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
Discussion:
CNBC, Next TV, @fasulo_chris, @maffei_fake, @stopthecap and @lucas_shaw
Jess Jones / City A.M.:
Sesamy, launched by Acast co-founders to let users in Sweden and Denmark purchase single articles or podcasts as a one-time transaction, plans to expand to UK — Could one-off articles and podcast purchases be the future of publishing? That's the vision of the co-founders of Acast …
Discussion:
@johnspurlock, @rasmus_kleis and Benjamin Webb on LinkedIn
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 …
Discussion:
The Hollywood Reporter, Variety, The Streamable, @xpangler, The Wrap and Deadline
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
Discussion:
@docrussjackson, @justicetrousers, @catrollo, @adrian_warner, @michaellcrick, @paulmarsha11 and Mediaite
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.
Discussion:
@pandemona@threads.net, @pandemona@threads.net and @pandemona@threads.net
Georg Szalai / Hollywood Reporter:
Ampere Analysis: streaming revenue will overtake pay TV subscription revenue in the US for the first time in Q3 2024, helped by streamers' addition of ad tiers — Total streaming revenue will hit $17.3 billion, topping $16.7 billion from pay TV, in the third-quarter of 2024, predicts research firm Ampere Analysis.
Discussion:
Next TV, The Wrap, @mtfiii, The Streamable, The Desk, Media Play News, Broadband TV News and WORLD SCREEN
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 …
Discussion:
@rachelrwithers, @ianpmcleod, @markdistef, @pollyanna_04, @matt_levinson, @john_macgowan, @chris_dengate, Crikey, Mumbrella and Sydney Morning Herald
Helen Bushby / BBC:
British film censors change the age rating for the classic 1964 film Mary Poppins from U to PG citing “discriminatory language” — Mary Poppins, the classic film starring Julie Andrews, has had its age rating raised by British film censors because it features “discriminatory language”.
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
Discussion:
Variety, Los Angeles Times, The Hollywood Reporter and Deadline
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
Discussion:
Pluralistic, @lfitzmaurice, @doctorow, @doctorow, @doctorow, @doctorow, @jason, @sorayamcdonald@threads.net, @jeremymbarr, @davidclinchnews, @tvgrimreaper, @mjgault, @ninastarner, @adamjkovac, @sarahscire, @sharonwaxman, @nick_kapur, @nina_metz, @juliaccarpenter, @defectormedia, Business of Fashion, CBS News, Slate, MobileSyrup, @quillmatiq@threads.net, Ian Greenleigh on LinkedIn, Gail J. Cohen on LinkedIn, 404 Media, @KarlBode@masto.ai, WWD, TVNewsCheck, CNN, CMU, Raw Story, Press Gazette and @jswatz.bsky.social
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.
Discussion:
@themarkrussell, @viveklath, @lucas_shaw and Lucas Shaw on LinkedIn
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:
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