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6:30 AM ET, March 7, 2024

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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
Reuters:
Spotify plans to raise its prices in France due to a new tax law that adds a 1.2% tax on streaming companies' revenue to help finance local music creation  —  Swedish streaming service Spotify (SPOT.N) on Thursday said it would increase its prices in France due to a new tax, which it argued would fail to accomplish its intended goal.
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.
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 …
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.
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.
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
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.
 
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 More News: 
Hayden Field / CNBC:
Patronus AI releases CopyrightCatcher and says OpenAI's GPT-4 produced copyrighted content on 44% of prompts in its test of AI models for copyright infringement
Todd Spangler / Variety:
WBD plans to shut down Rooster Teeth after failing sell the unprofitable fandom, gaming, and comedy entertainment unit, resulting in layoffs of ~150 employees
Will Sommer / Washington Post:
Road & Track magazine pulls a 5,000-word article by socialist writer Kate Wagner that skewered the F1 racing scene; source: EIC Daniel Pund ordered it pulled
 Earlier Picks: 
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
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