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12:25 PM ET, September 17, 2021

Mediagazer

 Top News: 
Joshua Benton / Nieman Lab:
A few people called Genius the future of journalism, but its vision of simply adding boxes for comment on others' work was emblematic of its founders' arrogance  —  Genius (née Rap Genius) wanted to “annotate the world” and give your content a giant comment section you can't control.
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Sarah McBride / Bloomberg:
Music-annotating startup Genius sells its assets to MediaLab for $80M; MediaLab says it will cut some jobs in original content production teams  —  The sale price is less than the total funding raised.  —  Music-annotating startup Genius Media Group Inc., a site that drew attention in part …
Steven Perlberg / Insider:
Axios names Sara Kehaulani Goo as EIC, as it readies niche paid newsletters product Axios Pro; source: Axios is on track to make ~$85M in revenue this year  —  - Axios named Sara Kehaulani Goo and Aja Whitaker-Moore editor-in-chief and executive editor, respectively.
Politico:
DHS: American extremists used TikTok in the lead-up to the Jan. 6 riots to recruit new members and share “tactical guidance” for terrorist and criminal activity  —  Extremists foreign and domestic have used the video platform, DHS says.  The app says it has “absolutely no place” for violence and hate.
Casey Newton / Platformer:
One year in, Casey Newton has doubled his Substack subscribers to ~50K, of which <10% convert to paid; Discord and Twitter are effective for attracting readers  —  A year ago, I quit the best job I ever had to start Platformer.  Today I wanted to tell you all how it's going, what I've learned …
Todd Spangler / Variety:
WarnerMedia is offering a 50% discount for six months on the HBO Max ad-free monthly plan until September 26 as HBO subscriptions via Amazon shut down Wednesday  —  WarnerMedia is trying to help offset the loss of about 5 million HBO subscribers who had signed up through Amazon in the U.S. with an aggressive discount offer on HBO Max.
Financial Times:
China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced  —  China has launched a crackdown on financial blogs and social media, a move that risks exacerbating the difficulty …
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Samuel Petrequin / Associated Press:
European Commission issues recommendations to EU states to better protect journalists, including greater cooperation between media and cybersecurity bodies  —  BRUSSELS (AP) — The European Union's executive arm asked its member countries Thursday to better protect journalists amid a rise …
Discussion: The Guardian
Catie Keck / The Verge:
A judge has ordered the permanent shutdown of Locast, a nonprofit that streamed broadcast channels for free while frequently prompting viewers for donations  —  Things looked bad for Locast before, and they just got even worse.  A judge this week permanently prohibited streamer Locast …
Reuters:
French court upholds a ruling by markets watchdog AMF against Bloomberg for publishing a hoax press release, but lowers fine from €5M to €3M  —  A French appeal court on Thursday upheld a ruling by France's markets watchdog AMF against U.S. news agency Bloomberg for publishing a hoax press release …
Mark Scott / Politico:
A look at EU Reporter, which portrays itself as an independent media organization while regularly failing to add disclosures to paid-for content  —  Brussels news outlet EU Reporter's blend of corporate press releases, original news and paid-for content makes it impossible for readers to determine who's behind the coverage.
 
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 More News: 
Mike Masnick / Techdirt:
The 8th Circuit's bizarre decision greenlighting a lawsuit over a Ryan Lizza tweet about Devin Nunes sets a dangerous precedent for defamation claims
 Earlier Picks: 
News UK:
Piers Morgan is joining News Corp and Fox News, where he will have a TV show in early 2022, and will also be a columnist at The Sun and the New York Post
News UK:
News UK announces the launch of talkTV, a linear and OTT channel featuring news, opinion, and sports shows, in early 2022
Jay Willis / Balls and Strikes:
The SCOTUS press corps, dominated by older white men, has actively denied the court's shift to the right, clearly shown by extremist shadow docket decisions