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1:00 PM ET, July 24, 2023

Mediagazer

 Top News: 
Ivan Mehta / TechCrunch:
Twitter rolls out its updated “interim” X logo, replacing the iconic bird, following Elon Musk's weekend announcement; X.com now redirects to twitter.com  —  Twitter has removed the iconic bird logo and adopted ‘X’ as its official logo.  This move comes after Elon Musk announced the change over the weekend.
Lisa Richwine / Reuters:
The much-hyped “Barbenheimer” opening weekend netted $155M for Barbie and $80.5M for Oppenheimer, for $300M in total in the US and Canada for just the 4th time  —  The much-hyped “Barbenheimer” box office battle over the weekend proved to be a win for movie theaters that needed to add some sizzle to their summer.
Jean Yamamura / The Santa Barbara Independent:
The Santa Barbara News-Press, which has published a paper since 1868 and received a Pulitzer, ceases publication and files for a Chapter 7 bankruptcy  —  Publisher Ampersand Claims Few Assets and Many Creditors  —  More than 150 years of history ended on Friday when the Santa Barbara News …
Jon Porter / The Verge:
Spotify confirms raising US Premium to $10.99/month, up from $9.99, the first increase since its US launch in 2011; Duo rises by $2, Family and Student by $1  —  After 12 years, the price of Spotify Premium is increasing in the US.  The subscription will now cost $10.99 a month, the company announced today.
Brian Merchant / Los Angeles Times:
Studio executives embraced Silicon Valley's magical thinking of hypergrowth and disruption for the past 10 years, only to slash worker pay as the boom times end  —  In one respect, the actors and writers of Hollywood uniting on the picket lines in a historic, industry-shaking strike is a tale as old as time …
New York Times:
Sources: Altice USA is exploring a sale and other strategic options for Cheddar News; Altice USA acquired the streaming news network for $200M in 2019  —  Rebranding the social network as X marks the billionaire's latest gamble to reinvent the company, after buying it last year for $44 billion.
Patrick Sykes / Bloomberg:
Turkish shows, initially made for domestic audiences, are at the forefront of state broadcaster TRT's global expansion, as Turkey tries to extend its soft power  —  - New state streaming site brings drone wars to global viewers  — Government backs TV export drive worth up to $1.5 billion
Natalie Pressman / CBC News:
Canada's smaller news outlets, like Cabin Radio, the Northwest Territories' only entirely-online news organization, worry about the Online News Act's impact  —  ‘Obviously we will take as many steps as we can to protect our interests,’ said Cabin editor Ollie Williams
Discussion: @gregorytaylor1
New York Times:
Sources: Jeff Bezos is taking a more active role in The Washington Post's operations as staff morale craters and the newspaper is on pace to lose ~$100M in 2023  —  The Amazon founder, who purchased The Washington Post for $250 million in 2013, has taken a more active role in the paper's operations this year.
Rebecca Rubin / Variety:
Q&A with Josh Goldstine, Warner Bros. president of global marketing, on Barbie's marketing campaign, which rival studio execs estimate to have cost ~$150M  —  Unless you've been trapped in a plastic toy box, there's no escaping the Barbie-core movement that's sweeping the globe …
Discussion: Insider
Jesse Whittock / Deadline:
Internal memo: WBD President of International TV Distribution Robert Blair plans to leave the company after 25 years due to a “necessary structural change”  —  Warner Bros Discovery President of International TV Distribution Robert Blair is leaving after 25 years with the company.
BBC:
BBC newsreader George Alagiah, who joined the broadcaster as a foreign correspondent in 1989 and presented BBC News at Six for the past 20 years, dies at 67  —  George Alagiah, one of the BBC's longest-serving and most respected journalists, has died at 67, nine years after being diagnosed with cancer.
Variety:
A look at the actors' and writers' strikes that are plunging Hollywood into chaos, causing pricey movie delays, pay battles, AI anxiety, and more  —  It was a typical day on the set of “Gladiator 2” in Malta.  British director Ridley Scott was orchestrating a complex sequence featuring the film's star …
RELATED:
Josef Adalian / Vulture:
By letting the Hollywood strike drag on, legacy companies like Disney, NBCUniversal, and Paramount risk the devastation of the traditional network TV model
 
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 More News: 
Ben Smith / Semafor:
Sources: IAC, News Corp, the NYT, and other publishers are forming a coalition to push for AI laws and lead a lawsuit against AI firms who trained on their data
Brian Veseling / WAN-IFRA:
A look at Argentina's Clarín, which has 30M monthly readers and 700K subscribers, as the outlet looks to diversify their offerings and expand into other markets
 Earlier Picks: 
Check My Ads Institute:
A look at the Publir ad network, whose founders have ties to The Federalist Society and RealClearPolitics, and how Publir funnels ad revenue to The Donald forum
New York Times:
Texas A&M's president resigns after faculty members criticized alleged political meddling in the school's failed hiring of Black journalist Kathleen McElroy
Michael Kan / PCMag:
Twitter sets “daily limits” on the number of direct messages that accounts without Twitter Blue can send, as part of changes to reduce spam in DMs
Justin Garcia / Tampa Bay Times:
Lawyers for journalist Timothy Burke file a motion demanding the US DOJ return his equipment and argue he legally obtained controversial Fox News video outtakes
 

 
From Techmeme:

Alex Riehl / BetaKit:
Waterloo, Ontario-based logistics software company Descartes Systems Group acquires 3Gtms, an Ohio-based transportation software vendor, for $115M in cash

Wency Chen / South China Morning Post:
Chinese chip equipment manufacturer SiCarrier debuted ~30 “domestically controllable” products at the Semicon China show, as China pushes for chip self-reliance

Ryan Gould / Bloomberg:
PE firm Clearlake agrees to acquire and take private Dun & Bradstreet, one of Wall Street's oldest data and analytics providers, for $7.7B including debt

 
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