Read this: The end of Newsnight, Paper domination and YouTube's pod move
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Can you show the program and just republished dominate newspapers now, but does it matter you?
Announces new channels and platforms one Netflix subs slow of news in the news this week the BBC iTV and a number of super in Deezer to be investigated by the competition and markets authority.
This is over the use of freelancers in the industry and where the companies including hat-trick in tiger aspect of falling foul of competition law in the wake of the conflict in Israel the EU has written to Elon Musk Mark Zuckerberg to remind me of their responsibilities to take information 1med appointed to the efforts to take down context his boss was simply asked European leaders to list of violations on his platform and Donald Trump has an apology from for magazine after they admitted him from a rich list maybe next year don't maybe next year for the London podcast studio to get to always in the top 400 Media podcast contributors at first.
Hudson from usually hello good afternoon, so Big Brother's back.
Have you watched any of it or do you think I can read in my youth? I am very happy.
It's back and very happy that the TV executive thought quickly need to make some cheap TV cos I'd rather new is falling.
I'm very happy that it feels more friendly to the to the Britain has to offer and it's a bit more like that used to be as well.
It's less influences.
Slightly more real people inverted commas real people in exactly what they're getting NN4 know exactly Instagram influencer pay packet might come from and exactly what they're doing the Innocence of the first Big Brother of Forever ago is dead.
I am afraid mediapad goats.
It's Paul Robinson goat.
Yes, that's the nicest things in your passport recently.
The week after that but I've tried to be away from Heathrow it's been great has 4 months of not going anywhere near fantastic excellent and earlier.
I'll see the Jimmy Savile drama the Reckoning an ad on Monday did you manage to catch it? I did and I was talking to my brother to watch it or not.
I'm just going to buy the Radio 1 in the 90s and I've never met to be recorded of recorded length.
You never play the single record an incoming do a month's programs in 2000 m out side, so it wasn't really much influenced him in the culture, but I'm going to a message.
I thought it was chilling.
You know it was well done.
Steve Coogan brilliant.
Fantastically, it's me by TV BBC so I think I do believe Charlotte when she says you know I gave them a free Britney for I thought it was probably pretty true to the real the real man BBC reporter Twitter Newsnight editor has left his role a deadline said on Wednesday that stupid cleaners during the BBC Africa Bureau it comes about time to BBC Two flagship news program to its budget Alex 5 million quid cut is quoted in the article is that yes, so there's a number of things going on and it's been a conversation as long as I can remember Lake and use nights viewing figures for about $300,000 taken and some video is taken when Paxman left it was at 1.4 million which was inflated figures cos it was Paxman leaving so millions of people have never ever watch news now release not in the modern times and you ignoring the internet giving away.
And you still relying on vod how many people watched it you still using far as this thing that somehow people hold dear.
That's not the way it works BBC News to work at impact Lifetime by all these new mechanics that we need to think about more effectively, so it's not a good judge and there was BBC exact cages a form of BBC is actually talking on a podcast saying is right things done all his money in a program.
That's only watch better in a thousand.
You could do that same investigative journalism spread across news in different parts of the day.
BBC News has an impact a new soul job, it is to move that German around the organisation already it can do it for less the BBC have to send original journalism else, what is it doing does it need to be Newsnight necessarily know but can use night still run on this money.
Yes, does it run the risk of ending up as GB news on Talk TV and taking too much inspiration from that for Matt yes.
I need to protect her too long and now it's of catching up with reality.
I think the format needs refreshing.
Yes, I do.
I mean I do think it's a little bit little bit predictable used cars does a better job for the daily current affairs programme however do I think the BBC should be doing something Knightley which is analytical in a block and I do I think it's key to the purpose there public purpose and I think it's important the BBC does investigative journalism now on the costs.
You know I don't like the idea of money coming out of news because I think the BBC should be invest.
Absolutely one of the things that underpins the BBC but doesn't mean to say shouldn't be efficient you absolutely should but I think he should be investing in you and I do think some sort of should investigate Strand that's there every night.
Maybe it needs a new Look maybe it needs a high-profile presenter.
