Reddit says it plans to test AI-powered search result pages later this year, using a combination of first- and third-party tech to power the feature (Lauren Forristal/TechCrunch)

Mediagazer: Reddit says it plans to test AI-powered search result pages later this year, using a combination of first- and third-party tech to power the feature (Lauren Forristal/TechCrunch)

Top News:

CNBC:

Reddit Q2: revenue rose 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques increased 51% YoY to 91.2M, and net loss dropped from $41.1M to $10.1M YoY— Reddit reported second-quarter results on Tuesday that topped analysts' estimates. — Here are the key numbers:
Discussion: @jonathan_vanian_1@threads.net: Reddit COO Jen Wong says Ad market is “stable.” But, “there are real election jitters. We did see some pauses in the UK around the [recent] election. We saw pauses around times of Trump rally shooting. So I think there's a lot of caution. …

Gordy H. /
Gordy H. on LinkedIn: Reddit, Inc. announced Q2 Earnings today and the results were stellar! 🚀 — Highlights Include: —Both users and revenue grew over 50% …

Martin Peers /
The Information: Reddit Reports 54% Revenue Growth in Q2

RELATED:

TechCrunch:

Reddit says it plans to test AI-powered search result pages later this year, using a combination of first- 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:
@karissabe@threads.net and Engadget, more at Techmeme »

Discussion:

Karissa /
@karissabe@threads.net: On reddit's earnings call just now, Steve Huffman says the company will begin testing new AI-powered search results later this year. “Later this year, we will begin testing new search result pages powered by AI to summarize and recommend content, helping users dive deeper into product, shows, games and discover new communities on Reddit.”

Karissa Bell /
Engadget: Reddit CEO teases AI search features and paid subreddits

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, Fox News, Associated Press, Brian Steinberg on LinkedIn, CNBC, Front Office Sports, TVLine, CNN, USA Today, The Wrap, New York Times, Awful Announcing, Deadline, Awful Announcing, Sportico, Barrett Media, New York Post, Los Angeles Times, New York Daily News and The Hollywood Reporter

Discussion:

Andrew Marchand /
New York Times: The eye-popping $77 billion haul that shook up the NBA landscape — and the future of media Fox News: Charles Barkley reverses retirement decision, vows to stay with TNT long-term: ‘This is the only place for me’

Brian Steinberg /
Brian Steinberg on LinkedIn: NEW: Charles Barkley backs off retirement plans, says he will stay with Warner Bros. Discovery and looks beyond looming loss of NBA rights.... …

Alex Sherman /
CNBC: Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA

Michael McCarthy /
Front Office Sports: Charles Barkley Un-Retires From TV, Says He's Staying With TNT

Dave Nemetz /
TVLine: Charles Barkley Walks Back Retirement Decision as Warner Bros. Discovery Fights to Retain NBA Games

Liam Reilly /
CNN: Charles Barkley cancels his retirement plans, says he'll stay with TNT Sports for long term

Mike D. Sykes /
USA Today: 5 things (NHL!) Charles Barkley can still do with TNT when Inside the NBA leaves the network

Lucas Manfredi /
The Wrap: Charles Barkley Cancels Retirement, Commits to TNT Sports for ‘Years to Come’

Andrew Marchand /
New York Times: Charles Barkley not retiring, staying with TNT Sports long term: ‘This is the only place for me’

Ben Axelrod /
Awful Announcing: Charles Barkley cancels retirement to remain with TNT Sports long-term

Nellie Andreeva /
Deadline: Charles Barkley Will Stay With TNT Sports “For Years To Come” In Retirement Plans Reversal

Jason Clinkscales /
Sportico: Charles Barkley ‘Reaffirms’ Long-Term Commitment to WBD

Ryan Glasspiegel /
New York Post: Charles Barkley does about-face on TV retirement with TNT commitment

Chuck Schilken /
Los Angeles Times: Charles Barkley isn't retiring or joining another network. TNT ‘is the only place’ for him

Peter Sblendorio /
New York Daily News: Charles Barkley nixes plan to retire, confirms long-term commitment to TNT Sports

Alex Weprin /
The Hollywood Reporter: Charles Barkley Cancels Retirement Plans, Will Stay With TNT Sports for “Years to Come”

RELATED:
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

Discussion:

New York Times:

Red Ventures sells CNET, an early pioneer of online tech coverage, to Ziff Davis, which owns Mashable, PC Mag, Lifehacker, and others, a source says for $100M+— Ziff Davis is acquiring CNET for more than $100 million. Its chief executive thinks more acquisitions are on the horizon.

