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12:45 PM ET, June 11, 2024

Mediagazer

 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
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?
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.
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.
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 …
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
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.
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 …
 
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 More News: 
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
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
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
Discussion: Media Voices
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
 Earlier Picks: 
Zaheer Kachwala / Reuters:
Filing: Paramount controlling shareholder Shari Redstone received 32.2M board election votes, the lowest among six candidates, and 905K votes against, the most
Discussion: The Wrap
Sarah Boseley / The Guardian:
Michael Mosley, a household name in the UK for his diet guru TV shows, columns, and podcasts, who joined the BBC in 1985, died at 67 on the Greek island of Symi
Julia Jacobs / New York Times:
The Reality TV industry has long shielded itself from litigation with NDAs, but popular shows are being challenged in court as the legal landscape changes
Discussion: Deadline
Michael M. Grynbaum / New York Times:
A look at the appeal of British editors to US media owners, perhaps hoping to import the British tradition of hard-nosed, scrappy journalism on a budget