Mediagazer: Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am (Murray Stassen/Music Business Worldwide)

7:35 PM ET, April 24, 2024

Top News:

Lauren Feiner / The Verge:

President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20 — The divest-or-ban bill is now law, starting the clock for ByteDance to make its move. The company has an initial nine months …

Discussion: CNBC, Wall Street Journal, Morten Rand-Hendriksen on LinkedIn, @tiktokpolicy, Washington Post, The White House, Bloomberg, The Guardian, New York Times, CNN, Sydney Morning Herald, India Today, @alexheath@threads.net, DJ Mag, @jw@threads.net, @hankgreen, Dexerto, @cinemasai_, @maxwinebach, @adamkovac, Tom's Guide, @yashar, @themaxburns, Bloomberg, Wall Street Journal, KnowTechie, Android Authority, @ldrogen, Neowin, @mattontech@mastodon.sdf.org, Semafor, Benzinga, NBC News, @alexbarinka, Newsweek, @rlheinrichs, Florida Politics, Mothership.SG, @tomwarren, Digital Music News, @munster_gene, @kyurieff, PetaPixel, @deedydas, @potus, @lanceulanoff, @blackleftaf, BGR, @michaelsobolik, Business Insider, @aripap, Variety, Engadget, Social Media Today, TechCrunch, @repdancrenshaw, Total Telecom, @alexgrayforok, Rolling Stone, The Independent, 9to5Mac, XDA Developers, @jameeljaffer, The Information, @michaelsobolik, Financial Times, @viacristiano, Mastodon, Infosecurity, Forbes, @nathanleamerdc, @djvlad, London Evening Standard, @jeromysonne, Politico, @viacristiano, @michaelsobolik, Silicon UK, Kiplinger.com, Music Business Worldwide, @kellymakena, @therecount, @ezeekat@threads.net, Comic Book, Wired, @drjessmaddox, Far Out Magazine, Australia & World, @deanbaker13, KnowTechie, @alyssafarah, Semafor, PR Daily, @aghamilton29, Android Police, GSMArena.com, @steventdennis, Android Headlines, PCMag, Tubefilter, Axios, @tiktokpolicy, @mtracey, Bloomberg, @ddimolfetta, One Man & His Blog, The Guardian, @carnage4life, @mkraju, @brendancarrfcc, @danprimack, Android Headlines, Fast Company, AppleInsider, ComingSoon.net, The Daily Beast, CNN, The Indian Express, Reuters, @NeoNacho@mastodon.social, The Daily Beast, Neowin, Wired, The Register, Engadget, The Wrap, GB News, Mumbrella, Gizmodo, MediaPost, South China Morning Post, New York Daily News, The Hill, The Verge, CBS News, r/politics, r/popculturechat and Beehaw, more at Techmeme »

Alex Barinka / Bloomberg:

Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees divestiture as a last resort — - China's ByteDance faces deadline to sell app under new US law — Company braces for legal fight against divest-or-ban efforts

Foo Yun Chee / Reuters:
TikTok is suspending the rewards program in TikTok Lite while it tries to resolve EU concerns about the potentially addictive nature of the program for children

Discussion: Engadget, The Hill, Associated Press, The Verge, The Information, The Guardian, @vestager, Euractiv, @tiktokpolicyeur, Social Media Today, Silicon UK, @stokel, @thierrybreton, Bloomberg, The Register, CMU and Fortune, more at Techmeme »

Will Oremus / Washington Post:
Meta, Google, Snap, and Amazon all benefit from the US TikTok ban; Mark Zuckerberg criticized TikTok's Chinese roots in 2019, part of Meta's broader campaign

Discussion: Fast Company, Inside Radio, Los Angeles Times, The Hill, The Atlantic, WFAA-TV, The Sun, @willoremus@mastodon.social and The Indian Express, more at Techmeme »

M.G. Siegler / Spyglass:
Whether TikTok is banned or not, this is the end as we know it for the loss-making app, which may lose focus due to advertiser, creator, and staff uncertainty

Discussion: Reuters, Wired, CNBC and Business Insider, more at Techmeme »

Casey Newton / Platformer:
Legal scholars discuss how the TikTok divestment bill could survive a First Amendment challenge and why the US will likely rely on a national security argument

Discussion: MediaPost, Social Media Today, Light Reading, Music Ally, Wired, @digiphile, @crumbler@threads.net and @kevintgates@threads.net, more at Techmeme »

Meta Investor Relations:

Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.

