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3:40 PM ET, October 14, 2022


 Top News: 
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 …
Sara Fischer / Axios:
Meta plans to end support for Instant Articles, a 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.
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 …
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 …
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.
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 …
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  —  Or the creator economy, for that matter  —  When we started Substack in 2017, we told people that we made it simple to start a paid subscription publication.
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
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
 Earlier Picks: 
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
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