Top News:
New York Times:
W.W. Norton stops shipments of a Philip Roth biography after claims the writer, Blake Bailey, groomed his students; two women say he sexually assaulted them — W.W. Norton, citing the accusations that the author, Blake Bailey, faces, said it would stop shipping and promoting his new best-selling book.
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New Orleans Times-Picayune, The Wrap, @gerardaraud, Associated Press, @moiradonegan, @miriamelder, @amandakhurley, @mariskreizman, @therealbradbabs, @chengela, @jamiattenberg, The Guardian, @tinajordannyt, @kmonty, @rosao_hara, @lpolgreen, @briallenhopper, @rachelabramsny, @dcbigjohn, @punkinonwheels, @rachelcleves, @alex_lily, @lmlauramarsh, @profsunnysingh, @alexanderrusso, @paperalphabet, @ennisnyt and Los Angeles Times
Ben Thompson / Stratechery:
Apple's Podcast Subscriptions is costly but offers a great Apple-controlled customer experience that could reduce subscriber churn and boost conversion rates — There was a bit of a brouhaha a couple of weeks ago when Senators Amy Klobuchar and Mike Lee sent a letter to Apple accusing …
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@stratechery, Nieman Lab, The Verge, @howardlindzon, @timjeby, @kjlabuz, @keleftheriou, @dalmaer, @caseynewton, @ericpaulgeorge, Digiday, MediaPost, Platformer and AppleInsider, more at Techmeme »
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Ashley Carman / The Verge:
Apple unveils in-app subscriptions for Apple Podcasts; Apple will take 30% of revenue in the first year, and 15% in following years — For ad-free, early access, and bonus content — A monumental change is coming to Apple Podcasts' business: the company is launching subscriptions within the Apple Podcasts app.
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Reuters News Agency:
Reuters has appointed Gina Chua as executive editor, reporting to EIC Alessandra Galloni; Chua has been EIC of the South China Morning Post and The Asian WSJ — Reuters, the world's largest multimedia news provider, announced today that Gina Chua has been appointed executive editor.
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@raju, @stephenjadler, @rasmus_kleis, @lawrencehurley, @jerometaylor, @zielina, @ginaskchua, @elanazak, @jeffjarvis and Talking Biz News
Cynthia Littleton / Variety:
Disney and Sony Pictures to bring Marvel films and other properties to Disney Plus starting with Sony's 2022 slate; titles go to Netflix, then Disney — Disney has set a massive movie licensing pact with Sony Pictures for the U.S. that promises to bring Spider-Man and other Marvel properties …
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Deadline, @frankpallotta, MediaPost, @loudmouthjulia, @variety, IndieWire, The A.V. Club, @entstrategyguy, /Film, @lucas_shaw, @zaib_shaikh, AIPT, @zeitchikwapo, @eternalsnews, Heroic Hollywood, @loudmouthjulia, @richlightshed, @masasoncap, The Wrap, Hollywood Reporter and Cord Cutters News
Ad Age:
Global Alliance for Responsible Media report shows gaps remain in how Facebook, Instagram, YouTube, and other social media platforms disclose harmful content — TikTok, Snapchat, Pinterest and Twitter also submit insights about harmful content in a closely-watched industry study on brand safety
Elizabeth Williamson / New York Times:
A look at Knowledge Fight, a podcast started in 2017 to mock Alex Jones that grew into a profitable enterprise and is now chronicling Jones' downward spiral — Dan Friesen and Jordan Holmes turned their Infowars-skewering podcast into a business. In the post-Trump era, they're documenting Mr. Jones's reckoning.
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@egavactip, @jaredlholt, @martyderosa, @jrosenbaum, @freedlander, @jonathanweisman and @lrozen
Megan Graham / CNBC:
DoubleVerify, which builds software for digital media advertisers, closed up 33% on its first day of trading after its IPO, giving it a market cap of $5.3B+ — - DoubleVerify, a company that builds software for digital media, began trading Wednesday. — It attempts to help advertisers …
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@mjbarash and @megancgraham
Ronan Shields / Adweek:
Outbrain confidentially files for an IPO, seeking a $2B valuation, after the abandonment of its earlier attempted merger with rival Taboola — Ad-tech company seeks $2 billion valuation in planned IPO
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@rafat, @tsimonite, @lanceulanoff, @ediggs, @adweek, Insider and Yahoo Finance, more at Techmeme »
Charlotte Tobitt / Press Gazette:
UK's Reach says referrals to its websites from Instagram grew by more than 500% YoY in 2020 and followers across its 50 Instagram accounts grew by 40% YoY — The number of readers driven to Reach regional websites from Instagram grew by more than 500% in 2020.
Discussion:
@ed_walker86
Anthony Ha / TechCrunch:
Creator+, which wants to build a film studio to produce feature-length movies by top creators and distribute them through a streaming service, raises $12M — In the words of co-founder and CEO Jonathan Shambroom, Creator+ is a new startup that will “finance, produce and distribute feature-length films …
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@vscpr, Los Angeles Times, Hollywood Reporter and Variety
Robert Channick / Chicago Tribune:
Tribune Publishing sets May 21 date for shareholders to vote on a deal to sell the Chicago-based newspaper chain to hedge fund Alden Global Capital for $633M — Tribune Publishing set a May 21 date for shareholders to vote on its deal to sell the Chicago-based newspaper chain to hedge fund Alden Global Capital for $633 million.
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@opinion_joe, @robertchannick and Talking Biz News