Top News:
Rahat Sandhu / Reuters:
Vice files for bankruptcy and agrees to sell its assets to lenders, including Fortress and Soros Fund, for ~$225M; assets and liabilities are $500M to $1B — Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale …
Discussion:
VICE Media Group, Bloomberg, TechCrunch, The Week, New York Times, NPR, Gizmodo, Crain's New York Business, The Desk, The Guardian, @benmullin, New York Magazine, @josephfcox, Reuters, CNBC, Just The News, Beyond Search, BBC, @tomgara, Financial Times, @fastcompany, @marktlive, Fast Company, Bankrupt Company News, VICE, @officialsauravd, The Information, @paleofuture, @stefsimanowitz, Press Gazette, Associated Press, Variety, The Hollywood Reporter, @laurenshirsch, @jmweast, The Wrap, @jayrosen_nyu, CNN, @daithaigilbert, @mrwillhayward, Wall Street Journal, @claireatki, @thetowncrier, @lorenzofb, @toluogunlesi, Insider, @by_nathanbrown, @alexisjreports, @jason_koebler, Broadband TV News, @maxwelltani, WORLD SCREEN, New York Daily News, MediaPost and Boing Boing
Discussion:
Jonathan Bing / VICE Media Group: VICE Media Group Enters Into Purchase Agreement with Lender Consortium
Amelia Pollard / Bloomberg: Vice Files for Chapter 11 in Shift of Fortune for Media Upstart
Amanda Silberling / TechCrunch: After a 29-year run, Vice files for bankruptcy
Justin Klawans / The Week: Vice Media files for bankruptcy
Jody Serrano / Gizmodo: Vice Files for Bankruptcy, Prepares for $225 Million Sale
Matthew Keys / The Desk: Vice Media files for bankruptcy, prepares asset sale
Ben Mullin / @benmullin: NEWS: Vice was once worth $5.7 billion. Now, a group of lenders are in talks to acquire it out of bankruptcy for $225 million. w/@LaurenSHirsch https://www.nytimes.com/...
Joseph Cox / @josephfcox: “VICE did not immediately respond to Motherboard's request for comment.” https://www.vice.com/...
Reuters: Vice files for bankruptcy and agrees to sell its assets to lenders, including Fortress and Soros Fund, for ~$225M; assets and liabilities are $500M to $1B
Elliot Smith / CNBC: Vice Media files for bankruptcy to enable sale to lenders including Soros and Fortress
Madeleine Hubbard / Just The News: Vice Media files for bankruptcy to facilitate sale to lenders including Soros
Stephen E. Arnold / Beyond Search: The Gray Lady: Objective Gloating about Vice
Tom Gara / @tomgara: A lot of the articles about Vice pin its downfall on the same issues other digital media companies faced, but I always thought Vice was more of a TV company working on TV production type economics, and their web stuff was a kind of side hustle? Was that wrong?
Daniel Thomas / Financial Times: Vice Media files for bankruptcy protection ahead of sale
@fastcompany: Vice says it will continue to operate during the process and hopes to emerge under new ownership with a “simplified capital structure.” https://f-st.co/SFJwM1M
Mark Thompson / @marktlive: Dreams Vice executives once had of a stock market debut or a sale at an eye-popping valuation have been wiped away. The company was considered to be worth $5.7 billion at one point. https://www.nytimes.com/...
Michael Grothaus / Fast Company: Vice Media files for Chapter 11 bankruptcy: Here's what to know
Bankrupt Company News: Vice Group Holding Inc. - Global Multi-Platform Media Company Files for Bankruptcy with $834.0mn of Funded Debt; Fortress Investment Group …
Jason Koebler / VICE: VICE Media LLC Files for Chapter 11 Bankruptcy
Saurav Das / @officialsauravd: Once among d hottest new-media start-ups, Vice has now filed for bankruptcy protection On a similar note, was recently discussing with a friend about how in India, there ain't even 4 new media organisations that pay a decent fee to freelance journalists https://www.ft.com/...
Matt Novak / @paleofuture: “A group of Vice's lenders, including Fortress Investment Group and Soros Fund Management, is in the leading position to acquire the company out of bankruptcy. The group has submitted a bid of $225 million, which would be covered by its existing loans to the company.” https://twitter.com/...
Stefan Simanowitz / @stefsimanowitz: Vice Media is preparing to file for bankruptcy Sad to see. As a freelance journalist @VICENews would commission stories that few other publications would consider 👉 https://www.vice.com/... 👉 https://www.vice.com/... 👉 https://www.vice.com/... 👉 https://www.vice.com/... https://twitter.com/... [image]
Bron Maher / Press Gazette: Vice Media declares bankruptcy
Associated Press: Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks
Abid Rahman / The Hollywood Reporter: Vice Media Files for Bankruptcy (Report)
Lauren Hirsch / @laurenshirsch: Vice has filed for bankruptcy with a credit bid from Fortress and other creditors valuing it at $225m - down from $5.7bn. Vice raised a $250m loan from Fortress & Soros in 2019. It's been in default on that loan for months. W/ @BenMullin https://www.nytimes.com/...
@jmweast: In retrospect maybe an indie shock mag co-founded by a white supremacist that occupied the same cultural space as jackass but more snide, judgmental, and bigoted was a poor choice of platform to stake the future of alternative media upon. Ah, nevertheless, https://www.vice.com/...
Lucas Manfredi / The Wrap: Vice Media Files for Bankruptcy
Jay Rosen / @jayrosen_nyu: At the moment, the only Vice story I am interested in reading would explain how it could have a valuation of $5.3 billion in 2017 and today agree to sell its assets for $225 million. https://www.axios.com/...
David Gilbert / @daithaigilbert: VICE Media Files For Bankruptcy.... ...unfortunately for all those cheering this news the last couple of weeks, my colleagues and I are still very much here and we are going to continue reporting on you for a long time yet.... https://www.vice.com/...
Will Hayward / @mrwillhayward: “We look forward to completing the sale process in the next two to three months and charting a healthy and successful next chapter at Vice.” Better to say nothing at all than this tripe. Vice, Decayed Digital Colossus, Files for Bankruptcy https://www.nytimes.com/...
Dave Sebastian / Wall Street Journal: Vice Media to Sell Itself as It Files for Bankruptcy
@claireatki: Next stop for Vice, an auction process inside the courtroom, most likely handing debt financing experts Fortress the whole entity as the so-called ‘fulcrum’ investor. A score for Wes Edens who might want to keep the asset after a slim down, I hear. #vicemedia https://twitter.com/...
Jason Whittaker / @thetowncrier: An absolute darling of new media, a promised yellow brick road back to actually engaged young people - who'd fled traditional platforms - for big tech and big media and big business who all threw obscene amounts of money at it. But the revenue never came. https://twitter.com/...
@lorenzofb: If you read this it's clear that the culprits of VICE's current situation are the higher ups who for years were getting 6 or even 7 figures salaries. The same people that every other year laid off hundreds of workers and blamed the economy or whatever. https://www.vice.com/...
Tolu Ogunlesi / @toluogunlesi: Raised more than $1.6 billion, reached valuation of $5.7 billion (2017), spent hundreds of millions of dollars on acquisitions—now bankrupt and being sold for $225 million in 2023 https://www.axios.com/...
Nathan Brown / @by_nathanbrown: VICE has officially filed for bankruptcy, as had been expected for weeks. But a reminder for fans of IndyCar's 100 Days to Indy: The show should be safe, not only for the rest of this season, but future ones: https://www.indystar.com/... https://twitter.com/...
Alexis Johnson / @alexisjreports: The best break down of what's happening at Vice and how the company got here that I've read so far, to no surprise, has come from our own brilliant reporters. https://twitter.com/...
Jason Koebler / @jason_koebler: Updated this with a lot more detail from the bankruptcy filings. There's a lot to the story but basically: VICE took a lot of funding + debt + loans, got stuck in a cycle of not being able to pay those back. Critical thing according to filing was ...
