Mediagazer: LGBTQ+ outlet Pink News shifts towards ad agency partnerships, after its social media revenue fell 50%+ from 2022, when social accounted for ~80% of its revenue (Charlotte Tobitt/Press Gazette)

2:35 AM ET, August 29, 2023

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Max Tani / Semafor:

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Scott Roxborough / The Hollywood Reporter:

Q&A with Thomas Rabe, the CEO of pan-European broadcast giant RTL Group, on investing in Fremantle and targeting a €3B turnover by 2025, content types, and more — Thomas Rabe, CEO of parent RTL Group, has provided the capital that helped turn Fremantle into THR's 2023 International Producer of the Year.

Discussion: @rtlgroup

Charlotte Tobitt / Press Gazette:

LGBTQ+ outlet Pink News shifts towards ad agency partnerships, after its social media revenue fell 50%+ from 2022, when social accounted for ~80% of its revenue — Pink News has seen “hockey-stick-like growth” in its direct sales activity this year. — LGBTQ+-led brand Pink News has carried out a …

Mia Sato / The Verge:

A look at AI chatbot Smart Answers that Foundry trained only on Macworld, PCWorld, Tech Advisor, and TechHive content, and offered to their readers on August 1 — By and large, the goal has been: can we make more pages for ads without paying more writers? — Now, a group of tech outlets …

Discussion: @harrymccracken, @dsilverman@threads.net and @mr_existant

Michael Geist:

Canada's Bill C-18 is set to take effect no later than December 19, 2023, but the country's broadcast regulator suggests media bargaining can't begin until 2025 — The Bill C-18 legislative process was marked by repeated warnings from the government that this was an urgent issue that justified …

Discussion: @wiredwoman, @pagmenzies, @mgeist and @mgeist

Mark Kleinman / Sky News:

Sources: the Barclay family made a proposal last week to regain control of the Telegraph's holding company by buying back ~£1B of debt from Lloyds Banking Group — The titles' former owners have secured backing from Middle Eastern investors to table an offer to Lloyds Banking Group worth more than £500m, Sky News learns.

Discussion: @markkleinmansky, Bloomberg, @andreas_krieg, Telegraph and The Guardian

Lauren Sherman / Puck:

Source: supermodel Karlie Kloss is in talks to buy the UK-based culture and fashion publication i-D magazine from Vice Media, which acquired i-D in 2012 — The supermodel is in talks to buy the cultishly beloved ‘i-D’ magazine. … I know little about the terms of the deal …

Discussion: @lapresmidi

Leo Schwartz / Fortune:

The US SEC charges Impact Theory with offering unregistered securities by selling NFTs, a first; the LA-based entertainment company agreed to pay a $6.1M fine — Gary Gensler, chair of the Securities and Exchange Commission — In an enforcement action announced on Monday …

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