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6:00 AM ET, June 26, 2023

Mediagazer

 Top News: 
Wall Street Journal:
A look at Harry and Meghan's Hollywood flop in streaming's era of slower growth; sources: Netflix is unlikely to renew their $100M deal, which runs through 2025  —  They arrived three years ago with royal star power amid a streaming boom, but have notched more cancellations and rejections than produced shows
RELATED:
Lucas Shaw / Bloomberg:
Profits at the largest US entertainment companies have fallen 60%+ since 2013, despite mergers, as media companies spent record sums to build streaming services  —  Good afternoon from Los Angeles, wherever you may be.  Thanks to those of you who came to Bloomberg's Tech Summit.
Discussion: @lucas_shaw and @tvgrimreaper
A.J. Katz / Adweek:
Legendary TV news producer David Bohrman, who worked at CNN, NBC, CBS, among others, and was best known for his 12 years of pioneering work at CNN, dies at 69  —  Legendary TV news producer and executive David Bohrman passed away Sunday, his former employer CNN announced.  He was 69 years old.
Discussion: Deadline and Next TV
Lisa Laman / Collider:
WBD CEO David Zaslav gutting Turner Classic Movies staff, while he tries to adopt a movie mogul's persona, is one of his most wicked and devastating maneuvers  —  The staff behind Turner Classic Movies has been gutted, which will have enormous consequences for cinema as an art form.
RELATED:
Hollywood Reporter:
Sources: Warner Bros. Pictures CEOs Michael De Luca and Pamela Abdy will now oversee Turner Classic Movies; WBD plans to invest in, and not sell, the channel
Nico Grant / New York Times:
Russian telcos and ISPs blocked or restricted access to Google News and other news sources during Kremlin's feud with a mercenary leader  —  At least five telecommunications companies have blocked the service, which aggregates news from various sources, according to an analysis from NetBlocks, an internet observatory.
Nikkei Asia:
How the rising popularity of K-pop and K-drama drove direct South Korean investment into the US; South Korean FDI jumped 70%+ since BTS' 2016 US breakthrough  —  Music, drama fan ‘huge tailwind’ for Korean investment in states like Georgia  —  NEW YORK/PALO ALTO — In more than a decade as an auditor …
Duke Reporters' Lab:
An annual fact-checking census finds there are 417 fact-checking sites active globally in 2023 so far, roughly the same as in 2022 and 2021, up from 151 in 2015  —  10th annual fact-checking census from the Reporters' Lab tracks an ongoing slowdown  —  While much of the world's news media …
Irene Chan / Hong Kong Free Press:
An interview with Hong Kong journalist Bao Choy on why the court overturning her 2019 conviction is “not a long-lasting victory”, her new media outlet, and more  —  After leaving Hong Kong's top court on a warm June morning, Bao Choy was overwhelmed by a mixture of jubilation and sadness.
Charlie Savage / New York Times:
How an intern at Indiana newspaper The Journal Gazette in 1995 helped popularize the mashup of The Wizard of Oz with Pink Floyd's The Dark Side of the Moon  —  Pink Floyd,  —  ‘The Wizard of Oz’  —  and Me  —  The inside story of a Times reporter's strange role in a foundational moment …
Benjamin Mullin / New York Times:
IAC Chairman Barry Diller says The Daily Beast is no longer for sale; Diller had been in talks with Ankler Media, founded in 2022, but has withdrawn from them  —  Mr. Diller said he had considered combining The Daily Beast with Ankler Media, a start-up co-founded by Janice Min, a longtime magazine editor.
 
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 More News: 
Lisa O'Carroll / The Guardian:
The EFJ and media experts condemn the latest European Media Freedom Act draft that would let national security agencies place spyware on journalists' phones
Dietrich Knauth / Reuters:
Bloomberg, Dow Jones, the NYT, and the FT appeal a ruling letting FTX keep client names secret, arguing FTX can't get a “sweeping exception” to disclosure norms
Discussion: Talking Biz News
Jay Peters / The Verge:
YouTube is testing Aloud, an AI-powered dubbing tool developed by Google's Area 120, with “hundreds” of creators, starting with English, Spanish, and Portuguese
Gene Maddaus / Variety:
DGA members vote to ratify their new contract, with 87% voting in favor after a 41% turnout; the contract includes a 76% increase in foreign streaming residuals
 Earlier Picks: 
Jay Peters / The Verge:
Google adds a Perspectives tab to search results, featuring info from individuals posted on YouTube, Reddit, Stack Overflow, and more, after its May 2023 reveal
Discussion: 9to5Google
Adam B. Vary / Variety:
Ahead of a potential SAG-AFTRA strike, Marvel, Netflix, Sony Pictures, and other studios plan to skip panels at San Diego's Comic-Con, which starts on July 19
Matthew Keys / The Desk:
Lithuania's telecoms regulator starts blocking IP addresses tied to Russian TV channels, including RT, effectively blocking streaming of banned Russian channels
 

 
From Techmeme:

Amrith Ramkumar / Wall Street Journal:
President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present

Carl Franzen / VentureBeat:
Sakana AI launches Fugu, a multi-agent orchestration system accessible through a single model API, claiming Fugu Ultra matches Fable and Mythos on benchmarks

Jay Peters / The Verge:
Valve's Steam Machine, its new living room Linux PC, will start at $1,049 for the 512GB base model without a controller, and will go on sale starting June 29
 
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