Top News:
Justin Baragona / The Daily Beast:
G/O Media sells Deadspin to European company Lineup, which won't keep the sports news outlet's staff; CEO Jim Spanfeller says G/O didn't actively shop Deadspin — The beleaguered media company has sold its key sports property off to a European publisher who will gut the website and replace its staff.
Discussion:
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Rick Porter / The Hollywood Reporter:
Nielsen: the 96th Oscars averaged 19.5M viewers in the US, up 4% YoY, the biggest audience for any awards show since 2020, when the Oscars drew 23.64M viewers — The 96th Academy Awards draw 19.5 million viewers, the most for any awards show since 2020. — The 2024 Oscars were the most watched in four years.
RELATED:
Steve Dent / Engadget:
Netflix won only one Oscar award, for Wes Anderson's short film, and Apple TV+ won zero, despite 32 combined nominations; Universal won big with Oppenheimer
Discussion:
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Associated Press:
Mstyslav Chernov's 20 Days in Mariupol won the Oscar for best documentary, a first for AP and PBS' Frontline
Discussion:
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Meg James / Los Angeles Times:
In a video, Disney warns shareholders that adding Nelson Peltz and former Disney CFO Jay Rasulo to the company's board would be “disruptive and destructive” — Walt Disney Co. is stepping up its campaign against activist investor Nelson Peltz, warning shareholders in a new video that it would be …
Sara Fischer / Axios:
The Associated Press plans to launch AP Buyline, a product recommendations site powered by Taboola, on March 18, part of plans to attract more consumer revenue — - The company, which has historically made most of its money from licensing its content to other media organizations …
Reuters:
Getty, Reuters, AP, the AFP, and other news outlets withdraw a photo issued by the UK's Princess of Wales, after analysis suggested the photo had been altered — Several leading news organisations have withdrawn a photograph issued by Kensington Palace of Kate, Britain's Princess of Wales …
Discussion:
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Todd Spangler / Variety:
Warner Bros. Discovery renews its multiyear agreement with movie distributor GKids to extend Max's exclusive US streaming rights for Studio Ghibli films — Hayao Miyazaki's “The Boy and the Heron,” which just won the Oscar for feature animated film, is streaming to Max in the U.S.
Discussion:
The Streamable, The Wrap, UPI, Deadline, Media Play News, Polygon, The Hollywood Reporter and UPROXX
Dan Kennedy / Media Nation:
Saga Communications, which owns radio stations in 27 markets, is planning to launch local news sites in 18 of them by the end of Q2 — This one comes in via former WBZ Radio (AM 1030) news director Peter Casey, who's now a communications consultant and part of the team at the local startup Winchester News.
Discussion:
@margotsusca and Inside Radio
Sara Fischer / Axios:
Sources: Apollo Global Management has reached out in recent days to a special committee formed by Paramount Global about a possible takeover or asset purchase — - That rival group, which includes private equity firms KKR and RedBird Capital Partners, is evaluating an all-cash bid for Paramount's parent …
Discussion:
The Streamable, The Wrap, @jyarow and @tvgrimreaper
Justin Baragona / The Daily Beast:
Dan Wakeford, former editor-in-chief of The Messenger and People, is named editor-in-chief of Us Weekly — ‘PROVEN TRACK RECORD’ — Dan Wakeford, the editor-in-chief of defunct “centrist” news site The Messenger, has landed a new job: Top editor of Us Weekly.
Discussion:
New York Post, Press Gazette and PR Newswire
Brooks Barnes / New York Times:
A profile of Donna Langley, NBCUniversal's chief content officer and studios chairwoman, who has led Universal to creative dominance and commercial supremacy — Under Donna Langley's leadership, Universal has managed the rare feat of achieving creative dominance and commercial supremacy at the same time.
Discussion:
@thehofstatter, IndieWire, The Wrap and The Hollywood Reporter
Cath Virginia / The Verge:
Q&A with Mona Chalabi about winning a Pulitzer for her in-depth reporting about Jeff Bezos' wealth, using data visualization to tell a story, and more — Finding the human stories behind the numbers. … A bloodied press jacket. A body shrouded in white.
Financial Times:
Thomson Reuters CEO Steve Hasker says the group has $8B to spend on AI acquisitions and investments, to transform its businesses of supplying professional data — Media and data group will develop its own technology and scoop up targets with AI capabilities
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