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9:45 AM ET, August 18, 2022

Mediagazer

 Top News: 
Todd Spangler / Variety:
Nielsen: in July, for the first time, streaming had the largest share of US TV viewing at 34.8%; cable and broadcast had 34.4% and 21.6%, respectively  —  Americans now watch more stuff on TV from streaming services than either broadcast or cable TV.  —  Streaming platforms, led by Netflix …
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Alex Barker / Financial Times:
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV  —  Ofcom survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
Alex Barinka / Bloomberg:
As part of its ban on political ads, TikTok will remove paid political posts by influencers; election-related posts will be reviewed and could be throttled  —  TikTok is reinforcing its ban on influencers on posting paid political content, one of the steps the social network is taking to shore …
Mark Gurman / Bloomberg:
Netflix iOS app code suggests the ad-supported tier, arriving in early 2023, won't let users download shows for offline viewing or skip ads  —  Netflix Inc. isn't planning to let users of its new ad-supported tier download shows and movies to their devices for offline viewing …
Thomas Seal / Bloomberg:
GB News co-founders Andrew Cole and Mark Schneider and Warner Bros. Discovery will sell their stakes in GB News as part of a £60M fundraising round  —  Warner Bros. Discovery Inc. will sell its stake in British television startup GB News as part of a £60 million fundraising round.
Discussion: Deadline and @chrismsutcliffe
Sara Fischer / Axios:
Meta updates its political ads policy before the US midterms, including banning edits for political, social, and electoral ads running one week prior  —  - Ads that present new claims in the final days of an election may be difficult to contest or fact-check in time.
Esther Kezia Thorpe / Media Voices:
A look at the growth of print subscriptions for news-focused magazines with little advertising in the UK, including The Economist, The Spectator, and The Week  —  The stereotypical print magazine is jam-packed with advertising.  September issues of fashion magazines in particular used …
Taylor Lorenz / Washington Post:
Timbaland and Swizz Beatz sue Triller, alleging the short-form video app owes them $28M+ after acquiring live-streaming music series Verzuz and missing payments  —  Triller bought music series Verzuz for an undisclosed sum in January 2021.  Now its creators say they're still owed money.
 
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 More News: 
Scott Roxborough / The Hollywood Reporter:
German media giant RTL Group launches RTL+ Musik to stream video, including movies, TV, and news, and audio, including music, podcasts, and radio channels
 Earlier Picks: 
Blake Brittain / Reuters:
The US government backs Lynn Goldsmith's legal claim that Andy Warhol infringed her copyright on a photo of Prince; the Supreme Court hears the case in October
 

 
From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

 
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