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4:45 PM ET, August 9, 2022

Mediagazer

 Top News: 
New York Times:
Peter Kafka / Vox:
Axios, Politico, Punchbowl, and other Washington-focused outlets owe a lot of their success to ad deals with Meta, Alphabet, and other Big Tech companies  —  Money from Meta — and the rest of Big Tech — is pouring into Washington publications.  —  Axios is an against-the-grain success story …
Sara Fischer / Axios:
Kara Swisher plans to stop hosting the Code Conference after the 2022 edition to focus on new projects that explore topics beyond tech and reach more people  —  After 20 years, this year's annual Code Conference from Vox Media will be Kara Swisher's last year hosting and organizing the event, Swisher told Axios.
Discussion: @taylorlorenz and @sarafischer
Anna Menta / Decider:
Warner Bros. movies are no longer guaranteed to hit HBO Max after 45 days in theaters; source: the company will decide streaming dates on a “case-by-case basis”  —  After 48 hours of industry rumors, speculation, and panic over HBO Max, a clearer picture is starting to form.
RELATED:
Cynthia Littleton / Variety:
Hollywood's streaming evangelism seemingly ends, as WBD shelves Batgirl and David Zaslav says costly movies going straight to streaming offers no economic value
Zachary Leeman / Mediaite:   John Oliver criticized Warner Bros. Discovery on his August 7, 2022 show, saying his “new business daddy” is “burning down my network for the insurance money”
Reuters:
AppLovin offers to buy Unity for $58.85 per share, an 18% premium to Unity's Monday closing price, in a $17.54B all-stock deal; AppLovin's stock drops 10.29%  —  Gaming software company AppLovin Corp (APP.O) on Tuesday made an offer to buy peer Unity Software Inc (U.N) in a $17.54 billion all-stock deal …
Aisha Malik / TechCrunch:
Spotify gives its Android app's home screen separate feeds for Music and Podcasts & Shows to better highlight recommendations, will bring the change to iOS soon  —  Spotify announced today that it's launching a new Home experience that includes separate feeds for “Music” and “Podcasts & Shows.”
Max Goldbart / Deadline:
The UN raises “grave concerns” with Iran over the treatment of BBC News Persian staff, as Iran claims BBC journalists aimed to “overthrow the Islamic Republic”  —  In an unprecedented move, the United Nations has formally raised “grave concerns” with Iranian officials …
Discussion: Variety
Scott Roxborough / The Hollywood Reporter:
German public broadcaster RBB's director, Patricia Schlesinger, resigned on Sunday, amid media reports she used public funds to bankroll a luxury lifestyle  —  Patricia Schlesinger, head of Berlin public broadcaster RBB, resigned Sunday amid media reports she used public funds to bankroll …
Wall Street Journal:
Despite YouTube suspending hundreds of Kremlin-linked channels, Russia has yet to ban the service, some argue because the Kremlin views it as too big to block  —  Access to the video site allows Russians access to one of the few sources of independent information about the Ukraine war
Sara Fischer / Axios:
Sports media startup Overtime, which targets Gen-Z and millennials, has raised a $100M Series D led by Liberty Media, a source says at a $500M+ valuation  —  Overtime, a sports media company targeting Gen-Z and millennials, has raised $100 million in series D funding, its co-founder and president Zack Weiner told Axios.
New York Times:
Russia has rerouted internet traffic in occupied Ukrainian territories through Russian networks since June 2022, blocking uncensored information and services  —  Internet traffic in Kherson is being diverted through Russia  —  Internet routing data for a service provider …
 
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 More News: 
Margaret Moffett / The Assembly:
A look at the decline of News & Record, a Greensboro, North Carolina newspaper, starting under Landmark and continuing under BH Media and Lee Enterprises
Sara Fischer / Axios:
Miami-based Column, a public benefit company offering software to streamline placing public notices in newspapers, raised a $30M Series A led by Lux Capital
Scott Fybush / Current:
How Appalshop's WMMT, an eastern Kentucky community radio station, and the region's NPR station struggled to report on and recover from recent historic flooding
 Earlier Picks: 
The Guardian:
News Corp reports Q4 revenue up 7% YoY to $2.67B, $127M net income, WSJ subscriptions up 8% YoY to 3.7M+, and full year 2022 net income up 95% YoY to $760M
Rick Edmonds / Poynter:
A look at the diverging fortunes of The New York Times and Gannett, as a recent internal memo shows 88% of Gannett's subscription revenue still comes from print
 

 
From Techmeme:

Robert McMillan / Wall Street Journal:
A profile of CrowdStrike, founded in 2011 and used by 300 companies in the Fortune 500; Gartner: CrowdStrike has ~15% of the global security software market

Dean Takahashi / VentureBeat:
Over 200 Bethesda Game Studios workers unionize with the CWA, forming the first “wall-to-wall” union at a Microsoft game studio; Microsoft recognized the union

Joseph Cox / 404 Media:
The UK and US announce the arrest of a 17-year-old boy from Walsall, UK, suspected of being connected to the ransomware attack against MGM Resorts in 2023

 
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