Mediagazer: In response to the EU's ruling, Spotify submits an app update for the EU to provide pricing info within its iOS app and link users to its subscription options (Emma Roth/The Verge)

12:05 AM ET, March 6, 2024

Top News:

Emma Roth / The Verge:

In response to the EU's ruling, Spotify submits an app update for the EU to provide pricing info within its iOS app and link users to its subscription options — Spotify isn't going to launch the in-app purchases it previously planned for the European Union, at least right now.

Emma Roth / The Verge:

A US judge upheld parts of a National Music Publishers' Association's copyright lawsuit against X and dismissed the claim that X engaged in direct infringement — The music labels suing Twitter — now X — for copyright infringement can move forward with parts of their lawsuit.

Discussion: Billboard, Reuters and US District Court, Middle District of Tennessee, more at Techmeme »

Peter Kafka / Business Insider:

Elon Musk's Tesla, which had been famous for shunning advertising, is now running ads on YouTube, TikTok, and Elon Musk's X; the ads started in early 2024 — - Elon Musk owns X, formerly Twitter, which has an advertising problem. — Musk controls Tesla, which famously didn't buy advertising until very recently.

Discussion: @sawyermerritt, @annmlipton@esq.social, @jyarow, Electrek, @annmlipton, @dangillmor@mastodon.social and @pkafka

Apple:

Apple adds transcripts to Apple Podcasts, which let listeners read and search the text of the episode, available in English, French, Spanish, and German — Transcripts offer full-text display for each episode, making podcasts more accessible and immersive than ever before

Discussion: Dyllon Young on LinkedIn, @rustyhammer.bsky.social, 9to5Mac, Dan Misener on LinkedIn, Allie Primak on LinkedIn, RedCircle Blog, The Apple Post, Ted Hosmann on LinkedIn, The Verge and Digital Trends, more at Techmeme »

Naman Ramachandran / Variety:

EY report: the Indian media and entertainment industry grew 8% YoY to $27.9B in 2023; TV shrank 2% YoY to $8.3B due to advertising declining by 6.5% YoY — The Indian media and entertainment industry grew 8% in 2023 to reach a value of $27.9 billion, according to the annual EY report released during …

Discussion: Business Standard and Financialexpress

Amy Maclean / Cablefax:

C-SPAN is searching for a new CEO as co-CEOs Rob Kennedy and Susan Swain step down this year; VP of Finance Matt Deprey will replace Kennedy as CFO — C-SPAN has started searching for a new CEO with longtime co-CEOs Rob Kennedy and Susan Swain stepping down this year, Cablefax has learned and confirmed.

Discussion: The Desk, @cspansusan, The Hollywood Reporter, Amy Maclean on LinkedIn and Deadline

The Verge:

YouTube star Hank Green interviews The Verge EIC Nilay Patel about the pressure from algorithms, giving work away for free, AI, the fediverse, and more — On this special episode of Decoder, Complexly co-founder and YouTuber Hank Green turns the tables on Nilay Patel.

Discussion: @waxy@xoxo.zone

Sara Fischer / Axios:

NTWRK CEO says the company plans to fold its brand and business into Complex and form Complex NTWRK, less than two weeks after acquiring Complex for $108.6M — - The parent company that owns Complex will be called Complex NTWRK, but that will be the only place the NTWRK brand exists.

Discussion: Megan Rall on LinkedIn

Ben Glickman / Wall Street Journal:

Ad company Entravision says Meta plans to wind down its authorized sales partner program and end its relationships with all ASPs, including Entravision, by July — ASPs are extensions of Meta's sales teams that have local presences in various countries — Meta Platforms plans to wind …

Discussion: Inside Radio and Radio & Television …

Mia Sato / The Verge:

TikTok moves its Creativity Program out of beta, rebranding it as Creator Rewards Program, which requires videos to be longer than a minute to be monetized — A year ago, TikTok introduced a new way for creators on the platform to make money: make longer videos.

