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3:20 PM ET, July 19, 2023

Mediagazer

 Top News: 
Or Goren / Cord Busters:
Netflix removes its $10 Basic tier, its most affordable ad-free tier, in the US and UK for new and rejoining members  —  Breaking: In a major shakeup of its pricing model, Netflix, the global streaming giant, has abandoned its low-cost ‘Basic’ tier in the UK and the US, echoing its earlier strategy in Canada.
RELATED:
Sahil Patel / The Information:
Sources: Netflix told advertisers in the last two weeks that its ad-supported tier has around 1.5M subscribers in the US; Hulu's ad tier has ~30M US subscribers  —  Around 1.5 million people in the U.S. have signed up to pay for Netflix's tier of service that carries ads …
Bloomberg:
Researchers say hate speech and misinfo are rising on Twitter; CEO Linda Yaccarino says that's not true and touts improvements, like more ad placement controls  —  Since Musk's takeover, a number of researchers see a rise in hate speech, violent content  —  Elon Musk's Twitter acquisition …
Jim Waterson / The Guardian:
Dan Wootton says he made “errors of judgment in the past” and suggests the claims he offered men money for sexual material were a campaign to undermine GB News  —  GB News presenter facing allegations he inappropriately offered colleagues large sums in return for sexual material
Matt Donnelly / Variety:
Masters of the Universe, a live-action movie about He-Man and other Mattel toys, is dead at Netflix; sources: development cost estimates range from $30M to $60M  —  “Masters of the Universe,” a live-action movie based on He-Man and a slew of other popular Mattel toys, is officially dead at Netflix …
Charlotte Tobitt / Press Gazette:
Reach group EIC Lloyd Embley steps down after about 30 years with the publisher; Reach's editors will report directly “on operational matters” to CEO Jim Mullen  —  Lloyd Embley has been group editor-in-chief at Reach since 2014.  —  Reach group editor-in-chief Lloyd Embley …
Discussion: HoldtheFrontPage
Jon Gertner / New York Times:
A look at the Wikipedia community's debates about AI, including threats and potential benefits to the site, knowledge creation, truthfulness, and legal recourse  —  Can the online encyclopedia help teach A.I. chatbots to get their facts right — without destroying itself in the process?
 
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 More News: 
Aisha Malik / TechCrunch:
TikTok debuts Elevate, a program to help rising music artists via amplification, early access to new features, and more, and signs a Warner Music licensing deal
Devin Coldewey / TechCrunch:
Over 8,500 authors sign an Authors Guild letter asking AI leaders to get consent and fairly compensate writers when using copyrighted material for generative AI
 Earlier Picks: 
Jonathan Randles / Bloomberg:
A bankruptcy court allows Diamond Sports to end its broadcasts of Arizona Diamondbacks games; MLB takes over streaming, starting with the first game on July 18
Mark Stenberg / Adweek:
Since Bloomberg cut open-market programmatic ads on January 1, its CPMs are up ~20%, its average ad-load time is down 15%, and its page-load time is down 40%
Reuters:
OpenAI commits $5M to the American Journalism Project in support of local news and $5M in API credits to help AJP's members assess and deploy emerging AI tech
Axios:
Sources: Vox Media plans to stop using Chorus, its CMS that the company licensed to external publishers from 2018 to 2022, and move its websites to WordPress
 

 
From Techmeme:

Bloomberg:
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea

Emilia David / VentureBeat:
Nvidia launches Nemotron 3, a family of AI models using a hybrid mixture-of-experts architecture and the Mamba-Transformer design, in 30B, 100B, and ~500B sizes

Arsheeya Bajwa / Reuters:
Nvidia announces it has acquired SchedMD, the developer of Slurm, an open-source workload management system for HPC and AI

 
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