Top News:
Lauren Forristal / TechCrunch:
Reddit says it plans to test AI-powered search result pages later in 2024, using a combination of first-party and third-party tech to power the feature — Reddit users will soon see AI-generated summaries at the top of search results. — Reddit co-founder and CEO Steve Huffman told investors during …
Discussion:
Engadget and @karissabe@threads.net, more at Techmeme »
RELATED:
Jonathan Vanian / CNBC:
Reddit reports Q2 revenue up 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques up 51% YoY to 91.2M, and net loss down from $41.1M in Q2 2023 to $10.1M — Reddit reported second-quarter results on Tuesday that topped analysts' estimates. — Here are the key numbers:
Wall Street Journal:
Sources: the NBA's deal with Amazon has several provisions that WBD can't match, including promotion of the NBA during Amazon's NFL streaming telecasts — League's media deal with tech giant included provisions Warner couldn't match, setting stage for legal fight
Discussion:
Sports Media Watch and USA Today
RELATED:
Brian Steinberg / Variety:
Charles Barkley, a mainstay of TNT's Inside the NBA, reverses plans to retire and says he will keep working with WBD, which is fighting to keep NBA media rights — Charles Barkley says he isn't getting out of Warner Bros. Discovery's sports game. — The roundball great …
Discussion:
New York Times, Pressroom, Brian Steinberg on LinkedIn, Fox News, Los Angeles Times, Awful Announcing, USA Today, New York Times, Sportico, CNN, Deadline, Associated Press, Awful Announcing, TVLine, Front Office Sports, New York Post, The Wrap, CNBC, Barrett Media, New York Daily News and The Hollywood Reporter
Catherine Perloff / Adweek:
Some ad buyers say Netflix is now charging CPMs between $20 and $30, after originally seeking $65 in 2022 and a reported $39 to $45 in 2023 — The streaming platform initially came to the market with $65 CPMs in 2022 — Netflix is further lowering the prices of its ads …
Winston Cho / The Hollywood Reporter:
Division in Hollywood's approach to AI is growing, as some studios want to use AI tools more often in production, while unions aim to establish guardrails — While unions aim to establish guardrails and artists are going to court, studios are looking to use AI tools more often in production.
Discussion:
TVNewsCheck
Sara Fischer / Axios:
X sues the World Federation of Advertisers, GARM, Mars, Unilever and others over what Linda Yaccarino calls an illegal boycott; Rumble also sues WFA and others — Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.
Discussion:
@elonmusk, @lindayax, The Verge, Digiday, Rumble, @lindayax, Associated Press, US District Court for the Northern District of Texas, @elonmusk, @catthekin, AV Club, @theliamnissan, @baekdal, @jesse_brenneman, @bobbyallyn, @fmanjoo, @catthekin@threads.net, @catthekin@threads.net, @chrispavlovski, @crumbler@threads.net, @kyliebytes, @hanse_mina@mastodon.social, @katzish@threads.net, @digiphile@threads.net, @allahliker, The Federalist, @stopfundinghate, @ngrossman81@threads.net, @rumblevideo, @karaswisher@threads.net, @firerock31@threads.net, @sherrilynifill@threads.net, @renee.diresta@threads.net, @renee.diresta@threads.net, @catthekin@threads.net, Awful Announcing, Adweek, @silvermanjacob, @ranimolla, @lorakolodny@threads.net, @chrispavlovski, @kateaconger@threads.net, @tracybeanz, @goldman@threads.net, @barry, @mac_ryan_@threads.net, @joshtpm, @katieeyton, The Hollywood Reporter, @sarafischer, @bobbyallyn, PRWeek, @tracybeanz, @1elizabeth_jacobs@threads.net, The Daily Wire, The Verge, Fast Company, New Republic, @dankennedy_nu@threads.net, Wired, Ars Technica, @rstephens@threads.net, The Media Leader, The Drum, CNN, Greg Glenday on LinkedIn, Deadline, Wall Street Journal, @elizspiers@threads.net, New York Post, MediaPost, Variety, Quartz, Reuters, Engadget, Ruben Schreurs on LinkedIn, Financial Times, Bloomberg, New York Times, The Information, TechCrunch, HuffPost, Fox Business, Barrett Media and Ad Age, more at Techmeme »
Next TV:
Future plans to end Broadcasting & Cable, Multichannel News, and NextTV in print and as newsletters, replacing them with one newsletter and revamping NextTV.com — By B+C Staff( Broadcasting & Cable ) published — Charlie Weiss will take on chairman role for B+C Hall of Fame, with Bill McGorry moving into chairman emeritus role
Lauren Forristal / TechCrunch:
Amazon Music debuts Topics, which helps users find podcast episodes by topic and is powered by both AI and humans — Amazon Music announced Tuesday the launch of its new AI-powered feature, “Topics,” which allows users to explore podcast episodes by specific topics discussed in the episode.
