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10:10 AM ET, July 17, 2023

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 Top News: 
Joe Bel Bruno / The Intersect:
Sources: Patrick Soon-Shiong is in talks to sell The Los Angeles Times to Penske Media CEO Jay Penske; LAT says “The Soon-Shiongs have no interest in selling”  —  Los Angeles Times owner Patrick Soon-Shiong and entertainment trade publishing magnate Jay Penske are discussing …
Bloomberg:
Antenna: June 2023 was Netflix's best US growth month in years, with a gross ~3.5M signups, 100%+ above its recent averages, amid its password sharing crackdown  —  Netflix just had its best month in years and Disney is looking to sell its TV assets.  What does that mean for the future of Hollywood?
RELATED:
Wall Street Journal:
A look at Disney's challenges, some of which are rooted in Bob Iger's previous decisions as CEO, including acquiring Fox assets and entering the streaming race
Clothilde Goujard / Politico:
The Norwegian Data Protection Authority orders Meta to stop showing users personalized ads for three months starting August 4 or face a daily fine of €89,500  —  Meta's social media platforms will be barred from behavioral advertising in August.  —  3 MINUTES READ
Brendan O'Boyle / Reuters:
Local media report that Mexican journalist Nelson Matus was killed July 15 in Acapulco after reportedly surviving two assassination attempts in 2017 and 2019  —  Mexican journalist Nelson Matus was killed Saturday in the coastal resort city of Acapulco in the southwestern state of Guerrero, local media reported.
Discussion: Agence France-Presse
Sara Guaglione / Digiday:
Analyses: 53% of weekly US podcast listeners listen to non-US podcasts; in February 2023, Latin America saw the fastest growth in podcast listeners, up 7.7% YoY  —  Though the podcast industry is in a state of correction after a period of significant investment, some podcast networks have found …
Gene Maddaus / Variety:
Sources detail some of SAG-AFTRA's demands, including paying 2% of streaming revenue to performers, compensation when using AI likenesses, pay raises, and more  —  According to sources on both sides, the biggest sticking point is the union's demand for 2% of the revenue generated by streaming shows.
RELATED:
The Hollywood Reporter:
SAG-AFTRA and WGA members picketed at two NYC and 10 LA studio sites, with Netflix and Warner Bros. Discovery HQs among the bigger targets for crowds
Brian Schwartz / CNBC:
Sources: Tucker Carlson agrees to a seven-figure ad deal with Public Square, an anti-ESG shopping app, making it one of his Twitter show's first advertisers  —  - Tucker Carlson has agreed to a seven-figure ad deal with Public Square (PublicSq.), a conservative-friendly shopping app, for his Twitter show.
Lewis Gordon / The Ringer:
After DVDs and streaming, Netflix gears up for what appears to be its third and most ambitious act: video games, with 67 in its library and 86 in development  —  First came DVDs.  Then came streaming movies and TV.  Now, Netflix is betting big on video games—and new release 'Oxenfree II …
Financial Times:
A look at Russian warlord Yevgeny Prigozhin's online media empire, which stands in post-mutiny limbo after Russia's internet censor banned Prigozhin websites  —  Vladimir Putin has blocked access to mutinous warlord's websites but his troll accounts remain active
Jessica Nicholson / Billboard:
Radio and music industry trade website All Access plans to close on August 15, 2023, after 28 years, over a revenue drop “that makes moving forward impossible”  —  “We will all miss serving and working with all of you — our readers and clients," said founder/president/publisher Joel Denver in a statement.
Clayton Davis / Variety:
Letter: the Academy of Motion Picture Arts and Sciences affirms its commitment to DEAI programs; at least four Black leaders left the Academy in the past year  —  The Academy of Motion Picture Arts and Sciences sent a letter to its members on Friday evening, addressing the recent departure …
Sohee Kim / Bloomberg:
A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth  —  - President says new anime markets like India will drive growth  — Global expansion helps owner Sony boost entertainment content
 
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 More News: 
Jahnavi Nidumolu / Reuters:
Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2
Rhiannon Williams / MIT Technology Review:
Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality
Charlotte Klein / Vanity Fair:
Sources: at an all-hands, New York Times staff expressed frustration at how the sports desk was cut and raised concerns over differing standards at The Athletic
Amanda Silberling / TechCrunch:
Creator monetization platform Passes, founded in 2022, plans to acquire rival Fanhouse, founded in 2020; some creators are worried and one Fanhouse founder quit
 Earlier Picks: 
The Charlotte Observer:
Rolfe Neill, the publisher of The Charlotte Observer from 1975 until 1997 and a member of a group of business leaders who shaped Charlotte's growth, dies at 90
 

 
From Techmeme:

Cecilia D'Anastasio / Bloomberg:
Take-Two announces a fall 2025 release date for GTA VI, reports Q4 bookings down 3% YoY to $1.35B, and lowers its FY 2025 bookings forecast from $7B+ to $5.55B+

Carl Franzen / VentureBeat:
OpenAI says ChatGPT can now directly import files from Google Drive and Microsoft OneDrive, available to Plus, Team, and Enterprise users

Wall Street Journal:
DOJ charges five people for allegedly duping 300+ US companies into hiring North Korea-linked remote IT workers and helping fund the country's nuclear program

 
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