Top News:
Hannah Murphy / Financial Times:
Sources: Linda Yaccarino plans to launch full-screen, sound-on video ads on Twitter's short-video feed and is wooing celebrities in the hope of selling more ads — CEO hits ground running with plans for new advertisement offering while telling staff to ready for ‘hand-to-hand combat’
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New York Times:
A look at Linda Yaccarino's first weeks at Twitter; sources say her work has been hindered by NBCU's noncompete clause, which prevents ad deal negotiations — Linda Yaccarino, who initially could not take ad sales meetings because of a noncompete clause, is adjusting to her new role reporting to Elon Musk.
Alexandra Bruell / Wall Street Journal:
Sources: several news and magazine publishers, including The NYT, News Corp, IAC, and Axel Springer, are discussing forming a coalition to address AI's impact — New York Times, Wall Street Journal parent News Corp and Dotdash Meredith owner IAC are among companies discussing forming a coalition
Discussion:
@_felixsimon_, @colincrowell and @jayrosen_nyu
Patrick McGee / Financial Times:
Advertisers demand significant refunds from YouTube after a report suggested millions of ads served via YouTube's TrueView system are hidden from users — Study shows millions of ads are hidden away in violation of Google-owned group's policies — Advertising industry figures …
Rocio Fabbro / The Messenger:
Staff writers at Disney's National Geographic say the outlet is laying off all remaining writers and will rely on freelancers and people with outside funding — Several staff writers announced their layoffs over Twitter — A Facebook icon representing an external link to share the article …
Discussion:
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Jules Roscoe / VICE:
Amazon's Kindle Unlimited YA romance bestseller list featured dozens of AI-generated books of nonsense on June 26 and 27, until Amazon took action on June 28 — Amazon's Kindle Unlimited bestseller list was full of books with titles like “Apricot bar code architecture” and “Jessica's Attention” earlier this week.
Discussion:
@wes_chu, @caitlynlynch6, The Overspill, @brushbeater and The Messenger
Jay Peters / The Verge:
Streaming company Plex laid off 37 people on Monday, representing over 20% of staff, citing the impact of the global ad market downturn — Plex laid off 37 people on Monday, a figure that represents more than 20 percent of the company's staff, according to a Slack message from CEO Keith Valory obtained by The Verge.
Discussion:
TechCrunch, @davezatz, 9to5Mac and Cord Cutters News
Max Kim / Los Angeles Times:
South Koreans are increasingly questioning how Netflix pays them; writers generally get no residuals and production workers cite exploitative labor practices — In 2019, South Korean writer and director Hwang Dong-hyuk pitched Netflix a script for a dystopian thriller about society's outcasts competing …
Discussion:
@drahardja@sfba.social, IGN, SlashFilm, The Hollywood Reporter, The Messenger and UPROXX
Todd Spangler / Variety:
NBCU is launching 48 FAST channels on Amazon Freevee and Xumo Play with Network Entertainment Channels, Sports, Telemundo, and more — New ad-supported FAST channels to be available initially on Amazon Freevee and Xumo Play — NBCUniversal is cracking open its TV and movie archives …
Discussion:
Deadline, Media Play News, WORLD SCREEN and Cord Cutters News
Dylan Byers / Puck:
Sources: Tucker Carlson is raising funds for a new media company and a “vast majority” of his ex-Fox News staffers, who were laid off this week, will join him — Life inside the Fox News bunker, the Watters-Hannity-Gutfeld Cerberus, and news on Tucker Carlson's new media ambitions.
Discussion:
The Wrap, Mediaite, @decodingfoxnews, @pucknews, Mediaite and The Messenger
Amrita Khalid / The Verge:
Q&A with Chris Morrow, the new head of audio at Plan B, about the company's partnership with Audible, producing “risky, out-of-the-box” audio fiction, and more — Hope everyone is gearing up for the dog days of summer. Today's issue includes a Q&A I did with Chris Morrow …
Discussion:
@beverlyabcd
Sara Fischer / Axios:
Snapchat says Snapchat+, which lets users access experimental and pre-released features for $3.99 per month, has reached 4M paid subscribers in its first year — Snapchat on Thursday will announce that its subscription service, Snapchat+, has reached 4 million paid subscribers in its first year, executives told Axios.
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