Top News:
Washington Post:
Sources: Jeff Bezos has been closely engaged with Will Lewis, as the WaPo's new publisher developed the plan to create a “third newsroom” for new audiences — Critics raise concerns about the values of a new team of executives. Meanwhile, the business woes are real. What does Jeff Bezos want?
Discussion:
The Daily Beast, @farhip, @farhip, @ashleyrparker, @washingtonpost, @elaheizadi, Poynter and MediaPost
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:
Media Play News, @fhoro, @lowrytom, Financial Times, @tvgrimreaper, @jbflint, @jtoonkel, The Wrap, Bloomberg, Variety, Cord Cutters News and Reuters
Joshua Benton / Nieman Lab:
Journalists rejoice after Apple says iOS 18 will support call recording and transcription, and participants will be notified that they're being recorded — “There are decades where nothing happens, and there are weeks when decades happen.” — The word you're looking for is “sherlocked.”
Bloomberg:
Source: Spotify plans to launch a higher-priced premium plan later in 2024, charging $5+ more per month 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.
Sarah Perez / TechCrunch:
News reader Particle, which uses AI to summarize stories, raised a $10.9M Series A led by Lightspeed and announces Reuters as a news source for its service — Traffic is down, newsrooms are undergoing layoffs, and publishers fear that AI technologies will only make matters worse.
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 plc has launched a new brand called Elevate based around selling its own advertising technology to other publishers.
Discussion:
Future, @futureplc, 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:
AFP names Mehdi Lebouachera as its next global EIC, replacing Sophie Huet, who will take on a new role leading AFP's AI strategy, starting November 2024 — Mehdi Lebouachera has been named the next global editor-in-chief at news agency AFP, starting in November after the US election.
Discussion:
Agence France-Presse
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, Advanced Television, Deadline and The Hollywood Reporter
Kathryn Lundstrom / Adweek:
The New York Times and Instacart announce a two-year partnership to let users order ingredients for New York Times Cooking recipes with Instacart — It's part of a growing trend of retail media-publisher partnerships — Shoppers can now order ingredients for New York Times Cooking recipes thanks …
Discussion:
AdExchanger, Ad Age and The New York Times Company
Laurel Rosenhall / Los Angeles Times:
Lawmakers amend the California Journalism Preservation Act to make platforms pay into a fund and base payments on the number of journalists an outlet employs — California lawmakers have revived legislation to charge online platforms for the news articles they publish …
Discussion:
@matthewkeyslive
Umar Shakir / The Verge:
Google lets advertisers serve targeted ads across Google TV's 125+ free channels, and reports 20M+ US monthly active Google TV and Android TV OS devices in 2023 — Google is launching a new advertising network that serves targeted ads to Google TV-powered streaming boxes and smart TVs.
Discussion:
The Keyword, MarTech, Adweek, Broadband TV News, Android Central, Cybernews.com, StreamTV Insider, The Desk, 9to5Google and Cord Cutters News, more at Techmeme »