Top News:
Jessica Testa / New York Times:
A look at SiriusXM's podcasting business; 2024's “off-platform earnings” were $606M, with podcast advertising making up most of that sum, up from $475M in 2022 — The company famous for car radio and Howard Stern has recently climbed the podcast charts by betting hundreds …
Discussion:
@jtes and Barrett Media
Sarah Perez / TechCrunch:
Bluesky blocks access to its service in Mississippi, saying it doesn't have the resources to comply with the state's broad new law requiring age verification — Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law.
Charlotte Tobitt / Press Gazette:
Four outlets have taken down AI-generated articles by a “journalist”; Wired says the article it took down didn't get a proper fact-check or sufficient editing — More editors reveal they had been pitched by ‘Margaux Blanchard’. — Wired has revealed that a request …
Haroon Siddique / The Guardian:
Actor Noel Clarke loses his UK libel case against the Guardian over an investigation in which he was accused of sexual misconduct by more than 20 women — High court rejects actor's claim that accusations against him by more than 20 women were false and part of a conspiracy
Julian Wyllie / Current:
South Dakota Public Broadcasting plans to lay off 25% of its staff, affecting public affairs programming; CPB funding made up 20% of its FY24 revenue — Screenshot/YouTube … " id="street-iframe-svdc8d6wzow0000000000 " style="max-width: 100%;"> — “These reductions include the elimination …
Discussion:
SDPB, Inside Radio, @chrisottolnp.bsky.social and Radio & Television …
Sarah Raza / Associated Press:
After News Media Corporation announced the closure of 31 outlets in five states on August 6, a publishing group bought 8 papers in WY and another bought 4 in SD — A dozen recently shuttered newspapers across Wyoming and South Dakota are set to publish again, after buyers stepped up within days …
Alex Sherman / CNBC:
Sources: ESPN is in talks to license MLB.TV and wants midweek national games, giving up Sunday Night regular season games and the Home Run Derby — Disney's new ESPN flagship streaming app launches Thursday. Here's what we know — Microsoft and NFL announce multiyear partnership to use AI to enhance game day analysis
Discussion:
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Wall Street Journal:
Sources: NBCU is in advanced talks with MLB to carry games on NBC and Peacock for close to $200M/year; Netflix nears a deal for the Home Run Derby at $35M+/year
Andrew Marchand / The Athletic:
Sources: ESPN and MLB have a deal framework giving ESPN exclusive rights to sell out-of-market regular-season games digitally and in-market games for five clubs
Sources: ESPN and MLB have a deal framework giving ESPN exclusive rights to sell out-of-market regular-season games digitally and in-market games for five clubs
Discussion:
Wall Street Journal, Benzinga, Sports Business Journal, Poynter, NCS | NewscastStudio, TVNewsCheck, Fox Business, New York Post, @dannygroner.bsky.social, Cord Cutters News, masslive.com, Reuters, Variety, Awful Announcing, Media Play News, @velociicoaster.bsky.social, Barrett Media and Awful Announcing
Brent Lang / Variety:
Sources: Paramount layoffs could affect 2,000 to 3,000 employees and are expected by early November; Paramount had 18,600 employees globally as of December 2024 — After closing its merger with Skydance this month, Paramount is poised to enact deep staffing cuts across its various divisions …
Discussion:
Reuters, The Wrap, Deadline and Cord Cutters News
Jennifer Maas / Variety:
The National Association of Broadcasters and several broadcasting companies urge the FCC to end its rule capping the number of TV stations an entity can own — The National Association of Broadcasters (NAB) and several broadcast companies called for a repel of the FCC's longstanding national TV ownership rule on Friday.
New York Times:
Veteran anchor Chris Wallace has become a senior adviser for news and media investments at RedBird Capital Partners, a major Skydance investor — The longtime news anchor recently began working for a financial firm connected to CBS's new parent company and has spoken with the network's owner, David Ellison, several times.
Discussion:
TVNewsCheck, The Wrap, Status and @carlquintanilla.bsky.social
Esther Zuckerman / New York Times:
Studios are rereleasing old films in theaters, helping them pad out thin slates; Universal has 12 rereleases on its 2025 slate, vs. four in 2024 and two in 2023 — The multiplex is awash in titles that are 15, 20, even 60 years old. Nostalgia is a factor but economics play a big part, too.
Discussion:
@kennysmith.bsky.social
Daniel Thomas / Financial Times:
Filing: OnlyFans gross revenue hit $7.2B in FY ending Nov. 2024, up from $6.6B YoY, and paid $5.8B to creators, up from $5.3B; creator accounts grew 13% to 4.6M — Porn streamer paid $5.8bn to content creators last year as Leonid Radvinsky holds talks over offloading majority stake
Discussion:
The Guardian, Business Insider, Tubefilter, The Information, Forbes, Variety, The Standard, Proactive, Benzinga, Telegraph and Bloomberg, more at Techmeme »
Anu Adegbola / Search Engine Land:
Google begins rolling out Asset Studio in beta, letting advertisers generate and edit images, videos, and voiceovers directly in the Google Ads interface — Google's long-teased Asset Studio, first announced at Google Marketing Live in May, has now surfaced in accounts. — How it works.
Discussion:
Search Engine Roundtable