Julian Clover / Broadband TV News: Vice files for Chapter 11
Max Tani / @maxwelltani: Vice's email to staff regarding the company's decision to file for bankruptcy [image]
Mansha Daswani / WORLD SCREEN: VICE Media Group Files for Chapter 11
Peter Sblendorio / New York Daily News: Vice Media files for Chapter 11 bankruptcy
RELATED:
Sara Fischer / Axios:
A history of Vice Media, which has raised over $1.6B, was valued at $5.7B in 2017, and owns a slew of assets, including Refinery29 and Vice Studios
A history of Vice Media, which has raised over $1.6B, was valued at $5.7B in 2017, and owns a slew of assets, including Refinery29 and Vice Studios
Discussion:
Associated Press: Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks
Frank Mungeam / @frankwords: This ⬇️. Buzzfeed and Vice were the disruptive darlings not long ago and here we are. It's time to have an honest conversation about shiny object syndrome in news...and be sure we continue to invest in sustainability for legacy as well as startup news outlets. https://twitter.com/...
Niharika Sharma / Quartz: The capitalist establishment is poised to take control of edgy, non-conformist Vice
Jesse Whittock / Deadline: Vice Media Files For Chapter 11 Bankruptcy
A.G. Sulzberger / Columbia Journalism Review:
The NYT's publisher discusses the importance of journalistic independence and objectivity, which he says can be achieved only by being prepared to upset people — The debate around “objectivity”—if that's even the right word, anymore—has become among the most contested in journalism.
Discussion:
New York Times, @blakersdozen, @jimrutenberg, @taylorlorenz, @taylorlorenz, @taylorlorenz, @owillis, @kziwica, @nytmike, @froomkin, @nickconfessore, @felixsalmon, @motokorich, @froomkin, @froomkin, @rickberke, @jagora, @brianmrosenthal, @jeffkeay, @jennbinis, @lpolgreen, @froomkin, @alexanderrusso, @rochelleriley, @mckenziecnn, @mollybeck, @benmullin, @mariaramirezny, @jason_kint, @froomkin, @russelllowery10, @froomkin, @nytimespr, @froomkin and The New York Times Company
Discussion:
David Leonhardt / New York Times: The Case for Journalistic Independence
Blake Montgomery / @blakersdozen: I find myself less interested in the question of How To Be An Objective Journalist and more desperate for an answer to How To Make Money Doing Journalism If You Are Not The New York Times https://www.cjr.org/...
@jimrutenberg: More than 125 years ago, his great-great grandfather changed journalism and the world with the “without fear or favor” credo. Now, our publisher A.G. Sulzberger reaffirms and defends it for the modern era in a major new essay for @CJR https://www.cjr.org/...
Taylor Lorenz / @taylorlorenz: Overall this piece is very thoughtful and I agree with a lot of it. It's just like.... please look in the mirror! https://www.cjr.org/...
Taylor Lorenz / @taylorlorenz: Perfect example right here, Sulzberger says “Covid vaccines work” but his very own paper has published extremely dangerous and wrong disinformation on Covid, to the point that the papers own reporters and hundreds of scientific leaders begged them to stop! https://www.politico.com/... [image]
Taylor Lorenz / @taylorlorenz: These piece doesn't address the fundamental issue at play here though, which is that a lot of “old school” reporters use their position of power as journalists to push their own regressive agenda, and yet their “independence” is never called into question https://www.cjr.org/...
Kristine Ziwica / @kziwica: “Independent journalism rests on the bedrock conviction that those seeking to change the world must first understand it — that a fully informed society not only makes better decisions but operates with more trust, more empathy, and greater care.” https://www.cjr.org/...
Michael S. Schmidt / @nytmike: Adolph Ochs laid the foundation for NYT 125 years ago when he said the NYT should “give the news impartially, without fear or favor.” Today, NYT publisher A.G. Sulzberger provides a robust, authoritative explanation of what that means in our modern world https://www.cjr.org/...
@froomkin: NYT held the wiretap story until after Bush was reelected, and only after one author's book was about to come out, which @AGSNYT seems to think was just fine: https://www.cjr.org/... 1/2 [image]
Nick Confessore / @nickconfessore: Like many of my colleagues today, I recommend this @CJR essay by our publisher, AG Sulzberger, on the topic of journalistic independence. It stems from many discussions in and outside the @nytimes about our values & mission, for anyone curious or critical. https://www.cjr.org/...
Felix Salmon / @felixsalmon: AG Sulzberger employs some of the best editors in the world and yet his “journalism must be independent and objective” essay clocks in at 12,500 words, thereby ensuring almost no one is going to read it https://www.cjr.org/...
Motoko Rich / @motokorich: Our boss on independent journalism: “one of the most profound journalistic choices of the era is to either pick a tribe or prepare to upset people. A commitment to independence means the latter is the only defensible option” https://www.cjr.org/...
@froomkin: The theory, from @AGSNYT: “We correct our errors openly because mistakes should be transparent and, honestly, painful.” The practice: https://twitter.com/...
@froomkin: Here is @AGSNYT today: “The reaction to our work now often arrives through attacks... the critics here don't want to set the record straight; they want to cajole, shame, and scare journalists into providing more favorable coverage.” 2/2 https://www.cjr.org/... [image]
Rick Berke / @rickberke: This tour de force by AG Sulzberger @nytimes should be required reading for journalists, and anyone who wants to truly understand the mission of what we do https://www.cjr.org/... via @cjr
Vinay Sarawagi / @jagora: The debate around “objectivity”—if that's even the right word, anymore—has become among the most contested in journalism. An essay, from the publisher of the New York Times, and the chairman of the New York Times company. https://www.cjr.org/...
Brian M. Rosenthal / @brianmrosenthal: Today, NYT Publisher A.G. Sulzberger published an essay about the importance of independent journalism. In it, he cited our coverage of Hasidic schools, which has been criticized by community leaders despite being completely accurate. Here's what he said: https://www.cjr.org/... [image]
Jeff Keay / @jeffkeay: Every person calling themself a journalist should read this. Many people calling themselves journalists need to have this explained to them: https://www.cjr.org/...
Jennifer Binis / @jennbinis: I totally understand the need for these pieces but sweet chickens, the reporting on school closures that miss or ignore the major detail that the issue of school closing wasn't just about risks to children. It was also about asymptomatic spread by children to adults. https://twitter.com/...
Lydia Polgreen / @lpolgreen: “There will be no worthwhile future for journalism if our profession abandons the core value that makes our work essential to democratic society,” writes NYT publisher A.G. Sulzberger in a new essay. “That value is journalistic independence.” https://www.cjr.org/...
@froomkin: Please read my prebuttal to @AGSNYT here: https://www.thenation.com/... https://twitter.com/...
Alexander Russo / @alexanderrusso: “Many liberals overstated Covid's dangers to the non-elderly, especially children. Partly for that reason, Democratic-run communities closed schools for longer... These areas did not have noticeably less Covid, and their children struggled more.” https://www.nytimes.com/...
Rochelle Riley / @rochelleriley: A must-read essay about what is happening with American journalism. Journalism's Essential Value https://www.cjr.org/... via @cjr
David McKenzie / @mckenziecnn: The closing thought of a comprehensive essay from @nytimes publisher. https://www.cjr.org/... [image]
Molly Beck / @mollybeck: “As long as independent journalism has existed, it has angered people who want stories told their way or not at all.” https://www.cjr.org/...
@mariaramirezny: “Independence asks reporters to adopt a posture of searching, rather than knowing. It demands that we reflect the world as it is, not the world as we may wish it to be,” writes @nytimes publisher A.G. Sulzberger @CJR https://www.cjr.org/...
Jason Kint / @jason_kint: Superbly covered. Both the AG Sulzberger essay and the Covid case study at the bottom. Worth the read for sure. ps “Other times, we overcorrect toward ‘false equivalence’ and neglect to explain that one side in a debate isn't telling the truth.” https://www.nytimes.com/...
@froomkin: NYT publisher @AGSNYT creates a veritable army of straw men then mows them down with pious claims that do not apply to the NYT, like: “Independence calls for plainly stating the facts, even if they appear to favor one side of a dispute.” https://www.cjr.org/...
