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4:15 PM ET, February 26, 2024

Mediagazer

 Top News: 
Bloomberg:
Sources: Charter Communications is exploring a takeover of smaller rival Altice USA, which serves ~5M customers across 21 US states; Altice stock is up 50%+  —  - Charter working with advisers on pursuing smaller rival  — Both firms have suffered with surge in wireless competition
Lauren Forristal / TechCrunch:
BLKFAM, a free, ad-supported streaming service focused on Black families, launches in the US with 1,000+ hours of kid-friendly animation titles and more  —  BLKFAM is a free, ad-supported, Black-focused family streaming service launching today to give Black Americans access to more than 1,000 hours …
Sarah Perez / TechCrunch:
News reader Particle.news, which uses AI to summarize articles and aims to fairly compensate authors and publishers, enters private beta  —  A team led by former Twitter engineers is rethinking how AI can be used to help people process news and information.
The Guardian:
Former TV news executives and others criticize Ofcom for allowing GB News to violate broadcasting impartiality rules by dragging its feet with investigations  —  Ofcom is accused of not treating all broadcasters the same and of dragging its feet with investigations into the rightwing channel
Sam Buckingham-Jones / Australian Financial Review:
Australian businessman Kerry Stokes launches The Nightly, a daily online newspaper with backing from billionaires Katie Page, Chris Ellison, and Gina Rinehart  —  Billionaires Katie Page, Chris Ellison and Gina Rinehart are the key backers of Kerry Stokes' new daily online newspaper …
Natalie Korach / The Wrap:
NBCUniversal names Gemma Garcia to lead Telemundo's news division as executive VP of news; most recently, she was the head of news at Spain's RTVE Play  —  The veteran news executive will report directly to chairman of NBCUniversal Telemundo Enterprises Luis Fernández
Scott Nover / Slate:
Websites that shut down make it hard for journalists to preserve writing clips, but maintaining a defunct site creates technical issues including security risks  —  Vice workers scrambled this week to save their work, just in case.  Would keeping it online really cost so much?
RELATED:
Chris Thompson / Defector:
Vice leadership failed to act as responsible stewards of a good product, and instead paid themselves lavish salaries and burned through hundreds of millions
Columbia Journalism Review:
A profile of Dale Anglin, first director of Press Forward, a philanthropic effort to invest $500M over five years in local news and aiming to raise $500M more  —  Dale R. Anglin has spent more than twenty years in the nonprofit sector, channeling millions of dollars to social service organizations.
Bloomberg:
While Netflix is profitable in South Korea, local rivals Tving and Wavve lost a combined ~$165M in 2023 and are reportedly in talks to merge  —  After years of pumping out hit shows, South Korea's biggest media companies are cutting back and consolidating to survive a global pullback in entertainment.
Max Goldbart / Deadline:
UK's Ofcom delivers its roadmap for implementing the Media Bill, saying regulation of streaming services will not come into place in full for two years  —  Streamer regulation in the UK will not come into place in full for two years, Ofcom said today.  —  Delivering its roadmap for implementing …
Discussion: Broadband TV News
Patrick Frater / Variety:
France's Canal+ Group says it has increased its stake in Asian streaming platform Viu to 30%, worth ~$300M, and retains an option to increase its stake to 50%  —  UPPING THE ANTE  —  France's Canal+ Group said that it has increased its stake in multi-territory Asian streaming platform Viu to 30%.
Discussion: Deadline and Broadband TV News
 
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 More News: 
Lauren Feiner / The Verge:
A preview of the NetChoice cases to be argued at SCOTUS on February 26, about the constitutionality of Texas and Florida laws regulating social media content
Chris Welch / The Verge:
Three years after Spotify's original announcement that it would launch a higher-quality audio subscription, the company has yet to roll out the feature
 Earlier Picks: 
Amie Parnes / Vanity Fair:
A journalist tells how Jimmy Finkelstein wooed her to The Messenger, reassured staff two months before closure, and left her without a promised severance
Check My Ads Institute:
Paste co-founder and EIC Josh Jackson, whose company bought Jezebel in November 2023, says that overly broad brand safety efforts are hurting journalism