Top News:
Josh Ye / Reuters:
Tencent reports Q1 revenue up 6% YoY to ~$22.1B and online ad revenue up 26% YoY to ~$3.66B driven by upgraded ad infrastructure and WeChat Video Accounts — China's Tencent Holdings (0700.HK) posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations …
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Priyanka.G / Reuters:
Tencent Music reports Q1 revenue down 3.4% YoY to $937M, profit up 27.5% YoY to $212M, music subscription revenue up 39.2% YoY to $501M, and 113.5M paying users — China's Tencent Music Entertainment Group (1698.HK), beat first-quarter revenue estimates on Monday, helped by steady growth …
Discussion:
Tencent Music, Music Ally, Music Business Worldwide, Digital Music News, Billboard and Variety
Todd Spangler / Variety:
Comcast CEO Brian Roberts says Comcast will launch StreamSaver, a bundle with Peacock, Netflix, and Apple TV+, later this month at a “vastly discounted price” — Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle …
Discussion:
CNBC, The Wrap, The Streamable, Deadline, The Hollywood Reporter, 9to5Mac and Media Play News, more at Techmeme »
Todd Spangler / Variety:
Roku gets exclusive multiyear rights for MLB's Sunday Leadoff live games, starting May 19, a package previously held by NBCUniversal's Peacock — Starting May 19, Roku will stream Sunday MLB games for free on the Roku Channel. The company also will launch a new MLB Zone to help baseball fans find live …
Discussion:
The Verge, The Streamable, Sports Media Watch, @jjcoop36, @tvanswerman, Deadline, The Wrap, Advanced Television, Light Reading, StreamTV Insider, @alden_gonzalez, Awful Announcing, @roku, @ourand_puck, Media Play News, Cord Cutters News, The Desk, @tvgrimreaper, New York Times, @jeffagrest, @dgoold, Radio & Television … and TVNewsCheck
Washington Post:
Some publishers worry about the impact of AI summaries in Google's Search Generative Experience; Raptive estimates some may lose up to 60% of their traffic — The tech giant is rolling out AI-generated answers that displace links to human-written websites, threatening millions of creators
Emma Bubola / New York Times:
Iranian film director Mohammad Rasoulof says he has fled the country to Europe, after an Iranian court sentenced him to eight years in prison for his movies — Mohammad Rasoulof, known for the award-winning “There Is No Evil,” had been barred from leaving Iran after his work criticized Iran's authoritarian rule.
Discussion:
Euronews, BBC, Breitbart, Agence France-Presse, CNN, AP Archive on YouTube, WION, WION on YouTube, Le Monde.fr, Vulture, Republic World, WION, Far Out Magazine, Mohammad Rasoulof on Instagram, IndieWire, Forbes, Fox News, Reuters, Variety, The Wrap, Deadline, Agence France-Presse, The Guardian, The Hollywood Reporter, The Hill, The New Arab, Radio Free Europe/Radio … and The Playlist
Bron Maher / Press Gazette:
The New Yorker confirms blocking readers in the UK from reading an article about convicted child serial killer Lucy Letby, to comply with a UK court order — Witnesses in the case were unusually given anonymity without reasons of national security or a risk to life.
Jesse Whittock / Deadline:
Sony Pictures reports Q4 revenue up 1.1% YoY to ~$2.74B, profit up 75% YoY to $208M, and FY 2023 revenue up 1.7% YoY to ~$10.31B, weighed down by the strikes — Sony Pictures Entertainment has seen operating income fall nearly 10% for the fiscal year ended March 31, 2024.
Discussion:
Variety, The Wrap and The Hollywood Reporter
Sarah Basford Canales / The Guardian:
An Australian court sentences ex-army lawyer David McBride to five years and eight months for stealing Afghanistan war docs and leaking them to Australia's ABC — McBride, who pleaded guilty to stealing commonwealth information and passing it to the ABC, receives non-parole jail term of 27 months
Discussion:
Yahoo News, Sydney Morning Herald, news.com.au, Associated Press, ABC, The Guardian, ABC, Daily Mail, Australian Financial Review, Sydney Morning Herald, ABC, ABC, ABC, BBC, The Independent, CNN, @stella_assange, @mikecarlton01, @mrrexpatrick, @davidshoebridge, @spenderallegra, @suigenerisjen, The Chaser, @xdlawyers, Human Rights Law Centre, SBS News, The Conversation, SBS News, heraldsun, Brisbane Times, ABC News (Australia) on YouTube, Human Rights Law Centre, 9News, The Canberra Times, International Business Times, ABC News (Australia) on YouTube, The Australian, SBS News, The Times, Associated Press on YouTube, Al Jazeera, Voice of America and The Guardian
New York Magazine:
Q&A with Walt Mossberg and YouTuber Marques Brownlee on tech reviews, handling pushback, YouTube, the issues with paid content, earning people's trust, and more — The two titans of tech reviewing talk shop with Kara Swisher. — Despite being two of the most influential tech reviewers ever …
Charlotte Tobitt / Press Gazette:
Lawyer: the BBC will pay “substantial” compensation to Princess Diana's ex-chauffeur over “serious and unfounded” allegations made by Martin Bashir in 1995 — Martin Bashir told Princess Diana and her brother that Steve Davies “feeds Today newspaper”.
Discussion:
Mediaite
Luke Harding / The Guardian:
An interview with the Kyiv Independent ex-Defense Correspondent Illia Ponomarenko about his new book on Russia's Ukraine invasion, social media, and more — Ahead of the publication of his raw account of the Russian invasion, the reporter talks about capturing the conflict in real time - and when the war will come to an end
Discussion:
Associated Press