Top News:
Wes Davis / The Verge:
YouTube announces new Shorts features, including TikTok-like text-to-speech video narration, in-app auto-generated captions, and a set of Minecraft effects — YouTube has announced a set of new features for YouTube Shorts, some of which are available now, like a new text-to-speech video narration …
Discussion:
TechCrunch, @sarahpereztc, Engadget and @edwardchampion@mastodon …, more at Techmeme »
Janko Roettgers / Lowpass:
Court hearing: Redbox parent CSSE failed to pay payroll taxes for 9 months and didn't pay employees' health insurance for 2.5 months, leaving them uninsured — A jaw-dropping end to a bonkers story — In partnership with … “We had entered into an unbelievable forest fire.”
Discussion:
Variety, Screen Rant, Comic Book, The Hollywood Reporter and Wall Street Journal, more at Techmeme »
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Financial Times:
Sources: Axel Springer CEO Mathias Döpfner and KKR are in talks to break Axel Springer in two, separating media assets from its digital classifieds business — Deal would separate group's media assets from its digital classifieds operation — German billionaire Mathias Döpfner …
Discussion:
Reuters, The Information, @froomkin and @semaforben
Journal Sentinel:
Civic Media says its decision to make two pre-broadcast edits to a Biden interview on Earl Ingram's WAUK show fell short of “journalistic interview standards” — Jessie Opoien Molly BeckMilwaukee Journal Sentinel — MADISON — Civic Media, a Wisconsin-based progressive talk-radio network …
Discussion:
Mediaite, CNN, Fox News, Civic Media, New York Post, Deadline, @corbinbolies, New York Times, The Daily Beast, @grynbaum and @toussaint@newsie.social
Anne Steele / Wall Street Journal:
Sources: comedian Dax Shepard signs an $80M podcasting deal with Amazon, shifting his Armchair Expert show to Amazon's Wondery service from Spotify — New deal includes video episodes, gives Amazon's Wondery exclusive distribution and ad-sales rights — Comedian Dax Shepard has signed …
Discussion:
The Wrap, The Hollywood Reporter, Variety, Deadline, @kerrymflynn, Chris Peterson on LinkedIn and RAIN News
Brooks Barnes / New York Times:
The Hallmark Channel says it will launch streaming service Hallmark+ for $8/month in September, with on-demand access to old content and memberships perks — Hallmark+, which arrives in September, will include free greeting cards and a “Hallmark Hunk” competition show.
Discussion:
Variety, Adweek, The Desk, The Streamable, TVLine, Entertainment Weekly, The Wrap, Next TV, The Hollywood Reporter, Deadline and Alyssa Zeisler on LinkedIn
CNN:
A US jury finds Archegos Capital Management's Bill Hwang guilty of fraud for artificially inflating stocks of companies including ViacomCBS and Discovery — Bill Hwang, founder of Archegos Capital Management, was found guilty of fraud Wednesday by a Manhattan federal court after the 2021 collapse …
Discussion:
Deadline, Variety, Financial Times, The Hollywood Reporter, Associated Press, New York Times and Bloomberg
Nilay Patel / The Verge:
Q&A with Nick Thompson, CEO of The Atlantic and former EIC of Wired, on the magazine's two-year OpenAI deal, AI lawsuits, the future of search, and more — CEO Nicholas Thompson discusses the deal: 'AI is coming. It is coming quickly. We want to be part of whatever transition happens.'
Jon Lafayette / Next TV:
Ad measurement company VideoAmp says it will integrate Snap's first-party data, video, and AR ad inventory into VideoAmp's campaign planning system — Collaboration will enable advertisers to reach audiences across linear, streaming and digital platforms — VideoAmp said it made a deal enabling …
Discussion:
StreamTV Insider, Snapchat Advertising, Rachel Blank on LinkedIn, Advanced Television, Ad Age and Beet.TV
Daniel Tencer / Music Business Worldwide:
Ticketmaster and Shazam announce a partnership letting artists link their live events in Shazam, adding to Ticketmaster's integration with Snap and TikTok — After integrating its ticket sales platform with Snap and TikTok, ticketing giant Ticketmaster is taking another step towards sales …
Discussion:
Billboard, CMU, Music Ally, Ally Norton on LinkedIn and Digital Music News
Reuters:
Source: Turkey is seeking an explanation from Saudi Arabia for detaining a Turkish journalist who allegedly made comments about the murder of Jamal Khashoggi — Turkey is seeking an explanation from Saudi Arabia after Saudi police detained a Turkish journalist over alleged comments …
Discussion:
Committee to Protect …
Brian Steinberg / Variety:
Brian Lowry, the veteran Hollywood reporter, critic, and a contributor to CNN's Reliable Sources newsletter, is set to leave in the new round of CNN job cuts — The news outlet is cutting approximately 100 jobs as it works to boost its digital business.
Discussion:
Cord Cutters News, @tvmojoe, @blowryontv, The Wrap and Talking Biz News
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Claire Atkinson / The Media Mix:
Sources: CNN lays off the team producing its Opinion section, with an end date of August 9; a source says Senior Editor Sheena McKenzie is among those leaving
Discussion:
@simondowens@threads.net, @newspolitics, Axios and @bsdtectr.bsky.social
Wall Street Journal:
Memo: Mark Thompson says CNN is cutting about 100 jobs, plans to launch its first CNN.com subscription product later in 2024, but offers few details, and more
Discussion:
CNN, Nieman Lab, Media Nation, Associated Press, @farhip, Broadband TV News, @heysamantha, Adweek, The Verge, @mattdpearce, Deadline, Media Voices, @kevincollier, @sfiegerman, @iyengarish, Variety, Breitbart, @rasmus_kleis, The Wrap, @pressgazette, @alexweprin, @bristei, @brianstelter, @bristei, The Media Mix, Talking Biz News, Brian Steinberg on LinkedIn, Mediaite, MediaPost, Jeremy Moore on LinkedIn, Hartford Courant, New York Times, The Hollywood Reporter, The Media Leader, The Information, New York Post, Reuters and Cord Cutters News
Andrew Deck / Nieman Lab:
Q&A with filmmaker Errol Morris on his 1988 The Thin Blue Line documentary, generative AI, disinformation, reenactment, his new Separated documentary, and more — “Our task is to get back to the real world, to the extent that it is recoverable.” — Errol Morris is used to being called a liar, a trickster, and a manipulator.
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