Top News:
Jessica Bursztynsky / CNBC:
Netflix reports Q3 revenue of $7.48B, up 16% YoY, operating income of $1.76B, up 33% YoY, and 214M paid subs, adding 4.4M YoY and beating estimates of 3.84M — - Netflix is set to report earnings after the bell Tuesday. — Netflix CEO Reed Hastings — Netflix shares were up more than 2% …
Discussion:
Variety, The Wrap, Variety, Netflix, Ad Age, Daily Herald, The Streamable, Deadline, Axios, @loudmouthjulia, @xpangler, @sherman4949, @natjarv, IndieWire, @maxkennerly, @natjarv, Yahoo Finance, @stevekovach, @natjarv, @richlightshed and @brianstelter, more at Techmeme »
Jeff Kotuby / The Streamable:
Report: Netflix and YouTube had a 47% combined share of “connected TV time spent” in June, down just 2% from January 2020 despite growth in rival services — Netflix and YouTube may be far more dominant than we realize. — According to a report from LightShed Partners …
Discussion:
LightShed Partners, Cord Cutters News, @richlightshed, @richlightshed and nexttv.com
Laura Hazard Owen / Nieman Lab:
The three remaining board members of Akron's The Devil Strip launch a $75K GoFundMe campaign to try to keep the publication afloat, after its abrupt demise — Akron, Ohio's “community-owned magazine,” The Devil Strip, gained attention for its unusual business model: It claimed to be the …
AllAccess.com:
Filing: John Malone's Liberty Media sold its entire stake in iHeartMedia, apparently ending Liberty's long-running effort to gain control of the broadcaster — What do you think? Add your comment below. — LIBERTY MEDIA CORP. has sold off its 5,941,248 shares of iHEARTMEDIA Class A Common Stock at $25.25/share.
Discussion:
Billboard
Brian Steinberg / Variety:
AMC Networks announces an initiative to let advertisers use programmatic ad buying for live TV inventory — AMC Networks wants to make it possible for advertisers to buy time in linear broadcasts of “The Walking Dead” or “Better Call Saul” in the same way they do digital commercial inventory.
Discussion:
Ad Age
Sara Fischer / Axios:
Facebook says the News Tab makes up 30% of its news referral traffic for participating publishers and it is testing new News Tab content like local alerts — Facebook is looking to introduce more news products for its News Tab in coming months, including more curated collections around big events …
Discussion:
@newsalliance, @axios, @ultraviolet, @mkarolian and @mattnavarra
Daisuke Wakabayashi / New York Times:
Nonprofit Lady Freethinker sues YouTube, claiming failure to remove animal abuse videos is a breach of contract with users — An animal rights group said the site had ignored efforts to get clear violations taken down. YouTube said it had removed hundreds of thousands. — The videos are disturbing.
Discussion:
Tubefilter, @sdaswani, @daiwaka, Gizmodo and Insider
Aisha Malik / TechCrunch:
Snap launches a global creative studio called Arcadia to help brands develop AR ads and experiences, partnering with companies like Verizon and WWE — Snap announced on Tuesday that it's launching a global creative studio to help brands develop augmented reality (AR) advertising and experiences.
Discussion:
Snap Newsroom, Benzinga, Reuters, Neowin, Marketing Dive, The Drum and MediaPost, more at Techmeme »
Edward Ongweso Jr / VICE:
Facebook posts an odd thread attacking 30+ unnamed journalists “finishing up a coordinated series of articles based on thousands of pages of leaked documents” — The company decried the use of embargoes to coordinate a coming series of reporting on thousands of pages of leaks, despite regularly using embargoes itself.
Discussion:
@fbnewsroom, @fbnewsroom, @parismartineau, The Verge, @lizzadwoskin, @oneunderscore__, @sruhle, @onekade, @harrymccracken, @motherboard, @lindseywasson, @donovanfarley, @grahamkates, @wexler, @wexler, @bykatesmith, @carolecadwalla, @ashtonpittman, @byrontau, @kieranmch, @espiers, @jessicahuseman, @leahmcelrath, @gwensnyderphl, @caseyjohnston, @alibreland, @simonneville, @anildash, @atrachelgilmore, @paulbradleycarr, @chafkin, @trulytuttle, @motherboard, @bigblackjacobin, @therealhoarse, @tomwarren, @nick_pettigrew, @jproskowglobal, @maggienyt, @justinhendrix, @therickwilson, @brhodes, @jbomb11, @ungarino, @sheeraf, @ekp, @mekosoff, @jeremymbarr, @kurtwagner8, @danpfeiffer, The Information, Observer and The Independent, more at Techmeme »
Sara Fischer / Axios:
Sources: James and Kathryn Murdoch are preparing a multi-million dollar investment to support a new AP climate reporting hub with ~20 journalists — James and Kathryn Murdoch are nearing a deal to make a multi-million dollar investment to support the formation of a new climate reporting hub …
Discussion:
@will_bunch, @sarafischer and @raju
Todd Spangler / Variety:
Comcast unveils XClass smart TVs starting at $298, available at Walmart, and offering 12 months of ad-supported Peacock Premium for free in the US — Comcast is going direct-to-consumer — offering streaming TV services to consumers across the U.S., including outside its traditional service areas …
Discussion:
The Streamable, @xpangler, CNET, Wall Street Journal, Business Wire, Bloomberg, @richlightshed, Adweek, nexttv.com and MediaPost
Amanda Meade / The Guardian:
The Sydney Morning Herald editor Lisa Davies resigns after five years leading the newsroom, leaving both the Herald and the Sun-Herald without editors — Davies is to step down immediately, leaving both the Herald and Sun-Herald without editors — Download the free Guardian app; get our morning email briefing
Discussion:
Sydney Morning Herald, @nathanaelcooper, @rachelolding, @jamesmassola, @brigidwd, @peter_fitz, @georgiedent, @smh, @jacquelinemaley and Talking Biz News
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