Top News:
Matthew Keys / Fierce Video:
CEO Lachlan Murdoch says Fox Corp still thinks cable and satellite TV offer the best consumer value and reach for its news and premium sports programs — Fox Tubi TV linear television sports — Fox Corporation CEO Lachlan Murdoch said the media company still believes traditional cable …
Discussion:
@jbflint, NBCSports.com, @fifilamoura@eldritch.cafe and The Streamable
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Ted Johnson / Deadline:
Lachlan Murdoch says Fox settled with Dominion to avoid a distracting, long legal battle, which he says Fox would have won, and defends dropping Tucker Carlson — Fox Corporation CEO Lachlan Murdoch compared CNN's town hall last week with Donald Trump to Fox News' post-2020 election coverage …
Discussion:
Observer, The Wrap, The Desk, Mediaite, Media Matters for America, @thedeskdotnet, The Hollywood Reporter, The Hill, Variety and Raw Story
Charlotte Klein / Vanity Fair:
The NYT launches New York Times Audio on iOS after ~1.5 years in private beta, with short-form stories, a daily news show called The Headlines, and more — While the rest of the audio industry craters, the Gray Lady debuts a one-stop app for subscribers, with new short-form stories and an even shorter daily morning podcast.
Discussion:
The New York Times Company, Nieman Lab, Adweek, Engadget, TechCrunch, @nytimespr, App Store, @pkafka, @sarthakgh, @vanityfair and @abebrown716
Bron Maher / Press Gazette:
BBC News announces BBC Verify to “pull back the curtain” and offer “radical transparency” on its journalists' work, with a team of 60 from OSINT and elsewhere — BBC News chief executive Deborah Turness said BBC Verify would “pull back the curtain”.
Discussion:
BBC, @j_a_horton, @pressgazette, @marcusryder and @alistaircoleman
Michael M. Grynbaum / New York Times:
CNN selects Kaitlan Collins, who hosted the Trump town hall, to host a new weeknight show at 9pm ET, elevating her to one of the most coveted time slots — The appointment caps a fast rise at the network by Ms. Collins, 31, who previously covered the Trump and Biden administrations.
Discussion:
Raw Story, @olivianuzzi, @foxreports, The Wrap, Adweek, Deadline, Los Angeles Times, @sarafischer, @stevekrak, @nytimesbusiness, @felixsalmon, @davidaxelrod, @bobbybigwheel, @grynbaum, @jeremymbarr, @gregpinelo, @tanzinavega, TVLine, @russbengtson, @brianstelter, @benmullin, @owillis, @djrothkopf, The Daily Beast and Politico
Jo Yurcaba / NBC News:
Penguin Random House, PEN America, and others sue a Florida school district for removing 10 books related to race and LGBTQ topics after a teacher complained — The publishing house, five of its authors, parents and an advocacy group allege that removing the books discussing race and LGBTQ people violates the First Amendment.
Wall Street Journal:
Antenna: Netflix's $6.99 ad tier had 937,616 US subscribers in March, out of ~55M total, and Disney+'s ad tier, launched a few weeks after Netflix, had 863,791 — Streaming leader had fewer than one million U.S. subscribers on its ad-supported plan as of March
Discussion:
Variety, The Streamable, @jbflint, @rwhelanwsj, @bysarahkrouse, MediaPost, Yahoo Finance and Insider
CNBC:
Comcast CEO Brian Roberts says Disney is more likely to buy Comcast's 33% stake in Hulu than sell its 66% stake — - Disney is more likely to buy Comcast's 33% stake in Hulu than sell its 66% stake, Comcast CEO Brian Roberts said. — A deal will likely value Hulu at more than the $27 …
Charlotte Tobitt / Press Gazette:
A report by the UK's News Media Association estimates that the traffic Google sends to publishers is worth less than £75M per year in revenue — Publishers and platforms disagree over how much they each benefit from each other. — UK publishers have accused Google of exaggerating …
Discussion:
@pressgazette and @pressgazette
Lucas Shaw / Bloomberg:
Peyton Manning's Omaha Productions, which is producing shows for ESPN, Netflix, and others, raised ~$10M from Peter Chernin's North Road at a $400M+ valuation — Josh Pyatt and Jamie Horowitz flew to Denver in September 2020 armed with a pitch deck and a prayer.
Discussion:
@dougscripts and @lucas_shaw
Reuters:
Since April 6, the Cyberspace Administration of China closed 107K online accounts of counterfeit news outlets and anchors and removed 835K pieces of content — China has intensified efforts to clean up the internet from false news and rumours, closing more than 100,000 online accounts …
Discussion:
The Register
Wayne Friedman / MediaPost:
Warner Bros. Discovery launches a supply-side programmatic platform, WBD Stream, to let marketers access digital video inventory from its networks and platforms — Warner Bros. Discovery is starting up an in-house supply-side programmatic platform (SSP) called WBD Stream …
Discussion:
Adweek, The Verge, Media Play News and Deadline