Top News:
Mike Isaac / New York Times:
Meta agrees to alter its ad targeting and pay a $115,054 fine to settle a DOJ discrimination lawsuit for allegedly limiting which Facebook users saw housing ads — HUD had accused Meta's housing advertising system of discriminating against Facebook users based on their race, gender, religion and other characteristics.
Katie Collins / CNET:
The EU says TikTok agreed to curb undisclosed ads by altering its branded content policy and ad reporting options and to ban promoting “inappropriate products” — After complaints that TikTok was breaching EU consumer rules, the company has worked with the European Commission to update its branded-content policy.
Discussion:
European Commission, Reuters, Tubefilter and @eu_commission
Bobby Caina Calvan / Associated Press:
Russian journalist Dmitry Muratov's Nobel Peace Prize medal sold for a record $103.5M on Monday night at an auction to raise money for Ukrainian child refugees — NEW YORK (AP) — The Nobel Peace Prize that Russian journalist Dmitry Muratov was auctioning off to raise money …
Discussion:
New York Times, Substack, @drdenagrayson, @ananavarro, @eilishhart, @bizballmaury, @ap, The Week, Mediaite, Numlock News, The Hill, @biannagolodryga, Newsy, Insider, @joshboak, The Guardian, @davidaxelrod, UPI, National Zero and The Guardian
Abbey White / The Hollywood Reporter:
Equal Entertainment acquires Pride Media, owner of Out Magazine, The Advocate, and Pride.com, and plans to rebrand the LGBTQ+ media company as Equal Pride — The acquisition puts the country's largest LGBTQ+ media company — home to Out and The Advocate's print and digital arms — under queer ownership for the first time.
Discussion:
@tracyegilchrist and @jeffmasters1
Sara Fischer / Axios:
Entertainment news outlet Ankler Media raised a $1.5M seed at a $20M valuation; CEO Janice Min says Ankler has 22K paid and free subscriptions and is profitable — Ankler Media, an entertainment news company, has raised a $1.5 million seed round at a $20 million valuation, its CEO and editor-in-chief Janice Min tells Axios.
Discussion:
The Wrap, @ycombinator, @davidiadeleke, @rafat, @richardrushfield and @janicemin
Mark Landler / New York Times:
News Corp says “legal issues” led to The Times removing its Boris Johnson article; the case underlines an unhealthy government and Tory media owner closeness — What happened to a story published in The Times of London that was critical of Prime Minister Boris Johnson?
Discussion:
@andrewjvarney, @elise_jordan, @sarahchurchwell, Press Gazette, @themichaelmoran, @frasercadman, The Independent and The Times
RELATED:
PoliticsHome:
The UK's Number 10 confirms that Boris Johnson's team intervened before a Times story about his wife was pulled, but denies the Prime Minister was involved
Discussion:
@warrenmorgan, @edwest, @politicshome, @hoffman_noa, @hahellyer, @greg_jenner, @hannaflint, @jmpsimor, @adampayne26, The Guardian and Press Gazette
Gaspard Sebag / Bloomberg:
France's antitrust watchdog declines to levy more fines against Google over paying publishers, as Google's commitments now address its concerns and are binding — Google brought an end to a dispute with publishers and avoided further fines after winning regulatory approval for pledges …
Discussion:
Wall Street Journal, Le blog officiel de …, Politico, Reuters and TechCrunch, more at Techmeme »
Nick Vivarelli / Variety:
As Paramount+ launches in the UK and Ireland, a Q&A with Paramount CEO of streaming Tom Ryan about its global rollout, 100M subscribers goal by 2024, and more — Elsewhere in Europe, Paramount+ has set firm dates to launch its standalone streaming offer in Italy in September …
Discussion:
The Guardian, Hollywood Reporter, MediaPost, The Streamable, @alexhern, Hollywood Reporter, TrekMovie.com, The Streamable and Financial Times
Rob Hastings / The i Paper:
A profile of BBC Eastern Europe Correspondent Sarah Rainsford, who was kicked out of Russia in August 2021 and is now covering Russia's invasion from Ukraine — When Russian troops retreated from the towns around Kyiv, abandoning their attempts to capture Ukraine's capital - for now, at least - journalists quickly moved in.
Discussion:
@sarahrainsford, @euan_macdonald, @biz_ukraine_mag, @robhastings and @robhastings
Esther Kezia Thorpe / Media Voices:
Survey: 18% of US adults subscribe to newsletters by solo journalists, vs. 4% in the UK and 8% in Germany, indicating the Substack effect is a US phenomenon — This year's hotly-anticipated Digital News Report 2022 from the Reuters Institute for the Study of Journalism has landed.
Discussion:
The Fix and What's New in Publishing
Peter White / Deadline:
Barack and Michelle Obama's production company Higher Ground signs a first-look deal with Amazon's Audible and is leaving Spotify — President Barack Obama & Michelle Obama's Higher Ground has found a new podcast home. — The company, which is behind audio series such as Renegades …
Discussion:
Variety, Bloomberg, Los Angeles Times, The Hill, Insider, New York Post and Hollywood Reporter
Hannah Miller / Bloomberg:
Crypto payments company MoonPay partners with Universal, Fox, Death Row Records, and Creative Artists Agency to create NFT collections on its HyperMint service — Crypto payments company MoonPay is partnering with major entertainment brands as it expands further into the struggling nonfungible token market.
Discussion:
@bloombergtv and CNBC, more at Techmeme »
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