Top News:
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:
Variety, Deadline, Broadband TV News and WORLD SCREEN
RELATED:
Jake Kanter / Deadline:
The BBC says total talent pay rose by £10M to £139.8M in 2022-2023, a three-year high; salaries for presenters earning over £150K reached £23.4M, up 15% YoY — The BBC has revealed that the amount paid to its biggest stars has surged to a six-year high …
Discussion:
The Desk, Press Gazette, BBC and The Guardian
Naman Ramachandran / Variety:
The BBC reports a £120M deficit and record income of £5.7B in 2022-2023, with license fee payments making up £3.74B, down £60M YoY — The BBC has posted a record income of £5.7 billion ($7.2 billion) for the 2022/23 period, up from £5.33 billion last year, but is in deficit by £120 million.
BBC:
A young person says the BBC presenter at the center of the scandal sent them threatening texts after they alluded online to having contact with a BBC presenter — 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.
Discussion:
The Guardian, Variety, @rationalpanic, The Sun, Bloomberg.com, @notwaving, The Hollywood Reporter, @stigabell, @owenjones84, The Daily Beast and Deadline
RELATED:
Jim Waterson / The Guardian:
Tim Davie says police asked the BBC to pause its investigation into a suspended presenter as officers decide if there are grounds for a criminal investigation — Corporation's director general reveals request as officers consider if there is reason for a criminal inquiry
Discussion:
Press Gazette, Deadline, @snowleopardess and The Hollywood Reporter
James Gregory / BBC:
In a letter to the BBC, a lawyer for the teen allegedly paid £35K by a BBC presenter for sexually explicit photos says the claims made in The Sun are “rubbish”
Discussion:
The Guardian, Daily Mail, BBC, Deadline, @craigoliver100, @jameskelly, @fisseha_tegegn, Press Gazette, @aameranwar, Adweek, @elliemaeohagan, @semaforben, @jomichaels17, @krishgm, @stevenicksmith, @anna_soubry, @oldenoughtosay, @stehoare, @charl_h79, @tomdunn26, @owenjones84, @marcsettle, @edwinhayward, @paoloiskandar64, New York Post, The Sun, NPR, Fox News, Hacked Off, New York Times, Press Association and The Daily Beast
Meg James / Los Angeles Times:
Patrick Soon-Shiong and his family sell the San Diego Union-Tribune to an affiliate of MediaNews Group, the newspaper publisher owned by Alden Global Capital — Patrick Soon-Shiong and his family have sold the San Diego Union-Tribune to competing publisher MediaNews Group …
Discussion:
@maxwelltani, The Desk, Voice of San Diego, Media Nation, @maxwelltani, @megjameslat, Orange County Register, San Diego Union-Tribune, The Wrap, Los Angeles Times …, @jbenton, Columbia Journalism Review, @cmarinucci, @silasallen1, @awinston, @abby_aguirre, @andrealopezvil, @tyska, @anissadmedia, @dickyoungsghost, @cbellantoni, @mediaevan, @margotroosevelt, @froomkin, @jbenton, Axios, Times of San Diego, Associated Press, Times of San Diego, Variety, Bloomberg and Awful Announcing
Charlotte Tobitt / Press Gazette:
The Financial Times leans into its B2B business with FT Professional rebranding, citing that 75% of the FT's paying readers come from B2B subscriptions — B2B subscriptions account for 75% of the FT's paying readers. — The Financial Times is targeting growth in its B2B division …
Discussion:
@nsmgmedia, Media Voices, @danfaggella, @seangriffey, @pressgazette, @pressgazette, City A.M. and Talking Biz News
Charlie Nash / Mediaite:
Filings show Vice execs' six-figure 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 and @viceunion
Washington Post:
The Washington Post joins Verizon's +play subscription aggregation hub, the first major national paper to do so; new subscribers will get three months free — The Washington Post announced today that it has joined Verizon's +play - giving Verizon customers an exclusive three-month subscription …
Michael Geist:
Canada outlines planned regulations for Bill C-18 that cap liability and set minimum financial contributions by Meta and Google based on their Canadian revenue — Canadian Heritage Minister Pablo Rodriguez has insisted for months that Bill C-18, the Online News Act, is a market-based approach …
Discussion:
The Wrap, National Post, Bloomberg, @mattgurney, @mgeist, @cselley, @_llebrun and Globe and Mail
Axios:
Source: Instagram plans to add branded content tools to Threads, letting marketers do paid promotion, but won't add ads before Threads hits a critical user mass — Instagram is planning to bring its branded content tools to Threads, a source told Axios, giving marketers a way to get involved …
Discussion:
Ad Age, The Drum and 9to5Mac, more at Techmeme »
Hanaa' Tameez / Nieman Lab:
The LAT debuts De Los, a free, standalone vertical for English-dominant Latinos on its website, Instagram, and TikTok; the paper has 547K+ digital subscribers — “There is no future for the L.A. Times without Latino subscribers, because that's who lives here.”
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:
NBC 7 San Diego, more at Techmeme »
Adam Buckman / MediaPost:
CNN's new primetime show, “The Source”, anchored by Kaitlan Collins, launched on July 10 at 9pm ET — It's musical chairs in cable news as two of the three cable news channels remake their prime-time lineups. — The Fox News Channel changes, announced last month …
Discussion:
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