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
Discussion:
Talking Biz News, Observer, MediaPost, The Wrap, Fortune, @pressgazette and Benjamin Curry on LinkedIn
Aisha Malik / TechCrunch:
YouTube adds shopping features, including creator-curated product lists for users to browse called Shopping Collections and a hub with info on commission rates — YouTube announced on Tuesday that it's launching new Shopping features that allow creators to curate shoppable collections …
Discussion:
YouTube Official Blog
Walter Hickey / @walthickey:
Robinhood launches its independent media brand Sherwood News, with Joshua Topolsky as editor-in-chief — Today we launched Sherwood News! Here's some of the features we launched today!
Discussion:
Axios, @manvbrain, @ranimolla, @nicolebarbosapr and @joshuatopolsky
John Reed / Financial Times:
The BBC splits off its India operations to create a new independent media company, Collective Newsroom, following regulatory scrutiny over its Modi documentary — Move follows controversy about Modi documentary, which was labelled a ‘propaganda piece’ by New Delhi
Discussion:
NDTV, @christopherkay, @jonathancmunro, The Indian Express and Newslaundry
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.
Discussion:
Plain Dealer, @espnpr, Barrett Media, Sports Business Journal, Associated Press, AOL News, TheStreet, USA Today, Washington Post, Sports Illustrated, ESPN, CNBC, The Daily Caller, @sarafischer, @murphykeith, @wnba, @jemelehill, @cbrennansports, The Hollywood Reporter, The Daily Iowan, The Wrap, The Walt Disney Company, Awful Announcing, Sportico, Front Office Sports, Fox News, Reuters, Sports Media Watch, New York Post, TVLine, Deadline and Forbes
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.
Discussion:
The Hill, The Wrap, Variety, CNBC, @kurtstadelman, Axios, Deadline, Tucker Brown on LinkedIn, Dude Perfect, Sportico and Chad Coleman on LinkedIn
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