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9:55 AM ET, September 6, 2023

Mediagazer

 Top News: 
Todd Spangler / Variety:
Roku plans to lay off 300+, or 10% of its staff, to cut costs and will take a ~$65M impairment charge in the current quarter to remove content; ROKU jumps 12%+  —  Roku will cut more than 300 staffers — laying off 10% of its workforce — as the streaming-platform company continues its battle to control costs.
Alex Sherman / CNBC:
Interviews with 25+ people who worked with Bob Iger and Bob Chapek between 2020 and 2022 detail how Disney's succession plan went awry and led to Iger's return  —  - What did a private bathroom, Oogie Boogie and a hippo have to do with the behind-the-scenes chaos between Bob Iger and Bob Chapek at Disney?
Georg Szalai / The Hollywood Reporter:
Wall Street analysts say the Disney-Charter dispute could be a tipping point for cable TV and adds uncertainty to the industry even if it's resolved quickly  —  Wall Street analysts debate whether the standoff between the studio and the cable giant is “the end of the end,” …
Wayne Friedman / MediaPost:
Fox says its free ad-supported streaming TV service Tubi now has 74M MAUs, up from 64M in February 2023; Nielsen: Tubi has a 1.4% share of total TV viewing time  —  Fox Corp's free ad-supported streaming platform Tubi TV has grown sharply over the last six months — up 16% to more than 74 million monthly active users.
Ivan Mehta / TechCrunch:
X rolls out Community Notes for videos and says the tool offers a “highly-scalable way of adding context to edited clips, AI-generated videos, and more”  —  Social network X, formerly known as Twitter, has introduced Community Notes for videos.  Community Notes is an existing program for crowdsourced moderation.
Discussion: Gizmodo
Jon Lafayette / Next TV:
Allen Media Group's Local Now streaming service adds Washington Post Television, which offers breaking news, interviews, and in-depth reporting, to its lineup  —  Newspaper started channel in May  —  Allen Media Group said its Local Now digital platform had added Washington Post Television to its channel lineup.
Max Goldbart / Deadline:
BBC Director of Sport Barbara Slater plans to retire later in 2023 after four decades with the corporation and 14 years of running its sport's coverage  —  - French Studio Magical Society Launches UK Arm Helmed By ‘Saving Mr Banks’ Producer Paul Trijbits  — As Success-Based Residuals …
Georg Szalai / The Hollywood Reporter:
Filing: WBD forecasts 2023 adjusted EBITDA down by $300M-$500M to $10.5B-$11B, citing strikes, and $1.7B+ in Q3 2023 free cash flow due to Barbie and strikes  —  “The company now expects to exceed $1.7 billion in free cash flow for the third quarter of 2023, in part due to the strong performance …
Ted Johnson / Deadline:
NPR President and CEO John Lansing, who has led the organization since 2019, plans to retire at the end of 2023; NPR plans a national search for his successor  —  - U.S. Economy Adds 187,000 Jobs In August, Entertainment Employment Continues To Decline Amid Strikes
 
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 More News: 
Miles Klee / Rolling Stone:
Sean “Diddy” Combs returns the music publishing rights from his label Bad Boy Records to artists, including the Notorious B.I.G.'s estate, Mase, and Faith Evans
Wall Street Journal:
How Spotify's $1B+ bet on podcasts has not paid off: most shows aren't profitable and the company has considered an ad revenue-sharing model akin to YouTube's
 Earlier Picks: 
Reuters:
Indian police file criminal charges against four journalists covering ethnic violence in the country and accuse their reporting of trying to “provoke clashes”
Discussion: Breitbart
Hartley Charlton / MacRumors:
Apple acquires Sweden-based BIS Records, founded in 1973, and plans to fold the classical music label into Apple Music Classical and Apple's A&R label Platoon
Meta:
Meta plans to deprecate the Facebook News tab in the UK, France, and Germany in early December 2023 and won't sign new deals for news content in those countries
Jessica Toonkel / Wall Street Journal:
Antenna: MLS Season Pass had 110K+ US signups on July 21, the day of Messi's first MLS match, up from 6,143 on July 20; July was TV+'s best signup month in 2023
Rebecca Bellan / TechCrunch:
Elon Musk threatens to file a defamation lawsuit against the ADL for “falsely accusing” X and him of antisemitism and blames the ADL for X's falling US ad sales
 

 
From Techmeme:

Kinling Lo / Rest of World:
A look at the adoption of DeepSeek across China, as Chinese automakers, smartphone sellers, and others rush to build services on top of the homegrown AI model

Steven Levy / Wired:
Meta's effort to neutralize Sarah Wynn-Williams' book, filled with gossipy anecdotes, feels less about defending its reputation than a need to punish a defector

Francisco Rodrigues / CoinDesk:
21Shares plans to liquidate two actively managed bitcoin and ether futures ETFs, following $1.66B in outflows from US-listed spot bitcoin ETFs this month
 
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