Top News:
Justin Baragona / The Daily Beast:
In a company-wide email, G/O Media CEO Jim Spanfeller announces the sale of Gizmodo to European digital media company Keleops — ANOTHER ONE — The sale will keep the tech website's entire staff intact, G/O Media CEO Jim Spanfeller wrote in a company-wide memo obtained by The Daily Beast.
Discussion:
Variety, MediaPost, New York Times, The Wrap, Adweek, Talking Biz News, @ernie@writing.exchange, @danackerman, @asilbwrites, @jaycodon, @justinbaragona, @tomgara and @pkafka
Lauren Forristal / TechCrunch:
TuneIn partners with Discord, bringing TuneIn's full free live radio and podcast library to Discord's Activity app directory — Audio streaming service TuneIn is teaming up with Discord to bring free live radio to the platform. This is TuneIn's first collaboration with a social platform …
Discussion:
Sherri Hendrickson on LinkedIn, @buckwilson, @discord, RadioInsight and Richard Stern on LinkedIn
Emily Baker-White / Forbes:
Sources: TikTok accounts, including brands and celebrities like CNN and Paris Hilton, are getting hacked via a zero-day exploit that only requires opening a DM — The compromised accounts include CNN and Paris Hilton — and all users have to do to be hacked is open a DM, according to company sources.
Discussion:
TechCrunch, Gizmodo, Wired, Engadget, New York Post, @ebakerwhite, BGR and Tubefilter, more at Techmeme »
Sara Fischer / Axios:
The WSJ introduced a multimillion-dollar brand advertising campaign on June 3, its first major brand campaign in years, focused on broadening subscriber appeal — - This is the Journal's first major brand campaign in years. … - The campaign tagline, “It's Your Business,” is meant to …
Jennifer Maas / Variety:
WBD increases the price for Max's ad-free version from $15.99 to $16.99 per month and the Ultimate ad-free tier from $19.99 to $20.99 per month — Warner Bros. Discovery has increased the price for its ad-free versions of streamer Max just ahead of HBO's “House of the Dragon” Season 2 premiere on June 16.
CNBC:
Paramount leadership presents a plan that includes job cuts, a potential streaming JV, and divesting non-core assets if a sale of the company doesn't happen — The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen.
Charlotte Tobitt / Press Gazette:
ITN signs a deal with OpenOrigins to protect its video archive from AI and license content; videos will be validated and secured using blockchain tech — Broadcast news production company ITN has become the first UK news organisation to announce a deal seeking to safeguard its archive from the threat of AI.
Julia Jacobs / New York Times:
Sean Combs has sold his majority stake in Revolt, the media company he founded; the largest shareholder group of the company is now made up of employees — After a wave of lawsuits accusing Mr. Combs of sexual assault, the two are “completely separated and dissociated from each other,” the company's chief executive said.
Wayne Ma / The Information:
Sources: Apple was in talks last year to debut Apple TV+ in China via a deal with China Mobile, which would make it the only US video streaming service in China — Apple was in talks last year to launch its Apple TV+ video streaming service in China via a deal with China Mobile …
Discussion:
@waynema, AppleInsider, @scotian.bsky.social, 9to5Mac and @niubi, more at Techmeme »
Paul Vieira / Dow Jones Newswires:
Canada's broadcast regulator orders foreign streaming services with C$25M+ in sales to contribute 5% of Canadian sales to help fund local content from Sept. 1 — OTTAWA—Canada's broadcast regulator on Tuesday said foreign streaming services like Netflix, Disney+, Spotify and Amazon Prime Video …
Discussion:
The Hollywood Reporter, CBC News, @jackshafer, Reuters and Media Play News
Max Tani / @maxwelltani:
Memo: Ben Sherwood says Daily Beast EIC Tracy Connor is leaving; Hugh Dougherty, most recently New York Post's deputy editor, will be the new executive editor — NEW: In a note to Daily Beast staff, Ben Sherwood announces that EIC Tracy Connor is leaving. Hugh Dougherty is the publication's new executive editor. [image]
Rob Rose / Financial Times:
South Africa's MultiChoice recommends that shareholders accept Canal+'s buyout offer that values the company at $2.9B and will remain open until April 2025 — Takeover of Africa's largest pay-TV operator must overcome regulatory hurdles — Africa's largest pay-TV operator, MultiChoice …
Discussion:
WORLD SCREEN, Reuters, Business Insider, Advanced Television and Bloomberg
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