Top News:
Greg Stohr / Bloomberg Law:
SCOTUS blocks Texas' social media content moderation law in a 5-4 vote, putting the measure on hold while a constitutional challenge proceeds in a lower court — The US Supreme Court blocked a Texas law that critics say would fundamentally transform Twitter Inc. and Meta Platforms Inc.'s Facebook …
Discussion:
@mjs_dc, Axios, Variety, CNN, MediaPost, Gizmodo, @sarahjeong, @rickhasen, @dsilverman, @klasfeldreports, @chrisgeidner, @walshfreedom, @mjs_dc, @news6wkmg, @joshablock, @caseynewton, Axios, @mjs_dc, @david_ingram, @tribelaw, @irin, @ilyasomin, Politico, @clearing_fog, @slpng_giants, The Verge, @the_law_boy, @jimpethokoukis, @reckless, @adl, @chrisgeidner, @gregstohr, @sarahjeong, NPR, @qjurecic, @mchrisriley and @reckless, more at Techmeme »
New York Times:
Sources: Forbes called off its plan to go public via a SPAC merger at a $630M valuation, after announcing the deal with Hong Kong's Magnum Opus in August 2021 — The century-old business magazine had aimed to go public through a blank-check company based in Hong Kong but changed course after the market flipped.
Discussion:
Axios, Axios, @sarafischer, @sarafischer, @michaelgwaltz, @robenfarzad, @jamesohewitt, TechCrunch, @anderscorr, @silvermanjacob, @benmullin, Financial Times, @danprimack, Talking Biz News and CoinDesk
Joan Biskupic / CNN:
Sources: Supreme Court officials are requiring law clerks to provide cell phone records and sign affidavits, as they search for the source of the Politico leak — (CNN)Supreme Court officials are escalating their search for the source of the leaked draft opinion that would overturn Roe v. Wade …
Discussion:
Washington Post, @imillhiser, @warondumb, Law & Crime, @xor, @bradmossesq, @michaelsocolow, Substack, The Week, Vanity Fair, Mediaite, New York Magazine, Insider, The Guardian, Reason and New York Post
Luc Cohen / Reuters:
Sarah Palin loses her bid for a new defamation trial against The New York Times, after her lawyers asked the judge to disqualify himself; she plans to appeal — Former Republican vice presidential candidate Sarah Palin on Tuesday lost her bid to have the judge who oversaw …
Discussion:
New York Times, @bgrueskin, TVNewsCheck, New York Post, @thedailybeast, @mollyjongfast, @paulrauber, @cliffordlevy and Axios
Nate Raymond / Reuters:
New report shows policymakers approved a plan to end PACER fees for non-commercial online court records searches, as Congress debates requiring free downloads — (Reuters) - Federal judiciary policymakers have approved a plan to eliminate costly fees for online docket searches amid debate …
Kerry Flynn / Axios:
BuzzFeed says HuffPost operated profitably in 2021 after the acquisition closed in February 2021 and CEO Jonah Peretti made job cuts; HuffPost is hiring again — Exit Content Preview — Under BuzzFeed's ownership, HuffPost has become a profitable media company.
Discussion:
Axios
Bron Maher / Press Gazette:
In an interview, The Economist's head of podcasts says the outlet will experiment with a podcast paywall; 3M+ people a month listen to The Economist's shows — The Economist's monthly podcast listeners are now more than double its print subscriber base - and the audio products are paying …
Discussion:
Talking Biz News, @pressgazette and @pressgazette
Reuters:
Ethiopia's state-appointed human rights body calls for the immediate release of 16 recently arrested journalists and media personnel — Ethiopia's state-appointed human rights body called on Friday for the release of 16 journalists and media personnel after new arrests in recent days …
Discussion:
Al Jazeera, Columbia Journalism Review, @gypsystrategy and @alfonslopeztena
Sara Fischer / Axios:
Scriber, which lets celebrities charge fans monthly for exclusive content via texts, debuts with the Jonas Brothers and plans to add more creators — The Jonas Brothers are helping to launch a new subscription media company called Scriber that allows celebrities to charge their biggest fans for exclusive content via text messages.
Discussion:
Variety, Variety, TechCrunch, Music Ally, @owillis, Billboard and Tubefilter
Patrick Brzeski / Hollywood Reporter:
Research: Disney+ Hotstar added 2.8M subscriptions in Q1 2022 in Southeast Asia for a total of 39.5M, capturing 22% of new streaming subscribers in the region — Disney+ Hotstar became the first premium SVOD service to reach 5 million subscribers in Indonesia, while Netflix still leads the race in the rest of Southeast Asia.
Aisha Majid / Press Gazette:
An Association of Online Publishers report based on a sample of 12 UK publishers finds that digital audio revenue in Q1 2022 hit £4.2M, up 500% YoY — Publishers reported a 500% increase in digital audio revenue in the first quarter of 2022, according to the Digital Publishers' Revenue Index (DPRI).
Discussion:
Junghoon's Direct Media …, AOP and @pressgazette
Fraser Valley Current:
100+ Canadian publications sign a letter saying the Online News Act excludes them and ask for a universal funding formula, inclusion of small outlets, and more — When the Liberal government announced its intention to support Canada's news industry, the reasons given were to sustain local journalism …
Discussion:
@ty_olsen, @thediscourse, @farhanmohamed, @gierasimczuk, @ty_olsen, @ty_olsen and @thediscourse
RELATED:
Bloomberg:
The UK's CMA opens an antitrust investigation into the BT and Warner Bros. Discovery joint sports venture, setting a July 28 deadline to open an in-depth probe — BT Group Plc's £633 million ($797 million) sport TV joint venture with American media giant Warner Bros. Discovery Inc …
Discussion:
GOV.UK, Reuters, Variety, Broadband TV News, Digital TV Europe, Deadline and The Hollywood Reporter
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