Top News:
Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B — Annual revenues from copyrighted music hit almost $46bn last year, against $33.2bn for cinema
Discussion:
Pivotal Economics, Music Ally, Billboard and Will Page on LinkedIn
Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV — The commercial broadcaster is back on alert for takeover approaches as financial and industry players evaluate offers which could lead …
Discussion:
The Guardian, The Times, Advanced Television, Deadline, City A.M., Bloomberg and RTÉ
David Gilmour / Mediaite:
In response to a tweet claiming X deprioritized posts with links in them, Elon Musk said to “put the link in the reply. This just stops lazy linking” — Elon Musk confirmed that posts containing links in their main text are deprioritized on X in a revelation that renews criticism …
Brian Stelter / CNN:
As Elon Musk posts memes about buying MSNBC, sources say one liberal billionaire expressed interest in buying the channel; Comcast is not looking to sell MSNBC — Elon Musk has called MSNBC “the utter scum of the Earth.” He has said the channel “peddles puerile propaganda.”
Discussion:
@brianstelter, @brianstelter, @brianstelter, @elonmusk, New York Post, The Gateway Pundit and HotAir
Greg Stohr / Bloomberg:
SCOTUS seeks the US government's views in the $1B copyright fight between Cox Communications and Sony, Warner Music, Universal Music, and other music companies — - Sony among companies suing Cox over customer song downloads — Appeals court tossed out big 2019 jury award against Cox
Discussion:
RedState, Reuters and SCOTUSblog
Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE — The music industry is entering new era, one driven by a slowdown at the major labels, the growing market for independents and the rapacity of private equity.
Discussion:
@lucas_shaw, @lucas_shaw and @lucas_shaw
Geneva Abdul / The Guardian:
Internal email: the UK's Reach plans to merge staff at The Daily Mirror and celebrity magazine OK! to cut costs, but the move won't result in cutting of roles — Merging of daily newspaper and celebrity magazine employees is latest move by owner, Reach, to cut costs
Reporters Without Borders:
Investigation: how hack-for-hire Appin tried silencing 15+ outlets since 2022 over articles, newsletters, and podcasts covering Appin's “ethical hacking” — Whether based in the US, Switzerland, France or India, any media outlet investigating the “ethical hacking” of Appin …
Discussion:
Reporters Without Borders on YouTube and @rsf_inter, more at Techmeme »
Max Tani / Semafor:
Sources: CNN is considering making network anchor Kaitlan Collins its chief White House correspondent and relocating her show from New York to DC — The Scoop — CNN's leadership says it doesn't want to go back to its wall-to-wall 24-hour coverage of Donald Trump when he returns to the White House in January.
Discussion:
TVNewsCheck
Manuel Roig-Franzia / Washington Post:
An interview with Alsu Kurmasheva of RFE/RL, a seasoned editor and broadcaster who spent months in a Russian prison before being released in a prisoner swap — Russian authorities put Radio Free Europe/Radio Liberty's Alsu Kurmasheva behind bars, but they couldn't outsmart her.
Discussion:
Voice of America, Kathleen Moore on LinkedIn and Freedom of the Press …
Financial Times:
Similarweb: Bluesky's US and UK app usage grew ~300% to 3.5M DAUs after November 5; Threads has 1.5x Bluesky's DAUs in the US, down from 5x before November 5 — Social media giant's Threads app makes changes as smaller competitor to X surges — Meta's Threads is losing ground …
Discussion:
Washington Post, @digiphile@threads.net, Ian Betteridge, The Desk, The Verge, The Colorado Sun, @jaypeters.11@threads.net, The Guardian, Twitchy, @metasynthesis.net, @carnage4life.bsky.social, @diwanow.com, @crowslabyrinth.com, @ronfilipkowski.bsky.social, @adrianweckler.bsky.social, @malmer.com, @jburnmurdoch.bsky.social, @kevin-indig.bsky.social, @emilprotalinski.bsky.social, @warnerdavid.bsky.social, @lekevicius.com, @mikebeas.com, @jamesshelley.com, @chadbourn.bsky.social, @keithedwards.bsky.social, @jburnmurdoch.bsky.social, @chickenpuppet.bsky.social, New York Times, TechCrunch, Wired and Engadget
Dominic Ponsford / Press Gazette:
Press freedom groups send six questions to the Scott Trust over The Observer sale, including why there is only one bidder and why staff can't speak out freely — The chair of the Scott Trust has offered to meet a consortium of press freedom groups which has raised concerns over the sale of The Observer.
Discussion:
@brianone.bsky.social, Financial Times and osce.org
Kyle Wiggers / TechCrunch:
PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $20M seed co-led by 500 Startups and Kindred Ventures — Back in 2016, Hammad Syed and Mahmoud Felfel, an ex-WhatsApp engineer, thought it'd be neat to build a text-to-speech Chrome extension for Medium articles.
Discussion:
PlayAI Blog, more at Techmeme »
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