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7:05 PM ET, September 26, 2024

Mediagazer

 Top News: 
Benjamin Mullin / New York Times:
Sources: CNN will begin experimenting in early October with a metered paywall, charging some readers for digital access after they read a set number of articles  —  CNN will begin experimenting in October with a subscription model, in a major initiative from its chief executive, Mark Thompson.
Ted Johnson / Deadline:
Newsmax and election systems company Smartmatic reach a confidential settlement that averts Smartmatic's defamation lawsuit over 2020 election lies  —  Newsmax has reached a settlement with election systems company Smartmatic, averting a defamation trial that was set to start next week.
RELATED:
Todd Spangler / Variety:
AI company Runway launches The Hundred Film Fund, offering grants of $5,000 to $1M for 100 short films and feature-length movies that use generative AI  —  Runway is launching The Hundred Film Fund, an initiative to help produce and fund as many as 100 short films and feature-length movies …
New York Times:
Hoda Kotb plans to leave NBC's Today early next year but will remain an occasional contributor to NBC; her exit will create two vacancies in the Today franchise  —  Her exit, planned for early next year, is a seismic shift for NBC and opens up a pair of morning TV's most coveted anchor chairs.
The Information:
Source: Amazon exceeded its goal of $1.8B in ad-spending commitments for its video-streaming offerings, including Thursday Night Football, in the coming year  —  Amazon's decision to introduce ads within its Prime Video streaming service is already paying off for the company.
Andrew Marchand / New York Times:
Sources: ESPN lays off NBA senior writer Zach Lowe as part of continuing cost cutting; his salary, in excess of seven figures annually, was the biggest factor  —  ESPN has parted ways with NBA senior writer Zach Lowe as part of the network's continuing layoffs, sources briefed on the decision told The Athletic on Thursday.
Thomas Claburn / The Register:
Matt Mullenweg says WP Engine no longer has free WordPress.org access and directs WP Engine customers having trouble with their websites to WP Engine support  —  WordPress on Wednesday escalated its conflict with WP Engine, a hosting provider, by blocking the latter's servers …
RELATED:
Elizabeth Lopatto / The Verge:
X is blocking links to Ken Klippenstein's newsletter with a hacked JD Vance dossier and suspended Klippenstein's X account for posting Vance's private info  —  X is preventing users from posting links to a newsletter containing a hacked document that's alleged to be the Trump campaign's research …
Hadas Gold / CNN:
Nevada court hearings in the Murdoch family succession fight ended outside of public view; resolution may take weeks and be appealed to Nevada's Supreme Court  —  New York CNN —  —  The fate of Rupert Murdoch's vast media empire, including Fox News, is now in the hands of a Reno probate commissioner …
Sarah Perez / TechCrunch:
Subscription management platform RevenueCat acquires Dipsea, an app that offers subscriptions for “spicy” audiobooks, as a test ground for RevenueCat's features  —  On the heels of its earlier $12 million fundraise, subscription management platform RevenueCat has made its first acquisition — and it's an unusual one.
Emma Roth / The Verge:
California Governor Gavin Newsom signed AB 2426, which forces digital stores to tell customers they are getting a revocable license when “buying” digital media  —  California Governor Gavin Newsom has signed a law (AB 2426) to combat “disappearing” purchases of digital games, movies, music, and ebooks.
 
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 More News: 
Nick Vivarelli / Variety:
Al Jazeera launched free Arabic streaming service Al Jazeera 360 on September 15, offering its news channels and 50,000 hours of content from its archives
Kayleigh Barber / Digiday:
Business Insider Chief Subscriptions Officer Katie Friedman says a test of an AI smart paywall from December 2023 to April 2024 increased conversions by 75%
 Earlier Picks: 
Deadline:
Sources: Disney is laying off ~300 people in the US in corporate operations, including in communications; ESPN, Disney Entertainment, and parks are not affected
Tom Jones / Poynter:
The New York Post reporter covering top Wisconsin political races has strong ties to Republicans and conservatives and was paid by Republican entities in 2023
iMore:
iMore, which covers Apple products and services and is owned by Future PLC, says it will no longer post new content; its forum will stay active until November 1
Alex Weprin / The Hollywood Reporter:
Disney officially launches its password sharing crackdown; users can add an “Extra Member” for $6.99/month for Disney+ Basic or $9.99/month for Disney+ Premium
 

 
From Techmeme:

Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement to form a joint venture that will operate Intel's chipmaking facilities; TSMC will take a 20% stake

Kif Leswing / CNBC:
Tech stocks fall after President Trump announced new global tariffs: Amazon closed down 9%, Meta 9%, Nvidia 7.8%, Alphabet 3.9%, and Microsoft 2.4%

Will Oremus / Washington Post:
An increasingly vocal contingent of GOP leaders, some of whom attended Y Combinator's Little Tech Competition Summit, call for antitrust action against Big Tech

 
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