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12:05 AM ET, March 6, 2024

Mediagazer

 Top News: 
Emma Roth / The Verge:
In response to the EU's ruling, Spotify submits an app update for the EU to provide pricing info within its iOS app and link users to its subscription options  —  Spotify isn't going to launch the in-app purchases it previously planned for the European Union, at least right now.
Emma Roth / The Verge:
A US judge upheld parts of a National Music Publishers' Association's copyright lawsuit against X and dismissed the claim that X engaged in direct infringement  —  The music labels suing Twitter — now X — for copyright infringement can move forward with parts of their lawsuit.
Peter Kafka / Business Insider:
Elon Musk's Tesla, which had been famous for shunning advertising, is now running ads on YouTube, TikTok, and Elon Musk's X; the ads started in early 2024  —  - Elon Musk owns X, formerly Twitter, which has an advertising problem.  — Musk controls Tesla, which famously didn't buy advertising until very recently.
Apple:
Apple adds transcripts to Apple Podcasts, which let listeners read and search the text of the episode, available in English, French, Spanish, and German  —  Transcripts offer full-text display for each episode, making podcasts more accessible and immersive than ever before
Naman Ramachandran / Variety:
EY report: the Indian media and entertainment industry grew 8% YoY to $27.9B in 2023; TV shrank 2% YoY to $8.3B due to advertising declining by 6.5% YoY  —  The Indian media and entertainment industry grew 8% in 2023 to reach a value of $27.9 billion, according to the annual EY report released during …
The Verge:
YouTube star Hank Green interviews The Verge EIC Nilay Patel about the pressure from algorithms, giving work away for free, AI, the fediverse, and more  —  On this special episode of Decoder, Complexly co-founder and YouTuber Hank Green turns the tables on Nilay Patel.
Discussion: @waxy@xoxo.zone
Sara Fischer / Axios:
NTWRK CEO says the company plans to fold its brand and business into Complex and form Complex NTWRK, less than two weeks after acquiring Complex for $108.6M  —  - The parent company that owns Complex will be called Complex NTWRK, but that will be the only place the NTWRK brand exists.
Ben Glickman / Wall Street Journal:
Ad company Entravision says Meta plans to wind down its authorized sales partner program and end its relationships with all ASPs, including Entravision, by July  —  ASPs are extensions of Meta's sales teams that have local presences in various countries  —  Meta Platforms plans to wind …
David Pierce / The Verge:
Google rolls out new changes to its Search ranking to help surface good content, downrank content that summarizes others' work, and more, as AI content spreads  —  Google is rolling out a few new changes to its ranking systems in search, which are designed to help surface good content …
Daniel Thomas / Financial Times:
Filing: GB News owner All Perspectives has been forced to provide a further £41M in funding to cover operating costs, and is now owed £83.8M by GB News  —  Vehicle backed by hedge fund tycoon Paul Marshall steps in as right-leaning broadcaster increases number of staff
RELATED:
Bron Maher / Press Gazette:
GB News reports year to May 2023 revenue up 80% YoY to £6.7M, losses up 38% YoY to £42.4M, for £76M in losses since 2021, and 295 staff, up from 175 in May 2022
 
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 More News: 
Tara Cobham / The Independent:
Presenter Dan Wootton says he's left GB News to launch an independent platform after Ofcom ruled misogynistic comments made on his show broke broadcasting rules
A. G. Sulzberger / Reuters Institute:
The NYT publisher's 2024 Reuters Memorial Lecture: journalistic independence, the Ukraine and Israel-Hamas wars, trans issues, being open to criticism, and more
Matthew Weaver / The Guardian:
TalkTV plans to close down its linear TV channel in early summer 2024 and go online only, weeks after Piers Morgan left his daily show on the channel
 Earlier Picks: 
Jesse Whittock / Deadline:
Source: Amazon Prime Video plans to lay off less than 5% of its staff across its European offices, as part of a restructure impacting Europe, MENA, and Africa
Discussion: The Desk
Clara Aberneithie / Press Gazette:
An interview with ITN CEO Rachel Corp, who says the news cycle has become “absolutely relentless”, taking a toll on the mental health of journalists
 

 
From Techmeme:

Jason Schreier / Bloomberg:
Sources: Microsoft plans more cuts after closing several game studios, as the massive Activision acquisition has ramped up scrutiny on the Xbox division

Wall Street Journal:
Binance sources and documents: internal investigators, dismissed in late 2023, found evidence of market manipulation by DWF Labs and secret trading accounts

Dallin Grimm / Tom's Hardware:
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI

 
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