Mediagazer: A House committee report claims the Global Alliance for Responsible Media colluded to cut Twitter revenue after Musk's acquisition; GARM guidance is non-binding (Ashley Belanger/Ars Technica)

1:30 PM ET, July 12, 2024

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Ashley Belanger / Ars Technica:

A House committee report claims the Global Alliance for Responsible Media colluded to cut Twitter revenue after Musk's acquisition; GARM guidance is non-binding — Congress accused advertisers group of colluding to tank X's revenue. — After the House of Representatives Committee …

Discussion: Financial Times, @ericowensdc, @kate_rouch, Techdirt, @kampeas, @thequartering, @BruceMirken@mas.to, @dangillmor@mastodon.social, @bretcarmichael@mastodon …, @juergen_hubert …, New York Post, MediaPost and Inside Radio, more at Techmeme »

Kurt Wagner / Bloomberg:

After X hyped shows with Paris Hilton, Tucker Carlson, and others in January 2024, the deals have fizzled, a source says due to a lack of advertiser interest — X is having a tough time cracking into the TV business, but first... Promises, promises — Six months ago, executives …

Discussion: @jjstoller.bsky.social, @lazear.bsky.social, @chadstanton.bsky.social, @ilovepets420.bsky.social, @braak.bsky.social, @aceanbender.com and @chrisdobbertean.net, more at Techmeme »

Financial Times:

Sources: Axel Springer CEO Mathias Döpfner and KKR are in talks to break Axel Springer in two, separating media assets from its digital classifieds business — Deal would separate group's media assets from its digital classifieds operation — German billionaire Mathias Döpfner …

Discussion: Axios, Reuters, Bloomberg, Reuters, @froomkin, @semaforben and The Information

Journal Sentinel:

Civic Media says its decision to make two pre-broadcast edits to a Biden interview on Earl Ingram's WAUK show fell short of “journalistic interview standards” — Jessie Opoien Molly BeckMilwaukee Journal Sentinel — MADISON — Civic Media, a Wisconsin-based progressive talk-radio network …

Discussion: Civic Media, Fox News, Mediaite, Poynter, Newser, @corbinbolies, @grynbaum, @peterbakernyt, KNSD-TV, Inside Radio, Breitbart, New York Times, The Wrap, New York Post, CNN, The Daily Beast, Deadline and @toussaint@newsie.social

Phil Lewis / What I'm Reading:

CNN says it has integrated its Race and Equality team of reporters in other areas across its platforms, instead of the team existing in an “organizational silo” — The news comes as CNN leader Mark Thompson announced that the cable news channel will lay off 100 employees as it restructures its newsgathering operations.

Discussion: New York Post, @tasullivan, @tiergawd, @tap3000, @traprecruiter, @ladidaix, @hithisistess, @historianspeaks, @cjgproduxions, @phil_lewis_, @juwanthecurator.bsky.social, Adweek, Media Nation, Axios, Deadline, New York Times and The Information

Cecilia D'Anastasio / Bloomberg:

Saudi Arabia will host the inaugural Olympic Esports Games in 2025, as part of a newly announced 12-year partnership with the Olympic Committee — Saudi Arabia will host the inaugural Olympic Esports Games in 2025 under an agreement announced Friday by the International Olympic Committee and the kingdom.

Discussion: Engadget, Olympics.com and Deadline, more at Techmeme »

Mia Sato / The Verge:

How Ben Faw, co-founder of BestReviews and Advon, allegedly led a scheme to add affiliate links to product reviews that benefited companies Faw had a role in — The man behind the AI gaffes at Sports Illustrated and USA Today has a yearslong history of filling the internet with garbage.

Discussion: @miarsato, @dannygroner, @daisandconfused and @miarsato

Nilay Patel / The Verge:

Q&A with Nick Thompson, CEO of The Atlantic and former EIC of Wired, on the magazine's two-year OpenAI deal, AI lawsuits, the future of search, and more — CEO Nicholas Thompson discusses the deal: 'AI is coming. It is coming quickly. We want to be part of whatever transition happens.'

Discussion: MediaPost and @fionabradley@fediscience.org

The Wrap:

The LAist Union says the nonprofit newsroom lost at least 21 staffers to layoffs and buyouts this week; LAist announced a voluntary buyout program in May — The nonprofit newsroom announced its intended buyouts in May, citing mounting expenses and declining revenue

Discussion: @hexpositive, @caitlinherdez, @mybackyardpara1, @laistunion, @rainey_l, @hearinladotcom, @busblog and @hearinladotcom

Ashley Carman / Bloomberg:

Audible proposes a new royalties model where Audible pays publishers and authors from a pool of revenue to be divided up among titles users listen to each month — The Amazon subsidiary wants the industry to make more audiobooks available for bottomless consumption — Hello, and welcome back to Soundbite.

Discussion: The Wrap and Audible.com

Anne Steele / Wall Street Journal:

Sources: comedian Dax Shepard signs an $80M podcasting deal with Amazon, shifting his Armchair Expert show to Amazon's Wondery service from Spotify — New deal includes video episodes, gives Amazon's Wondery exclusive distribution and ad-sales rights — Comedian Dax Shepard has signed …

Discussion: The Hollywood Reporter, @kerrymflynn, Inside Radio, The Wrap, Deadline, Chris Peterson on LinkedIn, Variety and RAIN News

Wes Davis / The Verge:

YouTube announces new Shorts features, including TikTok-like text-to-speech video narration, in-app auto-generated captions, and a set of Minecraft effects — YouTube has announced a set of new features for YouTube Shorts, some of which are available now, like a new text-to-speech video narration …

Discussion: Music Ally, WinBuzzer, @sarahpereztc, @edwardchampion@mastodon …, TechCrunch and Engadget

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