Top News:
Christopher Palmeri / Bloomberg:
Byron Allen makes a ~$30B offer, including debt and equity, to buy all of Paramount; sources: Allen plans to sell the Paramount film studio and keep Paramount+ — - The media mogul offers to pay a 50% premium for voting stock — Allen already has interest from investors for assets
Discussion:
Wall Street Journal, The Wrap, Awful Announcing, Radio & Television …, Variety, The Streamable, Next TV, Hollywood Reporter, MediaPost, Vibe, Media Play News, Deadline, @richlightshed, WORLD SCREEN, The Messenger, @lucas_shaw, @solomonmissouri, @sherman4949, @tvgrimreaper, Broadband TV News, @gracerandolph, @ipodave, @danprimack, @authorrandallb, Variety, Deadline, The Wrap, Cord Cutters News and Reuters
Todd Spangler / Variety:
UMG plans to stop licensing content to TikTok after their deal expires on January 31, saying they didn't reach terms over issues like artist compensation and AI — UMG said that its agreement with TikTok is set to expire on Jan. 31. “The companies have not agreed to terms for a new agreement …
Discussion:
UMG, Associated Press, New York Post, TikTok, CNN, Axios, WHDH 7News, New York Daily News, @tiktokcomms, VIBE.com, Consequence, Ars Technica, TechCrunch, The Sun, @broderick, UPROXX, Agence France-Presse, @mikeisaac, @lucas_shaw, @umg, @jamesrbuk, @runciedan, Music Ally, Business Insider, The Register, @annaknicolaou, Engadget, @xpangler, @mikeisaac, inews.co.uk, CMU, The Guardian, @broderick, @russdiemon, The Hollywood Reporter, Bloomberg, The Daily Beast, Mumbrella, Music Technology Policy, The Messenger, Wall Street Journal, Rolling Stone, The Information, Los Angeles Times, 9to5Mac, CityAM, Financial Times, Billboard, The Music Network, Reuters, PR Newswire, The Wrap, Second Hand Songs … and Digital Music News, more at Techmeme »
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Todd Spangler / Variety:
Alex Cooper releases her hit Call Her Daddy interview podcast on all major audio platforms, after its three year, $60M deal with Spotify ended — Daddy Gang, rejoice! … Full episodes of “Call Her Daddy” have been available only on Spotify since July 2021, under a three-year deal worth more than $60 million.
Reuters:
Alphabet reports Q4 Google advertising revenue up 11% YoY to $65.5B, vs. $66.1B estimated, and Google Search & Other revenue up 13% YoY to $48B — Alphabet (GOOGL.O) disappointed Wall Street on Tuesday as holiday season advertising sales came in below expectations and overshadowed …
Discussion:
@thetranscript_, MarketWatch and Reuters
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Todd Spangler / Variety:
Alphabet CEO says its digital subscription services, including YouTube Premium and YouTube TV, are on a $15B annual revenue run rate, up fivefold since 2019
Alphabet CEO says its digital subscription services, including YouTube Premium and YouTube TV, are on a $15B annual revenue run rate, up fivefold since 2019
Discussion:
TechCrunch, MediaPost, @xpangler and The Desk
Dade Hayes / Deadline:
Google Chief Business Officer Philipp Schindler says “YouTube TV is doing well”, and the company is “closely looking” at a YouTube TV international expansion
Google Chief Business Officer Philipp Schindler says “YouTube TV is doing well”, and the company is “closely looking” at a YouTube TV international expansion
Sara Fischer / Axios:
Sources: The Wall Street Journal plans to restructure its Washington bureau this week, including making a small number of layoffs and adding some new roles — The Wall Street Journal is planning to restructure its Washington bureau this week, sources told Axios.
Discussion:
Adweek and Talking Biz News
Elizabeth A. Harris / New York Times:
A profile of Penguin Random House CEO Nihar Malaviya, who was tasked to lead PRH after the US DOJ won its fight to stop the $2B+ Simon & Schuster acquisition — As chief executive of Penguin Random House, Nihar Malaviya runs a global company and the largest book publisher in the United States …
Discussion:
@glecharles@zirk.us and @cfiesler@hci.social
The New York Times Company:
The New York Times introduces a new format to its byline pages, called enhanced bios, highlighting journalists' expertise and ethics, how they operate, and more — The New York Times is introducing a new format to its byline pages. — Our journalists are what set The New York Times apart.
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Emilia David / The Verge:
The NYT starts hiring for a team that will explore the use of generative AI in the newsroom “to help with reporting and how the Times is presented to readers”
The NYT starts hiring for a team that will explore the use of generative AI in the newsroom “to help with reporting and how the Times is presented to readers”
Discussion:
The Messenger, @palewire, @palewire, @technicallymims@threads.net, @chris@threads.net and @zseward@threads.net
Committee to Protect Journalists:
A Minsk court sentences photojournalist Aliaksandr Ziankou to three years on extremism charges; Belarus was the world's third-worst jailer of reporters in 2023 — The Committee to Protect Journalists calls on Belarusian authorities to stop using extremism laws against journalists following …
Discussion:
Fox News
Mark Caro / Local News Initiative:
Q&A with Ellen Clegg and Dan Kennedy, the authors of the new book What Works in Community News, on local news, nonprofit outlets putting up paywalls, and more — Veteran journalists Clegg, Kennedy spotlight local news outlets that chart path forward — Ellen Clegg and Dan Kennedy brought …
Discussion:
@localnewsini, @dankennedy_nu and Media Nation
Reuters:
Mexican authorities confirm that government computers were hacked on January 22 and the personal data on 263+ journalists was illegally accessed and released — The theft of the personal data of hundreds of journalists in Mexico, including addresses and copies of voter ID cards and passports …
Discussion:
@murderousredcap.bsky.social
Ben Sisario / New York Times:
USC: in 2023, 35% of Billboard's Hot 100 singles in the US were performed by women and 56% of the most popular songs had at least one female songwriter — The Annenberg Inclusion Initiative's latest report finds that women's involvement in the biggest hits of 2023 was greatly improved over previous years.
Sam Nagarajan / Bloomberg:
UK Culture Secretary Lucy Frazer blocks any changes to the ownership or control of the Telegraph Media Group pending an investigation into the UAE-backed bid — - Culture Secretary Lucy Frazer issues order in latest move — UAE-backed consortium RedBirdIMI wants to buy the media group
Discussion:
Reuters, Telegraph, parliament.uk and The Guardian
Georg Szalai / Hollywood Reporter:
Paramount+ removes some international original content and will not debut some planned programming sourced outside the US as part of its goal to manage costs — Paramount Global's streamer will also not debut some planned programming, such as German anthology series 'Zeit Verbrechen …
Reuters:
Emails: Sony India and Zee disagreed over 20+ compliance issues, including Zee's failure to dispose of Russian assets and its $1.4B Disney cricket rights deal — Sony and Zee disagreed over more than 20 compliance issues, including the Indian firm's failure to dispose of some Russian assets …
Discussion:
Broadband TV News