Russell Lowery / @russelllowery10: Important read “American journalism faces a confluence of challenges that present the most profound threat to the free press in more than a century. News organizations are shrinking and dying under sustained financial duress.” H/t @DuaneDichiara https://www.cjr.org/...
@froomkin: The critics I admire agree with these principles completely — but argue that they've been warped by comfortable white men who don't appreciate the stakes. That's what they want “guided by personal perspective.” But @AGSNYT refuses to understand that. 1/2 https://twitter.com/... [image]
@nytimespr: Independence makes journalism essential to democratic society, writes AG Sulzberger, publisher of The New York Times, in @CJR, putting the long-standing commitment to “give the news impartially, without fear or favor” into today's context. https://www.cjr.org/...
@froomkin: Sulzberger: “There are also some moral issues that we, as a society, have rightly come to view as settled and beyond reasonable debate: Racism is wrong. Women deserve equal rights. People shouldn't be tortured.” LGBTQ? https://www.cjr.org/...
Charlie Stadtlander / The New York Times Company: The Importance of Journalistic Independence Today
Jonathan Lai / The Philadelphia Inquirer:
The Philadelphia Inquirer is hit by a cyberattack, affecting weekend operations and causing the largest disruption since 1996; restoration timelines are unclear — The Philadelphia Inquirer and outside cybersecurity experts continued Sunday to scramble to restore systems …
Discussion:
Associated Press, Voice of America, CNN, Raw Story, Engadget, The Guardian, Forbes, @charliemagne, New York Post, Newser, @elaijuh, @farhip and MediaPost
Discussion:
Associated Press: Philadelphia Inquirer hit by cyberattack causing newspaper's largest disruption in decades
Liam Scott / Voice of America: Apparent Cyberattack Disrupts Philadelphia Inquirer Operations Ahead of Mayoral Primary
Sean Lyngaas / CNN: Apparent cyberattack forces Philadelphia Inquirer office to close ahead of mayoral primary
Alex Henderson / Raw Story: Worst cyberattack in decades hit Philadelphia Inquirer ahead of Democratic mayoral primary
Nina Lakhani / The Guardian: Philadelphia Inquirer severely disrupted by cyber-attack
Charlie J. Johnson / @charliemagne: The Inquirer didn't print their Sunday edition and the newsroom won't be available to staff during the mayoral primary on Tuesday https://www.inquirer.com/...
Shannon Thaler / New York Post: Philadelphia Inquirer hit with cyberattack, unable to print Sunday paper
Evann Gastaldo / Newser: Cyberattack Causes Philadelphia Inquirer's Worst Disruption Since '96
Jonathan Lai / @elaijuh: The Inquirer's operations continue to be disrupted after an apparent cyberattack that among other things prevented publication of the regular Sunday paper. It's unclear when systems will be fully restored, and the newsroom won't be open on election night. https://www.inquirer.com/...
Charlotte Tobitt / Press Gazette:
Jimmy Finkelstein launches digital news outlet The Messenger, which reportedly aims to generate $100M in revenue in 2023 and hire around 550 journalists — The Messenger aims to make $100m in revenue next year with up to 550 journalists. — Jimmy Finkelstein's digital news start …
Discussion:
The Messenger, @pkafka, @maxwelltani, @scottnover, @rmac18, @lmoses, @heathat, @pkafka, @_cingraham, @jbenton, @pkafka, @chris_m_gavin, @moorehn, @jayrosen_nyu, @mschlapp, @jayrosen_nyu, @tomaxwell, @pkafka, @jayrosen_nyu, @levinejonathan, @seangriffey, @karlbode, @mikeisaac, @danwakeford and Insider
Discussion:
Dan Wakeford / The Messenger: Welcome To The Messenger — A Facebook icon representing an external link to share the article …
Peter Kafka / @pkafka: Launching a news site is hard but ooof. Welcome to the Messenger, which raised a gazillion dollars: “Our talented journalists are committed to demystifying the onslaught of misinformation and delivering impartial and objective news”. [image]
Scott Nover / @scottnover: I'm begging news organizations to stop doing this https://twitter.com/...
Lucia Moses / @lmoses: In other media news: check out the ad campaign Jimmy Finkelstein's @TheMessenger will use to position itself after its launch next week https://www.businessinsider.com/ ...
Heather Timmons / @heathat: For a news organization that's being watched closely for ideology, a Q is: Was leaving out Republicans in a story on earmarks a deliberate choice? Under Messenger cofounder Finkelstein, the Hill was accused of bias and spreading conspiracies: https://www.nytimes.com/...
Peter Kafka / @pkafka: Btw I'm not saying people won't click on these links. But you don't need to launch a heavily funded site to distribute these links. They're already all over the internet. (Also, this is the least defensible kind of publishing to get into as the ai race to the bottom starts.)
Christopher Ingraham / @_cingraham: Absolutely brain-dead stuff here, gonna be burning through venture capital at historic rates https://twitter.com/...
Joshua Benton / @jbenton: The kinds of bias that @TheMessenger hopes to avoid: “criticizing conservatives.” https://www.businessinsider.com/ ... https://twitter.com/...
Peter Kafka / @pkafka: @MikeIsaac Yes, that is a model. These guys are saying they want to go the yahoo/daily mail route, which - fine. But they are doing so from a standing start - try googling them - in an era where there's going to be massive downward pricing pressure on generalized news sites.
Christopher Gavin / @chris_m_gavin: NEW: @TheMessenger officially launched this morning!! Come check out everything the team has been up to over here, getting the nation's latest news outlet up and running: https://themessenger.com/...
Heidi N. Moore / @moorehn: Oh THESE GUYS. Yes I remember this. I had written off “$50 million in investor money” and “hiring 550 journalists” as a fever dream. https://www.nytimes.com/...
Jay Rosen / @jayrosen_nyu: “Readers demand impartial and objective news, and The Messenger is on a mission to deliver exactly that.” https://themessenger.com/... This is how the new site plans to differentiate itself: it will out-objectivity everyone. It debuted with a poll on the issue. https://themessenger.com/... [image]
Matt Schlapp / @mschlapp: You mean actual balanced news? https://twitter.com/...
Jay Rosen / @jayrosen_nyu: @jbenton @TheMessenger To see what I mean, here's a description Press Gazette used. “... a focus on news, politics and opinion articles, with some entertainment.” https://pressgazette.co.uk/...... That's the opposite of a focus. 2/2
Thomas Maxwell / @tomaxwell: The Messenger, a so-called “unbiased” news site, launched today after raising ~$50 million ~ It's first headlines look like this [image]
Peter Kafka / @pkafka: Again: easy to dunk on a new site and they've hired a *lot* of journalists so I hope they succeed. But this seems built for a different era of the internet. Also for Messenger PR: still happy to have your execs talk me through all of this! Maybe they'll set me straight! https://twitter.com/...
Jay Rosen / @jayrosen_nyu: @jbenton @TheMessenger What it's trying to do is kind of interesting: launch a digital news site with as few ideas as possible. In fact, zero seems to be the target number and, heck, they may get there. It's a kind of discipline: “Nothing that would differentiate us should be used to describe us.” 1/2
Jon Levine / @levinejonathan: The Messenger opening up strong with a Trump interview (no surprise as Jimmy Finkelstein and Trump have been tight for years) [image]
Sean Griffey / @seangriffey: Day one of The Messenger. SEO strategy not quite ready to support $100 million in year one ad revenue. [image]
Karl Bode / @karlbode: U.S. democracy is at a fragile point where it's essential to call out authoritarian intentions candidly while clearly informing readers of the dire stakes. instead we get more illusory objectivity with any unpleasant edges sanded off https://themessenger.com/... [image]
@mikeisaac: @pkafka i still do not get the timing of such a huge raise, aggressive hiring and then launching what seems like a 2010-era site Puck model makes way more sense to me in this particular turbulent moment
Connie Wang / New York Times:
How TV news anchor Connie Chung on CBS and NBC inspired the first names of many girls among Asian families in the 1980s and 1990s, and how some met in person — It was on my first day of college at the University of California, Berkeley, when I started to realize there were more of us out there.
