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4:45 PM ET, October 10, 2023

Mediagazer

 Top News: 
Casey Newton / Platformer:
As X fails to moderate Israel-Hamas misinformation, Meta has an opportunity to make real-time news a pillar of Threads and give the app an existential purpose  —  Three months into its existence, the app's purpose may be coming into focus — if Meta will embrace it
RELATED:
Wired:
As the Israel-Hamas war escalates, a look at the hacktivism on both sides, including outside hackers defacing and DDoSing government websites and media outlets  —  Since the conflict escalated, hackers have targeted dozens of government websites and media outlets with defacements and DDoS attacks …
Katy Migiro / Committee to Protect Journalists:
Three Palestinian journalists have been killed while reporting on the Israel-Hamas war, shrapnel injured another, and two Palestinian photographers are missing  —  The Committee to Protect Journalists said on Monday that it was deeply disturbed by reports that at least six journalists …
RELATED:
Wall Street Journal:
Sources: activist investor Nelson Peltz's Trian Fund, now one of Disney's largest investors with a $2.5B+ stake, is planning a fresh push for Disney board seats
Katie Robertson / New York Times:
The Washington Post is offering voluntary buyouts over the next few weeks, aiming to cut ~240 jobs out of 2,500 to offset digital subscription and ad challenges  —  The publication has struggled to grow subscriptions in recent years.  —  The Washington Post is cutting about 240 jobs across the company …
Alex Weprin / The Hollywood Reporter:
Memo: Condé Nast Entertainment President Agnes Chu is set to leave at the end of October in a reorganization combining editorial, branded content, and video  —  The executive joined the company from Disney in 2020.  —  Condé Nast is shaking up its video and editorial content structure …
Discussion: The Wrap, Variety and @annaknicolaou
Sahil Patel / The Information:
Source: as of about June 2023, Netflix's ad sales and ad-supported subscriber numbers were roughly half what the company initially projected internally for 2023  —  Turning Netflix into an advertising goliath is proving tougher than the video-streaming giant expected.
Dominic Ponsford / Press Gazette:
Stuart Dredge / Music Ally:
London-based Audoo, whose Audio Meter identifies music played in public to gather more accurate data for royalties, raised $5M, taking its total funding to $22M  —  Can you feel the love tonight (well, this morning) for British startup Audoo?  It has raised a new $5m funding round led …
Wayne Friedman / MediaPost:
Paramount Global and iSpot.tv partner to “measure and transact” national TV ad campaigns using iSpot metrics for Paramount's US media and streaming properties  —  Deepening more alternative-currency agreements among major TV network-based media companies, Paramount Global has struck …
Discussion: Adweek and Radio & Television …
 
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 More News: 
Etan Vlessing / The Hollywood Reporter:
Imax shareholders vote down a proposed $124M deal to acquire the 28.5% stake in Imax's Shanghai-based Imax China unit that the company does not already own
Discussion: The Wrap and Reuters
 Earlier Picks: 
Deadline:
The WGA ratifies its new three-year AMPTP contract, following 8,435 “yes” votes and 90 “no” votes, after ending the guild's 148-day strike on September 27
Duncan Miriri / Reuters:
Netflix plans to end its free mobile tier in Kenya, which offered 25% of its shows and movies, after two years on November 1, and rolls out a ~$6/month ad tier
Amit Gurbaxani / Music Ally:
Spotify adds listening restrictions to its free tier in India to drive paid subscriptions; India is one of Spotify's top five markets by MAUs but not by revenue
Washington Post:
Investigation: earlier in 2023, Vietnam tried to plant Predator spyware on the phones of US Congress members, CNN journalists, and US policy experts via X posts