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Fox plans to launch a subscription-based streaming service by year-end that will be priced “relatively low” and target those who don't pay for traditional TV — Fox Corp. CEO Lachlan Murdoch says the SVOD will be priced “relatively low” and target viewers who do not pay for traditional TV
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Fox Corp reports Q2 revenue up 20% YoY to $5.08B, vs. $4.82B est., ad revenue up 21% to $2.4B, driven by political ads, sports, and news, and a $388M net income — The company posted earnings per share of 81 cents and revenue of $5.08 billion in its fiscal second quarter, which ended December 31.

Elon Musk accused an X user of “a crime” who named federal staff in a post that X then removed—showing what actual government social media censorship looks like — For years, we've watched self-proclaimed “free speech warriors” hyperventilate about imaginary government control of social media content moderation.
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Alphabet reports YouTube Q4 ad revenue up 14% YoY to $10.47B, vs. $10.23B est., says Google Cloud and YouTube ended 2024 with a $110B annual revenue run rate — YouTube, the internet's biggest streaming video platform, delivered a healthy 13.8% increase in global ad revenue for the year-end 2024 quarter …
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Spotify reports Q4 revenue up 16% YoY to €4.2B, MAUs up 12% YoY to 675M, subscribers up 11% YoY to 263M, and €1.14B in 2024 net income, vs. a €532M loss in 2023 — Price increases, cost discipline help audio-streaming giant pivot from heavy spending on growth to sustained profits
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Max Tani / @maxwelltani:
Memo: the Los Angeles Times is offering a voluntary buyout program to all employees who have worked at the paper for at least two years — In an email to staff shared with me, the LA Times says it's offering voluntary buyouts to all staff who have been there for more than two years. [image]
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Snap reports Q4 revenue up 14% YoY to $1.56B, vs. $1.33B est., global DAUs up 9%, issues light Q1 guidance, names Ajit Mohan as CBO; SNAP jumps 10%+ after hours — Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results.

TED head Chris Anderson announces his intention to step down after 25 years and hand over TED to whoever presents the best idea for its future — In an exclusive interview with WIRED, the British entrepreneur shares why it's time to move on from TED. — For 25 years, Chris Anderson …

Ampere predicts streamers will outspend commercial broadcasters on content for the first time in 2025, and overall content spend will rise 0.4% YoY to $248B — For the first time this year the streamers will spend more on content than commercial broadcasters.
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Nielsen: the 67th annual Grammys drew 15.4 viewers, down 9% YoY and ending a three-year growth streak; the show aired on CBS and streamed on Paramount+ — The awards show drew 15.4 million people this year, down from nearly 17 million last year. — Viewership for the Grammys slipped …
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An interview with Axios CEO Jim VandeHei on Donald Trump, why the media ecosystem favors the right, being optimistic about the future, Elon Musk, and more — Jim VandeHei, co-founder of Politico and later Axios, has spent decades at the forefront of political journalism.
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Publics reports FY 2024 net revenue of €13.97B, representing 5.8% organic growth vs. its 5.5% guidance, and expects organic growth of 4% to 5% in 2025 — Publicis (PUBP.PA), the world's largest advertising group by market capitalization, announced on Tuesday it expects organic growth …
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