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9:35 AM ET, June 25, 2023

Mediagazer

 Top News: 
Lisa Laman / Collider:
WBD CEO David Zaslav gutting Turner Classic Movies staff, while he tries to adopt 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.
RELATED:
Hollywood Reporter:
Sources: Warner Bros. Pictures CEOs Michael De Luca and Pamela Abdy will now oversee Turner Classic Movies; WBD plans to invest in, and not sell, the channel
Nico Grant / New York Times:
Russian telcos and ISPs blocked or restricted access to Google News and other news sources during Kremlin's feud with a mercenary leader  —  At least five telecommunications companies have blocked the service, which aggregates news from various sources, according to an analysis from NetBlocks, an internet observatory.
Benjamin Mullin / New York Times:
IAC Chairman Barry Diller says The Daily Beast is no longer for sale; Diller had been in talks with Ankler Media, founded in 2022, but has withdrawn from them  —  Mr.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.
Adam B. Vary / Variety:
Ahead of a potential SAG-AFTRA strike, Marvel, Netflix, Sony Pictures, and other studios plan to skip panels at San Diego's Comic-Con, which starts on 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 …
Charlie Savage / New York Times:
How an intern at Indiana newspaper The Journal Gazette in 1995 helped popularize the mashup of The Wizard of Oz with Pink Floyd's The Dark Side of the Moon  —  Pink Floyd,  —  ‘The Wizard of Oz’  —  and Me  —  The inside story of a Times reporter's strange role in a foundational moment …
Discussion: Insider
Irene Chan / Hong Kong Free Press:
An interview with Hong Kong journalist Bao Choy on why the court overturning her 2019 conviction is “not a long-lasting victory”, her new media outlet, and more  —  After leaving Hong Kong's top court on a warm June morning, Bao Choy was overwhelmed by a mixture of jubilation and sadness.
Katie Deighton / Wall Street Journal:
Inside the Cannes Lions ad festival, which saw companies gingerly describing their AI use and a bigger presence from TikTok, Netflix, and Saudi publisher SRMG  —  Fears of the technology didn't dampen the annual bash, but its potential to wreck and remake the global ad industry suffused the five-day event
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.
Discussion: 9to5Google
Wall Street Journal:
A look at Harry and Meghan's Hollywood flop in streaming's era of slower growth; sources: Netflix is unlikely to renew their $100M deal, which runs through 2025  —  They arrived three years ago with royal star power amid a streaming boom, but have notched more cancellations and rejections than produced shows
Marvie Basilan / International Business Times:
Report: Altice USA-owned news network Cheddar News laid off around a dozen people on June 22; in April 2023, Cheddar cut around six staff from its YouTube team  —  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 after a 41% turnout; 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:
The EFJ and media experts condemn the latest European Media Freedom Act draft 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
 
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 More News: 
Dietrich Knauth / Reuters:
Bloomberg, Dow Jones, the NYT, and the FT appeal a ruling letting FTX keep client names secret, arguing FTX can't get a “sweeping exception” to disclosure norms
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
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
 Earlier Picks: 
Elizabeth Djinis / Poynter:
A survey of 500+ local US journalists: ~72% reported experiencing personal burnout, 70% reported work-related burnout, and 72% have considered leaving their job
RTÉ:
Ireland's RTÉ suspends Director General Dee Forbes a day after revelations that a presenter was paid €345K above his annual published salary for several years
Paul Sawers / TechCrunch:
French data protection watchdog CNIL fines Paris-based adtech company Criteo €40M for breaching GDPR by failing to obtain users' consent around targeted ads
 

 
From Techmeme:

Bloomberg:
MicroStrategy bought ~51,780 bitcoin for ~$4.6B between November 11 and November 17, its largest purchase since starting in 2020, and now holds $29B+ in bitcoin

Bloomberg:
How Wall Street is preparing to cash in on AI hysteria; analysis: delivering on AI's promise will require $1T+ for data centers, electricity, and comms networks

Sarah E. Needleman / Wall Street Journal:
Roblox debuts new parental controls and gatekeeping features, like letting parents link accounts to a child's and banning text chat for under 13s outside games
 
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