We know the names will bring audiences in Alexa just made that point very eloquent, but I do think that some sort of current affairs investigative journalism on the BBC should continue on on BBC One on BBC Two BBC News to bring together of the domestic news channels trouble with it, but it's probably to send me the right thing to do.
How does the BBC deal with this emerging to the person has it do with the globalisation in the US has a deal with the fact that still funded by the licence fee payer consolidation is good, but what they have done as they are thinking about it as of removing content.
Optimising converter allowing journalist freedom on their own of their own volition, it's more being centralise into a big and more blob content rather than it being such specialised jealous going into things for programs that then travel across the BBC to reduce duplication and commissioning so they can put on the money behind more individual with a stick they're always changing your grandma always having a restricted it always thinking about how they do few things better all and I make the unmissable omnipresent all of these all of these things but it's still the same issue that if you if you're doing good original off Tara journalism.
You're not going to tell anyone else about it, because that's when those stories dying of someone else's a similar idea jealous that of you think about when is she there? There is off with a win over that and if the BBC does too many good stories.
That's not a problem.
It's not do any that's the issue or there's been a very large of diary story this week with.
This is Israel and Palestine done in covering this?
Is it almost done coverable? It has to be covered effectively the idea that you can cover it without the incident polarisation every site is
any I'm going to be incredibly Cafe and gallery slowly because it's a case of every single word you say on this issue is under the sharpest spotlight and so there is so many ways you can sell single word wrong and it affects the way the entire discussion goes from there and so I think I'm going to I'm going to simply quote had a tiktok influencer fascinating content and he said can I send this up in an easy-to-understand way know the system is f sideways anyone who tells you definitely is a liar and so how you get through all of that in a factual way would give them the propaganda machines on all sides both domestic international and how you get to the heart of the story factually given the centuries of history around this.
It's it has to be covered.
It is very difficult to cover effectively responsibly in factually know it's hard to be covered in a way that everyone happy with this little cities and it's not surprised BBC's had complaints I thought John Simpsons piece was pretty good night pretty much agree with what he said and that was you know those who criticise the BBC news for lol supersized the BBC for not using the word terrorist in connection with Hamas has caused a furore and he said no we're not calling them that we're calling them extremist and it's about our voice our voices about being impartial about you making up your mind who represent you with the evidence.
We interview people who are terrorists.
We need to be people with different point of view.
We try not to be balanced and then you make up your mind and I think that's a very clear and very right way of putting it.
I've been pretty impressed with the BBC's done very tough to cover it and you could say that.
But overall I feel they presented the fact clearly and concisely a few to make up your own mind to print Media interesting report this week.
I revealed that just Three UK publishers 90% of print reaching the country.
That's according to Tom Chivers and his paper who owns the UK media.
I'll leave you to guess who those top 3 are before Alex reveals the results of the victory DMG media news, UK and reach me.
It's a big surprise for this report to be phrase in the way, it is the idea that we are at the top line of this story that come out has been about the print media as if it's not 2023 as if you send me anytime and print Media is away by which Media conglomerates are judged and Tom who I love dearly and is a brilliant brilliant brilliant person who understands numbers better than most rewards for this data.
Trying to say that it matters that the people control the physical things is is confusing doesn't it doesn't make any sense to me and so when he talks about some does 10 of the top 15 online platforms used to access news in the UK owned by meta Google annexe call that's more interesting but then it's it's not their fault that the big media companies own central everything is the most of conglomerate in the middle.
I understand weather report exists and someone's made headlines, but that reach and EMG and the side of the people everyone knows all of the all of the 2 years of these companies the narrative is not surprised what surprisingly this is the lack of tiktok discussion in this report and the influence of that has across a narrative across the media is there a problem that piece of Media political elite and still a little bit obsessed with what's on the front pages to true.
I think this is a non story to be honest because news.
Top rated vacuum they just one way of sorting news and they used to be very very virtual trip to the newspapers.
They clearly take direction from there all the news channels cover the headlines where they should do not well that is correct and that may or may not be right there may be lazy.
I'm a radio station through newspaper reviews these days.
Don't seem to me something completely should have gone years ago the point is that you know newspapers are influential there any part of the news agenda? They are why does it matter if you take reach group when you got in there the Daily Star the Sunday Mirror the Daily Mirror Daily Express editorial.
