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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 …
Discussion:
US Securities …, Music Ally, crypto.news, Cryptonews, CryptoGlobe, @iampaulgrewal, @colethereum, The Block, 24/7 Wall St., @grady_booch, @collins_belton, Decrypt, Cryptopolitan, The Daily Hodl, Web3 is Going Just Great, SiliconANGLE, PYMNTS.com, Cointelegraph, Axios, @hesterpeirce, CryptoSlate, Anand Sithian on LinkedIn, @jason, Reuters, Cryptonews, @punk9059, Crowdfund Insider, Cointelegraph, CoinDesk, Blockworks, Inside Bitcoins, Bitcoin News, @secgov, @carnage4life@mas.to, TechCrunch, Bloomberg, Quartz, The Information, The Verge, US Securities … and Digital Music News, more at Techmeme »


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 …


TechCrunch acquires Connie Loizos' media startup StrictlyVC, which has 60K newsletter subscribers, and appoints Loizos as editor-in-chief and general manager — TechCrunch, the digital tech and business publication owned by Yahoo, has acquired StrictlyVC, a media startup, from longtime Silicon Valley journalist Connie Lozois.
Discussion:
TechCrunch, Talking Biz News, @alexrkonrad, @cookie, @arrington, @panzer, @sarafischer, @thekenyeung, @propllrhead, @danprimack, Business Wire and TechCrunch, more at Techmeme »


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


Disney, Bloomberg, WaPo, The Atlantic, Axios, ABC, ESPN, Condé Nast, Hearst, Vox, and others join the NYT and Reuters in blocking OpenAI's GPTBot web crawler — Editor's Note: A version of this article first appeared in the “Reliable Sources” newsletter.


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, @joepompeo and @jeffjohnroberts


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


Source: the Washington Post has quietly laid off top marketing staffers, program managers, and product designers at Arc XP, its technology arm — The Scoop — The Washington Post has quietly laid off staff from Arc XP, the technology arm of the paper that Post leadership had previously considered selling or spinning off.
Discussion:
@mediaevan and @semaforben


Fox Sports signs a deal to use Google Cloud's generative AI to search footage from 1.9M videos and produce new TV, social, and marketing content quickly — Fox Corp.'s Fox Sports is turning to generative artificial-intelligence to help its staffers more rapidly generate content from millions of hours of its archived games footage.
Discussion:
Google Cloud and SiliconANGLE, more at Techmeme »


A look at Disney shifting its India strategy to free cricket on mobile, hoping to boost ads, after the unit reported a $41.5M loss on $390M revenue in FY 2022 — Walt Disney (DIS.N) is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones …
Discussion:
The Streamable and Deadline, more at Techmeme »


A look at Kick, a Twitch rival launched in 2022 that is attracting top creators with lucrative contracts, 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 …


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 …