Discussion: Fast Company, New York Times, Variety, Social Media Today, @edludlow, The Information, Financial Times, Wall Street Journal, Reuters, Deadline and The Hollywood Reporter, more at Techmeme »

Ashley Capoot / CNBC:

Meta's stock drops 15%+ as the company issues a light Q2 revenue forecast and higher FY 2024 capital expenditures due to increased AI infrastructure investments — Mark Zuckerberg, CEO of Meta, testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child …

Discussion: Fortune, more at Techmeme »

New York Times:

Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push — NPR employees tuned in for a pivotal meeting late last year for a long-awaited update on the future of the public radio network.

Discussion: @benmullin, @davidfolkenflik, @benmullin and @benmullin

Alexandra Bruell / Wall Street Journal:

An interview with NPR CEO Katherine Maher, who defends NPR and accuses critics of “bad faith distortion” of her past comments about the First Amendment — Katherine Maher said controversy stemming from an editor's essay criticizing the radio network has been a distraction

Discussion: Inside Radio, @edbmarsh, The Hill and @jonathanturley

Murray Stassen / Music Business Worldwide:

Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am — In February, Robert Kyncl - CEO of Warner Music Group - confirmed that WMG was in active discussions to sell its ‘owned and operated’ media properties UPROXX and HipHopDX.

Discussion: UPROXX Studios, Forbes, Maria Weaver on LinkedIn, The Hollywood Reporter and Digital Music News

Winston Cho / The Hollywood Reporter:

The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info — The FTC on Tuesday voted to prohibit noncompete provisions in contracts, which could usher in a sea change to worker mobility …

Discussion: Wall Street Journal, Federal Trade Commission, Fortune, WOOD-TV, Nicholas Macdonald on LinkedIn, CBS News, Jamie Olson on LinkedIn, Garth Stevens on LinkedIn, Harry Cosgrove on LinkedIn, Steve Katcher on LinkedIn, @carnage4life, @bryanranderson, @quinnypig, Amy Barnes on LinkedIn, @cjjsaez, @ftc, Adam Taft on LinkedIn, Sang Park on LinkedIn, Reuters, Semafor, Peter Dziedzic on LinkedIn, Girish Nadkarni on LinkedIn, @gergelyorosz, @ftc, Peter Williams on LinkedIn, New York Times, Engadget, @reporterashley, Todd Saunders on LinkedIn, @bongcapital, Alan Lasky on LinkedIn, The Register, Owais Durrani on LinkedIn, Jeffery Commaroto on LinkedIn, @nick_bunker, Phil Cooper on LinkedIn, Wesley Kennedy-Sita on LinkedIn, Michael Shea on LinkedIn, STAT, Washington Post, @katachora@hachyderm.io, @lexfri@hachyderm.io, The Hill, @stevestreza@indieweb.social, @geerlingguy@mastodon.social, @karabaic@mastodon.social, @tacertain@infosec.exchange, @LLS@wandering.shop, @MisuseCase@twit.social, Sportico, Deadline, Variety, Wired, HousingWire, The Information, HuffPost, Gizmodo, New York Daily News, Ad Age, Fast Company, CNN, The Verge and KING-TV, more at Techmeme »

Tom Jones / Poynter:

How the Columbia Daily Spectator, the independent student newspaper of Columbia University, is covering the tense protests over the Israel-Hamas war — The Columbia Daily Spectator has expertly documented tense protests over the Israel-Hamas war inside and outside the campus.

Discussion: Columbia Journalism Review, Wall Street Journal, Jacobin, The Indian Express, @nicdawes, @will_bunch, @poynter, Why Evolution Is True, @mukta_jo, @samaakhu, GQ, The Hill, The Philadelphia Inquirer, New York Times, The Daily Beast and The Present Age

Will Sommer / Washington Post:

The founder of The Gateway Pundit says its parent company is filing for Chapter 11 bankruptcy, as it faces lawsuits claiming it promoted bogus election claims — Gateway Pundit, the popular far-right blog, is filing for bankruptcy as it faces lawsuits alleging it promoted bogus claims …

Discussion: HuffPost, CNN, The Guardian, The Gateway Pundit, Mediaite, @asfleischman, @checkmyads@threads.net and @yonetteajoseph@threads.net

Manish Singh / TechCrunch:

Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals — JioCinema, the popular Indian on-demand video streaming service, introduced a new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents.

