AT&T’s Tepid ‘Tenet’ Stirs Worries at Hollywood Studios
New York Times: People aren't returning to the movies at anywhere close to the numbers that Hollywood hoped, and things are not expected to improve in the near term. Studios are postponing big movies again. Some analysts have started to re-sound alarm bells about the...
Fox Corp to Lay Off About 100 ‘Lowest-Paid’ Employees
Showbiz411: Fox News is starting a round of layoffs by firing the most vulnerable, nicest group in the building: hair and make-up. This group of mostly women were the friendliest and lowest paid at 1211 Avenue of the Americas. From now on, only on-air talent will get...
News Corp Shuts Down Printing Plant That Employs 500
Wall Street Journal: News Corp is closing its printing plant in the Bronx and moving the publication of several of its newspapers based in New York City to Queens. News Corp didn't release financial details of the move but says there would be job...
Bloomberg Media Plans Big Relaunch of News Streamer
Hollywood Reporter: Bloomberg Media hopes to get ahead of linear TV's decline, relaunching its QuickTake video service Nov. 9 with 100 dedicated staffers as a global, 24-hour streaming service. "We are creating in some ways the first post-Covid business network," says...
Axel Springer’s Insider to Unveil News Hub in Singapore
Digiday: The publisher of Business Insider is announcing this week the launch of a news bureau in Singapore, kicking off with four reporters and a salesperson. The global hub will publish English-language content. The publisher opened its London bureau in 2014, where...
New York Times to Join Facebook in Augmented Reality
Axios: The New York Times and Facebook are entering a multi-year partnership to co-develop augmented reality filters and effects on Instagram that help users access and contextualize New York Times journalism. The Times is building a dedicated "AR Lab"...
Washington Post, Financial Times Team for Digital Offer
MediaPost: The Washington Post and Financial Times are teaming up to attract new readers. From now through October 8, readers who purchase a Washington Post subscription will get three months of the Financial Times included. The bundle subscriptions range from $39 to...
Conde Nast Hires News Corp Veteran for Role in Digital
MediaPost: David Kaufman, the founding editor in chief of News Corp's news aggregator Knewz.com, will become the new digital director of Architectural Digest. He has also worked at the New York Times, New York Post and...
Meredith Magazine Star Launches Own Production Firm
Deadline: Ayesha Curry is unveiling her own TV and film production company, Sweet July Productions. Curry is continuing to expand her entrepreneurial empire, including the recently released lifestyle magazine, Sweet July Magazine, which will publish its second issue...
Forbes Top Editor Gets Doxxed on Twitter by Kanye West
Business Insider: Kanye West tweeted the phone number of a top editor at Forbes — an action known as "doxxing" that violates Twitter policies. The tweet called the editor a "white supremacist" and invited West's fans to call him. Talking Biz News: A Forbes veteran...
Bustle Digital CEO Hints of Another Relaunch of Gawker
The Information: "Gawker was not a very expensive bet for us," says Bustle Digital Group CEO Bryan Goldberg. "We paid a little over a million dollars to buy it. I do think we will relaunch it in the future. I still believe in the brand. The fact that the first attempt...
TheSkimm Kicks Off New Coverage of Health, Wellness
WWD: The Skimm is launching Skimm Well, a new content vertical focused on assisting women to navigate and prioritize their physical and mental health. "The world as we know it has turned upside down, putting unprecedented stressors on millennial...
Newsstands, Print Media Matter in Digital Age, Fans Say
Financial Times: Even in the thick of the digital revolution, landmark newspaper and magazine covers are still a major event. When the New York Times ran its 100,000 Covid deaths cover, all copies at one Manhattan newsstand were gone by 9 am. "People want more than...
Apple Unveils Subscription Bundle of Music, TV, Games
CNET: Apple's new service bundle, Apple One, will bring together different combinations of subscriptions including Apple Music, Apple TV Plus, Apple Arcade, Apple News Plus, storage service iCloud and the newly revealed Apple Fitness Plus under one...
Microsoft’s xCloud Looks to Become ‘Netflix of Gaming’
CNBC: Microsoft's new game streaming service, Project xCloud, is now available on Android phones and tablets. It competes directly with Google's Stadia, which launched last year. Think of xCloud as the "Netflix of gaming." The service may help attract casual...
