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4:50 PM ET, July 24, 2023

Mediagazer

 Top News: 
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.
RELATED:
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 and UPROXX
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.
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.
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 …
David Folkenflik / NPR:
NPR names Edith Chapin as its SVP for news and editor-in-chief; she's been serving in the position on an acting basis since fall 2022, after joining NPR in 2012  —  NPR has moved to shore up its leadership at a time of significant transition, naming veteran news leader Edith Chapin …
Aisha Malik / TechCrunch:
TikTok rolls out support for text posts, available via the app's Camera page and letting users add sounds, locations, stickers, and more  —  As Twitter shoots itself in the foot with a rebrand this morning, TikTok has announced that it's rolling out support for text posts.
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.
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
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
 
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 More News: 
Sports Business Journal:
Sources: MLS Season Pass is nearing 1M subs including season-ticket holders; team execs say they are frustrated due to lack of transparency in viewership stats
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
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
 Earlier Picks: 
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
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
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
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January
 
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