Top News:
Lucas Shaw / Bloomberg:
While Netflix posts healthy profits, Disney looks like it will remain profitable moving forward, and Peacock and Paramount are in the red but trimming losses — The five major Hollywood streaming services reported a collective profit of $3.2 billion in the first six months of this year.
Discussion:
@lucas_shaw@threads.net and @lucas_shaw@threads.net
RELATED:
Sara Fischer / Axios:
A look at the shrinking pay-TV market, after write-downs by Paramount and WBD of their networks' value, as they try to compete with larger streaming companies — - Paramount Global's stock tanked 12% in after-hours trading Thursday, despite posting a streaming profit for the first time.
Discussion:
@feelinglistless.bsky.social, @carnage4life@mas.to, Cord Cutters News, The Information and Reuters
Stan Alcorn / Rest of World:
A look at the consequences of Spotify's disinvestment in podcasts in Latin America, where one survey found 90% of podcast listeners used Spotify — In Latin America, “podcast” and “Spotify” became synonymous; now the audio industry is reckoning with the company's retreat. — • BOGOTÁ, COLOMBIA
Discussion:
Podnews and @Cefr@beige.party, more at Techmeme »
Jem Aswad / Variety:
Meta and UMG sign a multiyear agreement about AI, monetization, and more for UMG artists and songwriters on Meta's apps, including WhatsApp for the first time — Terms of the deal were not disclosed, but the announcement says the new agreement “reflects the two companies' shared commitment …
Discussion:
Billboard and Music Business Worldwide, more at Techmeme »
Max Tani / Semafor:
Conservative indie publishers struggle to recreate the book sales of major publishers' conservative imprints; The Daily Wire has wound down its publishing arm — The Scoop — It's hardly a surprise that Ben Shapiro is working on another book. Publishing remains one of the most lucrative elements …
Discussion:
@risj_oxford and @semaforben
Stephanie Stacey / Financial Times:
TikTok has been sending inaccurate and misleading news-style alerts to users, including a weeks-old disaster warning; TikTok removed some of the notifications — False claims about Taylor Swift and outdated tsunami warnings are among misleading notifications posted by video-sharing app
Charlie Wells / Bloomberg:
Some longtime users of LinkedIn lament the barrage of performative content from hustle-culture influencers and AI-generated “thought leadership” on the site — Longtime users irked by personal content lament that the job-hunting website has become more like Facebook.
Discussion:
The Guardian, more at Techmeme »
Priyanjana Bengani / Columbia Journalism Review:
An in-depth analysis shows Metric Media, which runs a network of ~1,300 “pink slime” news sites, received $14M+ from four PACs and four nonprofits in 2021-2022 — The Tow Center maintains a list of politically backed and partisan news sites here.
Discussion:
@tlambert895, @froomkin, @thezedwards, @marywag2947 and @emilybell
Matt Flegenheimer / New York Times:
A profile of Bari Weiss as The Free Press expands, hiring a COO and running live events; TFP had over 750K subscribers in July, with 100K+ paying $8/month — Bari Weiss has long been blessed with two superpowers, those close to her say: She knows how to make useful enemies, and she knows how to make useful friends.
Abner Li / 9to5Google:
Susan Wojcicki, former YouTube CEO and a key figure in Google's creation, dies at age 56, after two years of living with cancer — On Friday evening, Alphabet and Google Sundar Pichai shared that Susan Wojcicki has died. She was 56. … Her husband, Dennis Troper, made the announcement earlier this evening:
Discussion:
Adweek, CNBC, Advanced Television, Wall Street Journal, @tim_cook, Financial Times, Digital Music News, @sundarpichai, @johngreen, @nealmohan, The Keyword, @mkbhd, @dannysullivan, Semafor, @ijustine, @joshelman, @ludwigahgren, @mattkoval, @lizyybear, @film_girl, @hitsman, @kreekcraft, @wendoverpro, @tdd, @couragejd, @fwiz, @dwiskus, @mws, @nbtjacklyn, @gregorymcfadden, @jeremy_goldberg, Variety, The Hill, IGN, Breitbart, E! Online, @reneritchie, @mikeisaac, @cadale, The Guardian, Entertainment Tonight, @therealdvf@threads.net, @jason, @christine_tsai, @karaswisher@threads.net, Awful Announcing, @mattross@threads.net, UPI, Barrett Media, @mikelearmonth@threads.net, @technologizer@threads.net, @personality_of_colt …, @techstarsrk@threads.net, @akhmxt@threads.net, @traciglee@threads.net, @imgmatt@threads.net, @ben.werdmuller@threads.net, @whartonrigby@threads.net, @thisistechtoday@threads.net, @digitallybones@threads.net, @anthonyquintano@threads.net, @leedugger@threads.net, @matthewsantoro@threads.net, @karlamon.9@threads.net, @czsworld@threads.net, @andrewpbridges@threads.net, @jeffjarvis@threads.net, CBS News, HuffPost, Business Insider, Fast Company, RTÉ, Business Insider, The Verge, San Francisco Chronicle, TVNewsCheck, Deadline, The Desk, @crumbler@threads.net, New York Post, The Information, The Wrap, Reuters, TechCrunch, Daring Fireball, Moneycontrol, Hindustan Times, Music Business Worldwide, The Hollywood Reporter and Hacker News
RELATED:
Washington Post:
An obituary of Susan Wojcicki, who was one of the most prominent women in Silicon Valley, helped launch and grow AdSense, and pushed for Google to buy YouTube
Discussion:
CNN, The Register, New York Times, CNET, NPR, @stevenlevy, @emilychangtv, @ronconway, @gokulr, @janacg, @rkyncl, Jeff Jarvis on LinkedIn, @tomfrankly, @emilychangtv, Newser, @laurengoode@threads.net, Mercury News, Hunter Walk, Wired, Leslie Morgan Steiner on LinkedIn, TechCrunch, Eve McDavid on LinkedIn, Financial Times, Kristina Salen on LinkedIn, @ricmac@mastodon.social, Roshni Joshi on LinkedIn, Bridget Coogan on LinkedIn, MediaPost, Metro.co.uk, Los Angeles Times and New York Times
Juliana Kim / NPR:
Microsoft research details Iranian government efforts to interfere with the US election, including four fake outlets likely using AI to plagiarize news content — Groups connected to the Iranian government are using a spectrum of online tactics to interfere with the U.S. presidential election …
Discussion:
Politico, The Information, Associated Press, The Cyber Express, The i Paper, @LaNaehForaday …, @peter@thepit.social, @captainslim@infosec.exchange, @GottaLaff@mastodon.social, Breitbart, @savokanikan, Atlanta Journal-Constitution, Fast Company, CBS News, The Register, UPI, Washington Post and Bloomberg
Ina Fried / Axios:
How Getty transmits Olympics photos globally with fully remote editing as it aims for a 26-second delay between when photos are taken and when they hit the wire — Already during the games it has uploaded more than 350,000 pictures for media outlets to choose from.
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