Mediagazer: In a first, the SEC charges Impact Theory with offering unregistered securities by selling NFTs; the LA-based entertainment company agreed to pay a $6.1M fine (Leo Schwartz/Fortune)

8:45 AM ET, August 29, 2023

Top News:

Leo Schwartz / Fortune:

In a first, the SEC charges Impact Theory with offering unregistered securities by selling NFTs; the LA-based entertainment company agreed to pay a $6.1M fine — Gary Gensler, chair of the Securities and Exchange Commission — In an enforcement action announced on Monday …

Brian Steinberg / Variety:

NBC News says that Kristen Welker will take over as Meet the Press' moderator on September 17, 2023; Welker will be the series' 13th, and first Black, moderator — On Saturday, during the NBC News journalist's last time co-anchoring the Saturday broadcast of “Today” with Peter Alexander …

Discussion: @seangraf, @phillyvictor, @sheshedtrump, Philadelphia Magazine, @bristei, Poynter, Adweek and NBC News on YouTube

Joe Pompeo / Vanity Fair:

An interview with Columbia Journalism School Dean Jelani Cobb about tuition reform, including his goal of paying the full cost for low-income students, and more — The celebrated New Yorker staff writer sat for a wide-ranging interview to kick off his second year as Columbia Journalism School's first Black dean.

Discussion: @mlcalderone, @michaelkruse, @j_fassler, @annaivey, @jeffjohnroberts and @joepompeo

Elizabeth Wellington / The Philadelphia Inquirer:

Condé Nast names Jamila Robinson, the assistant managing editor for food and culture at The Philadelphia Inquirer, as the EIC of Bon Appétit and Epicurious — Jamila Robinson, assistant managing editor for food and culture at The Inquirer, is leaving to become the editor …

Discussion: Daily Front Row, New York Times, Eater Detroit, @craiglaban, @condenast, @rufiojones, @avqueenbenet, @pkerkstra, @maurajudkis, @kelleylcarter, @kaelanisays, @serenamaria36, @justinbaragona and MediaPost

Josef Adalian / Vulture:

WBD's Max will stream seven AMC+ shows from September 1 to October 31 as AMC seeks to maximize its reach; source: no money is involved in this marketing effort — It's not TV, and it's not HBO: It's AMC+ on Max. Starting this Friday, Warner Bros. Discovery-owned Max will begin streaming seven current …

Discussion: MediaPost, The Wrap, The Verge, The Hollywood Reporter, Vanity Fair, The A.V. Club, Pressroom, Gizmodo, The Streamable, Media Play News and Variety

Christopher Palmeri / Bloomberg:

Nielsen: over two years, the number of streaming titles in the US, Canada, UK, Mexico, and Germany grew 39% to 2.35M and streaming services grew from 118 to 167 — - Average time to find something to watch is now over 10 minutes — Overwhelmed by the choices of movies and TV shows to watch online?

Discussion: IndieWire, Music Ally, The Streamable, @akstanwyck, WORLD SCREEN, MediaPost and Media Play News, more at Techmeme »

Charlotte Klein / Vanity Fair:

MSNBC is drawing in major ratings, having emerged as the go-to network for coverage of Donald Trump's criminal charges just as Fox News and CNN face instability — The network's mix of weighty reflection, analysis, and schadenfreude is drawing in major ratings, surpassing Fox News and CNN …

Discussion: @dannygroner, @wajahatali, @jayrosen_nyu, @charlottetklein and The Wrap

Pamela McClintock / The Hollywood Reporter:

US National Cinema Day on August 27, when tickets cost $4 at 3,000+ theaters, resulted in 8.5M tickets sold and $34M in sales, up 16% from August 20 — Thousands of theater owners across the U.S. and Canada slashed their ticket prices to $4 on Aug. 27 in honor of the second annual National Cinema Day.

Discussion: Variety, Media Play News, The Wrap and CNN

Scott Roxborough / The Hollywood Reporter:

Q&A with Thomas Rabe, the CEO of pan-European broadcast giant RTL Group, on investing in Fremantle and targeting a €3B turnover by 2025, content types, and more — Thomas Rabe, CEO of parent RTL Group, has provided the capital that helped turn Fremantle into THR's 2023 International Producer of the Year.

Discussion: @rtlgroup

Reuters:

A look at Disney's shifting India strategy, after the unit reported a $41.5M loss on $390M revenue in the year to March 2022, including free cricket on mobile — Walt Disney (DIS.N) is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones …

Discussion: Deadline, more at Techmeme »

Olivia Balsamo / NBC News:

A look at Kick, a Twitch rival launched in 2022 that is gaining traction among creators for its looser moderation policies and a 95/5 revenue split — Kick has quickly become a major threat to Amazon's Twitch streaming platform. — Amazon's Twitch has helped build the careers …

more at Techmeme »

Charlotte Tobitt / Press Gazette:

LGBTQ+ outlet Pink News shifts towards ad agency partnerships, after its social media revenue fell 50%+ from 2022, when social accounted for ~80% of its revenue — Pink News has seen “hockey-stick-like growth” in its direct sales activity this year. — LGBTQ+-led brand Pink News has carried out a …

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