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5:00 PM ET, August 11, 2023

Mediagazer

 Top News: 
Anthony Lin / Bloomberg:
Fox Corp's chief legal officer, Viet Dinh, will leave his post at the end of 2023 and become a special adviser to Fox, following the $787.5M Dominion settlement  —  - Viet Dinh is departing as Fox chief legal and policy officer  — Fox paid $787.5 million to settle suit over vote-fraud claims
Angela Yang / NBC News:
Major outlets including Insider, Variety, and the LA Times had to walk back their reporting about the supposed death of child rapper Lil Tay  —  A post on Lil Tay's Instagram account announced her death.  A day later, it was removed.  —  Lil Tay's life has always been shocking …
Sam Roberts / New York Times:
Herbert J. Siegel, a billionaire entertainment industry mogul who enabled the 1989 Time Warner merger and sold 10 TV stations to News Corp. in 2000, dies at 95  —  As head of Chris-Craft Industries, he played a role in the Time-Warner merger and sold 10 television stations to Rupert Murdoch.
Discussion: The Wrap and Bloomberg
Luc Cohen / Reuters:
A US judge revokes SBF's bail after the DOJ accused him of tampering with witnesses, such as by sharing former Alameda CEO Caroline Ellison's diary with the NYT  —  Sam Bankman-Fried's bail was revoked ahead of his October fraud trial, a U.S. judge said on Friday, after prosecutors accused …
Josef Adalian / Vulture:
A look at bundling by smaller streamers, telcos' potential role in bundling, and opposition to sharing the same user interface among big streamers  —  This story first ran in Buffering, Vulture's newsletter about the streaming industry.  Head to vulture.com/buffering and subscribe today!
Ivan Mehta / TechCrunch:
X lowers its eligibility threshold for ad revenue sharing from 15M to 5M impressions in the past three months; Musk: “only views from verified handles count”  —  Elon Musk-owned social network X, formerly Twitter, said late Thursday that it is lowering requirements for its creator payout program.
Nicole Gallucci / Decider:
Writers for the series Suits, which aired from 2011 to 2019 and has received renewed interest on Netflix and Peacock, criticize their paltry streaming residuals  —  As WGA and SAG-AFTRA strikes persist and tens of thousands of people withhold labor in pursuit of equitable streaming residuals …
Georgi Azar / Bloomberg:
FC Barcelona plans to list its content creation unit Barca Media on Nasdaq in Q4 via a SPAC merger valued at $1B  —  Spanish football's FC Barcelona will list its content creation unit Barca Media in the US via a merger with a special purpose acquisition company that values the combined entity at $1 billion.
Todd Spangler / Variety:
The IRS files a claim in Vice Media's bankruptcy case saying Refinery29 owes the US government about $40.9M in back taxes, interest, and penalties  —  A rep for Vice Media Group did not immediately respond to a request for comment on the IRS claim.  Vice Media completed the acquisition of Refinery29 …
Discussion: Fast Company
Sarah Fielding / Engadget:
To fight spam, YouTube plans to deactivate links in Shorts descriptions, comments, and the vertical feed from August 31 and make social media icons unclickable  —  The move follows other anti-spam measures.  —  YouTube knows that it has a spam problem, particularly when it comes to its two-year-old Shorts feature.
Danny Goodwin / Search Engine Land:
The New York Times updated its terms of service on August 3, aiming to prevent AI companies from using the media organization's content to train their systems  —  Many large language models are trained using website content without permission - and some brands are demanding compensatation.
James Rainey / Los Angeles Times:
Diana Marcum, a Pulitzer Prize-winning former feature writer for the Los Angeles Times, San Bernardino Sun, and Fresno Bee, dies at 60  —  Diana Marcum forged a career, and a life, by giving a voice to Californians whom many people didn't take time to notice.
Rohan Goswami / CNBC:
An interview with X CEO Linda Yaccarino on her having “autonomy” under Elon Musk, brands including Coca-Cola and Visa returning under her leadership, and more  —  WATCH NOW  —  X Corp. CEO Linda Yaccarino told CNBC that she has “autonomy” under owner Elon Musk in an interview Thursday …
RELATED:
Hannah Murphy / Financial Times:
X CEO Linda Yaccarino plans to reinstate the company's “client council”, an invite-only yet-to-be-decided group of marketing and ad executives, in the fall
 
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 More News: 
Mickey Djuric / Canadian Press:
Meta's blocking of news outlets has impacted some satirical websites in Canada, including The Beaverton and The Toronto Harold, requiring appeals to the company
Discussion: @thebeaverton
Jay Peters / The Verge:
The NFL adds RedZone and NFL Network to its NFL+ Premium service and raises its monthly price from $9.99 to $14.99 and the basic tier's from $4.99 to $6.99
 Earlier Picks: 
Feven Merid / Columbia Journalism Review:
A look at Forbes, its myriad monetization endeavors like the 30 Under 30 list, the union dispute, its quest for a buyer, and its diluted media brand identity
Wendy Lee / Los Angeles Times:
The WGA's negotiating committee plans to meet the AMPTP on August 11; AMPTP President Carol Lombardini requested the meeting, the second since the strike began
Katie Robertson / New York Times:
Condé Nast names Katie Drummond, Vice Media's senior vice president of global news and entertainment, as Wired's global editorial director
David Hellier / Bloomberg:
Source: Saudi Pro Football League has signed TV deals in 130+ territories, including with Fox and DAZN, which paid ~$500K/year; 2022/23 global rights made $710K
Discussion: Front Office Sports