Mediagazer: Peter Chernin debuts The North Road Company, rolling up Red Arrow, Chernin Entertainment, and Words + Pictures, backed by $800M, source says at a $1B+ valuation (Alex Weprin/Hollywood Reporter)

2:00 PM ET, July 6, 2022

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Stuart A. Thompson / New York Times:

Analysis: “Democrats cheat” and similar ideas have been raised 5K+ times on radio shows in 2022; radio remains perhaps the most influential medium for the right — Election fraud claims from 2020 are widespread on talk radio, contributing to the belief that the midterm results cannot be trusted.

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Alex Weprin / Hollywood Reporter:

Peter Chernin debuts The North Road Company, rolling up Red Arrow, Chernin Entertainment, and Words + Pictures, backed by $800M, source says at a $1B+ valuation — North Road will house Chernin Entertainment; U.S. assets of Red Arrow Studios; and Words + Pictures, with more acquisitions to follow.

Discussion: Variety, The Wrap, Axios, @danprimack, @alexweprin, @loudmouthjulia and @sarafischer

Lucas Shaw / Bloomberg:

Netflix, Amazon, Warner Bros., and others cut costs, staff, movies, and TV shows; the industry released 559 scripted shows in 2021, up by 200+ compared to 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: @merrillbarr, Digiday, TechCrunch, @mattrosoff, @trengriffin, @lucas_shaw, The Streamable, @nickandmore, mxdwn Television, Tom's Guide, CINEMABLEND and Variety

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 …

Discussion: United States Department …, @btselem, Reporters Without Borders, @bowenbbc, @eliclifton, @pwidakuswara, @jstreetdotorg, @btselem, @jjz1600, @pressfreedom, @maxberger, @colinkalmbacher, @kenklippenstein, Al Jazeera, Voice of America, New York Times, Jewish Telegraphic Agency and Mediaite

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:

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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 …

Alex Weprin / Hollywood Reporter:

How Amazon is tying its fast-growing video offerings to its core retail business, helping sell more goods and drive Prime subscriptions — An exclusive sneak peek at the new ‘LOTR,’ steep discounts on big-screen TVs for optimal football viewing, and other deals are part of Amazon's pre-Prime Day promotions.

Discussion: TechCrunch

Lesley Goldberg / Hollywood Reporter:

David Madden, former AMC and Fox TV Studios president, joins Wattpad Webtoon Studios as global head of entertainment — The former AMC and Fox TV Studios topper most recently was president of TV for Berlanti Productions. — David Madden has lined up his next act.

Discussion: Variety and WORLD SCREEN

Charlotte Tobitt / Press Gazette:

UK Culture Secretary Nadine Dorries decides not to intervene in Newsquest's takeover of fellow regional publisher Archant — Culture Secretary Nadine Dorries has decided not to intervene in Newsquest's takeover of fellow regional publisher Archant. — She made the decision …

Discussion: What's New in Publishing

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

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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.

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Megha Paul / Tech.eu:

US-based Xperi, which runs TiVo, acquires Oslo-based OTT and hybrid TV solutions service Vewd for $109M in cash and debt — The deal will give Xperi an installed European footprint of about 15 million devices and pave the way for an expansion of TiVo+, a free, ad-supported video streaming service

Discussion: Light Reading, Digital TV Europe, Light Reading, Next TV and Radio & Television …

Caitlin Huston / The Hollywood Reporter:

Comscore names Jon Carpenter as CEO; Carpenter served as CFO since November 2021 — The executive succeeds Bill Livek, who previously announced his retirement. … Carpenter takes over the role after having served as Comscore's chief financial officer since November 2021.

Discussion: MediaPost, Ad Age, Adweek, Next TV and TVNewsCheck

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Miranda Bryant / The Guardian:
News UK's talkTV apologizes to Mind on air after presenter Mike Graham claimed in June that the UK mental health charity funded the legal fees of asylum seekers

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