They could not be more diverse yet.
This is under one management structure.
So you know I don't appoint their particular because as Alexa saying online is much more widely distributed there about 15 players that make up the news agenda BBC number 3 online.
I don't think it matters.
I really miss you.
I think so clean on story does it matter then whoever takes over the Telegraph say it depends so all of this talk around.co the Beast coming into the setting sun to the grand editorial policy that the Swallow at least in my experience is greatly exaggerated.
It hasn't happened to me and I've been seen him in some of these organisations and the idea that we would be told to say one thing everything is not as much as you like a Newsroom where they want anything all of it is chaos chaos and if anything there is rare that is not well.
It might be a bit of Conspiracy is always someone forgetting to do something or someone Google what's happening there could be a problem with monopolistic power around the media around one company controlling that narrative but the risk is more with Google with meta with tick tock tick tock.
That's the real interesting question answer that this reports of sites tiktok influencer news as being and it's 5 million users access news for tiktok which is confusing clicked from tiktok into a new site and actually people consume news on tiktok young people is American data than UK numbers of similar people spend longer on Netflix so it's with your trying to compare apples with apples without without comparing the real impact.
What would use a consuming and that is primarily at least if you're under probably no 40 single biggest elephant in the room that this report does not get to the bottom of 20 swipes it would probably know your personality pretty much spot on and be able to give you the right.
It's a bit worried.
I am worried.
It would just observe so much time at summer time.
I just don't have.
I mean, I'm Twitter I do LinkedIn do some Facebook that is plenty for me.
I don't need tiktok.
I'm not going to go there supposed to write in the centre does become a massive time so you can see if you're in it in it big user love it.
What comes out of it is very entertaining and and that's the point of this report so it's you don't need to go to a new website to get the news so picking implants are there a tiktok in Reverse example Reloaded different others who produced bespoke tiktok content that you are given 1 minutes 3 minutes to tell me when you are told the story do not need to go anywhere else and it is till the end of the point is actually that this is business plan now is to become the brand to become the trusted person as we getting pie Age 3 age of everything becoming decentralised your job is to become trusted and to become memorable and to become an appointment and that means you don't need to get a news site, but it's the people are remembered.
It's not the site they were.
Ok, I just related to stay with us as we got more on Netflix YouTube and podcasts after the short Spider-Man's interrupting your gripping investigate good news at 3 listening on Amazon music is included with your prime membership add shouldn't be the scariest thing about true Crime just had to amazon.co.uk / crime to the latest episode of without the ads there is more change than ever before so maybe that change you didn't see coming can change what the possible for you change what your business can be changed what you can make change the industry change the world changed so much that you change everything you want to reflect on all your change don't because more changes coming change and reinvent what your business could be now.
How do you keep track of your old work pensions on an ancient spreadsheet or with tons of sticky notes all over the house? Would it be easier if they're all working hard together open a wealthify pension today and use our time slider to move all your pensions into one easy to manage Park £5,200 cash back when you transfer an existing pension plan wealthify.com to wealthify your pensions capital financial conduct authority registration closed on 3rd November 2023 call Melissa back with me for some more store in brief this week the Launcher Prime Time channels and also YouTube podcast in the UK at Paul what are primetime channels primetime channels are really gator of lots of other stuff.
I think this is YouTube who are massive.
You'd answered have proper telly this sort of seen as being someone you watched this not like the big.
I think they want to go into proper television and get the points that over here in the UK and us to I think it's true most of your life.
She could Broadband not know well developed, but the thing is I think they're arguing that having multiple apps is a real problem and people don't like doing that I see no evidence for that see no data support that it may be creating may not be I think more likely is that YouTube know that they are absolutely up there for Discovery and they don't want to lose that audience no one of our convert them into customers.
They can monetize know the ways and it's Martin nbcu content bringing paramount content all under one umbrella including podcast all that stuff in one place.
It's easy for people.
So this is that if you if you want to sign up to lately lionsgate TV you do that now through YouTube yes, I mean you're starting to see the bed honey with the pay TV operators in Sky and Netflix no operating together and advertising together because they realise that people are confused and also the data suggest that no one.
