The big picture

Streaming price hikes make it less of a cheap cable alternative

YouTube TV and ESPN+ are both raising their monthly charges.

Jul 1, 2020
The nerve center of the American news cycle

Wednesday was the number one day in Twitter's history for downloads.

Jun 9, 2020
No media publisher is immune in the coronavirus era

COVID-19 has accelerated the shrinkage of journalism.

May 21, 2020
A true digital media publishing breakthrough

Multiple companies turned a profit last year.

Jan 21, 2020
A new entertainment world order

Broadcast networks were shut out of Golden Globe nominations.

Dec 10, 2019
The free press is getting squeezed, even in democracies

Charges against Benjamin Netanyahu highlight the trend

Nov 26, 2019

All Media stories

David Muir is the most-watched man in summer TV

David Muir. Photo: ABC News

A quirk of the shutdown era, going back to March, has been the resurgence of evening news shows.

The intrigue: With no Olympics, and "60 Minutes" and other shows in summer reruns, ABC's "World News Tonight with David Muir" — for weeks — has been the most watched show on all of television.

What a Microsoft deal to buy TikTok would look like

Illustration: Sarah Grillo/Axios

President Trump, who said Friday night that he'll ban TikTok, may allow Microsoft to buy the app's U.S. operations if there's "complete separation" from the original Beijing-based company, Republican sources tell Axios.

What's new: Conversations with Republicans over the weekend suggest a possible blueprint for making the proposed Microsoft deal palatable to the White House.

Facebook hate-speech boycott had little effect on revenue

Illustration: Sarah Grillo/Axios

The high-profile Facebook ad boycotts that began in June and ramped up in July, pressuring the social network to act more forcefully against hate speech, have so far not put much of a dent in Facebook's top or bottom lines.

Driving the news: Facebook beat Wall Street revenue expectations for the second quarter, and it said that the growth of its ad business during the first three weeks in July was roughly the same as it was last year during the same timespan.

James Murdoch exits News Corp. board

James Murdoch. Photo: Bryan Bedder/Getty Images

Former 21st Century Fox CEO James Murdoch filed a letter of resignation from the board of News Corp. on Friday in light of disagreements over editorial content published by the company-owned news outlets, including the Wall Street Journal and New York Post.

What he's saying: “My resignation is due to disagreements over certain editorial content published by the Company's news outlets and certain other strategic decisions," Murdoch's letter reads.

Australia orders tech to pay media firms for access to content

Illustration: Sarah Grillo / Axios

A new draft code of conduct released on Thursday by officials in Australia would require tech giants like Google and Facebook to start paying news companies to distribute their content.

Why it matters: If Australia adopts the plan and it becomes a model for others around the world, such measures could offer a significant boost to the news industry, especially local news, as it faces financial decline.

Facebook beats Wall Street estimates despite pandemic and boycott

Photo: Thomas Trutschel/Photothek via Getty Images

Facebook's stock was up more than 6% in after-hours trading on Thursday, after the tech giant reported strong revenue growth, despite a global ad slowdown due to the pandemic and a growing advertiser boycott.

Why it matters: Facebook's ability to beat top and bottom line revenue expectations amid the coronavirus crisis and the boycott speaks to the strength of the company's appeal to marketers despite serious challenges.

Snapchat releases first-ever diversity report

Photo: Chesnot/Getty Images

Snapchat on Wednesday released its first-ever diversity report, showing that the company is still slightly behind its peers in terms of equal representation of people of color and women, especially on its technology teams, but that it's made progress adding more women to its leadership team.

Why it matters: It's taken a while for the 9-year-old Los Angeles-based tech firm to publicly confront its diversity shortcomings on paper. But incidents, like settlement payouts to laid-off women, have pushed the firm to take the issue much more seriously.

Universal and AMC strike historic movie distribution deal

Photo: Noam Galai / Contributor

Universal and AMC, the largest theater chain in the U.S., struck an unprecedented multi-year deal on Tuesday to allow Universal films to appear on premium video on-demand services after being made available in theaters for 17 days — a significant departure from the traditional 90-day theatrical window.

Why it matters: The move represents a major step toward shifting movie consumption habits from theaters into homes, even after the coronavirus pandemic subsides. It also signals a new era for the struggling movie theater business, which has faced near-collapse during the outbreak.

HBO's "Watchmen" leads Emmy nominations with 26

Photo: Gabriel Olsen/FilmMagic

HBO's dystopian superhero series "Watchmen" has earned a leading 26 Emmy nominations, the Television Academy announced Tuesday.

The big picture: TV shows are under a different spotlight this year, with streaming services reaping the benefit from America staying home in 2020. Netflix broke the record for most nominations of any network with 160, while shows from Disney+ and Apple TV+ received their first-ever nods.

TV cashes in on viewers' heightened stress from current events

Illustration: Aïda Amer/Axios

Amid the heightened stress from the pandemic, protests and the election, media companies are leaning into content that will help users cope with anxiety.

Driving the news: The stress relief app "Calm" is getting made into its own TV show.

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