Top News:
Brian Steinberg / Variety:
Internal memo: Norah O'Donnell plans to step down as CBS Evening News' anchor after the 2024 US presidential election and become a senior correspondent — Norah O'Donnell will cede the reins of the venerable “CBS Evening News” after the 2024 presidential election in favor of a new role …
Discussion:
Puck, Mediaite, The Wrap, TVLine, CNN, CBS News, New York Times, The Hollywood Reporter, TV Insider, @costareports, @brianstelter, @dylanbyers and Deadline
Axios:
NABJ faces backlash after announcing Trump will be interviewed at its convention by ABC News' Rachel Scott, Fox News' Harris Faulkner, and Semafor's Kadia Goba — - President Biden addressed a joint NABJ and NAHJ conference virtually in 2020. — Hillary Clinton spoke at a joint conference between …
Discussion:
NABJ, The Wrap, Mediaite, @karenattiah, @bgrueskin, @hangleyjr, Donald J. Trump …, @jimtrotter_nfl, @onpointpress_, The Daily Beast, @jalexander1079, @reichellaw, @rolandsmartin, @rolandsmartin, @naima, @naima, @adr1600@threads.net, @keithboykin@threads.net, @heatherrosemarie_92 …, @karenattiah, @sarafischer, The Hill, Deadline and The Hollywood Reporter
Kylie Robison / The Verge:
Perplexity is launching a program to share ad revenue with partners such as Time, Der Spiegel, Fortune, and WordPress.com, after weeks of plagiarism accusations — Perplexity is launching a program to share ad revenue with publishing partners following weeks of plagiarism accusations.
Discussion:
The Media Leader, TechCrunch, The Atlantic, Ars Technica, Perplexity AI, MediaPost, Search Engine Land, CNBC, The Information, @pranavdixit, VentureBeat, @perplexity_ai, Fast Company, @kyliebytes, WordPress.com News, Press Gazette, Semafor, Digiday, Engadget, @kyliebytes, Bloomberg, @aravsrinivas, @mattrosoff, CNBC Television on YouTube, The Drum and San Francisco Chronicle, more at Techmeme »
Financial Times:
A look at Amazon Prime Video's appeal for advertisers, who say its ads are cheaper than Netflix's; Antenna: <10% of Prime subscribers paid for no ads, as of May — Ecommerce group's ad-supported streaming service possesses the retail clout in an increasingly competitive market
Benoit Berthelot / Bloomberg:
WPP says Philip Jansen, former BT Group CEO, will become its chairman in January 2025, replacing Roberto Quarta who's been with the company for almost a decade — WPP Plc said that Philip Jansen, former chief executive officer of UK telecommunications company BT Group Plc, will become chairman in January.
Discussion:
PRWeek, MediaPost, City A.M., Reuters and Financial Times
Bloomberg:
The K-pop industry is betting on an internationalized business model to expand its appeal; ~50% of the K-pop songs released in 2024 had majority English lyrics — The industry is betting on a new internationalized business model that could be a make or break moment for the idol music genre.
Discussion:
@cecianasta, Sohee Kim on LinkedIn, @soheefication, @lucas_shaw and @nicola_news
Rachel Cooke / The Guardian:
A profile of Joshi Herrmann and his outlet Mill Media, which publishes local longform journalism in four UK cities via newsletters with 100K subscribers overall — Local newspapers in the UK are disappearing fast, creating news deserts and leaving councils unscrutinised.
Discussion:
The Mill, @magstaylorish, @charliemoloney and @dhayes_news
Daniel Thomas / Financial Times:
Sources: WBD is in talks with rivals, including Virgin Media, to carry Max content as part of their bundles in the UK after WBD's deal with Sky runs out in 2025 — US group's discussions raise questions over its exclusive agreement with Sky to show programmes such as ‘Game of Thrones’
Discussion:
Advanced Television, The Desk and Broadband TV News
Ashley Hiruko / KUOW News & Information:
Brady Walkinshaw, a former state lawmaker, bought several Index Media publications, including Seattle's longtime alternative media outlet The Stranger — The Stranger, Seattle's longtime alternative media outlet and self-proclaimed “only newspaper” has new ownership.
Discussion:
New York Times, @sydbrownstone and @cruickshank
Derek Futterman / Barrett Media:
An interview with and profile of CNBC media and entertainment reporter Alex Sherman, who is helping build the new CNBC Sport vertical to reach younger audiences — “This package of material that is not bound by the cable bundle is essential for CNBC to survive and flourish with a younger audience that is not tied to the cable bundle."
Discussion:
@sherman4949 and Adweek
Wall Street Journal:
Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 — The live-video service has slowing user growth, and workers are expecting more layoffs, changes ahead
Dade Hayes / Deadline:
Diamond Sports Group and Comcast reach a carriage deal to restore 15 RSNs to Xfinity Ultimate TV subscribers on August 1, ending a three-month blackout — Bankrupt regional sports network operator Diamond Sports Group has reached terms with Comcast on a carriage deal restoring 15 RSNs to Xfinity pay-TV systems.
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