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7:20 PM ET, September 29, 2023

Mediagazer

 Top News: 
Benjamin Mullin / New York Times:
Letterboxd's founders sell a majority stake to Canadian company Tiny; a source says the deal values the film-focused social network with ~10M users at $50M+  —  Two designers from New Zealand built a wildly popular social network for movie buffs.  Now, they're cashing in (and sticking around for the sequel).
Josh Kosman / New York Post:
Source: Diamond Sports is seeking to cut the broadcast fees it pays to the NHL and NBA by up to 20%; Diamond pays NBA teams about $600M a year  —  Bankrupt broadcaster Diamond Sports, the nation's largest regional sports network, has made a take-it-or-leave-it offer to cut rights fees …
Taylor Lorenz / Washington Post:
A history of Vine's failure to build relationships with its top creators, who Vine leadership resented for gaming the app's ranking algorithm and their humor  —  The wildly popular video app's contentious relationship with its own power users offers a cautionary tale for social platforms
The Marshall Project:
The Marshall Project launches its second local news operation in Jackson, Mississippi, where two reporters are set to start on October 2  —  Two journalists will produce enterprise and investigative journalism for audiences across Mississippi, including those affected by its criminal justice system.
Ashley Carman / Bloomberg:
Podcast company Pushkin Industries lays off 17 of its 54 employees, or 30%+ of its staff in its second round of cuts in 2023, and changes its leadership team  —  ‘The Tipping Point’ author will step into editorial director role as part of executive shakeup  —  Bestselling author Malcolm …
Amanda Zamora / The 19th:
Amanda Zamora says she will step down as publisher of The 19th at the end of 2023 and continue working on The 19th News Network in an advisory director capacity  —  After more than four and a half years with The 19th, Amanda Zamora will step down as publisher at the end of this year.
Amanda Silberling / TechCrunch:
X CEO Linda Yaccarino says that the company has paid out nearly $20M to creators; Elon Musk said in July 2023 that the first payments totaled $5M  —  The company formerly known as Twitter has paid out nearly $20 million to creators, according to a post from X CEO Linda Yaccarino.
Todd Spangler / Variety:
FilmRise acquires the worldwide digital media rights to 1,200+ hours of BuzzFeed Studios' library of content, including past episodes of Hot Ones and Worth It  —  Older episodes of Sean Evans' “Hot Ones,” the hit YouTube series in which celebs try to ingest increasingly spicy buffalo wings, has a new home.
Bob Sillick / Editor and Publisher:
A look at Agenda Watch, built by Stanford's Big Local News and which scrapes public agencies' documents to help city hall, police, and school beat reporters  —  A journalist's job can be exciting: uncovering a critical lead for a new story or elbowing aside a gaggle of other media pros to question a government official.
Washington Post:
The Supreme Court agrees to hear two cases concerning whether Florida and Texas can restrict social media companies from removing political posts or accounts  —  The justices announced Friday which cases they will add to their calendar for the term that begins Monday
Naomi Clarke / The Independent:
GB News presenter Calvin Robinson says the broadcaster suspended him for defending Dan Wootton online, making him the channel's third suspended presenter  —  Robinson hosts a religious current affairs programme on the channel. … GB News presenter Calvin Robinson has said the broadcaster …
 
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 More News: 
Nieman Lab:
Two experts warn generative AI could hurt press freedom by deepening media's dependence on tech companies and urge journalists to develop the power to shape AI
Brian Steinberg / Variety:
AMC Networks launches an ad-supported AMC+ tier for $4.99/month, featuring fewer than five minutes of ads per hour and the same programming as the ad-free tier
Sarah Scire / Nieman Lab:
Q&A with Society of Professional Journalists' treasurer, Israel Balderas, as membership numbers and revenue dwindle; its foundation still has ~$14M in the bank
 Earlier Picks: 
Drew Richardson / CNBC:
After Media Matters found NFL ads placed on white nationalist X accounts, the NFL “immediately expressed our concerns to X to understand and rectify the issue”
Emma Roth / The Verge:
Google lets publishers use a robots.txt flag to opt out of the company using their data to train its AI models, while remaining accessible through Google Search
 

 
From Techmeme:

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Mark Gurman / Bloomberg:
Sources: Apple is testing a more conversational version of Siri, dubbed “LLM Siri”, with plans to release it in spring 2026 as part of iOS 19 and macOS 16

Hannah Lang / Reuters:
Sources: a16z, Ripple, Kraken, and Circle are jostling for a seat on Trump's promised crypto advisory council, which is expected to set up a bitcoin reserve

 
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