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David Folkenflik / NPR:
A look at Will Lewis's difficult first year as The Washington Post's CEO and publisher, after 400+ journalists signed a letter asking Jeff Bezos to intervene — One debacle after another has engulfed The Washington Post since veteran newspaper executive Will Lewis became CEO and publisher …
Discussion:
The Guardian, Status, Townhall, Poynter, Newser, @joshuafoust.com, @oliverdarcy.bsky.social, @davidfolkenflik, @ebadofsky.bsky.social, @exlibjourno, Lawyers, Guns & Money, @nick_field90, @amalyuchik, @ashleyrparker, @danmitchell.bsky.social, @glennf.com, @emmaroller.bsky.social, @fiona-webster22.bsky.social, @wajali.bsky.social, @bgrueskin.bsky.social, HotAir, Business Insider, New Republic, MediaPost and Daily Kos
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David Folkenflik / @davidfolkenflik:
[Thread] 400+ WaPo journalists, including some star reporters, call on Jeff Bezos to intervene, saying they are “deeply alarmed by recent leadership decisions”
Discussion:
@benmullin, Digiday, Axios, @davidfolkenflik, @davidfolkenflik, @sidhubaba, @henryporters, @dilanesper, @curtishouck, @adudeandhisart, @maxasteele, @tonymoonbeam, @natzbandwagon, @notalwayswrite, @kimleannelliot, @scarylawyerguy, @dcg1114, @jofchalcedon, @sunnyright, @mediaevan, @edmundlee, @yeathatterrence, @tom_watson, @adelbrown, @hoosier114, @johnbiggs, CNN, @davidfolkenflik, @jlbarrow@threads.net, @cnn@threads.net, Fox News, New York Post, The Independent, The Wrap, @jeffjarvis.bsky.social, @danmitchell.bsky.social, @jason0x21.bsky.social and Eschaton
Brian Stelter / CNN:
Outgoing FCC chair Jessica Rosenworcel will reject complaints that she says “seek to weaponize” FCC, including three pro-Trump efforts and one against Fox News — New York CNN — — The outgoing Democratic chair of the Federal Communications Commission is taking bold action …
Discussion:
@brianstelter, @brianstelter, @brianstelter, @brianstelter, @brianstelter and @brianstelter
Todd Spangler / Variety:
YouTube, Google, Meta, and Snap join media companies and studios contributing to LA fire recovery efforts, with funding, products and services — YouTube, Google, Meta and Snap are pitching in to help L.A. recover from the wildfires that have caused devastation across the region and forced thousands to evacuate in the past week.
Discussion:
YouTube Official Blog, Music Ally, Billboard, The Hollywood Reporter, Deadline, @jeffbezos, Matt McLernon on LinkedIn, Kathy Baker on LinkedIn, @teddyschleifer, BetaNews, @sundarpichai@threads.net, @youtube@threads.net, David Krinsky on LinkedIn, The Hollywood Reporter, Karan Bhatia on LinkedIn, @netopia.bsky.social, Digital Music News, CNBC, TechCrunch, Social Media Today, MediaPost, The Wrap, Billboard, Forbes, Just Jared and Media Play News
Bloomberg:
Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B — - Existing VC backers are in talks to unload some of their stock — Xiaohongshu on track to regain 2021 peak as TikTok ban looms
Discussion:
User Mag, @khamchanh, @chen_yenhan, @goodvibepolitik, @raewolff_, @gldivittorio, @nicolatyche@threads.net, @wongmjane@threads.net, @nycxclothes@threads.net, @tomgara@threads.net, Reuters, @jerryiannelli.bsky.social, @rebeccawilliams.info, @jeanchimera.bsky.social, @junlper.beer, @zbowling, @juniorhoncho.bsky.social, Business Insider, Billboard and Tubefilter, more at Techmeme »
Josh Carpenter / Sports Business Journal:
Fox Sports and LIV Golf announce a multi-year rights deal, with “more than half” of the league's 14 events airing on Fox or FS1 and some on the Fox Sports App — LIV Golf has plugged in its two biggest offseason puzzle pieces in the last 24 hours, with the league announcing …
Discussion:
Variety, Sportico, The Hollywood Reporter, Daily Mail, Fox Sports, Cord Cutters News, @foxsportspr, @joshacarpenter and Front Office Sports
Lucas Shaw / Bloomberg:
Sources: Blackstone hires advisers to explore the sale of song rights, including from Bob Dylan, Adele, and Ariana Grande, that it expects to fetch $3B or more — - Music valuations have soared since Blackstone acquired SESAC — Apollo, Warburg, Pincus are among firms that looked at assets
Discussion:
@lucas_shaw
Kate Knibbs / Wired:
DoubleVerify says there is a jump in AI click farms, including a network of 200+ websites called Synthetic Echo, designed to siphon ad revenue from real outlets — A new report, shared exclusively with WIRED, shows how an AI content mill with hundreds of sites managed to pull big-name advertisers into their schemes.
Discussion:
@simonowens, Dan Levy on LinkedIn, @wired.com, @knibbs.bsky.social and @timmarchman.bsky.social
Urvi Dugar / Reuters:
UMG says Bill Ackman-led Pershing Square exercised its right to request a US offering and secondary listing of the record label; UMG has been based in Amsterdam — Universal Music Group (UMG.AS) said on Wednesday that billionaire Bill Ackman-led Pershing Square (PSH.AS) …
Discussion:
Billboard, @billackman, Universal Music Group N.V., Digital Music News, Music Business Worldwide and Bloomberg
Romain Dillet / Tech Crunch:
Mistral announces a content deal with the Agence France-Presse to improve answer accuracy in Le Chat, marking the French AI startup's first such partnership — Just a day after Google inked a deal with The Associated Press, Mistral is also announcing a content deal with the Agence France-Presse …
Discussion:
Mistral AI, Agence France-Presse, Benzinga and Financial Times, more at Techmeme »
Todd Spangler / Variety:
NBCUniversal's head of content distribution, Matt Bond, is stepping down after 20+ years at NBCU and Comcast, as NBCU prepares to spin off some cable networks — Exec will serve in an advisory role to NBCU for ‘the next few years’ … “In the spirit of leaving on a high note …
Discussion:
Deadline, Media Play News, The Wrap and The Hollywood Reporter
Bloomberg:
Vietnam slashes at least 16 state media outlets as part of a cost-cutting drive that will eventually leave just one national station on air — - State media outlets are slashed in cost-cutting drive — Communist Party plans to reduce size of government by 20%
Discussion:
RTÉ
TechCrunch:
In a deposition for the Kadrey v. Meta copyright case, Mark Zuckerberg seemingly cited YouTube to justify Meta's use of copyrighted data for AI training — Meta CEO Mark Zuckerberg appears to have used YouTube and its battle to take down pirated content to defend his own company's use …
Discussion:
Rolling Stone, more at Techmeme »
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