Top News:
Jessica Toonkel / Wall Street Journal:
Sources: private equity firm Apollo Global Management has made an $11B offer to buy Paramount Global's film and TV studio — Offer comes as Paramount's directors are weighing merger with Skydance — Private-equity firm Apollo Global Management has made an $11 billion offer …
Samuel Stolton / Bloomberg:
France fines Google €250M for not keeping its 2022 pledge on fair deals with media outlets, including training Gemini on articles without notifying publishers — - Firm also accused of breaking other commitments in news case — Google says the fine is disproportionate despite it settling
Discussion:
Ars Technica, Reuters, The Verge, Fortune, Associated Press, @bcoeure, The Guardian, @samuelstolton, TechCrunch and @bcoeure, more at Techmeme »
Lauren Forristal / TechCrunch:
NBCUniversal unveils new features coming to Peacock ahead of the Paris Olympics in July, including the ability to view up to four simultaneous matches — Today, during NBCUniversal's annual technology conference, One24, the company revealed a slew of features coming to its streaming service Peacock ahead …
Discussion:
Ad Age, Variety, The Streamable, Awful Announcing, NBC Sports Pressbox, Engadget, The Hollywood Reporter, Sportico, The Verge and Cord Cutters News
New York Times:
Like Gannett, McClatchy plans to stop using The AP's news feed, publishing no AP content after March 31; McClatchy will continue to use AP election results data — The Associated Press said the decisions by the two major newspaper chains “would not have a material impact on our overall revenue.”
Discussion:
@farhip, @deggans, American Press Institute, Poynter, Media Nation, @farhip, @andrewbahl, @ldtestino, @ldtestino, @ldtestino, @emma_dumain, @matthewkeyslive, @johnrobinson, @benmullin, Nieman Lab, Associated Press, MediaPost, @jeffjarvis.bsky.social, The Desk, @jeffjarvis.bsky.social, @jeffjarvis.bsky.social, @jeffjarvis.bsky.social, @jeffjarvis@mastodon.social, @the.book.lush@threads.net, @writergal49@threads.net, @cscfisher@threads.net, @editordaveperry@threads.net, @markjacobnews@threads.net, r/Journalism, @dankennedy_nu@threads.net and The Wrap
Hanaa' Tameez / Nieman Lab:
Pew survey of 5,078 US Hispanic adults: 54% get their news in English and 21% get their news in Spanish, while just 23% consume news in both languages equally — A new Pew Research Center study published Tuesday shows that while Latinos in the United States are largely online news consumers …
Discussion:
Pew Research Center, @pewresearch, @pewresearch, @pewresearch, Fox News, Pew Research Center's …, The Hill and Axios
Andrew Marchand / The Athletic:
A look at ESPN's plans for its standalone streaming service, which sources say the company aims to launch in 2025, costing $25 to $30 per month — With ESPN's direct-to-consumer plan, the network is attempting to uphold its mission statement of, “Serving sports fans. Anytime. Anywhere."
Discussion:
The Streamable, The Streamable, Sports Media Watch, @benmillermke, @ronbohning, Front Office Sports and Rolling Stone
Mark Stenberg / Adweek:
Penske Media is exclusively selling Vox Media's ad inventory in Canada, making them the second-largest source of digital media inventory in Canada, per Comscore — The partnership comes 1 year after PMC invested $100 million in the company — Penske Media Corp., which owns a portfolio …
Discussion:
Dan Owen on LinkedIn
Sara Guaglione / Digiday:
LGBTQ+ publisher Q.Digital has acquired Outsports from Vox Media's SB Nation in an all-stock deal; all seven members of the Outsports team moved to Q.Digital — LGBTQ+ publisher Q.Digital has acquired Outsports from Vox Media. The deal was an all-stock equity transaction in which the co-founders …
Discussion:
Outsports, Dawn Ennis on LinkedIn, Digiday on LinkedIn, Q.Digital, Inc. and Awful Announcing
Richard Luscombe / The Guardian:
PEN America donates emergency funds for Palestinian writers and invites critics to meet with its leadership to discuss PEN's response to the Israel-Gaza war — The writers group is also making a ‘substantial financial contribution’ to fund for distribution to Palestinian writers
Discussion:
PEN America and Literary Hub
Reuters:
Prince Harry and others seek to amend their London lawsuit against News Group to include Rupert Murdoch personally in allegations of a cover up of wrongdoing — Lawyers for Britain's Prince Harry and other claimants sought on Wednesday to amend their London lawsuit against Rupert Murdoch's …
Discussion:
The Guardian, The Daily Beast, Press Gazette, @binvestigates and @davidfolkenflik
Kayleigh Barber / Digiday:
Fortune expands its UK and European footprint, planning to release unique print covers in London, Paris, Zurich, and Milan, and to add 35 staff by end of 2024 — As U.K.-based publishers look towards the U.S. advertising market, U.S.-based Fortune is turning its attention in the opposite direction.
Discussion:
Talking Biz News and PR Newswire
Chris Roush / Talking Biz News:
Gizmodo promotes Rose Pastore to executive editor; she joined Gizmodo in 2017 as science editor and formerly was news editor at Fast Company — Tech news site Gizmodo has promoted Rose Pastore to executive editor. — Pastore joined Gizmodo in 2017 as science editor and has led …
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