Top News:
Natalie Korach / The Wrap:
In a memo, Gannett Chief Content Officer Kristin Roberts says the publisher will stop publishing AP content on March 25 “to invest further in our newsrooms” — The company will end its legacy AP premium subscription beginning March 25, and “redeploy more dollars toward our teams”
Becky Quick / CNBC:
George Lucas backs Bob Iger in the proxy battle between Disney and activist investor Nelson Peltz; sources say Lucas is Disney's largest individual shareholder — - Filmmaker and Hollywood legend George Lucas is endorsing Walt Disney CEO Bob Iger in the bitter proxy battle launched by activist investor Nelson Peltz.
Discussion:
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Foo Yun Chee / Reuters:
EU DMA hearing: a Meta lawyer says Meta offered to cut its EU monthly subscription for Facebook and Instagram from €9.99 to €5.99 to address regulatory concerns — Meta Platforms (META.O) has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros …
Daniel Thomas / Financial Times:
The UK plans to refer RedBird's Telegraph takeover for an in-depth review, giving it more time to change the law to formally block the deal in the next months — Culture secretary ‘minded to refer’ deal involving British media group to Competition and Markets Authority
Discussion:
The i Paper, Agence France-Presse, Telegraph, Sky News, Arab News, Bloomberg, Reuters, The Times and Nasdaq
Deadline:
Prime Video unveils a slate of 69 new Indian original TV shows and films, and says India had the highest percentage of Prime Members stream Prime Video in 2023g — India has driven subscribers to Amazon than any other country bar the U.S. over recent years, according Head of Prime Video & Amazon MGM Studios Mike Hopkins.
Discussion:
The Streamable, The Hollywood Reporter, WORLD SCREEN, @lucas_shaw, Variety and Bloomberg
Sophie Culpepper / Nieman Lab:
A look at LA Public Press, a nonprofit local news site that publishes three to five original stories weekly and pays eight full-time staffers the same $84K/year — “I don't think there's a circumstance where if you can just twist the dials the right way it's going to unlock lots and lots of earned revenue from a big subscriber base."
Discussion:
Mariah Castañeda on LinkedIn and @suhaunah
Committee to Protect Journalists:
Poland has reportedly detained four Ukrainian journalists who were investigating Poland's trade with Russia; two were detained on February 27 and two on March 7 — Polish authorities should refrain from detaining members of the press reporting on topics of public interest …
Discussion:
@farnakyboy
New York Times:
Trump sues ABC and George Stephanopoulos for defamation over Stephanopoulos's on-air remarks that Trump had been found liable for raping E. Jean Carroll — The lawsuit stems from the anchor's recent contentious interview with Representative Nancy Mace. — Former President Donald J. Trump filed …
Discussion:
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Washington Post:
Drone footage and interviews with witnesses and colleagues raise questions about Israeli justification for striking two members of an Al Jazeera crew — JERUSALEM — On Jan. 7, the Israeli military conducted a targeted missile strike on a car carrying four Palestinian journalists outside Khan Younis, in southern Gaza.
Graciela Mochkofsky / New York Times:
The cost of a journalism education has become an insurmountable barrier for just the kind of people the industry needs most; j-schools need to go tuition free — Many uncertainties haunt the field of journalism today — among them, how we can reach our audience, build public trust in our work, and who is going to pay for it all.
Sara Fischer / Axios:
Baltimore Banner CEO Bob Cohn says the outlet is planning a geographical expansion, has 44K subscribers, and half of 2024 revenue will come from subscriptions — - He previously led subscription expansions as president of both The Economist and The Atlantic.
Discussion:
@dicktofel and @kyoshino
Stuart Dredge / Music Ally:
Spotify: in 2023, 66K artists received $10K+, up from 57K in 2022, with 50%+ from non-English speaking countries, while 11,600 got $100K+, and 1,250 got $1M+ — - Click to email a link to a friend (Opens in new window) — Every year, Spotify updates its Loud & Clear website with new data about its music payouts.
Discussion:
Observer, Music Business Worldwide, @eldsjal, @duboff, @spotifyartists, CMU, Variety, Associated Press and Spotify
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