Really more than 3 of 3 in a bit of the streaming subs there was more more people coming to the market and you've got in a lot of complaints to still yet to come into the UK you know someone's going to fall by the wayside.
You know we know that Netflix Amazon and Disney in an order of the three big ones you know how it goes going to get me Mark attraction by bundling with something like YouTube primetime channels.
They can get into households is a bit like what prime video do with channels as well.
Isn't it? So you can do a sub within herself.
Yeah, you can I mean obviously prime video channels subscription and then they've got three which is the advertising party is the same idea.
I think that's what cinema is that the Amazon Prime video channels are not generally big brands like paramount coming in the right vertical channels.
All they are you no more like fast fairly small number of hours 107 as unique as this is actually a real proper grown-up telly with all the the big Hollywood Blockbusters that's the difference.
Happened between Disney and charter in the States and sort of an understanding that still quite useful for reaching subscribers and stopping because these people used to sign up people too long contract and I thought we would be 2AD aggregated and Netflix adjust adjust its own but the stream of sort of realised may be doing with their old enemies a good thing yeah absolutely I mean I think it's that the high are poop has caused cold cutting to be you know the biggest in in America far more so than in Europe but you know 51% of total hours viewed in the US is still to Linear channels on excluding fast channels there, so it's not as big as it was but it's still not trivial and he was saying well now charged from Disney having this stop.
It's the end of a TV you know it's all going to go because that's not been the case both parties are actually very very keen to get a resolution and obviously Disney's lost some of its channels, but charters managed to get it.
So, I think it is in sing at the end of the day.
I don't think Lenny is going away.
I mean I'm going to make from next week the hot Topic everyone's talking about either way, I passed I've had so many implications for parties too fast free ad-supported television place on the planet.
I thought about the BBC launching their own version of fast channels slightly couple together version S iPlayer if they are they are they like channels to the PSP in the middle.
I don't know what's a bird without the burger.
How you own the pipes.
So this is the next stage where we going in the way that most of us so much of apples money comes from so we're just house and it takes 15% or 30% and so this as much as Elon Musk shout about super apps.
It's alphabets push for the super app.if.
Google can work out way to own the pipes where everything comes from the way that cable companies have done previously that is a huge huge cash card for the next generation of podcast consumption on YouTube podcasts like inverted commas, but watching videos like this on YouTube Western people talking around the microphone their interest in the UK podcast YouTube music they really want a bit of that I tried to search for this earlier and it still for a 44 mi from the us and then I got a very interesting question back.
What's the difference between a YouTube video and Anna Anna podcast? Why don't the 25th they say there is a different podcast as a type of event rather than like some audio deliver RSS which may be podcast purists would like one of those.
What is a lot of podcast light consumption and why not try and suck in the rest of the market into their into their place? It's another Google Play for that subscription model for owning the pipes that content and YouTube as an app on your phone is irritating.
You don't pay for it.
Won't let you play with it after this looking for it it it says you access my Google Music and you can listen to podcast even if phone is switched off and it's free for the moment which is going to step away from their current model with YouTube as a whole which is if you're not looking at it, they Gonna switch it off and I'm going to charge you the premium subscription fee so filled first ever YouTube softening slightly how it sees long form content being consumed in this way and I think it's a test if they can see rapid growth of this.
They look to soften that Paul YouTube is it all said and competing with Spotify who are making their own place a video in those wraps particularly from those younger creators.
Yeah, I think it is I mean I think you just want to own.
Can do it to the customer and I think people are really love.
I think they have their music that podcast fair video.
They're telling you know they gaming all in one place at the moment good places for that and I think that that consolidation is going to happen not yet happening at that sort of level, but I think that's the next place was still on telly Netflix have announced the slowdown in new UK subscription with 4% growth year on year.
It's 60% of the UK population of using Netflix at some point you know they are the largest player so course as more competitions comes in they are risk of losing.
You know given that people are not maybe add new services in definitely so the fact they're actually not gone down.
I think is a miracle also you know you you know that data.
You know it's 1-month data.
Is you next month might show.
You never know she'll be careful and look at the long-term trend.
