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CNBC:
Disney reports $11.78B in Q3 revenue vs. $12.37B est., down 42% YoY, says it has 100M+ paid subs for streaming services including Disney+, Hulu, and ESPN+ — - Disney reported earnings for its third quarter of 2020 after the bell on Tuesday as it continues to feel the impact of the coronavirus pandemic …
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Variety, The Walt Disney Company, The Wrap, The Streamable, @ericjhonsa, @xpangler, @thesharkpunch, @craigtimes, @jonerlichman, INSIDER, @jessehawken, @stevekovach and AppleInsider
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Julia Alexander / The Verge:
Disney's Mulan, originally to be released in March but delayed due to COVID-19, will be released on Disney+ on Sept. 4 as a premium on-demand offering for $30 — Disney's live-action adaptation gets a new release date — Disney's live-action adaptation of Mulan will be released on Disney …
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The Wrap, The Streamable, Adweek, Ad Age, Morning Brew, @jimwaterson, @gameonysus, @constar24, @paultassi, @loudmouthjulia, @loudmouthjulia, @thekenyeung, @cynical_cj, @loudmouthjulia, @schaffrillas, @curtmega, @briantong, @cynical_cj, @eugenedaniels2, @itsandyyybitch, The Week and @scalzi
Joan E. Solsman / CNET:
Disney says Disney+ grew to 57.5M subs as of June 27, up from 54.5M three months ago — Between Disney Plus, Hulu and ESPN Plus, Disney's streaming services have more than 100 million subscribers combined. — Disney Plus grew to 57.5 subscribers as of June 27, up by 3 million in the last three months, Disney said Tuesday.
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Variety, TechCrunch, Engadget, Multichannel News and Engadget, more at Techmeme »
Julia Alexander / The Verge:
Disney says it plans to launch a general entertainment streaming platform internationally in 2021 under its Star brand, would include content from ABC, FX, more — The big question now is what it means for Hulu — Disney plans to launch a new general entertainment streaming platform overseas …
Sara Fischer / Axios:
Bloomberg Media to launch a bundled subscription with The Athletic this month; Athletic journalists will also be featured on Bloomberg's QuickTake — Bloomberg Media will launch a bundled subscription with The Athletic beginning this month, sources tell Axios.
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Talking Biz News, MediaPost, @charliebeckett, @csymrl, @nbashaw and @evaneparker
Joe Flint / Wall Street Journal:
Sources: NBCU begins layoffs across its portfolio, expected to be less than 10% of staff, and WarnerMedia will start layoffs as early as next week — Comcast unit is the latest among entertainment giants, including WarnerMedia, to cut employees in the wake of the coronavirus pandemic
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CNN, NBC News, Multichannel News, @jbflint, Forbes, @alexsalvinews and The Wrap
Knight Foundation:
49% of Americans see “a great deal” of political bias in news; 82% worry that inaccuracies are intentional; 19% of people under 30 view the media favorably — OVERVIEW — There is a widening gulf between American aspirations for and assessments of the news media.
Discussion:
Trust, Media and Democracy, @thesamgill, @phil_sanchez, @w7voa, @sykescharlie, Poynter, @hotlinejosh, The Hill, @rishikadugyala, Tangle, @jonzgreenberg, @jeffjarvis, @johnfund and Axios
Eriq Gardner / Hollywood Reporter:
Neil Young sues Trump's campaign for copyright infringement for playing two of Young's songs at rallies, testing rules set by performance rights organizations — The legendary musician alleges that Trump lacked license to play “Rockin' in the Free World” and “Devil's Sidewalk” at a campaign rally in Tulsa.
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NPR, @bergmayer, @eriqgardner, @eriqgardner, @eriqgardner, Breitbart, news.avclub.com and The Week
Charlotte Tobitt / Press Gazette:
YouGov: ~14% of all in the UK subscribe to a print and/or online news source; of those, 50% are over 55, 12% are under 25, and 21% are between 25 and 39 — Half of all current news subscribers to print and online products are aged over 55, new Yougov research shows.
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@spignal, @janebsinger and @andrewnoakes
i24:
Patreon fails to stop arbitration suits in California by fans of a comedian removed for hate speech, making suits from fans of other banned accounts possible — Court sides with fans of controversial content creator, potentially exposing company to further legal trouble A California court sided …
Discussion:
@tracybeanz
Bhat Burhan / VICE:
Journalists in Kashmir say this year has been most disheartening for them as India's new media policy for Kashmir seeks to prosecute reporters for “fake news” — “You always have to be prepared,” said one reporter, “just in case something goes wrong.” — BB — SM
Discussion:
@standwkashmir, @viceindia and @michaelkugelman
Russell Brandom / The Verge:
Trump has withdrawn the renomination of FCC Commissioner Michael O'Rielly after a senator's objection and O'Rielly's skepticism about Trump's Section 230 order — Michael O'Rielly served as FCC commissioner for a full six-year term — President Trump has withdrawn the nomination …
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Business Insider, Reuters, @reckless, @katyonthehill, CNET, Light Reading and Engadget
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