Media

The big picture

A true digital media publishing breakthrough

Multiple companies turned a profit last year.

Jan 21, 2020 - Economy & Business
Campaigns target younger voters online

Social media makes it easy for campaigns to buy ads targeted to different age groups.

Dec 14, 2019 - Economy & Business
A new entertainment world order

Broadcast networks were shut out of Golden Globe nominations.

Dec 10, 2019 - Economy & Business
The free press is getting squeezed, even in democracies

Charges against Benjamin Netanyahu highlight the trend

Nov 26, 2019 - Economy & Business
A nation of news consumption hypocrites

The topics we say we want covered more aren't the topics we actually read, according to an Axios analysis.

Jun 11, 2019 - Economy & Business
The topics that work best on the different platforms

Politics finds a home on Facebook, Twitter and Reddit.

May 7, 2019 - Economy & Business

All Media stories

Harvey Weinstein juror says #MeToo movement did not influence trial outcome

Harvey Weinstein. Photo: Scott Heins/Getty Images

A juror in the Harvey Weinstein trial told CBS This Morning that the cultural impact of the #MeToo movement was not a factor in the decision to convict the film mogul on Monday.

What he's saying: In an interview about the case, the juror, who told CBS to identify him as "Drew," said the deliberations took an emotional toll. But the movement had "absolutely zero" impact on the process.

Bob Iger stuns media world with sudden departure as Disney CEO

Photo: Jeff Kravitz/FilmMagic

In a move that shocked the media industry, Bob Iger said Tuesday he would step down from his role as CEO of the Walt Disney Company after leading the entertainment giant to unprecedented success during his 15-year run in the job.

Why it matters: Iger is credited with having successfully led Disney through a series of risky but highly successful acquisitions that not only solidified the company's entertainment dominance, but also ultimately reshaped the entire media landscape.

Minute Media raises $40 million at valuation exceeding $500 million

Illustration: Sarah Grillo/Axios

Minute Media, a holding group that owns digital sports and entertainment websites like Players' Tribune and The Big Lead, announced Wednesday that it has raised $40 million in venture capital in its latest fundraising round. Sources tell Axios that the company's post-money valuation is more than $500 million. It's raised $160 million to-date.

Why it matters: Minute Media is hoping to expand its business by selling publishing software as a service, not just by monetizing content.

Netflix introduces top 10 lists for movies and TV shows

Illustration:Rebecca Zisser/Axios

Netflix said Monday that it will begin putting out daily lists of the top 10 movies and top 10 TV shows in each country.

Why it matters: The company says that the lists will help users "easily see what’s in the zeitgeist," but industry onlookers argue that by releasing the lists, Netflix is undermining its almighty algorithm, which is supposed to surface personalized content recommendations for users.

Exclusive: Local newsrooms raise $1 million from philanthropy

Illustration: Aïda Amer/Axios

Report for America (RFA), a program of the nonprofit The GroundTruth Project, which supports emerging journalists, helped newsrooms raise nearly $1 million in local fundraising donations last year, executives tell Axios.

Why it matters: Support from donors for local news is becoming more critical as the Trump administration looks to severely cut funds for public media.

Free, ad-supported streaming on the rise as major media companies buy up platforms

Data: PwC and Digital TV Research; Chart: Axios VisualsA few of the last remaining major ad-supported streaming platforms are reportedly nearing sales to major media companies.

A few of the last remaining major ad-supported streaming platforms are reportedly nearing sales to major media companies.

Why it matters: The acquisitions show how valuable big media companies think ad-supported streaming services could be to their overall streaming strategies, as they continue to also invest in subscription streaming offerings.

Investors are wary of ViacomCBS' new streaming strategy

Data: Yahoo Finance; Chart: Andrew Witherspoon/Axios

Shares of the newly-combined ViacomCBS dropped a startling 15% last week, after the company announced plans for a new streaming service during its first earnings report as a combined entity.

Why it matters: The company is now worth far less combined ($17 billion in market capitalization) than the two companies were worth separately (around $30 billion) prior to their merger.

Only 33% of Republicans trust the media

Reproduced from Edelman Trust Barometer; Chart: Axios Visuals

The gap between Democrats and Republicans in their trust of media and business as institutions remains wide ahead of the election, according to Edelman's latest Global Trust Barometer study.

The state of play: The gap is wide for media trust — as 66% of Democrats trust it, while only 33% of Republicans feel the same. Independents sit at 43%.

Bernie Sanders' rise forces media to reckon with how to cover him

Illustration: Aïda Amer/Axios. Photo: Joe Raedle/Getty Staff

Bernie Sanders' rise is forcing news outlets to come to terms with ways they should covering his candidacy as a frontrunner, instead of a fringe candidate.

Why it matters: The media finds itself in the same position as it was in the 2016 election, when Donald Trump began to pull ahead in the Republican primary.

Univision sells majority stake to private investors

Photo: Robyn Beck/AFP/Getty Images

Univision, the largest Spanish-language broadcaster in the United States, announced plans Tuesday to sell the majority of its company to a group of investors led by former Viacom CFO Wade Davis. Deal terms were not disclosed.

Why it matters: The company had been struggling to find a strategic buyer since it said it was putting itself up for sale last year.

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