Top News:
Ellen Hammett / Marketing Week:
Study: half of the money brands invest in programmatic advertising never reaches online publishers; 15% of the money is unattributable to supply chain players — A new study by ISBA has found that half the money advertisers invest in programmatic advertising never reaches online publishers …
Discussion:
Nieman Lab, Financial Times, ISBA, The Media Nut, Adweek, The Drum, ISBA and Mediatel News, more at Techmeme »
Alan Rusbridger / OneZero:
Some will inevitably see Facebook's Oversight Board as a fig leaf, but in my view, there's no excuse for not trying — Former Guardian editor Alan Rusbridger on why the social media giant ‘needs independent, external oversight’ — Alan Rusbridger was the editor in chief of The Guardian between 1995-2015.
Discussion:
@arusbridger, @evelyndouek, @jodieginsberg, The Week and New York Times
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New York Times:
Facebook announces the first 20 members of its Oversight Board, out of a total of 40, including ex-Guardian editor Alan Rusbridger — The company's independent oversight body will focus on challenging content issues, such as hate speech and harassment. — The authors are co-chairs of Facebook's oversight board.
Discussion:
Columbia Journalism Review, @hadas_gold, @nytopinion, MediaPost, Oversight Board, The Guardian, The Independent, Reuters, The Verge, Meduza.io, @nicsuzor, @profgalloway, @evelyndouek, @matthewstoller, @catoinstitute, @umairh, @nighatdad, @niemanlab, @oversightboard, @slpng_giants, @dexbarton, @dlberes, @adamboultonsky, @mvzelenks, @jeffjarvis, @rasmus_kleis, @filip_struharik, @jameeljaffer, @columbialaw, @broderick, @daphnehk, @sivavaid, @parkermolloy, @kevinroose, @hellethorning_s, @jamalgreene, @caseynewton, @evelyndouek, NPR, The Week, Reason, Engadget, About Facebook, Politico, CNET, The Verge and Protocol, more at Techmeme »
Dade Hayes / Deadline:
YouTube and ViacomCBS expand carriage deal, add 14 new networks, including BET, MTV, and Comedy Central, to YouTube TV this summer — YouTube and ViacomCBS have revealed an expanded, multi-year distribution deal that will add 14 new networks to the tech giant's YouTube TV service this summer.
Discussion:
The Streamable, Variety, Broadcasting & Cable, TechCrunch, Multichannel News and The Verge
Business Wire:
ViacomCBS Q1: $508M net earnings on $6.6B revenue; $471M in streaming and digital video revenue, up 51% YoY; 13.5M streaming subscribers, 24M+ MAUs on Pluto TV — - Sequential Improvement in Operating Income and Adjusted OIBDA, Diluted EPS and Adjusted Diluted EPS, as well as Operating Cash Flow and Free Cash Flow
Discussion:
Broadcasting & Cable, The Wrap and Hollywood Reporter
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Tim Baysinger / The Wrap:
Fox beat estimates with $3.44B in revenue for the quarter ending March 31, aided by Super Bowl ads; net income fell to $90M from $539M in same quarter of 2019 — The Super Bowl may have been bad for the San Francisco 49ers, but it was good for Fox. The 54th iteration of the NFL's title game drove Fox …
Discussion:
Variety, Variety, Broadcasting & Cable and Multichannel News
Todd Spangler / Variety:
Internal email: BuzzFeed's Peretti announces plans to keep losses under $20M, including furloughs for 68 who keep health insurance and extending salary cuts — BuzzFeed, still hoping to avoid layoffs during the economic downturn caused by COVID-19, will furlough 68 staffers without pay starting next week through mid-August.
Discussion:
@djbootheic, @xpangler, TechCrunch, New York Times and @maxwelltani
Radio & Television Business Report:
Sinclair Broadcasting agrees to pay a $48M penalty and abide by what the FCC calls a “strict compliance plan” in order to close three FCC investigations — The FCC late Wednesday afternoon announced the largest civil penalty involving a broadcaster in the agency's 86-year history.
Discussion:
Los Angeles Times, Deadline, @fcc, Federal Communications …, New York Post, @brianstelter, Engadget, @farhip, @jonhumbert, @sdkstl, @digiphile, @ashleylynch, TechCrunch, Poynter, The Wrap, The Hill and Broadcasting & Cable
IJ4EU:
IJ4EU opens applications for cross-border investigative journalism projects in EU and EU candidate countries, providing €1M in grants of between €5K and €50K — One million euros for projects in Europe in 2020 — Read this text in: бълга р …
Michael Potuck / 9to5Mac:
NBCUniversal's streaming Peacock service will be integrated with the Apple TV app at launch on July 15, as well as available through the Peacock iOS/tvOS app — NBCUniversal officially took the wraps off its Peacock streaming service back in January and kicked off a limited release for Comcast and Cox customers in April.
Discussion:
Broadcasting & Cable, Deadline and Variety
Tom Jones / Poynter:
Reporter describes harassment by Trump supporters for wearing masks outside a Honeywell plant while Trump was inside thanking staff for making masks — Reporters covering President Donald Trump's visit to a Honeywell plant in Arizona on Tuesday faced nasty words from a small group of his supporters.
Nicholas Quah / Nieman Lab:
Campside Media, with three journalists and a screenwriter-producer, was formed in part to capitalize on Hollywood interest in podcast stories as adaptable IP — Welcome to Hot Pod, a newsletter about podcasts. This is issue 257, dated May 5, 2020. — Pandemic watch. It's Cinco de Mayo.