Top News:
Donie O'Sullivan / CNN:
Meta reminds Facebook fact-checking partners that “political speech is ineligible for fact-checking”, ahead of Trump's announcement of a 2024 run for president — Facebook's fact-checkers will need to stop fact-checking former President Donald Trump if he announces that he is running …
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@donie, @donmoyn, @emilybell, @devindra, @ashtonpittman, @crewcrew, @jonathanlack, @jilliancyork, @fbajak, @donie, @normornstein, Mediaite, @donie, @violetblue, @mattnegrin, @jason_kint, @fmanjoo, @grahamstarr, @sifill_, @themocollins, @reichlinmelnick, The Wrap, @dangillmor, @edbott, @donie, @qjurecic and @tseymat
Oliver Darcy / CNN:
Sources: tech news website Protocol, launched by former Politico owner Robert Allbritton in February 2020, will close later this week and lay off its ~60 staff — New York CNN Business — Protocol, the upstart technology news website launched by former Politico owner …
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@oliverdarcy, @issielapowsky, @nickstatt, Axios, @caitlinwolper, @bombur, @tonyromm, @markyarm, @passantino, @fmanjoo, @ballmatthew, @sarahroach_, @jbenton, @thedextriarchy, @taylorlorenz, @dgoodison, @scottnover, @maxwelltani, @aricohn, @laura_adamczyk, @tcarmody, @kcoxdc, @jank0, @birnbaum_e, @film_girl, @patbits, @patrickmcgee_, @sheila_dang, @dannyjpalmer, @benbrodydc, @keithchu, @ashleymayer, @edzitron, @pierce, @mmasnick, @jake_k, @gaberivera, @karlbode, @ebonybowden, @himichellema, @bendreyfuss, @rmac18, @anna_c_kramer, @tcarmody, @jtemple, @zeyiyang, @jamesliamcook, @blkahn, @emilydreyfuss, @donie, @viacristiano, @senatorshoshana, @tcarmody, @karlbode, @jasonhowell, Observer, The Information and New York Post, more at Techmeme »
Ray Schultz / MediaPost:
US survey: 53% of digital publication subscribers aged 18 to 64 canceled at least one subscription in H1 2022 and 29% plan to reduce subscriptions by year's end — Readers are pruning the number of digital publications they subscribe to, according to a new study by Toolkits and National Research Group.
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Manori Ravindran / Variety:
A Writers' Guild of Great Britain survey finds 55% of 250+ writers say that rising energy and food costs are impacting their ability to sustain a writing career — The Writers' Guild of Great Britain has warned that its members are set to face the sharp edges of the U.K.'s cost-of-living crisis this winter …
Discussion:
The Bookseller
Alex Sherman / CNBC:
WBD CEO David Zaslav says the ad market is weaker than in 2020 and that HBO went from making $2B+ in 2019 to losing ~$3B in 2021 as content spending surged — - Warner Bros. Discovery CEO David Zaslav spoke Tuesday at RBC's 2022 Global TIMT Conference in New York.
Discussion:
The Hollywood Reporter, @jbflint, Insider, MediaPost, @jbflint, @jbflint, @pwthornton, @sherman4949, Front Office Sports, Gizmodo, SlashFilm, Deadline, The Playlist, The Wrap and Variety
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Jeff Kotuby / The Streamable:
WBD CEO David Zaslav says the company will be “very disciplined” when its NBA contract expires after the 2024-2025 season: “We don't have to have the NBA” — In less than one year as CEO of Warner Bros. Discovery, David Zaslav has made some “interesting” comments …
Claire Woodcock / VICE:
Some public libraries in the US and Canada are using open-source software MUSICat to offer their own music streaming services and boost their local music scenes — It's not Spotify, but some cities now host music platforms with their own local flavor. — Claire Woodcock
Discussion:
@tedgioia, @dennistclark, @motherboard, @janusrose, @juniortidal, @clurrese and @carnegielibrary, more at Techmeme »
Mike Masnick / Techdirt:
Techdirt no longer plans to embed tweets due to Twitter's “erratic and unpredictable situation”, instead using screenshots, the tweet text, or a description — I sent this notice around internally here at Techdirt, but figured it might be useful to state this publicly.
Discussion:
@mmasnick, @dangillmor, @cathygellis, @gabrielsnyder, @gabrielsnyder and Mike's List
Zoe Samios / Sydney Morning Herald:
The Australian EIC Chris Dore is stepping down after four years to deal with a health issue and undergo surgery; the newspaper will be edited by Michelle Gunn — Normal text sizeLarger text sizeVery large text size — The editor-in-chief of News Corp's national masthead The Australian …
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The Guardian
Axios:
Sources: the consortium in exclusive talks to buy Forbes Media includes investment firms GSV Ventures and SUN Group, and the deal would value Forbes at ~$800M — After a chaotic path ended in a failed SPAC IPO earlier this year, Forbes Media is now in exclusive talks to sell to a consortium …
Discussion:
Observer and Talking Biz News
Financial Times:
YouTube introduces Shorts shopping features, letting users buy products while scrolling through videos, diversifying its revenue streams during a weak ad market — World's biggest online videos platform seeks new forms of revenue — YouTube is ramping up its push into ecommerce …
Discussion:
TechCrunch, @mattnavarra, PRWeek, The Verge, City A.M. and CNET
Dominic Ponsford / Press Gazette:
The editor of the UK's Tortoise says podcasting is profitable for the slow news publisher and the “bedrock of everything we do”, despite huge investment costs — The editor of Tortoise Studios, Ceri Thomas, has told Press Gazette how podcasts went from an experiment …
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@adamrutherford
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