Mediagazer: Sources: WBD has started working on creating more original programming for TNT and rebooting series and made-for-TV movies, albeit with smaller budgets (Joe Flint/Wall Street Journal)

1:00 PM ET, August 23, 2024

Top News:

Sources: WBD has started working on creating more original programming for TNT and rebooting series and made-for-TV movies, albeit with smaller budgets — Entertainment company is plotting ‘high-adrenaline’ dramas for a cable channel that has become closely associated with reruns

Discussion: Screen Rant, The Wrap, TVLine, Variety, @tvgrimreaper and Deadline

Nilay Patel / The Verge:

Q&A with Ben Collins, CEO of The Onion, and Danielle Strle, chief product officer, on how they bought the outlet, why they're making a print version, and more — The new owners of the satire site rescued it from content farm hell. Now, they're relaunching its newspaper.

Discussion: @mvario@mastodon.social, Jordan LaFlure on LinkedIn, Christina Child on LinkedIn, @verge@mastodon.social, @hack13@cyberfurz.social and Chicago Sun Times

Wall Street Journal:

In a letter, Skydance lawyers accuse Paramount's special committee of breaching its terms with Skydance by extending the time it can talk with other bidders — In a letter from its lawyers, Skydance accuses Paramount's committee of directors of violating the terms of its deal

Discussion: The Streamable, Variety, The Media Leader, Ian Whittaker on LinkedIn, Deadline, Eva Davis on LinkedIn, Media Play News, The Desk, TVNewsCheck, The Wrap, TrekMovie.com, The Verge and The Hollywood Reporter

Liam Reilly / CNN:

Unions and some state senators criticize Google's plan for a California local news fund, which stalled bills that would have forced Big Tech to fund journalists — New York CNN — — Google struck a first-in-the-nation deal with California lawmakers on Wednesday to fund newsrooms …

Ashley Carman / Bloomberg:

A look at Apple Podcasts' fading dominance, as an April 2024 study of 603 podcast consumers found 31% use YouTube, 21% use Spotify, and 12% use Apple's app — Hello! Welcome back to Soundbite. Today we're looking at the fading dominance of Apple Podcasts.

Discussion: Cult of Mac, Slate, 9to5Mac and MacRumors, more at Techmeme »

Hayden Field / CNBC:

In a pitch deck, AI search engine Perplexity told advertisers it plans to start running ads in Q4; a source says Perplexity's CPM prices will be $50+ — Perplexity AI, the artificial intelligence startup that's been embroiled in controversy due to accusations of plagiarizing content from media outlets …

Discussion: TVNewsCheck, @haydenfield, @researchbuzz@researchbuzz …, Adweek, The Indian Express, @vortexegg.regretfully.online and Hayden Field on LinkedIn

Colin Mann / Advanced Television:

Liberty Media announces plans to sell F1 shares worth $825M to partially fund its 86% stake in Dorna Sports, the MotoGP commercial rights holder valued at $4.2B — Liberty Media has revealed plans to sell F1 shares worth $825 million (€742m) in order to ‘partially fund’ its planned acquisition of MotoGP.

Discussion: Sports Illustrated, Motorsport Week, Motorsport.com and PlanetF1

Aisha Counts / Bloomberg:

Reddit is winning over advertisers using interest-based targeting via subreddits, instead of personal data; analysis: Reddit's ad revenue may pass $1.1B in 2024 — Without as much personal information, Reddit lures marketers by touting interests and conversations

more at Techmeme »

Pete Brown / Columbia Journalism Review:

Star Spangled Media, behind websites posing as news outlets, such as The Morning Mirror, appears to have close ties to pro-Democratic super PAC Forward Majority — A quasi-local news site whose operators sought a news media exception to dodge campaign finance regulators has emerged as a vehicle …

Discussion: Sinclair Cornell on LinkedIn

Lacey Rose / The Hollywood Reporter:

Study: women accounted for 23% of creators working on original programs on TV and streaming in the US in 2023-24, down from 26% in 2022-23 and 30% in 2021-22 — The latest “Boxed In” report, now in its 27th year, offers grim findings for female representation across broadcast and streaming.

Maria Iu / The Media Leader:

WARC: global ad spending will grow by 10.5% to $1.07T in 2024; Alphabet, Amazon, and Meta will account for 43.6% of global ad spending in 2024 and 46% by 2026 — Global adspend will grow by 10.5% to $1.07tn this year, crossing the $1tn mark for the first time, according to Warc's Global Ad Spend Outlook 2024/25.

Discussion: WORLD SCREEN, Inside Radio, Media Makers Meet, Radio & Television … and Advanced Television

Advanced Television:

Survey: 66% of US TV viewers use FAST platforms, 53% of them have cut down on paid streaming, and 43% signed up to a pay service to continue watching a show — Two in three (66 per cent) TV viewers in the US are using free, ad-supported streaming TV (FAST) platforms in a typical month …

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Evelyn Okakwu / Committee to Protect Journalists:
In Nigeria, Kenya, and Senegal, journalists have been targeted, assaulted, and detained by security forces as they covered anti-government protests

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Winston Cho / The Hollywood Reporter:
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Patrick Frater / Variety:
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Reuters:
Russia's FSB opens criminal cases against British CNN reporter Nick Paton Walsh and two Ukrainian journalists for illegally entering Russia to report from Kursk

Discussion: National Union of Journalists …, New York Times, The Moscow Times, CNN, Al Jazeera and Politico

Amanda Meade / The Guardian:
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Michael Gwilliam / Dexerto:
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Discussion: Tubefilter, @twitchsupport, 9to5Mac, Neowin, PhoneArena, Engadget and The Verge

Lauren Irwin / The Hill:
Judy Woodruff apologizes for saying she had read reports that Trump urged Israel's PM not to cut a deal to end fighting in Gaza because it would help Harris

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Bilge Ebiri / Vulture:
Lionsgate recalls its trailer for Francis Ford Coppola's Megalopolis that used fake quotes from multiple critics, and apologizes “for this inexcusable error”

From Techmeme:

Qianer Liu / The Information:
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Michael Nuñez / VentureBeat:
OpenAI makes ChatGPT Plus free for college students in the US and Canada until the end of May 2025, intensifying competition with Anthropic in higher education

Washington Post:
US officials say NSA director and Cyber Command head Timothy Haugh was fired on April 3, along with his deputy Wendy Noble

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