Discussion: Tubefilter, TikTok and Fox Business, more at Techmeme »

Chris Roush / Talking Biz News:

Former Rolling Stone EIC Noah Shachtman is returning to Wired as a contributing editor, where he worked in the same capacity from 2006 to 2013 — Katie Drumm, global editor in chief of Wired, send out the following on Tuesday: — Hi All — I'm very, very excited to share …

Discussion: @noahshachtman@threads.net, @maxwelltani, @katiedrumm@threads.net, The Desk and MediaPost

David Pierce / The Verge:

Google rolls out new changes to its Search ranking to help surface good content, downrank content that summarizes others' work, and more, as AI content spreads — Google is rolling out a few new changes to its ranking systems in search, which are designed to help surface good content …

Discussion: The Keyword, Gizmodo, Wired, Fast Company, @hoonofthe.day, Ars Technica, @waxy@xoxo.zone, Lily Ray on LinkedIn, TechCrunch and @itnewsbot@schleuss.online, more at Techmeme »

Daniel Thomas / Financial Times:

Filing: GB News owner All Perspectives has been forced to provide a further £41M in funding to cover operating costs, and is now owed £83.8M by GB News — Vehicle backed by hedge fund tycoon Paul Marshall steps in as right-leaning broadcaster increases number of staff

Discussion: Advanced Television and Broadband TV News

Bron Maher / Press Gazette:
GB News reports year to May 2023 revenue up 80% YoY to £6.7M, losses up 38% YoY to £42.4M, for £76M in losses since 2021, and 295 staff, up from 175 in May 2022

Discussion: @carolvorders, @otto_english, @rasmus_kleis, @seaninsound, @jamesrbuk, The Independent, Nick Manning on LinkedIn and Mediaite

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Tara Cobham / The Independent:
Presenter Dan Wootton says he's left GB News to launch an independent platform after Ofcom ruled misogynistic comments made on his show broke broadcasting rules

Discussion: Sky News, Mediaite, BBC, Dan Wootton Outspoken, @danwootton, Broadband TV News, The Guardian, PA Media, Byline Times, Financial Times and HuffPost

Dan Primack / Axios:
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A. G. Sulzberger / Reuters Institute:
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Elizabeth A. Harris / New York Times:
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Matthew Weaver / The Guardian:
TalkTV plans to close down its linear TV channel in early summer 2024 and go online only, weeks after Piers Morgan left his daily show on the channel

Discussion: @mediaguido, @scottygb, @mediaguido, Bloomberg, The Daily Beast, Mediaite, Press Gazette, Financial Times, Deadline, The i Paper, Guido Fawkes, Telegraph, TVBEurope, Metro.co.uk, The Media Leader and Advanced Television

Earlier Picks:

Jesse Whittock / Deadline:
Source: Amazon Prime Video plans to lay off less than 5% of its staff across its European offices, as part of a restructure impacting Europe, MENA, and Africa

Discussion: The Desk

Bloomberg:
Vivendi's Canal+ increases its bid for South Africa's MultiChoice by almost a fifth, valuing MultiChoice's shares at $2.9B, and enters exclusive takeover talks

Discussion: Deadline, WORLD SCREEN and TVBEurope

Daniel Thomas / Financial Times:
Reach reports FY 2023 revenue down 5% YoY to £568.6M, pre-tax profit down 45% YoY to £36.7M, and digital page views down 24% YoY due to Meta's 2023 news rules

Discussion: Press Gazette and Reach plc

Jane Elizabeth / Nieman Lab:
A look at the Chicago Public Media merger with Chicago Sun-Times two years later: newsroom and staff compensation grew, Sun-Times dropped paywall, and more

Discussion: American Press Institute, Holly Edgell on LinkedIn and @philmeyer@newsie.social

Clara Aberneithie / Press Gazette:
An interview with ITN CEO Rachel Corp, who says the news cycle has become “absolutely relentless”, taking a toll on the mental health of journalists

From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever

Wall Street Journal:
Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised

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