Top News:
Bloomberg:
Sources: Disney held talks exploring selling its ABC network and TV stations to Nexstar Media Group, which has 200 owned or partner TV stations in 116 markets — Walt Disney Co. has held exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar Media Group Inc. …
Discussion:
The Verge, TVLine, Variety, Los Angeles Times, Insider, The Wrap, The Hill, Sports Media Watch, Deadline, Reuters, Next TV, 9to5Mac, Cord Cutters News, The Messenger, Deadline, The Wrap, The Desk and The Hollywood Reporter
Emma Roth / The Verge:
TikTok and Billboard launch the TikTok Billboard Top 50 Chart to track the most popular songs on the app each week in the US, refreshed every Thursday morning — TikTok is partnering with Billboard to launch a top 50 chart that tracks the most popular songs on the platform.
Discussion:
CNET, Billboard, MediaPost, TikTok, Billboard, The Messenger, TechCrunch, TMZ.com, Forbes and Variety
Jeremy Fuster / The Wrap:
The WGA and studios agree to resume labor negotiations next week, in a meeting that would be their first since August 22 — Date for discussions has yet to be determined, AMPTP says — The Writers Guild of America and the Alliance of Motion Picture and Television Producers have agreed to resume negotiations next week.
Discussion:
TVLine, IndieWire, Los Angeles Times, Variety, Deadline, Bleeding Cool News, The Hollywood Reporter, @lucas_shaw and Los Angeles Times
Kyle Wiggers / TechCrunch:
Pixis, which sells AI tools that help marketers run and monitor campaigns, raised an $85M Series C1 led by Touring Capital, taking its total funding to $209M — Pixis, an AI-powered platform for brands to monitor and orchestrate their marketing campaigns, today announced that it raised $85 million …
Alex Weprin / The Hollywood Reporter:
X CEO Linda Yaccarino hires media executives to lead sales teams, including former TNT and TBS GM Brett Weitz as X's head of content, talent, and brand sales — Yaccarino also unveiled a new sales leadership team, including former NBCUniversal and Dow Jones executives.
Discussion:
MediaPost, The Information, Variety, The Messenger, The Wrap and Deadline
Josef Adalian / Vulture:
Hulu launches Top 15 Today, updated daily to list trending movies and TV shows; source: the list uses a formula weighing viewership, popularity surges, and more — Hulu is finally getting into the numbers game — but on its own terms. Vulture has learned that the Disney-owned streamer …
Discussion:
Variety, The Verge, The Streamable, Decider, 9to5Google, The Walt Disney Company and Cord Cutters News
Carolyn Giardina / The Hollywood Reporter:
Generative AI startup Metaphysic claims its new system can help actors navigate AI likeness rights, and says its early users include Tom Hanks and Anne Hathaway — The generative AI tech firm announced a new toolset on Thursday and revealed multiple actors who are using its products.
Discussion:
National Review
Janko Roettgers / Lowpass:
Amazon adds IAP back to Prime Video for Android, letting users buy VOD rentals and more, after removing IAP from its apps in 2022 to avoid Google's 30% fee — Next up: The Kindle app, maybe? — Some news from the someone-must-have-struck-a-deal department: Amazon is once again allowing users …
Discussion:
9to5Google and The Verge, more at Techmeme »
Axios:
Source: audience and ad measurement company VideoAmp laid off ~10% of its workforce last week, or 40+ people, just before announcing raising a $150M Series G — Media measurement firm VideoAmp quietly laid off about 10% of its workforce last week, Axios has learned. … VideoAmp now has about 400 employees.
Discussion:
Ad Age, VideoAmp and @sarafischer
Matthew Keys / StreamTV Insider:
US House hearing: lawmakers expressed frustration over rising pay TV prices and blackouts, and four industry experts called cable and broadcast rules outdated — Federal lawmakers this week expressed their frustration over rising cable and satellite television prices and numerous programming blackouts …
Bloomberg:
Sources: Disney expects to fall far short of its Disney+ subscriber target for 2024, set in mid-2022; its Charter deal will add millions, at a reduced price — Walt Disney Co. expects to fall tens of millions of subscribers short of its last publicly stated 2024 target for the Disney+ streaming service …
Discussion:
The Wrap and New York Times
Charlotte Tobitt / Press Gazette:
Newsquest reports 2022 revenue up 6% to £150.6M, passing 65K paying digital subscribers, and that almost 50% of its advertising revenue now comes from digital — Digital now makes up almost half of ad revenues, and digital subs have surpassed 65,000.
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