Top News:
Daniel Thomas / Financial Times:
UK-based Reach strikes a deal with Amazon for “contextual” first-party data to target online ads, as the media industry adapts to the end of third-party cookies — Media sector scrambles to deal with fallout from phase out of cross-website trackers
Discussion:
Press Gazette, @katebevan, MarTech, Search Engine Land, Jamie Drucker on LinkedIn, @rasmus_kleis, @baekdal, @lukolejnik and MediaPost
Financial Times:
Microsoft strikes an AI deal with Semafor for a breaking news feed called Signals; Ben Smith says it will be written by journalists, using AI as a research tool — Collaboration comes as tech giant faces multibillion-dollar lawsuit from the New York Times Microsoft is working with media start …
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Nitish Pahwa / Slate:
A look at the decline of Quora, which used to stand out as an accuracy-focused, knowledge-centric platform but is now filled with bizarre, AI-generated entries — The site used to be a thriving community that worked to answer our most specific questions. But users are fleeing.
Discussion:
@garry@mstdn.social, @sayhar, @drahardja@sfba.social, @glenngabe@mas.to, @iethics, @dave@social.masto.land, @samwhoo, David Lifson on LinkedIn, @scottnover, @pahwa_nitish, @pahwa_nitish, @iethics, @dannygroner, @slate, @pahwa_nitish, @tobywalsh, @caspiancey, @waxy@xoxo.zone, @juergen_hubert …, @overholt@glammr.us, @stefan@stefanbohacek.online, Hacker News and Slashdot
Jonathan Vanian / CNBC:
Last week's earnings showed signs of an ad market turnaround, with Meta's ad sales up 24% YoY, Amazon's ad business growing 27%, and Google's ad business up 11% — - The digital advertising market appears to be on the upswing based on quarterly results last week from Alphabet, Meta and Amazon.
Discussion:
SPLICETODAY.com, @davewelike and Robert Derow on LinkedIn, more at Techmeme »
Bron Maher / Press Gazette:
Politico reshuffles its six-strong London Playbook newsletters team ahead of an expected UK general election; Politico's UK staff has grown 3x since Dec. 2022 — Politico has more than tripled its London staffing since December 2022. — Politico has reshuffled the six-strong team writing …
Discussion:
@charlesarthur and @pressgazette
Amy Or / Bloomberg:
Sources: Reddit had over $800M in revenue in 2023, up 20%+ YoY, and was not profitable for the full year; a source says Reddit was profitable in Q4 — - Social site posted over $800 million revenue last year — Reddit may reveal public IPO filing as soon as this month
Discussion:
The Information, more at Techmeme »
Selome Hailu / Variety:
Nielsen: the 66th annual Grammys hit an average 16.9M viewers, up 34% YoY, across CBS, Paramount+, CBS.com, and the CBS app; Paramount+ streams were up 173% YoY — The 66th annual Grammy Awards took a fast car towards ratings success on Sunday, bringing in an average 16.9 million viewers …
Discussion:
The Wrap, Deadline, Digital Music News, Associated Press, The A.V. Club, TVLine, New York Times, @mcbc, MediaPost, TV Insider, Forbes, The Wrap, Axios, @ewagmeister, @variety, @brianstelter, Los Angeles Times, Next TV and Billboard
Jonathan Stempel / Reuters:
A US judge finds WBD didn't overstate HBO Max streaming subscriber numbers prior to its 2022 merger and dismisses a proposed class action lawsuit from investors — Warner Bros Discovery (WBD.O) on Monday won the dismissal of a proposed class action led by Ohio Attorney General Dave Yost …
Discussion:
The Hollywood Reporter and The Wrap
Will Fischer / Nieman Lab:
Q&A with Javonte Anderson, editor of Capital B Gary, a Black-focused nonprofit news outlet, on working with locals, shaping coverage via user surveys, and more — “We want to meet the people where they're at, whether that's churches, neighborhood block clubs, salons, or barber shops.”
Clive Cookson / Financial Times:
An interview with editor Richard Horton about The Lancet's political advocacy, commercial success giving him the freedom to make controversial decisions, more — Veteran editor says commercial success has given him the freedom to make controversial decisions
Discussion:
@Samuelmoore@hcommons.social
Mike Scarcella / Reuters:
A US federal judge sets the trial for the DOJ's and multiple states' antitrust lawsuit against Google's ad business to begin on September 9, 2024 — A U.S. federal judge on Monday set a Sept. 9, 2024, date for the start of a jury trial in a lawsuit the U.S. Justice Department and a coalition …
Discussion:
CNN, @antitrust_bot and Search Engine Land, more at Techmeme »
Politico:
Mayor of Dearborn says police increased their presence as a “direct result” of a WSJ opinion piece that described the Michigan city as “America's jihad capital” — The move is in response to a Wall Street Journal opinion piece. — DEARBORN, Mich. — Dearborn …
Discussion:
Detroit Free Press, @deanobeidallah, Newser, The Hill, The Daily Beast and CBS News
Max Tani / Semafor:
How Condé Nast bought and destroyed Pitchfork by absorbing its creative teams and trying to fit it into the audience-driven terms of programmatic ad sales — The News — In 2015, Condé Nast was nearing a deal to buy the music site Pitchfork, its first major editorial acquisition in years.
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