Top News:
Charles Pulliam-Moore / The Verge:
Netflix says Basic with Ads will cost $6.99/month in the US and debut on November 3 in 12 countries, offering most titles, at up to 720p, and without downloads — Starting in November, Netflix will finally roll out its new ad-supported tier for just a few bucks a month …
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About Netflix, The Hollywood Reporter, MediaNama, Variety, Vanity Fair, Integral Ad Science, Axios, WORLD SCREEN, Vulture, The Drum, @jake_k, Light Reading, @onejarednewman, @cnbc, Tubefilter, Advanced Television, Broadband TV News, The Desk, @alexweprin, @xpangler, @brocktocks, CBR, The Week, @xpangler, @kelseymsutton, @artemr, @pettycommajared, The Shortcut, The Guardian, @matthewkeyslive, @mgsiegler, @johnzaozirny, @bitterstaff, @natjarv, Next TV, @lilfilm, @robshaw_bc, @hoeglaw, Mumbrella, Transistori, NPR, Quartz, MediaPost, Bloomberg, CNET, CNN, MacRumors, IndieWire, TVLine, Insider, 9to5Mac, CNBC, TechCrunch, New York Post, The Wrap, The Streamable, Ad Age, Digital gefesselt, Forbes and CBS News, more at Techmeme »
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Lucas Shaw / Bloomberg:
How Netflix plans to fight slowing growth, including quickly building an ad tier; Netflix accounts for ~8% of all US TV viewership, the most of any network — Around noon on Wednesday, March 16, hundreds of Netflix Inc. employees gathered on the second floor of the Anaheim Hilton Hotel expecting to hear good news.
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USA Today, Deadline, @venkatananth, The Information, @lucas_shaw, @carlquintanilla, @digitalshields, @pkafka, TIME, @sarthakgh, @lucas_shaw, Financial Times, Los Angeles Times and Vox, more at Techmeme »
Bloomberg:
Turkey passes a “disinformation” law ahead of its 2023 elections, mandating one to three years in jail for sharing online content deemed as “false information” — Turkey criminalized the spread of what authorities describe as false information on digital platforms …
Discussion:
The Guardian, Reuters, Financial Times, European Federation … and Balkan Insight, more at Techmeme »
Max Read / Read Max:
Ex-Gawker EIC Max Read reviews his Substack newsletter after a year with no Twitter presence: 13,185 subscribers, 926 paying, and a $50K annualized revenue — Greetings from Read Max HQ! Next week, this newsletter turns one year old. For the sake of commemorating the milestone …
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@mattyglesias, @annehelen, @jackmarshall, @bigmeaninternet, @bendreyfuss, @mikeisaac, @annehelen and @bmorrissey
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Hamish McKenzie / On Substack:
Instead of other newsletter platforms, Substack should be compared to services giving creators direct relationships with fans, like Shopify, Twitch, and Patreon
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@niubi, @alex, @shortformernie, @stevesi, @joonian, @bendreyfuss, @bendreyfuss, @hunterwalk, @davidbauer, @fka_tabs, @gustavoturnerx, @marilynmaupin, @benconnelly6712, @hamishmckenzie, @substackinc, @erikphoel, @substackinc, @kendallbaker, @gruber, @stevesi, @maxnuss, @shortformernie, @adrierising, @substackinc, Blue Coast Records Newsletter and Darrel Currently
David Bauder / Associated Press:
NBC reporter Dasha Burns draws criticism for saying Pennsylvania Senate candidate John Fetterman was bad at small talk when his closed-captioning device was off — An NBC News correspondent who interviewed Pennsylvania Senate candidate John Fetterman says an on-air remark …
Discussion:
