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Meta Investor Relations:
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024.
Alex Weprin / The Hollywood Reporter:
Fox EVP of Ad Sales Mark Evans says there is an increase in Super Bowl ad buys from AI companies, while ad buys from movie studios and streamers are down — AI-focused ads are up, and movie spots are down, Fox says, as 30-second ads hit an eye-watering $8 million.
Discussion:
Gizmodo, The US Sun, Awful Announcing, @mousterpiece.bsky.social, Ad Age, The Verge and Adweek
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Brian Steinberg / Variety:
Sources: Fox has sold at least ten 30-second Super Bowl ad spots for $8M+, a record; pre and post-game ad prices have also increased, reaching $4.5M and ~$4M — Super Bowl LIX is still days away, but someone has already scored a key Big Game touchdown.
Discussion:
CNBC, CNN, Sports Business Journal, Awful Announcing, Associated Press, The Mirror US, Bloomberg, Forbes, The Wrap, Us Weekly, @alexweprin, Deadline, TVNewsCheck, @jason_kint, Adweek and Just Jared
Gene Maddaus / Variety:
The US Copyright Office says using AI tools to assist in creative processes doesn't compromise copyright protections as long as the content has human authorship — The U.S. Copyright Office declared Wednesday that the use of artificial intelligence tools to assist in the creative process does not undermine the copyright of a work.
Alexandra S. Levine / Bloomberg:
Employer.com founder Jesse Tinsley says his US investor group vying to buy TikTok has secured $20B+ and recruited the CEOs of Roblox and Anchorage as investors — - Tinsley's group has recruited Roblox CEO among investors — Unclear if TikTok parent ByteDance will consider Tinsley bid
Dan Kennedy / Media Nation:
The co-founder of the nonprofit National Trust for Local News, Elizabeth Hansen Shapiro, is stepping down as the organization's CEO after four years — Elizabeth Hansen Shapiro, who co-founded the National Trust for Local News four years ago, is stepping down as the organization's CEO.
Discussion:
Press Herald, The Maine Wire and NTLN
Zaheer Kachwala / Reuters:
Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which can be allocated to various investments, like BTC and other cryptocurrencies — Truth Social parent Trump Media and Technology Group (DJT.O) said on Wednesday its board of directors has approved the launch …
Discussion:
CNN, Fast Company, Forbes, The Independent, Wccftech, Motley Fool, Capital Brief, Benzinga, Axios, CNBC, The Guardian, Wall Street Journal, Financial Times, Quartz, Trump Media & …, Fortune, Yahoo Finance, CoinDesk, Reuters, Fox Business, Barron's Online and Bloomberg, more at Techmeme »
Jill Goldsmith / Deadline:
US Rep. Zoe Lofgren introduces the Foreign Anti-Digital Piracy Act that would require US ISPs to make “a good faith effort” to block foreign-run piracy sites — U.S. Rep. Zoe Lofgren (Dem-CA) has introduced H.R. 791, the Foreign Anti-Digital Piracy Act (or FADPA) …
Discussion:
CMU
Aisha Counts / Bloomberg:
The NFL plans to let retired players use official game footage on their YouTube channels, part of its strategy to draw in younger, more diverse audiences — - NFL, YouTube expand partnership ahead of Superbowl LIX — Brandon Marshall, Cam Newton to use league footage on YouTube
Discussion:
Tubefilter and Fast Company
Elsa Keslassy / Variety:
Disney+ agrees to invest 25% of annual sales in France into French and European shows; in return, it can access new films nine months after theatrical release — As a payoff for this commitment, the streamer will be allowed to access newly released films nine months after their theatrical release …
Discussion:
Deadline and @revan.social
Todd Spangler / Variety:
David Field steps down as Audacy's president, CEO, and a member of its board; board member Kelli Turner will become interim President and CEO — Board member Kelli Turner appointed interim CEO as company commences executive search … The board has appointed Kelli Turner …
Alex Weprin / The Hollywood Reporter:
Netflix now lets iPhone and iPad app users download an entire TV show season with one tap, a much-requested feature that launched on Android in 2021 — The new feature lets users download an entire season of a show with one tap.
Discussion:
Variety, TVNewsCheck, TechCrunch, The Wrap, MacRumors, Streaming Better, 9to5Mac, BGR, The Verge and Media Play News, more at Techmeme »
Brian Stelter / CNN:
In her first White House press briefing, Karoline Leavitt criticized legacy media, encouraged digital content creators, and cast Trump as a savior for the US — Karoline Leavitt's first White House press briefing reaffirmed a truism about the Trump White House: His aides perform for an “audience of one.”
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The Hill, Mediaite, Global News, @whitehouse, Daily Kos, The Independent, So What, Axios, @jdvance, Washington Examiner, @presssec, Adweek, AV Club, @presssec, @seanspicer, Deadline, Townhall, @brianstelter.bsky.social, @aulia.me, Reuters, The Daily Caller, RedState, Alternet.org, NBC News, The Mirror US, Mother Jones, TVNewsCheck, Wall Street Journal, The Gateway Pundit, Associated Press, The US Sun, Washington Post, CBS News, FOX 32 Chicago, USA Today and Los Angeles Times
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Jeremy Barr / Washington Post:
White House Press Secretary Karoline Leavitt announces dedicated “new media” seating and restoration of credentials for 440 people “wrongly revoked” under Biden
Discussion:
New York Times, Columbia Journalism Review, @mikeisaac, @marymargolohan, IJR, Vanity Fair, New York Post, @charliekirk11, Poynter, The Daily Wire, @brian_armstrong, @ktmboyle, @elonmusk, @brianstelter, @makenakellyx@threads.net, @iriesentner, Mediaite, @mikeisaac, @bennyjohnson, Eschaton, The Guardian, One America News Network, New York Times, The Post Millennial, The Independent, The Hill, Fox News, Politico, Washington Examiner, New York Post and r/Journalism
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