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4:00 PM ET, July 19, 2023

Mediagazer

 Top News: 
Or Goren / Cord Busters:
Netflix removes its most affordable $10/month ad-free Basic tier in the US and UK, charging new and rejoining members £10.99/month or $15.49/month for no ads  —  Breaking: In a major shakeup of its pricing model, Netflix, the global streaming giant, has abandoned its low-cost ‘Basic’ tier …
RELATED:
Sahil Patel / The Information:
Sources: Netflix told advertisers in the past two weeks that its ad-supported tier has ~1.5M US subscribers; Hulu's 15-year-old 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 …
Financial Times:
Sources: Threads has largely replicated Instagram's algorithm, prioritizing posts by creators and friends over hard news, and is relying on Instagram moderators  —  Facebook's parent company downgrades current affairs on Threads app and refuses to engage with Canadian law designed to fund media groups
Bloomberg:
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 …
Gene Park / Washington Post:
A look at “non-playable character” TikTok creators, like Pinkydoll, who livestream themselves saying and doing robotic actions repetitively for monetary tips  —  On TikTok, a woman named Pinkydoll with a thousand-yard stare faces you, undulating just enough to let you know she's alive.
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%
Discussion: Insider Intelligence
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
 

 
From Techmeme:

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

Shubham Sharma / VentureBeat:
DeepSeek releases DeepSeek-V3, an open-source MoE model of 671B total parameters, with 37B activated per token, claiming it outperforms top models like GPT-4o

 
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