Top News:
Aditya Kalra / Reuters:
Sources and documents: India's CCI details alleged collusion among GroupM, Omnicom, and other major ad agencies to fix minimum ad commission rates via WhatsApp — Omnicom Media's India chief was frustrated. It was October 5, 2023 and a rival was trying to poach the U.S. firm's client …
Discussion:
@adityakalra, @kushanmitra, @adityakalra, @adityakalra and BMI
Ethan Shanfeld / Variety:
Q&A with Seth Meyers on why he might be one of the last late-night TV hosts, how podcasts affected late-night talk shows, expanding SNL to the UK, and more — “My wife and I are both very cognizant of the fact that we don't want our kids to have trauma based on what I'm doing on stage …
Discussion:
Fox News
Aisha Counts / Bloomberg:
SoftBank-backed Spotter, which fronts cash to YouTubers for a cut of revenue, is facing significant challenges due to YouTube's shift toward Shorts, and more — The company, which boasted a new way for social media stars to fund their operations, fronted millions of dollars to creators …
Dave Levinthal / Columbia Journalism Review:
Mike Huckabee, the US ambassador to Israel, still earns profits from Substack subscriptions despite ceding editorial control of the Huckabee Post to his son — Mike Huckabee, now the US ambassador to Israel, earns a substantial sum from Substack subscriptions—and the company takes a portion of the fees.
Discussion:
@mattlaslo.bsky.social, ArkansasTimes, [your]NEWS, Jonathan Larsen's Substack, NewsMax.com, CBS News, Breitbart and KFSM
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 …
Discussion:
Tom's Guide, The Economic Times, Bizcommunity, Thurrott, Search Engine Journal, Android Central, The Hindu and Engadget
RELATED:
Peter Kiefer / The Hollywood Reporter:
Q&A with Ashokan Studios' Justin Wells on making “high quality” conservative content, the second season of his doc about Trump's campaign and second term, more — Banished from Fox News with his boss Tucker Carlson, Justin Wells is back with a buzzy Trump documentary …
Dominic Ponsford / Press Gazette:
The Telegraph withdraws a story about a rich banker hit by the cost of UK school fee rises after being deceived by a source and publishes a home page apology — Update: Telegraph has now published an apology to its readers. — The Telegraph has withdrawn a story about a rich banker hit …
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:
Mediaite, HuffPost, Columbia Journalism Review, American Thinker, Washington Examiner, Raw Story, The Dispatch, @brianstelter, @brianstelter, NOTUS, The Poke, NPR, Vanity Fair, Kourosh Ziabari on LinkedIn, Deadline, The Japan Times, New York Daily News, OutsideTheBeltway, NBC News, Politico, New Jersey Online, The Left Hook with Wajahat Ali, The Free Press, New York Times and New Republic
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:
The Hollywood Reporter, ExchangeWire.com, Broadband TV News, TVBEurope, Deadline, Tech Times, Mumbrella, Business Insider, Emma Lloyd on LinkedIn, iPhone in Canada, Adweek, @danielthomasldn, Cord Cutters News, TipRanks Financial, Ars Technica, Kidscreen, New York Times, @m0byduck.bsky.social, @gregjenner.bsky.social, @charlesubaghs.bsky.social, The Wrap, The A.V. Club, Maria Ferreras on LinkedIn, Thurrott, Barron's Online, Maylis Çarçabal on LinkedIn, The Desk, The Verge, Telegraph, Spyglass, @jonathankey.bsky.social, Screen, TVNewsCheck, @feelinglistless.bsky.social, WORLD SCREEN, About Netflix, Agence France-Presse, The Hollywood Reporter, Variety, Los Angeles Times and Semafor
The Hollywood Reporter:
How top Hollywood creatives are pushing Gov. Gavin Newsom to expand California's film and TV program from $330M to $750M, seeking to halt a production exodus — In Sacramento, A-listers delicately push to expedite a bulked-up tax incentive to halt a production exodus.
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, Deadline, Tubefilter, Anjali Sud on LinkedIn, NewscastStudio, TechCrunch, Streaming Better and Cord Cutters News
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:
Bloomberg Law, Forbes, Benzinga and Yahoo Finance
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:
Jessica Urven on LinkedIn, Variety, The Hollywood Reporter and The Wrap
