Top News:
Andy Sheehan / CBS News:
Local efforts to keep the Pittsburgh Post-Gazette operating appear to have stalled; one potential buyer blames owner Block's unwillingness to speak with buyers — Add CBS News on Google — In less than three months, the Pittsburgh Post-Gazette is scheduled to go out of business.
Discussion:
@jayrosen.bsky.social and @cpotterpgh.bsky.social
Dominic Ponsford / Press Gazette:
In written evidence to the Prince Harry privacy trial, ex-Daily Mail editor Paul Dacre says allegations of phone hacking are “grave and sometimes preposterous” — Ex-Daily Mail editor Paul Dacre has described allegations of phone hacking, tapping and illegal newsgathering levelled …
Discussion:
Dominic Ponsford on LinkedIn, The Guardian, Financial Times and Reuters
Wall Street Journal:
The Office producer Ben Silverman's Propagate Content raised $50M from Ares Management at a $200M valuation, up 33% from 2023, as part of a creator-economy push — Before they were stars on Hulu, the women of “The Secret Lives of Mormon Wives” were best known from #MomTok, a community of mostly millennial Utah-based mothers on TikTok.
Discussion:
The Wrap, The Hollywood Reporter and Deadline
K.J. Yossman / Variety:
Sky and Disney sign a multiyear deal to offer Disney+ to Sky customers in the UK and Ireland at no extra cost, and Sky will bundle HBO Max, Netflix, and Hayu — Sky and Disney have inked a multi-year distribution deal that will see the broadcaster offer Disney+ to Sky customers in the U.K …
Discussion:
The Streamable, Advanced Television, Deadline, TVBEurope, Los Angeles Times, Daily Star, WebWire, The Sun, Sky News, Metro.co.uk, The Irish Times, Mirror, UK Press, LADbible, Digital Spy, Broadcast, Shortlist, Media Play News, GB News, @maxwelltani, @scottygb, The Times, The Hollywood Reporter, ISPreview UK, Broadband TV News, Business Plus, Radio Times, T3 and Telecompaper
Jonathan Vanian / CNBC:
Meta launches an AI feature that lets Threads users temporarily personalize their feed by specifying topics in a public post that begins with “Dear Algo” — Meta on Wednesday debuted an AI feature called “Dear Algo” that lets Threads users personalize their content-recommendation algorithms.
Discussion:
TechCrunch, Fast Company, The Verge, Android Central, Meta Newsroom and Digital Trends, more at Techmeme »
The Hollywood Reporter:
Cable TV networks canceling daytime talk show staples The Kelly Clarkson Show and Sherri show how they are now struggling to compete with video podcasts — Sky-high production costs and waning audiences are pushing hosts off the dial. Video podcasts may be the final blow to the format.
Alice Brooker / Press Gazette:
An interview with Dave Jorgenson, who launched WaPo's TikTok channel in 2019, about taking WaPo's video audience with him, launching long-form content, and more — The Washington Post's former face of Tiktok has said his decision to launch his own company was because video was not …
Sarah Perez / TechCrunch:
TikTok launches an opt-in Local Feed in the app's US version, including content related to travel, news, events, shopping, and dining near the user's location — TikTok on Wednesday announced the launch of a new “Local Feed” in the U.S. version of the app, which displays content related to travel …
Discussion:
Engadget, 9to5Mac and The Verge, more at Techmeme »
Caitlin Huston / The Hollywood Reporter:
Fox-owned podcasting company Red Seat Ventures acquires subscription monetization company Supercast, as it ramps up its podcasting efforts — The Fox-owned podcasting company bought monetization company Supercast. — Red Seat Ventures has acquired another company as it ramps up its podcasting efforts.
Discussion:
Podnews, Simon Owens's Media Newsletter, Barrett Media, The Wrap and Bloomberg
Alexandra Steigrad / New York Post:
Sources: 11 CBS Evening News employees, or about 25% of the staffers eligible for buyouts, have chosen the option ahead of impending layoffs — About a quarter of “CBS Evening News” staffers eligible for buyouts have chosen the option ahead of impending layoffs under editor in chief Bari Weiss, The Post has learned.
Discussion:
Breitbart, TV Insider and Zeteo
Amanda Meade / The Guardian:
Lenore Taylor, editor of Guardian Australia, is leaving the outlet after 13 years in senior roles and 10 years as editor; David Munk will serve as acting editor — Australia's longest-serving editor credited with transforming a fledgling news organisation into the fourth most-read news website
Sara Fischer / Axios:
Courier expands to nine more US states, bringing the progressive news network to 20 states, and says it has 104 employees, mostly working at local news outlets — Courier Newsroom, a local and national news group with a progressive perspective, is expanding to nine additional states this year, its publisher Tara McGowan told Axios.
Discussion:
@taraemcg.bsky.social
Lauren Thomas / Wall Street Journal:
Activist investor Ancora Holdings has built a roughly $200M stake in WBD and is planning to oppose the Netflix-WBD deal, favoring a deal with Paramount — Ancora builds a roughly $200 million stake in Warner Bros. Discovery and favors a deal with David Ellison's Paramount Skydance
Discussion:
Variety, TechCrunch, Awful Announcing, TVBEurope, The Times, Los Angeles Times, Deadline, The Streamable, Axios, New York Post, The Hollywood Reporter, Yahoo Finance, @danprimack, Reuters, Barron's Online, New York Times, Benzinga, Newsmax, Reuters, Bloomberg Law, Bloomberg, New York Post, The Wrap, Financial Times and r/MediaMergers
RELATED:
Lillian Rizzo / CNBC:
Paramount sweetens its WBD bid with a “ticking fee” worth ~$650M/quarter if the deal isn't closed by year-end and offers to fund WBD's $2.8B Netflix breakup fee
Paramount sweetens its WBD bid with a “ticking fee” worth ~$650M/quarter if the deal isn't closed by year-end and offers to fund WBD's $2.8B Netflix breakup fee
Discussion:
The Wrap, Variety, Variety, ExchangeWire.com, International Business Times, The American Bazaar, Business Wire, BMI, MediaNews4U, Financial Times, ANI News, Telecompaper, Deadline, Mediaweek, The Movie Blog, The Hollywood Reporter, Washington Examiner, Paramount, The Hill, The Times, StreamTV Insider, UPI, Associated Press, Reuters, CNN, Barron's Online, Yahoo Finance, Newsmax, Media Play News, Financial Times, Bloomberg, The Wrap, Reuters and Dow Jones Newswires
