Top News:
Jim Waterson / The Guardian:
The UK picks Michael Grade, a Conservative House of Lord member who had senior posts at the BBC, ITV, and Channel 4, as Ofcom chair; MPs will likely approve him — Choice of veteran broadcasting executive appears to bring chaotic recruitment saga to an end
Discussion:
Financial Times, @mikegapes, @martinsfp, @briancathcart, @bbclaurak, @ruskin147, @webdevlaw, @jimwaterson, @radioriley, @arusbridger, @bbclaurak and @bbclaurak
Samuel Stolton / Politico:
EU lawmakers reach a provisional agreement on the DMA, which will mandate messaging service interoperability, prohibit self-preferencing practices, and more — EU officials have agreed on landmark rules clamping down on anti-competitive abuses by the world's largest technology platforms …
Discussion:
Protocol, Euractiv, The Verge, European Parliament, Reuters, @samuelstolton, Wall Street Journal, New York Times and Euractiv, more at Techmeme »
The Guardian:
The UK's The Sun posted a £51M loss and £318.6M revenue in 2021; its publisher NGN spent £49M on legal fees tied to phone-hacking in the year to June 27, 2021 — Covid and advertising shifts hurt profits, as News Group Newspapers seeks to end ongoing managed hearings
Discussion:
@fbpe_h, @taintlessred, @jamesrbuk, @profdaveandress, @jimwaterson and @_embo
Jeremy Barr / Washington Post:
BuzzFeed News offers voluntary buyouts to 36 of its ~100 journalists, and its interim EIC says the outlet won't be able to do as many long-term investigations — When BuzzFeed decided in 2012 to branch out from the cat videos, viral listicles and “OMG!” headlines that had put it on the map …
Discussion:
nyguild.org, @beebrookshire, @andrewbuncombe and Talking Biz News
Simon Owens / Simon Owens's Media Newsletter:
A look at Complexly, an educational media company run by YouTube stars Hank and John Green that has 55.2M social media followers and 5B+ views on YouTube — Complexly has 55 million social media subscribers and over 5 billion views on YouTube alone. — Welcome! I'm Simon Owens and this is my media newsletter.
Discussion:
@michellemanafy, @simonowens, @janefriedman, @kendallbaker and @ashkan
Anton Troianovski / New York Times:
At least four Russian state TV employees have resigned over the invasion of Ukraine; 62% of Russians relied on state TV for news in 2021, down from 90% in 2014 — At least four state television employees have publicly resigned, citing regret for their roles in promoting false narratives about Ukraine.
Discussion:
The Conversation, Florida Politics, Politico, @dabeard, @kenvogel, @cliffordlevy, @clarajeffery and @kenroth
Oliver Bullough / Coda Story:
How the risk of being sued by rich and litigious oligarchs muzzles the press in the UK and beyond, as politicians rethink the threat to free speech — To get Oliver Bullough's weekly Oligarchy delivered straight into your inbox sign up here — WHAT IS THE IMPACT OF SLAPPS?
Discussion:
@antelava, @antelava, @codastory and The Week
Kellen Browning / New York Times:
Netflix says it is buying Boss Fight Entertainment, a mobile game developer with 130 employees; it is Netflix's third studio purchase since last summer — The acquisition is the company's third since it announced plans to move into video games last summer.
Discussion:
Variety, About Netflix, Protocol, @ashkan, The Verge, @aagave, @zenofdesign and @kellen_browning, more at Techmeme »
Naomi Andu / The Objective:
Inside the turmoil at the nonprofit Texas Observer, where only 4 editorial staffers remain from the 13 there in September, after resignations and one firing — The progressive magazine was hiring diversely and pouring resources into investigations and the journalists who wanted to pursue them.
Stuart Dredge / Music Ally:
Spotify reports 2021 royalty payments: $7B+ paid to music rightsholders, up from $5B in 2020, as 1,040 artists made $1M+/year and 16.5K artists made $50K+/year — Spotify launched its Loud & Clear website in March 2021, with the aim of “increasing transparency” around its payouts to the music industry.
Discussion:
Variety, @hellmania, @eldsjal, The Verge, @jherskowitz, Billboard, Music Business Worldwide, Forbes, RAIN News and @jherskowitz, more at Techmeme »
Brody Ford / Bloomberg:
After a glitch in TikTok's creator fund registration process prevented sign-ups for weeks, the company says a fix “should be available in the next few days” — Many rising TikTok stars who recently qualified to be paid for their popular videos have been shut out of the registration system …
Discussion:
@sarahfrier, @brodyford_ and @laurenstrapa
Adam Jacobson / Radio & Television Business Report:
Townsquare Media signs a deal to buy Cherry Creek Broadcasting for $18.75M; Townsquare will have 356 local radio stations in 74 markets after the deal closes — Cherry Creek Broadcasting, a small- to-midsize market radio, digital marketing and events company serving markets in the western U.S. …
Discussion:
insideradio.com and PR Newswire
Paresh Dave / Reuters:
Google says it will bar ads from appearing next to websites, apps, and YouTube channels that exploit, dismiss, or condone Russia's ongoing war in Ukraine — Alphabet-owned (GOOGL.O) Google will not help websites, apps and YouTube channels sell ads alongside content that it deems exploits …
Discussion:
CNET and TechCrunch
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