Top News:


Amid its proxy fight, Disney reveals the return on investment for its franchises: 9.9x for Frozen, 5.5x for Toy Story, 3.3x for Marvel, and 2.3x for Star Wars — The tentpoles have generated $11.6 billion and $13.2 billion in value, respectively, since their $4 billion acquisitions in 2009 and 2012
Discussion:
The Walt Disney Company, UPROXX and The Hollywood Reporter


The TikTok bill likely will spur a battle over the First Amendment and national security if it becomes law; TikTok's CEO vows to use the company's legal rights — The forced-sale measure has reinvigorated a debate over speech, national security and government power.
Discussion:
Fast Company, Techdirt, New York Times, The Verge, @kevinroose@threads.net, @the.book.lush@threads.net, @scottinsf@threads.net, @drewharwell@threads.net, @zerochillfactor@threads.net, Electronic Frontier Foundation, The Hill, New York Times, @tiktokpolicy, New York Magazine, @taylorlorenz@mastodon.social, Media Nation, NPR, BGR, Observer, Los Angeles Times, Gizmodo, Ars Technica, @drewharwell@mastodon.social, New York Post, 9to5Mac and Music Ally, more at Techmeme »
RELATED:


Houston Landing CEO Peter Bhatia names Austin-American Statesman Executive Editor Manny García as new editor in chief and Angel Rodríguez as managing editor — - Click to email a link to a friend (Opens in new window) … Manny García is the new editor in chief of Houston Landing …


Gumroad, an e-commerce company for creators, updates its rules to more strictly limit NSFW content, citing policies of payment processors like Stripe and PayPal — Gumroad, an e-commerce company for creators, updated its rules to more strictly limit NSFW content, citing restrictions from payment processors like Stripe and PayPal.


The family of slain Ukrainian journalist Oleksandra Kuvshynova files a wrongful death suit against Fox News, saying Fox didn't adequately protect the team — On the second anniversary of a young journalist's killing in Ukraine, her family filed a wrongful death lawsuit against Fox News …
Discussion:
The Wrap, The Daily Beast, Deadline, Los Angeles Times, Columbia Journalism Review, CNN and Fox News


CPJ calls on Pakistan authorities to release journalist Asad Ali Toor, return his devices, and cease harassing him for his work; he was arrested February 26 — Pakistan authorities must immediately and unconditionally release independent journalist Asad Ali Toor, return his devices …
Discussion:
@khushal_khattak, @iadnanaamir, @iadnanaamir, @pressmediax and Voice of America


Twitch plans to remove Prime Video Watch Party from April 2, 2024; Watch Party launched in 2020, allowing streamers to broadcast Prime Video content to viewers — Apparently people aren't too nostalgic for the days of hiding inside. — If you're one of the — apparently few …
Discussion:
Twitch Support, PCMag, Tubefilter and Dot Esports, more at Techmeme »


Deadspin's new owner, Lineup Publishing, shares an IP address with a Finnish casino spam blog and is hosted in Malta, which is known as an online gambling haven — I am so obsessed with trying to figure out who Deadspin's new owners are that it led me to some late night spam-blog sleuthing.


Latino leaders including former HUD Secretary Julián Castro write to LA Times owner Patrick Soon-Shiong to object to recent layoffs that hit Latinos hard — - The paper's new Latino vertical, De Los, was significantly affected. … - “(We are) deeply troubled by the recent decision …
Discussion:
Anthony Perez on LinkedIn, Valentina Pereda on LinkedIn, @christianarana and New York Times


American Library Association report says book challenges reached a record high on 4,240 in 2023, up from 2,571 in 2022 — Book challenges around the country reached the highest levels ever recorded by a library organization. — After several years of rising book bans …
Discussion:
News and Press Center, Publishers Weekly, The Hill, The Hollywood Reporter, News and Press Center, UPI and Axios


Sources: TikTok's US revenue hit a record $16B in 2023 while ByteDance saw revenue grow ~40% YoY to $120B in 2023 and recorded a $28B net profit — Parent company ByteDance on track to become world's biggest social media group with $120bn in global sales — TikTok has hit $16bn in sales in the US …
Discussion:
Fortune, New York Post and New York Times


Sources: RedBird IMI is leaning toward selling the Telegraph Media Group or it may bring in US investors to replace Abu Dhabi's cash — Venture between US-based RedBird and Abu Dhabi's IMI is aiming to recoup £600mn investment — RedBird IMI is leaning towards a full sale …
Discussion:
Bloomberg, The Guardian and Mediaite