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7:50 AM ET, March 6, 2024

Mediagazer

 Top News: 
Todd Spangler / Variety:
At a tech and media conference, Bob Iger says Disney is working to catch up with Netflix's tech capability and downplays the effects of activist investors  —  CEO says Nelson Peltz's activist investor proxy fight ‘designed to distract us’; reveals studio has ‘killed a few’ movie projects
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.
Chris Welch / The Verge:
Tidal plans to combine its HiFi and HiFi Plus plans into a single $10.99/month “Tidal” plan, below HiFi Plus' $19.99/month; students will still pay $4.99/month  —  Tidal seems to have decided that there just aren't enough people willing to pay upward of $20 per month for the highest-possible audio fidelity.
Daniel Thomas / Financial Times:
Discussion: Deadline and @danielthomasldn
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
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 …
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.
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 …
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
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  —  Mr Wootton's name no longer features in the channel's list of presenters on its website  —  Dan Wootton is out at GB News …
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 More News: 
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
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
 Earlier Picks: 
A. G. Sulzberger / Reuters Institute:
The NYT publisher's 2024 Reuters Memorial Lecture: journalistic independence, the Ukraine and Israel-Hamas wars, trans issues, being open to criticism, and more
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
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
 

 
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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