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8:15 PM ET, June 20, 2023

Mediagazer

 Top News: 
Jon Henley / The Guardian:
Report: Germany's Bild plans to replace a range of editorial jobs with AI as part of a €100M cost-cutting program expected to lead to hundreds of redundancies  —  Hundreds of redundancies expected as Axel Springer tells staff certain roles will ‘no longer exist as they do today’
Ashley Carman / Bloomberg:
Source: Spotify plans a more expensive “Supremium” tier with HiFi audio, audiobooks, and more, launching outside the US later in 2023; Premium costs $9.99/month  —  Spotify Technology SA is planning a more expensive subscription option that's expected to include high-fidelity audio …
RELATED:
Todd Spangler / Variety:
Spotify signs Trevor Noah for a weekly podcast, available across multiple platforms, set to debut later in 2023, signaling continued interest in big-name talent  —  The weekly podcast will blend Noah's “signature humor and razor-sharp wit with his global perspective to deliver a unique …
Lauren Feiner / CNBC:
Gannett sues Google over its alleged ad tech monopoly, claiming that online readership has grown while online ad spending has decreased for publishers  —  - USA Today publisher Gannett is suing Google for allegedly illegally monopolizing the advertising technology market.
Lucas Shaw / Bloomberg:
Sources: Ryan Murphy, the creator of Glee and American Horror Story, plans to leave Netflix for Disney; Murphy joined Netflix in 2018 for a reported ~$300M  —  Superstar TV show creator Ryan Murphy is planning to leave Netflix Inc. for Walt Disney Co., where he would be reunited with the executives …
Jake Kanter / Deadline:
Sources: staff criticize the BBC for its treatment of five seasoned female presenters, many of whom have been unable to work for months during the restructuring  —  EXCLUSIVE: The BBC is facing growing pressure to find a resolution for five seasoned female presenters, many of whom have been unable …
Todd Spangler / Variety:
Smosh co-founders Anthony Padilla and Ian Hecox buy back a majority stake in the YouTube brand they launched 18 years ago, from Rhett & Link's Mythical  —  The duo have reunited as onscreen comedy partners and offscreen business associates to acquire a majority ownership stake in Smosh …
Hanaa' Tameez / Nieman Lab:
Georgetown Americas Institute launches Spanish-language news podcast Y Esto No Es Todo, with the former host of Spanish-language podcast El Washington Post  —  “One of our objectives is to make Georgetown more visible in Latin America...the podcast is a perfect fit to achieve that mission.”
Discussion: Americas Institute and @niemanlab
Max Goldbart / Deadline:
Candle Media partners with TikTok, initially focusing on Reese Witherspoon's Hello Sunshine brand to find and mine authors and literary material from #BookTok  —  Kevin Mayer and Tom Staggs' Candle Media has struck a partnership with TikTok, with an initial focus on Reese Witherspoon's Hello Sunshine …
Axios:
Source: GoDigital, a private holding group that owns Latino digital media giant NGLmitú, plans to submit a $300M-$350M bid to buy Vice Media out of bankruptcy  —  - GoDigital's plan for Vice Media includes bringing it to profitability within 12 months, a source said.
Patrick Coffee / Wall Street Journal:
 
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 More News: 
Mark Bergen / Bloomberg:
Twitter says CEO Linda Yaccarino and Elon Musk won't attend the Cannes Lions ad festival, despite the company's new “brand safety and suitability controls” push
 Earlier Picks: 
Sabrina Ortiz / ZDNet:
Vimeo announces AI tools, coming on July 17, to automate parts of the video creation process: a script generator, a teleprompter, and a text-based video editor
Brooks Barnes / New York Times:
After Elemental had the worst opening in Pixar's 30-year history, some argue Disney may have weakened the Pixar brand by using its films as “just Disney+ food”
Alexandra Sternlicht / Fortune:
A look at Kick, a live streaming service launched in March 2023 with lax moderation and gambling company ties, that lets creators keep 95% of subscriber revenue
Discussion: Music Ally
 

 
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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