Top News:
Todd Spangler / Variety:
Filing: David Zaslav is selling ~4M shares of Warner Bros. Discovery stock, with an aggregate market value of just over $114M — His sale of the shares comes less than a week after WBD clinched a deal to sell itself to Paramount Skydance for $31 per share, after Netflix walked away from its deal for Warner Bros.
Discussion:
Deadline, The Hollywood Reporter, @alexweprin, @mattbelloni, The Wrap and World of Reel
Alexandra Bruell / Wall Street Journal:
Sources: Meta and News Corp sign a multiyear AI content licensing deal that will pay the media company up to $50M a year; News Corp also has a deal with OpenAI — The multiyear pact gives Meta access to content for training and to retrieve information for users of its AI tools
Joseph Cox / 404 Media:
An internal DHS document shows CBP used location data sourced from the online ad industry to track phone locations; ICE has bought access to similar tools — An internal DHS document obtained by 404 Media shows for the first time CBP used location data sourced from the online advertising industry to track phone locations.
Peter White / Deadline:
Banijay and RedBird IMI-owned All3Media announce a merger, creating a production giant with $8B in annual revenue, in a deal expected to close in H2 — The deal between Banijay and All3Media to create a European media powerhouse is done. — The pact, which has been in the works for some time …
Discussion:
The Guardian, Advanced Television, Variety, @banijayent, Bloomberg, Reuters, Deadline, Wall Street Journal, The Hollywood Reporter, Axios, The Wrap and Financial Times
Todd Spangler / Variety:
Amazon tells users it is shutting down the Wondery podcast app and Wondery+ subscription service “in the coming months”; some shows will be available on Audible — Amazon is pulling the plug on the Wondery dedicated podcast app and subscription service.
Discussion:
@davelee.me, @paularmstrongtbd.bsky.social and Phandroid, more at Techmeme »
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Lucas Shaw / Bloomberg:
Sinclair's Tennis Channel is selling its streaming service on the Prime Video Channels store, as part of a streaming push that will include other distributors — The Tennis Channel is looking to take a bigger swing at the online TV market. — The company, owned by broadcaster Sinclair Inc. …
Isabella Gomez Sarmiento / NPR:
Opening statements begin for the antitrust trial against Live Nation, which is accused of unfairly wielding its power over concert promotion, venues, and more — On Tuesday opening statements will begin for the federal antitrust trial against Live Nation, one of the largest entertainment companies in the world.
Discussion:
The Hollywood Reporter, The Wrap, Rolling Stone, Courthouse News Service, Forbes, Business Insider, NBC News, Lefsetz Letter, DNYUZ, Digital Music News, The Verge, Los Angeles Times, Bloomberg, Reuters, Chicago Tribune, NewsMax.com, Fast Company, TODAY.com, WPXI-TV, New York Times, Music Business Worldwide and Billboard
Max Tani / Semafor:
AP Senior Product Manager for AI Aimee Rinehart told staff that many editors preferred an AI-written article to a human one, and resistance to AI is “futile” — The Scoop — Max's View — Room For Disagreement — Notable — THE SCOOP
Discussion:
@kylebrussell, @ernie.tedium.co, @maxwelltani and @semaforben
Charlotte Tobitt / Press Gazette:
Perplexity asks a US judge to force Dow Jones and the New York Post to hand over the queries they made to “fish” for a basis to sue for copyright infringement — Perplexity has accused Dow Jones and the New York Post of carrying out a fishing exercise and “entrapment” …
Discussion:
Financial Times, Boing Boing and Bloomberg Law
Etan Vlessing / The Hollywood Reporter:
Comcast co-CEO Mike Cavanagh says for Peacock, “domestic is our path” and that the company is looking at bundles and partnerships for Peacock's growth — Mike Cavanagh told an investors conference the studio's streaming platform will keep focusing on the U.S. market as it scales up to profitability.
Discussion:
TheDesk.net, Media Play News, @loudmouthjulia, @loudmouthjulia and Deadline
CNBC:
Brendan Carr says Paramount's deal for WBD has “real consumer benefits” and is “cleaner” than Netflix's and that he expects it to be approved “pretty quickly” — FCC Chairman Brendan Carr has told CNBC that Paramount's bid to buy Warner Bros. Discovery is …
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David Pierce / The Verge:
Yahoo sold tech news site Engadget to Static Media in a deal that was signed in early February and is scheduled to close later in March — The consolidation of iconic internet publishing brands continues, as Static Media takes over another site. … Engadget, the long-running tech news website, has a new owner.
Discussion:
@nickstatt.bsky.social, @reckless.bsky.social and Talking Biz News
Andre Revilla / Engadget:
X announces a policy change suspending users from Creator Revenue Sharing for 90 days if they post AI-generated videos of an armed conflict without disclosure — The new policy is the platform's first rule requiring any kind of AI content disclosure. — X will suspend creators …
Catherine Perloff / The Information:
Sources: Amazon Publisher Services, which helps websites run ad auctions, is exploring offering technology to help other apps and sites sell ads in AI chatbots — Amazon is exploring offering technology to help other apps and sites sell ads in AI chatbots, according to two people who have talked to the company about its plans.
Sarah Scire / Nieman Lab:
A.G. Sulzberger encourages listeners “to support any news organization that's dedicated to original reporting”, in his first ad running across most NYT podcasts — The New York Times publisher A.G. Sulzberger has voiced a new ad encouraging listeners to support any news organization dedicated …
Discussion:
Inside Radio, Ryan Frank on LinkedIn, @niemanlab.org, @jayrosen.bsky.social and @niemanlab.org
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