Top News:
Katie Deighton / Wall Street Journal:
OpenAI acquires tech news show TBPN, promising editorial independence; TBPN was on track to make over $30M in revenue in 2026 and will wind down its ad business — TBPN staff will help with marketing and communications at OpenAI but keep their editorial independence, the ChatGPT parent says
Discussion:
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George Hammond / Financial Times:
Source: OpenAI bought TBPN, which has 11 staffers and averages about 70,000 viewers per daily episode, for “low hundreds of millions of dollars” — ChatGPT-maker moves into broadcasting with deal for TBPN after it had pledged to abandon ‘side-quests’
Discussion:
The Information, Wall Street Journal, PitchBook, The Economic Times, Business Insider and Feed Me, more at Techmeme »
Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M — Publicis Groupe is set to acquire 160over90 in a bid to win more of advertisers' spending in sports — Publicis Groupe is acquiring …
Variety:
Sources: the legal team for Paramount President Jeff Shell has engaged in preliminary talks about a possible exit from the company, where he was hired in 2024 — If Shell remains at the company, he will most likely transition to a different, more advisory role, according to a source with knowledge of the negotiations.
Discussion:
Status, @pinemikey.bsky.social, @pkafka, The Wrap, Screen, @mattbelloni, Wall Street Journal, The Hollywood Reporter, Vanity Fair and Deadline
Erik Wemple / New York Times:
Judges have now cited verbal attacks on the press by Trump and appointees when ruling against the US government in at least three cases involving news outlets — Judges have cited attacks on the press by the president and his appointees when ruling against the government in at least three court cases.
Lucia Moses / Business Insider:
OpenAI partners with Smartly, an adtech company that helps clients optimize ads in real time, to design ad formats that match ChatGPT's conversational interface — Follow Lucia Moses … - OpenAI has signed Smartly as its first creative adtech partner. — Smartly's ultimate goal …
Sam Spratford / Publishers Weekly:
HarperCollins partnered with AI animation studio Toonstar to adapt its books into YouTube series, starting with Friendship List by Lisa Greenwald — HarperCollins has announced a multi-year partnership with Toonstar, an “AI-powered” animation studio, to adapt a slate of the publisher's titles into original YouTube series.
Charlotte Tobitt / Press Gazette:
An interview with WSJ EIC Emma Tucker on increasing digital-only subscriptions by 30% to 4.29M since 2023, culture change, events, print, AI tools, and more — The Wall Street Journal's recent run of subscriptions growth is not down to an accident or luck, editor-in-chief Emma Tucker has made clear.
Discussion:
The Wrap and Talking Biz News
The Intercept:
In an amicus brief, 42 media outlets and advocates argue Trump's EO targeting some law firms restricts media access to pro bono and inexpensive legal counsel — A cohort of 42 media organizations and press freedom advocates filed an amicus brief supporting court decisions against Trump's attempts …
Matthew Gault / 404 Media:
A photojournalist and the Reporters Committee for Freedom of the Press sue the FAA over a ban on flying drones within 3,000 feet of DHS buildings and vehicles — Minnesota photojournalist Rob Levine and the Reporters Committee for Freedom of the Press are suing the Federal Aviation Administration …
Discussion:
@josephcox.bsky.social
Nellie Andreeva / Deadline:
J.J. Abrams' Bad Robot is closing its Los Angeles office and is expected to open a New York office, working with a smaller in-house team and outside producers — Word of the restructuring quickly spread around Hollywood Thursday despite the day being a major Jewish holiday, Passover.
Discussion:
Variety, New York Post, The Hollywood Reporter and The Wrap
Casey Newton / Platformer:
Sources: Meta has told members of its Oversight Board that it may stop funding the board after 2028, though eliminating all funding is not its preferred option — Shifting priorities and budget pressures could bring an end to the company's experiment in independent governance, sources say
Discussion:
@dmnd.me, more at Techmeme »
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