Twitter Warns of $250 Million FTC Fine Over Data Misuse
CNBC: Twitter disclosed that it expects to lose as much as $250 million for using personal information users provided for security purposes to target advertising instead, after receiving a draft complaint from the Federal Trade Commission. "The matter remains...
Snap Adds Songs to Videos in Deal with Music Companies
Bloomberg: Snap is introducing a new feature that lets customers add music to their posts within Snapchat, creating a way for young people to share songs with friends and a new promotional tool for the music industry. Snap will roll out a test of the product in New...
Comcast’s NBC News Takes ‘Meet the Press’ to Streaming
Variety: Chuck Todd will launch a weekly political program on both NBC News Now and Peacock in September, just in time to dovetail with what is likely to be rising interest in the 2020 presidential election. Todd will also start anchoring programming around big...
ViacomCBS Plans Return of Soap ‘Young and the Restless’
TV Line: CBS daytime drama "The Young and the Restless" will be back on air with new episodes beginning Monday, Aug. 10. Daytime’s No. 1 soap ran out original episodes in late April; since then, CBS has been filling the void with vintage...
Discovery’s Shark Week Lures Big Sponsors in 32nd Year
Multichannel News: Even in the middle of a pandemic, Discovery can count on Shark Week to deliver sponsors. In its 32nd year, Shark Week has attracted new sponsors including Jeep, Heineken 0.0, Nationwide, Burger King, Home Depot, Modelo, Gorilla Glue and Cooper...
Fox Corp’s News Channel Dominates Summer TV Viewing
Forbes: Since June 1, Fox News Channel has been not just the most-watched cable news network, but the highest-rated network in all of television, with an average prime-time audience of 3.451 million. Neither CNN nor MSNBC has managed to deliver audiences as...
Lupa Systems, from Murdoch, Wins OK for Stake in MCH
Art Net: Shareholders of Art Basel's parent company, MCH Group, have agreed to a much-discussed cash infusion from James Murdoch. The proposed investment, about $80 million, will make Murdoch the Swiss company’s new “anchor...
McClatchy in Deal to Clear Proposed Sale to Hedge Fund
McClatchy DC: McClatchy and Chatham Asset Management told a federal judge that they have reached a tentative agreement with less-protected creditors on a deal that removes opposition to the sale of the company and clears the way for an exit from...
Gannett’s USA Today to Republish Stories from New 19th
USA Today: The 19th, a new women-based, nonprofit newsroom, will report on topics such as gender, politics and policy. USA Today and Univision are partnering with the 19th for the launch. The USA Today Network will regularly republish the stories across its...
Axel Springer’s Business Insider Plans 2021 Office Return
@maxwelltani: Business Insider told staffers that the company will not require employees to return to their offices until July 2021. "This might be the first media return-to-work date I actually believe. I still think about how a lot of media said in early March that...
Conde Nast Unites 26 Vogues for First Time on Hope Issue
Fashionista: For the first time ever, all 26 global versions of Vogue are coming together under one editorial theme for their September/October 2020 issues. Entitled "Hope," the global collaboration will feature a portfolio of artwork and photography curated by the...
Meredith Unveils Audience-Targeting Service with Kroeger
Adweek: Meredith is launching a new audience-targeting service with the analytics arm of Kroger, America’s biggest grocer. The service lets brands use Kroger’s first-party sales data to advertise across Meredith’s suite of publications. The hope is to offer brands...
News Corp’s Murdoch Son Sends a Message in Shock Exit
Sydney Morning Herald: James Murdoch's resignation from the board of News Corp. on Friday made clear to the world that his departure was not an amicable separation, but a fundamental rejection of the company's direction. "My resignation is due to disagreements...
Disney Veteran to Replace Conde Nastie After Tweet Flap
WWD: Conde Nast is replacing Oren Katzeff as president of its entertainment division. Disney executive Agnes Chu will join the company in September and report to CEO Roger Lynch. The move comes just weeks after a number of Katzeff’s offensive tweets were...
Comcast Probes NBC Boss Amid Misconduct Accusations
Hollywood Reporter: Current and former employees allege that NBC Entertainment chairman Paul Telegdy engaged in racist, sexist and homophobic behavior. Sources say they have seen Telegdy make sexual comments about the appearance of network...
