Top News:
Joe Pompeo / Vanity Fair:
Allen & Co.'s annual Sun Valley conference begins on July 5 featuring Warner Bros. Discovery, Disney, Netflix, and more, as financial woes dampen dealmaking — As fleece-clad billionaires—and newcomers like Bari Weiss—flock to Idaho this week, Sun Valley fixtures are buzzing about Netflix's future …
Cristina Criddle / Financial Times:
Sources: TikTok abandons plans to expand its TikTok Shop live e-commerce program to Europe and the US, after internal problems and a lack of traction in the UK — Chinese-owned social media platform's foray into livestream shopping in the UK has struggled to gain traction
Erik Crouch / Committee to Protect Journalists:
The CPJ says the US should ensure accountability in Shireen Abu Akleh's killing, after the US said a probe found no reason to believe her death was intentional — The U.S. government should ensure that those responsible for the killing of Palestinian American journalist Shireen Abu Akhleh …
Chris Roush / Talking Biz News:
Bloomberg News' investigations team adds five members, including four from BuzzFeed News: Anthony Cormier, Jason Leopold, Kendall Taggart, and Alex Campbell — Bloomberg senior executive editor Otis Bilodeau and executive editor Robert Blau sent the following memo to Bloomberg's investigations team on Tuesday:
Alex J. Rouhandeh / Newsweek:
IBT Media sues Newsweek and its CEO, seeking to cancel the 2018 deal to spin out Newsweek, which IBT claims was a PR stunt to shield the magazine from bad press — IBT Media is asking a New York court to cancel a 2018 deal in which Newsweek was spun off as an independent company …
Discussion:
@mathewi, @naveedajamali, @petersgoodman, @film_girl, @natsecjeff, @sivavaid, @jeffjarvis, @bmorrissey, @mattgertz, @petersterne, @zzzzaaaacccchhh, @moorehn and MediaPost
Lucas Shaw / Bloomberg:
Netflix, Amazon, Warner Bros., and others are cutting costs and scrapping TV shows at record rates; 559 scripted shows were released in 2021, up by 200+ on 2013 — The sudden decline in Netflix's share price and the growing fear of a recession have forced Hollywood into a new period of fiscal austerity.
Discussion:
Digiday, TechCrunch, @trengriffin, @merrillbarr, @lucas_shaw, @mattrosoff, The Streamable, @nickandmore and mxdwn Television, more at Techmeme »
Stephen Grey / Reuters:
In a Reuters interview from jail, the man accused of detonating the car bomb that killed Maltese journalist Daphne Caruana Galizia confesses to the crime — The man accused of detonating a car bomb that killed a prominent Maltese journalist has confessed to the crime in an interview …
Discussion:
@heidi_cuda, @stephengrey, The Daily Beast, @sarah_m_clarke, The Guardian, @rebecca_vincent, @w7voa, @globalfreemedia, @wonderymedia and Politico
Lauren Easton / Associated Press:
The Associated Press reopens its Gaza Strip bureau in a new location over a year after an Israeli airstrike destroyed the building housing its former office — Over a year after the building housing the news agency's Gaza bureau was destroyed in an Israeli airstrike, The Associated Press announced today …
Discussion:
@katzonearth, Mediaite, @rosiescammell, @hallamohieddeen, @juliepace and Jewish Telegraphic Agency
Foo Yun Chee / Reuters:
EU lawmakers pass the Digital Services Act and the Digital Markets Act, seeking to regulate US tech giants, but limited resources could hamstring enforcement — EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in the power of tech giants such as Alphabet (GOOGL.O) …
Discussion:
LinkedIn, @bertuzluca, TechCrunch, Input, @tariqkrim, @thierrybreton, 9to5Mac, Bloomberg, @carnage4life, @slightlylate, MacRumors, Gizmodo, AppleInsider and European Parliament, more at Techmeme »
Krassen Nikolov / Euractiv:
Bulgarian secret services say they have data showing that Russia pays about €2,000/month to journalists and others to shape public opinion — The Bulgarian secret services have data showing that Russia pays about €2000 (BGN 4,000) per month to public figures, journalists …
Discussion:
@iuliiamendel and @stollmeyereu
Jeffrey M. Jones / Gallup:
A Gallup survey of Americans' confidence in major US institutions shows a drop of 5 percentage points for both newspapers and TV news from 2021 to 2022 — WASHINGTON, D.C. — Americans are less confident in major U.S. institutions than they were a year ago, with significant declines for 11 …
Discussion:
Mediaite, @jeffereyjaxen, @patterdude, @ron_fournier, @sjdemas, Fox News, New York Post, Reason, @schwartztv, Insider, @oknox, @ggreenwald, @ryanlcooper, @bijans, The Hill and Opinion Today
Terence McGinley / New York Times:
A Q&A with David Fahrenthold on why the world of nonprofit charities is prime for investigative reporting, how he became an investigative reporter, and more — David Fahrenthold of The Times discusses why the world of nonprofit charities is prime for investigative reporting.
Discussion:
@fahrenthold, @jdawsey1, @hollyvhays, @houmanitarian, @ngreenberg and @michaelkruse
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