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6:15 PM ET, August 11, 2022

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RELATED:
Sarah Whitten / CNBC:
Disney beats with Q3 revenue up 26% YoY to $21.5B, vs. $20.96B est., 14.4M new Disney+ subscribers, and 221M total streaming subscribers
Todd Spangler / Variety:
Disney announces Disney+ Basic, its ads tier for $7.99 per month, launching in the US on December 8, and raises the ad-free price from $7.99 to $10.99 per month
Twitter:
Twitter outlines its Civic Integrity Policy ahead of the US midterm elections, including state-specific hubs featuring local news and better account protections  —  Twitter is the place to find real-time, reliable information about the 2022 midterms - whether you're looking for breaking news from reporters …
Scott Deveau / Bloomberg:
Activist investor ValueAct Capital takes a 7% stake in The New York Times and urges an aggressive rollout of subscriber-only bundles; NYT's stock jumps 10%+  —  Activist investor ValueAct Capital Management has built a new position in the New York Times Co., contending the iconic newspaper company …
Rasha Al Aqeedi / New Lines Magazine:
Veteran Iraqi actress and talk show host Enas Taleb plans to sue The Economist for using her picture as an example of “fat” Arab women in a July 28, 2022 story  —  The British newspaper ran a story about the epidemic of obesity among Arab women and used the photo of Enas Taleb to illustrate the phenomenon
Sara Guaglione / Digiday:
Fortune, Bloomberg, Forbes, Gizmodo, and Money are growing their dedicated blockchain and crypto teams, even amid a bear market, to better explain the tech  —  The week the cryptocurrency market crashed in mid-June, Fortune sent Jeff Roberts an offer to become its crypto editor and oversee building a team of reporters.
Discussion: TechCrunch and @jeffjohnroberts
Asif Shahzad / Reuters:
Pakistan's interior minister says TV channel ARY TV will face sedition charges for airing comments made by an adviser of former Prime Minister Imran Khan  —  A close aide to Pakistan's former Prime Minister Imran Khan and a local media house will face sedition charges, accused of inciting mutiny …
Discussion: Al Jazeera
Todd Spangler / Variety:
Fox Entertainment plans to expand its free, ad-supported streaming service Tubi to Costa Rica, Ecuador, El Salvador, Guatemala, and Panama later in August 2022  —  Fox Entertainment's Tubi is upping its free-streaming game in Latin America, set to launch in five countries in the region later this month.
Discussion: Media Play News
Scott Roxborough / The Hollywood Reporter:
Paramount plans to launch Paramount+ in Italy on September 15, Germany and France “in the coming months”, and “all major European markets” by the end of 2022  —  The Italian launch for Paramount's streaming platform will be quickly followed by bows in Germany and France later this year.
Etan Vlessing / The Hollywood Reporter:
Chicken Soup for the Soul Entertainment, which owns the streaming service Crackle, completes its acquisition of Redbox in a $375M all-stock deal  —  The acquisition bolsters the combined entity's presence in the fast-growing ad-supported streaming space.  —  Crackle streaming service owner …
Discussion: The Streamable, Variety and @zaackhunt
The NewsGuild:
Hundreds of Gannett newsroom employees protested for better pay and fewer staff cuts, reacting to threats of layoffs following the company's Q2 earnings report  —  Hundreds of workers employed by Gannett-owned newsrooms are taking a coordinated lunch break today in response to a string …
Nieman Lab:
A look at the pros and cons of Canada's Online News Act, which could be made more inclusive but has greater transparency than Australia's news bargaining bill  —  While many governments around the world have begun to more actively engage in the journalism policy space in recent years …
 
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 More News: 
Eric Mandel / Atlanta Business Journal:
Mailchimp co-founder Ben Chestnut plans to step down as CEO after 21 years and transition to a founder-advisor role; Intuit's Rania Succar will take over
Kristin Robinson / Billboard:
Docs and sources: how two men in Phoenix, Arizona ran one of the largest known YouTube music royalty scams, leading to a 30-count indictment in November 2021
 Earlier Picks: 
Bloomberg:
Sources: Apple signed a Futuro Studios deal to fund podcast development and production in exchange for the first look to turn any podcast into a film or TV show
Oliver Darcy / CNN:
Memo: The Washington Post media critic Margaret Sullivan is retiring her column at the end of August 2022 and will join Duke University as a visiting professor
 

 
From Techmeme:

Kim Zetter / Wired:
AT&T appears to have paid a member of ShinyHunters $370K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of its customers

Lauren Thomas / Wall Street Journal:
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B; Wiz raised $1B at a $12B valuation in May 2024

Wes Davis / The Verge:
Apple approves the first PC emulator for iOS, UTM SE, weeks after initially rejecting and barring it from being notarized for third-party app stores in the EU

 
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