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12:35 PM ET, April 9, 2024

Mediagazer

 Top News: 
Katie Robertson / New York Times:
Fortune names Anastasia Nyrkovskaya as its CEO, making her the first woman to lead the publication, taking over Alan Murray; she had been CFO and CSO since 2019  —  “The overarching goal for the company is growth,” Anastasia Nyrkovskaya said in an interview.Carly Zavala for The New York Times
Matt Stevens / New York Times:
How competition between states like Oklahoma and Texas to attract Hollywood productions is driving their subsidies higher, even with a poor return on investment  —  To attract movie and television production, states must try to offer the best incentives.  The competition drives spending on Hollywood subsidies ever higher.
Discussion: The Wrap
Axios:
South Carolina-Iowa women's NCAA title game drew 18.7M viewers on April 7, a new record for a women's college game and a five-year high for any basketball game  —  - Her star power helped make this women's basketball season the most-watched in fifteen years.
Alex Weprin / The Hollywood Reporter:
YouTube channel Dude Perfect raised $100M+ from Highmount Capital to build out their business in new areas and expand their core programming  —  The Dudes plan to use the cash infusion “to pursue bold new opportunities and projects” beyond traditional channels.
Charlotte Tobitt / Press Gazette:
News Corp reports The Sun revenue down 5% to £305.2M, losses down 48% to £65.9M in the year to July 2, 2023, The Times revenue up 3% to £385.8M, profit down 17%  —  2022/2023 financial results for Times Media, News Group Newspapers and News UK Broadcasting.
Discussion: The Guardian and Companies House
Aymann Ismail / Slate:
Q&A with Ido David Cohen, who covers Israeli media for Haaretz, about the new law banning foreign networks like Al Jazeera, its impact on Israeli outlets, more  —  Israeli Prime Minister Benjamin Netanyahu appears to be moving ahead with his pledge to ban Al Jazeera following the recent passage of a new law in the Israeli Knesset.
Kate Knibbs / Wired:
The Internet Archive is hosting the new Aruba Collection, which contains 101,376 items from Aruba's National Library, National Archives, and other institutions  —  By becoming the official custodian of an entire nation's history for the first time, the Internet Archive is expanding …
Meg James / Los Angeles Times:
LA Times names Terry Tang as executive editor, the first female editor in the paper's 142-year history; Tang has been interim executive editor since January  —  Terry Tang, who has been leading the Los Angeles Times newsroom since late January on an interim basis, has been formally named executive editor.
Max Kim / Los Angeles Times:
A look at South Korean President Yoon Suk Yeol's war on public broadcaster MBC and other media organizations in the name of fighting “fake news”  —  When police showed up last year at Im Hyun-ju's home in Seoul with a search warrant, the 43-year-old journalist watched in disbelief …
Discussion: @maxsoeunkim, Reuters and Fox News
Charlotte Tobitt / Press Gazette:
UK-based The News Movement's EIC and co-founder Kamal Ahmed leaves to join The Telegraph as director of audio, its second co-founder to leave in recent months  —  Ahmed, one of five co-founders of The News Movement, will co-host The Daily T with Camilla Tominey.
 
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 More News: 
Kaya Yurieff / The Information:
TikTok expands TikTok Lite, which gives people financial incentives to watch its videos, to Spain and France, as the app's growth in Europe slows
Washington Post:
Internal Kremlin documents from May 2022 to August 2023 show an ongoing campaign to promote American isolationism via fabricated news articles and social media
Charlotte Tobitt / Press Gazette:
Irish entrepreneur Michael O'Rourke brings UK news and lifestyle newsbrand Joe Media out of administration in a £3.6M deal, after a similar rescue deal in 2020
Discussion: The Sunday Times
 Earlier Picks: 
Claire Atkinson / The Media Mix:
Sources: The Overseas Press Club is split about naming a new award after Shireen Abu Akleh, the Palestinian-American journalist killed by an Israeli soldier
Bloomberg:
Nielsen data from 2021 to 2023: nine of the 10 most-watched streaming programs are reruns, but a majority of the 100 most popular titles are original series
Corey Hutchins / Inside the News in Colorado:
More than 30 Colorado newsrooms, led by COLab, launch a statewide initiative to better cover the 2024 US elections by focusing on voter concerns
Discussion: Media Nation
Sarah Perez / TechCrunch:
Spotify debuts AI Playlist in beta for its Premium users in the UK and Australia, letting Android and iOS users generate and revise playlists using text prompts
 

 
From Techmeme:

Javier Espinoza / Financial Times:
The EU opens a formal DSA investigation into Meta, to assess if Facebook, Instagram, and its other apps were reinforcing “rabbit hole” effects and other issues

Jez Corden / Windows Central:
Microsoft's decisions, like Start Menu ads, closing studios, porting AAA games to PS5, and seemingly pulling back on Surface show a short-term financial focus

Wall Street Journal:
Source: Microsoft is asking about 700 to 800 employees involved in its China-based AI and cloud computing operations to consider relocating to other countries
 
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