Mediagazer: A book excerpt details Netflix's shift from DVDs and tensions with HBO, which took a hard line on streaming rights, leading Netflix to make its own content (Bloomberg)

8:10 PM ET, October 28, 2022

Top News:

Mike Masnick / Techdirt:

Among tech companies, Twitter has been the biggest defender of online free speech, globally; fired head of legal and policy Vijaya Gadde drove much of that work — Last night, Elon Musk closed his on-again, off-again, on-again deal to buy Twitter, and his very first order of business was to fire a bunch of top executives.

Washington Post:

Elon Musk takes over Twitter and fires several top executives, including CEO Parag Agrawal, CFO Ned Segal, and legal policy, trust, and safety head Vijaya Gadde — Musk's $44 billion deal to acquire the social media company closed on Thursday night. — SAN FRANCISCO — Elon Musk became …

Discussion: @elonmusk, New York Times, CNBC, @nedsegal, @whey_standard, @thierrybreton, @jackalltogether, Axios, New York Times, TechCrunch, CNET, New York Times, The Daily Beast, The Guardian, @mattzeitlin, The Daily Wire, The Verge, Bloomberg, New York Post, Reuters, Media Matters for America, MediaPost, Wall Street Journal, Slate, SCREENSICK, CNN, Politico, Wall Street Journal, Fortune, Reason, The Hill, The Week, Vanity Fair, The Wrap, @lukewearechange, Protocol, Variety, The A.V. Club, @nigel_farage, Common Dreams, @_lokeshsharma, @mikegalsworthy, Wired, The Addition, @ariehkovler, @tedcruz, Jezebel, @mmasnick, Mediaite, @taylorlorenz, Adweek, The Post Millennial, The Rooster, Insider, New York Magazine, @dellcam, @mattzeitlin, @megbasham, @geoffreyvs, Gizmodo, Observer, @penamerica, @goldman, MacRumors, @jason_kint, @kaalateetham, @quinncy, @tinch, @megan, @danprimack, @karaswisher, @carnage4life, @nickbilton, @film_girl, @ericrweinstein, Al Jazeera, @jeffjarvis, @donwinslow, Broadband TV News, Bloomberg, The Hollywood Reporter, @clarajeffery, Variety, Associated Press, AppleInsider, Agence France-Presse, BuzzFeed News, CNN, The Hollywood Reporter, TechCrunch, The Desk and New York Post, more at Techmeme »

CNBC:

General Motors suspends its paid advertising on Twitter as the car company evaluates the “direction of the platform under their new ownership” — - General Motors is suspending its advertising on Twitter following Elon Musk's takeover of the social media platform.

Discussion: Insider, Ad Age, @tweetermeyer, @chiproytx, @mmasnick, @theepurity, @tomaxwell, The Daily Wire, The Post Millennial, The Verge, The Wrap and TechCrunch, more at Techmeme »

Alex Heath / The Verge:

CNBC and Bloomberg ran headlines saying Elon Musk cut Twitter staff, based on two people with boxes outside the company's office; one used a meme as his name — In videos circulating on Twitter Friday morning, two men carrying boxes are seen standing near the entrance to Twitter's San Francisco building …

Todd Spangler / Variety:

Elon Musk pens an open letter to calm Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape” — Mega-billionaire Elon Musk, nearing the finish line in his rocky takeover of Twitter …

Discussion: @elonmusk, Yahoo News, CNN, PRWeek, @sep, The Wrap, Observer, The Information, Wired, The Daily Wire, WISC-TV, @cwarzel, @daveyalba, Gizmodo, CoinDesk, CNBC, The Hill, Washington Post, NPR, New Republic, Associated Press, Techdirt, Billboard, KTLA, MediaPost, Today's Take, Axios, @maxwinebach, Fortune, Los Angeles Times, Press Gazette, New York Times, New York Post, The Verge, TechCrunch, Forbes, CBS News, Insider, Bloomberg, ZDNet, The Shortcut, @schmittnyc, @mzhemingway, @wajahatali, @greg_price11, @jayrosen_nyu, @bcappelbaum, @hayskali, @vprasadmdmph, @miblogestublog, @maxkennerly, The Week, @emilybell, The Post Millennial, Politico, CNET, @adriennelaf, @marklittlenews, @schwarz, @schwarz, @briannawu, @esqueer_, @adriennelaf, Pirate Wires, @justinhendrix, AdExchanger, @pkafka, @goldman, @cwarzel, Digiday, @donie, @ruthbenghiat, Music Ally, Vanity Fair, 9to5Mac, @theplumlinegs and @oneunderscore__, more at Techmeme »

Bloomberg:

A book excerpt details Netflix's shift from DVDs and tensions with HBO, which took a hard line on streaming rights, leading Netflix to make its own content — Jeffrey Bewkes scanned his mind, searching for the perfect war metaphor. — It was December 2010.

