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.
Discussion:
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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.
Discussion:
Variety, The Hollywood Reporter, Mediaite, Deadline, ComingSoon.net, NPR, CNBC, Semafor, New York Times, Forbes, BBC, Associated Press, @tuckerteague@mastodon.social, @fracturcritical.bsky.social, @sauthoff.bsky.social, Bloomberg, The Week, The Verge, @darthbluesky.bsky.social, @tim_bays, @aleciabatson@mastodon.social, SlashFilm, MediaPost, Media Play News and Screen Rant
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.
Discussion:
Spotify, CNET, Insider, CNN, RAIN News, @jordanuhl_@threads.net, NBC News, UPROXX, Engadget, Fortune, Gizmodo, Hollywood Reporter, @trengriffin, Music Business Worldwide, 9to5Google, @bennjordan, Billboard, @tomwarren, TechCrunch, @lucas_shaw, Variety, The A.V. Club, Complete Music Update, KNSD-TV, The Wrap, Forbes and The Information, more at Techmeme »
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 …
Discussion:
Los Angeles Times, The Wrap, @jbenton, Deadline, @joelmathis.bsky.social, The Guardian, @michaeljlewis75, @kylebjorrey, @tonybiasotti, Siteline, Edhat, @bravokiloactual, @davidbenda_rs, @laobserved, @davidoatkins, @awinston, Media Bias/Fact Check, @nycsouthpaw and @toddgregory.bsky.social
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.
Discussion:
The Guardian, The Wrap, Insider, @bmorrissey, @dannygroner, @ryanvailbrown, @benmullin, @seangriffey, @scottnover and @sherman4949
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:
The Wrap, Current, @elbordeaux, @isalara, @vivian, @greenfield64 and @davidfolkenflik
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 — The discussions are at an early stage, but could impact films including Poor Things, Next Goal Wins, Wish and Magazine Dreams, which are all slated for release this year.
Discussion:
@bart_smith and @tvgrimreaper
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 …
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
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 …
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 …
Discussion:
The Week, @marcblitstein, @royalwhisper, @lerouxdb, @lauridonahue, @harpercreates, @bookspotlight, @nextbestpicture, @variety, @doctorcreative, @filmupdates, @seiu, @bfishbfish, @filmupdates, @thegeekster4, @netw3rk, @discussingfilm, IndieWire, New York Times, CNN, The Guardian, Deadline, Hollywood Reporter and The Wrap
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