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5:40 PM ET, September 14, 2022

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 Top News: 
Jessica Toonkel / Wall Street Journal:
Sources: Paramount considers shutting down its Showtime streaming service in the US and moving its content to Paramount+, matching some international markets  —  Move would bring together two of entertainment company's offerings in a crowded sector  —  Netflix Hit a Subscriber Peak, Here's How It Plans to Keep Growing
Wall Street Journal:
Memo: Netflix has told ad buyers it expects its ad-supported tier to reach 4.4M unique viewers globally at year's end, and 40M+ by Q3 2023, with 13.3M in the US  —  Streaming giant shared projections for ‘unique viewers’ across a dozen launch markets with ad buyers
J. Clara Chan / The Hollywood Reporter:
NYT Cooking plans to sell $95 at-home cooking kits curated by guest chefs on The New York Times store, to grow revenue and boost readership for the recipe site  —  The kits offer a new avenue to increase revenue and readership for the paper's subscription cooking site.
Axios:
An analysis of 82 major US publishers: their largest collective following is on Twitter, followed by Facebook, Instagram, YouTube, LinkedIn, and TikTok  —  Twitter is still the place where media publishers collectively have the largest audiences, followed by Facebook and Instagram …
John D. McKinnon / Wall Street Journal:
Some opponents of the Journalism Competition and Preservation Act predict the bill won't become law in 2022 due to partisan differences about content moderation  —  Sen. Ted Cruz's amendment barring content-moderation prompts partisan bickering over bipartisan bill
Discussion: @benpershing and @alexbruell
Ben Smith / @semaforben:
In a memo, Semafor announces 19 founding editorial members and new hires  —  Thrilled about the team we're building @semafor, and just sent this out. Sign up https://www.semafor.com/ to be part of the launch. https://twitter.com/...
Sarah John / Teen Vogue:
Q&A with Jack Corbett, who produces TikToks for NPR's Planet Money, on explaining complex and weird economics topics via a platform first known for dance videos  —  Corbett, 25, is a producer on NPR's Planet Money and a TikTok wunderkind.  —  Jack Corbett has been a producer …
BBC:
A Belfast judge jails a man for seven years after he admitted to possessing the gun that police believe was used to kill journalist Lyra McKee in April 2019  —  A man has been jailed for seven years for possessing the gun that police believe was used to kill the journalist Lyra McKee.
Kif Leswing / CNBC:
In an email to developers, Apple says that new App Store ad placements will be available for the 2022 holiday season  —  - Apple is planning to release new ad “placements” as soon as the holiday season.  — The new ad units represent a significant expansion in Apple's advertising inventory, which is focused on its App Store.
 
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 More News: 
Adi Robertson / The Verge:
California Governor Gavin Newsom signs AB 587 into law, requiring social networks to share moderation rules, despite concerns it may violate the First Amendment
Financial Times:
How Wall Street spent billions buying music rights, turning songs into a new asset class; Midia: music catalog deals hit $5.3B in 2021, up from $1.9B in 2020
Rick Porter / The Hollywood Reporter:
Nielsen ratings for the Emmys fell to a record low, with 5.92M viewers in 2022 compared to 7.83M in 2021; Monday Night Football's debut drew 19.84M, up 17% YoY
Isabel Debre / Associated Press:
Sources detail how publisher IMI closed Dubai's Al Roeya newspaper after it covered high UAE gas prices; IMI says Al Roeya is just changing into a business site
Amanda Silberling / TechCrunch:
Patreon lays off 80 employees, or about 17% of its staff, closes its Dublin and Berlin offices, and plans to consolidate its engineering teams in the US
Foo Yun Chee / Reuters:
The European Commission plans to introduce the Media Freedom Act, starting a lengthy process to tighten rules on media groups seeking to acquire smaller rivals
 Earlier Picks: 
Alexandra Bruell / Wall Street Journal:
About 215 members of NBC News' digital newsroom union, part of the NewsGuild of New York, vowed to work from home this week rather than return to the office
Adi Robertson / The Verge:
Twitter says that a preliminary count shows that shareholders have voted to approve Elon Musk's proposed $44B buyout
Sara Fischer / Axios:
Bloomberg ramps up its coverage plans ahead of the US midterms with a new podcast, annual summit, ticketed policy debate series, weekly politics show, and more
Jem Aswad / Variety:
YouTube paid $6B+ to the music industry from July 2021 to June 2022, up $2B YoY, and says user generated content drove 30%+ of payouts for a second year running