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6:05 AM ET, February 21, 2024

Mediagazer

 Top News: 
CNBC:
Lawsuit document: FuboTV sues Disney, Fox, and WBD over their planned joint venture in sports streaming, citing “extreme suppression of competition”  —  - FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced sports streaming joint venture, according to a copy of the lawsuit obtained by CNBC.
Will Sommer / Washington Post:
Five alleged neo-Nazis held flares and made “sieg heil” gestures outside the NC home of Raw Story reporter Jordan Green, who was investigating extremist groups  —  The chilling visit to Raw Story reporter Jordan Green's home represents an increasingly common tactic by extremist groups
Rebecca Rubin / Variety:
Sony Pictures Entertainment strikes a deal to manufacture, distribute, and market Disney's DVD, Blu-ray discs, and other physical media in the US and Canada  —  Disney is outsourcing a big piece of its home entertainment division to Sony Pictures Entertainment, which will manufacture …
Reuters:
Indonesia issues a regulation requiring digital platforms, including Facebook and Google, to pay media outlets that provide them with content  —  Indonesian President Joko Widodo said on Tuesday he had signed a regulation requiring digital platforms to pay media outlets that provide them with content …
HouseFresh:
How some big publishers are inundating the web with subpar product recommendations without testing the products, and how Google is helping them through inaction  —  And why you shouldn't trust product recommendations from big media publishers ranking at the top of Google
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) …
RELATED:
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.
RELATED:
Bloomberg:
Sources: India's market regulator has found a $241M gap in Zee Entertainment's accounting
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.
Patrick Brzeski / The Hollywood Reporter:
Q&A with Disney President of Asia-Pacific Luke Kang on the Asian entertainment business, evolving Disney's streaming strategy, growing Disney+, ads, and more  —  Luke Kang shares how the media giant has come to its streaming strategy for the region and his current views on major content markets like China, South Korea and Japan.
Brishti Basu / CBC News:
Canada's Local Journalism Initiative, which gave $50M over five years for journalists' salaries, expires March 31, with no word on whether it will be renewed  —  After mass layoffs across country's largest news outlets, independent publications await news of their fate
Nate Ostiller / The Kyiv Independent:
Russia labels RFE/RL an “undesirable organization”, following an earlier decision by Russian tax authorities to begin bankruptcy proceedings against the outlet  —  Russia labeled Radio Free Europe/Radio Liberty (RFE/RL) an “undesirable organization,” the outlet reported on Feb. 20, citing Russia's Justice Ministry.
Discussion: Voice of America
Filip Timotija / The Hill:
Former CNN anchor and senior political analyst John Avlon files to run in New York's 1st Congressional District, after leaving the network two weeks ago  —  Former CNN Anchor John Avlon filed to run for Congress after leaving the news network two weeks ago.
 
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 More News: 
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
 Earlier Picks: 
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
Discussion: Media Play News
Jude Rogers / The Guardian:
Q&A with BBC Disinformation & Social Media Correspondent Marianna Spring on her book Among the Trolls, being the target of 80% of BBC's online abuse, and more
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple and OpenAI are preparing a major announcement of their partnership at WWDC; the new AirTag with a better chip is scheduled to arrive by mid-2025

Wall Street Journal:
Sources: US officials have told Google, Meta, and others about concerns that undersea cables could be vulnerable to tampering by China-owned repair ships

Emma Agyemang / Financial Times:
Around 58 countries now offer a digital nomad visa, as governments compete with each other to attract talent; the number of US digital nomads hit 17.3M in 2023
 
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