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Dylan Byers / @dylanbyers:
Sources: NBC News plans to drop Ronna McDaniel as a paid contributor following on-air revolt from NBC/MSNBC talent; McDaniel is seeking legal representation — SCOOP @PuckNews: NBC NEWS plans to drop ex RNC-chair Ronna McDaniel as a paid contributor following on-air revolt from NBC/MSNBC talent. Execs are deliberating over details; announcement pending. Meanwhile, McDaniel is seeking legal representation. Full details, scoops &...
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Washington Post:
A member of Qatari royal family invested ~$50M in Newsmax in 2019, 2020; sources: before and after the deal, staffers were urged to soften coverage of Qatar — Before and after the investment, senior newsroom leaders urged Newsmax staff to soften coverage of Qatar, current and former employees said
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Daria Mosolova / Financial Times:
BBC Director General Tim Davie calls for license fee reform as part of a broader strategy to turn the national broadcaster into a more commercial operation — Director-general says ‘fundamental questions’ need to be asked as corporation battles flagging demand
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Bailey Lipschultz / Bloomberg:
Trump Media & Technology Group shares jumped up to 58% to hit $78.80 on its trading debut before the Nasdaq briefly halted trading, following the DWAC merger — - Trump Media & Technology Group operates Truth Social — Deal provides a windfall on paper for the former president
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Sam Meredith / CNBC:
A UK court grants Julian Assange permission to appeal his US extradition, unless the US provides “satisfactory assurances” on certain issues within three weeks — WikiLeaks' founder Julian Assange leaves Westminster Magistrates Court in London, Britain.
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Alexandra Steigrad / New York Post:
Source: G/O Media CEO Jim Spanfeller told staff The A.V. Club and The Takeout have been sold; Paste bought The A.V. Club and Static Media bought The Takeout — G/O Media, the struggling company that recently sold Deadspin, is shopping popular humor site The Onion and continued its fire sale …
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Max Goldbart / Deadline:
The BBC has “no plans” to use AI again to promote Doctor Who, after the marketing team used AI “as part of a small trial” to help draft emails and notifications — The BBC has “no plans” to use AI again to promote Doctor Who after receiving complaints from viewers.
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Murray Stassen / Music Business Worldwide:
UMG strikes a 10-year distribution deal with K-pop management agency Hybe; UMG also will invest in and further collaborate with Hybe's superfan platform Weverse — HYBE has struck what it calls an expanded long-term agreement with Universal Music Group (UMG).
Reuters:
Bertelsmann reports 2023 revenue down 0.4% YoY to €20.2B, meeting est., profit up 26% YoY to €1.3B, and lowers its 2026 outlook, as it slims down its business — German media group Bertelsmann (BTGGg.F) on Tuesday lowered its outlook for 2026 and now targets revenue of around 21 billion euros …
Frederic Lardinois / TechCrunch:
Adobe launches GenStudio to let brands create content and measure its performance using generative AI, underpinned by promises of brand safety — Brands want to use generative AI to personalize their marketing efforts — but they are also deathly afraid of AI going off message and ruining their brand.
Wall Street Journal:
The NFL says the opening week Friday night game will be exclusive to NBC's Peacock, and Prime Video secured exclusive rights for a 2024-2025 season playoff game — Brazil game is part of league's effort to expand international presence, have more games not played on Sunday afternoons
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Mark Stenberg / Adweek:
Political news site Splinter relaunches, three months after it was acquired by Paste Magazine from G/O Media; Splinter has been dormant since November 2019 — The political news publisher Splinter relaunched Tuesday morning, three months after it was acquired by Paste Magazine in a package deal …
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