Top News:
BuzzFeed News:
BuzzFeed News, launched in 2012, shuts down and archives its website; current and former staff share their memories in a recap as the outlet's final post — BuzzFeed News has been described as a chaos agent, a pirate ship, a reputable news organization, and, most notably, a “failing pile of garbage” by former president Donald Trump.
Discussion:
@alexlaughs, @juliareinstein, @ginarush, @aherman2006, @catesish, @melissadsegura, @tiagodf, @tab_delete, @dylanmatt, @floorcharts, @tomgara, @mimms, @gavonl, @jarettsays, @marynmck, @rmac18, @katienotopoulos, @markberman, @pranavdixit, @katherinemiller, @pocharaponn, @loopemma, @kalhanr, @alex, @katenocera, @migold, @annabroges, @nickriccardi, @claudiakoerner, @davidmackau, @nidhisubs, @janelytv, @film_girl, Nitter and New Yorker
Wall Street Journal:
Sources: Vice Media is nearing a deal to get acquired out of bankruptcy by lenders including Fortress Investment Group and Soros Fund Management for ~$400M — The media business is in talks to sell itself to top lenders Fortress Investment and Soros Fund Management through a reorganization that would wipe out other investors
Discussion:
The Wrap, @jbflint, @pressgazette, @tomlinsoncj, Variety, The Guardian, The Information, @aagave and Talking Biz News
Cristina Criddle / Financial Times:
A journalist recounts discovering that ByteDance surveilled her in 2022 after reporting on TikTok's staff troubles in London and wonders why she was targeted — The FT's Cristina Criddle on discovering she'd been surveilled by the controversial social media company
Discussion:
Gizmodo, @robertscammell, @henryjfoy, Insider, @jamesclayton5, @cristinacriddle, Breitbart, CNN, @_andyburrows, New York Post, BBC and Verdict
Alex Sujong Laughlin / Defector:
A look at the idea that the 2007 writers' strike caused the rise of reality TV and how workers on unscripted shows and cast members are chronically undervalued — As of Tuesday, the Writers Guild of America is on strike. Their proposals are aimed at making the work of writing TV …
Discussion:
TVLine, The Present Age, Vanity Fair and The Guardian
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Ross A. Lincoln / The Wrap:
In a show of solidarity, members of six guilds including the DGA, SAG-AFTRA, IATSE, and Teamsters joined the Writers Guild of America at a Los Angeles rally
Discussion:
SlashFilm, TIME, Variety, @teamsters_399, Variety, @johncusack, Deadline, @mattgoldich, @theferocity, @chasemit, @caityweaver, @mattbelloni, @mediumsizemeech, @wgangelinab, @wgangelinab, @samthielman, The Hollywood Reporter, The Hollywood Reporter, Breitbart, Variety and The Hollywood Reporter
Colby Hall / Mediaite:
Fox News sends Media Matters a cease-and-desist letter over a series of stories featuring leaked footage of Tucker Carlson, claiming the material is its IP — Fox News has sent a cease and desist letter to Media Matters and its president and CEO Angelo Carusone over a series of stories posted …
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@maxwelltani, The Hill, Yahoo News, CNN, Gizmodo, Vanity Fair, @farhip, @justinbaragona, @catturd2, @maxwelltani, The Wrap, @bgrueskin, Deadline, @megynkelly, @jeremymbarr, @farhip and Insider
Will Oremus / Washington Post:
AI text generators are quietly authoring more of the internet; more AI-generated books and personalized articles mean fewer clients buying human-written content — From recipes to product reviews to how-to books, artificial intelligence text generators are quietly authoring more and more of the internet.
Discussion:
@amyklobuchar, @willoremus, @ryanbarwick, @willoremus, @nitashatiku, @josephmenn, @chrisalbon, @kashhill, @chrismoranuk, @shoq, @jeffjarvis, @grantrants and @bdeskin@saturation.social
Ashley Carman / Bloomberg:
Despite big reach elsewhere, on YouTube, Slate podcasts averaged ~75 views/video last week while NPR averaged ~179/video; studio footage drives views higher — Hello and welcome back to Soundbite. Today we'll look at how podcast networks are faring on YouTube and have an update on Sony Music Entertainment's podcast efforts.
Discussion:
Josh Taylor, Garbage Day and Podnews
Sahil Patel / The Information:
Nielsen: YouTube makes up more TV viewing than any network or streamer; sources: nearly 45% of US YouTube viewing is on TV and upfront ad sales could hit $7B+ — For years, Google's YouTube couldn't get any respect from the TV industry. TV marketers wouldn't go near it out of fear …
Discussion:
@sub8u, @tarawlevy, @reidjjackson, @theinformation, @tvgrimreaper, FWIW and Fast Company
John Ourand / Sports Business Journal:
Scripps signs a multiyear deal to carry the games of the NHL's Vegas Golden Knights, another team bypassing RSNs, two weeks after signing to carry WNBA games — For the second time in a week, a local broadcast channel picked up the rights to a professional sports team.
Discussion:
The Streamable, Tv Technology, Next TV, @just1nbruce, @506sports, @ourand_sbj, Barrett Media, The Desk, NHL.com, Front Office Sports, Sportico and Awful Announcing
Matthew Keys / The Desk:
Fox launches Fox Local, a free streaming app featuring local news, weather, and programming in Atlanta, DC, and Detroit, with plans to roll out to 14 more later — The Fox Local app offers live access to news feeds from three Fox-owned stations; the other 14 will be added at a later date.
Discussion:
Next TV, Adweek, Cord Cutters News, TVNewsCheck and Tv Technology, Thanks:@thedeskdotnet
Georg Szalai / The Hollywood Reporter:
WBD Q1: revenue down 6% YoY to $10.7B, a $1.07B net loss, $2.46B streaming revenue and $50M profit, up from a $217M loss in Q4 2022, and 97.6M DTC subscribers — The company, led by CEO David Zaslav, reported negative free cash flow in the first quarter due to interest and sports rights payments …
Discussion:
Deadline, Fortune, MediaPost, IndieWire, The Wrap, @io9, @mannyhagopian, @jtoonkel, The Information, Wall Street Journal, @marinafang, Warner Bros. Discovery, @blackmajikman90, @robsforman, @labuzamovies, @thr, @sailorsctaustin, Adweek, Gizmodo, CNBC, Tv Technology, @carlos_cisco, WORLD SCREEN, @pateduncan, Ad Age and Variety
Janko Roettgers / Lowpass:
Sources: Pluto TV co-founder Ilya Pozin is working on Teevee, a startup building a free TV set, to be revealed in 2023, monetized via ads on a second screen — Free TVs, anyone? … Pluto TV co-founder Ilya Pozin is giving ad-supported TV viewing another stab: Pozin has been quietly working …
Discussion:
Gizmodo, @davezatz, @morganwick, IGN, @tvgrimreaper, The Verge, AdExchanger, Digital Trends and Cord Cutters News
The Guardian:
English Football League clubs vote to accept a £935M, five-year deal with Sky Sports, which raises the number of matches broadcast to 1,000+ per season — - Five-year agreement begins in 2024 - Deal keeps Saturday blackout in place — English Football League clubs have unanimously voted …
Discussion:
Reuters, Broadband TV News, @rugbyleagueontv, WORLD SCREEN and The Athletic
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