Top News:
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 …
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 …
Discussion:
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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.
Discussion:
USA Today, Deadline, @venkatananth, @carlquintanilla, The Information, @lucas_shaw, @digitalshields, @pkafka, @sarthakgh, @lucas_shaw, TIME, Financial Times, Los Angeles Times and Vox
Bloomberg:
AdImpact projects $9.7B in midterm campaign advertising; Sinclair: H1 political revenue was up 20% from 2020; Nexstar: Q2 political revenue up ~80% over Q2 2020 — Political ads are rolling in at a record pace at TV stations across the US, especially in states with tight races that may decide which party controls the Senate.
Discussion:
New York Times, @shanegoldmacher, Associated Press, @shanegoldmacher, @nicktagliaferro, @shanegoldmacher, @bpolitics, @jason_kint and TVSpy
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:
@robinwigg, Talking Biz News, @forsythjenn, @grahamdavida, @rebeccaballhaus, @davidgura, @silviakillings, @nymag, @jdawsey1, @nkingofdc and Fox News
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 …
Discussion:
@mattyglesias, @bendreyfuss, @bmorrissey, @jackmarshall, @annehelen, @bigmeaninternet, @mikeisaac and @annehelen
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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 — Or the creator economy, for that matter — When we started Substack in 2017, we told people that we made it simple to start a paid subscription publication.
Discussion:
@hondanhon, @joonian, @hunterwalk, @gustavoturnerx, @kendallbaker, @gruber, @adrierising, @niubi, @davidbauer, @hamishmckenzie, @maxnuss, @stevesi, @stevesi, @substackinc, @substackinc, @substackinc, @alex, @erikphoel, @bendreyfuss, @bendreyfuss, @marilynmaupin, @benconnelly6712, @fka_tabs, @shortformernie, @shortformernie, The Spain Report and Blue Coast Records Newsletter
Juliette Garside / The Guardian:
Two men charged with the car-bomb assassination of Maltese journalist Daphne Caruana Galizia plead guilty to murder on the first day of their trial — George and Alfred Degiorgio plead guilty to killing Maltese journalist in 2017 car-bomb assassination — Two brothers charged …
Discussion:
Reuters, Committee to Protect …, Politico, Al Jazeera and European Federation …
Sara Fischer / Axios:
Meta will end support for Instant Articles, source says in mid-April 2023, giving news publishers six months to readjust their Facebook strategies — Meta is ending support for Instant Articles, a proprietary mobile format it debuted in 2015 to quickly load news articles on the Facebook app, Axios has learned.
Discussion:
@scavendish, @nichcarlson, @sarafischer and The Verge, more at Techmeme »
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
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, Front Office Sports, @ranjanxroy, Financial Times, Wall Street Journal, Bloomberg, Business Wire, The Wrap, Los Angeles Times and Deadline
Ivan Mehta / TechCrunch:
For search results on mobile, Google is replacing the “Ad” label with “Sponsored” in bold and moving it above the site URL in a separate line — Over the years, Google has made it harder to separate ads from organic search results at a glance.
Discussion:
MediaPost, The Verge and The Keyword, more at Techmeme »
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