Top News:
Javier Espinoza / Financial Times:
The EU Commission fines Apple €1.8B for stifling competition from rival music streaming services, the EU's third-largest antitrust fine; Apple plans to appeal — iPhone maker hit by first-ever Brussels fine as competition watchdogs step up scrutiny of Big Tech
Discussion:
European Commission, Spotify, The Verge, TechCrunch, The Drum, Business Insider, AppleInsider, TechCrunch, Bloomberg, @om, Mercury News, CNN, Ad Age, Mark Shaw on LinkedIn, @willoremus, TechCrunch, Media Play News, CityAM, CNBC, Advanced Television, @lisaocarroll, CBS News, @sarafischer, @eu_commission, @carnage4life@mas.to, CMU, @samuelstolton, Imprisoned for llama crimes, Federica Tremolada on LinkedIn, @pkafka, @vestager, @lisaocarroll, Wall Street Journal, Deadline, Music Ally, New York Times, Semafor, VentureBeat, The Hollywood Reporter, Fox Business and The Wrap, more at Techmeme »
RELATED:
Apple:
Apple says Spotify was the “primary advocate” and “biggest beneficiary” of the EU's ruling, Spotify pays Apple nothing, and that “free isn't enough for Spotify” — CUPERTINO, CALIFORNIA Today, the European Commission announced a decision claiming the App Store …
Discussion:
Fast Company, The Information, Deezer Newsroom, 9to5Mac, @timsweeneyepic, Wired, TechCrunch, Digital Music News, BleepingComputer, The Hill, @ugambini, @raulpesch, AppleInsider, @danielpunkass@mastodon.social, Al Jazeera, @bostoenfriso, @florian4gamers, @lewis_crofts, @oliverhaslam@mastodon.social, Music Business Worldwide, Music Ally, @zach_cer, @james@bne.social, New York Post, BGR, Rolling Stone, Variety, Open Web Advocacy, The Verge and Spotify, more at Techmeme »
Lucas Shaw / Bloomberg:
While HBO hit streaming DTC profitability under David Zaslav, via licensing to Netflix, slashing marketing, layoffs, and more, WBD's stock is down 25%+ YTD — They chased Netflix and then they cut costs. Neither has worked. — Good afternoon from Las Vegas; I am here for The Netflix Slam …
Discussion:
Fox Business, @lucas_shaw, Appleosophy, @lucas_shaw, @masasoncap, @lucas_shaw and @tvgrimreaper
RELATED:
Lucas Manfredi / The Wrap:
Warner Bros. Discovery plans to start cracking down on Max password sharing later this year with a wider rollout in 2025, joining rivals Netflix and Disney+ — The streamer's paid sharing initiative will launch later this year, with a broader rollout in 2025
Discussion:
Cord Cutters News, Next TV, Yahoo Finance, @thestreamable, @iamadequate_, @culturecrave, The Streamable, BGR, @lucas_shaw and 9to5Mac
Laura Wagner / Washington Post:
The NewsGuild of New York accuses the NYT of targeting staff with Middle Eastern or North African backgrounds in a investigation into October 7 coverage leaks — In a letter to the publisher, a union leader said the leak probe has singled out employees ‘for their national origin, ethnicity and race’
Max Goldbart / Deadline:
Ofcom has “significant concerns about GB News' editorial control of its live output” after finding GB News in breach over Laurence Fox's misogynistic comments — Ofcom has said it has “significant concerns about GB News' editorial control of its live output” …
Discussion:
Ofcom, Variety, Financial Times, @alistaircoleman, Advanced Television, The Guardian, @parody_pm, @drmatthewsweet, Mediaite, Broadband TV News, HuffPost and Press Gazette
Sophie Culpepper / Nieman Lab:
Report for America, the nonprofit that placed 600+ reporters in newsrooms since its 2017 launch, is “phasing out” partnerships with hedge fund-owned outlets — Since Report for America was founded in 2017, the nonprofit has placed more than 600 reporters in local newsrooms around the country …
Discussion:
journal-isms.com and @ernie.tedium.co
Financial Times:
Microsoft files a motion to dismiss The NYT's copyright lawsuit, accusing it of “doomsday futurology” for predicting that ChatGPT could ruin the news business — Tech group and OpenAI investor files motion to dismiss case alleging copyright infringement
Marty Swant / Digiday:
NewsGuard adds AI-assisted tools for early detection of election-related misinformation, with exclusion lists for advertisers that want to avoid such misinfo — NewsGuard, the news rating service, is adding more automation tools as it works to track misinformation efforts ahead of the 2024 elections.
Discussion:
NewsGuard, Journalism.co.uk, @martyswant and AdExchanger
Bron Maher / Press Gazette:
An interview with Mehdi Hasan about his new media company Zeteo, which he says has gained “thousands more” paid subscribers than expected in its first week — Hasan said focusing on subscribers, not advertisers, is “better for business”. — Mehdi Hasan has told Press Gazette …
Discussion:
@matt_walsh, @ernie.tedium.co, Zeteo, The Hill and WNYC Studios
Bron Maher / Press Gazette:
Semafor launches a Global Election Hub; Ben Smith says the hub will feel like what Twitter “used to do well” as readers look for “human editorial judgment” — Editor Ben Smith said the hub could do something that Twitter “used to do well”.
Discussion:
Semafor, @semaforben, @pressgazette and Semafor
Ax Sharma / BleepingComputer:
An India-based content farm impersonates 60+ major media outlets, including the BBC and CNN, reposting articles and selling advertorial slots for press releases — BleepingComputer has discovered a content farm operating some 60+ domains named after popular media outlets, including the BBC …
Discussion:
Ax Sharma on LinkedIn and @BleepingComputer …