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8:15 AM ET, August 12, 2022

Mediagazer

 Top News: 
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 …
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 …
Todd Spangler / Variety:
While Disney has more streaming subscribers than Netflix, Disney+'s US and Canada ARPU was $6.27/month in its Q3, vs. Netflix's ARPU of $15.95/month in its Q2  —  But the value of those subscriber bases is much different.  —  Domestically, for example, Disney+ generated about 39% …
RELATED:
Aisha Malik / TechCrunch:
Disney hit 221.1M global streaming subscribers in its Q3, above Netflix's 220.7M in its Q2; Disney+ had 152.1M subscribers, Hulu had 46.2M, and ESPN+ had 22.8M
Erik Hayden / The Hollywood Reporter:
Disney lowers its Disney+ subscriber forecast to between 135M and 165M by 2024, and separates its Disney+ Hotstar subscriber guidance, aiming to hit 80M by 2024
Hamish McKenzie / On Substack:
Substack's Hamish McKenzie changes his title to Chief Writing Officer from COO to emphasize the platform's respect for writers and says he'll be writing more  —  The first job title I've ever taken seriously … Audio playback is not supported on your browser.  Please upgrade.
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  —  Managing Editor, Atlanta Business Chronicle  —  See Correction/Clarification at end of article  —  Ben Chestnut is stepping …
RELATED:
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 …
Financial Times:
A look at livestreamed e-commerce, already mature and established in China, which TikTok, YouTube, Meta, Amazon, and others want to bring to the US and Europe  —  Manrika Khaira regularly broadcasts live on TikTok to her following of more than half a million people.
Tierney Sneed / CNN:
CNN, WaPo, NBC, and Scripps ask a court to unseal all documents tied to Trump's Florida home search, including those not covered by a DOJ bid to unseal warrant  —  CNN, joined by The Washington Post, NBC News and Scripps, asked a court on Thursday to unseal documents connected to the FBI search …
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 …
Marketing Brew:
Outlets like the LA Times and Vanity Fair juice traffic by buying ads in mobile game Subway Surfers, which offers rewards for viewing ads or skimming articles  —  We played Subway Surfers for three weeks.  Of 365 ads, 124 were articles from 26 different publishers.
Nellie Andreeva / Deadline:
Charter is shutting down Spectrum Originals, after launching its original scripted content initiative in 2019, as production costs increase  —  EXCLUSIVE: Charter Communications is getting out of the original programming business.  The decision to shut down Spectrum Originals comes as Katherine Pope …
Discussion: Variety, Next TV and TVLine
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.
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: @jeffjohnroberts and TechCrunch
 
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 More News: 
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
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
Discussion: Al Jazeera
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
Discussion: Digital TV Europe and TBI Vision
 Earlier Picks: 
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
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
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:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

Raffaele Huang / Wall Street Journal:
Apple removes WhatsApp and Threads from its App Store in China, saying it was ordered to do so by China's cyberspace officials citing national security concerns

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that creates a realistic talking face video from a portrait photo and an audio file, in research preview

 
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