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Media Beat: February 28, 2018

By David Farrell

Federal budget opens door to non-profit media models

As news outlets in the United States and Europe establish non-profit arms to help fund their journalism, the federal government says it will “explore new models” that would allow Canadian media companies to do the same – iPolitics covers the good and the bad in the budget proposal


Innovation stories

Local radio and television broadcasters continually develop and invest in new technologies that allow them to provide the news, entertainment and emergency information viewers and listeners rely on every day. Through innovation, local broadcasters keep communities safe, informed and entertained. With social media, over-the-air broadcasts, internet services, mobile applications and other emerging technologies, broadcast innovators are able to identify and create new opportunities to deliver these services to their communities – link in the headline to continue reading.

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Netflix & big tech vs legacy media

Netflix's "unsustainable" business model is approaching an “inflection point”, according to the global head of TV strategy at Videology.

He also warned that the political influence of the major tech titans over the global economy is a huge hurdle for the local TV industry to overcome

Speaking at last week's Future of TV conference, Rhys Mclachlan believes governments and businesses could easily be swayed by the vast sums of money tech giants throw at them as well “absurd” market valuations provides an unfair advantage to “loss-making” businesses like Netflix and Amazon to invest in content production.

“Netflix has to continue to put significant sums of revenue into the leaky bucket which is its programming commissioning strategy,” Mclachlan says – continue reading in AdNews

Podcasters Hall of Fame

– The Academy of Podcasters Hall of Fame is looking for 2018 nominations. The criteria and details are on the entry form, and yes, you can nominate yourself. Or, better, someone else.

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Loud Luxury
Courtesy Photo

Loud Luxury

Concerts

Tiësto, Zedd, Loud Luxury to Headline Montreal Dance Music Festival îLESONIQ in 2024

Major acts including DJ Snake and celebrity spinner Idris Elba will play the two-day festival at Parc Jean-Drapeau on August 10-11.

îLESONIQ bills itself as “Canada’s premiere dance music festival,” and the just-announced lineup for its 2024 edition is strong enough to validate that claim. The Bell-presented two-day festival takes place on three stages, August 10-11, 2024, at Parc Jean-Drapeau in Montreal, presenting a mix of some of the genre’s biggest names and up-and-comers.

The festival, which a press release says has its “DNA...steeped in EDM,” includes big names all weekend on the OASIS stage. Those include godfather Tiësto, DJ Snake, Canadian hit act Loud Luxury (they closed out the 2021 fest), Subtronics, Zedd, Timmy Trumpet, Audien and Jason Ross.

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