenue and profit are up 18% and 42% YoY, respectively, and that it plans to invest in or acquire one or two companies per year — Forbes said it just had its most profitable year since it became Forbes Media in 2006. And now, the company …
Thanks:@steverubel
Alexandra Bruell / Wall Street Journal:
Association of National Advertisers urges FTC to push for a federal law on data use for ads to pre-empt state laws that could be non-uniform and confusing — ANA proposes new guidelines for data privacy legislation, enforced by the FTC, to avoid state-run regulation
Nick Statt / The Verge:
Fortnite creator faces lawsuits alleging copyright infringement for profiting off dance “emotes”, raising questions about monetizing public forms of expression — Epic Games' Fortnite is the biggest game on the planet right now, but one of its biggest sources of revenue …
Discussion:
Wall Street Journal, @bryfitz, @mathewi and @mattpavelle, more at Techmeme »
Agence France-Press:
Der Spiegel plans a special 23-page section on how award-winning reporter Claas Relotius got away with inventing sources and stories — German magazine calls Claas Relotius scam ‘worst thing that can happen’ to editorial team — The German news weekly Der Spiegel is to publish …
Discussion:
Washington Post, Spiegel Online, @natashafatah, @shane_bauer, @petersmanns, DW.COM, @craigsilverman, The Wrap and The Guardian
Tara John / CNN:
UK's Advertising Standards Authority announces companies will be banned from including gender stereotypes that could cause offense in ads beginning June 2019 — London (CNN)Depictions of girls as less academic than boys or men being belittled for “unmanly” behavior will be soon be a thing of the past in British commercials.
Discussion:
The Guardian, The Independent and The Week
The Guardian:
Russia's media regulator says it will review whether the BBC is in compliance with Russian law in a retaliatory move after Ofcom in the UK censured Russia's RT — Retaliatory move comes after UK watchdog found network RT broke impartiality rules — Russia's media regulator has said it will carry …
Discussion:
@ksenijapavlovic, BBC and Telegraph
Jon Russell / TechCrunch:
iflix, a Netflix-like streaming service targeting emerging markets, is selling its Africa business to concentrate on Indonesia, Malaysia, and the Philippines — Iflix, the emerging market Netflix competitor that's backed by Sky, is leaving Africa to double down on its business in Asia.
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