The COVID-19 crisis has taken a toll on the Pay-TV industry, but investors feel optimistic.Mar 18, 2021 - Economy & Business
The ban has been in place since Nov. 3 and aimed to curb misinformation and confusion following the election.Mar 3, 2021 - Economy & Business
Shaprio says he will walk viewers through "all of the supporting research" to debunk arguments made by the left.Feb 24, 2021 - Economy & Business
YouTube TV and ESPN+ are both raising their monthly charges.Jul 1, 2020 - Economy & Business
Wednesday was the number one day in Twitter's history for downloads.Jun 9, 2020 - Technology
COVID-19 has accelerated the shrinkage of journalism.May 21, 2020 - Economy & Business
A fight between Black-owned media and corporate America is heating up. The latest to jump into the fray: Sean "Diddy" Combs.
Why it matters: It's a new ripple in a decades-long battle to get businesses to diversify how they spend ad dollars, a critical revenue source for media companies to survive.
What they're saying: "We demand that Corporate America reinvest an equitable percentage of what you take from our community back into our community," Combs, who founded digital network Revolt, wrote in a new letter today.
Catch up quick: For weeks, there's been tension brewing between Black media executives and General Motors.
Driving the news: The car company last week vowed to raise its share of advertising with Black-owned media to 8% by 2025, amid the growing pressure.
Where it stands: Combs says less than 1% of ad dollars went to Black-owned media companies in 2019.
The big picture: "We're literally making $1 out of half of a penny," Detavio Samuels, Revolt's CEO, tells Axios.
The backdrop: Allen has long pushed for major companies to spend at least 2% of their marketing budgets with Black-owned media outlets, Axios Media Trends author Sara Fischer notes. Verizon this week became the latest to get on board.
Premiering Wednesday on Netflix ... "This Is a Robbery: The World's Biggest Art Heist," a four-part documentary series from director Colin Barnicle taking viewers back 30 years to St. Patrick's Day weekend in 1990.
The clean energy think tank RMI just launched a nonprofit journalism arm called Canary Media that's staffed by well-known names in energy and climate reporting.
The big picture: Canary will be "at the forefront of the clean energy transition" with a mission to cover global efforts to fight climate change, per RMI, formerly the Rocky Mountain Institute.
Denver media outlets continue to confront a lack of diversity within their newsrooms, as reporters from marginalized backgrounds increasingly push for change.
Why it matters: Only 23% of newsroom employees identify as people of color, a 2018 analysis from the Pew Research Center found.
The BBC's Beijing correspondent John Sudworth has left the city and relocated to Taiwan after nine years, citing threats, surveillance and intimidation of his team in the wake of their reporting on Uyghur forced labor in Xinjiang.
The big picture: The number of foreign correspondents reporting from China has dwindled over the past several years as tensions have ratcheted up between Beijing and the West.
"That's the first time I've ever seen someone write their own obituary." That's the text message I woke up to this morning, and it was more than a bit unsettling. First thing I did was look in the mirror to make sure I was in it, then back at the bed to make sure I wasn't there too. Then it hit me: "Oh, this is about Substack."
Driving the news: Last night we reported that the email newsletter platform is raising $65 million at a $650 million post-money valuation led by existing investor Andreessen Horowitz (A16Z).
Since its sale to private equity firm Great Hill Partners in 2019, G/O Media (formerly Gizmodo Media), has lost a slew of top editors from its news and information sites.
Driving the news: Two editors-in-chief have left or announced departures from G/O Media in the past week.
The live TV "skinny bundle" is proving to be a much tougher business to crack than telecom providers and tech giants initially expected.
Driving the news: T-Mobile announced a major deal with Google that will, among other things, see the mobile carrier give up on running its own cable rival "TVision" and instead resell YouTube TV.
Documentaries were the fastest-growing genre on streaming last year, as more news companies leaned into licensing deals with streamers around current events.
Why it matters: Data from Parrot Analytics shows that there’s an appetite for news-adjacent content on-demand.
Spotify announced Tuesday it's buying Betty Labs, an app developer, and a live audio app developed by Betty Labs called Locker Room.
Why it matters: The deal marks Spotify's first foray into social audio. The company said last month that it was looking at ways to make its podcast more interactive between creators and listeners.