Top News:
Kate McGee / The Texas Tribune:
Texas A&M weakened its offer to a University of Texas professor to revive its journalism program, after backlash about DEI and her NYT past; she's staying at UT — The university celebrated its decision to hire Kathleen McElroy to revive its journalism program.
Discussion:
@jayrosen_nyu, @shannimcg, @cassandrajar, @davetarrantnews, @drjameswhit, @bklynbckstretch, @miamoodyramirez, @kut, @ibjiyongi, @sivavaid, @rolandsmartin, @rolandsmartin, Houston Chronicle, @rolandsmartin, @rolandsmartin, @thebattonline, @stevesilberman@newsie.social, @parisnoire, @jftitone.bsky.social, @KimPerales@toad.social, @froomkin, @elvialimon, @jswatz, @sivavaid, @markjacob16, @jason_kint, @scottpb.bsky.social, @MediaLawProf@mastodon.social, @mcclain_on_nfl, @vermontgmg, @aggiegrad03.bsky.social, @dem8z, @feliciasonmez, @harmonygritz@mastodon.social, @dmgreene.bsky.social, @jason_kint, @damon.kiesow.net, @JoshuaHolland@mastodon.social, @michaelluo, @triciamatthew.bsky.social, @sarahc@mas.to, @deanluk, @bakerdphd.bsky.social, @grossdm and @donmoyn.bsky.social
Wall Street Journal:
Sources: Disney is exploring strategic options for its Star India business; Media Partners Asia estimates Disney+ Hotstar could lose 15M subscribers in FY 2023 — Talks are a sign of how Star India's fortunes have changed since Disney's purchase of Fox entertainment assets
Discussion:
@jtoonkel, @scottgustin and @rwhelanwsj
David Robb / Deadline:
SAG-AFTRA agrees to federal mediation with the AMPTP, but says it is “not confident” in employers' intentions; contract still expires at 11:59pm PT on July 12 — SAG-AFTRA has agreed to federal mediation in order the break the bargaining deadlock with the Alliance of Motion Picture …
Discussion:
Variety, The Wrap, IndieWire, @lindaholmes, The A.V. Club, @jerilryan, @evanhandler, @justinebateman, @elidiazva, @carolinerenard_, @henderson_joe, @scalzi, The Hollywood Reporter, @writtenbyhanna, @gregbaldwiniroh, @aodespair, @traceyecorder, @jamesmoran, Variety, @jelenawoehr, @matthewacherry, @slashfilm, @carolinerenard_, @stevendeknight, @johndellaporta, @futterish, @variety, @aaronserna, @felonious_munk, @badideas.bsky.social, SlashFilm, @chrishewitt and @dealbook
Charlie Nash / Mediaite:
Filings show Vice executives' $700K+ salaries and collective bonuses totaling $1M+ on April 28, one day after layoffs and two weeks before the bankruptcy filing — Vice senior staff writer Joseph Cox shared the eye-popping payments made to Vice Media executives who “led VICE to bankruptcy” on Monday.
Discussion:
@josephfcox, The Wrap, @janusrose, @macwbishop, @sanasaeed, @nehashastry, @janusrose, @annacod, @brooklynmarie, @viceunion, @michaelmalice, New York Post and @lindsaykatai
BBC:
A young person says the BBC presenter at the center of a scandal sent them threatening texts after they alluded online to naming and having contact with him — A young person has told BBC News they felt threatened by the BBC presenter at the centre of a row over payment for sexually explicit photos.
RELATED:
Georg Szalai / Hollywood Reporter:
The BBC reports record BBC Studios revenue up 28% YoY to £2.09B in 2022-2023, EBITDA rose 6% YoY to £240M, and returns to the BBC reached a record £362M — Thanks to hit content, such as ‘Happy Valley,’ 'Bluey, and ‘Dancing With the Stars,’ the commercial arm …
Discussion:
Press Gazette, Variety, WORLD SCREEN, Broadband TV News and Deadline
RELATED:
Nitish Pahwa / Slate:
A volunteer contributor for Twitter's Community Notes details checking rampant spam and disinformation across the site and says the tool is far from sufficient — Twitter's “Community Notes” volunteers are supposed to make the platform “the most accurate source of information about the world.”
Reuters:
Syria cancels the media accreditation of two local journalists working for the BBC over what the information ministry calls “false” and “politicized” coverage — Syria's information ministry said on Saturday it had cancelled the accreditation of two local journalists working …
Discussion:
BBC, @annie_sparrow, Associated Press and Committee to Protect …
Alexander Gladstone / Wall Street Journal:
Sources: Audacy is set to begin negotiations with financial creditors to restructure its $1.9B in debt as it struggles with declining advertising revenue — Audacy has said that it might not satisfy debt obligations as it faces a weak radio advertising market
Discussion:
The Desk, Inside Radio and Radio & Television …
Washington Post:
The Washington Post becomes the first major national newspaper to join Verizon's +play subscription aggregation hub; new Post subscribers get three months free — The Washington Post announced today that it has joined Verizon's +play - giving Verizon customers an exclusive three-month subscription …
Discussion:
The Desk
Charlotte Tobitt / Press Gazette:
The Financial Times leans into its B2B business with an FT Professional rebranding, citing that its B2B subscriptions account for 75% of its paying readers — B2B subscriptions account for 75% of the FT's paying readers. — The Financial Times is targeting growth in its B2B division …
Discussion:
@mediaevan, @nsmgmedia, @danfaggella, @seangriffey, Media Voices, @pressgazette, @pressgazette, City A.M. and Talking Biz News
Ashley Capoot / CNBC:
Shutterstock announces an expanded, six-year partnership with OpenAI that grants access to its video, image, and music libraries for AI training; SSTK jumps 9%+ — - Shares of Shutterstock popped Tuesday after the company announced an expanded, six-year partnership with ChatGPT-maker OpenAI.
Discussion:
MediaPost, TechCrunch, @glenngabe, NBC 7 San Diego and The Verge, more at Techmeme »
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