Top News:
Stuart A. Thompson / New York Times:
Analysis: “Democrats cheating” and similar ideas have been raised 5K+ times on radio shows in 2022; radio remains the most influential medium for conservatives — Election fraud claims from 2020 are widespread on talk radio, contributing to the belief that the midterm results cannot be trusted.
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, @bowenbbc, @pressfreedom, @eliclifton, @pwidakuswara, @jstreetdotorg, @btselem, @jjz1600, Reporters Without Borders, @maxberger, @colinkalmbacher, @kenklippenstein, Al Jazeera, Voice of America, New York Times, Jewish Telegraphic Agency, Mediaite and Politico
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:
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
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:
Peter Chernin announces The North Road Company, rolling up Red Arrow and two other content studios, and raises $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, @loudmouthjulia, Axios, @danprimack, @alexweprin and @sarafischer
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 …
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, @film_girl, @zzzzaaaacccchhh, @moorehn, @mattgertz, @petersterne, @natsecjeff, @sivavaid, @jeffjarvis, @bmorrissey, @naveedajamali, @petersgoodman and MediaPost
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, Next TV, 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
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.
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