Top News:
Anna Nicolaou / Financial Times:
Jonah Peretti says BuzzFeed “invested in news beyond where the revenue could support it” in 2014-2016, thinks commerce will make up 31% of revenue by 2024 — Jonah Peretti says he has learned from earlier ‘mistake’ and promises to grow in ‘sustainable way’
Discussion:
@annaknicolaou, @maura, @jimwaterson, @jimwaterson, @jane__bradley, @lanceulanoff, @rachaelkrishna, @neilphauer, @meg_cramer, @loopemma, @jane__bradley and @martinsfp
Jonathan Swan / Axios:
Sources: Tucker Carlson accused the NSA of spying on him after he learned US officials knew he was talking to Kremlin intermediaries to set up a Putin interview — Tucker Carlson was talking to U.S.-based Kremlin intermediaries about setting up an interview with Vladimir Putin shortly …
Discussion:
@justinbaragona, Washington Post, What's the Big Idea?, National Review, Reason, The Federalist, @davidfolkenflik, @bradmossesq, Newser, @surabees, Raw Story, @davidfolkenflik, @zandarvts, @fmkaplan, @dellcam, @dellcam, @dellcam, TVNewser, @normative, @kt_so_it_goes, @jonathanvswan, @davidfolkenflik, New York Post, @matthewfederman, Insider, @grifftheimpaler, @drskyskull, @justinbaragona, @mediaite, @bobcesca_go, The Hill, Mediaite, Overtime, The Wrap and Media Matters for America
RELATED:
Brian Steinberg / Variety:
Publicis Media launches the Once & For All Coalition, a multi-year effort aimed at getting advertisers to invest in minority-owned media — Publicis Media said it would launch a “multi-year” effort aimed at getting advertisers to invest more regularly in media outlets that cater to people …
Brian Schwartz / CNBC:
Foreign lobbying disclosures show Saudi Arabia is funding a yet-to-be-announced digital news service with a DC studio and English-language content — - Saudi Arabia is funding a digital news platform that will feature some U.S.-based media professionals as it begins a new lobbying effort aimed at the White House and Congress.
Discussion:
@hxhassan, @kimmasters, @linaalhathloul, @davidfolkenflik, @daliahatuqa, @edroso and @tparsi
Naomi Osaka / TIME:
Naomi Osaka says the press conference format should be less “subject v. object”, suggests allowing “sick days” where players are excused from press commitments — Naomi Osaka is a professional tennis player who will represent Japan in the upcoming Olympics.
Discussion:
Depresh Mode, Insider, The Wrap, @josemorgado, Scroll.in, @olive2802, theweek.com, @monteiro, Substack, Sports Illustrated, @time, @pebblesboston, The Sun and Japan Times
Sarah Ellison / Washington Post:
Profile of whistleblower May Edwards, who's been sentenced to six months for providing BuzzFeed News with US Treasury Department documents exposing corruption — By the time Natalie Mayflower Sours Edwards stood before Judge Gregory Woods in a courtroom in Lower Manhattan last month …
Discussion:
@dabeard, @duty2warn, @raju, @renaemerle, @sarahellison, @arielkaminer and @sulliview
Peter White / Deadline:
Shonda Rhimes extends her deal with Netflix, which will now include feature films and potential gaming and VR content — Shonda Rhimes is sticking with Netflix. — The Bridgerton creator has extended her partnership with the streamer. — The deal, which extends the multi-million dollar deal …
Discussion:
Variety, The Streamable, The Wrap, WORLD SCREEN and Hollywood Reporter
Bonnie Kristian / The Week:
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed — One member of this class action is not like the others — Former President Donald Trump announced himself on Wednesday …
Discussion:
Media Matters for America, Axios, Washington Post, MSNBC, Techdirt, The Verge, NBC News, @barbmcquade, Reason, @zoetillman, @djrothkopf, @tribelaw, @adamliaw, @timobrien, @wokemitt, Fortt Knox, @mmasnick, Input, @shiringhaffary, @kylegriffin1, Poynter, @jeffjarvis, @reckless, @jackischechner, @mmasnick, @jeffjarvis, @jeffjarvis, CNN, WWD, Vanity Fair and Vox, more at Techmeme »
Deadline:
Universal agrees to give IMDb TV exclusive rights to its 2020-2021 films and Amazon Prime Video 10-month rights to future films, after four months on Peacock — EXCLUSIVE: In another blockbuster streaming deal with a major movie studio, Amazon's Prime Video and IMDb TV have closed …
Discussion:
Variety, @pkafka, The Wrap, The Streamable, @edmundlee, Digital TV Europe, FierceVideo, @dnrobinson, @mgsiegler, @lucas_shaw, @lucas_shaw, Cord Cutters News and Hollywood Reporter
Rebecca Beitsch / The Hill:
State Department OIG finds that former USAGM CEO Michael Pack erred in firing six employees and stripping some of security clearances; five have been reinstated — A government watchdog found the Trump-appointed leader of Voice of America (VOA) erred in his dismissal of six employees …
Discussion:
@hugolowell and Government Accountability …
James Hercher / AdExchanger:
The Trade Desk launches a demand-side dashboard, Solimar, for ad buying and a venture capital arm; its first startup investment is in Chalice Custom Algorithms — The Trade Desk's investment in Chalice is another example of the company positioning as a voice of the open internet against walled gardens.
Discussion:
@ericfranchi
Gerry Smith / Bloomberg:
A look at Peacock as it enters its second year, considers expansion abroad, and tries to grow paid subscriptions; sources: 20% of Peacock's 14M MAUs pay for it — Inside 30 Rockefeller Plaza in New York last month, NBC executives revealed their long-awaited plan to use the Olympics to supercharge their streaming service, Peacock.
Discussion:
The Streamable, AppleInsider, @loudmouthjulia, @emmagf, @gerryfsmith, @wickdchiq, @felixsalmon and @lucas_shaw, more at Techmeme »
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