Top News:
Deadline:
Disney's president of motion pictures, Sean Bailey, steps down; Searchlight's David Greenbaum takes over as president of Live Action and 20th Century Studios — EXCLUSIVE: Effective immediately, Walt Disney's President of Motion Picture Studios Sean Bailey, who turned the company's animation vault …
Discussion:
Wall Street Journal, Los Angeles Times, Variety, New York Times, IndieWire, The Hollywood Reporter, The Playlist, @mattbelloni and The Wrap
Kate Knibbs / Wired:
Two ex-Meta employees find an AI clickbait network linked to a Polish IT company, which is “domain squatting” on URLs, including Iowa's Clayton County Register — When two former Meta employees dug into why the website of Iowa's Clayton County Register was spewing dubious posts about stocks …
Discussion:
Sandeep A. on LinkedIn, @seoconspiracy and Anthony Eastin on LinkedIn
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:
Benjamin Webb on LinkedIn, @johnspurlock and @rasmus_kleis
Lauren Forristal / TechCrunch:
Whoopi Goldberg-backed BLKFAM, a FAST 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:
Variety, The Hollywood Reporter, NewscastStudio, @xpangler, @thestreamable, The Streamable, The Wrap, The Desk, @pauline98476699 and Deadline
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, The Desk, @fasulo_chris, @maffei_fake, @stopthecap, @lucas_shaw and Next TV
Alexandra Topping / The Guardian:
The BBC says it will bolster its procedures for dealing with non-editorial complaints, after finding shortcomings in dealing with a complaint about Huw Edwards — Corporation launched review into complaints procedure after scandal about presenter last year
Discussion:
The Independent, Deadline and Hollywood Reporter
Emily Smith / The Wrap:
Sources: Don Lemon agrees to separate with CNN in a ~$24.5M deal, the full pay from his final contract, which extended 3.5 years from his ousting in April 2023 — Don Lemon, the former prime time host of CNN has finally agreed a deal to separate with the network.
Discussion:
New York Post, Page Six, @yashar, @justinbaragona and r/Journalism
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:
The Streamable, Next TV, IndieWire, @mtfiii, Media Play News, Broadband TV News, The Desk and WORLD SCREEN
Inside Radio:
Kagan: in 2023, radio industry revenue totaled $15.15B, down 1.5% from $15.39B in 2022, and there were $212.5M worth of radio deals, down 35.6% YoY from $329.9M — Faced with a pullback in advertiser spending last year, radio's hustle paid off. Thanks to a mix of revenue streams …
Discussion:
RADIO ONLINE, S&P Global and Radio & Television …
Nilay Patel / The Verge:
Q&A with Crunchyroll president Rahul Purini about the streamer's focus on anime, working with creators in Japan, competing with Netflix, future plans, and more — The head of the fast-growing streaming service discusses the Funimation merger and shutdown and where he sees growth in anime.
Discussion:
Ars Technica and Gizmodo, more at Techmeme »
Jon Passantino / CNN:
The New York Times says Donald Trump has paid $392,000 to the paper to cover the legal costs from his failed lawsuit over disclosure of his tax documents — Donald Trump has paid $392,000 to The New York Times to cover the legal costs from his failed lawsuit against the newspaper …
Discussion:
The Daily Beast
Max Tani / Semafor:
A profile of influencer Jessica Reed Kraus, as Trump, RFK Jr., and other campaigns court her to reach her 1M Instagram followers and 300K Substack subscribers — The News — One week in January, Jessica Reed Kraus attended Donald Trump's Iowa victory afterparty at the Hotel Fort Des Moines …
Discussion:
@karavoght, @maxwelltani, @meridithmcgraw and @semaforben