Discussion:
@nytimes: In Opinion “I've come to realize that I'm part of a phenomenon: Generation Connie.” Watch Connie Chung, the first Asian and second woman to be an anchor of a major weekday news program, meet just a few of the women who were named after her. https://www.nytimes.com/... [video]
James Pethokoukis / @jimpethokoukis: The Immigrant Dream is the American Dream | Ms. Han said she named her daughter Connie “because I also wanted her to be famous and outstanding.” https://www.nytimes.com/...
@sturgeons_law: There's something amusing about being named after only moderate prosperity. Feel like many people would go for something more hyperbolic. https://twitter.com/... [image]
Lucas Shaw / Bloomberg:
Antenna: ~25% of US subscribers to Netflix, Disney+, and HBO Max in February 2023 chose ads; ~58% of US subscribers pay for at least one ad-supported service — Good afternoon from New York. We're entering week three of the Hollywood writers strike and there's been no progress.
Discussion:
Forbes, Cord Cutters News, Broadband TV News, @lucas_shaw, @lucas_shaw, @bristoliand, @tiagodf, @rwhelanwsj and @lucas_shaw
Discussion:
Katherine Hamilton / Forbes: Netflix Reportedly Cutting Spending By $300 Million After Delay On Password Sharing Crackdown
Luke Bouma / Cord Cutters News: Tubi Promises a Light Ad Load to Make It Best For Viewers & 50,000 Titles
Chris Dziadul / Broadband TV News: Netflix to cut spending
Lucas Shaw / @lucas_shaw: Disney has dramatically cut losses at its streaming service. That's because it hasn't released a new Marvel series in months. https://www.bloomberg.com/...
Lucas Shaw / @lucas_shaw: Netflix will host its first upfront presentation to advertisers this week. I look at the state of the steaming ad push with help from @AntennaData. https://www.bloomberg.com/...
Bristolian Dave / @bristoliand: The majority of streaming services are trying to cut costs. The platform of streaming isn't as profitable as they thought it would be. The writers strike has come at a real bad time when cost cutting is the word on everyone's lips. https://twitter.com/...
Tiago Dias / @tiagodf: The people who use Netflix's basic tier with advertising are older, poorer and less educated than the average customer for its premium tier, according to Antenna. https://www.bloomberg.com/...
Alex Griffing / Mediaite:
Report: CNN CEO Chris Licht and three executives told Oliver Darcy and his editor that Darcy's Donald Trump town hall critical coverage had been “too emotional” — CNN media reporter Oliver Darcy was reportedly scolded by his boss Chris Licht, the chairman and CEO of the network …
Discussion:
Puck, Columbia Journalism Review, @brianstelter, @dylanbyers, @bgrueskin, New York Post, @sharylattkisson, @mattgreenfield, @giacomonyt, @richard31331936, @jfagone, @matthewjdowd, @reillyadam, @karaswisher, @sarahellison, @brianstelter, @sharonwaxman, The Wrap, @djrothkopf, @buzzedition, @davidshuster, @decodingfoxnews, @gtconway3d, @gtconway3d, @nikkimcr, @alexthomp, @moorehn, @atrachelgilmore, @kt_so_it_goes, @johnstodder, @tripgabriel, @monacharen, @stevekrak, @andrewkerrnc, @parrhizzia, @keitholbermann, @markjacob16, @comfortablysmug, @stevemullis, @son_of_a_thomp, @jamisonfoser, @jackposobiec, @chrisgeidner, @ashtonpittman, @redsteeze, @david_darmofal, @existentialfish, @kateaurthur, @michaeldweiss, @mattgertz, @mattyglesias, @mirandayaver, @meidastouch, @soledadobrien, @mattdpearce, @salcalleros, CNN, Fox News, HuffPost, @jeffjarvis@mastodon.social, @mastodonmigration … and The Guardian
Discussion:
Dylan Byers / Puck: Licht's Dispassion Punch
Jon Allsop / Columbia Journalism Review: Lessons emerge as the dust settles on CNN's Trump town hall
Brian Stelter / @brianstelter: “@OliverDarcy rejected the idea that his coverage of the town hall was emotional, instead insisting that he was accurately reflecting internal sentiment and reporting on external criticism.” More from @Semafor: [image]
Dylan Byers / @dylanbyers: SCOOP @PuckNews: CNN's Chris Licht summoned @OliverDarcy and his editor to a meeting with himself and top executives in which they told him that his coverage of Trump town hall had been too emotional and stressed the importance of remaining dispassionate: https://puck.news/...
Bill Grueskin / @bgrueskin: No one was more openly skeptical of how CNN handled the Trump town hall than the network's own senior media reporter, @oliverdarcy. And according to @DylanByers, his bosses didn't like that. At all. https://puck.news/... https://twitter.com/...
Ariel Zilber / New York Post: CNN's Oliver Darcy ‘does not intend to resign’ after boss Chris Licht ripped Trump coverage
Sharyl Attkisson / @sharylattkisson: But emotional and biased isn't a matter of them failing to realize that...it's by design. Appealing to them and meeting with them only lets them know their strategy is working. https://twitter.com/...
Matthew Greenfield / @mattgreenfield: CNN's team is overwhelmingly unhappy with Licht's attempt to inject the MAGA point of view into CNN coverage. Note: audiences also hate it. It drives away CNN's actual audience while failing to attract MAGA viewers. https://puck.news/...
@richard31331936: First step in autocratic takeover: silence the critics. Second step [Anderson Cooper]: redefine reality. https://twitter.com/...
Jason Fagone / @jfagone: On cable news, journalism is only possible around the edges. Anyone with integrity ultimately leaves or gets forced out https://twitter.com/...
Matthew Dowd / @matthewjdowd: Every day that goes by where CNN anchors, analysts, and paid commentators don't stand with Oliver Darcy shows that they are part of the corrupt organization that isn't interested in truth and democracy as primary imperative of a news organization.
Adam Reilly / @reillyadam: Point worth pondering—@brianstelter argues that, when it comes to covering Trump 2024, the media's choices simply won't matter as much as we like to think https://www.youtube.com/... @gbhnews
Kara Swisher / @karaswisher: FFS, that piece by @oliverdarcy was fair and insightful. His newsletter is excellent. If any one was emotional about this, it was Anderson Cooper. In any case, defensively beating up on his own staff is not what a leader should be spending his time on in the midst of an obvious... https://twitter.com/...
Sarah Ellison / @sarahellison: Seems like the most important thing for the integrity of a newsroom is to not censor your own reporters https://twitter.com/...
Sharon Waxman / @sharonwaxman: Seriously - a ridiculous butpredictable move. @oliverdarcy watch your back - we need you in this job. But you are not “emotional,” you're speaking truth and reporting facts. Chris - read the damn room. https://twitter.com/...
Rosemary Rossi / The Wrap: CNN CEO Chris Licht Reprimanded Reporter Oliver Darcy for His ‘Emotional’ Coverage of Trump Town Hall
David Rothkopf / @djrothkopf: Licht has got to go. Or every self-respecting journalist working at CNN does. https://twitter.com/...
Susan Cooper / @buzzedition: Dear @oliverdarcy, We approve of your coverage of the CNN produced trump rally, and we would be happy if you left @CNN and got a job at @MSNBC or @NBCNews or just anywhere that doesn't have an idiot named Chris Licht as the CEO. https://twitter.com/...
David Shuster / @davidshuster: Hey @oliverdarcy, hang in there. Your Integrity matters...no matter how much a boss tries to squeeze it out of you. CNN's Oliver Darcy Reportedly Scolded By Boss Chris Licht Over ‘Emotional’ Trump Town Hall Coverage: ‘They Put the Fear of God Into Him’ https://mediaite.com/a/upqwe
@decodingfoxnews: From the same man who thinks it's a journalist's job to “make news.” https://twitter.com/...
