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12:20 PM ET, March 6, 2024

Mediagazer

 Top News: 
Sara Fischer / Axios:
An interview with LinkedIn EIC Dan Roth on investing in journalism and news, work with over 400 news publishers globally, launching a podcast network, and more  —  - Unlike Facebook and X, traffic referrals to news publishers have increased slightly from LinkedIn over the past three years, per Similarweb.
Will Sommer / Washington Post:
Road & Track magazine quietly pulls a piece by socialist writer Kate Wagner covering an F1 race in Austin in a trip funded by UK petrochemicals company INEOS  —  Editors for Road & Track aren't saying why they yanked Kate Wagner's story from the website shortly after it published
Alex Weprin / The Hollywood Reporter:
CNBC expands its Make It personal finance brand with new ventures like a weekly TV series and online classes, and says Make It is its largest vertical  —  A ‘Make It’-branded TV series and an online course are among the projects in the works.  —  CNBC is expanding its presence …
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
Bloomberg:
Sources: Paramount Global is in discussions to sell its minority stake in Viacom18 in India to Reliance  —  - Reliance, Disney agreed to merge India media units last month  — Global giants have struggled to grow in India in recent years  —  Paramount Global is in discussions to sell …
Discussion: Media Play News and @lucas_shaw
Max Goldbart / Deadline:
The UK announces an extended indie movie tax credit for films that have budgets between £1M and £15M, along with business rates relief for big studios  —  The UK government is to introduce an extended indie movie tax credit for films that have budgets between £1M and £15M …
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 …
 
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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
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
 Earlier Picks: 
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
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
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
 

 
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

GovTech:
US DHS issues guidance on adopting AI in critical infrastructure, identifying AI-driven attacks, targeted attacks on AI systems, and design flaws as core risks

 
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