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
Discussion:
Variety, Axios, Financial Times, The Wrap, CNBC, Bloomberg, Deadline, @tvgrimreaper, The Hollywood Reporter, @cararlombardo, @loudmouthjulia and @jbflint
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 …
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.
Discussion:
@sarafischer, @yoda, @chillmage, @clarajeffery, @jonathan_h, @nichcarlson, @samfbiddle, @scavendish, @socialkimly, @reckless and The Verge, more at Techmeme »
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.
Discussion:
New York Times, @shanegoldmacher, @shanegoldmacher, @nicktagliaferro, @shanegoldmacher, @bpolitics, @jason_kint, Associated Press 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, @nymag, @nkingofdc, @silviakillings, @grahamdavida, @forsythjenn, @rebeccaballhaus, @davidgura, @jdawsey1, Fox News and Talking Biz News, more at Techmeme »
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
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
Discussion:
Simon Owens's Media Newsletter, @joonian, @hondanhon, A Ghost in the Post, @hunterwalk, @gustavoturnerx, @adrierising, @kendallbaker, @gruber, @niubi, @davidbauer, @hamishmckenzie, @maxnuss, @stevesi, @stevesi, @substackinc, @substackinc, @substackinc, @alex, @erikphoel, @bendreyfuss, @bendreyfuss, @marilynmaupin, @benconnelly6712, @fka_tabs, @shortformernie, @shortformernie, Blue Coast Records Newsletter and The Spain Report
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:
About Netflix, Overwrite Media, IndieWire, Axios, The Hollywood Reporter, Oscillations, Variety, Vanity Fair, The Drum, @alexjamesfitz, @emilunagames, @brianroemmele, MediaNama, Context Collapse, WORLD SCREEN, @loudmouthjulia, @brocktocks, @johnzaozirny, @alexweprin, @bitterstaff, @robshaw_bc, Broadband TV News, @matthewkeyslive, Vulture, The Guardian, Transistori, The Week, @cnbc, @jake_k, @mgsiegler, The Shortcut, @kelseymsutton, @artemr, @pettycommajared, @lilfilm, Digital gefesselt, @natjarv, @xpangler, @xpangler, @hoeglaw, @onejarednewman, Light Reading, CBR, Advanced Television, Tubefilter, The Desk, Next TV, Mumbrella, NPR, Quartz, MediaPost, Bloomberg, CNET, CNN, MacRumors, TVLine, Insider, 9to5Mac, CNBC, TechCrunch, New York Post, The Wrap, The Streamable, Ad Age, 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
Discussion:
USA Today, Deadline, @venkatananth, @carlquintanilla, @lucas_shaw, @digitalshields, @pkafka, The Information, @sarthakgh, @lucas_shaw, TIME, Financial Times, Los Angeles Times and Vox
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
Discussion:
Committee to Protect …, Reporters Without Borders, Politico, Al Jazeera, Reuters, @at_tgibson and European Federation …
Ivan Mehta / TechCrunch:
For mobile search result ads, Google is replacing “Ad” with “Sponsored” and moving the bolded label from beside the URL to above it in a separate line — Over the years, Google has made it harder to separate ads from organic search results at a glance.
Discussion:
The Verge, @lilyraynyc, @harrymccracken, The Keyword and MediaPost, more at Techmeme »
RELATED:
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, Cartoon Brew, Front Office Sports, @ranjanxroy, Financial Times, Wall Street Journal, Bloomberg, Business Wire, The Wrap, Los Angeles Times and Deadline
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