Top News:
Justin Baragona / The Daily Beast:
In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops — ANOTHER ONE — The sale will keep the tech website's entire staff intact, G/O Media CEO Jim Spanfeller wrote in a company-wide memo obtained by The Daily Beast.
Discussion:
New York Times, The Wrap, Adweek, Talking Biz News, @ernie@writing.exchange, @pkafka, @jaycodon, @tomgara, @danackerman, @asilbwrites and @justinbaragona
Lauren Forristal / TechCrunch:
TuneIn partners with Discord, bringing TuneIn's full free live radio and podcast library to Discord's Activity app directory — Audio streaming service TuneIn is teaming up with Discord to bring free live radio to the platform. This is TuneIn's first collaboration with a social platform …
Discussion:
Sherri Hendrickson on LinkedIn, @discord, RadioInsight, @buckwilson and Richard Stern on LinkedIn
Sara Fischer / Axios:
The WSJ introduced a multimillion-dollar brand advertising campaign on June 3, its first major brand campaign in years, focused on broadening subscriber appeal — - This is the Journal's first major brand campaign in years. … - The campaign tagline, “It's Your Business,” is meant to …
CNBC:
Paramount leadership presents a plan that includes job cuts, a potential streaming JV, and divesting non-core assets if a sale of the company doesn't happen — The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen.
Emily Baker-White / Forbes:
Sources: TikTok accounts, including brands and celebrities like CNN and Paris Hilton, are getting hacked via a zero-day exploit that only requires opening a DM — The compromised accounts include CNN and Paris Hilton — and all users have to do to be hacked is open a DM, according to company sources.
Discussion:
TechCrunch, Gizmodo, Engadget, New York Post, Wired, @ebakerwhite, BGR and Tubefilter, more at Techmeme »
Jennifer Maas / Variety:
WBD increases the price for Max's ad-free version from $15.99 to $16.99 per month and the Ultimate ad-free tier from $19.99 to $20.99 per month — Warner Bros. Discovery has increased the price for its ad-free versions of streamer Max just ahead of HBO's “House of the Dragon” Season 2 premiere on June 16.
Julia Jacobs / New York Times:
Sean Combs has sold his majority stake in Revolt, the media company he founded; the largest shareholder group of the company is now made up of employees — After a wave of lawsuits accusing Mr. Combs of sexual assault, the two are “completely separated and dissociated from each other,” the company's chief executive said.
Discussion:
New York Post, Variety, Business Insider, Billboard, Vibe, Andre Woolery on LinkedIn, Rolling Stone, The Hollywood Reporter and Deadline
Sara Fischer / Axios:
CNN has started testing a registration wall that requires users to create an account or log in after they've read around 10 articles in a day — CNN has begun testing an expanded registration wall that requires heavy site users to create an account with a username and password …
Discussion:
@jackmarshall, @davidclinchnews and @davidclinchnews
Rob Rose / Financial Times:
South Africa's MultiChoice recommends that shareholders accept Canal+'s buyout offer that values the company at $2.9B and will remain open until April 2025 — Takeover of Africa's largest pay-TV operator must overcome regulatory hurdles — Africa's largest pay-TV operator, MultiChoice …
Discussion:
WORLD SCREEN, Reuters, Business Insider, Bloomberg and Advanced Television
Wayne Ma / The Information:
Sources: Apple was in talks last year to debut Apple TV+ in China via a deal with China Mobile, which would make it the only US video streaming service in China — Apple was in talks last year to launch its Apple TV+ video streaming service in China via a deal with China Mobile …
Discussion:
AppleInsider, @waynema, @scotian.bsky.social, 9to5Mac and @niubi, more at Techmeme »
Paul Vieira / Dow Jones Newswires:
Canada's broadcast regulator orders foreign streaming services with C$25M+ in sales to contribute 5% of Canadian sales to help fund local content from Sept. 1 — OTTAWA—Canada's broadcast regulator on Tuesday said foreign streaming services like Netflix, Disney+, Spotify and Amazon Prime Video …
Discussion:
Reuters, @jackshafer, CBC News and Media Play News
Max Tani / @maxwelltani:
Memo: Ben Sherwood says Daily Beast EIC Tracy Connor is leaving; Hugh Dougherty, most recently New York Post's deputy editor, will be the new executive editor — NEW: In a note to Daily Beast staff, Ben Sherwood announces that EIC Tracy Connor is leaving. Hugh Dougherty is the publication's new executive editor. [image]
Michael M. Grynbaum / New York Times:
A profile of Robert Winnett, the low-key, scoop-obsessed UK editor who will take charge of WaPo's newsroom this fall after 17 years at The Telegraph — Robert Winnett is virtually unknown in the U.S. and keeps a low profile in his native Britain, too. This fall, he will oversee the newsroom of Woodward and Bernstein.
Discussion:
The Guardian, Washington Post, @benmullin, @grynbaum, The Media Leader, The Desk, Press Gazette and Washington Post
RELATED:
Lucas Shaw / Bloomberg:
Antenna: Spotify users are the least likely to cancel among major video or audio streaming services in the US, with a ~2% monthly churn rate, similar to Netflix — Its customers are the least likely to cancel among major video or audio streaming services. — Good afternoon from Chicago …
Discussion:
Deadline, Sara G. Walker on LinkedIn, Music Ally, @lucas_shaw, @lucas_shaw and The Information
RELATED:
Tom Warren / The Verge:
Spotify plans to raise US prices: Premium from $10.99 to $11.99 per month, Duo from $14.99 to $16.99, and Family from $16.99 to $19.99, after a July 2023 hike
Discussion:
Spotify, The Hill, @ccm_brett, @radnorcapital, @film_girl, 9to5Google, @alexweprin, @tomwarren, Engadget, The Desk, The Hollywood Reporter, CBS News, Variety, Gizmodo, The Media Leader, Bloomberg, Micah Willbrand on LinkedIn, CNBC, Digital Trends, KTVX-TV, The Wrap, Music Ally, 9to5Mac and TechCrunch
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