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11:50 AM ET, April 22, 2024

Mediagazer

 Top News: 
Ian Youngs / BBC:
Huw Edwards, the BBC news anchor who has been off air since July 2023 after reports that he paid a young person for explicit images, resigns on “medical advice”  —  Huw Edwards has presented major national events for the BBC including general elections and the funeral of Queen Elizabeth II
Ben Smith / Semafor:
Sources: Axel Springer sees the WSJ as a “top acquisition target”; CEO Mathias Döpfner pushed to fire BI's Nic Carlson after Bill Ackman's pushback on coverage  —  The WELT-Wirtschaftsgipfel is a major moment in the German business calendar — and in particular for its host, the media giant Axel Springer.
Washington Post:
Analysis: the 25 most-cited US news organizations lost 75% of their Facebook engagement and 58% of their Instagram interactions between Q1 2022 and Q1 2024  —  Waves of layoffs and policy shifts are forcing campaigns to change tactics, potentially transforming the 2024 election
Andrew Marchand / The Athletic:
Sources: NBA is seeking new contracts that are at least a decade long with streaming as the main distribution method; Amazon Prime Video, Peacock are contenders  —  In TV rights negotiations, the NBA is seeking new decade-long — or longer — contracts that will alter how it traditionally delivers games …
Lucas Shaw / Bloomberg:
The hangover from the Hollywood strikes has lasted longer than anyone anticipated, as studios, networks, and streaming services simply aren't buying as much  —  Everyone was supposed to get back to work once two strikes concluded last year, but the hangover has been longer than anyone anticipated.
Alexandra Topping / The Guardian:
The BBC plans to invest £6M in AI to make its educational offering BBC Bitesize more personalized and interactive, hoping to attract future licence fee payers  —  Hopes investment to make Bitesize more personalised and interactive will attract future licence-fee payers
Discussion: @sauthoff.bsky.social
Michael Msika / Bloomberg:
PE firm Blackstone offers ~$1.5B to purchase Hipgnosis, about 7% higher than the bid made earlier this week by Concord to which Hipgnosis' board had agreed  —  - Competition heats up for Blondie, Kaiser Chiefs catalog owner  — Hipgnosis already recommended Apollo-backed Concord's offer
Matt Burgess / Wired:
Researchers: files on a misconfigured North Korean server hint local animators worked on upcoming Prime Video and HBO Max TV shows, possibly via a Chinese front  —  Thousands of exposed files on a misconfigured North Korean server hint at one way the reclusive country may evade international sanctions.
Stephanie Kaloi / The Wrap:
New York passes a first-of-its-kind employment tax credit plan to support independent news outlets in the state, offering $30M in yearly credits for three years  —  The plan aims to support independent news organizations with three years of funding  —  The New York state Legislature passed …
 
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 More News: 
New York Times:
How TikTok has influenced US culture and shaped Hollywood, news, music, shopping, political campaigns, national security, and more
Clara Aberneithie / Press Gazette:
A look at The Cool Down, a climate-focused news outlet that makes $5M in programmatic advertising per year and aims to reach $12M per year in 2025
Charlotte Klein / Vanity Fair:
The Trump campaign has denied press credentials for several reporters, often after tough questions or articles; in 2016, it denied them for entire news outlets
Sharon Knolle / The Wrap:
Sesame Workshop writers reach a tentative deal with management, narrowly avoiding a strike; the 35 WGA members will vote to ratify the deal in the coming days
 Earlier Picks: 
Lola Fadulu / New York Times:
Nicholas Welker, leader of a white supremacist group who admitted to posting a death threat against a Brooklyn journalist, is sentenced to 44 months in prison
Nathan Grayson / Aftermath:
The New York Times' thriving games business prompts others to try to replicate its success, such as with Hearst's acquisition of Puzzmo, but games coverage lags
Jay Allred / @jayallred651:
[Thread] The California Journalism Protection Act is good for big media and hedge funds like Alden, but not for indie local outlets like the Richland Source
Andrew Beaujon / Washingtonian:
Interviews with over a dozen current and former WAMU staffers and contractors show management's contradictory, unclear messaging about its closure of DCist
Emma Roth / The Verge:
Post.News, the news-focused social platform launched in 2022 that offered micropayments to publishers, is shutting down after failing to grow “fast enough”