Mediagazer: Amazon is testing a new discovery page on Audible to give users recommendations about what to listen to next based on their Prime Video viewing behavior (Sarah Perez/TechCrunch)

10:10 AM ET, May 1, 2024

Top News:

Jacob Bryant / The Wrap:

Fubo cuts ties with WBD after renewal negotiations for their partnership fell through, citing WBD's “abuse of massive market power” as cause for the decision — The media company accuses WBD of refusing “to engage in good faith negotiations” — Fubo cut ties with Warner Bros. Discovery …

Discussion: The Verge, Yahoo Finance, The Streamable, The Desk, Deadline, Awful Announcing and Variety

Melvin Backman / Quartz:
WBD shares hit a 52-week low after a WSJ report suggested WBD could lose rights to NBA games, as NBCUniversal is prepared to bid about $2.5B per year for rights

Karissa Bell / Engadget:

LinkedIn launches three Wordle-style puzzle games: theme-based guessing game Pinpoint, Sudoku and Minesweeper-style crossover Queens, and trivia game Crossclimb — How long until “What I learned about B2B sales from playing Crossclimb”? — LinkedIn, the professional network known …

Discussion: CNN, TechCrunch and The Verge

Sarah Perez / TechCrunch:

Amazon is testing a new discovery page on Audible to give users recommendations about what to listen to next based on their Prime Video viewing behavior — Amazon has historically operated audiobook marketplace Audible as a separate entity, unconnected to the retailer's broader goals and ambitions.

Bron Maher / Press Gazette:

DMG Media makes up to 15 sport staff redundant at its Mail titles, as part of a “significant restructuring” on the sports desk — A similar number of roles have been cut at sports betting business Livescore. — Up to 15 sport staff are being made redundant at the Mail titles …

Christopher Palmeri / Bloomberg:

Comcast expects its cable TV customers to lose access to 15 Bally regional sports networks at midnight in a fee dispute with Diamond Sports Group — “We'd like to continue carrying their networks, but they have declined multiple offers and now we no longer have the rights to this programming …

Discussion: Next TV, Sportico, businesswire.com, MLive.com, The Streamable, The Desk, Awful Announcing and Cord Cutters News

David Folkenflik / NPR:

Fox News takes down a six-part streaming series that staged a mock trial of Hunter Biden, a day after Biden's legal team threatened to sue the network — Fox News has pulled down a six-part series in which it staged a mock trial of hypothetical criminal charges against Hunter Biden …

Discussion: Kenneth Lagasse on LinkedIn, @hadas_gold, @davidfolkenflik, The Daily Beast, New Republic, CNN, New York Post, Washington Post, Mediaite, The Gateway Pundit, The Hill and Deadline

Todd Spangler / Variety:

Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses — Amazon raked in $11.82 billion in advertising revenue for the first quarter of 2024, topping analyst expectations, fueled by the ecommerce giant's move …

Discussion: @simonjharris, @dcurtis, @christianhern, @benedictevans@threads.net, The Wrap, The Hollywood Reporter, SlashFilm, Deadline and Cord Cutters News, more at Techmeme »

Annie Palmer / CNBC:
Amazon reports Q1 revenue up 13% YoY to $143.3B, a $10.4B net income, vs. $3.2B YoY, $15.3B operating income, vs. $4.8B YoY, subscription sales up 11% to $10.7B

Discussion: Publishers Weekly, Annie Palmer on LinkedIn, Richard King on LinkedIn, Wall Street Journal and Bloomberg, more at Techmeme »

Bloomberg:

A look at potential Telegraph bidders after RedBird IMI walked: Daily Mail proprietor Jonathan Harmsworth, Czech billionaire Daniel Kretinsky, Murdoch, and more — - Conservative-leaning UK newspaper is a coveted media asset — UAE-backed takeover was thwarted by British politicians

Discussion: Reuters, Telegraph, Al Jazeera, City A.M., The Wrap, Financial Times, The Guardian and Deadline

Jennifer Maas / Variety:

Source: Paramount and Charter extend contract renewal talks; the contract, which affects Paramount's cash flow amid buyout talks, was set to expire on April 30 — Paramount Global and Charter Communications agreed to extend their talks on a deal renewal, which — for now …

Discussion: Next TV, Bloomberg, The Wrap, Deadline and Los Angeles Times

Jake Kanter / Deadline:

Four female BBC News presenters start legal action against BBC, saying they were forced off air for a year and were victims of a “sham” hiring process in 2023 — Four female BBC News presenters have commenced legal action against the UK broadcaster, arguing they were forced off air …

Discussion: Metro.co.uk, @jake_kanter and @jake_kanter

Financial Times:

In tests run by executives in advertising, animation, and real estate, OpenAI's Sora generated people with more realistic facial features than Runway or Pika — The FT asked workers in animation, advertising and real estate to test rival AI systems that create short clips

