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5:30 PM ET, January 29, 2024

Mediagazer

 Top News: 
Bloomberg:
Sirius XM acquires rights to SmartLess, a podcast by Will Arnett, Jason Bateman, and Sean Hayes, sources say for $100M+; Amazon previously paid $60M-$80M  —  - The popular interview program has spent three years at Amazon  — Actors Will Arnett, Jason Bateman and Sean Hayes host the show
Max Goldbart / Deadline:
Memo: Channel 4 plans to merge commissioning departments, including TV drama and film, leave a London premises, and more, part of a five-year Fast Forward plan  —  Channel 4 is merging several commissioning departments including TV drama and film and leaving its Horseferry Road premises …
RELATED:
Georg Szalai / The Hollywood Reporter:
Channel 4 plans to lay off 18% of its staff, impacting ~200 jobs and closing ~40 unfilled roles, to become a “digital-first public service streamer by 2030”
Chris Roush / Talking Biz News:
Bloomberg starts providing AI-generated summaries of companies' earnings calls on its terminal; the company has more than 310,000 subscribers to its terminal  —  Bloomberg is now providing artificial intelligence summaries of company's earnings calls on its terminal.
Wall Street Journal:
How Penguin Random House started actively challenging the removal of books from US school libraries, including through an “Intellectual Freedom” task force  —  A fiery board meeting inspired Penguin Random House to actively challenge the removal of books from school libraries
Sarah Perez / TechCrunch:
Plex raised new funding, larger than the $50M funding it raised in 2021, and expects to be profitable by the end of 2024  —  Media streamer Plex has raised new capital.  The company, which began as a media organization startup, has morphed over the years to become a one-stop shop for all your media …
Charlotte Tobitt / Press Gazette:
An interview with Mail Online executives on rolling out its new £4.99 per month Mail+ tier to all UK users, the £12.99 per month Mail+ Editions app, and more  —  Mail Online is building on a “great position of strength” from its “huge, loyal, engaged, direct audience” …
Alex Barinka / Bloomberg:
TikTok is testing a feature that could make all posts shoppable, by identifying objects in videos and prompting users to “find similar items on TikTok Shop”  —  - Feature links products to any posts, not just influencers  —  TikTok is testing a feature that could make all posts shoppable …
Kyle Orland / Ars Technica:
Suzanne Vranica / Wall Street Journal:
Amazon expects Prime Video's average hourly ad load to be 2 to 3.5 minutes, below traditional TV and most streaming services, and to reach 159M monthly viewers  —  Move prompts longtime subscribers to cancel Prime altogether, forgoing free shipping; ‘There is only one way to show them that this is not OK’
Katie Campione / Deadline:
Nielsen: Ted Lasso was the most-watched streaming original in 2023, at 16.9B minutes, despite Apple TV+'s small footprint, followed by Netflix's The Night Agent  —  Ted Lasso went out on a high note at Apple TV+.  —  According to Nielsen, the series was the most-watched streaming original last year …
 
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 More News: 
Reuters:
German state broadcaster ARD says Israel was blocking two of its long-term Palestinian workers from leaving Gaza, citing security concerns that don't make sense
 Earlier Picks: 
Reuters:
Report: Zee Media founder Subhash Chandra says his family plans to eventually raise its stake in Zee from 4% to 26% after a merger with Sony India collapsed
Discussion: Livemint
The Intercept:
Sources: the NYT pulled a The Daily episode about sexual violence perpetrated by Hamas on October 7, after an internal debate on the strength of its reporting
Jay Rosen / @jayrosen_nyu:
[Thread] A look at the factors behind the news industry downturn: advertisers have other avenues to target users, lack of a direct connection with readers, more
Pete Croatto / Poynter:
A look at the 2003 film Shattered Glass on serial fabulist Stephen Glass, the people involved in his rise and fall, and its enduring appeal in journalism school