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12:15 PM ET, September 1, 2022

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Disney explores a membership program akin to Amazon Prime, bundling streaming, theme parks, and merchandise, and adding a commerce feature to Disney+  —  Entertainment giant looks to package streaming, parks and merchandise offerings together; aims to add commerce feature to Disney+
Jem Aswad / Variety:
US music publishers settle on 15.35% for mechanical streaming rates in 2023-2027, avoiding costly legal fights with Amazon, Apple, Google, Pandora, and Spotify  —  The announcement comes as a surprise, as the NMPA has been saying for months that it would push for a 20% rate for the forthcoming period.
David Bauder / Associated Press:
Media Insight Project's May-June 2022 survey: ~71% of younger Americans get news daily from social media and 32% enjoy following the news, down from 53% in 2015  —  Young people are following the news but aren't too happy with what they're seeing.  Broadly speaking, that's the conclusion …
Angela Fu / Poynter:
Sources: in a staff Q&A, CEO Mike Reed said Gannett laid off 3% of its US workforce in August 2022, or ~400 people; he and the CFO defended Reed's compensation  —  The round of layoffs, which started Aug. 12, followed a dismal second quarter.  —  Gannett CEO Mike Reed told staff …
Suzanne Vranica / Wall Street Journal:
Sources: Netflix seeks to charge brands a ~$65 CPM on its ad-supported tier, more than most other streaming services, and cap every brand's annual spend at $20M  —  Streaming giant aims for Nov. 1 launch of ad-supported tier, ad buyers say  —  Netflix Inc. NFLX 1.32%▲ …
Jonathan Spicer / Reuters:
An investigation details extensive efforts by Erdoğan's regime in Turkey to shape the nation's news, dictated by the 1,500-strong Directorate of Communications  —  From an office tower in Ankara, Turkish officials shape the nation's news, media insiders say - always to President Tayyip Erdogan's advantage.
Mike Masnick / Techdirt:
The Journalism Competition and Preservation Act is a dangerous link tax bill and a bizarre attempt to circumvent antitrust, copyright, and common carrier laws  —  Look, I'm a small journalism outfit.  A very small one.  So, in theory, a law that effectively lets me demand free cash from Google …
Reuters:
India's antitrust watchdog says Sony and Zee's merger requires further investigation; sources say the findings will delay regulatory approval of the deal  —  A merger between the Indian unit of Japan's Sony (6758.T) and Zee Entertainment (ZEE.NS) to create a $10 billion TV enterprise …
Sarah Perez / TechCrunch:
Reddit acquires contextual advertising company Spiketrap to improve its ad quality scoring and boost prediction models for auto-bidding  —  Reddit's acquisition spree is continuing this morning with news that the company is bringing the audience contextualization company Spiketrap's technology in-house.
ProPublica:
An investigation details an Instagram verification scheme using fake profiles on Spotify, Apple Music, Deezer, and more; Meta removes badges from 300+ accounts  —  ProPublica is a nonprofit newsroom that investigates abuses of power.  Sign up to receive our biggest stories as soon as they're published.
 
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 More News: 
Brian Krebs / Krebs on Security:
Brian Krebs apologizes to IoT manufacturer Ubiquiti after posting now-removed articles on a “breach” based on a “sole source” currently under federal indictment
Casey Newton / Nieman Lab:
An interview with Medium CEO Tony Stubblebine: writers with subscribers should be paid more and thinking “Medium was going to shine” in journalism was a mistake
Dade Hayes / Deadline:
Paramount+ plans to combine with Showtime into a single app for $11.99/month with ads and $14.99/month without; stand-alone Showtime will cost $10.99/month
 Earlier Picks: 
Bron Maher / Press Gazette:
Just 18 months after launching The National Wales, Newsquest shutters it, citing “competition from free news outlets” and falling subscriptions due to inflation
Ivan Mehta / TechCrunch:
Live Nation's Ticketmaster partners with Dapper Labs to issue ticket NFTs on the Flow blockchain and expands its NFL deal to give NFTs to attendees of 100 games
Alex Heath / The Verge:
Memo: on top of cutting ~20% of its staff, Snap cancels its original shows, in-app games, and Zenly and Voisey apps; the layoffs could save $500M annually