Discussion: @lucas_shaw

Ashley King / Digital Music News:

Music streaming service LiveOne and its subsidiary Slacker say a ruling ordering them to pay SoundExchange nearly $10M in royalties could bankrupt the company — Is Slacker headed for bankruptcy? The company says SoundExchange's $10 million judgment could destroy them.

Discussion: Billboard

Erik Wemple / Washington Post:

A reassessment of The New York Times' apology and James Bennet's firing after Sen. Tom Cotton's op-ed: Bennet was right and Publisher A.G. Sulzberger was wrong — Controversy over an op-ed by Sen. Tom Cotton (R-Ark.) consumed the New York Times in June 2020 and claimed the job of then-editorial page editor James Bennet.

Benjamin Mullin / New York Times:

In an email to staff, Chris Licht said CNN will stop buying documentary films and original TV series, and instead explore creating a long-form content studio — Acquired and commissioned documentary movies and TV shows like ‘Navalny’ and ‘Stanley Tucci: Searching for Italy’ are going away.

Discussion: Variety, Puck, @maxkennerly, @isobelyeung, @jamesjonesfilm, Los Angeles Times, @will_doran, IndieWire, The Wrap, @thor_benson, @scottfeinberg, @fawfulfan, @elwasson, @jbflint and The Hollywood Reporter

Pjotr Sauer / The Guardian:

Lithuania intelligence sources: Russian journalist Ksenia Sobchak, the daughter of Putin's mentor, fled to Lithuania after Moscow police raided one of her homes — Ksenia Sobchak, media personality and daughter of Vladimir Putin's one-time boss, was subject of arrest order

Discussion: Grid News, Washington Post and Insider

Daniel Finn / The Wire:

Q&A with Tom Mills, the author of The BBC: Myth of a Public Service, on the BBC's start in 1922, government relationships, rethinking the license fee, and more — No broadcaster in the world today can rival the cultural prestige of the UK's British Broadcasting Corporation (BBC).

Martin Pengelly / The Guardian:

Over 500 authors, publishers, and others in the US literary community sign an open letter to Penguin Random House protesting Amy Coney Barrett's $2M book deal — More than 250 literary figures rail against acquisition by Penguin Random House of book by conservative US supreme court justice

Discussion: Fox News, @josephoneillx, @heckelfonic, @nicoperrino, @samthielman, The Wrap, @joshbbornstein, @katzonearth, @nicoperrino, @nicoperrino, @samthielman, @senwhitehouse, @penamerica, @thefireorg, @xor, @nmamatas, Mediaite and The Post Millennial

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Discussion: Crain's New York Business, @alexeheath and @financialtimes, more at Techmeme »

Ashley Carman / Bloomberg:
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Kaya Yurieff / The Information:
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David Gutman / The Seattle Times:
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Kif Leswing / CNBC:
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Earlier Picks:

Annie Palmer / CNBC:
Amazon reports Q3 advertising services revenue grew 25% YoY to $9.55B vs. $9.48B est., and subscription services revenue grew 9% YoY to $8.9B

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The Verge:
Spotify updates its iOS app to remove audiobook purchasing instructions, replaced with a message saying “it's not ideal”, to comply with Apple's App Store rules

Discussion: Insider, @chrismessina, @marcoarment, @jake_k and @caseynewton

Agence France-Presse:
AFP and Twitter partner to elevate credible information in Spanish in Latin America, Spain, and the US, a month after announcing a deal for Portuguese in Brazil

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From Techmeme:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

Raffaele Huang / Wall Street Journal:
Apple removes WhatsApp and Threads from its App Store in China, saying it was ordered to do so by China's cyberspace officials citing national security concerns

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that creates a realistic talking face video from a portrait photo and an audio file, in research preview

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