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8:30 AM ET, October 15, 2022

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Rupert Murdoch is exploring recombining Fox Corp and News Corp, after splitting them up in 2013, and the companies are evaluating financial terms  —  Move would bring assets such as Fox News and The Wall Street Journal back under one roof, nearly a decade after they split
Sara Fischer / Axios:
Meta plans to end support for Instant Articles, a 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.
Skye Pillsbury / The Squeeze:
Interviews with five current and former Gimlet employees chronicle the podcast unit's slow demise in Spotify's hands: “what we feared...is actually playing out”  —  Plus: *That Session* at Hot Pod Summit and MPR's Scummy Lawyer  —  Dr. Ayana Elizabeth Johnson 🐙 @ayanaeliza
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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 …
RELATED:
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
Bloomberg:
AdImpact expects $9.7B in US midterms campaign ads; Sinclair: H1 political revenue was up 20%+ over 2020; Nexstar: Q2 political revenue was 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.
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 …
Alex Marshall / New York Times:
A profile of Jacques Testard, the founder of the UK's Fitzcarraldo Editions; since the imprint's founding in 2014, three of its authors received the Nobel Prize  —  Fitzcarraldo Editions is not yet 10 years old and has only six full-time staff members.  Since its founding …
Juliette Garside / The Guardian:
Two men charged with the car-bomb assassination of Maltese journalist Daphne Caruana Galizia plead guilty to murder on their trial's first day and get 40 years  —  George and Alfred Degiorgio both given 40-year sentences for killing of Maltese journalist in 2017 car bombing
Sui-Lee Wee / New York Times:
A profile of the literary magazine Oway, among Myanmar's last independent media outlets, as the country is on track to be the world's top jailer of reporters  —  The Southeast Asian nation has seen a relentless crackdown on free expression, with a small literary magazine emerging as one of the few remaining independent media outlets.
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 …
RELATED:
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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 More News: 
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
 Earlier Picks: 
North Carolina Local News Lab Fund:
The North Carolina Local News Lab Fund announces a $1.05M gift from the Kate B. Reynolds Charitable Trust; most of the funds will go to general operating grants
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
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