Discussion:
Deadline, The Desk, The Information, @jeffjarvis, @saschasegan, @photomatt, Lindsey Turrentine on LinkedIn, @dctrjack, Lauren Newman on LinkedIn, @film_girl, @rhunwords, Roger Cheng on LinkedIn, @ldignan, @benmullin, @felixsalmon, @rafat, Connie Guglielmo on LinkedIn, @seangriffey, @rafat, @tsuvik, The Wrap, @sjvn@mastodon.social, @tvgrimreaper, @rogerwcheng, @bombur, Variety, MediaPost, @danackerman, Axios, Adweek, The Verge and TVNewsCheck, more at Techmeme »

Discussion:

Jill Goldsmith /
Deadline: Pioneering Tech Site CNET Sold To Digital Media Publisher Ziff Davis

Martin Peers /
The Information: Meta's Ray-Ban Glasses Deserve More Attention @jeffjarvis: In other words, Vivek Shah rescues CNET. I seriously wish Ziff Davis would similarly save a certain tech podcast company. CNET Sold to Ziff Davis in Sign of Possible Media Deals to Come https://www.nytimes.com/...

Sascha Segan /
@saschasegan: @danackerman It would be a good move. ZD is actually interested in running tech media, unlike some owners.

Matt Mullenweg /
@photomatt: @rafat CNET is what got me to drop out of college and move to San Francisco!

Lindsey Turrentine /
Lindsey Turrentine on LinkedIn: It's a new—and exciting—chapter for CNET and ZDNET! We've entered into an agreement for Ziff Davis to acquire both of our storied and industry-leading brands (and reunite ZDNET with its namesake). …

Jack Ryan /
@dctrjack: Sounds like Ziff Davis (IGN, Eurogamer, gamesindustry dot biz, Humble Bundle) is buying CNET. My advice is the same: Archive. Your. Work. Grab a little PDF of that thing. Do a little screenshot. Save your audiovisuals. Be free.

Lauren Newman /
Lauren Newman on LinkedIn: Thrilled to announce the next chapter for CNET and ZDNET! Two of the most iconic tech brands, driven by exceptional editorial led by Lindsey Turrentine …

Christina Warren /
@film_girl: The crazy thing here is that CNET bought ZDNET (itself a spin-off of Ziff Davis) in the year 2000 for a truly stupid amount of on-paper money. Unclear if Red Ventures selling just CNET or if ZDNet will be sold too, thus finally reunifying the zombie brands? @rhunwords: Potentially huge for CNET and Interesting Times for brands like Mashable, PC Gamer and Lifehacker already covering the tech beat at ZD

Roger Cheng /
Roger Cheng on LinkedIn: After a pandemic, an acquisition, several rounds of layoffs, and a big blowup over AI, CNET is once again thrown for another loop with Ziff Davis acquiring …

Larry Dignan /
@ldignan: @mediagazer @BenMullin For those original ZDNet folks, this is beyond weird, but good news for CNET people since Ziff actually has media knowhow. If CNET still includes ZDNet then Ziff gets to reunify the brand after more than two decades. ZDNet was hatched from Ziff Davis, CNET bought ZDNet to avoid

Ben Mullin /
@benmullin: News: Ziff Davis has acquired CNET from Red Ventures for more than $100 million. Ziff Davis' chief executive, Vivek Shah, said it's a sign of more deals on the horizon as the digital media industry comes under additional pressure https://www.nytimes.com/...

Felix Salmon /
@felixsalmon: This story is basically a game of digital-media mad libs @rafat: Wow. I am old enough to remember the opposite when it happened 22 years ago, reported the story back then for Silicon Alley Reporter. [image]

Connie Guglielmo /
Connie Guglielmo on LinkedIn: Every day, an adventure. — “Ziff Davis is acquiring CNET for more than $100 million.” https://lnkd.in/...

Sean Griffey /
@seangriffey: Ziff Davis knows how to operate media properties like CNET. Good home for them. Thought they were one more bad stop away from me being able to scrape money together to buy it. The history: 2008: CBS buys for $1.8B 2020: RD - $500M 2024: ZD - $100M

@rafat:
Thus proves that @VivekRShah is one of the canniest — and unheralded — media CEOs of our times.

Vikas SN /
@tsuvik: How tables turn 2002 - CNET buys Ziff Davis for $1.6 billion (After multiple change of hands...) 2024- Ziff Davis buys CNET for around $100M https://www.nytimes.com/....

Adam Chitwood /
The Wrap: Ziff Davis Buys CNET for $100 Million @sjvn@mastodon.social: This also means ZDNET, my main editorial home for the last few years, will also belong to Ziff-Davis. Again. What does this mean for me? Darned if I know, but I expect I'll still be writing away. After all, one way or the other, I've been writing for ZD-related publications since 1987! … @tvgrimreaper: CNET history: 2008: CBS, $1.8 billion! 2020: Red Ventures, $500 million 2024: Ziff Davis, $100 million 2028: Four Seasons Landscaping, $1.50?

Roger Cheng /
@rogerwcheng: Good luck to the talented journalists of @cnet, who I'm hearing from multiple folks will be purchased by Ziff Davis. It's been a topsy turvy ride for the storied tech brand.

Mike Epstein /
@bombur: Assuming this is right, Ziff now owns PCMag, Mashable, and CNET, as well as IGN, which covers tech, and Lifehacker, which does tech service. I'm happy for CNET to get out from under Red Ventures, but I'm also nervous for all the good ppl I used to work with at the other brands.

