Top News:
Lucas Shaw / Bloomberg:
TikTok says it plans to shut down TikTok Music on November 28 and will delete customer data; the app, originally called Resso, first launched in 2019 — TikTok Music will go offline on Nov. 28 and customer data will be deleted, the music division said in a post on its website.
Sara Fischer / Axios:
The NYT aims to sell podcast subscriptions via Apple Podcasts and Spotify, requiring users to pay to access older episodes, starting Oct. for $6/mo. or $50/year — - “A big part of our strategy is building direct relationships with our customers,” said Ben Cotton, The Times' head of subscription growth.
Discussion:
The Streamable, The Hill, The Wrap, The New York Times Company, The Hollywood Reporter, Bloomberg, @sarafischer and 9to5Mac
Sara Fischer / Axios:
Sources: Koch's PE arm is in talks with a media entrepreneur to partner on a bid for Forbes valuing the company at ~10% less than its $630M 2021 SPAC valuation — The firm often targets companies that are poorly managed or undervalued. — It will often partner with a strategic buyer …
Discussion:
Talking Biz News
Georg Szalai / The Hollywood Reporter:
Paramount's Pluto TV and M6+ strike a partnership that includes content channels and ad sales in France; French TV company M6 launched the AVOD platform in May — The strategic commercial and editorial partnership is designed to “scale and expand their free streaming and digital businesses in France.”
Discussion:
The Desk, Advanced Television, Variety, TVNewsCheck, Deadline, Broadband TV News, TVBEurope and WORLD SCREEN
Ryan Browne / CNBC:
Warner Bros. Discovery partners with Google to add its “caption AI” tool built on Vertex AI to Max to automatically generate captions for unscripted programming — Warner Bros. Discovery is partnering with Google to integrate the internet giant's AI technology …
Discussion:
The Hollywood Reporter, The Wrap, Variety, Engadget, TechHive, Quartz, The Verge, The Keyword, Google Cloud and @dfwsam.bsky.social, more at Techmeme »
Brian Steinberg / Variety:
Memo: Paramount unveils “phase two” of layoffs and says 90% of them will be complete after this round, following its August plan to cut 15% of its US workforce — Paramount Global unveiled a second wave of staff cuts Tuesday morning, part of a larger bid by the owner of CBS …
Discussion:
Adweek, New York Post, The Hollywood Reporter, Los Angeles Times, The Wrap, Deadline, Deadline, TVNewsCheck, Next TV, Bloomberg and Advanced Television
New York Times:
How WhatsApp Channels, launched in late 2023, are driving traffic to digital news outlets, especially readers from outside the US, as social media traffic falls — An illustration of a man sitting on a green chair reading a newspaper called “World News” as he looks at his phone behind it.Jackson Gibbs
Discussion:
@hanaatameez, @mikeisaac, @mikeisaac and @simondowens@threads.net
Charlotte Tobitt / Press Gazette:
Reach CEO Jim Mullen says there is “too much power in the hands of platforms and their algorithms” and calls for regulation to make platforms pay for content — The chief executive of the UK's biggest commercial news publisher has called for big tech regulation so the platforms pay …
Discussion:
Liverpool Echo and HoldtheFrontPage
Charlotte Tobitt / Press Gazette:
Trending Now, which offers AI-powered B2B newsletters, changes its logo after BuzzFeed sent a cease-and-desist letter over alleged copyright infringement — An AI-powered aggregator newsletter publisher has changed its logo in response to a legal threat from Buzzfeed.
Chris Welch / The Verge:
Roku unveils the $100 Roku Ultra, which is 30% faster than its other streaming players and has Wi-Fi 6, HDMI 2.1, Dolby Atmos, the Voice Remote Pro, and more — One day after the Google TV Streamer hit stores, Roku is announcing its own latest streaming player.
Discussion:
The Streamable, ZDNET, Bloomberg, iPhone in Canada Blog, MobileSyrup, Business Insider, CNN, TechRadar, Engadget, CNET, Tom's Guide, Next TV, @roku, The Nerdy, TechHive, 9to5Google, The Shortcut, How-To Geek, Digital Trends, Streaming Better, Cord Cutters News, Roku on YouTube and CNET on YouTube, more at Techmeme »
Jake Kanter / Deadline:
Sources: UK's Evening Standard has made plans to use AI to write reviews under the name of its former art critic of 30 years Brian Sewell, who died in 2015 — Deadline understands that London's historic Evening Standard newspaper has been making plans to revive its former writer using artificial intelligence.
Discussion:
@jscalzi@threads.net, @_zeets, @eddiehenryjames, @siddhantadlakha, @chrismoranuk, @sturgios, @wendyide, @willardfoxton and @nina_metz
Mark Stenberg / Adweek:
Vice relaunches its print magazine, on hiatus since 2019, and debuts $10 per month and $4 per month subscriptions with access to paywalled content — The publisher hopes to reach 10,000 subscribers by next spring — The digital media company Vice relaunched its print magazine and debuted …
Discussion:
VICE
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