Top News:
Sara Fischer / Axios:
The Sporting News raised $15M led by Playtech, valuing the site in the “eight figures”; TSN was founded as a newspaper in 1886 and became digital-only in 2012 — The Sporting News, a digital sports news site, has raised $15 million in a growth round led by Playtech, a London-based …
Sapna Maheshwari / New York Times:
TikTok begins rolling out TikTok Shop to all US users, adding a button to the app's home screen that sends users to a marketplace, and already has 200K sellers — The company is beginning to introduce TikTok Shop to all of the app's users in the U.S., hoping to add a major new revenue stream.
Discussion:
Ad Age, CBS News, Reuters, The Messenger, Gizmodo, The Verge, @sino_market, TikTok, @tiktokcomms, TechCrunch and Insider Intelligence, more at Techmeme »
Andrew Albanese / Publishers Weekly:
The Internet Archive appeals a US judge's March 2023 decision that favors publishers in a copyright infringement case over the nonprofit's ebook lending program — As expected, the Internet Archive this week submitted its appeal in Hachette v. Internet Archive, the closely-watched copyright case involving …
Georg Szalai / The Hollywood Reporter:
Nielsen's Gracenote unveils the FAST Program, a new initiative to help content companies get their FAST channels distributed by major streaming services — Unveiled at IBC in Amsterdam, it promises “better FAST content visibility, consumption and monetization.”
Discussion:
Media Play News and MediaPost
Financial Times:
How a decade-long effort to restructure loans extended to the Barclay family culminated in Lloyds Banking Group seizing control of the Telegraph newspaper group — How a decade-long effort to restructure loans extended to the reclusive businessmen's empire culminated in Lloyds Banking Group seizing control of a national newspaper
Rachel Graf / The Information:
Sources describe Apollo's Yahoo turnaround efforts, including layoffs, asset sales, and new partnerships; Yahoo is on pace to generate $7B in 2023 gross revenue — When speaking about the company he inherited in September 2021, Jim Lanzone is remarkably blunt.
Discussion:
@rachelagraf, @natebecker, @natebecker, @semaforben, @jessicalessin and @jamesgillespiex
New York Times:
Ex-NFL Network reporter Jim Trotter sues the NFL for racial discrimination, alleging his contract wasn't renewed after he spoke about NFL's lack of diversity — Jim Trotter said his contract with the NFL Network was not renewed after he challenged Commissioner Roger Goodell and other executives …
Discussion:
Mediaite, Awful Announcing, TMZ.com, Axios, @claytravis, @nrarmour, The Athletic, @danprimack, Defector, @jimtrotter_nfl, Barrett Media, NBCSports.com, The Daily Beast and The Messenger
Ivan Mehta / TechCrunch:
MTV partners with Snapchat to let users vote for the VMA's Best New Artist category through Lenses — MTV has partnered with Snapchat to let users vote for a Video Music Awards category through Lenses. The entertainment company is leveraging Snap's Camera Kit to integrate AR-based experiences into the award show.
Discussion:
@senoj.bsky.social and MediaPost
Sara Fischer / Axios:
The Economist plans to introduce Economist Podcasts+, which will give subscribers exclusive access to all of the Economist's podcasts, for $4.90 per month — The Economist plans to introduce a new subscription tier this Thursday called Economist Podcasts+ for $4.90 monthly, the Economist president Bob Cohn told Axios.
Discussion:
@jackmarshall
Jason Koebler / 404 Media:
As some supposedly “leaked” Harry Styles songs are being sold on Discord, fans and AI-analysis companies struggle to determine if the clips are AI-generated — Discord communities within the Harry Styles and One Direction fandom are tearing themselves apart over “leaked snippets” …
Discussion:
@josephfcox and @jason_koebler, more at Techmeme »
Hunter Walk:
Why there has never been a better time to be an online creator: it might be harder than ever to earn $1M per year, but it has never been easier to make $50K — I judge the health of the creator economy by one single controversial factor: ease of access and probability of survival for its participants.
Discussion:
@obrien, @hunterwalk, The Information and @carnage4life@threads.net
Anna Nicolaou / Financial Times:
How UMG's Deezer deal, which will give more royalty money to professional artists, could pull other major labels and platforms into a new phase of streaming — Universal's new deal on streaming royalties underscores how the major labels have remade themselves throughout the digital era
Alex Weprin / The Hollywood Reporter:
Interviews with Disney Entertainment co-chairman Dana Walden and ESPN chairman Jimmy Pitaro about the Charter deal, how Spectrum expands ESPN+'s reach, and more — Walden, the co-chairman of Disney Entertainment, and Pitaro, the chairman of ESPN, talk about what the Spectrum deal means for their Disney divisions.
Discussion:
The Streamable, WORLD SCREEN, Yahoo Entertainment, Deadline, Cord Cutters News, Forbes and Comic Book
RELATED:
Emma Roth / The Verge:
Disney and Charter's deal bundles ESPN+ with Spectrum TV Select Plus, and the upcoming ESPN streaming channel and Disney+'s ad tier with Spectrum TV Select
Discussion:
Insider Intelligence, The Walt Disney Company, Awful Announcing, Variety, The Desk, Los Angeles Times, @andrewmarchand, TV Insider, Fast Company, Gizmodo, The Hill, MediaPost, Fox Business, Rochester Business Journal, Media Play News, Light Reading, New York Post, Next TV, The Information, Radio & Television … and Deadline
Brian Steinberg / Variety:
Disney and Charter reach an agreement to restore some channels, including ESPN and ABC, for the cable operator's nearly 15M Spectrum subscribers
Discussion:
CNBC, NBC 7 San Diego, @govkathyhochul, @espnpr, @compound248, @jbflint, @aericfisher, @sherman4949, @trungtphan, @loudmouthjulia, @jbflint, @jbflint, @modestproposal1, @xpangler, @benthompson, @benthompson, @dylanbyers, @pkafka, @matthewkeyslive, @lucas_shaw, @lucas_shaw, @lucas_shaw, @lucas_shaw, @tvgrimreaper, @alexweprin, @pkafka, @patiencehaggin, Barrett Media, Slate, The Athletic, Mediaite, CNET, The Hill, The Desk, CNN, New York Times, Front Office Sports, Ad Age, Awful Announcing, CBS News, Barrett Media, The Streamable, The Messenger, The Wrap, Bloomberg, Hollywood Reporter and Wall Street Journal
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