I mean I think that's no problem now, but it stands for I think you know paramount coming it's been really interesting position yourself around the stone and Star Trek key franchising know what paramount amount it won't let you go for it Amazon we know we know I'm never had Amazon Disney Disney I think that hasn't quite good position to try to focus on movies original movies and maybe some a grey and summer frankly not so great they feel wanted and there's also the economic and there's no that people are being more careful with money and you know we've seen some turn down because of that so overall.
I don't think this is a bad today number for Netflix again.
Give me panicking 230 million subscribers worldwide.
You know it's not a business 1.4 billion profit last quarter.
I think they're going to sleep at night subscribers more than 14% more than the year before inflation agreed.
Netflix both, it's it if you are going up it once again.
We going to bed dataset of do we have a good day today subscriptions going up to see my good idea.
It does that mean that retention time does that mean that turn it high or Chinese lower you know what is the average user time and what is the callback? How often are they using at how long are they using at 4? What are the new discoveries on those channels are going back to watch before all of these datasets which for obvious reasons.
I never going to the public but that's what you get into the set of useful information.
So if people are still paying for Netflix but aren't using as much.
That's when you're going to see those sometimes taking it but if you like you were saying if you've got two-thirds of people already on the platform.
You can't expect growth, but it's how they using these results show that Netflix has lost its gaming which is a confusing it makes both perfect Sense and 0 seconds and I don't know what to make it yet, and it's so new but it's is Netflix trying what will keep people there for longer and keep people feeling at the getting day for Mum
And so the difference between out £10.50 isn't that big ones you agree to pay for it? It's making sure that people feel at the getting value from it because a lot of the stream has more money from the ad-supported customers than they are the subscription customers so some people saying then putting the price up is the service garage people down at level to take out because they can make already knew I think the thing about the price going up if you and Alex is totally right about you know we don't know what the behaviour is what the term Racism the risk is if they're starting to watch less than they will like my business.
If you don't seem it.
Eventually you realise what's that thing on my credit card and you stop paying subscription those even though it's not contracted.
It's lovely recurring Revenue and in terms of revenue per user it anything get from advertising but there's no doubt that the 8th or advertising pool is growing.
So they want they wanted to have basically have their cake and eat it I think it's very interesting.
I don't know anyone yet.
Got the balance right between the advertising on the M3 part of this.
I think there's still more work to do on that.
You know did Disney have had all sorts of full starts on their let's play a game with this personally I pay not have the ads but that's it a personal preference quiz podcast related layoffs.
Still kind of flowing through a particular America with seen two ends of the spectrum really so wnyc so storied PlayStation are going to cost quite early learning off some stuff also pushkin Industries taking quite a deep cut to it staffing levels down to the market correction as it just disappeared or is this the crazy managers is the shortest answer so according to grand view research the global Pakistan markets worth about 18.5 billion now is going to reach around 20.
By the end of this year and it's going to keep growing until it's 130 billion.
It says by 2030 the money is not going away but more people are creating podcasts and you'll see what a dent in the advertising revenue so before you would see a 30-second Hitler start the podcast and they went to a minute and now it's one minute 30 on the most popular podcast it's only 17 to them that you can see me add marker and alongside that you're saying the fact that everyone was picking out pivot to social pivot to video to podcast as if that was the next logical conclusion and the market just collected for that.
There is how much money in podcast because the audiences of an Abra colour so high if you chosen to download this and a listen to this you will know who these people are and you will relate to that the amount of podcast as I'm sure you've had people with you people come up to you later.
They know who you are and what you stand for all these things that are friends with you.
There is such such a premium on that market, but there isn't such a premium that.
Spotify pay Joe Rogan and everyone else could be repeated across the industry, but you're adding more AdBlue that's quite a radio thing isn't it realigning your business is the Malting car goes up and down fairly standard.
They just following a well-worn media tracker that bro.
I spent quite a lot time in LA and on the back of the right of strength and couldn't see now solved they all said Netflix and Disney that's a whole other people.
I think reappraising you know market correction absolutely agree with that would also I think it's about people using the opportunity think I can get away with people going now because everyone else is doing it.