Washington Post, New York Times, @joshkraushaar, @dashaburns, @karaswisher, New York Magazine, Vanity Fair, @nbcnightlynews, NBC News, TIME, BuzzFeed News, CNN, @dashaburns, @hontonycoelho, @ajentleson, @maxkennerly, @kciesemier, @jayrosen_nyu, @llamasnbc, @theplumlinegs, Fox News, @tomandlorenzo, @mayawiley, @blackamazon, @justinbaragona, Rolling Stone, @brianbeutler, @jrubinblogger, @slooterman, @jeffjarvis, @hollyotterbein, @washingtonpost, @mattortega, @jsprenk, @grimkim, @emylewatkins, @therecount, @justinbaragona, @ashtonpittman, @merica, @kendallybrown, @holmesjosh, @mannyfidel, @karenkho, New York Post, Media Matters for America, @vabvox, @dashaburns, @paulrrigney, @louise_p_king, @connieschultz, @briantylercohen, @brianros1, @ajentleson, @ajentleson, Discourse Blog, The Hill, Poynter, The Dispatch, The Philadelphia Inquirer, NBC News, The Wrap, The Wrap, The Daily Beast, CBS News, HuffPost, Breitbart, Adweek, Mediaite, UPROXX and The Guardian
Dan Primack / Axios:
Skydance Media, the studio behind the Mission Impossible, Jack Reacher, and Terminator films, raised $400M led by KKR at a $4B+ valuation — Skydance Media, the Hollywood studio behind “Top Gun: Maverick,” on Thursday announced that it raised $400 million in new funding at a valuation north of $4 billion.
Discussion:
Variety, @ranjanxroy, Financial Times, Wall Street Journal, Bloomberg, Business Wire, The Wrap, Los Angeles Times and Deadline
Jen Wieczner / New York Magazine:
A profile of WSJ's chief economics correspondent Nick Timiraos, who has become a kind of economic indicator in his own right as he covers the US Federal Reserve — Or, at least, that is Nick Timiraos's reputation on Wall Street and in Washington. — When financial reporters enter …
Discussion:
@forsythjenn, @grahamdavida, @rebeccaballhaus, @davidgura, @silviakillings, @nymag, @jdawsey1 and Fox News
Public Interest Journalism Initiative:
Australian News Data Report: at least 11 Australian outlets have closed since July 2022, implicitly or explicitly citing increases in the cost of printing — Australia's news sector has experienced the third largest market contraction within a single quarter since the beginning of the COVID-19 pandemic …
Discussion:
@zdaniel, @ckrewson, @corinne_podger and @jeffjarvis
Dade Hayes / Deadline:
TikTok announces Showtimes, an ad format that lets movie studios post full trailers as well as direct users to local theater information and ticketing partners — TikTok is kicking off its annual product event with a set of announcements, including a feature aimed at studio movie marketers called Showtimes on TikTok.
Discussion:
Axios, TikTok, Middlebrow Musings, The Information, Inside Radio, The Verge, Tubefilter, Variety, Fortune, MediaPost, Music Ally, Ad Age, Complete Music Update, Insider, Music Business Worldwide and New York Post
Terrence McCoy / Washington Post:
How negligence by Bolsonaro's government may have enabled the murder of UK journalist Dom Phillips in Brazil, including by letting poachers thrive in the Amazon — My friend Dom Phillips and activist Bruno Pereira were shot dead in the Amazon. I traveled deep into the forest to find out why.
Discussion:
@dicaduran, @vanessahlarson, @_cesar_munoz, @angelaislost and @marybsheridan
Matthew Keys / The Desk:
AMC Networks expands AMC+ to Spain, South Korea, and India, and says the company has nearly 11M global paying customers, on track to hit 20M to 25M by 2025 — AMC Networks has rolled out localized versions of its subscription streaming service AMC Plus to a handful of countries in Europe and Asia …
Discussion:
Digital TV Europe, Thanks:@matthewkeyslive
Todd Spangler / Variety:
MoffettNathanson: Netflix released a record 1,026 original TV episodes in Q3 2022, compared to Prime Video's 223, Hulu's 194, Disney+'s 140, and WBD's 114 — Netflix has taken peak TV to a new peak. — In a data point sure to fuel more quantity-versus-quality debate …
Discussion:
@tvanswerman, @thetranscript_, @thetranscript_, Forbes and @gte
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