Top News:
CNN:
With Trump's media habits once again having serious foreign policy effects, Fox News takes a pro-war stance in the MAGA media feud over the Israel-Iran conflict — As conservative radio host Clay Travis opened his mouth Tuesday night on Fox News, he was hyper-aware of the viewer-in-chief.
Discussion:
Columbia Journalism Review, Media Matters for America, NPR, Bloomberg, BBC, Deadline, Vanity Fair, Kourosh Ziabari on LinkedIn, New York Times, New York Daily News, New Jersey Online, OutsideTheBeltway, @brianstelter, @brianstelter, Politico, NBC News, The Free Press, The Left Hook with Wajahat Ali, Raw Story, USA Today, Fox News, New Republic and Daily Mail
Kayla Cobb / The Wrap:
Cannes Lions: YouTube CEO Neal Mohan says YouTube Shorts now averages 200B daily views, up 186% from the 70B average daily views YouTube reported in March 2024 — CEO Neal Mohan also shares that AI model Veo 3 will be coming to the social media platform this summer — YouTube has crossed another major milestone.
Discussion:
Android Authority, Android Police, TechRadar, The Desk, Tubefilter, 9to5Google, Ars Technica, Tomer Margolin on LinkedIn, Lowpass and The Verge
RELATED:
Alex Weprin / The Hollywood Reporter:
At Cannes, YouTube CEO Neal Mohan says YouTube plans to integrate Google's most advanced AI video generation tool, Veo 3, into YouTube Shorts later this summer — The Veo 3 video generator is capable of creating both videos and sound based on text prompts, with YouTube CEO Neal Mohan saying the …
Todd Spangler / Variety:
Tubi launches Tubi for Creators, a new program that includes licensing more than 500 episodes from six YouTube creators, including Rhett & Link's Mythical — Fox-owned free streamer has hired ex-Vimeo exec Rich Bloom as GM of creator programs — Tubi is expanding its streaming buffet …
Discussion:
TVNewsCheck, The Desk, TechCrunch, Deadline, Streaming Better, Anjali Sud on LinkedIn, Cord Cutters News, Tubefilter and NewscastStudio
Dominic Ponsford / Press Gazette:
The Daily Beast says Reddit and Facebook have made up for falling Google referral traffic; Vox CEO says OpenAI is a good partner but still undervalues content — Reddit and Facebook have made up for falling referral traffic from Google for the Daily Beast.
Discussion:
Forbes, Benzinga, Yahoo Finance, Search Engine Roundtable and Digiday
Elsa Keslassy / Variety:
London- and Paris-based Animaj, a kids' media company that uses proprietary generative AI production tools to automate animation pipelines, raised $85M — HarbourView Equity Partners is leading a $85-million investment in Animaj, the AI-powered media company specializing in kids & family entertainment.
Anthony D'Alessandro / Deadline:
Alcon buys Village Roadshow's library of 108 films for $417.5M, following Village Roadshow's bankruptcy in March; the library generates an estimated $50M/year — Alcon Media Group LLC has won its $417.5 million bid to acquire Village Roadshow Entertainment Group's library of 108 feature film titles, Alcon said Wednesday.
Discussion:
The Wrap, Variety, Jessica Urven on LinkedIn and The Hollywood Reporter
Charlotte Tobitt / Press Gazette:
The Economist reports revenue up 2% YoY to £368.5M for FY ending March 31, operating profit up 2% to £48.1M, subscribers up 3% to 1.25M, and digital subs up 8% — The Economist has reported a record year for revenue fuelled by growing subscriptions.
Discussion:
@pressgazette
Megan Graham / Wall Street Journal:
A look at the media company Breaking and Entering, whose “60 Seconds of Advertising News” videos have become vital morning viewing for ad industry executives — Breaking and Entering has expanded from a podcast for young creatives to a daily must-watch news roundup for ad leaders
Financial Times:
Major US brands like Bud Light have shifted advertising strategies away from DEI themes, sources say due to fears of a Trump administration backlash — During this year's Super Bowl, American viewers were given a blast from the past when food chain Carl's Jr once again rolled …
Discussion:
@robertscotthorton.bsky.social and @eicathomefinn.bsky.social
Dan Milmo / The Guardian:
Deezer says AI-made music accounts for just 0.5% of streams on the music streaming platform, but up to 70% of those streams are fraudulent — According to the French streaming platform's analysis, fraudsters use bots to listen to AI music and take the royalties
Financial Times:
Netflix signs a landmark deal with France's TF1 to show linear TV for the first time; TF1 will broadcast all five of its channels, showing live sports and more — Deal will be closely watched by broadcasters, who are losing millions of viewers to streaming giants — Daniel Thomas and Hannah Murphy in Cannes
Discussion:
Adweek, Broadband TV News, The Hollywood Reporter, TVBEurope, Deadline, Business Insider, Emma Lloyd on LinkedIn, iPhone in Canada, New York Times, Kidscreen, Thurrott, Spyglass, How-To Geek, @feelinglistless.bsky.social, TipRanks Financial, @jonathankey.bsky.social, @m0byduck.bsky.social, @danielthomasldn, @gregjenner.bsky.social, The A.V. Club, Ars Technica, Barron's Online, Maylis Çarçabal on LinkedIn, Telegraph, The Desk, Maria Ferreras on LinkedIn, Cord Cutters News, Screen, The Wrap, @charlesubaghs.bsky.social, The Verge, TVNewsCheck, Agence France-Presse, Los Angeles Times, The Hollywood Reporter, Media Play News, Advanced Television, Variety, WORLD SCREEN and Semafor, more at Techmeme »
