Top News:
Brian Steinberg / Variety:
Sources: Disney will not accept ads about alcohol, politics, or rival studios on the ad-supported tier of Disney+ — Not every marketer is likely to get its commercials on a new ad-supported version of Disney+. — The popular streaming service — home to Marvel movies, the “Star Wars” …
Discussion:
CNET, Ad Age, MediaPost and @annehummert
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Wall Street Journal:
Disney says the ad-supported tier of Disney+ will carry four minutes of commercials per hour, on par with what HBO Max promised and nearly half of what Hulu has — Total ad load to be limited to four minutes an hour; preschool children won't see any ads — Walt Disney Co. DIS 1.99%▲ …
Discussion:
TechCrunch, The Streamable, @patiencehaggin, @mulvihill79, TVLine, @richlightshed and @tsoh_investing
Joshua Benton / Nieman Lab:
Analysis of top Facebook posts from 9 US local TV stations: only 9.9% had video, community stories were popular, sports posts performed below average, and more — In a typical American city, the local daily newspaper is the outlet producing the most news day after day.
Discussion:
@kimwilson, @adriana_lacy, @spj_tweets and @mattnavarra
Antoinette Siu / The Wrap:
BuzzFeed, which bought Complex Networks and HuffPost in 2021, reports Q1 revenue up 26% YoY to $91.6M and a net loss up 295% YoY to $44.6M; stock falls 10%+ — BuzzFeed, Inc. on Monday reported its first-quarter earnings as a public company, with results showing growing content revenue …
Discussion:
TechCrunch, Digiday, Hollywood Reporter, @katie_robertson, Benzinga, Dow Jones Newswires and BuzzFeed
Bill Curry / Globe and Mail:
Google says Canada's proposed Online News Act amounts to a “link tax” that would “break” its search engine; Google made similar claims against Australia's code — Google is ramping up its opposition to the federal government's Online News Act, warning the proposed new law would …
Discussion:
Press Gazette, @wturvill, Google, @vijayshekhar, @jason_kint, @jason_kint, @dave1agar, @newsceo, @jj_mccullough, @bgrueskin, @jason_kint, @jason_kint, @jason_kint and Toronto Star
Sara Fischer / Axios:
Kevin Mayer and Tom Staggs' Candle Media acquires ATTN:, a profitable digital content publisher focused on social change content, sources say for $150M — It gives Candle access to a brand that has expertise in reaching a younger, socially-active audience.
Discussion:
The Wrap, Variety, @sarafischer, Deadline, @kevinmayer, @candlemedia, @tomstaggs, @ashkan, @jtoonkel, The Hollywood Reporter, @richlightshed and @mikehadgis
Ezra Marcus / New York Times:
An in-depth look at OnlyFans agencies, which manage hundreds of models' accounts and use teams of ghostwriters to chat with subscribers in private messages — Clever marketers have figured out how easy it is to simulate online intimacy at scale, ventriloquizing alluring models with cheap, offshore labor.
Discussion:
@mikestabile, @tophcus, @justinhendrix, @andyboxall, @angel_isab3lle, @ashleylatke, @ezra_marc, @pornoqueer, @liamstack, @nytimes, @veenadubal and @kevinbaker, more at Techmeme »
Jeremy Fuster / The Wrap:
SEC filing: in Q1, Warren Buffett acquired a $2.6B stake in Paramount via Berkshire Hathaway, his third stake in a streaming company along with Apple and Amazon — Warren Buffett's holding company Berkshire Hathaway has bought $2.6 billion in stocks for Paramount Global …
Discussion:
MediaPost, Insider, Variety, @thewrap, @alexweprin, Associated Press, Variety, Deadline, Hollywood Reporter and Insider
Eater:
Stephanie Wu is named as Eater's editor-in-chief, replacing founding editor Amanda Kludt, who's now the group publisher of Eater, Popsugar, Punch, and Thrillist — Wu's new role comes alongside two other expanded roles for Eater leadership — Amanda Kludt, group publisher of Eater …
New York Times:
Paradise Media sells literary magazine The Believer to its original owner McSweeney's at a “meaningful” loss, after a fan backlash over clickbait content — The magazine, bought by a marketing company, briefly hosted clickbait content. Scandal ensued.
Discussion:
American Press Institute, @believermag, The Tumbleweed, @crulge, @andreasharsono, @zunguzungu, @imjasondiamond, @_catherinelacey, @clarajeffery, @aherman2006, @ftrain, @jackpendarvis, @annamerlan, @timmarchman, @jagjaguwar, @erikmbaker, @amandafortini, @jamesyeh, @sdkstl, @mcsweeneys, @jamesyeh, @mdbell79, @sarahw, @xanalter, @kristenradtke and Los Angeles Times
John Revill / Reuters:
Swiss voters back a law mandating that streaming services invest 4% of the revenue they make in Switzerland into local content — Swiss voters on Sunday backed proposals to make global TV streaming services such as Netflix Inc (NFLX.O), Amazon (AMZN.O) and Disney (DIS.N) …
Discussion:
@dada_drummer, DW.COM, Pasaporte Electoral and Light Reading
Alexander Lee / Digiday:
Current and former staffers detail how Enthusiast Gaming gut esports news site Upcomer after acquiring it in 2021, laying off 11 of 26 full-time staff in March — In 2021, gaming and esports company Enthusiast Gaming acquired the dormant esports media brand Upcomer, with plans to turn it into a leading esports news publication.
Discussion:
@apzonerunner, @owoathkeeper, @amandatnstevens, @goopyknoopy, @alexleewastaken and @jacobwolf
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