Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
11:05 AM ET, May 8, 2024

Mediagazer

 Top News: 
Benjamin Mullin / New York Times:
Discussion: The Wrap and @benmullin
RELATED:
The New York Times Company:
The NYT reports Q1 revenue up 6% YoY to $594M, subscription revenue up 13% YoY to $293M, operating profit up 73% YoY to $48.3M, Athletic revenue up 33% to $37M  —  NEW YORK, May 8, 2024 - The New York Times Company (NYSE: NYT) announced today first-quarter 2024 results.  Key Highlights
Austin Fuller / Current:
NPR CEO Katherine Maher will not attend a US House committee hearing on May 8 looking at alleged NPR bias due to a schedule conflict, but offers to appear later  —  NPR CEO Katherine Maher will not attend a U.S. House committee hearing Wednesday aimed at looking into alleged ideological bias at the organization.
Todd Spangler / Variety:
NBCUniversal signs deal to make iHeartMedia the exclusive audio partner for the 2024 Paris Olympics; iHeartMedia will create an original iHeartPodcast  —  Pact includes new podcast from ‘Las Culturistas’ hosts Bowen Yang and Matt Rogers  —  NBCUniversal inked a deal with iHeartMedia making …
Discussion: @xpangler and Next TV
Sara Fischer / Axios:
Source: last month, Sundial Media bought Refinery29 for ~$30M, or roughly its 2023 revenue; Refinery29 buys trade beauty show Beautycon to move away from ads  —  - The company bought Refinery29 for roughly the same amount that the publisher made in top-line revenue in 2023, which was $30 million, a source told Axios.
Discussion: Wall Street Journal
Georg Szalai / The Hollywood Reporter:
EchoStar reports losing ~348K net pay TV subscribers in Q1, vs. a 552K drop in Q1 2023, and revenue down 8% YoY to $2.7B; Sling TV subscribers fell 135K to 1.9M  —  Telecom mogul Charlie Ergen's EchoStar is led by Hamid Akhavan as president and CEO, with Ergen serving as executive chairman.
Joshua Benton / Nieman Lab:
A historical look at Pulitzer winners shows the decline of local and regional newspapers and the growth in online news outlets, especially at the local level  —  For the first time ever, more online news sites produced Pulitzer finalists than newspapers did.
RELATED:
Alex Weprin / The Hollywood Reporter:
Fox Corp reports Q3 revenue down 15% YoY to $3.4B, ad revenue down 33% YoY to $1.2B, a $704M net income, up from a $50M loss YoY, $1.9B affiliate fee revenue  —  The owner of Fox, Fox News and Fox Sports hosted the Super Bowl a year ago, leading to the advertising decline.
Reuters:
A Moscow court places veteran Russian journalist Nadezhda Kevorkova in pre-trial detention for two months on suspicion of “justifying terrorism”, per her son  —  Veteran Russian journalist Nadezhda Kevorkova was placed in pre-trial detention for two months by a Moscow court …
Discussion: Fox News
Kate Knibbs / Wired:
A look at Musi, a free music streaming app popular among high schoolers that uses YouTube to source music, opening Musi up to legal action from record labels  —  Musi's free music streaming app is a hit with thrifty teens.  The app claims to tap content on YouTube, but some in the music industry question the legitimacy of that model.
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 11:05 AM ET, May 8, 2024.

View the current page or another snapshot:


 
 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: 
Pew Research Center:
Survey: 48% of US adults prefer websites or social media for local news; 15% paid for local news in the last year; 63% believe local outlets do well financially
Sarah Perez / TechCrunch:
Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims to add strong guardrails to prevent abuse
 Earlier Picks: 
New York Times:
TikTok sues the US government over the law forcing a sale or ban, saying it violates users' First Amendment rights and divestiture is “simply not possible”
Alex Weprin / The Hollywood Reporter:
Amazon announces three new interactive ad formats for Prime Video: shoppable carousel ads, interactive pause ads, and interactive brand trivia ads
Jennifer Maas / Variety:
Disney CEO Bob Iger says Marvel is going to reduce output and focus on quality by releasing “about two TV series a year” and a “maximum of three” films per year