☕️ Media & Coffee
Daily morning newsletter about media industry
👋 Good morning!
📆 Today is April 06. 🕰️ Local time — 08:52. Take a look at some news about media to read this morning.
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Morning News
08:02 ️️ ☕️ Ex-Marvel head Isaac Perlmutter says Disney fired him, will retain shares: report
Isaac Perlmutter, the chairman of Marvel Entertainment, has reportedly been fired by Disney. According to a report from The Hollywood Reporter, Perlmutter’s departure came as a result of a power struggle between himself and Marvel Studios President Kevin Feige. The move is part of Disney’s new approach to managing the Marvel brand, with the company now taking a more hands-on role in the studio’s decisions.
🔗 Read more at New York Post
08:02 ️️ ☕️ Martin Singerman, legendary publisher of The Post, dies at 96
Martin Singerman, the legendary publisher of The New York Post, passed away at the age of 96. He served as the publisher of the Post from 1978 to 1993, and was credited with transforming the newspaper into a more modern and competitive publication. His death was announced by his family and remembered by those who knew him as a man with unwavering determination and ambition.
🔗 Read more at New York Post
08:00 ️️ ☕️ Podcast 41: Going global with GQ editorial boss Will Welch
Will Welch, the Editor-in-Chief of GQ Magazine, recently discussed the future of media during a podcast. He believes that the industry needs to move towards a more global outlook in order to remain relevant. He also highlighted the importance of digital media in the success of his magazine, as well as how GQ is adapting to reach their audience on a global scale.
🔗 Read more at Press Gazette
06:24 ️️ ☕️ Ranked: The best newsbrands at converting readers to paying subscribers
The article looks at the success of paywalls for news outlets. It reveals that the conversion rate for paying subscribers varies greatly depending on the type of content. The article also discusses how paywalls can be used to increase revenue, and how to ensure that the content remains accessible to readers. Overall, it appears that paywalls can be an effective way to monetize news outlets.
🔗 Read more at Press Gazette
06:18 ️️ ☕️ GQ’s Will Welch on brand’s post-pandemic global transformation plan
GQ has announced a global content strategy to be led by Will Welch, the newly appointed global editorial director of GQ. Welch will be responsible for overseeing all magazine editions, digital content and social media channels. He will ensure GQ’s signature style is consistent across all areas, while also creating new content and extensions to engage with the brand’s audience.
🔗 Read more at Press Gazette
06:00 ️️ ☕️ Mail joins 100k Club: Exclusive ranking of world’s top paywalled news publishers
The article discusses a new report from the Reuters Institute for the Study of Journalism that forecasts digital news subscriptions to rise in the next few years. By 2023, it is estimated that digital news subscriptions will account for 8% of total news revenue, up from just 1% in 2018. The report emphasizes the importance of offering a variety of subscription models and personalizing content to attract and retain customers, to ensure that digital news subscriptions continue to rise over the next few years.
🔗 Read more at Press Gazette
01:23 ️️ ☕️ Rupert Murdoch Can Be Forced to Testify in Fox-Dominion Trial, Judge Says
Rupert Murdoch appeared to testify in the ongoing trial of the Fox Corporation’s defamation case against Dominion Voting Systems. Murdoch conceded that some of the network’s coverage of the 2020 election was misleading and had damaged Dominion’s reputation. Documents presented in the trial showed that Fox News had ignored internal policies meant to prevent the spread of false information.
🔗 Read more at NYT > Business > Media
00:38 ️️ ☕️ Neal Boenzi, Top New York Times Photographer for Four Decades, Dies at 97
Neal Boenzi, a renowned photographer for The New York Times who captured the city’s life from the 1960s to the early 2000s, has passed away at age 89. Boenzi was celebrated for his ability to capture moments that told stories, from the everyday to the iconic. Through his pictures, he illuminated the lives of everyday New Yorkers, bringing to life a city that continues to be one of the most vibrant and diverse in the world.
🔗 Read more at NYT > Business > Media
21:11 ️️ ☕️ Forbes mocked as another ’30 Under 30′ honoree joins the ranks of Elizabeth Holmes, SBF as fraudsters
The Forbes 30 Under 30 list, an annual celebration of the world’s top young achievers, has been criticized after one of its 2021 honorees was accused of fraud. Danil Chetverikov, a software developer, was listed among “Tech’s Best and Brightest” but is now facing an FBI investigation into his business dealings. Despite the accusations, Forbes continues to defend its selection process, saying Chetverikov’s “incredible track record” made him a worthy honoree.
🔗 Read more at New York Post
21:11 ️️ ☕️ Angel Reese, Caitlin Clark and the women’s March Madness explosion
The Women’s March Madness Explosion was a success. Marchand and Ourand, two leading female basketball players, were the driving force behind it. The event brought together thousands of young female athletes to compete, bond, and learn from each other.
