Mediagazer: The Telegraph Media Group reports 2022 revenues up 4% YoY to £254.2M, digital subscription revenue up 31% YoY to £57.9M, and subscriptions up 2% YoY to 734K (Dominic Ponsford/Press Gazette)

10:25 PM ET, July 24, 2023

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.

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

Discussion: Insider, New York Times 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.

Discussion: @elonmusk, The Verge, @lindayacc, New York Times, @lindayacc, Wall Street Journal, Associated Press, NBC News, Fast Company, Insider, NPR, @chafkin, @martingrasser, New York Magazine, Mother Jones, CNN, CNBC, The Daily Beast, @lindayacc, Forrester, @lindayacc, CBS News, TIME, Variety, @rmac18, Engadget, @levie, The Guardian, Fortune, @tomcoates, @mrerikjackson, KNSD-TV, @tedlieu, Vibe, @jdcmedlock, @mollyjongfast, @elonmuskaoc, New York Post, @emilcdc, @bendreyfuss, @rmac18, @yosephpaulos, @jamestobyne, @lindayacc, @mabintou, @karaswisher, @jack, @loupas, @jujuujba, Rolling Stone, @benedictevans, Digital Journal, @killedbygoogle, Us Weekly, @valueterminal, Gizmodo, @mikeisaac, @mossbergwalt@threads.net, @wagatwe, Insider, @ivanthek, @elonmusk, @rmac18, Ars Technica, New York Post, @carnage4life@threads.net, MediaPost, Complete Music Update, Poynter, Sydney Morning Herald, The Register, @news_by_nick, @tomgara, Slate, Agence France-Presse, Bloomberg, KGET-TV, Fox News, New York Daily News, Global News, Hollywood Life, The Hollywood Reporter, Slate, New Republic, @carnage4life@mas.to, @parkerortolani@threads.net, NewscastStudio, Ad Age, Al Jazeera, The A.V. Club, UPROXX, The Week, Consequence, Forbes, Vanity Fair, Metro.co.uk, Billboard, Washington Post, Boing Boing, The Hill, Digital Music News and Reuters, more at Techmeme »

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 …

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.

Discussion: TikTok, CNET, The Verge, The A.V. Club, The Hill, Fast Company, Engadget, @chris@threads.net, @parkerortolani@threads.net, @blackamazon, @digiphile@mastodon.social, Gizmodo, Tubefilter, MediaPost, Variety and KNSD-TV, more at Techmeme »

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 …

Discussion: Current, @isalara, @davidfolkenflik, @elbordeaux, @vivian, @greenfield64 and The Wrap

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 — Apple's Eddy Cue began speaking to a room filled with MLS owners and executives last week in Washington, D.C. …

Discussion: Awful Announcing, @turnersavesthat, @GreenFire@mstdn.social, @worldsoccertalk, The Streamable, @tvanswerman, @alexmsilverman, 9to5Mac, @griffin_author, Front Office Sports, @tvgrimreaper, @zone_nhl, @jheaps4 and @usmnt_thoughts

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.

Discussion: @bmorrissey, @tomgara, @dannygroner, Semafor, @ryanvailbrown, @benmullin, @seangriffey, The Wrap, @scottnover, Insider and @sherman4949

Catherine Perloff / Adweek:

Mailchimp owner Intuit is launching SMB MediaLabs, which lets advertisers target QuickBooks' 7.1M customers on social media, online publishers, CTV, and more — Targeting QuickBooks' customers across digital media is a promising new revenue line — Financial services giant Intuit …

Discussion: @lefterisjp, @sean_kaushal, @johnathanbarnes, @catherineperlo1 and Intuit SMB MediaLabs

Washington Post:

Mandiant: a Chinese PR firm used newswire services to place pro-Beijing content on the subdomains of 32+ US news outlets, including the Pittsburgh Post-Gazette — Welcome to The Cybersecurity 202! Tim here. If you're remotely interested in boxing, or maybe even if you aren't, you'll definitely want to be watching Saturday night.

