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8:20 PM ET, February 7, 2024

Mediagazer

 Top News: 
Alex Sherman / CNBC:
Disney says it plans to launch ESPN's D2C service in August or the fall of 2025, and include integration with ESPN's fantasy platforms and ESPN Bet  —  - ESPN will launch its flagship direct-to-consumer streaming service in the fall of 2025, Disney CEO Bob Iger said Wednesday.
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Jennifer Maas / Variety:
Disney Q4: 111.3M Disney+ subscribers, down from 112.6M in Q3, Disney+ Hotstar adds 700K subscribers to 38.3M, and expects streaming profitability by Q4 2024  —  In its financials, which cover the Mouse House's first quarter for its fiscal year 2024, Disney projects adding between 5.5 million …
Sarah Whitten / CNBC:
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more
Sarah Whitten / CNBC:
Disney reports Q1 revenue of $23.55B, about the same from a year ago, operating income up 27% YoY to $3.9B, and raises its guidance; $DIS up 5%+
Peter Kafka / Business Insider:
A sports streaming platform jointly owned by Disney, WBD, and Fox could reshape the TV industry but could also anger pay TV distributors and sports leagues  —  - A new sports-focused streaming platform could anger pay TV distributors and sports leagues.  — Disney, Warner Bros. Discovery …
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Wall Street Journal:
Sources: NFL, NBA, and other sports leagues were kept in the dark about the sports streaming platform being launched by Disney, Warner Bros. Discovery, and Fox  —  NFL, NBA digest details of new platform looming over their businesses  —  Sports leagues including the National Football League …
Dade Hayes / Deadline:
Fubo says it is concerned about the “impact on fair market competition” after Disney, Fox, and WBD announced a sports streaming platform; FUBO closed down 20%+  —  Streaming pay-TV operator Fubo, after its stock plunged 23%, issued a statement blasting the new sports streaming …
Claudia Chiappa / Politico:
Tucker Carlson faces backlash from American and Russian journalists after claiming that Western media is not making an effort to hear Putin's side of the story  —  The controversial pundit is interviewing the Russian leader.  Now other journalists are raging at “this SoB.”
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Meduza.io:
Russia says Tucker Carlson is “not correct” to say no Western reporter tried to interview Putin, and Carlson is different from “traditional Anglo-Saxon media”
Dave Lawler / Axios:
Former Fox host Tucker Carlson says he has traveled to Moscow to interview Vladimir Putin and will air the interview “unedited” on his website and on X
Jem Aswad / Variety:
Memo: Warner Music plans to lay off 10% of its staff, or 600 people, wind down its podcast network Interval Presents, and sell the websites Uproxx and HipHopDX  —  The tough news continues for the music industry as Warner Music announced that it will lay off 10% of its staff, or 600 people, in the coming weeks.
The New York Times Company:
The NYT reports Q4 revenue up 1.3% YoY to $676M, subscription revenue up 3.3% YoY to $404M, and a $129M operating profit; Athletic revenue grew 31.3% to $38.5M  —  NEW YORK, February 7, 2024 - The New York Times Company (NYSE: NYT) announced today fourth- quarter and full-year 2023 results.
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Kate Knibbs / Wired:
An interview with Nebojša Vujinović Vujo, who runs 2,000+ AI-generated news sites, often hosted on once-popular domains, and claims to have ~12 human editors  —  Serbian DJ turned internet entrepreneur Nebojša Vujinović Vujo floods abandoned news sites with AI-generated articles.
Alberto Fittarelli / The Citizen Lab:
How a network of 123+ China-based websites posing as local news outlets in 30 countries in Europe, Asia, and Latin America spreads pro-Beijing disinformation  —  Key Findings  — A network of at least 123 websites operated from within the People's Republic of China while posing …
Kara Swisher / New York Magazine:
An excerpt from Kara Swisher's upcoming book, Burn Book: covering digital media in the '90s, Facebook and Google becoming information gatekeepers, and more  —  My front-row seat to a slow-moving catastrophe.  —  In the early 1990s, I was a reporter at the Washington Post.
Ted Lipien / The Hill:
Current and ex-VOA journalists criticize the US agency for uploading propaganda messages from Putin and Alexander Lukashenko on its YouTube without any context  —  Voice of America (VOA), the U.S. government-funded media agency, created and uploaded to its YouTube channel a video …
 
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 More News: 
Natalie Korach / The Wrap:
News Corp Q2: revenue up 3% YoY to $2.59B, vs. $2.58B est., net income up 95% to $183M, Dow Jones with its highest quarterly revenue since its 2007 acquisition
Jared Holt / The Daily Beast:
How the author of notorious Hollywood gossip blog Crazy Days and Nights inadvertently revealed his identity to a Florida court following an extramarital affair
Discussion: @katienotopoulos and @eriqgardner
Alex Weprin / The Hollywood Reporter:
Fox Corp reports Q2 revenue down 8.7% YoY to $4.2B, net income down 64% YoY to $115M, affiliate fee revenue up 4% YoY to $1.8B, and ad revenue down 20% to $2B
 Earlier Picks: 
HEATED:
The New York Times' The Daily ran a greenwashing BP ad on its January 31 podcast, despite a 2021 pledge by the NYT to ban sponsorships by oil and gas companies