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TikTok admits that it's funding the TikTok creators' lawsuit in Montana challenging the state's ban of the app, but says it's not paying the creators directly — The popular video service had deflected questions about its involvement in the creators' lawsuit for more than a month.
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Ryan Seacrest will succeed Pat Sajak as host of “Wheel of Fortune” as Sony hopes to avoid the succession fiasco it faced with “Jeopardy!” — The game show has demonstrated remarkable durability even as traditional television has declined in the wake of streaming entertainment.
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Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims — About 80% of Google's video ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
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Reuters' 2023 Digital News Report: 22% of news consumers actively participate via posts or comments, down 11 percentage points from 2018; 47% don't participate — “We find that news users who say their experiences engaging with news online are negative (21%) are nearly four times as likely …


Internal memo: SiriusXM plans to shut down its Stitcher podcast app on August 29 and move subscribers to its flagship SXM app, where podcasts will include ads — Sirius XM Holdings Inc., the satellite radio and audio company owned by Liberty Media Corp., plans to shut down its Stitcher podcast app …
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Spotify, SiriusXM, iHeartMedia, and other podcast companies are shifting from A-list celebrities and big-budget audio narratives to professional audio talent
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The UK's Reach launches its first metered paywall, albeit only on the app and not the website, for the Manchester Evening News, alongside a premium membership — Reach may “explore premium options” with more of its biggest newsbrands if the trial is successful.
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Manchester Evening News and HoldtheFrontPage


Source: Brian Calle, CEO and publisher of The Village Voice and L.A. Weekly, purchases Paper Magazine and plans to resurrect it, contacting some former staffers — The magazine has been purchased by Brian Calle, CEO and publisher of The Village Voice and L.A. Weekly.
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Roku and CBS Sports buy US media rights for Formula E; Roku plans to stream 11 races per season on the Roku Channel, its first foray into live sports — The company is sharing the rights with CBS Sports, which will televise 5 races annually as part of the multi-year deal.
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Apple offers the full first episode of Silo, a sci-fi show, to be viewed on Twitter for free, three days before Apple TV+ airs the show's season finale — Apple has uploaded the entire first episode of its sci-fi dystopian TV show “Silo” on Twitter, allowing anyone on the platform to view it for free.


Postmedia Network, publisher of the National Post and Toronto Sun, and Nordstar Capital, owner of the Toronto Star and Metroland Media, are in talks to merge — NordStar, Postmedia would have 50% voting stake in a new company that would control most of the combined assets of both.
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Postmedia, @NMBA@mstdn.ca and @simonhoupt


Thomson Reuters plans to acquire YC-backed Casetext, which builds AI/ML-powered workflows and tools for lawyers, for $650M in cash, expected to close in H2 2023 — Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator-backed legal tech startup.
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Paramount+ with Showtime launches for $11.99/month, without ads; price of the ad-supported Paramount+ essential plan rises from $4.99/month to $5.99/month — The Showtime linear channel will continue for now, with eventual plans to rebrand it with Paramount+ programming.
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