Top News:
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, The Verge, Wired, The Information and Gizmodo
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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
Discussion:
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Alice Markham-Cantor / Curbed:
A Manhattan trip reveals the dwindling availability of The New York Times in print: newsstands don't always stock it, and those that do have few copies to sell — It used to be a mark of Manhattan sophistication that you'd read the Sunday New York Times on Saturday night.
Discussion:
@alicemdashc, @alicemdashc, @alicemdashc, @andrewrestuccia, @trbrtc, @elainelow, @alicemdashc, @aaron_renn, @marcatracy and @freedlander
Merlyn Thomas / BBC:
UK weather forecasters say they faced unprecedented levels of abusive tweets and emails during the heat wave, especially when stories referenced climate change — Weather forecasters faced unprecedented levels of trolling during this month's extreme heat in the UK, according to leading figures in the industry.
Discussion:
@drvolts, @festa_bianchet, @jenbartram, @met4castuk, @lvzwestcott, @jenbartram, @jenbartram, @nycjim, @jenbartram and @jenbartram
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:
Variety, The Hot Button, SlashFilm, @phil_rosenthal, @blowryontv, @sharonwaxman, @wearlbrown, @scottfeinberg, Deadline, The Hollywood Reporter, HFPA, Los Angeles Times and IndieWire
Amanda Seitz / Associated Press:
Twitter says it fielded 326 legal demands from governments globally about 349 accounts of verified journalists and news outlets in H2 2021, up 103% over H1 2021 — WASHINGTON (AP) — Twitter warned Thursday that governments around the globe are asking the company to remove content or snoop …
Discussion:
Twitter, Axios, Reclaim The Net, The Hill, Adweek and 2nd Smartest Guy in the World, more at Techmeme »
Manori Ravindran / Variety:
Paramount Global names Pamela Kaufman as its president and CEO of international markets, replacing Raffaele Annecchino, who is exiting after being put on leave — Paramount Global has appointed a new leader for its international business, naming Pamela Kaufman as its president and CEO …
Discussion:
The Hollywood Reporter, @pam_kaufman12, @stephmcmahon, Media Play News, WORLD SCREEN and Next TV
New York Times:
Sources: Greek broadcaster Antenna Group is exploring an acquisition of Vice Media; Antenna helped Vice launch Vice World News in 2020 — Vice Media, which is exploring a sale of its business, has a longstanding relationship with the Greek broadcaster. — Give this article- - - Read in app
Paul Farhi / Washington Post:
A deep look at a reporter's claim that LA Times editors tried to kill his USC dean story; three editors say delays were to meet legal and journalistic standards — Listen — Gift Article — In reporter Paul Pringle's vivid retelling, his blockbuster exposé of a campus scandal …
Discussion:
Los Angeles Magazine, Media Nation, New York Times, @elaheizadi, @gabekahn, @yeseniaamaro and @loebvernon
Alexandra Turner / Press Gazette:
Advertising Association and WARC: UK ad spend rose 28.3% YoY to £8.6B in Q1 2022, and grew 15.9% YoY at UK news brands in Q1 2022, versus 16.6% YoY in Q4 2021 — UK ad spend hit a record high in the first quarter of this year but growth is expected to slow this year …
Discussion:
@pressgazette and @pressgazette
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 Crunchyroll — 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:
Roskomnadzor asks a court to cancel Novaya Gazeta's website media license for “not providing its editorial statute within the timeframe established by the law” — Russia's media watchdog demands registration be declared invalid as independent newspaper vows legal fight
Discussion:
@mazmhussain, @nycjim, @aidanpwhite, @fabiochiusi and Нов …
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