Top News:
Todd Spangler / Variety:
Radio and podcasting company Entercom is rebranding itself to Audacy and retiring Radio.com — After more than 50 years as Entercom Communications, the radio and podcasting company is unfurling a new banner: Effective immediately, it is changing its name to Audacy. … The company's new website is audacyinc.com.
Discussion:
Axios, The Desk, Forbes, Radio & Television …, RAIN News, RadioInsight, @jason_kint and Hot Pod News
Sara Fischer / Axios:
Spotify buys app developer Betty Labs, creator of Locker Room, a live social audio app where fans can talk about sports, which Spotify plans on expanding — The acquisition will allow creators of all kinds to host anything from debates to live concerts.
Chris Welch / The Verge:
T-Mobile to shut down TVision's three bundles of live channels at the end of April, after launching in Nov., and is instead partnering with YouTube TV and Philo — TVision Live, Live Plus, and Live Zone will go offline on April 29th — Only five months after announcing its TVision streaming service …
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T-Mobile, ScreenRant, T-Mobile, The Streamable, The Streamable, MediaPost, @taralach, Forbes, Insider, Deadline, The Desk, @inafried, @reckless, @thestreamable, @matthewkeyslive, @jank0, @claireatki, @matthewkeyslive, @nicfildes, @richlightshed, @claireatki, @backlon, @chriswelch, Gizmodo, nexttv.com, Light Reading, Awful Announcing, Variety, The Wrap and Cord Cutters News, more at Techmeme »
Axios:
Sources: Substack's latest round values the company at around $650M — Substack is raising $65 million in new venture capital funding that would value the company at around $650 million, Axios has learned. Existing investor Andreessen Horowitz is leading the round.
Discussion:
The Hill, Awful Announcing, TechCrunch, @sarafischer, @pkafka, @ericnewcomer, @jayshams, @hunterwalk, @jason, @mdudas, @joshgerstein, @lucas_shaw, @aaronhuertas, @shawnarchen, @eoinhiggins_, @pt, @alexthomp, @mattyglesias, @chrismessina, @ggreenwald, @rentjensen, @katie_roof, @tolles, @rafat, @jonathanvswan and @rafat
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Substack Blog:
Substack raises $65M Series B led by Andreessen Horowitz — When we started Substack to build an alternative media economy that unlocks the full potential of the internet and gives more power to writers and readers, we didn't know if the model would work. A lot of people told us that no one would pay for newsletters.
Discussion:
The Wrap, @kantrowitz and @andrewchen, more at Techmeme »
Felicia Sonmez / @feliciasonmez:
Felicia Sonmez says she has been told by her editors that the Washington Post is rescinding its years-long ban on her from writing about sexual misconduct — Hi all. I've been told by my editors that the Post is rescinding its ban. This is good news, but it's unfortunate that it had to come at such a high emotional toll, and after my distress was dismissed for years. I'm taking time to rest and process. Thank you for your support.
Discussion:
Washington Post, @farhip, The Wrap, Poynter, @justinwmmoyer, @edokeefe, @emilymiller, @dangillmor, @froomkin, @moorehn, @dangillmor, @johnrussell99, @drvolts, @wesleylowery, @dansolomon, @chrchristensen, @elongreen, @briannawu, @irin, @liamstack, @farhip, @scottnover, @jayrosen_nyu, @cagoldberglaw, @mike_hixenbaugh, @louisathelast, @dataeditor, @moiradonegan, @emilyrauhala, @hanaatameez, @hshaban, @wesleylowery, @jackmirkinson, @vikkie, @joshchafetz, @jayrosen_nyu, @nycsouthpaw, The Hill and Insider
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Rachael Bade / Politico:
Felicia Sonmez criticized WaPo editors during a staff town hall, revealing that she is barred from writing anything about sexual misconduct or #MeToo
Felicia Sonmez criticized WaPo editors during a staff town hall, revealing that she is barred from writing anything about sexual misconduct or #MeToo
Discussion:
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Luke Winkie / Nieman Lab:
Boston Globe's health and life sciences pub STAT is thriving during the pandemic, with monthly unique visitors of 23M+, up from an average of 1.5M in 2019 — “Our Chartbeat dial went past the maximum. It went all the way around again.” — 2020 was one of the grimmest years for the media business on record.
Discussion:
Media Nation, @risj_oxford, @jimrutenberg, @rickberke, @luke_winkie, @niemanreports and Talking Biz News
Lucas Shaw / Bloomberg:
A look at Roku's experiment with original programming: acquiring shows at a fire-sale price instead of committing billions of dollars to original shows — Roku Sells You TV Dongles. So Why Is It Making TV Series? — When Cody Heller found out Roku was buying her show “Dummy,” she was thrilled.
Georg Szalai / Hollywood Reporter:
ViacomCBS' BET is going digital-only in the UK on April 8 and will run on Pluto TV and Channel 5's My5 streaming platform — Originals ‘Celebrity Comfort Food,’ ‘Black to the Future’ and ‘We Do That’ will join the lineup as senior vp of BET International Monde Twala says: “We are committed to growing the BET brand in the U.K.”
Discussion:
Digital TV Europe and Broadband TV News
Reveal:
Federal judge dismisses Planet Aid's four year, multimillion-dollar libel lawsuit against Reveal from The Center for Investigative Reporting — After more than four years of fighting a multimillion-dollar libel lawsuit brought by international aid group Planet Aid, Reveal from The Center …
Discussion:
@reveal, @emilyroseman1, @christacir, @vdbaranetsky, @jkealing, @achabel, @reveal and @inn
Sarah E. Needleman / Wall Street Journal:
Cameo, which now has 40,000 personalities, raises $100M from Vision Fund 2 and others at a $1B+ valuation, up from $300M in 2019 — The four-year-old video platform features more than 40,000 personalities but faces increased competition, potentially from Facebook
Discussion:
The Wrap, Variety, Axios, @mr312, @mgsiegler, Reuters, @richlightshed and @wsj, more at Techmeme »
Sebastian Pellejero / Wall Street Journal:
Dapper Labs, maker of NFT-focused NBA Top Shot, raises $305M, sources say at $2.6B valuation; investors include several pro athletes including Michael Jordan — Dapper Labs draws investors that include basketball legends Michael Jordan and Kevin Durant, seeking to cash in on the digital-collectibles craze
Discussion:
TechCrunch, Insider and Sports Illustrated, more at Techmeme »