Todd Spangler /
Variety: CNET to Be Acquired by Ziff Davis for $100 Million

Ray Schultz /
MediaPost: Ziff Davis To Purchase CNET For $100 Million

Dan Ackerman /
@danackerman: Hearing, from multiple sources, that Ziff-Davis is buying CNET — unimaginable five years ago! Feels like good news for the team.

Sara Fischer /
Axios: Red Ventures sells CNET to Ziff Davis

Mark Stenberg /
Adweek: Ziff Davis Acquires Tech Publisher CNET for Over $100M

Jess Weatherbed /
The Verge: Ziff Davis is buying CNET for just $100 million

Benjamin Mullin /
TVNewsCheck: CNET Sold To Ziff Davis In Sign Of Possible Media Deals To Come

Axios:

X sues the World Federation of Advertisers, GARM, and GARM members CVS Health, Mars, Orsted, and Unilever over what Linda Yaccarino calls an “illegal boycott”— Members include major tech companies, advertisers, agencies, ad tech firms and advertising coalitions.

Discussion:
@lindayax, @elonmusk, The Verge, Mediaite, Awful Announcing, Adweek, Associated Press, Rumble, @tracybeanz, @sherrilynifill@threads.net, @crumbler@threads.net, @katzish@threads.net, @goldman@threads.net, PRWeek, Fast Company, MediaPost, The Hollywood Reporter, The Verge, Reclaim The Net, New Republic, @elonmusk, @catthekin, AV Club, @theliamnissan, @baekdal, Financial Times, @jesse_brenneman, The Information, CNN, @bobbyallyn, @fmanjoo, Bloomberg, @chrispavlovski, @kyliebytes, Reuters, @digiphile@threads.net, @allahliker, @stopfundinghate, @rumblevideo, Wall Street Journal, Deadline, The Media Leader, New York Times, @dankennedy_nu@threads.net, @silvermanjacob, @lorakolodny@threads.net, Greg Glenday on LinkedIn, @chrispavlovski, Ruben Schreurs on LinkedIn, @kateaconger@threads.net, @rstephens@threads.net, @tracybeanz, Futurism, Wired, Quartz, @mac_ryan_@threads.net, @elizspiers@threads.net, @joshtpm, @katieeyton, New York Post, @sarafischer, @bobbyallyn, The Drum, @lindayax, The Wrap, TechCrunch, Variety, Engadget, Ars Technica, TVNewsCheck, Fox Business, Barrett Media and Digiday, more at Techmeme »

Discussion:

Linda Yaccarino /
@lindayax: An open letter to advertisers

Elon Musk /
@elonmusk: We tried peace for 2 years, now it is war

Sarah Rumpf /
Mediaite: ‘I Thought It Was a Deepfake’: Linda Yaccarino Roasted Over Awkward Video Announcing X Is Suing Advertisers

Andrew Bucholtz /
Awful Announcing: X CEO Linda Yaccarino's video begging for ads gets roasted amidst lawsuit against advertisers

Catherine Perloff /
Adweek: Ad Buyers Rethink X Presence Following the Platform's GARM Lawsuit Associated Press: Elon Musk's X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover Rumble: Rumble Joins X to Sue Advertising Cartel that Allegedly Conspired to Withhold Digital Advertising Revenue

Tracy Beanz /
@tracybeanz: @chrispavlovski Chris, technically every creator has been boycotted - we should consider a class action. I'd sign on.

Sherrilyn Ifill /
@sherrilynifill@threads.net: Yaccarino is not sacrificing for Musk. She is one of the true believers who've been lurking in business, media, journalism and law for some time without letting on their extremist views. We're seeing them now because they feel released and able to walk fully in their beliefs.

Casey Newton /
@crumbler@threads.net: Over on X, Linda Yaccarino just announced the company is suing advertisers for “illegally boycotting” the platform. Apparently X believes you have a legal obligation to spend money there 😆

Amanda Katz /
@katzish@threads.net: I read this twice and I still don't understand why these companies were required to give her their money. There is a name for that, but it's not “business” and you usually gotta hire Joey “the Enforcer” to threaten to break their legs

Jason Goldman /
@goldman@threads.net: Who's the audience for the Yaccarino “Begun this Advertiser War Has” video. It can't be advertisers or the media. Is it just a pure Chud Communique?

Brandon Doerrer /
PRWeek: Consultants call GARM antitrust lawsuit ‘disaster’ for X

Chris Morris /
Fast Company: Elon Musk's X claims advertisers boycotted the platform

Wendy Davis /
MediaPost: X Corp. Sues GARM Over ‘Massive’ Ad Boycott

Winston Cho /
The Hollywood Reporter: In Bid for Ads, Elon Musk's X Declares Legal War on ... Advertisers

Kylie Robison /
The Verge: Inside X's all hands.

