Top News:
Nicole Sperling / New York Times:
Sony Pictures Entertainment signs four-year deal with Netflix to grant exclusive US rights to its films once out of theaters and make 2-3 films/year for Netflix — In another sign of Netflix's growing dominance, Sony Pictures Entertainment has signed a four-year deal that will give …
Discussion:
Wall Street Journal, Variety, Fast Company, @loudmouthjulia, Hollywood Reporter, Deadline, Engadget, @akstanwyck, @petersuderman, @rottentomatoes, @benpaddon, @xpangler, @frankcurzio, @brooksbarnesnyt, @bluthcapital, @johngizis, @loudmouthjulia, @mgsiegler, @politothomas, Axios, Los Angeles Times and Bloomberg, more at Techmeme »
Alex Weprin / Hollywood Reporter:
Sean Combs, Byron Allen, and others call on companies to spend more ad money on Black-owned media after GM said it would increase spending from 2% to 8% by 2025 — The mogul was responding to a pledge from GM to spend more of its ad budget on Black-owned media: “No longer can Corporate America manipulate …
Jack Crosbie / Discourse Blog:
Insider may be a pandemic success story, but a transcript from an all-hands meeting and recent tweets show tone-deaf leadership by global EIC Nicholas Carlson — A lesson in how not to communicate with your staff. — There are very few “good” bosses in the digital media industry.
Discussion:
@cdelshad, @jscros, @kath_krueger, @tomgara, @ronhogan, @cdelshad, @jason_koebler, @derektmead, @mathewi, @jscros, @niemanlab and @mylesudland
Dylan Byers / NBC News:
Sources: Kimberly Godwin, executive vice president of CBS News, is in final negotiations with Disney to become head of ABC News — Disney has found the next president of ABC News. — Kimberly Godwin, the executive vice president of CBS News, is in the final stages of negotiations with Disney …
Discussion:
@dylanbyers and Variety
Peter Kafka / Vox:
Jason Kilar confirms that next year, Warner Brothers' biggest movies will debut in theaters and then make their way to HBO Max — A chat with Jason Kilar, who wants to unwind his controversial streaming plan. — A few months ago, WarnerMedia upended Hollywood by streaming all of its new movies …
Discussion:
@manueladb, Always Be Watching, @ballmatthew, Cord Cutters News, @loudmouthjulia, @pkafka, IndieWire, /Film, ComingSoon.net, Insider, The Streamable, The Wrap, The Direct, The A.V. Club, IGN, GameSpot, Collider and Engadget
Variety:
The CEO of Reliance Entertainment, owned by Reliance - Anil Dhirubhai Ambani Group, is launching a SPAC focused on the Indian media industry — Shibasish Sarkar, current CEO of Reliance Entertainment, is spearheading the launch of the first special purpose acquisition company targeting the Indian media industry.
Discussion:
@richlightshed, UNITED STATES SECURITIES AND EXCHANGE COMMISSION and Livemint
Saniya More / The Block:
An auction for an NFT based on a Forbes cover sold for $333,333; proceeds go to the Committee to Protect Journalists and International Women's Media Foundation — Major business magazine Forbes has sold a non-fungible token of its latest issue cover for $333,333 to a bidder who goes by “mondoir.”
Discussion:
Yahoo News, BeInCrypto, @delrayman, @mondoir, @forbes, @mhutchison and Talking Biz News
Tom Balmforth / Reuters:
Russian court fines RFE/RL $70K for failing to label itself as a foreign agent, part of what RFE/RL calls a campaign to oust it; it's been fined $1M this year — MOSCOW (Reuters) - A Russian court fined Radio Free Europe/Radio Liberty $70,000 on Wednesday for flouting its foreign agent legislation …
Discussion:
Radio Free Europe/Radio …, @aceurasia and USAGM
Jeff Horwitz / Wall Street Journal:
Study: Facebook algorithms disproportionately show certain types of job ads to men and women, reflecting the concentration of that gender in a position or field — Researchers found the platform's algorithms promoted roles to certain users; company pledges to continue work in removing bias from recommendations
Discussion:
MIT Technology Review, Facebook Journalism Project, The Intercept and shardul's Newsletter
Sarah Perez / TechCrunch:
Facebook's NPE team launches Hotline, a web-based app to let creators stream and record live video or audio Q&As, in public beta — Facebook's internal R&D group, NPE Team, has today launched its latest experiment, Hotline, into public beta testing. The web-based application …
Discussion:
Gizmodo, Gotrade Daily, @socialaudionow, Vincos Newsletter, @digiphile, @jowyang, @danbenjamin, @jerrycap, Adweek, ScreenRant, Insider, Engadget, musically.com, The Verge and 9to5Mac
Mark Stenberg / Adweek:
Defector Media creates harassment protection policy including coverage from DeleteMe, a proxy to manage a targeted employee's accounts, safe lodging if doxxed — A glimpse into a workplace protection initiative that could become ubiquitous
Tom Jones / Poynter:
A 60 Minutes report suggested that Florida Gov. Ron DeSantis ran a “pay for play” scheme involving vaccinations without providing info, context, or evidence — The investigative journalism show is highly respected, but not infallible. A sloppy moment on Sunday's show is raising serious concerns.
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