Top News:


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, Variety, CNN, Gizmodo, TechCrunch, The Week, @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 »


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, @sarafischer, @michaelgwaltz, @robenfarzad, @jamesohewitt, TechCrunch, @anderscorr, @silvermanjacob, @benmullin, Financial Times, @danprimack, Talking Biz News and CoinDesk


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, Vanity Fair, The Week, Substack, @warondumb, Law & Crime, @xor, @bradmossesq, @michaelsocolow, Mediaite, New York Magazine, Insider, The Guardian, Reason and New York Post


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


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


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 …


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, Tubefilter, @owillis and Billboard


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:
AOP, Junghoon's Direct Media … and @pressgazette


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:


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, @gypsystrategy and @alfonslopeztena


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, Deadline, Broadband TV News, Digital TV Europe and The Hollywood Reporter


Reporters say they have been blocked from filming or accessing events on the Chinese foreign minister's Pacific tour and that press conferences barred questions — Beijing's foreign minister signing bilateral deals with leaders but reporters are blocked, sometimes physically, from asking questions
Discussion:
@rachel_cheung1, @licemovono, @gregorykorte, @mskatelyons, @tzemingdynasty, @kenroth, @societyofhonor and @davidmcneill3