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12:25 PM ET, June 10, 2022

Mediagazer

 Top News: 
Wall Street Journal:
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ  —  Social-media company pays more than $10 million a year to a handful of news organizations to feature their content on its news tab
Oliver Darcy / CNN:
Sources: The Washington Post fired Felicia Sonmez, the reporter who has recently been extraordinarily critical of her colleagues and the newspaper's leadership  —  New York CNN Business —  The Washington Post on Thursday fired Felicia Sonmez, the reporter who has been extraordinarily critical …
Mike Calia / CNBC:
Fired Fox News political editor Chris Stirewalt, who was criticized by Trump for calling Arizona for Biden, is testifying Monday before the January 6 committee  —  - Former Fox News political editor Chris Stirewalt, who was fired by the cable network last year, said he will testify Monday …
RELATED:
David Zurawik / CNN:
Comparisons between Thursday's January 6 hearings and those for Watergate or Army-McCarthy are misplaced given today's fragmented, on-demand, siloed media  —  (CNN Business)From a prime-time setting to hype of revelations that will “blow the roof off the House,” TV hearings set to start Thursday …
Hamish McKenzie / Disjointed:
A Substack co-founder reflects on keeping the promises of free tools and writers' ownership of their content and mailing lists, even if it means they leave  —  Reflections on a relationship with a writer who loved and then fell out of love with Substack  —  In the summer of 2018 …
RELATED:
Lulu Cheng Meservey / @lulumeservey:
[Thread] Substack VP slammed a Wired piece stating Substack “actively recruits and pays extremists” and the author's refusal to correct; Wired removes the claim  —  We keep seeing false claims about Substack that seem designed to mislead. Here's just one recent example, which the outlet refuses to correct. We believe the best way to fight misinformation is through open debate, so here are the facts. 1/x https://twitter.com/...
Bobby Allyn / NPR:
Check My Ads, a nonprofit aiming to defund disinformation by pressuring online ad exchanges, announces a campaign against Fox News' website and YouTube channel  —  A nonprofit aiming to defund disinformation online that has taken money out of the pockets of several prominent far-right websites …
Brooks Barnes / New York Times:
Sources: Disney fires Peter Rice, its head of TV content; Disney confirms Rice's top lieutenant, Dana Walden, will succeed him  —  Some in the entertainment business had seen him as a possible candidate to succeed Bob Chapek as Disney's chief executive.  —  The Walt Disney Company …
Bloomberg:
Sources: Amazon plans to withdraw from bidding for Indian Premier League cricket streaming, estimated to reach $7.7B at a June 12 auction  —  Amazon.com Inc. is planning to withdraw from a heated competition for the rights to stream Indian Premier League cricket matches …
Gabriel Stargardter / Reuters:
Sources: Brazilian police investigating the disappearance of the British freelance journalist in the Amazon are focusing on people involved in poaching  —  Brazilian police investigating the disappearance of a British journalist and an indigenous expert in the Amazon rainforest are focusing …
 
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 More News: 
Sara Guaglione / Digiday:
Time's events business is on pace to bring in at least $10M in revenue in 2022 and is projected to grow 20-30% in 2023, per the COO of Time and Time Studios
Molly Olmstead / Slate:
A look at EWTN, a Catholic media outlet that claims to reach nearly 400M households and whose news coverage over the past decade has started to mimic Fox News
Ben Hunte / VICE:
Two trans freelancers pull out of their commissions to write pieces for The Guardian's Pride special coverage over its “ingrained prejudice against trans women”
New York Times:
Warner Bros. Discovery names Luis Silberwasser as its global sports chief, responsible for NBA talks at a time when the value of live sports rights is soaring
 Earlier Picks: 
Sarah Scire / Nieman Lab:
Defector's Normal Gossip podcast, launched in early 2022, gets around 100K downloads per episode and helped boost subscription revenue for the worker-owned site
Rick Edmonds / Poynter:
Gannett is reducing daily editorial pages at its regional papers, refocusing on community dialogue, citing low readership, abundant opinions online, and more
Martin Baccardax / TheStreet:
Roku's stock closes up 9.06% after a report says employees have been discussing a possible Netflix acquisition in recent weeks; Roku is down 56.31% in 2022
 

 
From Techmeme:

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

Shubham Sharma / VentureBeat:
DeepSeek releases DeepSeek-V3, an open-source MoE model of 671B total parameters, with 37B activated per token, claiming it outperforms top models like GPT-4o

 
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