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10:15 AM 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:
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 …
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 …
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
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
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 …
Wall Street Journal:
Sources: Pete Distad, who was in charge of Apple's video and sports businesses, is among the top CEO candidates for the Disney/Fox/WBD streaming venture  —  Planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package
Discussion: @dylanbyers and The Desk
Foo Yun Chee / Reuters:
TikTok plans to launch an in-app local language Election Centre in March 2024 in all 27 EU countries, to fight misinformation ahead of the Parliament elections  —  ByteDance-owned social media platform TikTok said on Wednesday it will ramp up its fight against fake news and covert influence operations …
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  —  Several CBS News reporters were caught up in layoffs at Paramount Global that claimed 800 jobs, including one who is embroiled …
RELATED:
Todd Spangler / Variety:
Memo: Paramount starts layoffs to reduce costs; sources say ~800 employees, or an estimated 3% of its headcount, are getting cut across all divisions
 
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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
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
 Earlier Picks: 
Leo Schwartz / Fortune:
Source: DCG sold CoinDesk to crypto exchange Bullish for between $70M and $80M cash in November 2023, after acquiring the publication for $500K in January 2016
Ernesto Van der Sar / TorrentFreak:
A US judge says OpenAI must face a claim of violating CA unfair competition law by using copyrighted books, but dismisses some claims like DMCA violations
Georg Szalai / The Hollywood Reporter:
Q&A with Marc Jury, the CEO of African streamer Showmax, on doubling down on originals, working with Comcast, the appeal of the English Premier League, and more
Discussion: Rest of World