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Comcast reports Q4 revenue up 2% YoY to $31.92B and media revenue, including its TV networks, up 3.5% to $7.22B; Comcast lost 311K cable TV customers — Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
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Reuters, Advanced Television, Variety, Reuters, @richlightshed, CNBC, WORLD SCREEN, @dvdnddiplomats, @sherman4949, Yahoo Finance, Barrett Media, Barron's Online, Bloomberg, Deadline, @bristei, @tvgrimreaper and Comcast
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Mike Cavanagh says Comcast is “not really running a Peacock-only strategy. We're running a broadcast-plus-streaming strategy”, as NBCU prepares a spin off — NBCUniversal executives offered one statistic during the company's Q4 earnings call that explains everything …
Discussion:
Adweek, Deadline, @tvgrimreaper and @tvgrimreaper
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Comcast reports Peacock's Q4 losses fell to $372M from an $825M loss in Q4 2023 and revenue rose 28% YoY to $1.3B; subscribers stood at 36M, unchanged from Q3
Discussion:
The Streamable, The Wrap, Streaming Better, The Information, Media Play News and @tvgrimreaper
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Meta agrees to pay ~$25M to settle Trump's 2021 lawsuit against Meta and Mark Zuckerberg after the company suspended his accounts following the January 6 riot — The president had sued the social-media company after his accounts were suspended following Jan. 6 riot
Discussion:
Washington Post, Axios, New York Times, MediaPost, theJasmineBRAND, IJR, UPI, @mediaevan, NPR, @emilybell.bsky.social, Poynter, HuffPost, @mattgertz, emptywheel, AV Club, @rebeccaballhaus, Digby's Hullabaloo, The Guardian, Benzinga, The Hill, One America News Network, @davidfrum.bsky.social, Reclaim The Net, Reuters, @katarinacorleone.bsky.social, RedState, CNBC, Mediaite, Raw Story, @derfbackderf.bsky.social, Politico, Le Monde, Forbes, @philipmai.com, The Verge, Engadget, The Gateway Pundit, The Desk, Daily Mail, @zacheverson.com, The Post Millennial, ABC News, Associated Press, @kjhealy.co, The Atlantic, @annmlipton@esq.social, TVNewsCheck, NBC4 Washington, @documentingmeta@threads.net, The Information, Variety, The Wrap, ZeroHedge News, @bgrueskin.bsky.social, CNN, The Independent, @noupside.bsky.social, @brianfung.me, @brianstelter.bsky.social, @jeffhorwitz.bsky.social, Business Insider and CBS News, more at Techmeme »
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Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an “invasive and charged interview” for canceling Lemon's $1.5M partnership with X — - Former CNN star is suing Musk over failed $1.5 million deal — X owner says journalist's interview led to ‘sour’ relationship
Discussion:
The Wrap, @mediaevan.bsky.social, @kurtwagner.bsky.social, @kurtwagner.bsky.social and The Root
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The BBC apologizes to staff after an internal review found employees felt unable to raise concerns about Russell Brand's misconduct during his tenure at BBC — The BBC has apologised to staff who felt they could not speak up with concerns about Russell Brand's behaviour because he was seen as …
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The Washington Post names Peter Spiegel as its new managing editor; Spiegel most recently was the Financial Times' US managing editor for nearly six years — The veteran, award-winning journalist will oversee the National and Local newsroom departments, including coverage of politics, national security and immigration
Discussion:
@dsquareddigest.bsky.social and @sidhubaba
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Letter: DMG Media plans to merge Daily Mail's print operations with MailOnline, resulting “in a number of job losses”, as it looks to boost Mail+ subscriptions — Company says print and digital news operations will come together with reporters and editors producing stories for print and online
Discussion:
Press Gazette
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UK magazine publisher Future names its EVP of B2C Kevin Li Ying as its next CEO, succeeding Jon Steinberg, effective from March 31 2025 — Future has named its executive vice president of business-to-consumer operations and former chief technology officer, Kevin Li Ying, as its next CEO.
Discussion:
@futureplc and DirectorsTalk Interviews
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Amazon hikes prices of Amazon Music Unlimited for Prime and non-Prime members by $1 to $10.99 and $11.99 per month, and Unlimited Family Plan by $3 to $19.99 — The higher prices come just a few months after market leader Spotify adjusted subscription prices of its own.
Discussion:
TechCrunch, Android Authority, Tom's Guide, Pocket-lint, Pocket-lint, Music Business Worldwide, Billboard and Digital Trends
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Netflix is expanding its partnership with WWE by offering exclusive access to the WWE 2K video games on mobile starting in fall 2025 — It follows live streaming deals with WWE. — If there are two things Netflix has been pushing over the last couple years its live sports and games.
Discussion:
Variety, CNET, @netflixgames_, Vulture and Insider Gaming
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NewsGuard: with news-related prompts, DeepSeek's chatbot repeated false claims 30% of the time and provided non-answers 53% of the time, giving an 83% fail rate — Chinese artificial intelligence firm DeepSeek's new chatbot failed to provide accurate information about news …
Discussion:
The Verge, Politico, The Mirror, @firstadopter, TechNode, @brianfung.me, @newsguard.bsky.social, @peark.es, BGR, Interesting Engineering, Gizmodo, Fortune and Reuters, more at Techmeme »
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How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of the total playtime was spent in games made by creators — Playgrounds aren't often associated with labor, but that doesn't negate the reality that the leisure of some comes from the labor of others.