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2:25 PM ET, September 28, 2023

Mediagazer

 Top News: 
Songtradr:
Music licensing marketplace Songtradr acquires Bandcamp and plans to keep operating Bandcamp as a marketplace and community with an artist-first revenue share  —  (September 28 - Los Angeles) - Songtradr, a music licensing platform and marketplace company supporting artists, labels and publishers …
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Ash Parrish / The Verge:
Epic Games lays off 16% of its workforce, or ~830 employees, divests from music storefront Bandcamp, and intends to spin off “kid-tech” company SuperAwesome  —  Bloomberg reports that Fortnite developer Epic Games is expected to lay off 16 percent of its workforce.
Deadline:
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Jennifer Maas / Variety:
WGA leaders lift the strike order as of 12:01am PT on September 27, release the tentative AMPTP deal, and let writers return to work before final ratification
Amanda Silberling / TechCrunch:
X CEO Linda Yaccarino claims 90% of the top 100 advertisers “returned to the platform in the past 12 weeks alone” and that X will be profitable by early 2024  —  According to X CEO Linda Yaccarino, the company formerly known as Twitter will be profitable by early 2024.
Todd Spangler / Variety:
Meta debuts AI chatbots based on over a dozen influencers, including Snoop Dogg, MrBeast, and Charli D'Amelio, on Instagram and Facebook, and plans to add more  —  Meta has turned more than a dozen celebrities and influencers into robots.  —  The tech company, at the Meta Connect 2023 confab Wednesday …
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Yogita Khatri / The Block:
NYC-based IYK, which lets brands, musicians, and creators build “digi-physical experiences”, including through NFTs, raised a $16.8M seed led by A16z Crypto  —  - IYK has raised $16.8 million in seed funding led by A16z Crypto.  — The startup helps brands …
Charlotte Tobitt / Press Gazette:
The FT reports 2022 UK operating profit up 179% YoY to £13.4M, revenue up 14% YoY to £422.5M, and 1.26M web and newspaper subscribers, up 9% YoY  —  Globally the FT Group grew revenues by 5% in 2022 according to unaudited accounts.  —  The Financial Times had its strongest year …
Shauneen Miranda / Axios:
Late-night TV talk shows return: Bill Maher on Sept. 29; John Oliver on Oct. 1, and Stephen Colbert, Jimmy Fallon, Seth Meyers, and Jimmy Kimmel on Oct. 2  —  Late-night shows are set to make their post-Hollywood writers strike return, but will they have any jokes about it?
Brian Steinberg / Variety:
BBC:
New BBC social media rules: flagship presenters can't endorse or attack a political party while their show is on air, criticize individual UK politicians, more  —  High-profile presenters should be allowed to express views on issues and policies but stop short of political campaigning, a new BBC report says.
 
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Jim Waterson / The Guardian:
In response to the GB News events, DMG Media terminates the contract of Dan Wootton, whose MailOnline column was already paused
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