Top News:
Reuters:
Prince Harry settles the remainder of his phone-hacking lawsuit against Mirror Group Newspapers after it agreed to pay “substantial” damages and his legal costs — Prince Harry has settled the remainder of his lawsuit against Mirror Group Newspapers over phone-hacking …
Discussion:
BBC, Press Gazette, The Guardian, Associated Press, TMZ.com, @archlilihazmeg, Sky News on YouTube, The Guardian, @archewellbaby, ITVX, Devdiscourse News Desk, Byline Times, CNN, The Independent, The Hollywood Reporter, Deadline, @archewellbaby, The Times, The Daily Beast, Telegraph, @skynews, News18, London Evening Standard, Agence France-Presse, The i Paper, @emmetlyonscbs, Rolling Stone, Variety, SheKnows and Hacked Off
Drew Taylor / The Wrap:
Sources: WBD seems unlikely to sell or release Coyote vs. Acme, despite backlash; Netflix, Amazon, and Paramount made generous offers, but WBD wanted $70M-$80M — Warner was seeking $75 - $80 million but rejected offers from Netflix, Amazon and Paramount, insiders tell TheWrap
Benjamin Mullin / New York Times:
Rolling Stone EIC Noah Shachtman is stepping down on March 1 after over two years due to, a source says, editorial differences with CEO Gus Wenner — Noah Shachtman, the magazine's editor in chief since 2021, is resigning because of editorial differences with the chief executive Gus Wenner.
Discussion:
CNN, The Wrap, @jason_koebler, @nichcarlson@threads.net, @oneunderscore__@threads.net, @goldengateblond@threads.net, @knguyen@threads.net, @kenli729, @zammer.bsky.social, @marlownyc, @noahshachtman@threads.net, @drewharwell@threads.net, @noahshachtman@threads.net, @djrothkopf, @ejdickson, @defensebaron, The Daily Caller, @chuckrossdc, @unclegrambo and @taylorlorenz@threads.net
Megan Lebowitz / NBC News:
The White House Correspondents' Association announces that Saturday Night Live's Colin Jost will be the featured entertainer at its annual dinner on April 27 — The “Saturday Night Live” comedian has co-anchored “Weekend Update” since 2014. — WASHINGTON — “Saturday Night Live” …
Dawn Chmielewski / Reuters:
Disney is testing a contextual ad tool dubbed “magic words” for Disney+ and Hulu that uses AI to analyze scenes and identify contents, brands, images, and mood — Walt Disney (DIS.N) is harnessing artificial intelligence to power a new advertising tool that will help brands tailor …
Discussion:
The Wrap, Neowin, Dana McGraw on LinkedIn and MediaPost, more at Techmeme »
CoinDesk:
CoinDesk CEO Kevin Worth leaves in a major restructuring by new owner Bullish; Sara Stratoberdha, who ran business development for Bullish, will be the new CEO — Sara Stratoberdha replaces Kevin Worth, who has led CoinDesk since 2017. — Register Now — CoinDesk's longtime CEO Kevin Worth …
Sara Fischer / Axios:
Outlets are abandoning hard subscriptions, as many of them don't have the cushion for upfront spending on premium content and see paywalls throttling ad revenue — News companies are reversing course on hard subscriptions — once seen as a safer alternative to the volatile ad market …
Ed Christman / Billboard:
Sources: Sony Music Group has acquired half of Michael Jackson's publishing and recorded masters catalog for at least $600M — The deal, which is likely worth at least $600 million, includes half of the late star's publishing and recorded masters catalog. — In what could be the largest …
Discussion:
Variety, Bloomberg and Consequence
Josh Dickey / The Wrap:
Tucker Carlson releases his two-hour interview with the Russian president Vladimir Putin for free on his website and on X — The former Fox News host sat with the Russian president in Moscow — Tucker Carlson released his two-hour interview with Vladimir Putin, the Russian president whose military …
Discussion:
@tuckercarlson, National Review, Know Your Meme, Mediaite, Metro.co.uk, Wired, Next TV, The Guardian, The Daily Cartoonist, Byline Times, @sarafischer, Barrett News Media, THE DC PATRIOT, Politico, @corbinbolies, Daily Kos, @robertkennedyjr, HuffPost, @hitsdiffcap, @elonmusk, Washington Post, NPR, Variety, CBS News, New York Times, The Kyiv Independent, Forbes, The Hill, The Daily Caller, The Guardian, The Daily Beast and Semafor
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Corbin Bolies / The Daily Beast:
In an interview with Tucker Carlson, Putin says he would “not rule out” releasing Evan Gershkovich, but maintains claims the WSJ reporter committed espionage
Discussion:
Financial Times, Wall Street Journal, Vanity Fair, Barrett News Media, Washington Post, Politico, Voice of America, The Guardian, @brianstelter, @yashar, CNN, Associated Press, KEYT-TV, CBS News, Talking Biz News, Politico, Deadline, New York Times, Reuters, BBC, Mediaite, New York Post, The Wrap and Radio Free Europe/Radio …
Mike Tanier / Defector:
A journalist who covered the NFL for Football Outsiders, The Messenger, and The NYT talks about his experience working for them and the state of sports media — I covered the NFL for three media outlets in the last calendar year: Football Outsiders, The Messenger, and The New York Times.
Discussion:
Poynter, @lemieuxlgm, @nfl_dougfarrar, @miketanier, @seamoosi and Awful Announcing
Shirin Ghaffary / Bloomberg:
A profile of OpenAI COO Brad Lightcap, tasked by Sam Altman with striking a deal with Axel Springer, which may offer a road map for additional media deals — Brad Lightcap helped seal the startup's deal with publisher Axel Springer. Now he's experimenting with the company's business model.
Discussion:
MIT Technology Review and @shiringhaffary
RELATED:
Thomas Barrabi / New York Post:
News Corp CEO says it is in advanced talks with major AI companies to license its content and that Sam Altman understands “the social importance of journalism”
Discussion:
WNYC Studios, @johnbuckley_, @katie_robertson, @edmundlee@threads.net, @edmundlee@threads.net and The Guardian
Jennifer Maas / Variety:
AMC Networks reports Q4 revenue down 30% YoY to $679M, vs. $676M est., streaming subscribers up 1% to 11.4M, and US ad sales down 23% YoY to $158M — AMC Networks saw its streaming subscribers increase by 1% and its U.S. ad sales drop by 23% in the fourth quarter of 2023.
Discussion:
AMC Networks Inc., MediaPost, The Wrap, Deadline, MarketWatch, Media Play News, Next TV and The Hollywood Reporter
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