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10:30 AM ET, July 21, 2021

Mediagazer

 Top News: 
Katie Deighton / Wall Street Journal:
Tumblr starts testing Post+, which allows users to charge their followers a monthly fee in exchange for access to exclusive content, with Tumblr taking a 5% cut  —  Social platform is the latest to let users earn money from posting  —  Microblogging stalwart Tumblr on Wednesday began …
Kim Masters / Hollywood Reporter:
Looking back at the tough tactics of Disney's top comms officer, Zenia Mucha, who took an effective scorched-earth approach to PR and plans to retire in 2022  —  Bob Iger's top communications officer, retiring after 20 years in the role, was by far the most powerful female player over the years …
Jessica Bursztynsky / CNBC:
Netflix reports Q2 revenue of $7.34B vs. $7.32B est., up 19% YoY, global paid net additions of 1.54M vs. 1.19M expected; US and Canada region lost 433K subs QoQ  —  - Netflix reported earnings that missed on the bottom line.  — The company's revenue and global paid net subscriber additions beat estimates.
RELATED:
Jay Peters / The Verge:
Netflix says its expansion into gaming will start with mobile games, which will be included with a subscription at no additional cost
Philip Bump / Washington Post:
Sean Hannity drew praise after urging people to “please take COVID seriously”, but Fox News' broader messaging on vaccines remains contradictory and sows doubt  —  That effort to sow doubt was on full display Monday night  —  It was a sentiment that has been heard only rarely …
Isabell Hülsen / Spiegel Online:
Interview with FT Editor Roula Khalaf on attracting more female readers, how page views grew 42% YoY in 2020, and FT's reputation as a bible of capitalism  —  Former foreign correspondent Roula Khalaf has served as the top editor of the Financial Times since 2020.
Jim Waterson / The Guardian:
Ofcom launches a formal investigation into BBC's plan to bring back BBC Three to broadcast TV over concerns that it might damage commercial rivals  —  Corporation aims to attract younger viewers by bringing back channel, but plan has been challenged  —  The BBC's plan to bring back BBC Three …
The Guardian:
A proposed UK secrecy law would increase prison sentences for leakers of state secrets, remove the public interest defense, and possibly put journalists in jail  —  Home Office plans would remove the public interest defence for whistleblowing, and could put reporters in jail  —  ere we go again.
Michael De Dora / Committee to Protect Journalists:
US news orgs ask Biden and Congress for emergency visas for Afghans who worked with US media, saying they face “grievous harm and death” as troops withdraw  —  The Committee to Protect Journalists joined a coalition of U.S. news and press freedom organizations in joint letters …
 
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 More News: 
Wendy Lee / Los Angeles Times:
A look at JTBC, which bought a majority stake in the creative arm of talent agency CAA, one of several forays by South Korean companies into US entertainment
Discussion: @rverrier
Hollywood Reporter:
ESPN's Patricia Mays is named executive editor of news at The Hollywood Reporter, where she will oversee digital strategy
Aaron Couch / Hollywood Reporter:
Comic creators at Marvel and DC express dissatisfaction over “paltry” contracts that don't account for their work being adapted into TV shows or movies
 Earlier Picks: 
Lindsey Ellefson / The Wrap:
CNN plans to hire 450 people for the launch of CNN+ for editorial, product, technology, design, analytics, and design roles
Sara Fischer / Axios:
Sources: AT&T is in discussions to sell Xandr to Indian ad tech company InMobi; the mismanaged ad unit has annual revenue of ~$300-$380M and losses of $50-$90M
Todd Spangler / Variety:
WarnerMedia is letting Snapchat users in the US watch pilot episodes of some HBO Max original series, like Gossip Girl and Euphoria, for free
Sara Fischer / Axios:
Substack is funding the launch of podcast network Booksmart, which will start with five podcasts; subscribers will get extra content for $7/month or $70/year
 

 
From Techmeme:

MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours

Devindra Hardawar / Engadget:
MacBook Pro (16", 2024) review: best MacBook Pro yet with a bright display, sharp 12MP Center Stage webcam, and long battery life, but not a big leap from M3

Anissa Gardizy / The Information:
Source: Amazon is discussing a second multibillion-dollar investment in Anthropic, but wants Anthropic to use a large number of servers powered by Amazon chips

 
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