Edith Olmsted /
New Republic: Elon Musk's New Lawsuit Proves He's a Whiny Little Baby

Elon Musk /
@elonmusk: Everyone who has been boycotted should file a lawsuit in every country they've been boycotted

Claire Atkin /
@catthekin: LOL @lindayaX look at your serious face here! I'm so proud to have told you to your face that you are a disingenuous person and that all the advertisers know that you are disingenuous, too. Forcing advertisers to be on X is laughably opposite free speech https://www.techpolicy.press/ ...

Mary Kate Carr /
AV Club: Elon Musk declares “war” on a bunch of advertisers

Liam Nissan™ /
@theliamnissan: “I am suing all of the companies who refuse to advertise on my social media platform” - Sissy SpaceX [image]

Thomas Baekdal /
@baekdal: Heh.. I can't ever recall anyone convincing someone to advertise by suing them ¯\_(ツ)_/¯

Jesse Brenneman /
@jesse_brenneman: What an incredible thing to say about people you are trying to get to pay money [image]

Sahil Patel /
The Information: X Sues Ad Industry Group, Some Top Advertisers

Bobby Allyn /
@bobbyallyn: The most significant thing about X's lawsuit against GARM are not the allegations, but the Texas judge: Reed O'Connor. He also is overseeing X's Media Matters suit and, in an extraordinary move, allowed discovery to start BEFORE a motion to dismiss was ruled on. (1/2)

Madlin Mekelburg /
Bloomberg: Musk's X Sues Group Over Ad Boycott That Cost Billions

Chris Pavlovski /
@chrispavlovski: If you have been boycotted by advertisers. Follow the lead by Rumble and X. Now is the time to break the cabal.

Kylie Robison /
@kyliebytes: NEW: In an all-hands at X, formerly Twitter, CEO Linda Yaccarino attempted to rally the troops after X filed a lawsuit against a coalition of major advertisers, claiming it had coordinated an “illegal boycott” and cost the company billions of dollars. Yaccarino urged employees

Alex Howard /
@digiphile@threads.net: I see X is asserting there's been a violation of the Sherman Act - an antitrust matter. Thanks to @kateaconger for uploading the suit: https://www.documentcloud.org/ ... Seems notable to me that the House committee cited didn't refer this matter to thejusticedept … @allahliker: being brought in to shore up the advertising bleed and eventually being forced to announce a silly lawsuit against advertisers for refusing to advertise here. only on X! @rumblevideo: BREAKING: Rumble has joined @X to sue a cartel of advertisers and ad agencies who conspired to block ad revenue from going to certain platforms and content creators. GARM was a conspiracy to perpetrate an advertiser boycott of Rumble and others, and that's illegal. [image]

Wall Street Journal:
Elon Musk's X Sues Advertising Group Over Boycott That Allegedly Cost the Platform Billions

Jill Goldsmith /
Deadline: Elon Musk's X Sues Advertisers, Says Boycotts Violated Antitrust Law

Sabrina Quagliozzi /
The Media Leader: X slams advertisers in antitrust lawsuit

Kate Conger /
New York Times: X, Owned by Elon Musk, Brings Antitrust Suit Accusing Advertisers of a Boycott

Dan Kennedy /
@dankennedy_nu@threads.net: I am not going to advertise on Xitter. Should I lawyer up?

Jacob Silverman /
@silvermanjacob: The hand gestures are wayyy overdone. No one is obligated to buy advertising on this site, but it'll be interesting to see Musk try to sue advertisers into giving them money rather than focusing on making X a decent place where companies actually want to advertise.

Lora Kolodny /
@lorakolodny@threads.net: the hopes of chilling effects are obvious! no need to wonder.

Greg Glenday /
Greg Glenday on LinkedIn: Tell me you don't understand the ad market without telling me you don't understand the ad market. If you're a seller at Twitter/X and you'd prefer …

Chris Pavlovski /
@chrispavlovski: Google just found out that they can't rig the search market to exclude their competitors anymore. And soon a cabal of advertisers and agencies will find out that they can't arbitrarily engineer a boycott of Rumble & X. We've joined @X to sue them, and we'll see them in court.

Ruben Schreurs /
Ruben Schreurs on LinkedIn: X, formerly Twitter, has filed an antitrust lawsuit against GARM, WFA, and four members. — The suit is frivolous, in my personal opinion …

Kate Conger /
@kateaconger@threads.net: Linda Yaccarino is currently leading an employee all-hands to talk about suing GARM. She started by telling everyone that X is still a member of GARM, despite today's lawsuit. @mac_ryan_ https://www.nytimes.com/...

Robert Stephens /
@rstephens@threads.net: Give me your best rhymes with “self own”

Tracy Beanz /
@tracybeanz: 🚨🧵 THREAD: X Corp has sued the World Federation of Advertisers in an antitrust action. It is my understanding that Rumble is joining this lawsuit - though the docket doesn't reflect that yet. This thread will detail the complaint, and further reporting on this will be found [image]

William Gavin /
Quartz: Elon Musk's X thinks boycotting advertisers are creating a monopoly against it

Ryan Mac /
@mac_ryan_@threads.net: In the meeting, Linda Yaccarino just shouted out “the press” who figured out how to report on the employee all-hands meeting in real-time. She said it's a testament to the company's popularity and importance.

