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2:30 PM ET, October 14, 2022

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 Top News: 
Bloomberg:
Turkey passes a “disinformation” law ahead of its 2023 elections, mandating one to three years in jail for sharing online content deemed as “false information”  —  Turkey criminalized the spread of what authorities describe as false information on digital platforms …
Charles Pulliam-Moore / The Verge:
Netflix says Basic with Ads will cost $6.99/month in the US and debut on November 3 in 12 countries, offering most titles, at up to 720p, and without downloads  —  Starting in November, Netflix will finally roll out its new ad-supported tier for just a few bucks a month …
RELATED:
Lucas Shaw / Bloomberg:
How Netflix plans to fight slowing growth, including quickly building an ad tier; Netflix accounts for ~8% of all US TV viewership, the most of any network  —  Around noon on Wednesday, March 16, hundreds of Netflix Inc. employees gathered on the second floor of the Anaheim Hilton Hotel expecting to hear good news.
Sara Fischer / Axios:
Meta will end support for Instant Articles, source says in mid-April 2023, giving news publishers six months to readjust their Facebook strategies  —  Meta is ending support for Instant Articles, a proprietary mobile format it debuted in 2015 to quickly load news articles on the Facebook app, Axios has learned.
Bloomberg:
AdImpact projects $9.7B in midterm campaign advertising; Sinclair: H1 political revenue was up 20% from 2020; Nexstar: Q2 political revenue up ~80% over Q2 2020  —  Political ads are rolling in at a record pace at TV stations across the US, especially in states with tight races that may decide which party controls the Senate.
Jen Wieczner / New York Magazine:
A profile of WSJ's chief economics correspondent Nick Timiraos, who has become a kind of economic indicator in his own right as he covers the US Federal Reserve  —  Or, at least, that is Nick Timiraos's reputation on Wall Street and in Washington.  —  When financial reporters enter …
Max Read / Read Max:
Ex-Gawker EIC Max Read reviews his Substack newsletter after a year with no Twitter presence: 13,185 subscribers, 926 paying, and a $50K annualized revenue  —  Greetings from Read Max HQ!  Next week, this newsletter turns one year old.  For the sake of commemorating the milestone …
RELATED:
Hamish McKenzie / On Substack:
Instead of other newsletter platforms, Substack should be compared to services giving creators direct relationships with fans, like Shopify, Twitch, and Patreon
David Bauder / Associated Press:
NBC reporter Dasha Burns draws criticism for saying Pennsylvania Senate candidate John Fetterman was bad at small talk when his closed-captioning device was off  —  An NBC News correspondent who interviewed Pennsylvania Senate candidate John Fetterman says an on-air remark …
Dan Primack / Axios:
Skydance Media, the studio behind the Mission Impossible, Jack Reacher, and Terminator films, raised $400M led by KKR at a $4B+ valuation  —  Skydance Media, the Hollywood studio behind “Top Gun: Maverick,” on Thursday announced that it raised $400 million in new funding at a valuation north of $4 billion.
 
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 More News: 
North Carolina Local News Lab Fund:
The North Carolina Local News Lab Fund announces a $1.05M gift from the Kate B. Reynolds Charitable Trust; most of the funds will go to general operating grants
Terrence McCoy / Washington Post:
How negligence by Bolsonaro's government may have enabled the murder of UK journalist Dom Phillips in Brazil, including by letting poachers thrive in the Amazon
Matthew Keys / The Desk:
AMC Networks expands AMC+ to Spain, South Korea, and India, and says the company has nearly 11M global paying customers, on track to hit 20M to 25M by 2025
 Earlier Picks: 
Foo Yun Chee / Reuters:
Sources: the EU could file antitrust charges against Google over its ad business in early 2023, putting the company at risk of its fourth €1B+ fine
Discussion: Euractiv
Mike Masnick / Techdirt:
The US DOJ's filing opposing Jason Leopold's fee request for a FOIA lawsuit includes petty personal attacks on a journalist using a law for its intended purpose
Dade Hayes / Deadline:
TikTok announces Showtimes, an ad format that lets movie studios post full trailers as well as direct users to local theater information and ticketing partners
Todd Spangler / Variety:
MoffettNathanson: Netflix released a record 1,026 original TV episodes in Q3 2022, compared to Prime Video's 223, Hulu's 194, Disney+'s 140, and WBD's 114
Jack Queen / Reuters:
A Connecticut jury awards $965M+ in damages to Sandy Hook families of children and staff members in the second defamation trial against Alex Jones and Infowars
Discussion: Forbes, New York Times, BBC, Slate, Newser, NBC News, @brandyzadrozny, @oneunderscore__, Wired, The Daily Beast, Associated Press, Frederick's Newsletter, Making It All Click, @oneunderscore__, @oneunderscore__, Media Matters for America, Insider, The Hill, @ehananoki, @ericalaff, @ehananoki, CNN, @oneunderscore__, Dangerous Understanding …, @zekejmiller, @repkclark, Wall Street Journal, The Wrap, @juliettekayyem, @robertpicardo, The Guardian, New York Times, Washington Post, The Week, New York Post, @therecount, American Press Institute, @brandyzadrozny, @gretchencarlson, @berniceking, @dougjones, @newtownaction, Rolling Stone, IndieWire, @razarumi, @tristansnell, @mariashriver, Talking Points Memo, @josephsakran, KTLA, NBC Los Angeles, @phil_lewis_, @jaredlholt, @alexisconran, @davidcorndc, @meidastouch, @kimiversenshow, @jemelehill, @cwarzel, @axios, @molly_knight, @cwarzel, @jrpsaki, @pwnallthethings, @goangelo, @jjmacnab, @owillis, @schotthappens, @davelevinthal, @kim, @willsommer, @annamerlan, @annamerlan, @annamerlan, @ugarles, @willsommer, @nycsouthpaw, @mattgertz, @oneunderscore__, @shannonrwatts, @pwnallthethings, @lawofruby, @shannonrwatts, @maddowblog, CBS News, Letters from an American, Dana Loesch's Chapter …, Law & Crime, Deadline, CNET, UPROXX, The A.V. Club, Politico, Axios, New York Daily News, Vanity Fair, NBC News, Variety, Know Your Meme, Mother Jones, Mediaite, Vox, New York Magazine, TMZ.com, Al Jazeera, Boing Boing, The Verge and Bloomberg