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 - Economy & Business
The nerve center of the American news cycle

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

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

COVID-19 has accelerated the shrinkage of journalism.

May 21, 2020 - Economy & Business
A true digital media publishing breakthrough

Multiple companies turned a profit last year.

Jan 21, 2020 - 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

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21 hours ago - Politics & Policy

Right-wing misinformation could gain steam post-election

Illustration: Aïda Amer/Axios

With less than a week until the 2020 election, researchers have expressed concern that the information ecosystem today is ripe for an unprecedented level of exploitation by bad actors, particularly hyper-partisan media and personalities on the right.

Why it matters: The misinformation-powered right-wing media machine that fueled Donald Trump's 2016 victory grew stronger after that win, and it's set to increase its reach as a result of the upcoming election, whether Trump wins or loses.

Oct 28, 2020 - Economy & Business

Trump-appointed USAGM CEO removes agency's firewall protections

Illustration: Sarah Grillo/Axios

Michael Pack, the Trump-appointed CEO of the the U.S. Agency for Global Media (USAGM), has posted a notice to repeal a firewall protection intended to protect the agencies it governs, including the Voice of America, from political interference.

Why it matters: Critics argue that without the firewall, there's nothing stopping USAGM-governed agencies from devolving into a propaganda arm of the administration — a move that's common in authoritarian regimes.

Apple TV+ strikes show deal with Jon Stewart

Jon Stewart in D.C. on Sept. 15. Photo: Paul Morigi/Getty Images

Jon Stewart, the former host of "The Daily Show," is set to release a yet-t0-be titled "original current affairs series" with Apple TV+ through a multiyear partnership announced Tuesday, per the Hollywood Reporter.

The big picture: Stewart, who set the tone for cable news parodies like "The Colbert Report," has remained out of the public eye since retiring in 2015. But he has championed political causes — including the September 11th Victim Compensation Fund.

Oct 27, 2020 - Economy & Business

Artists target Facebook in complaint to policymakers

Illustration: Sarah Grillo/Axios

The Artist Rights Alliance, a non-profit advocating for music creators, has sent a letter to the Justice Department, the Federal Trade Commission and the state Attorneys General of Vermont and California, calling for an investigation into Facebook for refusing to take action on a fraudulent concert on its platform.

Details: The letter, obtained by Axios, asks policymakers to investigate Facebook for "participating in a scheme to defraud cellist Zoe Keating, an unknown number of her fans, and undoubtedly thousands of other working artists."

Oct 27, 2020 - Economy & Business

Pay-TV's death spiral

Data: eMarketer; Chart: Axios Visuals

The pandemic will drive cable and satellite TV providers to lose the most subscribers ever, according to the most recent data from eMarketer.

Driving the news: Entertainment giants are beginning to pivot from linear TV t0 streaming, but with that pivot comes messy math.

Oct 27, 2020 - Economy & Business

SimilarWeb raises $120 million

SimilarWeb, an Israeli-based internet measurement company, has raised $120 million in its latest fundraising round, bringing its total funding to-date to $240 million.

Our thought bubble: The company was previously reportedly valued at $800 million after its last round in 2017, so presumably it's approaching a valuation that exceeds $1 billion.

Oct 27, 2020 - Politics & Policy

Pre-bunking rises ahead of the 2020 election

Illustration: Eniola Odetunde/Axios

Tech platforms are no longer satisfied with debunking falsehoods — now they're starting to invest in efforts that preemptively show users accurate information to help them counter falsehoods later on.

Why it matters: Experts argue that pre-bunking can be a more effective strategy for combating misinformation than fact-checking. It's also a less polarizing way to address misinformation than trying to apply judgements to posts after they've been shared.

Kendall Baker, author of Sports
Oct 27, 2020 - Sports

Scoop: "Field of 68" network launches today

Illustration: Sarah Grillo/Axios

Jeff Goodman and Rob Dauster, both long-time college basketball insiders, have joined forces with former players and fellow media members to launch a new college hoops podcast network called The Field of 68.

Coming up: The network will launch with a trio of national podcasts this week:

Kendall Baker, author of Sports
Oct 27, 2020 - Sports

Locker Room wants to reinvent how fans talk sports

Courtesy: Betty Labs

Locker Room, a social audio app where fans can talk sports and spontaneously join live conversations, launches Tuesday on the App Store.

The state of play: The company behind Locker Room, Betty Labs, has raised $9.3 million in seed funding led by Google Ventures with participation from Lightspeed Venture Partners, Axios has learned.

Oct 27, 2020 - Economy & Business

Scoop: The Lincoln Project is becoming a media business

Illustration: Eniola Odetunde/Axios

The Lincoln Project is looking to beef up its media business after the election, sources tell Axios.

Driving the news: The group is in talks with the United Talent Agency (UTA) to help build out Lincoln Media and is weighing offers from different television studios, podcast networks and book publishers.

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