Top News:
Wall Street Journal:
Sources: Warner Bros. Discovery plans to keep Discovery+ as a standalone service after launching a new service that combines content from HBO Max and Discovery — Move comes amid concerns that some Discovery+ subscribers might not want to move to upcoming pricier, bigger platform
Discussion:
@enzuigiri, @jbflint, @asharma, @bysarahkrouse, @brianstelter and Cord Cutters News
Joshua Benton / Nieman Lab:
Microsoft's and Google's plans to use AI in search increase uncertainty for publishers and raise old questions about the link economy, fair use, and aggregation — A dozen years ago, Eric Schmidt forecast the AI pivot that's playing out this week. And the questions it prompts …
Discussion:
The Official Microsoft Blog, Bloomberg, Insider, @microsoft, @_richardhall, @markuskarlsson, @economyapp, @microsoftedge, @alemannoeu, @gdb, @allisonlcarter, @eevblog, @niemanlab, @jessefelder, @mariaramirezny, @om, @scottgu, @davidclinchnews, @jbenton, @sarahscire, @rasmus_kleis, Search Engine Land, ABC, The Information, TechCrunch and The Guardian, more at Techmeme »
Katie Robertson / New York Times:
The New York Times reports Q4 revenue up 12.3% YoY to $667.5M, 2022 revenue up 11.3% to $2.3B, and a $347.9M operating profit, as subscribers reached 9.6M — The company said it added more than a million digital subscribers in 2022, bringing its total number of paying subscribers to 9.6 million.
Discussion:
The New York Times Company, @bgrueskin, @tripgabriel, @brianstelter, @nkulw, @dicktofel, @mariaramirezny, @nycjim and @katie_robertson
Duncan Campbell / Byline Times:
Freelancer Duncan Campbell details the conflicts of interest and long delays when CJR edited his article on The Nation's defense of Russia; CJR blames Campbell — How the investigation into The Nation magazine's pro-Russia bias was canned by ‘press watchdog’ the Columbia Journalism Review
Discussion:
emptywheel, @tomwatson, @joestewart, @dcampbell_iptv, @michaeldweiss, @tomwatson, @jayrosen_nyu, @jayrosen_nyu, @jayrosen_nyu, @peterjukes, @im_pulse, @fridaghitis, @tomwatson, @tomwatson, @emptywheel, @davidcorndc, @tomwatson, @jamesrbuk, @ctmathewes, @jamisonfoser, @jamesrbuk and @jayrosen_nyu
Georg Szalai / The Hollywood Reporter:
Fox Corp reports Q2 revenue up 4% YoY to $4.61B, ad revenue up 4% YoY to $2.5B thanks to the World Cup, and $321M net income, up from a $73M net loss in Q2 2021 — After the Murdoch family recently dropped plans to merge Fox with News Corp, the company reported its fiscal second-quarter results.
CNBC:
Q&A with 17 TV industry leaders, including Barry Diller, Kevin Mayer, Bela Bajaria, and Jeff Zucker, on bundling, linear TV and cable networks' fate, and more — - CNBC asked media insiders, including Barry Diller, Bela Bajaria, Jeff Zucker and Bill Simmons, for their predictions about what TV will be like in three years.
Megan Morrone / Fast Company:
Atmosphere TV, which streams ad-supported video channels often without audio, raised a $65M Series D at a $1B valuation and names Blake Sabatinelli as its CEO — The out-of-home streaming TV network wants you to look away from your screen and look at theirs. And now it has a new CEO and fresh funding to vie for your attention.
Discussion:
Business Wire, Axios and Light Reading, more at Techmeme »
Sarah Perez / TechCrunch:
Qustodio: kids aged 4 to 18 used TikTok for 107 minutes per day on average in 2022, up from 82 minutes in 2020, and 60% longer than YouTube's 67 minutes per day — For another year in a row, TikTok has found itself as the social app kids and teens are spending the most time using throughout the day, even outpacing YouTube.
Discussion:
@mattnavarra and @glenngabe, more at Techmeme »
Tyler Aquilina / Variety:
Muso report: 2022's most pirated TV series differed from the most legally streamed shows; many of the most pirated shows were only on niche streaming services — It's easy to assume that what's driving illegal consumption of film and TV is as simple as viewers wanting to watch popular titles without paying for them.
Discussion:
Collider
Bloomberg:
EU study: Russia supports operations that impersonate media outlets like Al Jazeera and Euronews and satirical magazines as part of its disinformation campaigns — The Russian government is supporting operations that impersonate international media outlets as part of its disinformation campaigns …
Discussion:
TechCrunch, @mattnavarra, @digiphile, Euractiv and Politico
Nilay Patel / The Verge:
Q&A with authors Felix Gillette and John Koblin on their book It's Not TV, the genesis of HBO, competing with Netflix, AT&T's Time Warner deal, and more — Authors Felix Gillette and John Koblin explain how your favorite shows kept HBO afloat. — HBO started as an experiment.
Kayleigh Barber / Digiday:
The Athletic Chief Commercial Officer Sebastian Tomich says the outlet is considering ticketing, merchandise, and betting as revenue sources with partner BetMGM — Last September, The Athletic introduced ads to its business model for the first time (aside from podcast and newsletter ads that've …
Discussion:
@niemanlab, @adater and The Newsletter Newsletter
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