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2:30 AM ET, July 6, 2023

Mediagazer

 Top News: 
Tatiana Siegel / Variety:
GQ EIC Will Welch, who sources say made the call to pull a piece critical of WBD CEO David Zaslav, is producing a Warner Bros. movie, a likely ethical conflict  —  On July 3, GQ.com rolled out a hot-take story titled “How Warner Bros. Discovery CEO David Zaslav Became Public Enemy Number One in Hollywood.”
RELATED:
Will Sommer / Washington Post:
GQ pulls an article criticizing David Zaslav; sources say a Zaslav spokesman complained, causing extensive edits and the author asking GQ to remove his byline  —  The writer said he asked to have his byline removed after GQ made extensive changes after publication.  The magazine removed the story instead.
Jonathan Vanian / CNBC:
Meta launches Instagram's Threads, now available on the App Store and Google Play in over 100 countries  —  - Threads is a text-based messaging app that looks very similar to Twitter.  — People will be able to use their Instagram usernames on Threads and follow the same accounts on Threads as they do on Meta's photo-sharing app.
RELATED:
Adrian Weckler / Independent.ie:
Sources: Meta is refraining from launching Threads in the EU because of what the company believes is a lack of clarity contained in the EU's Digital Markets Act  —  Meta's new Twitter rival wants to suck Instagram users' data, including health, location, search history and sensitive information, into the new Threads service.
Sean Keeley / Awful Announcing:
G/O Media sites start posting AI-generated content despite staff pushback; a Gizmodo editor calls an AI-generated Star Wars list with errors “embarrassing”  —  A few weeks back, we wrote about the seemingly never-ending drama at G/O Media, wondering why writers would want to continue working …
Randy Thanthong-Knight / Bloomberg:
Canada's government, media company Quebecor, and cable TV operator Cogeco suspend advertising on Facebook and Instagram in response to Meta's move to drop news  —  The Canadian government is suspending its advertisements on Facebook and Instagram in response to Meta Platforms Inc.'s plan …
RELATED:
Brian Merchant / Los Angeles Times:
California and Canada should call Google's and Facebook's bluff, given the success of Australia's 2021 media law, as the companies threaten to remove news links  —  In June, Canada passed a law that will require major tech platforms such as Google and Facebook to pay a small fee when they host news …
Kris Holt / Engadget:
Lucas Shaw / Bloomberg:
Sources: Andy Jassy asked Amazon's Hollywood studio for detailed budgets to scrutinize ballooning costs; Amazon spent $7B on originals, sports, and more in 2022  —  Good afternoon from Orient, New York, wherever you may be.  I am spending the next month on the East Coast, so please reach out if you are around.
Wall Street Journal:
Paramount, Comcast, Disney, and Netflix's total market value has dropped $280B+ since the end of 2020; WBD lost ~50% of its value since its 2022 trading debut  —  Streaming losses and layoffs were already leading to an industry retrenchment.  Then the writers' strike hit.
James Ball / Rolling Stone:
A UK journalist details the DOJ's and the FBI's efforts to pressure him and three other UK journalists to cooperate with the US' prosecution of Julian Assange  —  The prosecution of the Wikileaks founder Julian Assange is already a threat to a free media — the justice department's campaign …
 
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 More News: 
Variety:
A look at Disney's costly flops, creative struggles, and shrinking box office in 2023, in a shift from 2022, when it had Avatar: The Way of Water and other hits
Jesse Levine / Bloomberg:
Vimeo CEO Anjali Sud plans to step down at the end of August 2023 “to pursue a new opportunity”; board member Adam Gross will become interim CEO on September 1
Guy Faulconbridge / Reuters:
Russia appoints President Putin's former election spokesman Andrei Kondrashov to run state news agency TASS, replacing Sergei Mikhailov, the director since 2012
Discussion: The Guardian
Naman Ramachandran / Variety:
Ireland plans two independent, root and branch investigations into national broadcaster RTE, after a scandal over excessive payments to presenter Ryan Tubridy
 Earlier Picks: 
Matthew Keys / The Desk:
The Council of Europe's Audiovisual Observatory finds that US-based companies own ~20% of Europe's largest TV broadcasters and 33% of on-demand video services
Discussion: Broadband TV News, Thanks:@matthewkeyslive
Kenny Torrella / Vox:
Madre Brava: from January 2020 to June 2022, less than 0.5% of climate change news articles in the UK, the US, and the EU mentioned meat or livestock's impact
Murray Stassen / Music Business Worldwide:
The National Music Publishers Association: in February 2023, Spotify had 44.4M US subscribers, Apple Music had 32.6M, Amazon Music had 29.3M, YouTube had 8.5M
Discussion: Music Ally
Kris Holt / Engadget:
Twitter claims “any advance notice” on rate limiting would have helped bad actors evade detection and that rate limiting had a “minimal” effect on advertising