ViacomCBS Adds Quarantine Videos to MTV Awards Show
Associated Press: It’s raining nominations for Lady Gaga and Ariana Grande’s “Rain on Me” at the 2020 MTV Video Music Awards, which will present new categories focused on live performances and music videos created at home during the coronavirus...
Netflix Enters Landmark Deal with TV Producers in Britain
Deadline: Netflix has invested in "Black Mirror" creators Charlie Brooker and Annabel Jones’ new production outfit Broke And Bones in a first-of-its-kind deal for the streamer in the UK, which could ultimately see it take full control of the company for around $100...
Amazon’s Bezos Buys a Beverly Hills Home for $10 Million
Daily Mail: Jeff Bezos has forked out $10 million for a Beverly Hills home located right next door to the $165 million compound he purchased in the area back in February. Real estate records show the Amazon chief snapped up the home in an off-market deal in...
Twitter High-Profile Hacking Brings Arrest of Florida Teen
WFLA: A Tampa teenager is in jail, accused of being the “mastermind” behind a hack on the social media website Twitter that caused limited access to the site and high-profile accounts, according to jail...
Microsoft Gets 45 Days to Reach Takeover Deal for TikTok
Reuters: President Trump has agreed to give China’s ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft. US officials have said TikTok under its Chinese parent poses a national risk because of the personal data it...
Facebook’s Zuck to Educate Users About Election Process
New York Times: Mark Zuckerberg plans to brace the Facebook audience for the postelection period with a round of education aimed at “getting people ready for the fact that there’s a high likelihood that it takes days or weeks to count...
Study: Americans ‘Less Informed’ from Social Media News
TechCrunch: A new report from Pew Research finds that social media news consumers tend to follow the news less closely and end up less informed on several key subjects. That seems to reinforce a belief that many people already hold, of...
Chernin’s Barstool Sports Youth Audience Attracts Trump
New York Times: President Trump's aides have identified Barstool Sports and its network of popular podcasts and social media personalities as a way to reach younger voters. "Barstool sports fans are younger, more Republican than the public...
AT&T’s WarnerMedia Won’t End ‘Ellen’ Amid Accusations
USA Today: An executive producer for "The Ellen DeGeneres Show" is denying rumors that the long-running daytime talk show may end following accusations of a toxic work environment. Andy Lassner tweeted that "nobody is going off the...
SiriusXM Rumors Circulate About Future of Howard Stern
New York Post: There’s buzz that Howard Stern may retire when his five year deal with SiriusXM expires at the end of this year – but insiders at the network say not so fast. They are in talks for what could be the biggest contract of the rock star jock’s...
Sinclair TV Stations in Mission to Become ‘Fox News-Plus’
Washington Post: Sinclair station news managers say they still receive daily news reports from headquarters that favor President Trump’s position or attack his critics. “Sinclair has always wanted to be Fox News-plus,” said one former Sinclair station...
Charter Taps Local TV for Launch of Spectrum News App
USA Today: Charter Spectrum, best known for its broadband and pay TV services, is championing local news with a new mobile app. The Spectrum News App features video and text-based stories, as well as live linear video feeds from its 30-plus TV news...
Hearst Plots Leadership Reset Amid Turmoil in Magazines
Vanity Fair: Who will ultimately be crowned as Troy Young’s successor? Acting president Debi Chirichella may eventually shed the “acting” part of the title. Some company execs are “thrilled” to see her in the role. Chirichella “will probably get ratified into the...
New York Times Union Calls for Article ‘Sensitivity Reads’
New York Post: A union representing some 1,200 New York Times employees is urging that articles be subjected to “sensitivity reads.” The News Guild of New York said its reps recommended the extra layer of vetting during a meeting with the Grey Lady’s...
The19th* Launches with Support of Murdoch, Craigslister
The Cut: The 19th*, a nonprofit newsroom officially launched on Sunday. It's named after the 19th amendment, which gave women the right to vote 100 years ago. Kathryn Murdoch and Craig Newmark have made large donations to support the...