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Casey Newton / Platformer:
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why
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Variety, Wired, @pierce, Gizmodo, Kulturpop, Fortune, @lisatozzi, @parismartineau, @michaelmiraflor, @rob_sheridan, @laurengoode, @brianoliu, @carnage4life, That Was The Week, @brianstelter, @dz, @carnage4life, @seyitaylor, The Wrap, @frankpallotta, @kelsaywhat, @oduneweniyi, @delia_cai, @fabiochiusi, @reckless, Wall Street Journal, @kateconger, Big Technology, Dirt, The Guardian, PARADE Magazine, Slate, Social Media Today, Mashable, The Information, Ed Zitron's Where's Your Ed At, Insider, BuzzFeed News, TechCrunch, 9to5Mac, Digital gefesselt, Adweek, The Week, Ad Age and dont be boring, more at Techmeme »
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Bloomberg:
As advertisers struggle with Reels, Meta tries to ease them into the format, including, sources say, by encouraging them to test their video ads on TikTok first — Reels — the short videos that Facebook and Instagram are pushing — are getting more popular, parent company Meta Platforms Inc. says.
Discussion:
@sarahfrier, Gizmodo, Insider and The Verge, more at Techmeme »
Sara Fischer / Axios:
Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …
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The Unraveling, CNET, Protocol, Gizmodo, @mikeorren, @mmasnick, @jamesrbuk, @drewmcweeny, Newser, @rmc031, @joshelman, @jeremylittau, @jeremylittau, The Verge, @jeremylittau, @jeremylittau, @jeremylittau, @mathewi, @edzitron, @jason, @dennisjromero, @elipariser, @jeremylittau, @zigmanfreud, @scottbrodbeck, @yoda, @wickdchiq, @davidfolkenflik, @mattbrownep, @amasna, @raph_bloch, Social Media Today, @sarafischer, Wall Street Journal and Columbia Journalism Review, more at Techmeme »
Brian Welk / The Wrap:
The HFPA plans to sell the Golden Globes to CEO Todd Boehly's Eldridge Industries, which will create a company to manage the assets; the charities stay separate — The Hollywood Foreign Press Association has shed its non-profit status and agreed to sell the Golden Globes …
Discussion:
The Hot Button, Los Angeles Times, @sharonwaxman, Deadline, HFPA, Variety, @wearlbrown, @scottfeinberg, The Hollywood Reporter and IndieWire
Kate Aurthur / Variety:
Over 400 TV creators and showrunners demand that Netflix, Disney, WBD, NBCU, Apple, and others publish policies to protect employees in abortion-banning states — On Thursday morning, a collective of more than 400 television creators and showrunners sent a letter to top-level executives at Netflix …
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@kateaurthur, @stephanielaing, @allcharisma, @janevandis, @caissie, @henderson_joe, @cadlymack, @itslizhannah, @thelizfeldman, @lenadunham, @melissahilfers, @meganeabbott, @atticalocke, @susanmcp1, UPROXX, @jholtham, UPI, @adamconover, @liztigelaar, @lizalps, Too Much TV Newsletter, @alinebmckenna, @brooke, @wendymolyneux, @junkyardmessiah, @brendengallager, Los Angeles Times, The Wrap, IndieWire, 9to5Mac, Rolling Stone, Deadline and Forbes
Todd Spangler / Variety:
Roku misses with Q2 revenue up 18% YoY to $764M, vs. $805.2M est., 200M fewer streaming hours at 20.7B, and 1.8M active accounts added to 63.1M; stock down 25%+ — Roku fell short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.
Discussion:
Roku, Insider, The Wrap, Adweek, @xpangler, TechCrunch, @shortl2021, @data168, @xpangler, @dadehayes, @adweek, CNBC, Deadline, The Streamable and MediaPost, more at Techmeme »
Alex Sherman / CNBC:
NBCUniversal reports Q2 revenue up 18.7% YoY to $9.4B and adjusted EBITDA up 19.5% YoY to $1.9B; Peacock lost $467M as its subscribers stayed flat QoQ at 13M — - Comcast's broadband subscribers were flat at 32.2 million for the quarter. The company said it lost 30,000 this month alone.
Kif Leswing / CNBC:
Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022 — - Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker.
Discussion:
MacRumors, @kifleswing, @charlesadler, @timkhiggins, @jyarow, UPI, Insider, 9to5Mac, Wall Street Journal, AppleInsider and Bloomberg, more at Techmeme »
Jonathan M. Katz / The Racket:
A writer details how a podcast plagiarized his work, a widespread issue as demand for podcast content exceeds the amount of original reporting by journalists — A podcast I'd never heard of before stole my work. I'm not alone. — A year ago, after half a decade of original research …
Rebecca Rubin / Variety:
Warner Bros. Discovery hires Alan Horn as a consultant; Horn left Disney in 2021 after serving as The Walt Disney Studios' chief creative officer and co-chair — Disney's former chief creative officer Alan Horn is joining Warner Bros. Discovery. — Horn, who retired from Disney in 2021 …
Discussion:
@richlightshed, @loudmouthjulia, @sherazfarooqi_, @blackmajikman90, Observer and The Wrap
Sarah Blaskey / Miami Herald:
How Florida Power & Light bankrolled and controlled the Capitolist, which portrayed itself as a feisty independent outlet, to bash Florida Power & Light critics — When Florida Power & Light faced a spate of bad publicity and political blowback, a small but ambitious news website called …
Discussion:
@blaskey_s, @bgrueskin, Substack, @carlosgsmith, @matthewdalywdc, @racheyy_marie, @conarck, @evesamples, @samjmintz, Occupy Democrats, Gizmodo, Poynter and The Guardian
Sarah Perez / TechCrunch:
YouTube rolls out a new tool that lets creators select up to 60 seconds of any video they posted and turn it into Shorts content, available on Android and iOS — YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok.
Discussion:
Mashable, The Verge, @killedbygoogle, Social Media Today and Tubefilter, more at Techmeme »
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