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2:30 PM ET, March 1, 2024

Mediagazer

 Top News: 
Bloomberg:
Meta plans to deprecate the Facebook News tab in the US and Australia in early April 2024 and stop signing deals for traditional news content in those countries  —  Meta Platforms Inc. is winding down its news feature in the US and Australia, part of a broader shift away from the category for the social media giant.
RELATED:
Ivan Mehta / TechCrunch:
Threads says it will make its API broadly available to developers by June and is currently testing it with some partners, including Techmeme and Hootsuite  —  Meta-owned social network Threads said today that it will make its API broadly available to developers by June.
Associated Press:
A US district judge holds Catherine Herridge in civil contempt for refusing to divulge her source for Fox News stories about a scientist investigated by the FBI  —  A federal judge held veteran investigative reporter Catherine Herridge in civil contempt on Thursday for refusing to divulge …
The Intercept:
A controversial NYT report claiming Hamas weaponized sexual violence on Oct. 7 relied heavily on an ex-Israeli intelligence officer with no reporting experience  —  American Media Keep Citing Zaka — Though Its October 7 Atrocity Stories Are Discredited in Israel
RELATED:
Charlotte Klein / Vanity Fair:
Sources: NYT managers launched a leak probe after The Intercept revealed internal debate over a yet-to-air episode of The Daily about Hamas and sexual violence
Laura Hazard Owen / Nieman Lab:
An interview with Chris Moran, the Guardian's head of editorial innovation, about its new “Deeply Read” list, which uses an “active time spent” ranking metric  —  The No. 1 most-clicked story on The Guardian's U.S. site right now: “Alabama IVF ruling leaves Republicans stuck between …
Ashley Carman / Bloomberg:
Amid a market correction in podcasting, the biggest stars still get eight- and nine-figure contracts, while rank-and-file employees push for union protections  —  While mega-deals come roaring back, rank-and-file podcasters are seeking basic labor protections  —  Welcome back to Soundbite.
Drew Harwell / Washington Post:
Co-founders of Trump Media file a suit claiming Trump and others tried to dilute their stake in the company; the case could complicate Trump Media's SPAC merger  —  The case could complicate a long-delayed bid by the owner of Truth Social to go public — and deliver former president Donald Trump a financial lifeline
Naman Ramachandran / Variety:
BBC Studios buys British broadcaster ITV's 50% stake in streamer BritBox International for £255M, as ITV focuses on its ad-funded streaming service ITVX  —  The streamer was founded in 2017 as a joint venture between BBC Studios, which is the commercial arm of the British broadcaster, and ITV.
Etan Vlessing / The Hollywood Reporter:
FuboTV reports a $71M Q4 net loss, down 26% YoY, global revenue up 28% YoY to $410.2M, $370M from subscriptions, 1.61M subscribers in North America, up 12% YoY  —  David Gandler called out the upcoming Disney, Fox and Warner Bros. Discovery venture as his sports streamer hit 1.61 million subscribers and shrank its fourth-quarter loss.
Arpan Chaturvedi / Reuters:
The Disney-Reliance merger would create a TV player that dominates cricket in India: Disney has IPL TV broadcast rights and Reliance has IPL streaming rights  —  A proposed merger of Walt Disney's and Reliance's media assets in India could spark intense antitrust scrutiny over their market power …
Discussion: Variety, Digital Journal, CNN and TechCrunch
 
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 More News: 
Maggie Harrison Dupré / Futurism:
Wikipedia editors lowered CNET's source reliability rating after CNET used AI to create articles and are discussing reliability of other Red Ventures outlets
Jacquelyn Melinek / @jacqmelinek:
As announced earlier, TechCrunch ends paid subscriptions for TechCrunch+ on March 1, and all previously paywalled articles will be publicly available
 Earlier Picks: 
Alyssa Boyle / AdExchanger:
Vibe.co, a self-serve platform that lets SMBs buy video ads on streaming services, raised a $22.5M Series A led by Singular, bringing its total funding to ~$30M
Discussion: TechCrunch
Associated Press:
Russia detains Novaya Gazeta EIC Sergei Sokolov for allegedly discrediting Russian army; he became EIC in 2023 after Dmitry Muratov was named a “foreign agent”
Anto Antony / Bloomberg:
Sources: Sony made multiple filings in India to pull out a pact to merge its India operations with Zee Entertainment