Mediagazer: Sources: India's market regulator has found a $241M gap in Zee Entertainment's accounting (Bloomberg)

Lucas Manfredi / The Wrap:

Nielsen: US monthly TV viewership rose 1.4% YoY to a four-year high in January, which included three of the top 10 days with the most TV viewing since May 2021 — Monthly TV usage hit a four-year high in January 2024, according to Nielsen, with three of the top 10 days (Jan. 1, 14 and 28) …

Discussion: Nielsen, MediaPost, Radio & Television …, Cord Cutters News, @lucas_shaw, @lucas_shaw, Next TV, @tvgrimreaper, Deadline, @tvgrimreaper, The Hollywood Reporter and Deadline

Lauren Forristal / TechCrunch:

Nielsen: YouTube has been the top streaming service in the US for 12 consecutive months; YouTube says viewers watch 1B+ hours of YouTube per day on their TVs — Nielsen today released its January report on viewing usage across linear TV and streaming, which revealed that YouTube is once again …

Discussion: MediaPost, CNET, YouTube Official Blog, The Verge and Media Play News

Arijit Barman / The Economic Times:

Sources: Zee has re-engaged with Sony in a last-ditch attempt to revive their $10B merger, which had been called off on January 22; ZEEL closed up 7.93% — Zee Entertainment Enterprises has re-engaged with Sony Group Corp in a last-ditch attempt to revive their $10-billion merger.

Discussion: NBC Bay Area, Moneycontrol, ThePrint, Business Insider, NewsBytes, Livemint, News9live, Moneycontrol, ABP Live, News18, India Today, Free Press Journal, Business Standard, Hindustan Times, @arijitbarman76, India Today and Fortune India

Bloomberg:

Sources: India's market regulator has found a $241M gap in Zee Entertainment's accounting — - Diverted funds may be 10 times of what was estimated initially — Zee's merger with Sony's local unit was called off last month — India's market regulator has found a hole of more than $240 million …

Discussion: The Economic Times

Jacob Pramuk / CNBC:

Walmart agrees to acquire TV maker Vizio for $2.3B, or $11.50/share, to boost its ad business via Vizio's SmartCast OS, which lets users stream content with ads — - Walmart is buying TV maker Vizio for $2.3 billion in cash. — The move is a bid to boost the big-box retailer's high-margin ad business.

Rick Porter / The Hollywood Reporter:

HBO delays posting Last Week Tonight With John Oliver segments on YouTube for a few days after episodes premiere, to nudge more people to watch the show on Max — The delay in posting to the video site is intended to nudge more people to watch the show on Max.

Discussion: @iamjohnoliver, Variety, The Verge, @tvgrimreaper, @aagave, @tvgrimreaper, @ernie@writing.exchange, CarterMatt, Deadline, The Wrap, The Desk, TVLine, 9to5Google, Cord Cutters News and Decider

Blake Brittain / Reuters:

A US appeals court rules a $1B jury verdict from 2019 against Cox for users' music piracy was unjustified; a new trial to be held to determine suitable damages — Cox Communications [RIC:RIC:COXC.UL], the cable television and internet service provider, convinced a U.S. appeals court to throw …

Discussion: Wall Street Journal, Variety and Music Business Worldwide

Sara Fischer / Axios:

The New York Times is recruiting select advertising partners to test its new generative AI ad-targeting tool, which it plans to make widely available in H2 2024 — The New York Times is recruiting partners to test new ad-targeting solutions using generative artificial intelligence (GenAI) beginning next quarter, executives told Axios.

Discussion: The Wrap and @sarafischer

Bloomberg:

UMG pays $240M for a 25.8% stake in Chord, a company that owns 60K+ songs, giving UMG an outlet to invest in music catalogs without being the primary owner — - Chord was founded by KKR and the investment firm Dundee — Business controls copyrights to more than 60,000 songs

Discussion: Billboard, The Wrap, Reuters, The Information, The Hollywood Reporter and Music Business Worldwide

Georg Szalai / Hollywood Reporter:

Q&A with Monty Sarhan, CEO of European streamer SkyShowtime, on adding a cheaper ad-supported tier, not revealing subscriber numbers, cutting spending, and more — The European streaming joint venture of Comcast and Paramount is not cutting back because “the U.S. narrative is not our narrative …

Discussion: Media Play News

J. Kim Murphy / Variety:

Apple says Masters of the Air was Apple TV+'s most-watched series launch ever and viewership across the service rose 65% globally vs. the prior seven-day period — Steven Spielberg's Amblin Television, Tom Hanks and Gary Goetzman produced the streamer's high-flying hit

Discussion: The Streamable, @tvgrimreaper, @bubbaprog.ilovecitr.us, 9to5Mac and Screen Rant

David Satin / The Streamable:

Ampere Analysis: Disney has the biggest library of desirable titles at 148, followed by Paramount Global's 72; Netflix would be Disney's best licensing partner — Disney's catalog contains the highest number of titles that other streamers might find desirable, according to new data from Ampere Analysis.

Discussion: Broadband TV News, The Desk, The Hollywood Reporter and Media Play News