Discussion: Mandiant, @nakashimae, @nakashimae, CNN, @nakashimae, @nakashimae, @ericgarland and @heminator

Mark Stenberg / Adweek:

Court docs reveal Vice's financial struggles and fundraising history; Vice held $834M in debt in May 2023, raising $1.3B+ in debt and equity funding since 2017 — New documents reveal a yearslong slide into increasing financial desperation — The digital media company Vice filed …

Discussion: United States Bankruptcy Court for the Southern District of New York and @markstenberg3

Dominic Ponsford / Press Gazette:

The Telegraph Media Group reports 2022 revenues up 4% YoY to £254.2M, digital subscription revenue up 31% YoY to £57.9M, and subscriptions up 2% YoY to 734K — Telegraph reports 2022 profit boost and strong outlook for 2023. — The Telegraph Media Group has reported growing profit …

Discussion: The Guardian, Reuters, Financial Times, London Evening Standard, Telegraph, @guardiannews, Telegraph Media Group and The Times

Archived Page Info:

This is a snapshot of Mediagazer at 10:25 PM ET, July 24, 2023.

View the current page or another snapshot:

Who's Hiring in Media?

Output Producer, CA — AP

China Markets Correspondent, Shanghai — Reuters

Senior Assignment Editor, DC — WaPo

Breaking News Editor, Tokyo — Bloomberg

Senior Correspondent - Wealth, NY — WSJ

Reporter - Ottawa Bureau — Globe & Mail

Local Government Reporter, IA — The Gazette

Research Director, CA — OCBJ

Immigration Enforcement Reporter — Documented

Presque Island Reporter, ME — Bangor Daily News

Contributing Parks Ed. - SW, CA — SFGATE

AI Content Editor, WA — Outlier

Legislative Reporter, TN — Daily Memphian

Editorial Assistant, Remote US — Launch Potato

Elon Musk Reporter, NY or CA — The Information

Government & Politics Editor, WA — Seattle Times

Business & GA Reporter. VT — VTDigger

Sports Reporter, WA — Everett Herald

Energy Reporter, TX — Houston Chronicle

Senior Reporter, SC — Island Packet

Trade & Climate Correspondent, DC — FT

Reporter, WI — Racine County Eye

Political Newsletter Writer, CO — The Lever

Jackson Reporter, MS — Verite

Music Editor, AZ — Phoenix New Times

Breaking News Reporter, NV — Las Vegas Sun

Fearless Reporter/Producer, IA — BPC

Reporter II - Technology, Remote — NPR

Editor, Remote US — Daily Kos

City Reporter, WA — Tacoma News Tribune

Executive Editor, OR — Lookout Local

Education & Budget Reporter, CA — Politico

Senior Writer/Editor, FL — Gulfshore Business

Media Editor, Remote — Axios

Add your company here

See Also:

Mediagazer: site main

Mediagazer River: reverse chronological Mediagazer

Mediagazer Mobile: for phones

Mediagazer Leaderboard: Mediagazer's top sources

Subscribe:

Mediagazer RSS feed

Mediagazer on X

Mediagazer on Mastodon

More News:

Thomas Buckley / Bloomberg:
Sources: Disney is reviewing its film release schedule for the rest of 2023 and may delay some titles because striking actors won't help promote the pictures

Discussion: @tvgrimreaper and @bart_smith

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”

Discussion: Broadcast, @jelmes_tv, The Hollywood Reporter, @variety, Variety and Cord Cutters News

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

Discussion: BBC, @markaustintv, The Guardian, @bbcpress, @chrisckmedia, @nickbryantny, @scottygb, @sarfrazmanzoor, Press Gazette, Variety, @mariannaspring, @sangitamyska, @clairehopkin.bsky.social, @johnsimpsonnews, Sky News, @pressgazette, @rhonddabryant and @mrneilmorrow

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

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

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

Discussion: @ernie@writing.exchange, @moorehn, @adamkovac, @natfriedman, @michaelgreshko, @_zeets, @hingumtringum, @sirdigalot, @mediaevan, @natfriedman, @jl_zamith and Vanity Fair

Earlier Picks:

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

Discussion: @andrewbucholtz, @olaasm, @adamconover, @bcmerchant, @ben@werd.social, @rodhilton@mastodon.social, @incitatus@mastodonapp.uk, @carnage4life@mas.to and @peter@thepit.social

Washington Post:
South Korean and Indian filmmakers are hoping the Hollywood strikes will give them more bargaining power with US streaming services and a precedent to follow

Discussion: @jintakhan, @washingtonpost and @drogon_dracarys

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

Uyiosa Elegon / The Objective:
Three years after the George Floyd protests drew a wave of financial support, Black journalism entrepreneurs say they are struggling to sustain their newsrooms

Discussion: Poynter, @gabemschneider and @objectivejrn

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

Sister Sites:

Techmeme
Top news and commentary for technology's leaders, from all around the web

memeorandum
What US political commentators are discussing online right now

WeSmirch
The top celebrity news from all around the web on a single page