Top News:
Jim Waterson / The Guardian:
Richard Sharp resigns as BBC chair after months of mounting pressure over his role in helping Boris Johnson get a loan and handling of the Gary Lineker row — Investigation says Sharp broke rules on public appointments, creating ‘potential perceived conflict of interest’
Discussion:
New York Times, BBC, The Wrap, Financial Times, Deadline, @2015shaggy, @tariqali_news, The Sun, NPR, @bbcbreaking, @ianclucas, Los Angeles Times, @jneill, @janemartinson, @craigoliver100, @lucympowell, @lewis_goodall, @arusbridger, @grouse_beater, @life_disrupted, @richardjmurphy, @edwinhayward, @marshadecordova, BBC, @thenewsagents, @eggsbened, @edwina_currie, @loxyflo, The Desk, @wowestminster, @cstsher, @gralefrit, @kevin_maguire, @trevorw1953, @bladeofthes, Bloomberg, GOV.UK, @writesbright, Bloomberg.com, @gabriel_pogrund, Raw Story, @greenpartyjack, @sloughforeu, @johnkampfner, @rasmus_kleis, @itvnewspolitics, @amocs, @pippacrerar, Metro.co.uk, Broadband TV News, Variety, NBC 6 South Florida and The Hollywood Reporter
Reuters:
EU lawmakers push forward an AI Act draft, which includes requiring companies deploying generative AI tools to disclose copyrighted material used for training — Companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems …
Discussion:
The Verge, Light Reading and MediaNama, more at Techmeme »
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Ashley Carman / Bloomberg:
On earnings calls, Spotify's Daniel Ek says generative AI should lead to more music creation but, like UMG's Lucian Grainge, raises copyright concerns — Hello and welcome back to Soundbite. Today we have a grab bag of news. As always, if you have something to share, reach me through email …
Discussion:
Music Business Worldwide
Jonathan Vanian / CNBC:
Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+ — - Snap came in light on revenue and ARPU in its first-quarter earnings report. — The company said its “internal forecast” …
Discussion:
New York Times, @jscros, @danprimack, @joshua_eaton, @s_m_i, @carnage4life, @levynews, Music Ally, Fast Company and Variety, more at Techmeme »
Alexandra Bruell / @alexbruell:
The New York Times is using a new format that breaks down some news articles into sections like “Why It Matters” — Mini scoop: The New York Times is using a new format that breaks down some news articles into sections, such as “Why It Matters.” Feels very Axios. Here's an example https://www.nytimes.com/...
Discussion:
@trevormail, @vidiot_, @casapazzo, @alexbruell, @joshtpm, @dceiver, @daveweigel, @seungylee14, @metzgov, @shawnmccreesh, @ndhapple, @macfathom, @ali_gharib, @mattzeitlin, @bigmeaninternet and @wakeup2politics
Matthew Keys / The Desk:
Sinclair is replacing local newscasts at Toledo's WNWO and Southern Oregon's KTVL with The National Desk, and laying off their entire newsrooms — Sinclair Broadcast Group is pulling local news from its Toledo NBC affiliate, a move that was described as a way to “ensure our long-term success.”
Discussion:
OPB, @ccolin, FTVLive, @thedeskdotnet and Cord Cutters News, Thanks:@matthewkeyslive
Raisa Patel / Toronto Star:
Canada's Online Streaming Act passes its final Senate vote; the law requires streaming services to support Canadian content and gives the CRTC regulatory power — Bill C-11 was introduced early last year in an attempt to subject streaming giants like Netflix, Disney Plus …
Todd Spangler / Variety:
Filing: Roku Media President Charlie Collier's 2022 compensation package was worth $53.3M, with $1.075M in base salary; CEO Anthony Wood's compensation was $21M — Charlie Collier, who joined Roku last fall as president of its newly created media division, had a compensation package worth $53.3 million …
Discussion:
Deadline, The Hollywood Reporter and The Wrap
Gavin J Blair / The Hollywood Reporter:
Sony Pictures reports FY 2021 operating income down 45% YoY to $894M, as revenue fell by $851M, and a Q4 profit of $119M on revenue of $2.71B — Sony's movie division was hurt by a lack of big hits and one-off gains, while music and sensors businesses continue to thrive.
Discussion:
Reuters, Billboard and Deadline, more at Techmeme »
Sarah Perez / TechCrunch:
Pinterest announces a multi-year strategic ad partnership with Amazon, its first ads partner, to bring more brands and relevant products to the social network — Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform.
Discussion:
Observer, MediaPost, MarketWatch, Search Engine Land, The Bookseller, The Information and The Information, more at Techmeme »
Blake Brittain / Reuters:
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a 2016 contract covering its use of musicians' songs on the platform — TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …
Discussion:
Variety, Complete Music Update, Music Ally, @reuterslegal, Digital Music News, @reuterslegal, Billboard and Music Business Worldwide
Alex Weprin / The Hollywood Reporter:
NBA's Phoenix Suns sign a deal with Gray Television for broadcast rights and Kiswe for streaming; games will be available to 2.8M households, triple the old RSN — All local Suns and Mercury games will air on broadcast TV, with a paid streaming option for cord-cutters.
Discussion:
The Desk, The Streamable, Next TV, Awful Announcing, CNBC, Sportico, Bloomberg, Sports Business Journal, Front Office Sports and The Athletic
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