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Sources: Axel Springer sees the WSJ as a “top acquisition target”; CEO Mathias Döpfner pushed to fire BI's Nic Carlson after Bill Ackman's pushback on coverage — The WELT-Wirtschaftsgipfel is a major moment in the German business calendar — and in particular for its host, the media giant Axel Springer.
Discussion:
@maxwelltani, @froomkin, @nkulw, @semaforben, @parismartineau, @froomkin, @jonathan_miller, @tomaxwell, @pauldemko, @shakeelhashim and @corbinhiar


Huw Edwards, the BBC news anchor who has been off air since July 2023 after reports that he paid a young person for explicit images, resigns on “medical advice” — Huw Edwards has presented major national events for the BBC including general elections and the funeral of Queen Elizabeth II
Discussion:
The Guardian, Mediaite, @scottygb, Press Gazette, Variety, The Guardian, The Daily Beast, @kevin_maguire, Telegraph, Sky News, GB News, @vicderbyshire, @ianlloydroyal, @andrewiconnell, @kelvmackenzie, @johnrivers, @jake_kanter, @vicderbyshire, @leahboleto, HuffPost, @nickszczepanik, @katierazz and Deadline


Analysis: the 25 most-cited US news organizations lost 75% of their Facebook user engagement and 58% of their Instagram interactions between Q1 2022 and Q1 2024 — Waves of layoffs and policy shifts are forcing campaigns to change tactics, potentially transforming the 2024 election
Discussion:
@blackamazon and @beneltham, more at Techmeme »


How high school student journalists convinced a district in Kansas to remove their files from an AI surveillance system, saying it violated their press rights — Journalism students at Lawrence High School have convinced the school district to remove their files from the purview …
Discussion:
Kansas Reflector, @daveleebbg@threads.net and @ctdunn7


Sources: NBA is seeking new contracts that are at least a decade long with streaming as the main distribution method; Amazon Prime Video, Peacock are contenders — In TV rights negotiations, the NBA is seeking new decade-long — or longer — contracts that will alter how it traditionally delivers games …
Discussion:
The Hill, Awful Announcing, USA Today, @andrewmarchand, Sports Media Watch, SportsPro, Sportico and The Streamable


The hangover from the Hollywood strikes has lasted longer than anyone anticipated, as studios, networks, and streaming services simply aren't buying as much — Everyone was supposed to get back to work once two strikes concluded last year, but the hangover has been longer than anyone anticipated.
Discussion:
@empirecitybo, @back_the_bbc, @ashkan and @lucas_shaw


EU opens another TikTok probe and will now formally assess whether TikTok Lite's design, which financially rewards users for watching videos, is “addictive” — The European Union has opened a second formal investigation into TikTok, announcing Monday that it suspects …
Discussion:
European Commission and Bloomberg, more at Techmeme »


The BBC plans to invest £6M in AI to make its educational offering BBC Bitesize more personalized and interactive, hoping to attract future licence fee payers — Hopes investment to make Bitesize more personalised and interactive will attract future licence-fee payers
Discussion:
@sauthoff.bsky.social


Antenna: ~25% of US paying streaming video subscribers, or 29M+ users, have canceled three or more services over the past two years — Many more people are jumping from one streaming subscription to another, a behavior that could have big implications for the entertainment industry.


PE firm Blackstone offers ~$1.5B to purchase Hipgnosis, about 7% higher than the bid made earlier this week by Concord to which Hipgnosis' board had agreed — - Competition heats up for Blondie, Kaiser Chiefs catalog owner — Hipgnosis already recommended Apollo-backed Concord's offer
Discussion:
Billboard, Music Ally, City A.M., The Guardian, Reuters, Sky News, Music Business Worldwide, Digital Music News, Financial Times, Variety and CMU


A look at the use of satellite imagery for investigative journalism by outlets including Reveal, Bellingcat, The New York Times, and ProPublica — Almost 25 years ago, The Washington Post reported on the first picture delivered by the brand-new Ikonos satellite.


Researchers: files on a misconfigured North Korean server hint local animators worked on upcoming Prime Video and HBO Max TV shows, possibly via a Chinese front — Thousands of exposed files on a misconfigured North Korean server hint at one way the reclusive country may evade international sanctions.