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3:05 PM ET, February 15, 2024

Mediagazer

 Top News: 
Drew Harwell / Washington Post:
The SEC approves Truth Social's SPAC merger with DWAC; Trump's stake in the post-merger company would be valued at more than $4B at today's price  —  The former president's stake in the post-merger company would be valued, at today's share price, at nearly $4 billion.
Anne Steele / Wall Street Journal:
Sources: Rod Stewart sold his music and publishing catalog for ~$100M to Iconic Artists Group, which says it has raised $1B+ for future catalog investments  —  Investors pour billions of dollars into companies pursuing music-rights deals  —  Rod Stewart, the star behind such hits as …
Alexandra Alter / New York Times:
The National Book Awards expand eligibility to noncitizens in the US, including immigrants and longtime residents who have made their home in the country  —  The awards, which celebrate the best of American literature, are expanding the definition of who qualifies.
Oliver Darcy / CNN:
Meta seems unable to define political content, vaguely mentioning laws, elections, and social topics, after saying Threads would not amplify political content  —  What constitutes “political” content?  —  It's an important question that Meta has conspicuously left unanswered …
RELATED:
The Information:
Sources: Meta is reducing payments to news outlets that fact-check potential WhatsApp misinformation, such as around elections, and has cut CrowdTangle funding
Daniel Thomas / Financial Times:
Sources: The Independent is in talks to assume control of BuzzFeed in the UK and Ireland under a licensing deal for its brands, including HuffPost  —  British media group to take charge of local operations of start-up once seen as future of the industry  —  The Independent, the British media group …
Emma Roth / The Verge:
Meta plans to start charging a 30% fee for boosting Facebook and Instagram posts on iOS later in February, after Apple extended its 30% cut to boosting in 2022  —  Meta said Thursday that it will start charging a 30 percent fee when advertisers pay to boost the visibility of their posts in Facebook's and Instagram's iOS apps.
Bloomberg:
Sources: the US DOJ plans to scrutinize the streaming service proposal by Disney, Fox, and WBD over concerns it could harm consumers, rivals, and sports leagues  —  - Concerns likely focused on pricing, sports league negotiations  — Antitrust enforcers have blocked cable bundles in past cases
Discussion: Cord Cutters News
Charlotte Tobitt / Press Gazette:
How Swiss outlet Blick gained 16,000+ subscribers since June 2023 by using a registration wall and summaries teasing the content of some walled-off articles  —  A registration wall launched in the run-up to the premium offer was a “key element” to a strong launch.
Committee to Protect Journalists:
Senegalese police attacked, harassed, and tear gassed or detained over 25 journalists reporting on February 9 protests over the delayed presidential election  —  Senegalese authorities must identify and hold accountable police officers who attacked, harassed, and tear gassed or detained …
Sahil Patel / The Information:
Sources: Vox Media's and Bustle Digital Group's revenue each fell ~15% YoY due to weaker ad sales; both have seen a 10% rise in ad sales so far in 2024  —  Advertising is no country for small digital media firms.  —  Vox Media, the privately held firm that owns outlets such as New York magazine …
Georg Szalai / Hollywood Reporter:
TelevisaUnivision reports Q4 revenue fell 7% YoY to $1.36B and adjusted OIBDA fell 7% YoY to $468.1M; streamer ViX had 7M+ subscribers at the end of 2023  —  About 2024, the Spanish-language media giant's CEO Wade Davis says, “we are poised to capture a massive U.S. political opportunity …
 
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Bloomberg:
Court filings show that Soros Fund Management could become the biggest shareholder of Audacy when the radio and podcast company emerges from bankruptcy
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Andrew J. Hawkins / The Verge:
The US NHTSA suggests easing rules allowing for fully driverless cars and urges companies operating driverless cars to share more data for greater transparency
 
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