Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
4:45 PM ET, August 23, 2024

Mediagazer

 Top News: 
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 …
RELATED:
Sacramento Bee:
Buffy Wicks, who dropped her effort to make Big Tech pay California news orgs after Google agreed to give to a nonprofit supporting local news, defends the deal  —  The California legislator at the center of a first-in-the-nation deal between Google and the state to help fund local news organizations …
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.
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
Joe Flint / Wall Street Journal:
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
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.
Advanced Television:
Disney says it is expanding availability of its ad-supported Disney+ plan to Finland, the Netherlands, and Portugal on October 17  —  Following the launch of its ad-supported plan in Denmark, France, Germany, Italy, Norway, Spain, Sweden, Switzerland and the UK in 2023 …
Discussion: UK Press
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.
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 …
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
Oliver Darcy / Status:
Source: Penske Media has laid off dozens of staff over the last several weeks; Penske says it's grown its total headcount in 2022, 2023, and 2024  —  The layoffs at Penske's media empire comes as his company faces tough headwinds, many of them industry wide.
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.
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 4:45 PM ET, August 23, 2024.

View the current page or another snapshot:


Page version:
 
 Who's Hiring in Media? 
 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
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
Clemmie Moodie / The Sun:
The BBC says soccer presenter Jermaine Jenas is “no longer part of the presenting line-up”; source: the BBC terminated his contract after behavior complaints
 Earlier Picks: 
Winston Cho / The Hollywood Reporter:
TV and film productions are turning away from California to countries and US states with looser restrictions and limitations on their tax incentive programs
Discussion: Associated Press and TVNewsCheck
Patrick Frater / Variety:
Chinese streamer iQiyi reports Q2 revenue down 5% YoY to ~$1.04B and net profit down 80% YoY to ~$9.6M, as subscription revenue shrinks for a second quarter
Amanda Meade / The Guardian:
David Anderson, head of the Australian Broadcasting Corporation, plans to step down in 2025 after ABC finds a managing director, after a 35-year career at ABC
Discussion: Mumbrella and Deadline
 

 
From Techmeme:

Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement to form a joint venture that will operate Intel's chipmaking facilities; TSMC will take a 20% stake

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

Will Oremus / Washington Post:
An increasingly vocal contingent of GOP leaders, some of whom attended Y Combinator's Little Tech Competition Summit, call for antitrust action against Big Tech

 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page