Elizabeth Spiers /
@elizspiers@threads.net: I cannot fathom voluntarily tanking one's own career like this on behalf of a megalomaniac.

Josh Marshall /
@joshtpm: this is exactly what this is about. they're accusing advertisers of conspire together not to advertise on X. these freaks need the federal courts to compel companies to advertise on their shit platform. amazing.

Katie Eyton /
@katieeyton: It's not just politics - a week is a long time in advertising too it seems. X files antitrust lawsuit against GARM. An organisation it re-joined 6 weeks ago. https://wfanet.org/...

Thomas Barrabi /
New York Post: Elon Musk's X files antitrust suit against shadowy ad cartel for allegedly coordinating ‘illegal boycott’

Sara Fischer /
@sarafischer: NEW: @rumble is joining X in suing World Federation of Advertisers (WFA), BUT it's also suing @WPP and its subsidiary @GroupMWorldwide, one of the largest ad-buying firms in the country For more context on why GroupM, see my story from last month: https://www.axios.com/... [image]

Bobby Allyn /
@bobbyallyn: That allowed for vast amounts of broad and costly data collection from Media Matters, which the group compared to “harassment,” leading to layoffs due to crushing litigation costs - again, before the suit's merit's were even decided. Now that same judge has the GARM case (2/2)

Webb Wright /
The Drum: Elon Musk's X sues the World Federation of Advertisers over alleged advertising boycott

Linda Yaccarino /
@lindayax: A Message to X Users [video]

Josh Dickey /
The Wrap: Elon Musk's X Sues Advertiser Group for ‘Massive Boycott,’ Seeks Billions in Antitrust Case

Brian Heater /
TechCrunch: X files antitrust suit against advertising groups over ‘systematic illegal boycott’

Todd Spangler /
Variety: Elon Musk's X Sues Advertisers Accused of an ‘Illegal’ Boycott: ‘Now It Is War’

Karissa Bell /
Engadget: X sues advertisers for ‘illegal boycott’ of the platform

Jon Brodkin /
Ars Technica: Elon Musk declares “it is war” on ad industry as X sues over “illegal boycott”

Krystal Scanlon /
Digiday: X files federal antitrust suit against GARM, WFA, CVS Health, Mars, Orsted, Unilever

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

Discussion:
The Wrap, Los Angeles Times, Bob Gold on LinkedIn, Variety, @michaelsocolow, @jbflint, The Hollywood Reporter, The Desk and Talking Biz News

Discussion:

Stephen Battaglio /
Los Angeles Times: Veteran TV trade journal Broadcasting + Cable is shutting down, in a sign of the times for media

Bob Gold /
Bob Gold on LinkedIn: Bye-bye Multichannel News, Broadcasting & Cable and Next TV magazines and newsletters - alas! I knew ye well. …

Todd Spangler /
Variety: TV Industry Trade Outlets Broadcasting & Cable, Multichannel News Are Shutting Down

Michael Socolow /
@michaelsocolow: It's not even 12 noon, and the cuts in the media & journalism industry today are astonishing. -Tampa Bay Times cuts 20%. -Axios fires 50 people, last day this Friday. -Broadcasting & Cable magazine - the bible of the industry - to cease publication. This is bad. Real bad.

Joe Flint /
@jbflint: Broadcasting & Cable Mag, which made its debut in 1931 as Broadcasting Magazine, is officially no more. Media reporters that started there include John Lippman (former LAT & WSJ), David Crook (former LAT/WSJ) and @Variety_Cynthia. It was considered the bible of TV and radio. RIP

Alex Weprin /
The Hollywood Reporter: Broadcasting & Cable to Shutter As This Year's Media Meltdown Escalates

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 Hill, The Wrap, Fast Company, New York Post, @mac_ryan_@threads.net, @geomoriarty@threads.net, Fox Business, @loopemma, @samueljrob, @selenesanfelice, @loopemma, @daniellealberti, @ethangach, @smtology, @ethanscorey, @billygribbin, @chrisjollyhale, @benkesslen, @aulia@threads.net, @justinbaragona, @danprimack, @ryanabest, @chaykak, @redsteeze, @keitholbermann, @sophiacai99, @tim_bays, @ruhlmuk, @brandyljensen, @chriscillizza, @simranparwani, @tblysik, @mikebrice, Erin Hulliberger on LinkedIn, @sarafischer, @nickicamberg, @katie_robertson, @jdawsey1, @simranparwani, @daniellealberti, @sopandeb, TVNewsCheck, Nieman Lab and Deadline

Discussion:

Sarah Fortinsky /
The Hill: Axios laying off more than four dozen staffers: Reports