Discussion: @cristinacriddle

BBC Studios:

The BBC launches BBC Verify US to combat disinformation, led by Analysis Editor Ros Atkins and based in DC, as part of its 2024 US elections coverage plans — Brand New Digital Experience Enables Up-to-the-Minute, 360-Content via All-New BBC.com, BBC app, Daily Live Pages, Podcasts, Newsletters, and More

Discussion: @bbcstudiosuspr, @ejhchess, Ros Atkins on LinkedIn, @leng_cath, @pressgazette, @back_the_bbc and @caitrionaperry

Sara Guaglione / Digiday:

The Athletic has ~2.95M newsletter subscribers, up nearly 20% YoY; Comscore: the outlet had 17.6M unique US visitors in March 2024, up from 6.6M in March 2023 — This article was provided as an exclusive preview for Digiday+ members, who were able to access it early.

Discussion: Inbox Collective, Awful Announcing, Chris Sprow on LinkedIn, Meg Linehan on LinkedIn and Claudio E. Cabrera on LinkedIn

The New York Times Company:
The Athletic names Laura Williamson as its editor-in-chief for the UK and Europe, making her the first female EIC of a daily sports publication in the UK

Discussion: @sebsb, @nytimespr and @adamcrafton_

Natalie B. Compton / Washington Post:

A profile of Rick Steves, whose travel company makes $120M yearly, published 110 books, filmed 12 seasons of his travel show, and produced 750+ podcast episodes — Travel mogul. Philanthropist. Legal weed champion. The real Rick Steves is so much more complex than who you see on TV.

Discussion: @rodmickleburgh, @journalism_joe, @washingtonpost, @rr_edmonds, @greenmelinda, @mswaichingliu81, @sirlupin2, @natbco and @byerussell

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More News:

Nielsen:
US audiences gave 67% of their daily ad-supported audio time to over-the-air radio in Q1, 20% to podcasts, and the rest to streaming audio or satellite radio

Discussion: Business Insider, RADIO ONLINE and Inside Radio

Thania Garcia / Variety:
Warner Music Group CEO Robert Kyncl and singer FKA twigs testify before a US Senate committee to support a plan to defend people from nonconsensual AI deepfakes

Discussion: @rkyncl, Rolling Stone, The Hill, Billboard, Senate Judiciary Committee, The Hollywood Reporter, Tech Policy Press, The Hill, Digital Music News, Music Business Worldwide, Consequence and Music Ally

Aisha Malik / TechCrunch:
Twitch rolls out its TikTok-like discovery feed, launching as a tab within the Twitch iOS and Android apps, showing live streams and clips

Discussion: 9to5Google, Bloomberg and Traackr, more at Techmeme »

Tyler Aquilina / Variety:
Survey: 33% of Peacock users were still using the free tier in Q1 2024, though new sign-ups ended in January 2023; 24% of Peacock Premium users stream it daily

Discussion: Streaming Better

Earlier Picks:

Ken Klippenstein:
The Intercept's Ken Klippenstein resigns, citing the outlet's corporatization and saying its “fear of funders is more important than journalism itself”

Sahil Patel / The Information:
Sources: Google has agreed to pay News Corp $5M to $6M annually to develop new AI-related content and products, as part of the Google News Initiative

Discussion: Reuters, MediaPost and Engadget

Katie Robertson / New York Times:
Eight daily newspapers owned by Alden sue OpenAI and Microsoft, accusing them of using copyrighted articles without permission to train generative AI products

Discussion: Fast Company, Axios, Denver Post, Associated Press, Engadget, The Overspill, Craig McCosker on LinkedIn, @sarafischer, @sarafischer, UPI, The Register, Justin Finnegan on LinkedIn, Sara Fischer on LinkedIn, NPR, The Hollywood Reporter, The Hill and The Information

Ingrid Lunden / TechCrunch:
NYC-based newsletter platform beehiiv raised a $33M Series B led by NEA, taking its total raised to $46.5M, and says the service has ~20K active newsletters

Discussion: The Media Roundup …, @rafat, Tubefilter, @beehiiv, @denk_tweets, @iamjasonlevin, The Information, Faraz Fatemi on LinkedIn, @ryansingel@writing.exchange, Jacob Wolf on LinkedIn, @simondowens@threads.net and Beehiiv

From Techmeme:

Annie Palmer / CNBC:
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, and other tech leaders congratulate Trump on his election victory

Ian King / Bloomberg:
Qualcomm and Arm's earnings results show the smartphone industry making an uneven comeback, with both companies seeing a stronger demand for high-end models

Kyle Wiggers / TechCrunch:
OpenAI acquired chat.com, which now redirects to ChatGPT; HubSpot co-founder Dharmesh Shah reportedly bought the domain, registered in 1996, for $15.5M in 2023

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