I'm not going to get criticised for it if I have shares and probably get praised.
Do something about it cost base no there is something in advertising so I think a lot of people in my otherwise want to do maybe downsize a bit.
I'm doing it now because they have the window to do it.
I think it will change next year early.
We can see more of that Ride Across the entire sector particularly where there still like little nervous nellie's this is a media news that they attacked and it's a slip your headphones on the buses so buzzing with your name if you know the answer so poorly will say Paul likes you will say let's hear a noise number one really really sad.
I'm really gutted Paul Paul that is Holly Willoughby leaving this morning after 14 years and I'm sure they're really sad and I'm sure that she made a decision herself.
Are you ok? I am ok.
I'm just about coping with it.
I did think it was quite extraordinary watching Mark Austin doing the news and was covering the conflict in Israel from is how many have a news flash it is here and it was Holly Willoughby's resigning from this morning.
I thought that was the most bizarre bad news.
I saw this week.
It was Alexa strange End to Hollies rain.
I don't know what to say that hint about whether it was her decision or not.
I have not felt like I was it not heard this and I'm just just comment nothing nothing.
I believe that you know obviously they thought we need to clean slate, but we can't get rid of Holly at the same time as Phil come back and you know to say goodbye and we'll work the system and we'll start with a brand new team is a 30-second montage.
I think she got some some messages on like the side of.
The centre of the opening titles like a small card is so it's strange that she didn't get the chance to come back in and do the whole like whole show that that's a surprising thing it doesn't tell you it's probably not as people leaving shows is complex for everyone involved isn't it? It's very simple you going to the program to actually says you've just done your life show and you get all right.
I'm saying this is what happens.
I mean I think they are goodbye.
I mean to say good you know how many more years can we have I'm good luck to the girl 14 years no success 6 lesson Philip by the way.
I'm sure she will see what I TV doing other stuff.
So I'm sure she will pop up somewhere.
I can't wait.
I thought she was absolutely.
What can change I can change overnight maybe two in the Big Brother house that supposed to go right number to and that boogeyman still to Glasgow Alex yes, that's about the podcast about the unsolved murders of the Glasgow women 1960s which means that you know the case being reopened because of could BBC content Bible John at the podcasts promoted police in Glasgow to reopen the case if you produce something like this.
Isn't it? Isn't this where we go impact judge an impact not an audience figures an audience figures the way that we should be judging things around the floors a change of someone has held to account if if you fundamentally change the weather thing as seen all the way that thing is taken forward that is most important bit of German is exactly what the BBC should be doing more original journalism or more change happening more jealous that affects the way that Society operates.
Good size and she's a small Paul I think 25 years ago and they are being arrested in Bunyan die in prison and he's hitting about there being an alternative ending.
Are you sign felt know I've watched the first episode of about three times and never bothered to go further is pretty good.
I mean it's worth it like all things it doesn't date quite as well as you type it would and this was the start of the sitcom mention that something is going to be happening has to do with the ending an event last week about return I mean.
Is it a show about nothing and he said it all for me without makeup all our winner for that you get to Mastermind are reboot of the new Seinfeld series Alex why people keep up with what you up to at Alex Herts lynx hdds on threads on Instagram on tiktok, but no one use Alexa as well.
Thank you very much.
Lovely YouTube Channel 4 posts on Twitter and LinkedIn seen it and you'll know that on Tupac us to use make us look as good as we sat and you can get 25% off your first booking when you use the code me.
At the London podcast Studios that's Media pod at the London podcast Studios.com for 25% and the producer was Matt Hill with support from Holly pit audio production.
Change there is more change than ever before so maybe we need to change how we think about change.
Maybe that change you didn't see coming possible for you change what your business can be changed what you can make change the industry change the world changed so much that you changed everything and when you want to reflect on all your change because more changes coming change reinventing your business could be learning accenture let There Be change.
I work hard for my money, so I'm not just going to let it sit still while everything else is going up.
That's why I chose f&c Investment Trust with one simple investment I can put I need to work in 150 of the world's leading companies that bit harder and smarter that's more like it Investment Trust f&c capital at risk distribution by Columbia Threadneedle Investments February 1st 2020.
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