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9:50 AM ET, July 25, 2023

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Washington Post:
The previous big strikes reshaped Hollywood and fueled reality TV's rise; the current ones will likely turn established actors into TikTok stars and vice versa  —  The last big strikes reshaped the movie business and fueled the rise of reality TV.  The latest walkout likely …
Todd Spangler / Variety:
Netflix rolls out a My Netflix tab on iOS, superseding the Downloads tab to offer downloads, watch lists, reminders, and more; Android gets My Netflix in August  —  Netflix has rolled out a new feature designed to — what else? — get you to stream as much as possible on the service.
Aisha Malik / TechCrunch:
Instagram rolls out creator subscriptions in Australia, Brazil, Canada, France, Germany, Italy, Japan, Mexico, Spain, and the UK, expanding on support in the US  —  Meta announced today that it's rolling out Instagram subscriptions to all eligible creators in Australia, Brazil, Canada …
Ashley Carman / Bloomberg:
Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss  —  Spotify Technology SA, the Swedish audio streaming platform, beat analyst expectations in its second-quarter results …
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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
Thomas Seal / Bloomberg:
The UK plans to force social media and ad platforms like Google Ads to stop scam ads including fake celebrity endorsements and pop-ups with malware  —  - Ad-tech will be forced to crack down on scam advertisements  — Measures are intended to complement the Online Safety Bill
Angelique Jackson / Variety:
SAG-AFTRA Foundation president Courtney B. Vance says Dwayne Johnson donated a seven-figure sum to the SAG-AFTRA Relief Fund, the largest single donation ever  —  On July 13, as SAG-AFTRA leadership declared the union was going on strike, SAG-AFTRA Foundation president Courtney B. Vance …
Dominic Ponsford / Press Gazette:
Reach reports revenue fell 6.1% YoY to £279.4M and operating profit dropped 23.5% YoY to £36.1M; print revenue fell 2.7% YoY and digital slid 16.1% YoY  —  Reach half-year results hit by falling page views and lower online ad yields.  —  The UK's largest regional news publisher Reach …
Charlotte Tobitt / Press Gazette:
The Guardian creates seven journalist jobs to improve its coverage of underrepresented communities, including in the UK and US, after its founder's slavery ties  —  The roles include dedicated correspondents for the Caribbean, Africa and South America.  —  The Guardian is creating seven …
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 …
 
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 More News: 
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
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
 Earlier Picks: 
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
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
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
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
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