Top News:
Wall Street Journal:
Sources: ex-Warner Music head Edgar Bronfman Jr. looks to offer $2B to $2.5B for National Amusements, which is already in advanced talks to sell to Skydance — Bronfman, backed by Bain Capital, has expressed interest in Shari Redstone's National Amusements, which is already in advanced negotiations to sell to Skydance Media
Discussion:
Financial Times, @fhoro, Variety, Cord Cutters News, @jbflint, The Wrap, @lowrytom, @tvgrimreaper, Bloomberg, @jtoonkel and Reuters
Bloomberg:
Sources: Spotify plans to launch a higher-priced premium monthly plan later in 2024, charging $5+ more for better audio, playlist and library tools, and more — The plan will cost at least $5 more per month and include access to high-fidelity audio and new playlisting tools
Punchbowl News:
Punchbowl News announces a tech policy vertical as part of its Premium Policy membership, which will launch in early 2025 — Punchbowl News is taking on tech coverage. Let us tell you why. — How Washington tackles the perils and promises of technology is one of the biggest questions of the day.
Discussion:
@davecclarke, @mpetricone and @jakesherman
Max Tani / Semafor:
Fox News edited an interview with Donald Trump to remove a section where he appeared to back off a promise to declassify Jeffrey Epstein-related federal files — The News — Fox News edited an interview with Donald Trump to remove a section in which he appeared to back off a promise …
Discussion:
@trumpstaxes, @andrewbatesnc, @matthewkeyslive, @a_picazo and @mattyglesias
Mark Kleinman / Sky News:
Sources: Cineworld is exploring a sale or restructuring of its UK business, which includes ~100 theaters; the Regal parent exited bankruptcy in August 2023 — The multiplex giant is working with AlixPartners on options for its UK business which could lead to a sale or restructuring …
Discussion:
@ozseekerview, @pixieglas, @neilramjee, @elliot_grove, The Wrap, Reuters and Deadline
Alex Weprin / The Hollywood Reporter:
Yahoo Sports hires Olympic gold medalists as correspondents for the 2024 Paris Olympics and partners with USA Swimming on a content distribution deal — The digital brand has tapped Olympians Allyson Felix, Kerri Walsh Jennings, Shawn Johnson East, Missy Franklin and Katie Hoff to be correspondents from the games.
Discussion:
usaswimming.org, Ryan Spoon on LinkedIn and Awful Announcing
Charlotte Tobitt / Press Gazette:
The Sun, The Telegraph, The Times, and other UK publishers raise concerns after press regulator IPSO ruled against open court reporting by the Aberdeen Live — Publishers including The Sun, The Telegraph and The Times have raised the alarm over a ruling from the UK's biggest press regulator that …
Discussion:
Telegraph
Dominic Ponsford / Press Gazette:
The UK's Future launches Elevate, which offers ad-serving tech to publishers and helps them sell their online ad inventory through programmatic and direct sales — Future Elevate works on a revenue share and payment up-front model. — Future plc has launched a new brand called Elevate based around selling …
Discussion:
@futureplc, Future, Ad Age and Digiday
Kiana Cox / Pew Research Center:
Survey: 88% of Black Americans say they sometimes come across news about Black people they think is inaccurate; 72% say the inaccuracies were created on purpose — Table of Contents Table of Contents — Most Black adults say they experience racial discrimination
Charlotte Tobitt / Press Gazette:
How the AP is diversifying its revenue streams, including services, ads, AI licensing, and philanthropy; 82% of its 2023 revenue came from content licensing — AP revenue boss says “not all” diversification efforts will work but “we have to experiment”. — The Associated Press has revealed …
Discussion:
Media Voices
Naman Ramachandran / Variety:
Ampere: SVOD services' spending is set to hit €10B in Europe's major TV markets by the end of 2024, surpassing public and commercial broadcasters' investment — Spending by subscription video-on-demand (SVOD) platforms is set to hit €10 billion ($10.7 billion) …
Discussion:
Media Play News, Broadband TV News, WORLD SCREEN, Advanced Television, Deadline and The Hollywood Reporter
Steven Scheer / Reuters:
Israel extends a ban on Al Jazeera's operations in the country for another 45 days, citing a security threat, after a court upheld an initial 35-day ban — A ban on Al Jazeera's operations in Israel was extended for another 45 days by Israel's telecoms regulator on Sunday after the cabinet agreed …
Discussion:
Columbia Journalism Review