Top 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.
Discussion:
Spotify, Light Reading, CNN, Inside Radio, @chrismessina@mastodon.xyz, @bennjordan, @trengriffin, @lucas_shaw, CNET, Deadline, @tomwarren, RAIN News, Insider, @jordanuhl_@threads.net, NBC News, Engadget, 9to5Google, Gizmodo, KNSD-TV, Variety, UPROXX, Music Business Worldwide, Hollywood Reporter, TechCrunch and Billboard, more at Techmeme »
RELATED:
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 …
Discussion:
TechCrunch, Wall Street Journal, NBC 7 San Diego, Hollywood Reporter, @lucas_shaw and Spotify, more at Techmeme »
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:
The Hollywood Reporter, Variety, @twitterdata, @tim_bays, ComingSoon.net, Mediaite, Semafor, NPR, Deadline, New York Times, @sauthoff.bsky.social, @fracturcritical.bsky.social, @darthbluesky.bsky.social, Media Play News, The Verge, BBC, The Week, CNBC, @tuckerteague@mastodon.social, @aleciabatson@mastodon.social, Bloomberg, MediaPost, SlashFilm, Forbes and Screen Rant
RELATED:
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 …
Discussion:
@videodrew, @shiralazar, @drewharwell, Brightcove, Digiday, The Information, Rolling Stone, Study Hall, Foreign Policy and Deadline
RELATED:
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, @lindayacc, New York Times, @elonmusk, @lindayacc, CNN, The Verge, The Verge, Insider, @chafkin, RADAR, Fast Company, @martingrasser, Macworld, NBC News, CNBC, Wall Street Journal, Forrester, @lindayacc, Associated Press, @rmac18, @mrerikjackson, The Hill, @mollyjongfast, @rmac18, CBS News, @valueterminal, @mikeisaac, New York Magazine, @ivanthek, The Daily Beast, @rmac18, @news_by_nick, @tomgara, Mother Jones, TIME, @mabintou, Bloomberg, @wagatwe, @espiers, The Guardian, Digital Journal, @elonmusk, Slate, KNSD-TV, @jack, @lindayacc, Us Weekly, Ars Technica, Fortune, New York Post, @mossbergwalt@threads.net, @lindayacc, @carnage4life@threads.net, Hollywood Life, Engadget, PRWeek, MediaPost, Vibe, CNN, Variety, NPR, New York Daily News, New Republic, Global News, Gizmodo, Poynter, The Register, @levie, @tomcoates, @tedlieu, @jdcmedlock, @elonmuskaoc, @emilcdc, @bendreyfuss, @yosephpaulos, @jamestobyne, @karaswisher, @loupas, @jujuujba, @benedictevans, @killedbygoogle, Fox News, Agence France-Presse, KGET-TV, Complete Music Update, Sydney Morning Herald, Insider, New York Post, The Guardian, Bloomberg, Slate, Boing Boing, The Hollywood Reporter, Digital Music News, @carnage4life@mas.to, @parkerortolani@threads.net, Times of San Diego, Ad Age, The A.V. Club, UPROXX, The Week, Consequence, Forbes, Vanity Fair, Metro.co.uk, The Wrap and Billboard, more at Techmeme »
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.
Discussion:
About Netflix, Broadband TV News, The Verge, The Hollywood Reporter, CNET, Engadget, Deadline, TechCrunch, UPROXX and Media Play News, more at Techmeme »
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 …
Discussion:
Instagram and Tubefilter, more at Techmeme »
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 …
Discussion:
The Guardian, @josephharker, @josephharker and @blackamazon
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, CNN, The Verge, Forbes, Mumbrella, 9to5Mac, The Guardian, CNET, @blackamazon, The A.V. Club, Fast Company, MediaPost, @danyork@mastodon.social, The Hill, Tubefilter, @parkerortolani@threads.net, @chris@threads.net, @digiphile@mastodon.social, Engadget, Variety and KNSD-TV, more at Techmeme »
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:
Intuit SMB MediaLabs, @lefterisjp, @catherineperlo1, @johnathanbarnes and @sean_kaushal
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. …
Vidya Krishnan / Nieman Reports:
A look at NDTV, India's last mainstream TV network willing to critically cover the Modi government, as Adani Group's NDTV takeover leaves few independent voices — The hostile takeover of NDTV — one of India's last channels willing to report critically on the Modi government …
Discussion:
@vidyakrishnan and Columbia Journalism Review
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
Discussion:
Financial Times, more at Techmeme »