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1:10 PM ET, July 6, 2023


 Top News: 
Jonathan Vanian / CNBC:
Meta launches Instagram's Threads, available on the App Store and Google Play in 100+ countries; users log in via Instagram and can follow the same accounts  —  - Threads is a text-based messaging app that looks very similar to Twitter.  — People will be able to use their Instagram usernames …
Casey Newton / Platformer:
Hands-on with Threads: fairly basic text-based messaging app, log in via Instagram, no hashtags, can't search for anything other than user handles, and more  —  Programming note: I really was trying to take a vacation, but this felt like it was worth the one-day interruption.
Tatiana Siegel / Variety:
GQ EIC Will Welch, who sources say made the call to pull a piece critical of WBD CEO David Zaslav, is producing a Warner Bros. movie, a likely ethical conflict  —  On July 3, rolled out a hot-take story titled “How Warner Bros. Discovery CEO David Zaslav Became Public Enemy Number One in Hollywood.”
Will Sommer / Washington Post:
GQ pulls an article criticizing David Zaslav; sources say a Zaslav spokesman complained, causing extensive edits and the author asking GQ to remove his byline  —  The writer said he asked to have his byline removed after GQ made extensive changes after publication.  The magazine removed the story instead.
Sean Keeley / Awful Announcing:
G/O Media sites start posting AI-generated content despite staff pushback; a Gizmodo editor calls an AI-generated Star Wars list with errors “embarrassing”  —  A few weeks back, we wrote about the seemingly never-ending drama at G/O Media, wondering why writers would want to continue working …
Kris Holt / Engadget:
Randy Thanthong-Knight / Bloomberg:
Canada's government, media company Quebecor, and cable TV operator Cogeco suspend advertising on Facebook and Instagram in response to Meta's move to drop news  —  The Canadian government is suspending its advertisements on Facebook and Instagram in response to Meta Platforms Inc.'s plan …
Brian Merchant / Los Angeles Times:
California and Canada should call Google's and Facebook's bluff, given the success of Australia's 2021 media law, as the companies threaten to remove news links
Todd Spangler / Variety:
Spotify stops letting subscribers paying via Apple's App Store to use IAP as a payment method, after barring new subscribers from using Apple's IAP in May 2016  —  Spotify hasn't let new Premium subscribers pay for service using in-app purchases via Apple's App Store since May 2016 …
Katie Deighton / Wall Street Journal:
Trade groups push back against the FTC's “click to cancel” proposal; News Media Alliance says members receive “very few complaints” about cancellation processes  —  Mandating a simpler cancellation process would confuse consumers and create problems for businesses, trade groups say
John Herrman / New York Magazine:
The 2024 election is likely to be the first modern US election without a “minimum viable media”, as news institutions and distribution systems collapse  —  In a recent interview with Canadian right-wing influencer Jordan Peterson, Democratic presidential candidate Robert F. Kennedy Jr. made an electoral meta-prediction.
Discussion: @intelligencer and @grahamdavida
A look at Disney's costly flops, creative struggles, and shrinking box office in 2023, in a shift from 2022, when it had Avatar: The Way of Water and other hits  —  For the past decade, Disney has been the Teflon movie studio, remarkably adept at withstanding the tectonic changes impacting the film industry …
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 More News: 
Jesse Levine / Bloomberg:
Vimeo CEO Anjali Sud plans to step down at the end of August 2023 “to pursue a new opportunity”; board member Adam Gross will become interim CEO on September 1
Wall Street Journal:
Paramount, Comcast, Disney, and Netflix's total market value has dropped $280B+ since the end of 2020; WBD lost ~50% of its value since its 2022 trading debut
 Earlier Picks: 
James Ball / Rolling Stone:
A UK journalist details the DOJ's and the FBI's efforts to pressure him and three other UK journalists to cooperate with the US' prosecution of Julian Assange
Lucas Shaw / Bloomberg:
Sources: Andy Jassy asked Amazon's Hollywood studio for detailed budgets to scrutinize ballooning costs; Amazon spent $7B on originals, sports, and more in 2022
Guy Faulconbridge / Reuters:
Russia appoints President Putin's former election spokesman Andrei Kondrashov to run state news agency TASS, replacing Sergei Mikhailov, the director since 2012
Discussion: The Guardian