Top News:
Paul Farhi / Washington Post:
Washington Post names Sally Buzbee as its executive editor; Buzbee, who is executive editor of the AP, will be the first woman to lead the news organization — The Washington Post has named veteran journalist Sally Buzbee of the Associated Press as its executive editor …
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Jessica Toonkel / The Information:
Sources: BuzzFeed is in talks to acquire Complex Networks after BuzzFeed goes public via a SPAC, 890 Fifth Avenue Partners, even as the SPAC market slows down — BuzzFeed is in talks to acquire digital lifestyle publisher Complex Networks as part of its plan to go public by merging …
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Bloomberg:
Sources: TikTok has begun working with merchants in Europe, including the UK, to test ways they can sell products directly to users within the app — - ByteDance working with brands like Hype to sell items to users — World's largest startup moving aggressively into e-commerce
Sara Fischer / Axios:
Bustle Media Group CEO says the company is rebranding as BDG, plans to go public via SPAC later this year, and is hoping to acquire more media brands — Bustle Digital Group is formally rebranding to BDG, its founder and CEO Bryan Goldberg tells Axios. The new logo and name will roll out Tuesday.
Discussion:
TechCrunch and @seangriffey
Sarah Perez / TechCrunch:
YouTube plans to pay $100M to top creators on YouTube Shorts, its TikTok competitor, through 2022, starting in the next few months in the US and India — YouTube is giving its TikTok competitor, YouTube Shorts, an injection of cash to help it better compete with rivals.
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New York Times:
The Golden Globes, first seen as meaningless at best and corrupt at worst, gained power via strong production and support from people including Harvey Weinstein — The group that was once assailed by the F.C.C. steadily gained influence in Hollywood over the years until scrutiny of its practices …
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Mike Fleming Jr / Deadline:
NBC says it will not air the 2022 Golden Globes; sources: Tom Cruise returned his three Golden Globes to join the protest against HFPA
NBC says it will not air the 2022 Golden Globes; sources: Tom Cruise returned his three Golden Globes to join the protest against HFPA
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@theappealunion:
[Thread] The Appeal Union says The Appeal is formally recognizing the union and “pausing layoffs” — Yesterday, we announced our union and requested voluntary recognition from The Appeal's management. Minutes later, they tried to lay off almost a third of our unit. Today, management said they will recognize our union and pause layoffs. Here's our statement: https://twitter.com/...
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Joshua Benton / Nieman Lab:
The Appeal staff say the outlet announced retaliatory layoffs minutes after a staff email to management announcing a union drive
The Appeal staff say the outlet announced retaliatory layoffs minutes after a staff email to management announcing a union drive
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Katie Robertson / New York Times:
Hearst sells the US version of Marie Claire to Future, publisher of Marie Claire UK and other titles; Future says it hopes existing US staffers will stay on — Hearst Magazines, the home of numerous publications aimed at women including Cosmopolitan, Redbook and Harper's Bazaar …
Discussion:
MediaPost, WWD, Future, New York Post, The Business of Fashion and Fashionista
William Turvill / Press Gazette:
Piano says its largest clients had an average subscription growth of ~58% over the past year; 74% of annual subscribers remain loyal vs 46% of monthly subs — Digital subscriptions have become an increasingly significant business for English-language news providers over the past year.
Todd Spangler / Variety:
NBCU-owned Rotten Tomatoes is launching a streaming channel, first on the Roku Channel, then on Peacock and Xumo — Rotten Tomatoes is continuing on its quest to grow into something substantially bigger than its Tomatometer movie and TV rating scores. — On Tuesday, the website …
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The Streamable, @eileentv, @sonnybunch, @scott_tobias, Cord Cutters News, @loudmouthjulia, @loudmouthjulia, Fast Company, @loudmouthjulia and Adweek
Alex Weprin / Hollywood Reporter:
Amazon's Wondery partners with Apple to add its subscription service Wondery+ to Apple Podcast Subscriptions with the same $4.99 per month pricing — The deal marks an unusual partnership between Apple and Amazon, which owns Wondery.
Discussion:
9to5Mac, MacRumors and AppleInsider
Mark Sweney / The Guardian:
UK TV executives expect Q2 ad spend to reach pre-COVID-19 levels of over £1B, thanks to European Championship football, Love Island, and other big shows — Covid hit UK's ad-dependent broadcasters but rebound is on cards, with Euro 2020 and more — The return of must-watch TV …
Sara Fischer / Axios:
Crypto news site Blockworks says it anticipates $8M-$10M in revenue in 2021 while being profitable and plans to grow staff from 17 to about 40 people — A slew of new crypto media companies have gained enormous traction over the past year, thanks to the digital currency craze taking over Wall Street.
Discussion:
@fintechfrank, @jasonyanowitz and @blockworks_