Top News:
Jessica Nicholson / Billboard:
Radio and music industry trade website All Access plans to close on August 15, 2023, after 28 years, over a revenue drop “that makes moving forward impossible” — “We will all miss serving and working with all of you — our readers and clients," said founder/president/publisher Joel Denver in a statement.
Discussion:
AllAccess.com, The Desk, @miguelfuller, @timmurphytalks, @tonylorino, @jbleach85, @foxebenbrown, @jaredhalpern, @jamescridland, Deadline and Inside Radio
David Satin / The Streamable:
The Phoenix Suns and Gray Television's broadcasting deal, announced in April 2023, becomes official; report: Diamond Sports' RSN could not match Gray's offer — Bally Sports Arizona may not have any teams' games left to broadcast by the end of business on Monday.
Discussion:
@ourand_sbj, Sports Business Journal, The Desk, Awful Announcing, Barrett Media and Cord Cutters News
Sohee Kim / Bloomberg:
A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth — - President says new anime markets like India will drive growth — Global expansion helps owner Sony boost entertainment content
Discussion:
@thejidetaiwo, @sidcoins, @soheefication and Japan Times, more at Techmeme »
The Hollywood Reporter:
SAG-AFTRA and WGA members picketed at two NYC and 10 LA studio sites, with Netflix and Warner Bros. Discovery HQs among the bigger targets for crowds — Fran Drescher and her 160,000-strong union hit the streets on day one of the SAG-AFTRA strike — and day 74 of the WGA strike.
Discussion:
IndieWire, SAG-AFTRA, The Hollywood Reporter, Associated Press, EW.com, @peteascolese, @discussingfilm, @baddestmamajama, @massawyrm, @bishilarious, @eden_eats, The Guardian, @rohitakadambi, @massawyrm, @coelasquid, @therealvali, @carolinerenard_, @mattzollerseitz, @carolineframke, @somebadideas, @dcpierson, @mikedrucker, @pat_kc, @mcjesse, @rilaws, Wall Street Journal, @johnlevenstein, The Wrap, Variety, Deadline, Washington Post, IndieWire, @shayz0rz@mastodon.online, The A.V. Club, Collider, @ElleGray@mstdn.social, Insider, New York Times, Variety, Screen Rant, New York Post, UPI, Deadline, Out Magazine, CBS News, Gizmodo, Variety and What's on Netflix
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Sarah Whitten / CNBC:
SAG-AFTRA members officially decide to strike on July 14, after failed negotiations with the AMPTP, joining 11,000+ already striking film and television writers
Discussion:
IndieWire, The Week, The A.V. Club, Screen Rant, @gabrielsherman, New York Daily News, The Wrap, NBC 7 San Diego, Ars Technica, Variety, The Nation, The Sun, Collider, Tv Technology, StyleCaster, @karltaro, Next TV, abc7NY, Semafor, Forbes, @dell.bsky.social, Poynter, @kristynburtt, @benschwartz_, @benschwartz_, @benschwartz_, Al Jazeera, @teamstersob, Associated Press, @deadline, @jenna_payne, @moreperfectus, @moreperfectus, @phil_lewis_, @alissamarie, @alissamarie, @latimes, @womeninfilm, @nowthisnews, @rkeleher, Financial Times, @straczynski.bsky.social, The Guardian, Deadline, Variety, Variety, Rolling Stone, Los Angeles Times, Washington Post, The Desk, The Hollywood Reporter, CBS News, National Review, Orange County Register, New York Times, The Verge, @Celeste_pewter@mastodon …, @neilhimself.neilgaiman.com, The Playlist, The Wrap, Variety, Axios, Black America Web, Vulture, The Hill, Deadline, Jezebel, TVLine, Washington Post, @aburtch@triangletoot.party, USA Today, Los Angeles Times, UPROXX, making this up as I go, Cord Cutters News, Crain's New York Business and NBC News
Rhiannon Williams / MIT Technology Review:
Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality — People who use ChatGPT to help with writing tasks are more productive and produce higher-quality work than those who don't, a study found.
Charlotte Klein / Vanity Fair:
Sources: at an all-hands, New York Times staff expressed frustration at how the sports desk was cut and raised concerns over differing standards at The Athletic — A routine all-company meeting turned tense as New York Times employees pressed management on its decision to disband …
Discussion:
@dvnjr, @charlottetklein, @dvnjr, @fakebook, @dvnjr, @alex_shephard, @sidhubaba, @GW@newsie.social, The Nation and New York Magazine
Amanda Silberling / TechCrunch:
Creator monetization platform Passes, founded in 2022, plans to acquire rival Fanhouse, founded in 2020; some creators are worried and one Fanhouse founder quit — The creator monetization platform Fanhouse announced yesterday that it was acquired by Passes, a similar startup that only launched in beta in December.
Discussion:
The Information, @rileyrosez, @jasminericegirl, @itsbellaxrose, @lucy_guo, @asilbwrites, @lucy_guo, @lucy_guo, @lucy_guo and The Passes Blog, more at Techmeme »
Wall Street Journal:
Sources: Daily Caller co-founders Tucker Carlson and Neil Patel seek to raise hundreds of millions for a media company anchored by Carlson's free Twitter videos — Former Fox News host and associate look to raise funds for new venture that could use Twitter as its backbone
Discussion:
Adweek, @michaelsocolow, @digitalshields, New York Daily News, The Hill, Insider, @mediaevan, @asharma, MediaPost, Newser, The Information, Vanity Fair, The Desk, Observer, Mediaite, The Wrap, National Review and Forbes
Jahnavi Nidumolu / Reuters:
Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2 — Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.
Discussion:
Engadget, Fortune, @cullend, @edzitron, @dkthomp, @nycsouthpaw, Bloomberg, @clarajeffery, @gaetendugas, @devin_gain, @oalexanderdk, @briannawu, @rmac18, @elonmusk, @ridim_luv, @dsdoc97, @wallstcynic, @mcuban, @lolgop, @netcapgirl, @ivanthek, @buccocapital, @mattboxer94, @superpixels, @gordonjohnson19, @zaackhunt, @rammitycap, @kurtwagner8, @secretcfo, @lordravenscraft and @buccocapital@threads.net, more at Techmeme »
Richard Sandomir / New York Times:
Carlo Vittorini, the publisher of Parade magazine for 20 years, during which its circulation grew to 37.5M and its full-page ad's cost rose to $640K, dies at 94 — He spent two decades guiding a popular newspaper Sunday supplement as its revenue and circulation grew, reaching nearly 40 million readers at one point.
Discussion:
@roddreher, @nytimestech, @harrymccracken@sfba.social and MediaPost
Wall Street Journal:
A look at Disney's challenges, some of which are rooted in Bob Iger's previous decisions as CEO, including acquiring Fox assets and entering the streaming race — Eight months after returning as Disney's CEO, he is straining to put out fire after fire, including streaming losses, an activist investor and TV woes
Discussion:
Awful Announcing, @asharma, @asharma, @tim_bays, @jtoonkel, @pkafka, The Verge, New York Post, Broadband TV News and The Wrap
Bron Maher / Press Gazette:
Justin Smith: Semafor is on track for a first profitable month and “might even” see a profitable quarter, having allocated nearly 90% of its resources to the US — Semafor claims to have an audience of about four or five million people per month so far.
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