Top News:
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 …
Discussion:
Variety, The Wrap, The Streamable, The Walt Disney Company, @stevekovach, @xpangler, @jonerlichman, @ericjhonsa and AppleInsider
RELATED:
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 …
Discussion:
The Streamable, Variety, @loudmouthjulia and @loudmouthjulia
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.
Discussion:
TechCrunch, Variety and Engadget, more at Techmeme »
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.
Discussion:
MediaPost, @nbashaw, @charliebeckett, @csymrl and @evaneparker
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, Poynter, @thesamgill, @phil_sanchez, @w7voa, @sykescharlie, @hotlinejosh, The Hill, @rishikadugyala, Tangle, @jonzgreenberg, @jeffjarvis, @johnfund and Axios
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
Discussion:
CNN, NBC News, @jbflint, The Wrap and @alexsalvinews
Paul Farhi / Washington Post:
Voice of America's 76 foreign employees fear imminent removal from the US as VOA refuses to renew visas, with some fearing a return to authoritarian regimes — Bricio Segovia has less than a month before his time is up. With his visa set to expire at the end of August …
Discussion:
Real Clear Politics, @malbertnews, @farhip, @karolcummins, @spytalker, @panyiszabolcs, @raju, @debrajsaunders, @kitchen5203 and @niemanreports
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
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.
Discussion:
@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
Kelsey Sutton / Adweek:
EyeQ, ViacomCBS' video advertising service, will unify digital video buying across CBS Interactive, Pluto TV, and Viacom video — Part of upfront talks, EyeQ will unify digital video buying across CBS Interactive, Pluto TV and Viacom video — Key insight:
Discussion:
@viacomcbs, MediaPost and Ad Age
Sonny Bunch / The Bulwark:
By making mass-market mediocrities and delivering them to millions in a slightly new way, Netflix is just repackaging broadcast TV, not reinventing it — Netflix might be making crap, but at least it's making lots of it and letting you watch at 2x speed. — On the last edition of the Sub-Beacon (subscribe!
Discussion:
@sonnybunch, @tbdculture, @elxgrandexgato, @billkristol, @lucas_shaw and @sonnybunch
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.
Discussion:
NPR, Breitbart, The Week, @bergmayer, @eriqgardner, @eriqgardner and @eriqgardner