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11:10 AM ET, June 24, 2023

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 Top News: 
Lisa Laman / Collider:
WBD CEO David Zaslav's gutting of staff at Turner Classic Movies, while he adopts a movie mogul's persona, is one of his most wicked and devastating maneuvers  —  The staff behind Turner Classic Movies has been gutted, which will have enormous consequences for cinema as an art form.
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The Hollywood Reporter:
Sources: Turner Classic Movies will now be overseen by Warner Bros. Pictures CEOs Michael De Luca and Pamela Abdy; WBD will not consider selling the channel  —  Putting the filmmaker friendly executives in charge is meant to reassure the film community, which has expressed concern after the exit of TCM boss Pola Changnon.
Jem Aswad / Variety:
Sources: Warner Bros. Discovery is negotiating to sell around half of Warner studio's film and TV music-publishing assets for ~$500M, likely to a major label
Benjamin Mullin / New York Times:
IAC Chairman Barry Diller says The Daily Beast is not for sale; he had been in talks with Ankler Media but has withdrawn from them  —  Mr. Diller said he had considered combining The Daily Beast with Ankler Media, a start-up co-founded by Janice Min, a longtime magazine editor.
Nico Grant / New York Times:
NetBlocks: at least five Russian telcos block Google News and several other ISPs are reducing access, as Russia's feud with a mercenary leader intensifies  —  At least five telecommunications companies have blocked the service, which aggregates news from various sources, according to an analysis from NetBlocks, an internet observatory.
Adam B. Vary / Variety:
With a potential SAG-AFTRA strike looming, Marvel, Netflix, Sony Pictures, and other studios plan to skip panels at San Diego's Comic-Con, which starts July 19  —  For two years, the biggest annual fan convention in North America was forced to cancel the five-day gathering due to the COVID-19 pandemic …
Jay Peters / The Verge:
Google adds a Perspectives tab to search results, featuring info from individuals posted on YouTube, Reddit, Stack Overflow, and more, after its May 2023 reveal  —  Google's new search feature that shows you different perspectives (ideally, human ones) in search results will be available on Friday, the company said on Twitter.
Marvie Basilan / International Business Times:
Report: layoffs hit Altice USA-owned Cheddar News on June 22, affecting around a dozen people; in April, around six staffers for Cheddar's YouTube team were cut  —  KEY POINTS  —  News network Cheddar News reportedly slashed several jobs Thursday, including numerous producers and two longtime anchors.
Gene Maddaus / Variety:
DGA members vote to ratify their new contract, with 87% voting in favor; the contract includes a 76% increase in foreign streaming residuals  —  Members of the Directors Guild of America have voted to ratify their new contract, bringing the industry one step closer to achieving labor peace.
Lisa O'Carroll / The Guardian:
Media experts condemn the latest draft of the European Media Freedom Act that would let national security agencies place spyware on journalists' phones  —  Move to allow spyware to be placed on reporters' phones would have a ‘chilling effect’, say media experts
New York Times:
A look at Broadcaster U., a two-day NBA players' camp, where current and former players learn to host a show or podcast, provide color commentary, and more  —  A two-day camp trains current and former basketball players in the lucrative art of broadcasting, podcasting and throwing verbal bombs on camera.
Jay Peters / The Verge:
YouTube is testing Aloud, an AI-powered dubbing tool developed by Google's Area 120, with “hundreds” of creators, starting with English, Spanish, and Portuguese  —  YouTube wants to make it easier to dub your videos in other languages by giving you some help with AI.
 
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 More News: 
Dietrich Knauth / Reuters:
Bloomberg, Dow Jones, NYT, and FT appeal a ruling that allows FTX to keep customer names secret, arguing it can't get a “sweeping exception” to disclosure norms
Matthew Keys / The Desk:
Lithuania's telecoms regulator starts blocking IP addresses tied to Russian TV channels including RT, effectively blocking streaming of banned Russian channels
Elizabeth Djinis / Poynter:
Survey of 500+ local journalists in the US: ~72% reported experiencing personal burnout, 70% reported work-related burnout, and 72% considered leaving their job
RTÉ:
Ireland's RTÉ suspends its Director General Dee Forbes after revelations that a presenter was paid €345,000 above his annual published salary for several years
 Earlier Picks: 
Paul Sawers / TechCrunch:
French data protection watchdog CNIL fines Paris-based adtech company Criteo €40M for breaching GDPR by failing to obtain users' consent for targeted ads
Rashi Shrivastava / Forbes:
NYC-based Captions, an AI-powered video editing app, raised a $25M Series B led by Kleiner Perkins at a $250M valuation, bringing its total funding to $40M
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems
 
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