media

Netflix CFO David Wells to step down

Netflix announced this morning its Chief Financial Officer David Wells would be stepping down from his role after helping the streaming service choose his successor. The company says it will be consid

The NYT adds a personalized ‘news feed’ to its iOS app

The New York Times announced on Friday how it’s adding its own take on Facebook-style News Feed to its mobile app. Yes, literally a news feed. The publication says it will now allow its iOS app

U.S. adults now spend nearly 6 hours per day watching video

If you’ve been wondering why every major media platform has been doubling down on its video efforts in recent months, Nielsen’s new report has the answer. According to the firm’s res

Viacom acquires Gen Z digital media company AwesomenessTV

Viacom today confirmed it’s acquiring digital media company AwesomenessTV, whose network reaches 158 million subscribers and approximately 300 million monthly views. The news follows a report fr

Blavity raises $6.5 million Series A round led by GV

Blavity, the digital lifestyle media company geared toward black millennials, recently closed a $6.5 million Series A round led by GV with participation from Comcast Ventures, Plexo Capital and Baron

The Ken raises $1.5M to grow its subscription journalism business in India

The Ken, a subscription news startup from India, is moving through the gears after it raised $1.5 million in fresh funding to build out its media business. We first profiled the company in March 2017

New media company Quartz sold to Japanese firm in deal worth up to $110M

Quartz, the business and tech news organization owned by Atlantic Media, is moving to a new home after publicly listed Japanese business Uzabase acquired it in a deal worth up to $110 million. The de

India’s Times Internet buys popular video app MX Player for $140M to get into streaming

Times Internet, the digital arm of Indian media firm Times Group, is getting into the digital content space, but not in the way you might think. The company’s previous venture — an OTT cal

Google Cloud will launch its Los Angeles region in July

It’s no secret that Google has long planned to open a cloud region in Los Angeles. The company has long said that a second region on the U.S. West Coast was in the works, after all. What we didn

Taiwan-based media startup The News Lens raises Series C for its international growth plans

The News Lens launched in 2013 as an independent news site for Taiwanese readers disenchanted with the country’s tabloid-ridden media. Now it has 9 million monthly unique readers, offices in Taipei

TheSkimm brings its news service to Android

TheSkimm, the female-led media company best known for its newsletter that summarizes, in plain language, the top news and highlights from the day before, is today launching a mobile app for Android de

Facebook kills its ‘Trending’ section

Facebook really doesn’t want to be a media company. The social network announced this morning it’s removing its often controversial “Trending” section from its site next week,

US news sites are ghosting European readers on GDPR deadline

A cluster of U.S. news websites has gone dark for readers in Europe as the EU’s new privacy laws went into effect on Friday. The ruleset, known as General Data Protection Regulation (GDPR), outl

Real Vision, a media platform for finance and business, raises $10 million

Real Vision is entering the crowded business and financial new space with a bang. The company, which recently raised a $10 million Series B after a $5 million A round, is working on a number of new in

Reese Witherspoon’s Hello Sunshine teams with Amazon’s Audible on audiobooks and originals

Reese Witherspoon’s media empire, Hello Sunshine, has teamed up with Audible to work on an audiobook project. The collaboration will initially see the launch of a showcase of Audible audiobooks

YouTube TV adds Tastemade and The Young Turks as it expands its digital media content

In April, YouTube TV confirmed rumors it was expanding its service by way of digital-only networks by launching two news channels from Cheddar. The streaming service was also expected to roll out ch

Supreme Court allows states to legalize sports betting, opening floodgates for online gambling profits

Whoever had the over on DraftKings‘ boss Jason Robins and FanDuel chief executive Matt King being given a potential billion-dollar windfall by the Supreme Court’s decision to allows sports

Medium’s latest pivot leaves some independent media in the lurch

Medium has abruptly pulled a feature that allowed publishers to operate paywalls on its platform, leaving some independent media scrambling for alternative options to maintain a crucial source of rev

Messenger adds support for sharing HD video, 360-degree photos

Perhaps aiming to snag some attention away from Snapchat’s big group video call update out this morning, Facebook also announced an update to its chat app Messenger, which will now allow users t

How Facebook Can Better Fight Fake News: Make Money Off the People Who Promote It

Facebook and other platforms are still struggling to combat the spread of misleading or deceptive “news” items promoted on social networks. Recent revelations about Cambridge Analytica and Faceboo
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