Natalie Korach /
The Wrap: Axios Lays Off 50 Staffers Amid Media Landscape Shift

AJ Hess /
Fast Company: Axios announced it's laying off 10% of staff in a ‘cringe’ branded memo. That's not the worst part

Alexandra Steigrad /
New York Post: Axios cuts roughly 50 positions amid ‘changing’ media landscape: ‘Painful but necessary’

George Moriarty /
@geomoriarty@threads.net: Today is a very sad day at Axios. Enormous talent is available, and they are also good people, without exception. To my friends and now former colleagues, my network is yours. Please be well. Fox Business: Axios eliminating roughly 50 positions because of ‘tectonic shifts in the media’ industry

Emma Loop /
@loopemma: I have extensive political/investigative reporting experience. I also now have experience managing a team, editing and sending a flagship newsletter, editing all sorts of national news, homepage management, and much more.

Sam Robinson /
@samueljrob: I'm losing my job Friday! Oh well. If you're a staffer I've been working with: Please send all campaign stuff/press releases to samueljrobinson@icloud.com after Friday. I'll still be posting On Here. If you're an employer and want to help me pay my rent soon, message me.

Selene San Felice /
@selenesanfelice: 1 big thing: Axios laid me off.

Emma Loop /
@loopemma: I'm heartbroken to say I'm one of the people affected by the cuts at Axios today. I have a lot to figure out and will be taking some downtime, but if anyone in the U.S. or Canada is hiring, feel free to reach out.

Danielle Alberti /
@daniellealberti: The Visuals team was exceptionally hit hard by this news. Please reach out if you're looking for data viz designers, developers, data analysts, visual storytellers or illustrators. @ethangach: I love how this is framed around being forward thinking and then has no idea what is a really coming beyond “change”

Stephanie Tuerk /
@smtology: I am really saddened to hear about the Axios/@AxiosVisuals layoffs. The field of data viz has constantly been pushed forward by work in news orgs, and it's extremely sad to me to see fewer and fewer of these opportunities.

Ethan Corey /
@ethanscorey: Oh God, they formatted their layoff notice like an Axios story. Horror compounding horror.

Billy Gribbin /
@billygribbin: Imagine getting fired with a “why it matters” explainer

Christopher Hale /
@chrisjollyhale: @katie_robertson @JimVandeHei The “why it matters” headline is a vicious way to present this.

Ben Kesslen /
@benkesslen: It's nasty work to do this in the Axios format. Make it a regular email...

Justin Baragona /
@justinbaragona: There's just something so unsettling that they used the Axios “smart brevity” bulletpoint format to fire their staffers. WHY IT MATTERS: You will no longer have a job.

Dan Primack /
@danprimack: So, this is a shitty day here at Axios. No way to sugarcoat that. We're saying goodbye to some extraordinary colleagues, and I hope they all get picked up quick. For those here celebrating people losing their jobs, it says everything about you and nothing about them.

Ryan Best /
@ryanabest: Simran is so talented, and more importantly a delight! Whoever gets to work with her next is very ~very~ lucky.

Kyle Chayka /
@chaykak: smart brevity: why you got laid off

Stephen L. Miller /
@redsteeze: Wonder if laid off Axios people think we're entering a recession now. [image]

Keith Olbermann /
@keitholbermann: The suck catches up to Axios

Sophia Cai /
@sophiacai99: It's a really difficult day at Axios - we are losing some incredible colleagues and friends ❤️ please flag your newsroom's job postings

Tim Baysinger /
@tim_bays: Tory is the best and you should hire her

Rahul Mukherjee /
@ruhlmuk: I was one of the folks impacted :/ It's been a pleasure working at @AxiosVisuals, some of the best journalists in the industry. If anyone has any graphics/visuals gigs, especially in the NYC area, please reach out.

Brandy Jensen /
@brandyljensen: announcing this in the house style ("why it matters" bullet points) is so dark

Chris Cillizza /
@chriscillizza: Mainstream media journalism has a broken business model. Even Axios, which I think has led the way in terms of innovation and forward-thinking, isn't immune. If we want to have journalism going forward, we have to convince people they need to pay for it.

Simran Parwani /
@simranparwani: also immensely grateful for all the journalists before me who have been so open and vulnerable about their layoffs and have normalized it (though why should it be so normal) // i feel less shame though it's hard for it not to feel like a reflection of my abilities

Tory Lysik /
@tblysik: Sadly I am one of the many who found out their position was eliminated today. It has been an absolute honor to work with such a hardworking group of people. I have a lot to figure out. But if anyone is hiring, especially in the NYC area, please reach out.

Mike Brice /
@mikebrice: It is the common curve with these media start ups. Promise the stars, attract talent with above market wages and then crash and burn. What was the name of the last company to do this? I already forgot.

Erin Hulliberger /
Erin Hulliberger on LinkedIn: Hate to hear about layoffs at Axios. Their newsletters are a daily go-to for me and many others, and I've had nothing but positive interactions with Axios reporters. …

Sara Fischer /
@sarafischer: My heart goes out to my company and those impacted by this. Please keep Axios talent in mind if you have job openings.