Amazon to Sell High-End Fashion in New ‘Luxury Stores’
Fox Business: Now you can order couture from the same place you get groceries, dog food and furniture. Amazon has confirmed the launch of Luxury Stores, its high-end online shop devoted to designer fashion and beauty brands. Luxury Stores is available by invitation...
Facebook Buys Retailer’s Headquarters Outside Seattle
Seattle Times: Facebook will buy REI's so-new-it’s-never-been-used Bellevue campus for nearly $368 million. Facebook, which opened its first Puget Sound office in 2010 with three engineers, now employs 5,000 workers in Seattle, Bellevue and...
ByteDance’s TikTok to Become Standalone US Company
Financial Times: ByteDance will place TikTok's global business in a new US-based company with Oracle investing as a minority shareholder, according to a plan presented to US officials to avoid a ban of the popular video app by President...
AT&T Plans Lower-Priced Version of HBO Max with Ads
Bloomberg: AT&T will debut an ad-supported version of HBO Max next spring at a lower price, a bet that it can broaden the appeal of a hallowed entertainment brand without eroding its cachet. The new version of HBO Max will have a “light ad...
Comcast Touts 15 Million Signups at New NBC Streamer
CNBC: NBCUniversal streaming service Peacock has 15 million signups, a 50% increase in six weeks, says Comcast CEO Brian Roberts Peacock is Comcast's plan to monetize broadband-only subscribers through...
Disney Streaming Users on Track to Best Hulu by 2024
Fast Company: Disney+ viewership is expected to continue to surge over the coming years, according to a new report from eMarketer. Matter of fact, by 2024, Disney Plus will overtake another Disney majority-owned streaming service,...
ViacomCBS Streaming Service Rebrands as Paramount+
Associated Press: ViacomCBS will rebrand its CBS All Access streaming service as Paramount+, set to debut early next year with new, original shows. The expanded streaming service has been in the works since...
Fox Corp: Trump Suggests a Regular Morning Show Gig
TheHill: President Trump said twice on Tuesday morning that he will appear on "Fox & Friends" on a weekly basis through Election Day, but co-host Steve Doocy said Fox News has not committed to the proposal. "We're gonna do it every...
Netflix Faces Rise in US Cancellations After ‘Cuties’ Flap
Fox Business: Netflix's churn, or the amount of customers who choose not to renew their subscription, began to substantially increase following the release of the controversial film "Cuties." The churn could continue to grow in the coming...
AMC Networks Names Dolan Chief as Father Steps Aside
Hollywood Reporter: Charles Dolan will step down as executive chairman of AMC Networks, with the 93-year old shifting to a chairman emeritus role. Dolan's son James Dolan will become chairman of the owner of AMC, IFC, Sundance Channel and BBC...
SiriusXM Satellite Radio Names Sales Chief as New CEO
Reuters: SiriusXM has named sales head Jennifer Witz its new chief executive officer and hired AMC Networks finance head Sean Sullivan as chief financial officer. Witz will succeed James Meyer, who will retire on Dec....
New York Times New CEO Optimistic on Future in Audio
Deadline: Meredith Kopit Levien, the new CEO of the New York Times, says the company would consider acquisitions to expand offerings like its highly successful games and cooking apps and continue to grow in audio – which is a better fit for print than...
Hearst’s Marie Claire Editor in Chief Exits for Pinterest
WWD: After just nine months as editor in chief of Marie Claire, Aya Kanai is moving on to the tech world, taking on the new role of head of content and editorial partnerships at Pinterest. Her decision to leave Marie Claire is understood to have come completely out of...
Conde Nast Launches News Show ‘Good Morning Vogue’
Vogue: Vogue's new fashion news show, "Good Morning Vogue," was conceived in response to the tumultuous year. The 12-part series, airing every Monday, Wednesday, and Friday of the spring 2021 collections, will explore challenges facing today's...
Meredith Takes a Hit as Covid Strikes Magazine Industry
Seeking Alpha: Meredith's acquisition of Time Inc. could be the media company's "greatest mistake." The 2018 deal "resulted in billions in debt with essentially nothing to show. ... Meredith operates in a slowly but steadily dying...