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9:20 AM ET, April 30, 2021

Mediagazer

 Top News: 
Sam Schechner / Wall Street Journal:
EU charged Apple with antitrust violations, alleging it squeezed rival music streaming apps by requiring them to use Apple's in-app payments system  —  EU accuses Apple of forcing many apps to use its in-app payment system on which it takes commissions, saying it ‘distorted competition’ in music streaming
Gerry Smith / Bloomberg:
Source: Stewart Bainum offers to double his stake to $200M in a bid for Tribune and would tap $100M in debt financing; he seeks a partner to buy Chicago paper  —  - Stewart Bainum offers to include $200 million of his own money  — Bid partner Hansjoerg Wyss dropped out of an earlier proposal
RELATED:
Julie Reynolds / DFM Workers:
Alden has said it will pay $375M to buy remaining Tribune shares, but its financial issues indicate it may force Tribune to take on debt to finance the purchase  —  Cash-strapped and banished from its luxury offices, Alden Global Capital has crafted a Faustian bargain to buy the publisher
Todd Spangler / Variety:
Jeff Bezos says Prime Video streaming hours are up over 70% YoY, with more than 175M Prime members having streamed TV shows and movies in the past year  —  Amazon knocked the cover off the ball again in the first quarter of 2021 — and released a new data point: More than 175 million Prime members …
RELATED:
Megan Graham / CNBC:
Amazon says its “other” unit, comprised mostly of advertising, had Q1 revenue of $6.9B+, up 77% YoY, beating expectations and up from 44% YoY growth in Q1 2020
Ina Fried / Axios:
Coalition of groups including Pen America, EFF, and more call on Biden to form a task force to combat deliberate disinformation without limiting free expression  —  A coalition of groups is calling on President Biden to create a task force that can explore ways to crack down on deliberate …
@usatoday_pr:
[Thread] In a letter, Gannett disputes specific wage and demographic data shared by the NewsGuild after a study of 14 unionized Gannett newsrooms  —  .@Gannett issued a response to @newsguild and their misinformation campaign re: the ‘study’ of 14 out of our 250+ newsrooms. We address the facts that were not disclosed. Gannett is on a journey. We've been transparent about our goals. #facts https://usatodaynetworkcareers.com/ ...
Reuters:
Sources: Forbes Media, bought by Integrated Whale Media in 2014, is in talks to go public via merger with a SPAC; it also is taking bids from private investors  —  NEW YORK (Reuters) - Business news and information publisher Forbes Media LLC is in talks to go public through a merger …
Bloomberg:
Endeavor, owner of UFC and WME, rose 5% in its trading debut after raising $511M in its IPO; shares opened at $24 and closed at $25.20  —  - Shares of media-talent company up 5% in first day of trading  — Silver Lake to control most of media firm's voting power
Thomas Moore / The Hill:
Survey of 1,762 non-satellite TV stations: 20.5% of TV newsroom leaders said staff had been physically attacked in 2020; 39% in top-25 markets reported attacks  —  More than one in five U.S. television newsrooms reported that their journalists were violently attacked last year and even more stations …
Pew Research Center:
In first 100 days, about two-thirds of news coverage dealt with Biden's policy, while most early Trump coverage was framed around his character and leadership  —  About two-thirds of news coverage dealt with Biden's policy agenda, while about three-quarters of early Trump coverage was framed around leadership skills
 
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Publishers with subscription revenue are faring better than those without  —  Debates about the merits of subscription models continue, but publishers with reader revenue appear to be faring better in the current media environment than those without.
 
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 More News: 
Matt Kristoffersen / The Reporters Committee …:
In a letter, media organizations urge DOJ to include law enforcement's treatment of the press in DOJ's civil rights probe into police departments in KY and MN
PR Newswire:
Meredith Q3: adjusted earnings of $111M on revenue of $664.5M, down 5% YoY; digital ad revenue grew 21% YoY, licensing revenue grew 31% driven by Apple News+
 Earlier Picks: 
Sheila Dang / Reuters:
Facebook says it is giving $5M to support local journalists using its new newsletter service; candidates covering communities of color will be given priority
Jill Goldsmith / Deadline:
Comcast Q1: Peacock has 42M signups, up from 33M in Q4 2020 with addition of The Office and WWE; NBCU income fell ~12% YoY to $1.5B, revenue down 9% YoY to $7B
Stephen Battaglio / Los Angeles Times:
A look at the implosion of NewsNation, as Nielsen data shows it averaged 27,000 viewers in prime time during April, compared to 2.2M for Fox News and 1M for CNN
 

 
From Techmeme:

Shira Ovide / Washington Post:
Many local US police departments are fearmongering by issuing warnings on the privacy risk of the iPhone's NameDrop feature, used to wirelessly share contacts

Matt Levine / Bloomberg:
How OpenAI's leadership chaos points to lingering governance issues and could affect its business prospects ahead of fundraising at an $86B valuation

Duncan Riley / SiliconANGLE:
AWS announces AI foundation model enhancements to its automated speech recognition service Transcribe, now supporting 100+ languages, and to Personalize and Lex

 
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