Top News:
Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 9% YoY to $7.97B, vs $8.04B est., and a 970K subscriber loss vs an estimated 2M subscriber loss; stock jumps 5%+ after hours — Netflix shares jumped 6% after the company said it lost fewer subscribers than anticipated during the second quarter.
Discussion:
Netflix, @hedgeyecomm, @tvmojoe, Variety, Vox, let's talk strategy, iPhone in Canada Blog, The Ankler, IndieWire, Music Ally, XDA Developers, @pkafka, @smartleverage, @joshuaogundu, @klendathucap, @sherman4949, @sherman4949, @jpodnos, @carnage4life, The Daily Wire, Ponte al día, @frankpallotta, @cnbcovertime, @mylesudland, @laurengoode, @lesliejosephs, @lesliepicker, @shruti_shekar, @samro, @variety, @lucas_shaw, @lucas_shaw, Axios, Protocol, New York Post, Fortune, Deadline, Deadline, Wall Street Journal, CBS News and Reuters, more at Techmeme »
RELATED:
Todd Spangler / Variety:
Netflix acquires Australian animation studio Animal Logic for an undisclosed cash price and expects the deal to close in 2022; Animal Logic has ~800 employees
Discussion:
About Netflix, @emohorgan, @crecenteb, Mumbrella, The Wrap, Reuters and TechCrunch
Todd Spangler / Variety:
Netflix plans to launch its cheaper, ad-supported plan in “the early part of 2023”, starting in “a handful of markets where advertising spend is significant”
Discussion:
Pocket-lint, @xpangler, @verge, 9to5Mac, Neowin, TechCrunch, The Verge, CNBC, TechRadar, Adweek, Polygon, Deadline, The Wrap and IndieWire, more at Techmeme »
Wall Street Journal:
Memo to staff: Meta is reallocating resources from Facebook's News tab and newsletter platform Bulletin, as the company focuses more on the creator economy — Senior executive tells employees that News tab and Bulletin newsletter platform will be ‘put on the backburner’
Discussion:
@keachhagey, @asharma, @vivian, @alexeheath, Newslit Daily, The 21 Hats Morning Report, @bendreyfuss, The Verge, @froomkin, @joshgerstein, @will_flannigan, @peterbale, @mattnavarra, @jason_kint, @film_girl, @rafat, @jason_kint, @emilybell, @revkin, @nicholasvinocur, @johnghendy, @alexrkonrad, @charlesornstein, @jamesrbuk, @robpegoraro, @bgrueskin, @jimwaterson, @walthickey, @bgrueskin, @froomkin, @jbenton, @tim_bays, @jaycodon, @caseynewton, @nbashaw, Social Media Today and The Hill, more at Techmeme »
Matthew Doig / Medium:
An LAT editor who worked on the story about drug use by a USC dean refutes the claims made in a book by an LAT reporter about editors trying to kill the story — An LA Times reporter's book claims corrupt editors — myself included — tried to protect USC from an embarrassing exposé.
Discussion:
Media Nation, @lfung, @loebvernon, @gabekahn, @dangillmor, @farhip, @a_cormier_, @jbflint, @cristymsilva, @jm_mcgrath, @froomkin and @stephenrodrick
Sara Fischer / Axios:
Money magazine, once a prominent Time Inc. title, is profitable again in online-only form as a niche consumer finance brand, current owner Greg Powel says — Money, once a prominent business title under Time Inc., is officially a profitable business again in online-only form, its new owner Greg Powel told Axios.
Discussion:
@sarafischer, @kendallbaker and Talking Biz News
Charlotte Tobitt / Press Gazette:
Evening Standard editor Charlotte Ross departs suddenly; deputy editor Jack Lefley will become the paper's fourth editor or acting editor in just over two years — Evening Standard acting editor Charlotte Ross has left the newspaper with immediate effect. — Her exit means the Evgeny …
Sara Fischer / Axios:
Bloomberg Media is planning a major international expansion starting in 2022, hiring in-house talent in some markets and partnering with local outlets in others — Bloomberg Media is planning a major expansion into localized coverage of different regions around the world, CEO Scott Havens told Axios.
Discussion:
@sarafischer and Talking Biz News
Karen Maniraho / Columbia Journalism Review:
Q&A with five journalists who cover internet culture on how they describe their beat, decide what to cover, navigate algorithms, and more — Five journalists on covering the internet in search of meaning, not viral trends — “Ours is a period of increasing noise,” Jason Parham wrote earlier this year, for Wired.
Discussion:
@broderick, @_richardhall, @fka_tabs, @saba_h, @mathewi, @tara_mulholland and Today in Tabs
Charlotte Klein / Vanity Fair:
ProPublica, AP, Texas Tribune, and 40+ other news organizations have formed a media coalition to make records requests concerning the Uvalde shooting — While journalists have already exposed police failures, national and local outlets are also uniting in an effort for greater transparency.
Discussion:
@sewellchan and WFAA-TV
The Guardian:
Guardian reports annual revenue for the year to April 2022 of £255.8M, up 13% YoY, and net operating inflow of £6.7M; digital revenue surpasses print, a first — Guardian Media Group (GMG) today announces outstanding financial results for the 12 months to 3 April 2022
Discussion:
The Guardian
Mark Scott / Politico:
Researchers discovered 12 websites that were copies of RT Deutsch or RT en Español, whose IP addresses were directly linked to the Kremlin-backed media — Days after the European Union banned Kremlin-backed news outlet RT for its role in spreading propaganda about the war in Ukraine …
Discussion:
@fabiochiusi and @markscott82
Kyle Wiggers / TechCrunch:
Crunchbase has raised a $50M Series D led by Alignment Growth and says it has 75M+ unique visitors annually and recently surpassed 60,000 paying customers — In both down times and boom times, businesses across industries are faced with the challenge of building sales pipelines and closing revenue.
Suchitra Mohanty / Reuters:
India's Supreme Court orders the release on bail of journalist Mohammed Zubair, who was arrested last month for an allegedly “highly provocative” 2018 tweet — India's Supreme Court on Wednesday ordered the release on bail of a prominent journalist arrested last month over what police said was a …
Commissioning Editor - Practical Law — 
Energy Markets Reporter, London — 
Oil Reporter, Singapore — 
Newsperson - State Govt. & Politics, CA — 
Business Reporter, SC — 
State Government Reporter, WA — 
Climate Crisis Columnist — 
Multimedia Journalist, CA — 
Community Engagement Mgr., DC — 
Staff Writer - Business, NY — 
Editor, MA — 
Team Editor - Breaking News, ON — 
Senior Reporter & Event Host, NY/CA — 
Climate & Weather Reporter, MN — 
Senior Tech Editor, Remote US — 
News Reporter, MA — 
Multimedia Journalist, PA — 
Managing Editor, WA — 
Private Credit Reporter, NY — 
Trending News Reporter, TX — 
Legislative Reporter, CA — 
Reporter, PA — 
Visual Editor, Remote — 
Staff Writer, MI — 
California Playbook Writer, CA — 
Senior Media Editor — 
National Investigative Reporter, NY — 
Business & Gaming Reporter, NV — 
Coastal Climate Reporter, SC — 
Environment & Energy Reporter, CT — 
Coordinating Editor, OR — 
Staff Reporter, CA — 
Data Editor, NY — 
Editor-in-Chief, AZ — 