Nicki Camberg /
@nickicamberg: This is the team that trained me and made me the data journalist that I am today. They are all incredibly talented, hard workers, and genuinely fun and nice people — HIRE THEM!!!

Katie Robertson /
@katie_robertson: More from the Axios note https://x.com/... [image]

Josh Dawsey /
@jdawsey1: Why it matters: you might not have a job anymore.

Simran Parwani /
@simranparwani: guess it's my last week @axios , still a bit shocked and sad that half our team was laid off, but grateful to have learned so much from my kind, brilliant @AxiosVisuals coworkers // one last chart roundup of some faves from the past two years✨ [image]

Danielle Alberti /
@daniellealberti: Simran is one of the most talented data viz journalists I've ever (ever) worked with. She has every. single. skill. She has boundless curiosity, interest and passion. She has such clever and original ideas, and she will try everything before finding the best way to tell a story.

Natalie Korach /
TVNewsCheck: Axios Lays Off 50 Staffers Amid Media Landscape Shift

Neel Dhanesha /
Nieman Lab: Axios has its first-ever layoffs, citing “shifting reader attention and behavior” and AI

Jill Goldsmith /
Deadline: Axios Laying Off 50 Staffers, About 10% Of Workforce

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, IndieWire, Deadline, The Streamable, Deadline, Bloomberg, Next TV and Cord Cutters News

Discussion:

Brendan Coffey /
Yahoo Finance: Fubo Q2 Results Lifted by Baseball, Soccer; CEO Hits Venu

Chris Dolmetsch /
Bloomberg Law: Fox-Warner-Disney Sports Streamer Should Be Blocked, Fubo Argues

Tony Maglio /
IndieWire: Why Does Venu Sports Want to Self-Destruct in 9 Years?

Dade Hayes /
Deadline: Disney-Fox-WBD Sports Streaming Venture Has One Major Advantage, Fubo CEO David Gandler Testifies: “Price Is King”

David Satin /
The Streamable: Critical Week Arrives in Fubo's Venu Sports Antitrust Lawsuit; Will Injunction Request Be Granted?

Dade Hayes /
Deadline: Disney, Fox & Fubo Lawyers Clash In NY Court As Venu Sports Antitrust Lawsuit Goes Before Judge

Chris Dolmetsch /
Bloomberg: Fox-Disney Sports JV Is the ‘Last Straw,’ Fubo CEO Testifies

Daniel Frankel /
Next TV: Fubo Begins Preliminary Injunction Quest Against Venu Sports as Antitrust Suit's Hearings Begin

Luke Bouma /
Cord Cutters News: The Future of Fubo Maybe Decided Today

RELATED:

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, Media Play News, The Desk, @fubotv_pr, Next TV, Advanced Television, The Streamable and Cord Cutters News

Discussion:
Fubo: Fubo Closed Q2 2024 With 26% Year-over-Year Revenue Growth, 24% Year-over-Year Subscriber Growth and Exceeded Guidance in North America; Global Business …

Erik Gruenwedel /
Media Play News: Fubo Ups Q2 Online TV Subs 24% to 1.45 Million, Narrows Fiscal Loss 50%

Matthew Keys /
The Desk: Fubo loses TV subscribers, trims financial losses in Q2 @fubotv_pr: Fubo Closed Q2 2024 With 26% Year-over-Year Revenue Growth, 24% Year-over-Year Subscriber Growth and Exceeded Guidance in North America; Global Business Achieved 6th Consecutive Quarter of Year-over-Year Improvement in Profitability Metrics https://www.businesswire.com/ ...

David Satin /
The Streamable: Fubo Falls to 1.45 Million Paid Users in North America, Posts 26% Year-Over-Year Revenue Increase

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, Axios, The Hill, TechRadar, Fox Business, Cord Cutters News, The Desk, The Media Leader, New York Post, 9to5Mac, Digital Trends, The Information, TVLine, @2xaught7.bsky.social, Quartz, BGR, Engadget, The Streamable, CNN, Variety, IndieWire, Bloomberg, Decider, Kotaku, Ars Technica, The Wrap, Deadline, Consequence and New York Daily News

Discussion:

Kelly Tyko /
Axios: Disney hiking prices for Hulu, ESPN+ and Disney+

Lauren Irwin /
The Hill: Disney ups streaming costs for Disney+, Hulu and ESPN+

Jacob Krol /
TechRadar: Get ready - Disney Plus, ESPN Plus, and Hulu are all getting more expensive - here's what you need to know

Sabrina Quagliozzi /
The Media Leader: Disney to hike streaming prices

Alexandra Steigrad /
New York Post: Disney hikes streaming prices for Hulu, Disney+ and ESPN+

Chance Miller /
9to5Mac: Disney+, Hulu, and ESPN+ are all getting more expensive

Phil Nickinson /
Digital Trends: Get ready to pay for more Disney+, Hulu, and ESPN+

Ryan Schwartz /
TVLine: Disney+ and Hulu Reveal Major Price Increases — Here's How Much It'll Cost You to Stream Without Ads

Jacob Siegal /
BGR: Disney+, Hulu, and ESPN+ are raising prices again in October

David Satin /
The Streamable: Canceling Disney+, Hulu or ESPN+ Ahead of Price Increases? What Are the Best Alternatives?

