Top News:
Pranav Dixit / Engadget:
Arc Search's Browse for Me feature, which makes a custom web page with search result summaries, faces a backlash over concerns about web traffic and ad revenue — A new feature from the Arc browser puts search result summaries on a single web page that it creates on its own, cheating websites out of valuable traffic.
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Reuters:
Prince Harry settles the remainder of his phone-hacking lawsuit against Mirror Group Newspapers after it agreed to pay “substantial” damages and his legal costs — Prince Harry has settled the remainder of his lawsuit against Mirror Group Newspapers over phone-hacking …
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Drew Taylor / The Wrap:
Sources: WBD seems unlikely to sell or release Coyote vs. Acme, despite backlash; Netflix, Amazon, and Paramount made generous offers, but WBD wanted $70M-$80M — Warner was seeking $75 - $80 million but rejected offers from Netflix, Amazon and Paramount, insiders tell TheWrap
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Benjamin Mullin / New York Times:
Rolling Stone EIC Noah Shachtman is stepping down on March 1 after over two years due to, a source says, editorial differences with CEO Gus Wenner — Noah Shachtman, the magazine's editor in chief since 2021, is resigning because of editorial differences with the chief executive Gus Wenner.
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Erik Wemple / Washington Post:
Ex-Messenger staffers say Jimmy Finkelstein flustered them by meddling in daily operations, including an obsession that the homepage shouldn't be too anti-Trump — Jimmy Finkelstein was chief executive and founder of the Messenger, a much-hyped general news site that recently collapsed, leaving about 250 journalists looking for work.
Kevin Lind / Columbia Journalism Review:
In a study, only 44 out of 2,529 Pennsylvania residents accepted a free online subscription to either the Pittsburgh Post-Gazette or the Philadelphia Inquirer — When 2,529 people were offered a free subscription to their local newspapers, the Pittsburgh Post-Gazette and the Philadelphia Inquirer …
Sara Fischer / Axios:
Outlets are abandoning hard subscriptions, as many of them don't have the cushion for upfront spending on premium content and see paywalls throttling ad revenue — News companies are reversing course on hard subscriptions — once seen as a safer alternative to the volatile ad market …
Discussion:
@stedavies, @baekdal, @davidclinchnews, @jamesrbuk, @aerocles, @davidlaz, @bgrueskin, @asanwal, Tristan Loper on LinkedIn and American Press Institute
Dawn Chmielewski / Reuters:
Disney is testing a contextual ad tool dubbed “magic words” for Disney+ and Hulu that uses AI to analyze scenes and identify contents, brands, images, and mood — Walt Disney (DIS.N) is harnessing artificial intelligence to power a new advertising tool that will help brands tailor …
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Paul Gubbins on LinkedIn, The Wrap, Dana McGraw on LinkedIn and Neowin
New York Times:
CBS Sports, which will broadcast the Super Bowl on Sunday, faces a wave of change with new leadership, the possible Paramount sale, and the streaming challenge — The storied network is facing a wave of change, including new leadership, the possible sale of its parent company and the continued challenge of streaming.
Discussion:
Awful Announcing, New York Post and Barrett Media
Megan Lebowitz / NBC News:
The White House Correspondents' Association announces that Saturday Night Live's Colin Jost will be the featured entertainer at its annual dinner on April 27 — The “Saturday Night Live” comedian has co-anchored “Weekend Update” since 2014. — WASHINGTON — “Saturday Night Live” …
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CoinDesk:
CoinDesk CEO Kevin Worth leaves in a major restructuring by new owner Bullish; Sara Stratoberdha, who ran business development for Bullish, will be the new CEO — Sara Stratoberdha replaces Kevin Worth, who has led CoinDesk since 2017. — Register Now — CoinDesk's longtime CEO Kevin Worth …
Ed Christman / Billboard:
Sources: Sony Music Group has acquired half of Michael Jackson's publishing and recorded masters catalog for at least $600M — The deal, which is likely worth at least $600 million, includes half of the late star's publishing and recorded masters catalog. — In what could be the largest …
Discussion:
New York Times, Consequence, Bloomberg, Variety, Rolling Stone, The Japan Times and Digital Music News
Josh Dickey / The Wrap:
Tucker Carlson releases his two-hour interview with the Russian president Vladimir Putin for free on his website and on X — The former Fox News host sat with the Russian president in Moscow — Tucker Carlson released his two-hour interview with Vladimir Putin, the Russian president whose military …
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Corbin Bolies / The Daily Beast:
In an interview with Tucker Carlson, Putin says he would “not rule out” releasing Evan Gershkovich, but maintains claims the WSJ reporter committed espionage
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