Top News:
Ben Strauss / Washington Post:
The New York Times' newsroom union files a grievance over the company's plans to shutter its sports section and rely on The Athletic for sports news coverage — The union representing the New York Times newsroom filed a grievance Thursday challenging the company's announcement that it plans …
Discussion:
Awful Announcing
Abner Li / 9to5Google:
YouTube increases YouTube Premium's price in the US from $11.99 per month to $13.99 per month and YouTube Music from $9.99 per month to $10.99 per month — The price of an individual YouTube Premium subscription is increasing by $2 to $13.99 per month in the US for new and current customers.
Discussion:
The Verge, Billboard, The Hollywood Reporter, Deadline, The Streamable, The Wrap, @majorlinux@toot …, Tubefilter, Music Business Worldwide, Ars Technica, CNET, Digital Music News, @ernie@writing.exchange, @darthbluesky.bsky.social, @EshuMarneedi@mastodon.social, Gizmodo, XDA Developers, TechCrunch, Engadget, PCWorld, Tv Technology, Android Authority and Cord Cutters News, more at Techmeme »
Wall Street Journal:
Sources: a syndicate of investors led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6 is close to acquiring CoinDesk in a deal worth ~$125M — Syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6 — A syndicate of investors is in the final stages …
Discussion:
The Information, Bloomberg and Talking Biz News, more at Techmeme »
Thomas Buckley / Bloomberg:
Sources: AMC Entertainment drops its seat location pricing plan; a test didn't grow revenue as moviegoers didn't pay up for better seats or less for worse seats — The world's largest cinema chain, which said in February it would expand its tiered-pricing structure to theaters in the US and Canada …
Discussion:
CNET, Variety, Deadline, The Wrap, CBS News, Fox Business, Screen Rant, The Verge, Forbes, Los Angeles Times, Gizmodo, TMZ.com, New Jersey Online, New York Times, IndieWire, CNN, The A.V. Club, SlashFilm, The Hollywood Reporter and UPROXX
Wall Street Journal:
Artisan Gateway: box-office sales for US films in China hit $592M in H1 2023, down from $1.9B in H1 2019, as Chinese audiences gravitate toward local movies — Chinese audiences are gravitating toward movies made at home, rather than in Hollywood — Over the past decade, Fang Fang …
Discussion:
@jbflint, @lucas_shaw and @erichschwartzel
Byline Times:
Investigation: Dan Wootton was the subject of at least six bullying claims from Sun colleagues but was promoted while claims were silenced with payouts and NDAs — In the second part of its three-year investigation, Byline Times examines the professional conduct of the TV presenter …
Discussion:
@harriettmb@mastodon.ie, @themeredish, @themeredish, @jasonpedlow, @jacquihames, The Guardian, The Week and Hacked Off
Mathew Ingram / Columbia Journalism Review:
News organizations' deals with OpenAI and its rivals echo past Google and Meta “partnerships” and could ultimately help companies put journalists out of work — On Tuesday, the American Journalism Project, a nonprofit organization that aims to revitalize local media in the US …
Discussion:
@mathewi, @cjr, @jayrosen_nyu, Platformer, The Information, @sarahposner.bsky.social and MediaPost
Natalie Korach / The Wrap:
Hearst Magazines Media Union says 41 of its members were laid off over “company restructuring”; impacted publications include Elle, Seventeen, and Men's Health — Hearst Magazines Media Union, which announced the news Thursday, says, “We are losing talented people whose creativity …
Discussion:
WWD, @hearstunion, MediaPost, Insider, @tamara_fuentes, @bdwilliams910, @kath_krueger, @hannahorens, @katie_robertson, @eschumer, @emmaspecter, Business of Fashion and @stacey_grant91
Ellise Shafer / Variety:
Q&A with NME Networks COO Holly Bishop on relaunching the magazine as a global bimonthly using a “high-hype model” after shutting down print production in 2018 — Iconic music publication NME is relaunching its print magazine. — After shutting down production in 2018 …
Discussion:
Mumbrella, Press Gazette, Digital Music News and Music Business Worldwide
Max Goldbart / Deadline:
Vivendi's Canal+ acquires a 12% stake in Viaplay Group; in June 2023, Canal+ planned to acquire a 26.1% stake in Hong Kong-based streaming service Viu for $300M — Canal+ has taken a minority stake in embattled Nordic outfit Viaplay Group, which this morning announced it was making 25% of its workforce redundant.
Discussion:
Broadband TV News, Variety and The Desk
RELATED:
Katie Kilkenny / The Hollywood Reporter:
Production workers, 66 at Warner Bros. Animation and 22 at Cartoon Network, file an NLRB petition to form a union and ask WBD to voluntarily recognize the unit — The staffers, who work on projects including ‘Batman: Caped Crusader’ and 'Adventure Time: Fionna and Cake …
Makena Kelly / The Verge:
A look at Gigi Sohn's unsuccessful FCC confirmation: Joe Biden nominated her in October 2021 and she withdrew 497 days later after a fierce opposition campaign — ‘Dark money’ and the never-ending election cycle kept a qualified consumer advocate out of the Federal Communications Commission.
Ken Stone / Times of San Diego:
San Diego Union-Tribune Editor and Publisher Jeff Light is leaving after the outlet's sale to Alden; an unofficial list of staffers taking buyouts has ~30 names — The editor and publisher of The San Diego Union-Tribune is leaving the paper after 13 years, he announced Thursday.
Discussion:
KNSD-TV, The Intersect, @kenstonemedia, @kenstonemedia and The San Diego Union-Tribune
Manish Singh / TechCrunch:
Netflix expands its password-sharing crackdown to its remaining markets and doesn't plan to offer an “extra member” option due to low pricing and penetration — Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today …
Discussion:
EW.com, Netflix, Music Business Worldwide, Financial Times, Screen Rant, Associated Press, Forbes, Insider, Comic Book, Fox Business, Android Authority, Gadgets 360, Moneycontrol, Gadgets 360, Zee Business, DNA India, BBC, CNBC-TV18, The Verge, The Guardian, Variety, CNN, Tv Technology, Deadline, Yahoo Finance, Ad Age, Reuters, CNBC and Reuters, more at Techmeme »
RELATED:
Or Goren / Cord Busters:
Netflix removes its most affordable $10/month ad-free Basic tier in the US and UK, charging new and rejoining members £10.99/month or $15.49/month for no ads
Discussion:
Tubefilter, The Drum, The Streamable, Engadget, Quartz, @tallshmo@mas.to, The Verge, Android Authority, The Desk, @kylebarr5, Variety, @alexweprin, Axios, New York Post, Variety, ABC4 Utah, Ars Technica, New York Daily News, Tv Technology, UPI, Bloomberg, CNET, SlashFilm, The Hollywood Reporter, XDA Developers, Fortune, Forbes, CNBC, IndieWire, Insider, Deadline, Consequence, Screen Rant, The Wrap, TechCrunch, @dcseifert@mastodon.social, Gizmodo, 9to5Mac, IGN, UPROXX and Tech Advisor
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