Mediagazer: WBD and All Elite Wrestling sign a multiyear deal, sources say worth $150M+ per year; AEW shows remain on TBS and TNT and stream live on Max in the US in 2025 (Joe Otterson/Variety)

6:00 PM ET, October 2, 2024

Top News:

Lucas Shaw / Bloomberg:

YouTube channel Dude Perfect hires former NBA executive Andrew Yaffe as CEO; Yaffe had been the NBA's head of social, digital, and original content — - Ex-NBA executive Andrew Yaffe to lead digital media company — The channel has more than 60 million followers on YouTube

Discussion: Variety, Chad Coleman on LinkedIn, Andrew Yaffe on LinkedIn, @danprimack, The Wrap and The Hollywood Reporter

Joe Otterson / Variety:

WBD and All Elite Wrestling sign a multiyear deal, sources say worth $150M+ per year; AEW shows remain on TBS and TNT and stream live on Max in the US in 2025 — All Elite Wrestling (AEW) has officially signed a new multi-year multimedia rights deal with Warner Bros. Discovery.

Discussion: Awful Announcing, The Wrap, Bloomberg, New York Post, The Verge, UPROXX, All Elite Wrestling, The Hollywood Reporter, Deadline and POST Wrestling

Evan Drellich / New York Times:

Diamond Sports Group, which is in Chapter 11 bankruptcy, says in 2025 it will stop carrying all but one of the 12 MLB teams it now televises — Embattled broadcaster Diamond Sports Group says in 2025 it will stop carrying all but one of the 12 MLB teams it now televises …

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Josh Ocampo / New York Times:

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Discussion: @benmullin and @semaforcomms

Brian Steinberg / Variety:

Memo: Disney's ABC News and local TV stations cut staff; source: about 75 staffers will be let go, split about evenly between national news and the TV stations — Employees were notified Wednesday of the staff reductions, according to a person familiar with the matter …

Discussion: Adweek, Los Angeles Times, The Hollywood Reporter, New York Post, @jbflint, The Desk, The Wrap, Bloomberg, TVNewsCheck and Deadline

Joe Mandese / MediaPost:

Sources: ad-tech startup Hudson MX, controlled by UK holding company Ascential, discontinues operations; Ascential had been trying to find a buyer for Hudson MX — Editor's Note: An initial version of this story incorrectly reported that Comcast's FreeWheel division had acquired certain assets …

Katie Drummond / Wired:

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Discussion: WIRED on LinkedIn, Simon Owens on LinkedIn, Vanity Fair, @laurengoode@threads.net and @katiedrumm

Connie Loizos / TechCrunch:

TechCrunch unveils a redesign with a better UI, fresh color palette, more modern aesthetic, and new ways to show breaking news, after its last redesign in 2018 — Sometimes, you have to start from scratch to make something amazing. Sometimes, you already have most of the ingredients …

Discussion: @zeffmax

Peter Kafka / Business Insider:

Q&A with Matthew Yglesias about leaving Vox, launching his own Substack, and more; Yglesias says Slow Boring has ~18,000 subscribers paying ~$80 per year — - Matthew Yglesias, a prolific political writer, co-founded Vox in 2014. Six years later, he left to run his own Substack newsletter.

Discussion: Washington Post, @pkafka@threads.net, @renee.diresta@threads.net, @pkafka, @pkafka, @pkafka@threads.net and @renee.diresta@threads.net

Neel Dhanesha / Nieman Lab:

The New York Times launches its biggest app overhaul since 2008, adding personalized recommendations and content from The Athletic, The Wirecutter, and others — It's the first major redesign since the app launched in 2008. — I've had the New York Times app on my phone for pretty …

Discussion: The Hollywood Reporter, @michaelsocolow, @duncanwc and Fast Company

Daniel Thomas / Financial Times:

Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024 — Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025

Discussion: The Information, Quartz, Digiday, Engadget, Deadline, The Media Leader and @raydouglasuk, more at Techmeme »

Lauren Forristal / TechCrunch:

Livestream marketplace Whatnot says its GMV passed $2B+ in 2024 and its top 500 sellers each sold $1M+ on the platform; 66% of its sellers earn $10K+ per month — Whatnot, the livestream marketplace platform for trading card collectors and sneakerheads alike, is offering a bit of positive news …

Discussion: News & Whatnot

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Adam Chitwood / The Wrap:
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Maxwell Tani / @maxwelltani@threads.net:
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Charlotte Tobitt / Press Gazette:
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Financial Times:
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Elias Leight / Billboard:
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Sara Fischer / Axios:
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