George Conway / @gtconway3d: Is it bad to criticize your media critic for being criticizing the media? Because it seems bad. https://twitter.com/...
George Conway / @gtconway3d: “The sense of profound embarrassment over [how] the network appeared to subjugate itself to a pathological liar and voter fraud conspiracist whose attacks against CNN once inspired supporters to send bomb threats and death threats to CNN staff, is 𝙥𝙖𝙡𝙥𝙖𝙗𝙡𝙚.” https://twitter.com/...
Nikki Mccann Ramírez / @nikkimcr: Nothing says “dispassionate” like holding an editorial damage control meeting the morning after and hauling in your premier reporters for a talking-to when they don't regurgitate your spin. https://twitter.com/...
Alex Thompson / @alexthomp: “The vast majority of CNN insiders I spoke to admired [Oliver] Darcy's courage for channeling their sentiments. His bosses did not.” Via @DylanByers and @PuckNews https://puck.news/...
Heidi N. Moore / @moorehn: A thing to note here is that Licht is hellbent on making Collins a star at the network, and his dressing-down of Darcy was in service of protecting Collins (despite the fact that she was waaay out of her depth) so it's a sign of who Licht's pets will be. https://puck.news/...
Rachel Gilmore / @atrachelgilmore: So sick of some in media upper management who are more concerned about the *perception* of bias than actual bias. We shouldn't have to manufacture balance or sanitize something that is clearly wrong to avoid “looking too passionate.” We don't need to appease, we need to report. https://twitter.com/...
@kt_so_it_goes: oh look the guy who ran out and orgasmically exclaimed WE MADE NEWS has thoughts on professional emotion https://twitter.com/...
John Stodder Jr / @johnstodder: The ambushing of Oliver Darcy is more evidence the Trump town hall was part of a rebranding of CNN as a right wing, anti-Biden network. Licht is consciously doing Trump fanatic John Malone's dirty work. Anderson Cooper might not realize it, but he's a dead anchor walking. https://twitter.com/...
Trip Gabriel / @tripgabriel: Darcy's newsletter was an honest report on the reax to the CNN faceplant. It was the essence of unafraid journalism. A top CNN personality forwarded it to me to defend the network's journalism bonafides. If Licht prefers a whitewash he aligns himself with the worst media bosses https://twitter.com/...
Mona Charen / @monacharen: Brave and honest from Oliver Darcy. Calling out his employer for a terrible decision to do townhall format with Trump. Bravo. https://view.newsletters.cnn.com/ ...
Steve Krakauer / @stevekrak: It's good to see it in writing, because the public should know the anti-speech activists are coming from inside the building. “🙈🙉” is not a journalistic tenet - it's precisely the opposite instinct of how your role is supposed to work. https://twitter.com/...
Andrew Kerr / @andrewkerrnc: This is a farce. Oliver Darcy can't ethically cover his own employer. It's an unassailable conflict of interest. https://twitter.com/...
@parrhizzia: @mediagazer @AlexGriffing Too emotional? Wow - that's usually reserved only for women. Just imagine if Licht DEFENDED his FEMALE host when the “unemotional” Trump attacked her?
@keitholbermann: Former CNN staffer @sunny Hostin accurately accuses @cnn of journalistic malpractice, and her friend @andersoncooper of gaslighting her - and all of us. Well done. https://twitter.com/...
Mark Jacob / @markjacob16: CNN's Chris Licht wants his staff to be unemotional about the network platforming Trump's lies. After all, Trump is just A WOULD-BE DICTATOR TRYING TO KILL DEMOCRACY. Oh, sorry, Chris. I didn't mean to get emotional about whether fascists steal my children's freedom. No worries. https://twitter.com/...
@comfortablysmug: Very interesting information about @oliverdarcy unearthed by a Washington Post reporter https://twitter.com/... https://twitter.com/...
Steve Mullis / @stevemullis: What a terrible person to be in charge of a news org. @oliverdarcy's fair and critical media coverage of his employer is EXACTLY what he should be doing on his beat and it actually lent some legitimacy to CNN during this whole debacle. https://twitter.com/...
Mark Thompson / @son_of_a_thomp: Seems fair. Like no one is stacking the deck. Great job Chris. https://twitter.com/...
Jamison Foser / @jamisonfoser: It is perplexing that I have not yet seen a single reporter who covers the news media follow up on the Puck News report that CNN/Trump rally attendees were instructed they could applaud but not boo. CNN should be asked about this! https://twitter.com/...
Chris Geidner / @chrisgeidner: Calling your media reporter to the top boss's office the second he reports on something where you don't like the tone of his coverage is about as bad of a sign for a news operation as I can imagine. https://twitter.com/...
Ashton Pittman / @ashtonpittman: Trash. https://twitter.com/...
Stephen L. Miller / @redsteeze: Outstanding. https://twitter.com/...
David Darmofal / @david_darmofal: This appears to answer my question about @oliverdarcy's silence on Twitter today. Apparently Chris Licht loves Trump so much because Licht's an authoritarian too. https://twitter.com/...
John Whitehouse / @existentialfish: putting aside darcy, if licht sees a dispassionate approach as virtuous to journalism as this piece describes, it's wild to make a point to put trump's passionate supporters on cnn's air where they can cheer him https://twitter.com/...
Kate Aurthur / @kateaurthur: JFC. Oliver (whom I've never met!) has just covered it like a journalist. Ridiculous. https://twitter.com/...
Michael Weiss / @michaeldweiss: I read the coverage. It conveyed—accurately—how others within and without the network viewed this disaster. Attacking your own media reporter for faithfully depicting your own fuck-up is usually a sign of corporate insecurity. https://twitter.com/...
Matthew Gertz / @mattgertz: Chris Licht wants to stay in his silo and only listen to people he agrees with. https://twitter.com/...
Matthew Yglesias / @mattyglesias: Gotta get out of the silo, Licht https://twitter.com/...
Miranda Yaver, PhD / @mirandayaver: Anyone with a spine should be emotional in defending American democracy. Anyone with a spine should be emotional in defending survivors of sexual abuse against public mockery and defamation. Being dispassionate on these issues doesn't make one a good human or a good journalist. https://twitter.com/...
@meidastouch: Yikes! No room for dissenting opinions at the new CNN! This will make what you hear from their top talent less trustworthy, as it is now confirmed they will be forced to toe the company line at all times. https://twitter.com/...
Soledad O'Brien / @soledadobrien: Also not surprised about this: https://twitter.com/...
Sal Calleros / @salcalleros: Need one more reason to hate this guy? Zaslav last week defended the company's decision to host a town hall with Trump, saying “we need to hear both voices,” and noting the company's investors are looking forward to a “great political season coming.” https://thehill.com/...
Joseph Wulfsohn / Fox News: Reporter ‘visibly shaken’ after CNN boss scolds him for being ‘too emotional’ in Trump town hall coverage
Jeff Jarvis / @jeffjarvis@mastodon.social: I repeat: Chris Licht is vying to be the second most dangerous influence from media on democracy under Rupert Murdoch. CNN is borked. — https://puck.news/...
Rory Carroll / The Guardian:
The Irish Times apologizes after running an opinion piece on May 11 about women's use of fake tan that was submitted by a hoaxer who created the article with AI — The piece ran on 11 May and accused people who use fake tan of mocking those with naturally dark skin
Discussion:
Insider, The Irish Times, @philipoconnor, Gizmodo, @fromarsetoelbow, @mediocredave, @groomb, @atticumfloreat, @conor64, @caoimhinof, @egavactip, @henkvaness, The Daily Beast and The Independent
Discussion:
Pete Syme / Insider: An Irish newspaper published a hoax article calling false tan ‘problematic’ generated using ChatGPT by a fake journalist with a profile picture made on DALL-E
The Irish Times: A message from the Editor — IT Sunday: Last Thursday we fell victim to a deliberate deception.
Philip O'Connor / @philipoconnor: I've read this again and it really doesn't address the central issue - journalism is a process of verification, so why, at the very least, did the @IrishTimes not verify the identity of a first-time contributor before publishing? https://www.irishtimes.com/...
