Top News:
Kerry Flynn / Axios:
At Cannes, X CEO Linda Yaccarino says the platform is in conversations with sports leagues about producing more docuseries, like the NWSL series The Offseason — - About 70% of the conversation ahead of the Paris Olympics this summer is about women's teams, she added.
Discussion:
@xnews, The Hollywood Reporter, @axios, Awful Announcing, @warriorrabbit.bsky.social and The Information
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Bloomberg:
Elon Musk tried to repair his often strained relationship with the ad industry through an appearance at the Cannes Lions, after Twitter skipped 2023's event — Elon Musk attempted to repair his often strained relationship with the advertising industry with an appearance at the Cannes Lions conference in France on Wednesday.
Discussion:
PRWeek, Adweek, Fast Company, Axios, Business Insider, Electrek, CNN, Quartz, @pkafka, The Daily Beast, Financial Times, @kerrymflynn, @benatipsos, @dimazeniuk, @megancgraham, @joeatlarge@mastodon.world, Ad Age, The Media Leader, @jonlax@threads.net, Arlo Brady on LinkedIn, New York Post, Wall Street Journal, The Drum, MediaPost and Deadline
Jem Aswad / Variety:
Sources: Sony is acquiring Queen's music catalog, excluding live performances, for £1B; Disney retains recorded music rights in the US and Canada — The Queen music catalog, along with a number of other rights, is in the process of being acquired by Sony Music for £1 billion …
Discussion:
Hits Daily Double!, Forbes, Metro.co.uk, Rolling Stone, Digital Music News, CMU, New Jersey Online, Breitbart, PinkNews, UPROXX, NME, Music Business Worldwide, TMZ.com and Consequence
The Guardian:
Sources: WaPo's Will Lewis advised Boris Johnson and others to “clean up” their phones during UK's COVID-era Partygate scandal in December 2021 and January 2022 — Sources' claim suggests advice by Will Lewis, an informal adviser to then prime minister, contradicted instructions to staff
Wired:
Analysis: Perplexity seems to scrape sites using surreptitious methods, ignoring robots.txt, with a Perplexity-tied machine doing so on Wired and other sites — A WIRED investigation shows that the AI-powered search startup Forbes has accused of stealing its content is surreptitiously scraping—and making things up out of thin air.
Discussion:
Gizmodo, Jonathan Usher on LinkedIn, @rafat, @jessicalessin, @carnage4life, @katiedrumm, @olifranklin, @dmehro, @clive@saturation.social, @johnvoorhees@mastodon …, @technicallymims@threads.net, @benedictevans@threads.net, @johnkoetsier@threads.net, @noahshachtman@threads.net, @bernie_michalik@threads.net, @LeftistLawyer@kolektiva …, @howelloneill@infosec.exchange, @timmarchman.bsky.social and Axios
Peter Kafka / Business Insider:
MoffettNathanson: Q1 2024 was the worst quarter the pay-TV business has ever seen, losing 2.37M subscribers, down 6.9%, and even YouTube TV slightly shrank — - Pay TV just suffered its worst quarter in history — a stunning 6.9% drop. — The TV industry used to hope digital services …
Discussion:
The Streamable, Nielsen, Awful Announcing, @penenberg, The Overspill, @nicksologist, @chrifamouamo1, @pkafka, @thatniggaephy, @chrifamouamo1, @pkafka, Next TV, Cord Cutters News and The Hill
Brian Steinberg / Variety:
Sources: Disney is lowering ad CPM rates for Disney+ in a bid to win overall commitments during the upfront market; rivals fret about matching Disney's rates — In a bid to win overall commitments, Disney has been striking deals that call for significant “rollbacks” in the rates it charges …
Committee to Protect Journalists:
Interviews with Ethiopian journalists who fled the country due to civil war and conflict and who remain in exile, sometimes struggling to afford food and rent — When Belete Kassa's friend and news show co-host Belaye Manaye was arrested in November 2023 and taken to the remote Awash Arba military camp known …
Discussion:
Reporters Without Borders
Eltaf Najafizada / Bloomberg:
A French journalist says India refused to renew his journalism permit and forced him to leave this week, making him the third journalist to leave India in 2024 — India has allegedly refused to renew a French correspondent's permit, making him the third journalist to leave India this year …
Discussion:
@sebfarcis and Committee to Protect …
Lauren Forristal / TechCrunch:
Spotify now lets all podcasters upload videos, rather than only creators who signed up to Spotify for Podcasters hosting; Spotify has 250K+ video podcasts — Spotify is now letting non-hosted podcasters upload videos to the platform. The company quietly rolled out the new feature last week …
Discussion:
Neowin
Rick Perlstein / American Prospect:
A look at Talking Points Memo's origins, its revenue models over the years, and why “both-sides” framing is due to political journalism's economic structure — The book I'm working on now is about how the last 25 years of American politics brought our democratic republic to the brink of collapse.
Discussion:
@lolgop, @bjkeefe, @joshtpm, @texmexelsa, @theprospect, @joshtpm and @jalefkowit@vmst.io
Sohee Kim / Bloomberg:
Netflix ramps up local production in Southeast Asia to attract new subscribers as US rivals pull back; Asia Pacific accounted for just ~11% of its 2023 revenue — - Streaming giant is backing big-budget shows in Indonesia — Thai production rises to 10 titles this year, from six in 2023
Discussion:
@lucas_shaw, Sohee Kim on LinkedIn and The Hollywood Reporter
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