Top News:
Sam Schechner / Wall Street Journal:
EU charges Apple with antitrust violations, alleging it squeezed rival music streaming apps by requiring them to use Apple's in-app payments system — EU accuses Apple of forcing many apps to use its in-app payment system on which it takes commissions, saying it ‘distorted competition’ in music streaming
Discussion:
European Commission, CNBC, ScreenRant, Light Reading, Ars Technica, The Verge, @neil_chilson, Gizmodo, New York Times, Vox, ZDNet, @eu_commission, Protocol, Insider, @dhh, 9to5Mac, Music Business Worldwide, Bloomberg, @carnage4life, @pkafka, Daily Herald, The Week and Reuters, more at Techmeme »
Gerry Smith / Bloomberg:
Source: Stewart Bainum offers to double his stake to $200M in a bid for Tribune and would tap $100M in debt financing; he seeks a partner to buy Chicago paper — - Stewart Bainum offers to include $200 million of his own money — Bid partner Hansjoerg Wyss dropped out of an earlier proposal
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Julie Reynolds / DFM Workers:
Alden has said it will pay $375M to buy remaining Tribune shares, but its financial issues indicate it may force Tribune to take on debt to finance the purchase
Discussion:
@darrendcarroll, @lillianereed, @theoreticalb, @darrendcarroll, @ctguild, @mcallguild and @darrendcarroll
Chris Welch / The Verge:
Roku has removed YouTube TV from its channel store after Roku and Google failed to come to a distribution agreement; existing users will continue to have access — If you've already got the app, be careful not to delete it — Roku has pulled YouTube TV from its channel store.
Discussion:
YouTube Official Blog, Axios, The Streamable, Variety, The Streamable, ScreenRant, TechCrunch, Insider, Observer, The Wrap, MediaPost, TechRadar, AppleInsider, Wall Street Journal, Ars Technica, New York Post, @tomwarren, 9to5Google, Engadget, Gizmodo, Protocol, 9to5Google, TV Technology, FierceVideo, Cord Cutters News and @richlightshed, more at Techmeme »
Todd Spangler / Variety:
Jeff Bezos says Prime Video streaming hours are up over 70% YoY, with more than 175M Prime members having streamed TV shows and movies in the past year — Amazon knocked the cover off the ball again in the first quarter of 2021 — and released a new data point: More than 175 million Prime members …
Discussion:
MediaPost, IGN India, Amazon Inc., Ad Age, MediaNama, CNBC, Broadband TV News, @ukonwaojo, @xpangler, ZDNet, Deadline, Hollywood Reporter, IndieWire, The Verge, The Streamable, Fast Company and The Wrap, more at Techmeme »
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Todd Spangler / Variety:
Nine ViacomCBS networks, including Comedy Central and MTV, are now available on Hulu + Live TV, four years after Hulu launched the service — Starting Friday (April 30), nine ViacomCBS networks will be available on Hulu + Live TV: Comedy Central, BET, Nickelodeon, Nick Jr., VH1, CMT, MTV, TV Land and Paramount Network.
Discussion:
The Desk, The Streamable, TV Technology, Engadget, Cord Cutters News and Media Play News
David Pierce / Protocol:
ByteDance announces that its CFO Shouzi Chew will now also become the CEO of TikTok; TikTok's interim CEO Vanessa Pappas will be TikTok's COO — Shouzi Chew, the CFO of ByteDance, got a new job title on Friday: CEO of TikTok. Vanessa Pappas, who's been running the company …
Discussion:
TikTok, The Wrap, TechCrunch, Adweek, Variety, Ad Age, Los Angeles Times, Daily Herald, Engadget, @loudmouthjulia and @pierce, more at Techmeme »
Max Seddon / Financial Times:
Russia designating Meduza as a foreign agent may spell the end of independent journalism in the country; its editor says new restrictions may force it to close — Independent news site designated ‘foreign agent’ as Russian government puts pressure on journalists
Discussion:
@meduza_en and @meduza_en
Iris Chyi:
Study on COVID-19's impact on 20 US newspapers: digital subscriptions grew 64% between 2019 and Q3'20, print fell 21%, and the median digital sub was $181/year — What happens When Digital Transformation Finally Works — A persistent problem facing U.S. newspapers is users' lukewarm response to their digital offerings.
Discussion:
@dw_grant, @mikelizun, @irischyi and @raju
Keith J. Kelly / New York Post:
WWD reporter Kali Hays was let go, sources say because she refused to delete a document where staff discussed newsroom issues, including lack of diversity — Already depressed morale at “fashion bible” WWD hit a new low when a reporter behind a forum letting staffers vent their grievances …
Reuters:
Sources: Forbes Media, bought by Integrated Whale Media in 2014, is in talks to go public via merger with a SPAC; it also is taking bids from private investors — NEW YORK (Reuters) - Business news and information publisher Forbes Media LLC is in talks to go public through a merger …
Discussion:
@kenli729, @readkrystalhu, @bmorrissey, @jyarow, @bmorrissey and Talking Biz News
Bloomberg:
Endeavor, owner of UFC and WME, rose 5% in its trading debut after raising $511M in its IPO; shares opened at $24 and closed at $25.20 — - Shares of media-talent company up 5% in first day of trading — Silver Lake to control most of media firm's voting power
Discussion:
Variety, @crystalttc, Los Angeles Times, @heidi_chung, Fast Company, Business Wire, MMA Fighting, The Wrap, New York Post, Insider and Deadline
@usatoday_pr:
[Thread] In a letter, Gannett disputes specific wage and demographic data shared by the NewsGuild after a study of 14 unionized Gannett newsrooms — .@Gannett issued a response to @newsguild and their misinformation campaign re: the ‘study’ of 14 out of our 250+ newsrooms. We address the facts that were not disclosed. Gannett is on a journey. We've been transparent about our goals. #facts https://usatodaynetworkcareers.com/ ...
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