Discussion:
About Amazon and The Verge, more at Techmeme »
Justine Fisher / CNBC:
Starting October 17, Disney will raise the cost of most plans for Disney+, Hulu, and ESPN+ by $1 to $2 more per month, as it pushes customers to bundles — Disney is raising prices on its streaming platforms. — Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 …
Discussion:
The Walt Disney Company, The Hollywood Reporter, PhoneArena, TechRadar, Decider, Axios, Kotaku, Deadline, The Hill, Cord Cutters News, New York Post, Ars Technica, The Streamable, Engadget, IndieWire, Quartz, CNN, 9to5Mac, Digital Trends, The Desk, BGR, TVLine, @2xaught7.bsky.social, Variety, Bloomberg, New York Daily News and Consequence
Joe Lucia / Awful Announcing:
Fubo's CEO blasts Venu, the Disney/Fox/WBD sports JV, saying it gives them control of 80% of the premium market and curbs competition, as he seeks an injunction — The new Fubo logo. — Fubo's earnings call was on Tuesday. Unsurprisingly, CEO David Gandler used part of his opening remarks …
Discussion:
Yahoo Finance, Bloomberg Law, Bloomberg, Deadline, IndieWire, The Streamable, Next TV and Deadline
RELATED:
Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q2 North America revenue up 26% YoY to $383M vs. $368M est., North America paid subscribers up 24% to 1.45M, rest of world revenue up 2% to $8.3M
Discussion:
Fubo, @fubotv_pr, Media Play News, The Streamable, Advanced Television and Cord Cutters News
Katie Robertson / New York Times:
Internal memo: Axios CEO Jim VandeHei says the company is laying off about 50 employees, or ~10% of the company, due to “changes in the media business” — Jim VandeHei, the company's chief executive, said in an email that the cuts were necessary to adapt to “changes in the media business.”
Discussion:
The Wrap, @samueljrob, @selenesanfelice, @loopemma, @daniellealberti, @smtology, @chrisjollyhale, @justinbaragona, @danprimack, @ryanabest, @sophiacai99, @tim_bays, @ruhlmuk, @simranparwani, Fast Company, @tblysik, @mac_ryan_@threads.net, @geomoriarty@threads.net, @sarafischer, @loopemma, @nickicamberg, @jdawsey1, @simranparwani, @daniellealberti, The Hill, @sopandeb, New York Post, @billygribbin, @keitholbermann, @redsteeze, @ethanscorey, @ethangach, @chaykak, @brandyljensen, @benkesslen, @chriscillizza, @mikebrice, @katie_robertson, Fox Business, Erin Hulliberger on LinkedIn, Nieman Lab, Deadline, @aulia@threads.net, TVNewsCheck and Barrett Media
Jake Offenhartz / Associated Press:
The NYPD arrests independent videographer Sam Seligson on felony hate crime charges after he documented a pro-Palestinian protest in June — A New York City journalist was arrested on felony hate crime charges Tuesday after filming a pro-Palestinian protest earlier this summer …
Discussion:
AM New York, @joshuaphilll, @joeyneverjoe, The Desk, @petersterne, @akoseff, @petersterne, @ashagony, @AnarchoNinaAnalyzes …, @porican, @lailaalarian, @jljacobson, ARTnews, New York Post, @phoebe@sunny.garden, New York Daily News, @rustoleumlove@mastodon.online and @freedomofpress@newsie.social
Accounting Specialist Editor, Remote US — 
Senior Correspondent - Wealth, NY — 
Asia Credit Reporter, Seoul — 
Senior Editor, DC — 
Sr. Social Media Specialist, NC — 
Associate Editor - Aviation, TN — 
Assistant Editor - Digital, NC — 
Video Producer - YouTube, NY — 
Senior Managing Ed. - Daily Desk — 
Content Managing Editor — 
Editor, MA — 
Team Editor - Breaking News, ON — 
Senior Reporter & Event Host, NY/CA — 
Associate Editor, Remote — 
Retail Reporter, MN — 
Senior Data Editor, DC — 
Managing Ed. - Berks County, PA — 
News Editor - UK, Remote — 
Staff Writer, TX — 
Multimedia Journalist, PA — 
Service Journalism Editor, CA — 
Content Director, Remote — 
Sports Reporter, ME — 
Los Angeles Issues Reporter, CA — 
Reporter - Middle East — 
Executive Editor, OR — 
California Playbook Writer, CA — 
Senior Media Editor — 
National Investigative Reporter, NY — 
Lexington County Reporter, SC — 
Reporter - Offshore Wind — 
General Assignment Reporter, FL — 
Staff Reporter, CA — 
Data Editor, NY — 