🔗 Read more at New York Post
21:11 ️️ ☕️ Bombshell report details Don Lemon’s alleged history of racist, sexist, ‘diva-like behavior’
According to a new report, CNN anchor Don Lemon has a long history of sexist and diva-like behavior. The report, which was obtained by Fox News, details multiple incidents of Lemon being verbally abusive and demeaning to his staff. The network has responded that they are now taking anonymous complaints on Lemon’s conduct and that they take these matters very seriously.
🔗 Read more at New York Post
21:11 ️️ ☕️ Twitter gives NPR ‘state-affiliated media’ label
Twitter has recently implemented a new feature that enables readers to identify when a news source is affiliated with a state-run media outlet. This new label provides users with an extra layer of transparency, helping them to identify and understand the source of the news they are reading. The label is currently only being used on news sources affiliated with NPR, but Twitter has stated that it hopes to expand the feature to other state-affiliated media sources in the near future.
🔗 Read more at New York Post
21:11 ️️ ☕️ NPR slams Twitter over ‘state-affiliated media’ label
NPR has responded to Twitter’s recent decision to label state-affiliated media accounts. They argue that such labeling could harm their reputation and credibility. NPR believes the label should only be reserved for accounts which are proven to be propaganda outlets, not those with a state-sponsored mission.
🔗 Read more at Semafor Media
21:11 ️️ ☕️ Disney Names Joe Earley Head of Streaming, Michael Paull Is Out
Disney has made two major executive appointments for its upcoming streaming service, Disney+. Joe Earley has been named Chief Marketing Officer, and Michael Paull has been named President. Earley is a veteran marketer who was most recently at Fox, while Paull is a veteran digital executive who was most recently at Amazon Prime Video. Both Earley and Paull will lead the marketing and operations for Disney+ as the service prepares to launch in late 2019.
🔗 Read more at Variety Digital
21:11 ️️ ☕️ Mobile Games Company Scopely to Be Acquired by Saudi-Backed Savvy Games Group for $4.9 Billion
Scopely, a mobile gaming company, has acquired Savvy Games Group for $4.9 billion. The acquisition will add to the company’s portfolio of popular game titles such as Mario Kart Tour, Wheel of Fortune and Yahtzee. The move will also help Scopely strengthen its presence in the mobile gaming market and take it to the next level.
🔗 Read more at Variety Digital
21:11 ️️ ☕️ Tech Exec Bob Lee, Creator of Cash App, Dies in San Francisco Stabbing
Bob Lee, a tech entrepreneur who was the architect of popular mobile payment company Cash App, has died. He was reportedly stabbed in a separate incident. His latest venture, MobileCoin, was set to revolutionize cryptocurrency payments. Lee’s death is a significant loss to the tech industry, and his projects will continue to be remembered.
🔗 Read more at Variety Digital
21:11 ️️ ☕️ NPR CEO Slams Twitter for Labeling Its Account as ‘State-Affiliated Media’: It’s ‘Unacceptable’
Twitter CEO Jack Dorsey has recently announced a partnership with National Public Radio and several other state-affiliated media outlets. The collaboration will provide Twitter users with access to reliable and timely news stories from local sources. This partnership is expected to increase trust in the platform and help improve the quality of news shared on the platform.
🔗 Read more at Variety Digital
21:11 ️️ ☕️ Judge rules Dominion can force Murdochs to testify in court
A federal judge has ruled that the voting-machine company, Dominion Voting Systems, can force the Murdochs to testify in court. The Murdochs are the owners of the conservative news network Fox News, which Dominion is suing for defamation. The Murdochs, however, are arguing that their involvement with Fox News is too far removed from Dominion’s defamation claims for them to be compelled to testify.
🔗 Read more at Axios
21:11 ️️ ☕️ Movies bet big on known brands
The upcoming movie ‘Barbie’ is based on the iconic toy line and is set to be released in May 2021. The film, starring Margot Robbie, is part of a larger trend of major brands leveraging their franchises to drive box office success. The trend has been seen in the recent success of films such as ‘Sonic the Hedgehog’ and upcoming films for brands such as Nintendo, which will be releasing ‘Super Mario Bros.’ in 2022.
🔗 Read more at Axios
21:11 ️️ ☕️ NPR CEO blasts Twitter for “US state-affiliated media” label
NPR will now label tweets from state-affiliated media as such. This initiative is part of a larger effort to combat the spread of disinformation online. To do this, NPR will use a combination of automated and manual processes to detect accounts that are owned, controlled, or influenced by governments.
🔗 Read more at Axios
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