Samantha Delouya /
CNN: Disney hikes price for Disney+, Hulu and ESPN+ subscription services

Todd Spangler /
Variety: Disney Hiking Prices Across All Disney+, Hulu and ESPN+ Stand-Alone Plans and Most Bundles

Radhamely De Leon /
Decider: Disney Hikes Monthly Cost Of Disney+ To $16 As It Also Raises Prices For Hulu, ESPN+ And Streaming Bundles

Zack Zwiezen /
Kotaku: Disney+ Gets Another Price Increase, Will Cost Twice As Much As It Did In 2019

Scharon Harding /
Ars Technica: “So tired”: Disney+, Hulu, ESPN+ prices increase by up to 25 percent in October

Lucas Manfredi /
The Wrap: Disney+ to Raise Price, Add Continuous Playlists for ‘Lean-Back’ Viewing Experience This Fall

Jill Goldsmith /
Deadline: Disney To Raise Prices On Most Streaming Plans This Fall

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 »

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 …

Discussion:
Gabriela Domanico on LinkedIn, TVNewsCheck, Catherine Perloff on LinkedIn, @catherineperlo1 and The Sun

Discussion:

Gabriela Domanico /
Gabriela Domanico on LinkedIn: This summer, Netflix is partnering with ad tech firms like The TradeDesk , Google's Display & Video 360, and Magnite, offering programmatic inventory with floors as low as $15 for a 10-second ad. …

Mark K. Miller /
TVNewsCheck: LMC's NewsPassID Ad Network Releases New Local News Ad Buying Solutions

Catherine Perloff /
Catherine Perloff on LinkedIn: Scoop: Netflix is further lowering their ad prices, as competition in streaming advertising heats up. …

Catherine Perloff /
@catherineperlo1: Scoop: Netflix is lowering ad prices again as the steaming landscape becomes more competitive. We also have details of the streamer's upcoming launch with The Trade Desk. https://www.adweek.com/...

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:

Dean Moses /
AM New York: Indy journalist surrenders in antisemitic vandalism spree targeting Brooklyn Museum's Jewish board members

Karen K. Ho /
ARTnews: Journalist Arrested After Filming Vandalism of Brooklyn Museum Leaders' Homes New York Post: NYC journalist charged with hate crimes for antisemitic vandalism — including at home of Brooklyn Museum's Jewish director @freedomofpress@newsie.social: This is VERY alarming. — Cops and prosecutors have dreamed up plenty of convoluted theories to criminalize journalism, but the NYPD charging a reporter with a hate crime for documenting news has to be one of the most outrageous yet. — https://apnews.com/... @joshuaphilll: A journalist arrested for recording a protest. They even acknowledge he didn't participate in the protest in any way. Fascism in response to anti-genocide protests.

Joey Scott /
@joeyneverjoe: The charges won't stick and they know it. But until they're dropped NYPD is free to terrorize and harass them.

Anne Ominous /
@rustoleumlove@mastodon.online: this is utter insanity — NYPD charged a journalist w a hate crime for filming a pro-palestinian protest — “Samuel Seligson, an indy videographer, was not involved in vandalism & is only accused of documenting it, [said a source] — ... …

Peter Sterne /
@petersterne: It is not illegal to report on illegal conduct. There can be gray areas - a journalist cannot participate in a crime and also film it - but the distinction between “doing something illegal” and “reporting on people doing something illegal” is fundamental to press freedom.

Alexei Koseff /
@akoseff: There appears to be a disturbing increase in authorities punishing journalists for simply covering protests. Here in California, @Stanford is pushing for the prosecution of a student reporter who covered a takeover of the president's office: https://www.sfchronicle.com/ ...

Peter Sterne /
@petersterne: This is concerning. It's common (though still wrong!) for the NYPD to detain journalists covering protests. But the NYPD raiding a reporter's home & arresting him on hate crime charges for covering a demonstration is a dramatic escalation of the war on the press.

Ash J /
@ashagony: Two people have been arrested so far over spray paint at the homes of some Brooklyn Museum execs & board members. That action was falsely labeled antisemitic after it was falsely reported that the execs/board members were all Jewish. Meanwhile, both people arrested are Jewish!

Matthew Ismael Ruiz /
@porican: the fascism, it is no longer creeping. the mask is fully off

Laila Al-Arian /
@lailaalarian: This arrest sets a very dangerous precedent and every journalist should be concerned New York Daily News: Videographer busted for taking part in vandalism of Brooklyn Museum president's home

Phoebe /