Top News:
Doomberg:
Doomberg, a pseudonymous Substack publication about economic and policy news with 150K+ subscribers, announces it is leaving Twitter to focus on Substack Notes — The Work of My Life: July 2023 Report — “There is a time for departure even when there's no certain place to go.” - Tennessee Williams
Discussion:
@substacklinda, @jeremydschwartz, @max_gagliardi, @howardlindzon and @lastbearstandng
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Elon Musk / @elonmusk:
Elon Musk says X will amend its creator payouts policy to take no cut until a payout exceeds $100K, and plans to talk to Tim Cook about lower App Store fees — Super Important to Support Creators! If you can afford it, please subscribe to as many creators on this platform as you find interesting. People from every corner of the world post incredible content on 𝕏, but often live in tough circumstances, where even a few hundred...
Discussion:
The Verge, MacRumors, @rdotchadha, @oalexanderdk, 9to5Mac, @scobleizer, @sawyermerritt and @xdaily, more at Techmeme »
New York Times:
Sources: Fox News execs Jay Wallace and Suzanne Scott lobbied Trump to appear at an August 23 debate, during a private dinner just after his third indictment — The Fox leaders appealed to the former president to participate in the first G.O.P. debate, which is being hosted by the network.
Alex Ross / New Yorker:
Apple failed to save classical music with iTunes and fails again with Apple Music Classical, an oddly clumsy point of entry that falls short of its competitors — As classical listeners shift to streaming, Apple's bespoke app falls short of its smaller-scale competitors.
Discussion:
@ionarts, @ajdoug, @oxfordclock, @scurve and MIT Technology Review, more at Techmeme »
New York Times:
People, The Washington Times, MarketWatch, and others fell for an elaborate hoax that claimed Barbie dolls would be plastic free by 2030; most removed the posts — The false campaign by environmental activists claimed that the toy giant was launching a new line of decomposable Barbies and would stop using plastic by 2030.
Discussion:
Washington Times, CBS News, The Hill, @corbinhiar, @therockfather, @weareyellowdot, Yahoo Entertainment, @dhlovelife, The Wrap, New York Post and The Toy Book
Emily Longeretta / Variety:
Digital media company Factz acquires celebrity entertainment news site Hollywood Life; founder and EIC Bonnie Fuller leaves the company — Factz, a digital media company, acquired the celebrity entertainment news site HollywoodLife.com on Tuesday. Founder, president and editor-in-chief Bonnie Fuller is no longer part of the company.
Benjamin Mullin / New York Times:
PBS announces that The Atlantic EIC Jeffrey Goldberg will be the next moderator of Washington Week, which will be renamed Washington Week With The Atlantic — The Atlantic will co-produce the show, which will be renamed “Washington Week With The Atlantic.” The publication will cover some of the costs and help sell sponsorships.
Discussion:
The Hill, The Atlantic, Deadline, The Hollywood Reporter, The Daily Beast, @corbinbolies, @libertyjunky420, @benmullin, @nxthompson, @ggreenwald, Current, @peterlattman, @lisadnews, Semafor and Variety
Alex Weprin / The Hollywood Reporter:
Filing: WWE Executive Chairman Vince McMahon faced a search warrant and subpoena in July and is now on medical leave; the merger with Endeavor's UFC is on track — The WWE said in a footnote to a SEC filing that federal agents executed a search warrant and served a federal grand jury subpoena on McMahon July 17.
Discussion:
Mediaite, CNBC, Associated Press, Breitbart, Los Angeles Times, New York Daily News, WrestleTalk, Bleacher Report, Deadline, Sportico and ComingSoon.net
Ashley Carman / Bloomberg:
Fiction-focused podcast company Realm, which has raised $20M, acquires kids content company Pinna and Lipstick & Vinyl, which focuses on unscripted shows — The fiction-focused business is also acquiring Lipstick & Vinyl and partnering with family programmers on ads
Charley Piringi / The Guardian:
The Solomon Star and other newspapers in the Solomon Islands face criticism after accepting funding from China in exchange for positive coverage — The Solomon Star denies accusations of ‘giving away’ its independence by accepting thousands of dollars' worth of equipment
Discussion:
@dailypostdan
John Herrman / New York Magazine:
Three theories about how AI will change the news: replace some outlets entirely, be a helpful tool, or turn news organizations into wire services — Here are three theories of the case. — In early July, the Associated Press made a deal with OpenAI, maker of ChatGPT, to license …
Discussion:
@omkar_raii, @mediaevan, Poynter, @cyrilsam, New York Post and What's New in Publishing
Mark Caro / Local News Initiative:
Q&A with ex-Washington Post chief Marty Baron on the need for outlets to figure out a commercially successful model by themselves, the role of owners, and more — In Pt. 1 of interview, Marty Baron calls on journalists to stop the nostalgia and doom-and-gloom and to focus on solving problems and making tough choices
Discussion:
Poynter, @palewire, @markcaro, @mollybeck, @petercanellos, @tvgrimreaper, @timafranklin, @capitalresearch, @timafranklin, @jacobin, @sarahscire, @ssuttell, @dicktofel and @dicktofel
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