Mather Report with David Clinch
David Clinch
#MediaRevenue Consultant at MGP. VP Partnerships - Mather Economics. #MediaRevenue
Happy Friday and welcome to our?weekly #TGIF review of the important?#MediaRevenue?stories each week. If I missed anything or if you have any questions about any of the stories, let me know via email or message.
As previously mentioned,?Peter Doucette?is now leading our Mather Strategic Consultancy practice and we are also excited to welcome Liesbeth Nizet , who will be launching our new office in Antwerp, Belgium.
I noticed some interesting applications of Live Journalism during the coverage of the death of Queen Elizabeth, including some smart thinking around how to appropriately give users opportunities to register or subscribe during big stories.
We also saw some very interesting stories related to payments from Platforms to Publishers.
Always?let me know on Twitter?if you spot any?#MediaRevenue?stories I may have missed. If you have any questions or comments about these updates,?please get in touch.?
Here is this week's curated selection of?#MediaRevenue?news:
"The Journalism Competition and Preservation Act, which would temporarily exempt newspapers, broadcasters and other publishers from antitrust laws to collectively negotiate an annual fee from Google and Meta/Facebook, will be held over for a future committee hearing to determine if it moves to the Senate floor for a vote."
"Two hours into its Thursday markup, Republicans inserted provisions designed to limit the platforms’ abilities to moderate content, over the objections of lead sponsor Sen. Amy Klobuchar, who then withdrew the bill."
"Bill designed to counter the market imbalance Big Tech has imposed on small and local papers and broadcasters across the country."
"Though progress was being made during the markup and the bill sponsors successfully navigated several proposed amendments, debate was held to reconcile an amendment raised."
"Bloomberg Media in recent months agreed to a multiyear licensing deal in the U.S. with Google that will generate $1 million to $3 million a year, while Reuters agreed to a global deal last year that would bring in a similar amount of U.S. revenue, people familiar with the agreements said. The Texas Tribune also has signed a Showcase deal." "Gannett...in early negotiations with Google rebuffed an offer of more than $6 million a year as part of a multiyear deal, according to people close to the discussions. Instead, the company asked for payments of around $300 million annually." "Washington Post had discussed a possible deal for over $5 million a year, according to people familiar with the matter, but the outlet was seeking a bigger payment."
"The Washington Post is losing its chief information officer?Shailesh Prakash?to Google.?The executive, who joined the Post in 2011 and built a digital delivery system for the?Jeff Bezos-owned newspaper, has been named vice president and general manager of news at the search giant."
"Facing economic headwinds,?tech platforms have pulled back on providing financial support for news organizations, studios and individual creators to produce content for them."
"Yahoo has acquired The Factual, a company that uses algorithms to rate the credibility of news sources."
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"The Queen’s passing was confirmed by the Palace at 6.30pm on Thursday September 8. Coverage of the monarch’s deteriorating health dominated news outlets in the hours preceding the announcement, while behind the scenes publishers and platforms got to work putting in place guidance for their advertisers."
"And of course, a sub hustle moment from the late Queen's Telegraph" - Sara Fischer
"The company is in talks to develop a content partnership with MBC, a Saudi Arabian media giant partly owned by the government."
""As of now, we do not have concrete plans to scale back our seven-day print delivery, but eventually, that day will come," said AJC General Manager Bala Sundaramoothy. "When we do decide to reduce our print schedule, it will be because our business is ready and our employees, subscribers, advertisers, and partners will be the first to know.""
"After 10 years running the newsroom, McGrory will be chair of Boston University’s journalism department and write an opinion column for the Globe."
"The magazine and its news site,?which are based in Washington, have been owned since 2019 by the Walt Disney Co., which acquired a majority stake in the famed yellow-bordered publication as part of its $71 billion purchase of 21st Century Fox."
"New podcast episode with Future CEO Zillah Byng-Thorne. We spoke about the turnaround she's engineered there, and how her starting point was the question: What's our right to exist?"
"The state of California gets into supporting public service journalism in a big way."
"I'm told that The Information has about 45,000 paying subscribers."
"Journalists have free access to Muck Rack's platform to build profiles so they can better connect with various public relations departments."
"Mather Expands Global Footprint with New Office Opening in Belgium"
#MediaRevenue Consultant at MGP. VP Partnerships - Mather Economics. #MediaRevenue
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