David Timoney / @fromarsetoelbow: I'm guessing we're not going to see a repeat of the response to the Sokal Affair, or the more recent Grievance Studies Affair, in which the press bemoan fashionable nonsense and the lack of intellectual rigour among ... the press. https://twitter.com/...
Dave / @mediocredave: There's a lot in here about the need for news outlets to adapt to the new challenges presented by AI but all this really exposes is the very old challenge of not being a credulous hack willing to publish any inflammatory dreck that lands in your inbox for the sake of a few clicks https://twitter.com/...
Brian Groom / @groomb: Sadly this will discourage newspapers from taking articles by new, unknown contributors. https://www.theguardian.com/ ...
@atticumfloreat: The fake article that duped the Irish Times isn't remotely unbelievable. I could read that in the Guardian, the Indy, the NYT, VOX, BuzzFeed, Huff etc. without blinking an eyelid. https://www.theguardian.com/ ...
Conor Friedersdorf / @conor64: I would urge publications to be forgiving of themselves for unwittingly publishing articles mostly written by an AI but unforgiving of themselves for publishing incendiary nonsense whether written by AI or humans. https://www.theguardian.com/ ...
Kevin / @caoimhinof: Looks like the Irish Times “fake tan is racist” opinion piece written by AI is finally making its way across the Irish Sea. If you haven't read about it, it's a pretty mad turn of events. https://www.theguardian.com/ ...
Mark Pitcavage / @egavactip: Even if the article had been real, its egregious content was such that it shouldn't have been published. “Irish Times apologises for hoax AI article about women's use of fake tan” https://www.theguardian.com/ ...
Jared Newman / Fast Company:
Pluto TV co-founder Ilya Pozin's Telly opens a waitlist to give away 500K 55-inch 4K HDR TVs, which have a second screen for constantly showing ads, in 2023 — Would you take a free TV if it constantly ran banner ads beneath everything you watched? — That's the proposition for Telly …
Discussion:
Telly, Axios, Insider, CNET, The Verge, Ars Technica, @jamestitcomb, 9to5Google, @parismarx, @thetomzone, The Hill, @karlbode, Next TV, @nicholasadeleon, TechCrunch, Engadget, Gizmodo, The Streamable, Deadline, @lmoses, Variety, @alexweprin, Ad Age, @tomwarren, AppleInsider, @richlightshed, AdExchanger, The Hollywood Reporter, Beet.TV and Boing Boing, more at Techmeme »
Discussion:
Sarah Jackson / Insider: A startup is giving away 500,000 TVs — with one catch: There's a second screen for ads. Here's how to get one.
Emma Roth / The Verge: This free TV comes with two screens
Scharon Harding / Ars Technica: Double-screen ‘free’ TV will show you ads, even when not in use
James Titcomb / @jamestitcomb: Start-up idea: A TV unit that hides the second screen https://twitter.com/...
Ben Schoon / 9to5Google: ‘Telly’ is a free dual-screen TV powered by ads, includes free Android TV dongle
Paris Marx / @parismarx: Yet another example of capitalist pressure making everything worse. A new company called Telly wants to give away a bunch of free TVs: the catch is that they all have a second screen to show you constant ads you can't turn off—and push live sport betting. https://variety.com/...
Karl Bode / @karlbode: I've been begging for years for a dumb TV with basic, numerous HDMI inputs and no smart internals. I'd even pay extra. The TV industry's response: A TV with a little second TV that just bombards you with ads, constantly https://variety.com/...
Nicholas De Leon / @nicholasadeleon: Anyone remember using the old NetZero ISP from the late 90s, early 2000s? It was free in exchange with placing a permanent banner ad at the bottom of your screen. We used it when I was a kid. https://www.fastcompany.com/ ...
Lauren Forristal / TechCrunch: Hardware startup Telly launches a free smart TV entirely supported by ads
Matt Tamanini / The Streamable: Telly Opens Registration for Dual-Screen Smart TV Completely Free for Customers; Founded by Pluto TV Founder
Dade Hayes / Deadline: Telly, A Start-Up Led By Pluto TV's Co-Founder, Offers Dual-Screen Smart TVs For Free
Lucia Moses / @lmoses: This @RichLightShed and @garyvee -backed startup is giving away free 55" TVs (The catch: you have to put up with ads on the home screen). We got ahold of the 18-page investor deck: https://www.businessinsider.com/ ...
Todd Spangler / Variety: Startup Telly Plans to Give Away 500,000 Free 4K TVs This Year. The Catch? The Sets Have a Second Screen That Constantly Shows You Ads
Alex Weprin / @alexweprin: Would you be willing to give up your personal data in exchange for a free 55' 4K HDR TV with a built-in sound bar? https://www.hollywoodreporter.com/ ...
Parker Herren / Ad Age: Ad-funded connected TV device debuts with backing from Gary Vaynerchuk and Mntn
Tom Warren / @tomwarren: This TV is completely free. It's free because it has a second smaller display below the main one that constantly shows ads https://www.theverge.com/...
@richlightshed: “While everyone talks about Smart TVs, the reality is that TVs have not changed dramatically over the past couple of decades and the dream of truly interactive TV has never materialized” Say hello to Telly https://www.freetelly.com/ https://www.prnewswire.com/...
Alex Weprin / The Hollywood Reporter: A Startup From the Co-Founder of Pluto TV Thinks America Is Ready for Free TVs
Robert Williams / Beet.TV: First Free, Ad-Supported Television Set Readies for Primetime
Sara Fischer / Axios:
Sources: non-US investors may substantially pay for Forbes' takeover; Austin Russell committed $100M-$200M and is in talks to have Sun Group invest $200M-$300M — Forbes agreed to sell itself in a deal that makes it look like the iconic magazine brand is staying in American hands.
Discussion:
@sarafischer, @charlesarthur, Press Gazette, TechCrunch, @tomaxwell, @aexm, @sarafischer, @rafat, @rafat, @rafat and Talking Biz News
Discussion:
Sara Fischer / @sarafischer: 🚨Forbes says it's been mostly acquired by Luminar's Austin Russell BUT what Russell & Forbes cannot confirm is who is backing bid (82% @ $800M valuation) - Sources say likely others involved - This makes it look more American owned that it really is https://www.axios.com/...
Charles Arthur / @charlesarthur: There was a time when the youngest self-made billionaire was Elizabeth Holmes. Then it was Sam Bankman-Fried. Anyway, better luck to this guy I guess. https://twitter.com/...
Charlotte Tobitt / Press Gazette: Forbes acquired by former cover star and youngest self-made billionaire Austin Russell
Alex Wilhelm / TechCrunch: Vice files for bankruptcy, Foxconn's investment in India and two fascinating startup rounds
Thomas Maxwell / @tomaxwell: Luminar is worth only $2 billion but CEO Austin Russell has spend $100 million on two homes and now $600 million on Forbes? Where is the money coming from https://finance.yahoo.com/...
Ana Milicevic / @aexm: It's almost like someone picked up a copy of ‘Money Laundering for Dummies’ and then didn't read past Chapter 2 ¯\_(ツ)_/¯ https://twitter.com/...
Sara Fischer / @sarafischer: Scoop: Forbes takeover bid gives foreign funding cover —Forbes said quietly yest it sold 82% stake to a 28yo tech entrepreneur —But 2 sources familiar w deal tell me the takeover likely to be substantially paid for by foreign investors Story on @axios https://www.axios.com/...
@rafat: Good reporting here from @sarafischer, it isn't his money, or most of it isn't, mostly coz he doesn't have it. https://twitter.com/...
@rafat: How did on-paper billionaire finance this deal when he didn't finance it from stake in his company Luminar? He has sold *only* 230mn of shares since it went public, if I am reading correctly. And his shares are worth fraction of what they used to. Something is majorly off here... https://twitter.com/...
@rafat: Didn't see this plot twist coming. After failing to sell it to as a vanity play for non-Western billionaires, Forbes is sold as a vanity play for a 27 year old, on-paper self-driving car billionaire (reporters, there is a lot more to dig here), paying $650mn for a majority stake. https://twitter.com/...
