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3:12 PM ET, April 18, 2024


 Top News: 
Daniel Tencer / Music Business Worldwide:
Short-form video app Triller is merging with Hong Kong financial services company AGBA; Triller shareholders will own 80% of the combined company valued at $4B  —  Financially troubled social media app and TikTok competitor Triller is merging with a Hong Kong financial services company …
Discussion: Los Angeles Times and Billboard
Jonathan Barrett / The Guardian:
James Warburton, the CEO of Australia's Seven West Media since 2019, steps down; CFO Jeff Howard will take over as CEO starting on April 19  —  Media executive's exit comes as broadcaster faces a number of controversies  — Get our morning and afternoon news emails, free app or daily news podcast
Discussion: Mumbrella, Variety and Deadline
Gene Maddaus / Variety:
A Los Angeles ethics agency fines former CBS CEO Les Moonves $15K for misconduct in obtaining confidential police info about a sexual assault claim against him  —  Leslie Moonves, the former CEO of CBS, was fined $15,000 on Wednesday by the L.A. City Ethics Commission for obtaining secret information …
Amy Thomson / Bloomberg:
Music rights investor Concord agrees to buy Hipgnosis Songs Fund in a deal valuing the song catalog company at ~$1.4B, capping a period of turmoil for Hipgnosis  —  - Concord's long term backer Apollo will provide financing  — Hipgnosis struggled to recoup its investment on music rights
Emma Roth / The Verge:
Twitch plans to roll out its TikTok-style discovery feed later in April, letting users scroll clips and livestreams, after testing the feature for a year  —  After nearly a year of testing, Twitch's new TikTok-style discovery feed will finally roll out to all users later this month.
Souhail Karam / Bloomberg:
A Tunisian court sentences prominent government critic and journalist Mohamed Boughalleb to six months in prison for defamation, renewing press freedom concerns  —  A Tunisian court jailed for defamation a reporter who's one of President Kais Saied's most prominent critics …
Charlotte Tobitt / Press Gazette:
An analysis of the gender pay gap in UK media: 76% of the biggest media organizations increased the proportion of women in their top pay tier from 2022 to 2023  —  Average gender pay gap across major UK media organisations now stands at 11%.  —  Three-quarters of the UK's biggest media …
Discussion: @pressgazette
The Economic Times:
VerSe Innovation, the parent of Indian news aggregator Dailyhunt, acquires New York-based digital magazine store Magzter in an undisclosed cash and stock deal  —  Homegrown digital newsstand Magzter, founded in 2011 and offering a cross-platform, self-service experience, has been acquired by Dailyhunt.
Russell Brandom / Rest of World:
How Oscar winner RRR's success brought a wave of Telugu-language movies to Netflix's US catalog, about 50% of which is now made up of non-English content  —  Netflix's U.S. catalog has more content in Telugu than in German, Russian, or any dialect of Chinese.
Oliver Darcy / CNN:
Uri Berliner says he is resigning from NPR as he “cannot work in a newsroom where I am disparaged by a new CEO whose divisive views confirm” NPR's problems  —  Uri Berliner, a National Public Radio senior editor who wrote a scathing online essay accusing the public radio network …
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 More News: 
Kate Knibbs / Wired:
How one author gained a limited copyright for the “selection, coordination, and arrangement of text” from AI, as the US Copyright Office wrestles with AI law
James Careless / TV Tech:
Parks Associates: US households with internet now consume an average 43.5 hours of video per week across all viewing devices, up from 37.2 hours in 2020
Discussion: The Desk
 Earlier Picks: 
Foo Yun Chee / Reuters:
The European Data Protection Board says large online platforms like Meta should give users an option to use their services for free without behavioral ads
Sam Tobin / Reuters:
UK court documents: actor Hugh Grant settled a lawsuit against The Sun publisher News Group Newspapers over claims of using private investigators to phone tap