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Civilized, a lifestyle brand aimed at the “bright, creative, hardworking people” who “enjoy cannabis responsibly,” is teaming up with Cannabis Club TV to distribute its original content via CCTV’s on-demand streaming service at 175 point-of-sale locations in 11 states. Cannabis Club currently features a lineup of over 13,000 unique videos that include talk shows, sports, comedy and reality TV. Civilized TV is launching a full slate of programming, with such entries as “Ask a Budtender” and “First High.” “The overarching goal is to change the narrative surrounding cannabis,” said Cannabis Club TV CEO Danny Keith. “Together we can deliver top-quality content directly into dispensaries across the United States.”
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Both Dish Network and DirecTV took a hit in their subscriber numbers in the fourth quarter of 2018. While Dish’s over-the-top internet television service, Sling TV, saw a rise of 50,000 subscriptions, its traditional satellite network shed 386,000 subscribers over the same period. The drop left the company with 12.32 million subscribers at the end of 2018, down from a total of 13.20 million at the end of Q3 2017. Dish cited its ongoing carriage dispute with Univision and HBO as a main source of the subscriber exodus. Things are no better at AT&T’s DirecTV. CNBC reports that DirecTV Now, the company’s streaming service, lost 14 percent of its base (267,000 subscribers) during the fourth quarter, down to 1.6 million subscribers. Its traditional system lost 391,000 customers. AT&T is currently preparing a new streaming service, which will feature HBO as a lead brand and will host all of WarnerMedia’s other properties, including movie and TV franchises.
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NewsMatch, a national matching-gift campaign to grow fundraising capacity in nonprofit newsrooms and promote giving to journalism among U.S. donors, says it helped to raise $7.6 million in 2018 for 154 nonprofit news organizations, representing 42 states, Washington, D.C., and Puerto Rico. The organization says it has raised more than $14 million for newsrooms since it was launched in 2016 by the John S. and James L. Knight Foundation. A grassroots-funding drive that ran from Nov. 1 to Dec. 31 resulted in donations from 240,000 people, with more than 50,000 of them being new donors. Small and medium-sized newsrooms were the biggest beneficiaries of the giving surge, with increases of more than 30 percent in both individual donors and dollars raised. “These results are a bright spot, showing how individuals from coast to coast are committed to supporting quality news,” said Institute for Nonprofit News executive director and CEO Sue Cross.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
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