RELATED:
Sara Fischer / Axios:
EV company Luminar's CEO Austin Russell acquires an 82% stake in Forbes, a source says at an ~$800M valuation; sources: Sun Group, GSV, and others back the bid
EV company Luminar's CEO Austin Russell acquires an 82% stake in Forbes, a source says at an ~$800M valuation; sources: Sun Group, GSV, and others back the bid
Discussion:
Mason Bissada / The Wrap: Who's Really Buying Forbes? $800 Million Deal Backed by Sun Group, GSV (Report)
Avary / @heyyavaryy: 1/ Youngest Self-Billionaire Austin Russell Forbes Global Media Holdings has undergone significant changes recently Austin Russell founder of Luminar Technologies, Has acquired the majority stake in Forbes, valuing the company at a staggering $800 million
Sara Fischer / @sarafischer: 🚨 Confirmed. This deal is made to look like it's Austin Russell buying 82% of this asset but it's not. The bid is being financially supported by Sun Group, GSV, and others. Russell's bid a cover to make it look like the deal being vastly acquired by American money https://twitter.com/...
Andrew Brackin / @brackin: Thiel Fellow acquires Forbes 🐐👏 https://www.axios.com/...
Bill Bishop / @niubi: Forbes has been a dumpster fire for decades. No surprise this is the next chapter for it https://twitter.com/...
Ryan Mac / @rmac18: $800m is a pretty insane valuation given the other media news of the last few weeks? https://www.wsj.com/...
Aram Zucker-Scharff / @chronotope: Tremendously overvalued. I'm not sure what a majority stake constitutes but one could almost certainly start up a new publication with a better reputation at zero for whatever he paid. https://twitter.com/...
Jay Yarow / @jyarow: I guess nobody told him digital media is a dying (dead?) business. https://twitter.com/...
Maya Zehavi / @mayazi: That's a steep valuation in a word where everyone announced the death of media for anything but trophy properties https://www.wsj.com/...
Ken Yeung / @thekenyeung: Is Austin Russell : Forbes as Marc Benioff : TIME? https://www.wsj.com/...
Ernie Smith / @ernie@writing.exchange: A 28-year-old man figures out a way to stop the 30 under 30 list once and for all. https://www.wsj.com/... ht @Mediagazer
Christopher Palmeri / Fortune: Forbes magazine's new majority owner is a 28-year-old billionaire who made his money in self-driving car tech
Bruce Haring / Deadline: ‘Succession’ Plot Comes Alive, As Forbes Majority Stake Acquired By Young Technology CEO
Ross A. Lincoln / The Wrap: Forbes Majority Stake Sold to Billionaire Austin Russell, Company Valued at $800 Million
Kelly McBride / Poynter:
Q&A with The Washington Post's Robert Samuels and Toluse Olorunnipa, whose His Name Is George Floyd won the 2023 Pulitzer Prize for general non-fiction book — Robert Samuels and Toluse Olorunnipa discuss writing the richly detailed book about George Floyd's life that won the Pulitzer Prize
Discussion:
@poynter: .@newsbysamuels and @ToluseO won the Pulitzer Prize this week for their richly detailed book about George Floyd's life. “To demystify systemic racism is so much bigger than winning a Pulitzer Prize,” @newsbysamuels said. https://www.poynter.org/...
@kellymcb: The journalists who wrote the Pulitzer-Prize winning book, His Name Is George Floyd, are 37- and 38-years old. So much advice and insight here about how to do great work. https://www.poynter.org/...
Malcolm Harris / Wired:
A profile of Douglas Rushkoff, an internet theorist and a former techno-optimist who says his life's work is examining how power travels across media landscapes — The former techno-optimist has taken a decisive political left turn. He says it's the only human option.
Discussion:
Britney Nguyen / Insider: The tech boom created billionaires and ‘a whole lot of really poor, unhappy people,’ says prolific author Douglas Rushkoff
Jason Diamond / @imjasondiamond: “This is his legacy: an inveterate cyberpunk, offering Gen Z under-supervised access to a room full of communications tools.” - I've been reading Douglas Rushkoff for over 20 years and this is my favorite thing I've read on him. https://www.wired.com/...
@ieet: Doug Rushkoff: Buy local, do mutual aid and cooperatives. Break up anticompetitive behemoths, eco-regulate to limit waste, and expand organized labor for gig workers. Tax capital gains. https://www.wired.com/...
David Salazar / Fast Company:
Hybe, the South Korean music company behind BTS, uses voice AI to launch its latest artist Midnatt in six languages simultaneously — When Hybe, the entertainment juggernaut behind the K-pop group BTS, announces a new artist, the music world takes note. Hybe, after all, doesn't just …
Discussion:
Murray Stassen / Music Business Worldwide: HYBE just released a K-pop track sung in six different languages using AI voice technology
Liz / @lizzyfaith: Linguistics isn't my area of expertise, but as someone who speaks in two languages, I just feel like you lose so much nuance and emotion when you reduce music in another language to a selling point, rather than like... a whole new work embodied through another voice and culture https://twitter.com/...
Stuart Dredge / Music Ally: HYBE's virtual artist Midnatt releases debut in six languages
Lillian Rizzo / CNBC:
Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” — - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
Discussion:
Semafor, @lindayacc, Adweek, New York Post, Vanity Fair, Insider Intelligence, @lindayacc, The Wrap, Insider, The Guardian, AdExchanger, @ichotiner, The Register, @maxwelltani, @jbenton, AppleInsider, CBS News, Fortune, New York Times, The Hill, Deadline, @elonmusk, The Week, Digital Journal, Bloomberg, @stevedeaceshow, @goldman, KOIN-TV, @stillgray, KDFX-TV, Wired, Associated Press, Variety, @drloupis, @stevedeaceshow, @caulfieldtim, @thevivafrei, @brendonleslie, @brittanyventi, @legendaryenergy, @sapna, @fortunemagazine, @edmundlee, @dankennedy_nu, WWD, TechCrunch, @elonmusk, Washington Post, The Philadelphia Inquirer and Variety
Discussion:
Linda Yaccarino / @lindayacc: Thank you @elonmusk! I've long been inspired by your vision to create a brighter future. I'm excited to help bring this vision to Twitter and transform this business together! https://twitter.com/...
Trishla Ostwal / Adweek: What Marketers Expect From Elon Musk's ‘Best Hope’ Linda Yaccarino at Twitter
Ariel Zilber / New York Post: Linda Yaccarino landed Twitter CEO job after ‘pushing’ Elon Musk: ‘There was chemistry there’
Caleb Ecarma / Vanity Fair: New Twitter CEO Linda Yaccarino Warned Advertisers Off Social Media Pretty Darn Recently
Daniel Konstantinovic / Insider Intelligence: A new leader for Twitter: Can Yaccarino restore advertiser confidence?
Linda Yaccarino / @lindayacc: I see I have some new followers👀...👋 I'm not as prolific as @elonmusk (yet!), but I'm just as committed to the future of this platform. Your feedback is VITAL to that future. I'm here for all of it. Let's keep the conversation going and build Twitter 2.0 together!
Lucas Manfredi / The Wrap: NBCU Streaming Chief Addresses Linda Yaccarino Exit During Upfront: ‘We Want to Thank Her and Wish Her Well’
Sawdah Bhaimiya / Insider: Twitter's new CEO Linda Yaccarino held intense SoulCycle sessions with her favorite employees in a former role, new report says
Mark Sweney / The Guardian: ‘The Velvet Hammer’: who is Twitter's new CEO and can she fix its problems?
AdExchanger: Twitter Has A New CEO - And It's NBCU's Linda Yaccarino (!); Netflix Nixes Its In-Person Upfront
Isaac Chotiner / @ichotiner: NYT front page story today just declares about new chief exec, “And she and Mr. Musk appear aligned on political issues — such as a more permissive approach toward speech on Twitter — that are central to his vision for the platform...” https://www.nytimes.com/... https://twitter.com/...
