Top News:
Lucas Shaw / Bloomberg:
Sources: Spotify's difficulties of lining up partnerships have delayed its super premium service, which Spotify has been talking about for a couple of years — The company has spent a couple years talking about a more-expensive version of its music service for superfans. Where is it?
Discussion:
How-To Geek and Android Police
RELATED:
Financial Times:
Spotify Co-President and CBO Alex Norström says price increases are “part of our toolbox now”, adding that they will be accompanied by new services and features — Price increases and cost-cutting led to streamer's first annual profit last year
Discussion:
Benzinga, PhoneArena, Moneycontrol and Daily Sabah, more at Techmeme »
Ashley Carman / Bloomberg:
How Spotify's Discovery Mode has become the new normal in music marketing, five years after its 2020 launch when it faced a backlash and “payola” accusations — Spotify's Discovery Mode allows rightsholders to boost their songs in exchange for a lower royalty rate. Most everyone is using it.
Discussion:
Ashley Carman on LinkedIn, more at Techmeme »
Rebecca Rubin / Variety:
Netflix's theatrical debut of KPop Demon Hunters is estimated to earn $18M-$20M this weekend, topping the domestic box office; it came out on Netflix in June — In a box office twist, a film from the theatrical-averse Netflix appears to be No. 1 on North American charts.
Discussion:
The Hollywood Reporter, Associated Press, Financial Express, Screen, DIPE.CO.KR, Chris Heatherly on LinkedIn, @resonantjustice, @vivziepop.bsky.social, Showbiz411, Forbes, @erikdavis, @mattbelloni, Comic Book, @luiz_fernando_j, @ercboxoffice, @lucas_shaw, Boxoffice Pro, Vulture, Collider, @discussingfilm, Digital Music News, CBR, The Wrap, @resonantjustice, Animation Magazine, TechCrunch, @radsechrist, @great_katzby, Just Jared, Deadline and r/boxoffice
Oliver Darcy / Status:
Q&A with Wired's global editorial director Katie Drummond on how it is impossible to disambiguate tech from politics as the US turns toward authoritarianism — The lines between Silicon Valley and Washington have blurred beyond recognition, necessitating a news organization that is fluent in both worlds.
Tatum Hunter / Washington Post:
Vertical streaming apps charging $20/week are beating Netflix and other SVOD platforms in user growth with their mini-dramas optimized for mobile viewing — Streaming apps that charge $20 a week for absurd, 60-second soap operas are winning audiences that rival Hulu and Paramount+.
Discussion:
The Indian Express, more at Techmeme »
Rebecca Rubin / Variety:
Comscore: US box office revenue from May 1 have reached $3.53B, making it clear sales will be short of the $4B summer threshold, last attained in 2023 — Heading into the summer, Hollywood was bullish that several promising blockbusters would be able to propel ticket sales above $4 billion for only the second time since the pandemic.
Discussion:
CNBC
CNBC:
A profile of Gunnar Wiedenfels, the “hard-nosed accountant” who is WBD CFO and future Discovery Global CEO after the split from WBD, managing CNN, HGTV and TNT — By day, Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global …
Discussion:
Adweek and Awful Announcing
Matt Donnelly / Variety:
Sources: Disney is on the hunt for original movie concepts to lure young men aged 13-28 back to the brand, as audiences dwindle for the superhero genre — Cinderella and Sleeping Beauty aren't the only ones looking for a prince. — Leadership at Walt Disney Studios has been pressing Hollywood creatives …
Brent Lang / Variety:
Sources: Paramount layoffs could affect 2,000 to 3,000 employees and are expected by early November; Paramount had 18,600 employees globally as of December 2024 — After closing its merger with Skydance this month, Paramount is poised to enact deep staffing cuts across its various divisions …
Discussion:
Screen Rant, Gamereactor UK, TheDesk.net, Reuters, @mildpeach@mstdn.social, Reuters, The Wrap, Cord Cutters News and Deadline
Sarah Perez / TechCrunch:
Bluesky blocks access to its service in Mississippi, saying it doesn't have the resources to comply with the state's broad new law requiring age verification — Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law.
Discussion:
Bluesky, Silicon Republic, Social Media Today, Techreport, Breitbart, MediaPost, Mississippi Free Press, The Verge, @krassotkin.bsky.social, PCMag, Mashable, @mac-b5.stickimporters.com, @andytseng.bsky.social, Engadget, @sronmar.bsky.social, @malketchupstain.bsky.social, @taylorlorenz, @taylorlorenz, @spiderfrommars.bsky.social, Chronology, Tom's Guide, P.V. Poseur, @racebannon.bsky.social, @joeo10@mastodon.sdf.org, @acvalens.net, Wired, @thenexusofprivacy …, @thesammon.com, @klonick.bsky.social, TheDesk.net, @Sheep_Overboard@infosec …, @annie1x.bsky.social, @ajsta.bsky.social, @ulfrgrimdark.bsky.social, @paullecomtephoto.nz, @dell.bsky.social, @newsguy.bsky.social, @tommorris@mastodon.social, @EveHasWords@toot.cat, PC Gamer, Six Colors and Breakfast At Ralf's
Eric Benson / Rolling Stone:
A look at the collapse of narrative podcasts, facing high production costs and limited ad revenue, despite overall podcast listenership reaching all-time highs — When a new longform medium sprung up in the mid-2010s, journalists flocked to it. Then almost as quickly as it appeared, it was gone
Discussion:
Matthew Nelson on LinkedIn, Kamilah Kashanie on LinkedIn, @justinling.ca, Defector and Barrett Media
RELATED:
Ben Koo / Awful Announcing:
Sources: ESPN has removed its paywall on most written content, after requiring an ESPN+ subscription for previously free articles on its site starting in 2020 — As we and many other digital outlets are well aware, producing ad-supported written content is a tough business.
Discussion:
@jasrifootball, @bkoo, @glenngabe, @awfulannouncing, Hoops Wire, MediaPost and TVNewsCheck
