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Digital Media
Independent in talks to take control of BuzzFeed and HuffPost in UK
...The Independent, the British media group, is in talks to take control of the operations of BuzzFeed and HuffPost UK, as it seeks to build scale in a tougher climate for advertising revenues....
February 15, 2024
Reddit Inc
Reddit removes CEO pay incentives in signal of reduced hopes for IPO
...According to company filings, the social media company in December cancelled chief executive awards that were tied to the company hitting the ambitious market capitalisation following a stock market debut...
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Chinese society
Netflix adaptation of sci-fi novel ‘The Three-Body Problem’ sparks anger in China
...“Netflix seems to deliberately want to convey a frightening message to its global audience: it is the Chinese who brought aliens to [Earth],” wrote one Chinese social media user, referring to the protagonist...
March 29, 2024
Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...The social media platform is trying to secure an anchor investor as it pitches its fast-growing advertising business and the promise of revenues from selling its data....
March 7, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
Shares fall after streaming pioneer says it will stop disclosing subscriber numbers and shift focus to viewer engagement
April 18, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...The move comes after Paramount’s board spurned a bid from Apollo to buy out all of the media group’s shareholders at a valuation of between $17 and $19.50 a share, according to people briefed on the matter...
April 3, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Hannah Murphy
Why AI conspiracy videos are spamming social media
...Either way, it is clear that social media platforms should create and enforce more clearly defined rules around the use of AI on their apps....
March 21, 2024
LexNetflix Inc
Netflix jump into pro wrestling signals tipping point for sports media Premium content
...The National Basketball Association is the next major sports league looking to sign a new media contract....
January 23, 2024
Taylor Swift
Taylor Swift’s return to TikTok puts her at odds with Universal
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory....
April 11, 2024
Work & Careers
Quit-Tok: why young workers are refusing to leave their job quietly
...Judge, who had been doing the job alongside a part-time career as a content creator, posted a truncated version of the online meeting on social media under the moniker “Anti Work Girlboss”....
March 18, 2024
Apple Inc
Apple removes WhatsApp and Threads from China store under pressure from Beijing
...Chinese users had previously been able to download the apps of western social media platforms and use them via virtual private networks that bypass the country’s internet firewall....
April 19, 2024
Donald Trump
Donald Trump has $4.6bn stake in social media group after market debut
...Shares in Donald Trump’s social media business jumped in their New York market debut on Tuesday, making the former US president’s stake worth $4.6bn....
March 26, 2024
News in-depthMedia
‘Way too much news’: US conservatives face a fragmented media map
...media, according to a Brookings Institution study....
March 12, 2024
Reddit Inc
Reddit shares soar 48% in New York IPO
...Shares in social media company Reddit leapt by almost half on its market debut, in a vote of confidence for initial public offerings after two years of subdued activity....
March 21, 2024
ObituaryGerald Levin
Gerald Levin, AOL-Time Warner executive, 1939-2024
...That deal left Levin sitting atop a media and entertainment colossus....
March 15, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
UK politics
Senior UK MPs raise concerns over TikTok’s ownership
...The UK could instead look at “designation of social media apps” under the control of foreign adversaries as national security threats, or “tougher data exfiltration laws”, she suggested....
March 21, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Run by the Department for Digital, Culture, Media and Sport and with an annual capital budget of £330,000, the GAC plans to spend a low five-figure sum during the event, though this could be on a series...
April 18, 2024
Disrupted Times
Brussels blasts Big Tech
Also in this newsletter: UN Security Council calls for ceasefire in Gaza, UK accuses China of cyber attacks, neurodiversity in the workplace
March 25, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders shouldn’t Premium content
...Remarkably, the company said the redomicile vote had nothing to with the adverse ruling in the pay case, notwithstanding Musk’s ongoing social media criticism of Delaware....
April 17, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...The Max streaming platform, which will merge content from Discovery Plus and HBO Max, is seen by executives at the US media giant as crucial to driving and diversifying profits globally....
March 21, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
Streaming service will screen flagship programme as part of a 10-year agreement
January 23, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
March 22, 2024
Vinod Khosla
The US is right to target TikTok
...Should this bill turn into law, the president would have the power to force any foreign-owned social media to be sold if US intelligence agencies deem them a national security threat....
April 9, 2024
LexStreaming services
Disney, Fox and Warner sports streaming platform foreshadows consolidation Premium content
...Media moguls have been reduced to reinventing the wheel. Or more accurately, reassembling it....
February 7, 2024
FT CollectionsTech Exchange
Bill Ready: why social media turned toxic and how we can fix it
...BR: Social media has really started to consume all of media....
February 1, 2024

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