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As ViacomCBS expands CBS All Access with programming from Viacom and Paramount, it is considering rebranding the streaming service to Paramount+ — ‘Paramount+’ tops shortlist as battle with Disney moves centre stage in attempt to lift shares — ViacomCBS is considering a plan to rebrand …
Discussion:
@mattgarrahan, The Streamable, @tvmojoe, @sherman4949, @mgsiegler and @annaknicolaou
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ViacomCBS shares rose as much as 5.8% on Friday following a researcher's report that an activist investor may be gathering a significant stake — - Credit Suisse trades hint that shareholder is amassing stake — But any activist would have to win over Shari Redstone

The death of Bon Appétit shows why media companies, which have no idea what makes videos work, failed with their half-baked plans to pivot to video — There are a zillion reasons why I have been mourning the Bon Appétit Test Kitchen. The one that hurts most is that the slow …
Discussion:
Digiday, @kolbemarket, @sesmith, @clairelizzie, @heyamandabrown, @msmiller, @decadent_hag, @gabrieljr and @stefthepef

W magazine will now be called W Media after being sold to Bustle Media Group and investors including film and TV producer Jason Blum — The movie and television producer Jason Blum, the racecar driver Lewis Hamilton and the model Kaia Gerber will also be investors.
Discussion:
MediaPost, Adweek, @eiffeltyler and @kerrymflynn

More than 2,000 jobs at UK-based news organizations have been cut during the COVID-19 crisis so far, with a large proportion of editorial staff affected — More than 2,000 jobs at UK-based news organisations have been put at risk during the Covid-19 crisis so far, with more expected to follow.

Facing saturation and stiff competition in the US, media giants including Fox News and ViacomCBS are planning to launch new streaming services internationally — Facing saturation and stiff competition in the U.S., media giants are planning to launch new streaming services internationally to accrue more subscribers.
Discussion:
MediaPost and Insights - Nielsen

Facebook's employees and third-party fact-checkers say Facebook has sometimes overruled decisions on divisive content with little transparency — On May 8, Prager University, a nonprofit conservative media outlet, published a video on Facebook that incorrectly claimed “there is no evidence …
Discussion:
@rmac18, @craigsilverman, @prageru, @slpng_giants and @taraemcg, more at Techmeme »

Santa Cruz Local, a startup that focuses on county-level public policy reporting, has grown amid the pandemic to 500 paying members and 3,800 newsletter subs — Santa Cruz Local nearly doubled paying members since the coronavirus pandemic … “Hey everyone.
Discussion:
American Press Institute, @anikaanand00, @phillipadsmith, @needhibhalla, @kristenhare, @karambutan, @ckrewson, @jmpasko96 and @kdeanct

Warner Music acquires IMGN, which creates and tracks viral social media content in categories like e-sports, gaming, and ASMR, source says for just under $100M — It's a whole new playing field these days for music labels and publishers, and today one of the big three made an acquisition …

Google's Ad Exchange is demonetizing pages that merely mention issues of race and LGBTQ rights, classifying them as “dangerous or derogatory content” — On Martin Luther King Jr. Day this year, the Atlantic decided to recirculate King's famous “Letter From Birmingham Jail,” …
Discussion:
@josh_levin, @michellemanafy, @slate, @jon_fischer and @hypervisible, more at Techmeme »

USAGM removed seven top execs on Wednesday after suspending their security clearances, citing security concerns over hiring of foreign workers — Members of Congress on Thursday condemned a leadership purge at the parent agency of Voice of America, escalating criticism that a new chief executive appointed …
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@karenkornbluh and @vivian
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Daniel Lippman / Politico:
USAGM has hired Frank Wuco, a former talk radio host who has called Obama a Kenyan and Nancy Pelosi a Botox-using Nazi, among other incendiary statements
USAGM has hired Frank Wuco, a former talk radio host who has called Obama a Kenyan and Nancy Pelosi a Botox-using Nazi, among other incendiary statements
Discussion:
CNN, @alanmillernlp, Gizmodo, @muslimadvocates, @awarriorscholar, @mmasnick, @schwartzbcnbc, @gavinsblog, @ambdana, @dlippman, @dlippman, @media_evan and The Guardian

How Nexta, with a small editorial team of four in Warsaw and no website, is using its Telegram channel with 1.5M subscribers to bypass news blackout in Belarus — For days Belarusians have had little information of the unrest filling their streets, with state-run TV making little attempt …

UK court rules that Reach must pay damages of £49,000 to a school teacher following defamatory articles in The Sunday Mirror, Mirror Online, and Kent Live — A primary school teacher has been awarded damages of £49,000 over a series of articles published by three Reach titles.
Discussion:
bailii.org

Sources: Apple to launch “Apple One”, tiered subscription bundles, which will include Music, TV+, News+, and a new virtual fitness service, as early as October — - Company seeks more customer loyalty with twist on Amazon Prime — Bundles to include video, music, news, fitness and more
Discussion:
Forbes, Multichannel News, What's New in Publishing, Protocol, @rajuv, @genepark, @mgsiegler, @edemkumodzi, @film_girl, @gartenberg, @benbajarin, @lanceulanoff, @markgurman, @pkafka, @asymco, @ballmatthew, @arctictony, @alexhern, @somospostpc, @northmantrader, @kalltvatten, ScreenRant, ZDNet, Music Business Worldwide, The Streamable, The Verge, Fast Company and 9to5Mac, more at Techmeme »
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Mark Gurman / Bloomberg:
Sources: Apple to start offering first video content bundle to TV+ subscribers, combining CBS All Access and Showtime for $9.99/mo, starting as early as Monday
Sources: Apple to start offering first video content bundle to TV+ subscribers, combining CBS All Access and Showtime for $9.99/mo, starting as early as Monday
Discussion:
Digital TV Europe, MediaPost, MacRumors, Variety, The Streamable, AppleInsider, 9to5Mac, The Wrap, Vox, Gizmodo, VentureBeat, Decider, Cord Cutters News and Business Insider