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3:05 PM ET, July 20, 2023

Mediagazer

 Top News: 
New York Times:
Sources: Google tests an AI tool to produce news stories, pitching the service to the NYT, WaPo, News Corp, and other outlets as a helpmate for journalists  —  The product, pitched as a helpmate for journalists, has been demonstrated for executives at The New York Times, The Washington Post and News Corp …
Max Goldbart / Deadline:
Vivendi's Canal+ acquires a 12% stake in Viaplay Group; in June 2023, Canal+ announced a 26.1% stake in Hong Kong-based streaming service Viu  —  Canal+ has taken a minority stake in embattled Nordic outfit Viaplay Group, which this morning announced it was making 25% of its workforce redundant.
RELATED:
Abner Li / 9to5Google:
YouTube increases YouTube Premium's price in the US from $11.99 per month to $13.99 per month and YouTube Music from $9.99 per month to $10.99 per month  —  The price of an individual YouTube Premium subscription is increasing by $2 to $13.99 per month in the US for new and current customers.
Max Tani / Semafor:
Sources: Showtime pulled a Vice documentary episode that featured Ron DeSantis' time as a US Navy lawyer at Guantanamo over fears of political consequences  —  The Scoop  —  Showtime slated “The Guantanamo Candidate,” a 30 minute-long episode of its Vice documentary series, for May 28.
Manish Singh / TechCrunch:
Netflix expands its password-sharing crackdown to its remaining markets and doesn't plan to offer an “extra member” option due to low pricing and penetration  —  Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today …
RELATED:
Lisa Richwine / Reuters:
Netflix reports Q2 revenue up 2.7% YoY to $8.2B, vs. $8.3B est., net income up 3.3% YoY to $1.5B, 5.9M net new subs, and a Q3 forecast below est.; NFLX down 8%+
Or Goren / Cord Busters:
Netflix removes its most affordable $10/month ad-free Basic tier in the US and UK, charging new and rejoining members £10.99/month or $15.49/month for no ads
Patrick Frater / Variety:
Media Partners Asia: South Korean premium VOD content captured 50% of SVOD viewership and 42% of freemium viewership across East Asia from January to June 2023  —  Korean TV series and films are increasing still further their hold on streaming audiences across East Asia.
Discussion: Deadline and WORLD SCREEN
Calum Jaspan / Sydney Morning Herald:
Australia launches a review to examine the funding terms of ABC and SBS and look at governance at the two broadcasters, including their boards' composition  —  The federal government has kicked off a review that will examine funding terms for the ABC and SBS and look at governance at the two broadcasters …
Discussion: The Guardian
Wall Street Journal:
Sources: a syndicate led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6 is nearing a deal to buy CoinDesk at an enterprise value of ~$125M  —  Syndicate is led by Matthew Roszak of Tally Capital and Peter Vessenes of Capital6  —  A syndicate of investors is in the final stages …
Jim Milliot / Publishers Weekly:
HarperCollins is shutting down Inkyard Press, its young adult imprint under the Harlequin Trade Publishing division, and laying off its staff on August 1  —  In a week that has seen Penguin Random House's workforce winnowed by buyouts and layoffs and the Independent Publishers Group lay off nine staffers …
Jess Weatherbed / The Verge:
After releasing Chrome 115 on July 18, Google plans to start enabling Privacy Sandbox APIs for developers on July 24, phasing out third-party cookies by Q3 2024  —  The first phase of Google's long-standing plan to kill third-party cookies in Chrome is nearly complete.
 
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Haje Jan Kamps / TechCrunch:
A look at scammers on Fiverr claiming to sell TechCrunch articles, some of whom create fake websites as “proof” and appear to be part of an organized crime
Katie Robertson / New York Times:
After scrutiny by campus newspapers, Stanford's president resigns and Northwestern fired its football coach, spotlighting the key role of student journalists
Glenn Guilbeau / OutKick:
The Atlanta Journal-Constitution fires Alan Judd after “errors that fell short of our standards” in a story on sex abuse claims against the UGA's football team