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4:25 PM ET, February 14, 2024

Mediagazer

 Top News: 
BBC R&D:
The BBC plans to continue its Mastodon trial for at least six months and publish its work using ActivityPub, after gaining 60K followers on six trial accounts  —  In July 2023 we announced our plan to establish a BBC presence in the distributed collection of social networks known as the Fediverse …
RELATED:
Wall Street Journal:
Sources: Walmart is in talks to buy smart TV manufacturer Vizio for $2B+, as the company looks to bolster its advertising business in its battle with Amazon  —  Retail giant discussing a more than $2 billion deal that would boost its advertising business in battle with Amazon
Brian Steinberg / Variety:
Disney merges ABC News and local station operations under Debra OConnell; ABC News President Kim Godwin and Stations President Chad Matthews will report to her  —  Another major media company is merging its news division and its local stations in hopes of wringing new profits from two businesses …
Bloomberg:
Court filings show that Soros Fund Management could become the biggest shareholder of Audacy when the radio and podcast company emerges from bankruptcy  —  - Fund owns more than $400 million of Audacy's first-lien debt  — Radio company's restructuring would hand ownership to lenders
Sara Fischer / Axios:
An interview with Jimmy Finkelstein, who says The Messenger's model was working and the outlet would have been profitable by August 2024 if it had raised $20M  —  The Messenger CEO Jimmy Finkelstein told Axios he did not mislead a New York Times reporter about the company's revenue …
Committee to Protect Journalists:
Iranian authorities raided the newsroom of economic news site FardayeEghtesad on February 5, initially detaining 30 staff; four journalists are still detained  —  Washington, D.C., February 13, 2024—Iranian authorities must immediately release four journalists from the FardayeEghtesad news site …
Discussion: Trusting News and Nieman Lab
Angela Fu / Poynter:
Utah's Deseret News says The Digest, a free monthly print compendium of its best journalism launched in September 2023, has been profitable since October  —  The Deseret News launched a free monthly compendium of its best journalism in September.  It's been profitable since October.
Natalie Korach / The Wrap:
As The Daily Beast put Confider on hiatus, weeks after editor at large Lachlan Cartwright left, sources say the media newsletter could instead be “dead”  —  “We decided to put Confider on hiatus after Lachlan Cartwright, who initiated it, departed The Daily Beast,” The Daily Beast editor in chief said in a statement
Discussion: @danackerman
Charlotte Tobitt / Press Gazette:
Mail publisher DMGT reports 2023 revenue up 2% YoY to £997M and a pre-tax loss of £12.6M, as a £63M growth in B2B events revenue offset consumer media decline  —  Print advertising revenue dropped by 16% in the year to 30 September 2023.  —  Mail publisher DMGT grew revenue …
Brian Steinberg / Variety:
Geraldo Rivera joins Nexstar Media's NewsNation as a correspondent at large; Rivera left Fox News in 2023 due to tensions with Greg Gutfeld  —  Geraldo Rivera, a longtime news correspondent and talk-show host with a knack for the theatrical, is taking up roots at a new outlet.
Rick Porter / The Hollywood Reporter:
Jon Stewart's Daily Show return drew 930K viewers, the most for a Daily Show installment in almost six years; simulcasts brought the total to 1.85M viewers  —  Comedy Central records its most watched episode of the late night show since March 2018.  —  The reunion of Jon Stewart …
 
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 More News: 
Michael M. Grynbaum / New York Times:
Though Karine Jean-Pierre is press secretary, John Kirby, WH national security communications adviser, has increasingly co-hosted briefings since October 7
 Earlier Picks: 
Alexandra Steigrad / New York Post:
Sources: CBS News was hit with job cuts affecting 20 people, including Catherine Herridge, who is in a legal battle to protect sources of a 2017 Fox News story
Mark Stenberg / Adweek:
Axel Springer announces its first US leadership team, a 10-person group that includes Politico Europe co-founder Gabriel Brotman, a sign of its US ambitions
Bloomberg:
A look at Adobe's cautious gambit in developing Firefly after the soaring popularity of DALL-E and Midjourney, emphasizing brand safety and liability protection