Mediagazer: Analysis: Temu and Shein are spending heavily on Facebook, X, and YouTube ads in the US; Temu placed ~1.4M ads globally on Google services in the past year (New York Times)

Sarah Scire / Nieman Lab:

Q&A with FT Group CEO John Ridding on the benefits of being owned by Nikkei, using AI in the newsroom and for engagement, US growth, and Big Tech's AI missteps — The FT has more than 1.4 million subscribers, including more than 1 million digital subscribers. About 20% are based in the United States.

Discussion: @worldeditors, Financial Times and @niemanlab

Bron Maher / Press Gazette:

FT executive Alexandra Calinikos says FT Ventures plans to make £30M in initial deployments, investing £500K to £5M in “information, intelligence, media” firms — FT becomes strategic investor in growing media companies. — FT Ventures, the recently-announced venture arm …

Discussion: Talking Biz News

Meg James / Los Angeles Times:

A jury finds Rust movie armorer Hannah Gutierrez guilty of involuntary manslaughter in the 2021 accidental shooting death of cinematographer Halyna Hutchins — Weapons experts and prosecutor witness Bryan Carpenter, explains in court that he found fault with Alec Baldwin's conduct and use of guns.

Discussion: NME, Fox News, Al Jazeera, Variety, Us Weekly, WTOL-TV, Deadline, Rolling Stone, NBC News, The Sun, Associated Press, Vanity Fair, Law & Crime, New York Times, TMZ.com, E! Online, Washington Post, New York Post, NPR, The A.V. Club, IndieWire, ABC News, SlashFilm, The Wrap and CBS News

Ben Markus / Colorado Public Radio:

Colorado Public Radio lays off 15, primarily in audio and podcast production, and spares the newsroom of cuts; staff grew from 48 in FY 2006 to 214 in FY 2022 — Colorado Public Radio laid off 15 employees this week, the largest cut to the public broadcaster's payroll in at least a quarter of a century.

Discussion: Radio Ink and @oddryhepburn@threads.net

Tatiana Siegel / Variety:

A look at Apple's studio business: sources say the company spent $700M+ of its reported $1B+ annual 2023 spend on just three films, which earned $466M combined — On March 10, the tech giant has 13 shots to take home an Oscar via two historical epics, “Killers of the Flower Moon” and …

Discussion: Business Insider, @pdergarabedian, @tatianasiegel27, GoldDerby and The Information, more at Techmeme »

New York Times:

Analysis: Temu and Shein are spending heavily on Facebook, X, and YouTube ads in the US; Temu placed ~1.4M ads globally on Google services in the past year — Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.

Discussion: Wall Street Journal, more at Techmeme »

Josh Marshall / Talking Points Memo:

News sites are closing due to the collapse of programmatic ad revenue; a case study of Talking Points Memo shows how subscriptions kept the site in business — Over the years I've written about structural problems in the digital news industry, often driven by the growth of platform monopolies and other issues.

Discussion: @fishertktk, @gbdonart, @joshtpm, @joshtpm, @joshtpm, @timbray@cosocial.ca, @joshtpm, @joshuamzeitz, @laurarbelin, @danb11 and Media Nation

Kasey Moore / What's on Netflix:

Netflix licenses the first season of the OnlyFans original series House of Sims, which debuted on OFTV in May 2023, in the UK — No, we're not making that up... House of Sims is coming to Netflix UK. — There are always headlines I have to write here at What's on Netflix …

Discussion: The Sun

Matthew Keys / The Desk:

Dish Media announces it has formed an advertising partnership with streaming service Philo, letting Dish Media clients purchase Philo's addressable ad inventory — Dish Media has formed a strategic, advertising-driven partnership with wallet-friendly general entertainment streaming service Philo, the companies announced on Wednesday.

Discussion: About DISH

Variety:

ITV reports 2023 external revenue down 3% YoY to £3.6B, ITV Studios revenue up 4%, digital revenue up 19% to £490M, linear ads down 15%, and ITVX MAUs up 19% — U.K. commercial broadcaster ITV's annual results for 2023 were revealed Thursday. — Total group revenue was down 2% …

Discussion: The Media Leader, The Guardian, ITV, Deadline and The Hollywood Reporter

Will Shanklin / Engadget:

Twitch details its 2024 plans: redesigning its mobile app for the first time since 2019 to add mod tools, the ability to upload short videos, and more — It promises “a more modern, immersive viewing experience” later this year. — Twitch is redesigning its mobile app for the first time since 2019.

Discussion: TechCrunch, The Verge and PRWeek, more at Techmeme »

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.

Discussion: Digiday, @jeffjarvis, @eriqgardner, @risj_oxford, @silmonn, @jbhavan, @ismaelnafria, Jeff Jarvis on LinkedIn, Dan Horowitz on LinkedIn, Paul Quigley on LinkedIn, Katie Carroll on LinkedIn, Heather Harder on LinkedIn, Michael Learmonth on LinkedIn, CBS News, Media Voices and The Sun, more at Techmeme »