Top News:
Benjamin Mullin / Wall Street Journal:
Apollo Management names Tinder CEO Jim Lanzone as CEO of Yahoo, formerly Verizon Media; Lanzone launched CBS All Access at CBS — Mr. Lanzone will join Yahoo as CEO later this month — Apollo Global Management Inc. is naming Tinder Chief Executive Jim Lanzone the new CEO of Yahoo …
Discussion:
@benmullin, Variety, TechCrunch, Business Wire, The Wrap, Axios, @reckless, @alex, @digitalshields, @thufirhawat, CNBC, @jyarow and @wsj, more at Techmeme »
Wall Street Journal:
Anemic salaries and rising tuition make debt loads from some journalism programs burdensome; USC alums have median earnings of $42K and median loans of $67K — Students take on debt for master's degrees in hope of news jobs even as opportunities diminish — News reporting has lost thousands …
Discussion:
@wesleylowery, @gregotto, @jenseniorny, @genepark, @zachdespart, @thetrudz, @mattzeitlin, @jessicataylor, @prestoncooper93, @lawrencehurley, @melissakorn, @mcwm, @allisonmcneely, @jgrantaddison, @markham, @alexjamesfitz, @fitz_ly, @rkelchen, @wsj, @justingraywsb, @dangillmor, @aria_gerson, @sjdemas, @juliebosman, @kathrynwolfe, @wesleylowery, @gutavsaraiva, @byrhondal, @davpjor, @cailincrowe, @davpjor, @emmasarappo, @ryanchittum, @byadamrhodes, @daviduberti, @sopandeb, @jessicataylor, @dylanmatt and @dannygroner
Jessica Toonkel / The Information:
Sources: Apple intends to double its output of TV shows and movies next year to at least one a week and plans to spend $500M+ on marketing Apple TV+ this year — When Apple launched its Apple TV+ service nearly two years ago, executives throughout Hollywood and Silicon Valley snickered about the streaming video service.
Discussion:
ScreenRant, Engadget, @kerrymflynn, @chunkynerd, 9to5Mac, @jtoonkel, @sizpatel and @loudmouthjulia, more at Techmeme »
Ethan Jakob Craft / Ad Age:
TV trade body VAB is forming a task force to create a unified approach and standards and an interoperable ecosystem for TV measurement — VAB announces new group dedicated to forwarding video measurement — The TV trade body the VAB is assembling players in the industry to form …
Discussion:
NBCUniversal Together, AdExchanger, nexttv.com and MediaPost
Amanda Silberling / TechCrunch:
Apple says Apple Music will use Shazam's technology to identify and compensate DJs, labels, and artists involved in making DJ mixes — Apple Music announced today that it's created a process to properly identify and compensate all of the individual creators involved in making a DJ mix.
Discussion:
Variety, Billboard, @jherskowitz, Music Business Worldwide, 9to5Mac, The Verge, Engadget, Complete Music Update and musically.com, more at Techmeme »
Luke Winkie / On Posting:
Decaying publications like Spin, Newsweek, and Deadspin are denied dignified deaths by investors, who sometimes even try to harvest NFTs from the remains — It should be impossible to read Spin in 2021. The URL should either redirect to an elegiac 404, or a tasteful archive of the magazine's glory years.
Discussion:
@michellemanafy, @matt_kiser, @tcarmody, @peterhamby, @bmorrissey, @luke_winkie, @kenwheaton and @niemanlab
Benjamin Rappaport / Chapelboro.com:
Michael Jordan makes $1M grant to UNC's Ida B. Wells Society to increase diversity in investigative journalism via outreach to aspiring journalists of color — A $1 million grant from basketball legend Michael Jordan and his Jordan Brand's Black Community Commitment will aid the Ida B. Wells Society for Investigative Reporting.
CNN:
CNN changes its polling methodology to better account for political differences between those who respond to polls and those who do not — (CNN)The landscape of political polling is changing, and so too is the way CNN carries out its polls. Beginning with Friday's newly released CNN poll conducted …
Discussion:
New York Post
Alex Weprin / The Hollywood Reporter:
Filing: BuzzFeed's revenue rose by 50%+ in Q2 2021, and its planned acquisition of Complex Networks plus its planned merger with a SPAC remain on track for Q4 — Advertising revenue rose compared to the pandemic-hit quarter a year ago. — BuzzFeed says that its revenue rose by more than 50 percent …
Discussion:
Variety, Wall Street Journal, @buzzfeedpr, Business Wire and Deadline
A.J. Katz / TVNewser:
CNBC signs a new deal with Jim Cramer, which includes daily written and video content and a new subscription product, CNBC Investor Club with Jim Cramer — CNBC announced Jim Cramer has signed a new multi-platform deal with the network. In addition to his on-air duties for Mad Money …
Discussion:
Talking Biz News, TVNewsCheck, Variety, Deadline, The Wrap and The Hollywood Reporter
Wall Street Journal:
Source: JPMorgan Chase is acquiring The Infatuation, a restaurant discovery service that bought Zagat from Google in 2018 — Deal is the bank's latest effort to cater to big spenders who like to travel and dine out — America's biggest bank is buying the company behind the Zagat brand.
Discussion:
CNN, @kh, @meaganloyst, @chrismessina, @jnsilva_, @sujayjaswa, @ariannahuff, @rafat, @iateitmyway, @musa, @rafat, @hreins, @mignano, @swodinsky, @swodinsky, @caleweissman, @tanyadua, @schmooey, @tomgara, @houseofstang, @swodinsky, @silviakillings, @zachhonig, @bmorrissey and @mediaevan
Alexandra Steigrad / New York Post:
Marie Claire, which Hearst sold to Future Media in May, ends its US print edition, offering print subscribers Hearst's Harper's Bazaar as a replacement — Women's magazine Marie Claire is ending its US print edition after 27 years, The Post has learned. — The magazine, which was sold …
Discussion:
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