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12:00 PM ET, September 6, 2023

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 Top News: 
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?
Todd Spangler / Variety:
Roku plans to lay off 300+, or 10% of its staff, close offices, and take an up to $65M impairment charge in Q3 2023 for cutting some content; ROKU jumps 5%+  —  Roku will cut more than 300 staffers — laying off 10% of its workforce — as the streaming-platform company continues its battle to control costs.
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,” …
Jennifer Maas / Variety:
Comcast CEO Brian Roberts says Comcast and Disney moved up Hulu sale talks to September 30 from the January 2024 deadline, and Hulu could be worth $30B  —  Comcast and Disney last week signed a modification agreement to bring forward the timing of their formal Hulu sale talks to Sept. 30 …
Jeff Jarvis / Whither news?:
Jeff Jarvis says he plans to leave CUNY's Newmark Graduate School of Journalism at the end of this term and will “technically” retire  —  I have news: I am leaving CUNY's Newmark Graduate School of Journalism at the end of this term.  Technically I'm retiring, though if you know me you know I will never retire.
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.
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.
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.
Anna Nicolaou / Financial Times:
UMG and Deezer sign a deal to give songs from professional artists, who generate 1,000+ listens a month, double the weight when calculating streaming royalties  —  Agreement with Deezer aims to boost royalties for artists and labels and reduce payouts for ‘noise’
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 …
 
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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
 Earlier Picks: 
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
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
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
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
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:

Joe Rivano Barros / Mission Local:
Waymo says it temporarily suspended its ride-hailing service in San Francisco during a citywide blackout, as downed traffic lights appeared to halt its vehicles

John Sakellariadis / Politico:
Sources: DHS is investigating whether 6 staffers misled CISA's acting director into taking a polygraph that he failed, compounding instability at the agency

Sri Muppidi / The Information:
Source: OpenAI's share of revenue after the cost of running AI models for paying users has jumped to ~70% in October, up from ~52% at the end of 2024
 
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