Richard Currie / The Register: Elon Musk finally finds ‘someone foolish enough to take the job’ of Twitter CEO
Max Tani / @maxwelltani: New in tonight's @semafor media newsletter: Linda Yaccarino spent years telling advertisers how advertising with NBC was a safer and smarter option than spending with the tech platforms. Now she has to convince those same advertisers to do the opposite. https://www.semafor.com/...
Joshua Benton / @jbenton: NYT says Linda Yaccarino started pitching herself as Twitter CEO in February: https://www.nytimes.com/... That was two months before she “interviewed” Musk on stage at a big conference, “playing the role of a hard-hitting journalist.” https://www.semafor.com/... https://twitter.com/...
C Mandler / CBS News: Twitter's new CEO, Linda Yaccarino, makes first public comments following announcement of role
Steve Mollman / Fortune: Incoming Twitter CEO Linda Yaccarino thanks Elon Musk and calls for user feedback: ‘I see I have some new followers’
Julia Shapero / The Hill: Linda Yaccarino thanks Musk for opportunity, shares excitement to ‘build Twitter 2.0’
Armando Tinoco / Deadline: Linda Yaccarino Shares First Tweet Since Becoming Twitter's New CEO As Elon Musk Addresses “Concerns” About New Hire
Elon Musk / @elonmusk: Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops. https://twitter.com/...
Steve Deace / @stevedeaceshow: So basically Elon is hoping she can bring back skittish advertisers while he's still ombudsman essentially. I hope it works, but remember why advertisers were skittish. Most of them are WEF simps, who either hate free speech or are afraid of it. There is no way that tension of... https://twitter.com/...
Jason Goldman / @goldman: I mean https://twitter.com/... https://twitter.com/...
Ian Miles Cheong / @stillgray: Elon Musk has just announced the appointment of Linda Yaccarino to lead Twitter as the CEO to handle the company's business operations, dealings with regulators, and advertising. What this means is that Elon Musk will now have ample time to deal with the actual product, the... https://twitter.com/... https://twitter.com/...
Chris Isidore / KDFX-TV: Elon Musk names NBCU ad chief Linda Yaccarino as Twitter CEO
Paresh Dave / Wired: TWITTER'S NEW CEO LINDA YACCARINO HAS A FEARSOME TO-DO LIST
David Hamilton / Associated Press: Before Musk picked Yaccarino as Twitter CEO, she challenged him on policies, and his own tweets
Todd Spangler / Variety: When Elon Met Linda: NBCU's Yaccarino Pressed Musk About Twitter's Advertising and Hate-Speech Policies a Month Before He Hired Her as Twitter CEO
Dr. Anastasia Maria Loupis / @drloupis: Likely New Twitter CEO Linda Yaccarino is a WEF Executive Chair That Suggested Elon Musk Limit His Tweets. https://reclaimthenet.org/...
Steve Deace / @stevedeaceshow: The more we learn about this woman, at this point the best you could say is it appears Elon has found a Fauci Tom platform to try and appeal to a segment of the marketplace that won't entertain anything he says, in some attempt to appear balanced. We know how that decision turned... https://twitter.com/...
Timothy Caulfield / @caulfieldtim: Please, please, please let this be a move in a positive direction. The information ecosystem needs some stability... “Who is #LindaYaccarino, Elon Musk's pick for Twitter CEO?” https://www.washingtonpost.com/ ...
Viva Frei / @thevivafrei: The dunks on this decision are obvious and easy to make. The arguments for this decision are equally obvious and easy to make. If @lindayacc continues to remain under the influence of / actively associated with the interests of the @WEF, this does not end well for @elonmusk's... https://twitter.com/...
Brendon Leslie / @brendonleslie: Everyone needs to relax, it's still possible for people to be unbiased in their jobs - no way @elonmusk throws away $44 Billion and all his hard work to this point for a woke CEO https://twitter.com/...
@legendaryenergy: No one is going to trust Twitter to be an “everything app” now. https://twitter.com/...
Sapna Maheshwari / @sapna: let us tell you more about Twitter's new CEO, Linda Yaccarino — whose new gig (and announcement timing) has a lot of people in the media world saying “holy sh!t” https://www.nytimes.com/... w @tiffkhsu @BenMullin @RMac18
@fortunemagazine: Whoever Elon Musk's Twitter replacement is, experts tell Fortune she'll have her work cut out with him hovering from the sidelines. https://fortune.com/...
Edmund Lee / @edmundlee: The Elon faithful losing it over the appointment of longtime ad exec @lindayacc as new Twitter ceo https://twitter.com/...
@dankennedy_nu: I'm choosing to be optimistic about Musk's reported choice of Linda Yaccarino as the new CEO of Twitter. He may realize he's done enormous damage to his other companies and that he's ready to fade into the background. We'll find out soon enough. https://www.theverge.com/...
Adriana Lee / WWD: Why Twitter's New CEO Matters
Amanda Silberling / TechCrunch: Elon Musk appoints new Twitter CEO, NBCU's Linda Yaccarino
Elon Musk / @elonmusk: I am excited to welcome Linda Yaccarino as the new CEO of Twitter! @LindaYacc will focus primarily on business operations, while I focus on product design & new technology. Looking forward to working with Linda to transform this platform into X, the everything app. https://twitter.com/...
Washington Post: A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets
Rob Tornoe / The Philadelphia Inquirer: Who is Linda Yaccarino? New Twitter CEO is a Penn State grad who just left her NBC job.
RELATED:
Lucas Manfredi / The Wrap:
Linda Yaccarino is stepping down as NBCUniversal's chairman of global advertising and partnerships, set to be replaced in the interim by Mark Marshall
Linda Yaccarino is stepping down as NBCUniversal's chairman of global advertising and partnerships, set to be replaced in the interim by Mark Marshall
Discussion:
Deadline, CBS News, Reuters, @pkafka, @kerrymflynn, @sherman4949, @jeffreyatucker, @jbflint, @thewrap, NBCUNIVERSAL MEDIA, @thephilosotroll, Axios, Variety and Reuters
Discussion:
Dade Hayes / Deadline: Linda Yaccarino's 11th-Hour Jump To Twitter Gets Shoutouts From NBCUniversal Execs Mark Lazarus And Mark Marshall At Upfront - Update
Mike Vaccaro / Reuters: New Twitter CEO Linda Yaccarino says she is excited to help to transform Twitter
Peter Kafka / @pkafka: This one is signature Elon: Either he knew that pre-announcing his CEO hire would force her out of her current job - days before her biggest presentation of the year .... or that he *didn't* realize that would happen. Damning either way. https://twitter.com/...
Kerry Flynn / @kerrymflynn: Dying for a 10,000-word tick-tock story of how Linda Yaccarino landed the Twitter CEO gig Did the possibility come up behind-the-scenes at POSSIBLE, the marketing conference, in Miami last month? Or... prior? https://www.axios.com/...
Alex Sherman / @sherman4949: @pkafka She doesn't **have** to leave immediately. She could stay for upfronts if the company wanted her to.
Jeffrey A Tucker / @jeffreyatucker: This is not good. Bad vibes here. https://www.wsj.com/...
Joe Flint / @jbflint: Next stop Twitter? NBCU says: “Linda Yaccarino to Leave NBCUniversal, Mark Marshall Named Interim Chairman, Global Advertising and Partnerships, Reporting to Mark Lazarus”
@thewrap: “It has been an absolute honor to be part of Comcast NBCUniversal and lead the most incredible team,” she said in a statement. “We've transformed our company and the entire industry—and I am so proud of what we've accomplished together” https://www.thewrap.com/...
Jen Friedman / NBCUNIVERSAL MEDIA: Linda Yaccarino to Leave NBCUniversal, Mark Marshall Named Interim Chairman, Global Advertising and Partnerships, Reporting to Mark Lazarus
@thephilosotroll: This would be both a significant improvement over Musk's current management and still a total disaster. https://twitter.com/...
Michael Flaherty / Axios: NBCUniversal says Yaccarino to depart amid reports of Twitter CEO role