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Casey Newton / Platformer:
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why
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Bloomberg:
As advertisers struggle with Reels, Meta tries to ease them into the format, including, sources say, by encouraging them to test their video ads on TikTok first — Reels — the short videos that Facebook and Instagram are pushing — are getting more popular, parent company Meta Platforms Inc. says.
Discussion:
@sarahfrier, Gizmodo, Insider and The Verge, more at Techmeme »
Brian Welk / The Wrap:
The HFPA plans to sell the Golden Globes to CEO Todd Boehly's Eldridge Industries, which will create a company to manage the assets; the charities stay separate — The Hollywood Foreign Press Association has shed its non-profit status and agreed to sell the Golden Globes …
Discussion:
The Hot Button, @sharonwaxman, Deadline, Variety, @wearlbrown, @scottfeinberg, The Hollywood Reporter, HFPA, Los Angeles Times and IndieWire
Sarah Perez / TechCrunch:
YouTube rolls out a new tool that lets creators select up to 60 seconds of any video they posted and turn it into Shorts content, available on Android and iOS — YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok.
Discussion:
Mashable, 9to5Google, Newslit Daily, @killedbygoogle, Social Media Today, The Verge and Tubefilter, more at Techmeme »
Todd Spangler / Variety:
Roku misses with Q2 revenue up 18% YoY to $764M, vs. $805.2M est., 200M fewer streaming hours at 20.7B, and 1.8M active accounts added to 63.1M; stock down 25%+ — Roku fell short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.
Discussion:
Roku, Insider, The Wrap, Adweek, @xpangler, Digiday, @shortl2021, @data168, @xpangler, @dadehayes, @adweek, CNBC, Deadline, The Streamable and MediaPost, more at Techmeme »
Kate Aurthur / Variety:
Over 400 TV creators and showrunners demand that Netflix, Disney, WBD, NBCU, Apple, and others publish policies to protect employees in abortion-banning states — On Thursday morning, a collective of more than 400 television creators and showrunners sent a letter to top-level executives at Netflix …
Discussion:
@itslizhannah, @lenadunham, @meganeabbott, UPROXX, @adamconover, @brooke, @junkyardmessiah, @caissie, @melissahilfers, @atticalocke, @wendymolyneux, @lizalps, @susanmcp1, @kateaurthur, @stephanielaing, @jholtham, @janevandis, @henderson_joe, Too Much TV Newsletter, @cadlymack, @liztigelaar, @allcharisma, @alinebmckenna, @thelizfeldman, @brendengallager, IndieWire, UPI, Los Angeles Times, The Wrap, 9to5Mac, Rolling Stone, Deadline and Forbes
Amanda Seitz / Associated Press:
Twitter says it received 326 legal demands from governments globally on 349 accounts of verified journalists and news outlets in H2 2021, up 103% from H1 2021 — WASHINGTON (AP) — Twitter warned Thursday that governments around the globe are asking the company to remove content or snoop …
Discussion:
Axios, Adweek, The Hill, Twitter and 2nd Smartest Guy in the World
Patrick Brzeski / The Hollywood Reporter:
Sony Pictures reports Q1 revenue up 41% YoY to $2.64B and profit up 70% YoY to $394M, driven by TV series, licensing, home entertainment, and streaming services — Sony Corp. reported its latest financial results in Tokyo Friday, with revenue at the pictures division soaring 41 percent to $2.64 billion.
The Guardian:
Russia's media watchdog asks a court to cancel the media license of Novaya Gazeta's website for “not providing its editorial statute” within a timeframe — Russia's media watchdog demands registration be declared invalid as independent newspaper vows legal fight
Discussion:
Нов …, @nycjim, @aidanpwhite and @fabiochiusi
Nathan Grayson / Washington Post:
As inflation rises and a recession looms, some Twitch streamers in the US are losing promotional deals, forcing them to rely on meager earnings from the service — Listen — Gift Article — Khairi Harris, who goes by the handle “KDotDaGawd” on Twitch, is hanging onto his career as a full-time streamer by a thread.
Discussion:
@rachaelmyrow, @kp11studios, @vahn16, @cypheroftyr, @kyurieff, @launcherwp, @vahn16, @mikehumepost, @launcherwp and @vahn16
Kif Leswing / CNBC:
Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022 — - Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker.
Discussion:
MacRumors, @kifleswing, @charlesadler, @timkhiggins, @jyarow, Insider, UPI, 9to5Mac, Wall Street Journal, AppleInsider and Bloomberg, more at Techmeme »
Sara Fischer / Axios:
Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …
Discussion:
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