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
Multiple companies turned a profit last year.Jan 21, 2020 - Economy & Business
Broadcast networks were shut out of Golden Globe nominations.Dec 10, 2019 - Economy & Business
Charges against Benjamin Netanyahu highlight the trendNov 26, 2019 - Economy & Business
The big picture: GLAAD's 2019-2020 report on LGBTQ representation in TV found that 10% of regular characters expected to appear on primetime programming in the past year were LGBTQ — the highest percentage in 15 years.
ViacomCBS said Wednesday it is selling book publishing behemoth Simon & Schuster to Penguin Random House, a subsidiary of German media giant Bertelsmann SE & Co., for $2.175 billion in an all-cash deal.
Why it matters: The deal brings together the biggest and third-biggest book publishers in the U.S., which means it could be met with antitrust scrutiny.
The Congressional Hispanic Caucus on Monday met with The New York Times to discuss the lack of Latino representation at the paper.
The big picture: Leaders in the Hispanic community have for years been putting pressure on U.S. media companies to include more Hispanic representation in their coverage. The election has served as a wake-up call for many news outlets to take those calls seriously.
The New York Times and The Washington Post have very different strategies for building the subscription news company of the future.
The big picture: Sources tell Axios that the Post is nearing 3 million digital subscribers, a 50% year-over-year growth in subscriptions and more than 3x the number of digital-only subscribers it had in 2016. The New York Times now has more than 6 million digital-only subscribers, nearly 3x its number from 2016.
The pandemic has been a nightmare for thousands of journalists out of work —and for additional thousands trying to navigate jobs amid fear and uncertainty.
Ezra Klein, co-founder and editor-at-large of Vox.com, the political news website owned by Vox Media, and Lauren Williams, editor-in-chief and senior vice president of Vox.com, are leaving the company, executives tell Axios.
Why it matters: They are the latest examples of high-profile media executives to leave management roles in pursuit of more hands-on, creative careers.
BuzzFeed has agreed to buy progressive news website HuffPost from Verizon Media in an all-stock deal, the companies announced Thursday.
Why it matters: HuffPost was once one of the most-trafficked news websites on the internet, but an over-reliance on social media distribution and a lack of strategic vision stripped the site of relevance in recent years.
Facebook says it removed more than 265,000 pieces of content from Facebook and Instagram in the U.S. for violating its content policies on voter interference leading up to the election.
Why it matters: The company was much more proactive this election cycle than last in taking down and labeling content attempting to disrupt the election.
Facebook said it took action on 22.1 million pieces of hate speech content to its platform globally last quarter and about 6.5 million pieces of hate speech content on Instagram. On both platforms, it says about 95% of that hate speech was proactively identified and stopped by artificial intelligence.
Details: In total, the company says that there are 10–11 views of hate speech for every 10,000 views of content uploaded to the site globally — or .1%. It calls this metric — how much problematic content it doesn't catch compared to how much is reported and removed — "prevalence."
Fuse Media, an English-language media company that serves mostly Latino and multicultural audiences, has sold a majority stake to a Latino-led management group, led by Fuse Media CEO Miguel “Mike” Roggero, alongside several other Fuse executives.
Why it matters: The move speaks to a growing trend of having Latinos control more of the decisions made at American media companies that target that demographic. Univision added four new independent directors to its board last week, all of whom are Hispanic.