Top News:
Reuters:
Some analysts say a WBD and Paramount merger would likely leave the companies “worse off”: billions deeper in debt and saddled with dying traditional TV assets — Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) are likely to be “worse off” together as a merger …
Discussion:
Variety, The Wrap, Adweek, Fast Company, CNN, The Verge, Vanity Fair, Broadband TV News, Insider Intelligence, CNBC, Barrett Media, TVLine, TrekMovie.com, Sports Media Watch, The A.V. Club, ComingSoon.net, The Desk and ScreenRant
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Benjamin Mullin / New York Times:
A look at the financial pressures on National Amusements and Paramount, as Shari Redstone weighs a sale of her family's controlling stake in National Amusements — She fought to keep control of her family's media empire. Now she's considering an exit as financial pressures mount.
Discussion:
Variety, @benmullin, Financial Times, TrekMovie.com, New York Post and Awful Announcing
Arlene Getz / Committee to Protect Journalists:
At least 68 journalists have been killed in the first 10 weeks of the Israel-Hamas war, more than have ever been killed in a single country over an entire year — More journalists have been killed in the first 10 weeks of the Israel-Gaza war than have ever been killed in a single country over an entire year, according to CPJ data.
Richard Lawler / The Verge:
Substack co-founder Hamish McKenzie doubles down on not moderating Nazi content, after 200+ authors criticize the company for “platforming and monetizing Nazis” — More than 200 Substack authors asked the platform to explain why it's “platforming and monetizing Nazis,” …
Discussion:
The Popehat Report, Substack, @daveleebbg@threads.net, @ricmac@threads.net, @gerryconway, @davezatz, @gartenberg, Reason, @hankgreen@threads.net, @reckless1280@threads.net, @marisakabas.bsky.social, @jessdkant.bsky.social, @jessdkant.bsky.social, Writing Exchange, @ernie.tedium.co, @darylbaxter@mastodon.social, @leavittalone.bsky.social, @sethcotlar.bsky.social, @sethcotlar.bsky.social, @GossiTheDog@cyberplace.social, @quillmatiq@threads.net, @kevinnewburn.bsky.social, @bextraordinary.bsky.social, @wfnycraig@threads.net, @tchambers@indieweb.social, @dougiec3@libretooth.gr, @sepinwall.bsky.social, @drskyskull.bsky.social, Substack, @glecharles@zirk.us, @foglandia@threads.net, @matt@matthewbogart.com, @paul@oldfriends.live, @runwithskizzers.bsky.social, @grantmcconnaughey@threads.net, Substack, @A_C_McGregor@topspicy.social, @cmfederico.bsky.social, @jessdkant.bsky.social, @adamserwer.bsky.social, @overholt@glammr.us, @melissagiragrant.com, @idoubtit@mstdn.social, @jkottke@threads.net and @sethcotlar.bsky.social, more at Techmeme »
Robinhood Newsroom:
Robinhood's Sherwood Media acquires UK-based Chartr Limited, a “data-driven media company and newsletter publisher”, to complement Sherwood's Snacks newsletter — Sherwood Media, LLC has added U.K.-based Chartr Limited, a data-driven media company and newsletter publisher …
Andrew Beaujon / Washingtonian:
The Washington Post Guild says “the company seems to have exceeded its buyout goal”, and it's unclear whether the Guild and management can reach a deal in 2023 — Managers “are attempting to bribe some colleagues to stay,” the Washington Post Guild told members Tuesday.
Discussion:
CNN, New York Post, Poynter and Talking Biz News
Trei Brundrett / American Journalism Project:
A look at the American Journalism Project's Product & AI Studio, launched with OpenAI in summer 2023 to explore how to apply emerging tech in local journalism — This summer, the American Journalism Project launched our new Product & AI Studio, a new program to explore the smart application …
Discussion:
@journalismproj and @openai
Reuters:
Analysis: ABBA Voyage, the London show performed by 3D avatars of the band created using motion capture, made £322.6M in revenue in the 12 months since May 2022 — Thank you for the music, London's authorities might say, after Swedish pop group ABBA's digital concert residency raked …
Emily Schmall / New York Times:
A look at Indian women journalists fighting to be heard, trying to overcome family resistance, harassment, and the Modi government's increasing legal threats — Journalists have been targeted for harassment, and some women are only allowed to speak to the press if they have a male chaperone.
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Christopher Dring / GamesIndustry.biz:
Sony reaches an “updated licensing agreement” with Warner Bros. Discovery to keep over 1,300 Discovery TV shows on PlayStation “for at least the next 30 months” — There's a new licensing agreement between Warner Bros and Sony — News by Christopher Dring Head of Games B2B
Discussion:
The Verge, Neowin, @cawlins_corner, @nick_marseil, @mjarbo and Cord Cutters News
Bron Maher / Press Gazette:
Slow news outlet Tortoise Media reports a £4.6M loss before taxes in 2022, up 45% YoY, revenue up 15% YoY to £6.24M, and 73 employees — The company said the loss represented the costs of investing in the business. — “Slow news” outlet Tortoise Media made a £4.6m loss …
Business Insider:
Ozy Media sues Ben Smith, Semafor, and BuzzFeed, alleging Smith used the failed BuzzFeed-Ozy merger to sabotage Ozy and steal its business model for Semafor — - A dishy lawsuit from Ozy accuses Ben Smith of killing the company only to steal its business model for Semafor.
Discussion:
New York Post, Variety, The Wrap, Dr. Nehemiah J. Mabry on LinkedIn, @jeremymbarr, @bgrueskin, @bmorrissey, @jayshams and Reuters
Lauren Forristal / TechCrunch:
Medallion, a blockchain platform for artists to connect with fans, raised a $13.7M Series A, after launching music album NFTs in the UK, Australia, and Germany — Medallion is a platform for artists to have a dedicated digital hub for promoting album releases, tour dates and merch drops …
Discussion:
Digital Music News, Billboard and Nick Vivion on LinkedIn
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