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1:55 PM ET, June 29, 2022

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 Top News: 
Nathan Bomey / Axios:
Maria Ressa says the Philippines' SEC told Rappler to shut down; Ressa: Rappler will fight the order affirming an earlier decision revoking incorporation papers  —  HONOLULU — Nobel Peace Prize laureate and journalist Maria Ressa said Tuesday that the Philippine government has ordered her news organization to shut down.
Adam Piore / Columbia Journalism Review:
A look at DC-based Punchbowl, which had 3,000+ subscribers paying $300 per year in late 2021, as critics question the ethics of hosting events with lobbyists  —  A Friday morning last fall, in the subterranean labyrinth of the Capitol building, on either side of thick double doors: a throng of reporters and the House Democratic Caucus.
Tarpley Hitt / Gawker:
New York Magazine ran a story on cancel culture in high school, but failed to disclose that the author used a tale from her child's school, contorting the piece  —  In the impoverished ecosystem of contemporary print media, New York magazine has styled itself as a venue for rigorous, often wry, and overtly left-leaning journalism.
Isabella Simonetti / New York Times:
Research: the rate of US newspaper closures, about two per week, did not change during the pandemic; 360+ US newspapers closed between late 2019 and May 2022  —  The same pace — about two closures per week — was occurring before the pandemic.  — Give this article- - - Read in app
Jim Waterson / The Guardian:
After the UK's National Union of Journalists rejected Reach's 3% pay rise, The Mirror, Daily Express, and hundreds of local newspapers face strike action  —  Reach, which also owns titles such as the Manchester Evening News and Liverpool Echo, has offered 3%
Jen Wieczner / New York Magazine:
An in-depth look at why some BuzzFeed stockholders were unable to sell their shares when the company went public, a situation securities lawyers say is unusual  —  Some ex-employees, it turns out, were able to trade while others could only watch the shares plummet.
Alex Sherman / CNBC:
Sources: a deal to spin off Starz from Lionsgate could be announced as soon as August 4, valuing Starz between $2B and $4B, more than Lionsgate's $2B+ valuation  —  Starz wasn't John Malone's most successful investment.  But it may be his most symbolic.  —  The media mogul once controlled Starz as an independent company.
Discussion: The Streamable and @sherman4949
Adlan Jackson / New York Times:
A look at YouTube “media critics”, who use humor to dissect the output of more popular YouTubers, discuss the absurdities of social media influencers, and more  —  One of the most popular genres of videos online is to comment on other videos online.  Are they comedians or media critics?
Discussion: @jeffjarvis
Max Goldbart / Deadline:
The BBC and ITV's BritBox International restructures as BBI North America, covering the US and Canada, and BBI International Markets, covering six countries  —  BritBox International, the streamer run by the BBC and ITV, has restructured, talked up U.S. growth and communicated its desire to avoid …
Discussion: The Streamable
Adèle Cordonnier / New York Times:
A look at HugoDécrypte and Gaspard G, two YouTubers whose newscasts are popular among young people in France who are increasingly shunning traditional media  —  YouTubers in the country are finding success by delivering political content to an audience that tends to shun traditional media.
 
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 More News: 
Alex Weprin / Hollywood Reporter:
Disney's board of directors unanimously decides to extend CEO Bob Chapek's contract by three years, beginning on July 1, 2022, and running into 2025
Jennifer Maas / Variety:
CAA closes its acquisition of talent agency ICM Partners following the DOJ's approval in a deal valued at $750M, reducing the Big Four agencies to the Big Three
 Earlier Picks: 
Tim Baysinger / Axios:
Omdia research: the US is expected to lose 16.9M pay TV subscribers between 2021 and 2027, while India loses 3.4M, Brazil 2.3M, Canada 2.2M, and Germany 2M
Ashley Carman / Bloomberg:
A24 signs a first-look deal to adapt audiobooks and podcasts from Pushkin Industries, Malcolm Gladwell's audio company, for films and TV
Newmark J-School:
CUNY's Newmark J-School names Graciela Mochkofsky, who launched its bilingual master's program in 2016, as dean starting on August 1, succeeding Sarah Bartlett
 

 
From Techmeme:

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

Shubham Sharma / VentureBeat:
DeepSeek unveils DeepSeek-V3, a mixture-of-experts model of 671B total parameters, with 37B activated per token, claiming it outperforms top open-source models

 
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