Top News:
New York Times:
Like Gannett, McClatchy plans to stop using The AP's news feed, publishing no AP content after March 31; McClatchy will continue to use AP election results data — The Associated Press said the decisions by the two major newspaper chains “would not have a material impact on our overall revenue.”
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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”
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Tim Baysinger / Axios:
ESPN has signed a six-year extension worth $7.8B to remain the sole TV partner for the College Football Playoff through the 2031-32 season — The network's current agreement was set to expire after the 2026 final. — Starting this coming season, the CFP will expand from four to 12 teams.
Bron Maher / Press Gazette:
FT Strategies survey of news workers: reaching a diverse audience ranks fourth in priority behind growing digital subscriptions, engagement, and revenue streams — Management and junior staff have differing views on the barriers to diverse newsrooms. — Diversity and inclusion are …
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
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The i Paper, Telegraph, Sky News, Reuters, Agence France-Presse, Nasdaq, The Times, Bloomberg and Arab News
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
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.
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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 …
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
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 2023 — 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, @lucas_shaw, The Hollywood Reporter, Bloomberg, Variety and WORLD SCREEN
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.
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."
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Mariah Castañeda on LinkedIn and @suhaunah
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