Discussion: The Media Leader, Reuters, Variety, Bloomberg and The Indian Express

E. Alex Jung / New York Magazine:

A profile of Mehdi Hasan, whose aggressive interviewing helped him get an MSNBC show, as he now embraces the “canceled” label to launch his Zeteo substack — Mehdi Hasan's aggressive interviewing style landed him a Sunday show on MSNBC. Until he started talking about Palestine.

Discussion: @acrosshertable, @mehdirhasan, @arjafi, @nick_field90, @roolockwood, @wajahatali, @roxana_hadadi, @gazelleemami, @bilgeebiri, Adweek, @e_alexjung, @freddydeknatel, @hkanji, The Daily Beast, @mehdirhasan, @e_alexjung and @madelesque

Archived Page Info:

This is a snapshot of Mediagazer at 7:35 PM ET, April 24, 2024.

View the current page or another snapshot:

Who's Hiring in Media?

Accounting Specialist Editor, Remote US — Reuters

Senior Correspondent - Wealth, NY — WSJ

Asia Credit Reporter, Seoul — Bloomberg

Senior Editor, DC — National Geographic

Sr. Social Media Specialist, NC — espnW

Associate Editor - Aviation, TN — Firecrown

Assistant Editor - Digital, NC — SBJ

Video Producer - YouTube, NY — Morning Brew

Senior Managing Ed. - Daily Desk — The Athletic

Content Managing Editor — Freedom Forum

Editor, MA — Nieman Reports

Team Editor - Breaking News, ON — Toronto Star

Senior Reporter & Event Host, NY/CA — Newcomer

Associate Editor, Remote — Tech Policy Press

Retail Reporter, MN — Star Tribune

Senior Data Editor, DC — U.S. News

Managing Ed. - Berks County, PA — Spotlight PA

News Editor - UK, Remote — The Verge

Staff Writer, TX — Dallas Observer

Multimedia Journalist, PA — Observer-Reporter

Service Journalism Editor, CA — Sacramento Bee

Content Director, Remote — Campaigns & Elections

Sports Reporter, ME — Bangor Daily News

Los Angeles Issues Reporter, CA — CalMatters

Reporter - Middle East — Rest of World

Executive Editor, OR — Lookout Local

California Playbook Writer, CA — Politico

Senior Media Editor — Digiday

National Investigative Reporter, NY — HuffPost

Lexington County Reporter, SC — The State

Reporter - Offshore Wind — Canary Media

General Assignment Reporter, FL — County Record

Staff Reporter, CA — Daily Kos

Data Editor, NY — ProPublica

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Daniel Thomas / Financial Times:
Apollo-backed US investment group Concord increases its bid for Hipgnosis Songs Fund, to $1.5B, just over the last offer from Blackstone

Discussion: Billboard, CMU, Digital Music News, Music Business Worldwide and City A.M.

Katie Kilkenny / The Hollywood Reporter:
Members of the iHeart Podcast Union file an unfair labor practice claim against iHeartMedia; the union represents around 100 producers, hosts, and others

Discussion: Radio & Television …, @wgaeast, @iwriteok and Writers Guild of America …

Caitlin Huston / The Hollywood Reporter:
Fox's Tubi partners with DAZN to launch FAST channels DAZN Women's Football and DAZN Ringside, which features boxing and MMA, in the US

Discussion: Media Play News, StreamTV Insider, WORLD SCREEN, The Desk, Tv Technology and Digital Trends

CNN:
Memo: Semafor elevates Max Tani to media editor; Ben Smith says Tani will play a big role producing and appearing at Semafor's media summit and other projects

Discussion: HuffPost, New York Daily News, @semaforben, @maxwelltani, Washington Post, The Daily Beast, The Hill, Forbes and Reuters

Earlier Picks:

Max Goldbart / Deadline:
The UK's Channel 4 commits to make more shows outside England, after calls to increase its quota to make 9% of shows in Scotland, Wales, and Northern Ireland

Daniel Thomas / Financial Times:
Ofcom warns UK broadcasters on the importance of impartiality ahead of the general election, but stops short of outright banning using politicians as presenters

James Warrington / Telegraph:
News Group Newspapers sues ITV and ITN over using a video released by The Sun of the Princess of Wales visiting a farm shop; ITV plans to “strongly resist”

Discussion: The Drum and City A.M.

Alex Weprin / The Hollywood Reporter:
NYT's David Marchese and Lulu Garcia-Navarro discuss The Interview, a new franchise launching on April 27 that will appear in the Magazine and in podcast form

Discussion: New York Times, Priya Mathew on LinkedIn and The New York Times Company

From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page