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The Latest Breaking News on Media

Musicians outraged as Spotify CEO claims the "cost of creating content" is "close to zero": "Our albums took hundreds of hours of human effort, hard work and creativity"

Daniel Ek's comments arrive as Spotify reports record profits of over €1bn in Q1 2024

MusicRadar

Spotify CEO sparks backlash after social media post that claimed the cost of making "content" is "close to zero"

Spotify CEO Daniel Ek touched the collective nerve of the music world by saying it costs almost nothing to make "content"

Metal Hammer

Spotify is offering refunds for Car Thing before it stops working

Customers who bought Spotify's Car Thing device can get a refund before it stops working later this year.

Android Central

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Spotify is refunding Car Thing owners — how to get your money back before Spotify bricks it

Spotify is offering Car Thing owners refunds after abruptly announcing plans to discontinue support for the in-vehicle streaming device in December.

Tom’s Guide

We're About to Find Out if TNT Actually Needs the NBA

WBD's CEO David Zaslav believes the company's global sports offering is enough to carry the company ahead.

Sports Illustrated

Rappers accused of murder endorse Trump

Rappers Sheff G and Sleepy Hallow, both indicted in 2023, joined Trump on stage during his Bronx rally

Salon

Spotify killing Car Thing shows why you shouldn't buy hardware from a software company

Spotify's tone-deaf email to customers informing them their devices will be bricked is the icing on the cake for an awful decision.

Android Central

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The distributor of a popular Hong Kong protest song will remove it from all platforms, creator says

The distributor of a popular protest song in Hong Kong has decided to remove the music from all platforms because of a court ban in the city, the group that created the song says

The Independent UK

Paramount, Charter Reach Carriage Deal That Includes Linear Networks, TV Stations and Streaming Services

Agreement follows model of groundbreaking Disney deal, adding streaming to the cable bundle

Multichannel News

Spotify's new font means a new logo too

And it's a radical mashup of typefaces.

Creative Bloq

‘I’m looking for a man in finance’: how a sampled sound bite can turn a dance track into an earworm

“I’m looking for a man in finance,” the TikTok user, @girl_on_couch, says blandly, looking around the room and then into the camera. “Trust fund. 6'5. Blue eyes. Finance.” In the caption, she urges someone to turn her sound bite into “an actual song plz”.

The Conversation

Comcast’s Dave Watson: Focus Is on Revenue, Not Broadband Additions

With no return to broadband customer growth in sight, cable chief aims to shift the focus to his company’s stable ARPU

Broadcasting & Cable

Should Investors Buy or Sell Disney (DIS) After Quarterly Results?

In the recent quarter, entertainment behemoth The Walt Disney’s (DIS) top and bottom-line results were mixed compared with analysts’ expectations. Despite stronger profitability, mixed trends across its business segments have pressured the overall growth. So, should investors buy or sell the stock? Keep reading to find out….

StockNews.com

Streaming? No Thanks, Says Nexstar CEO Perry Sook

Rebundling is taking the industry back to basic cable in costly fashion

Broadcasting & Cable

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Total Film

Disney Plus/Max bundle is the latest streaming mega-deal – but it sure does sound like a slow return to traditional TV

The offer will be rolled out in the US sometime in the summer

Tom’s Guide

Disney Plus, Max and Hulu are joining forces for mega streaming bundle — what you need to know

Disney Plus, Max and Hulu are becoming part of a streaming bundle to deliver the greatest collection of entertainment for the best value — here’s what you need to know.

Broadcasting & Cable

Disney and Warner Set to Bundle Disney Plus, Max and Hulu Starting This Summer

Media companies call their triple streaming play 'the best value in entertainment,' but no price or specific launch day was revealed

Multichannel News

Sinclair Net Income Drops To $23 Million in First Quarter

Core ad revenue down 3%

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news in one place.

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Broadcasting & Cable

David Zaslav Sidesteps NBA and Paramount M&A Questions at Milken Conference, Bombastically Declares That Exec Pay Should Align With Stock Price

‘We love the NBA,’ the Warner Bros. Discovery CEO said

Sports Illustrated

Amazon Prime Expected to Be Major Player in NBA’s Broadcast Future

New NBA rights deals are beginning to take shape.

Kiplinger

Disney Stock Dives After Earnings. Here's Why

Walt Disney stock is down Tuesday after the company came up short of revenue expectations for its fiscal second quarter. Here's what you need to know.

Broadcasting & Cable

Paramount Pitches Performance of Programming, Ad Tech (Upfronts)

Takeover talk is background noise, ad chief John Halley says

Android Central

Spotify should stop worrying about Apple and just make a better streaming service

Spotify seems determined to be the next Epic and go to war with Apple. But the company's argument is extremely flawed, and Spotify would genuinely be better off working on itself.

Tom’s Guide

Spotify is locking song lyrics behind a paywall — what you need to know

Spotify users without a subscription will only be able to view limited song lyrics per day.

Multichannel News

Fubo Continues To Reduce Red Ink Despite Losing 110,000 Subs in Q1

Revenue rose 24%

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