Top News:
Jack Queen / Reuters:
A jury says Alex Jones must pay two Sandy Hook parents $45.2M in punitive damages, on top of $4.1M in compensatory damages, for claiming the shooting was a hoax — U.S. conspiracy theorist Alex Jones must pay the parents of a 6-year-old boy killed in the 2012 Sandy Hook massacre $45.2 million …
Discussion:
New York Times, New York Times, CNN, New York Times, @oneunderscore__, Axios, Associated Press, @statesman, @jagdbs, @houstonchron, @barthsnotes, @blaw, @lionelmedia, @theagentndn, @chucklindell, @senwhitehouse, @anniemal, @motherboard, @doniveson, Insider, @katiephang, @morgantremaine, @amandamarcotte, @irvinewelsh, @mmpadellan, @adambspencer, Vanity Fair, @consumersos, Bloomberg, NPR, @aweissmann_, @tomcolicchio, @renato_mariotti, @joshtpm, @jemelehill, The Triad, @gmbutts, @barbmcquade, @dansolomon, @wingoz, @amandionair, @shannonrwatts, @dansolomon, @averytravistv, @averytravistv, @dansolomon, @evacide, @oliverdarcy, @thezhanly, @derrelldurrett, @popehat, @popehat, @andykroll, @annamerlan, @rvawonk, Washington Post, VICE and Infowars
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Parker Molloy / The Present Age:
How mainstream outlets boosted right-wing commentators Alex Jones, Tomi Lahren, and others to the point of turning them into someone they truly can't ignore — When mainstream media outlets decide to interview right-wing trolls like Jones, they're paving the way for the fringe's future success.
Discussion:
@bykatesmith, @sr_lazarus, @alanmairson, @orlagleans, @parkermolloy, @parkermolloy, @jdhughez, @parkermolloy, @mimmymum and @mimmymum
Janet Miranda / Bloomberg:
Texas law caps punitive damages, meaning Alex Jones may get a reduced fine; his lawyers plan to seek a fine reduction that the plaintiffs' lawyers plan to fight
Discussion:
New York Times, The Wrap, @karaswisher, @nytliz, @staceyh1970, @blaw, @heidilifeldman, @jordanonrecord, @sarahfrier and The Verge
Kim Masters / The Hollywood Reporter:
Sources: DC Films President Walter Hamada was on the verge of leaving the studio after Batgirl's shelving, but agreed to stay on at least until October 21, 2022 — The executive has agreed to remain in his post at least until the Oct. 21 release of the Dwayne Johnson film ‘Black Adam.’
Discussion:
@theericgoldman, @ray8fisher, @nickatina_show, SlashFilm, The Wrap, IndieWire, Insider, Looper and Los Angeles Times
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Jill Goldsmith / Deadline:
CNN and Warner Bros. Discovery plan to launch a CNN Originals hub on Discovery+ starting on August 19, featuring 800+ hours of current and legacy programming — CNN and Warner Bros. Discovery are launching a dedicated CNN Originals hub on Discovery+ domestically starting August 19.
Discussion:
@ourand_sbj and Los Angeles Times
Ryan Faughnder / Los Angeles Times:
Warner Bros. Discovery's stock closed down 16.53% on August 5, after its first combined financial report revealed disappointing revenue and streaming challenges — Shares of Warner Bros. Discovery sank Friday after the media and entertainment giant reported disappointing earnings …
Discussion:
@thr, @thr, @amazehayes_, @thr, The Hollywood Reporter, Deadline, Wall Street Journal, Forbes, Barron's Online and Insider
Todd Spangler / Variety:
On its Q2 2022 earnings call, Warner Bros. Discovery announced plans to launch a combined HBO Max and Discovery+ streaming service in the US in summer 2023
Discussion:
Bloomberg, @jribas, @amasna, Variety, Aventuras no Cinema, @allisonkilkenny, The Daily Beast, @cdncapedcrusadr, @ericfrancisco24, @variety, Tom Merritt Tech Newsletter, @dangillmor, The Wrap, @myronjclifton, Adweek, @cristalmarie, The Streamable, @makispoke, @emtothea, @hunteryharris, @thekjohnston, @markharrisnyc, @its_willyu, @thedailybeast, @slangdini, @kirkwrites79, @marcellacomedy, @its_willyu, @scriptsbyjames, @variety, @cheo_coker, @thebexbecbecca, @freeblackgirl, @dylanbyers, @xpangler, @natjarv, MediaPost, @zaackhunt, The Wrap, The A.V. Club, Wall Street Journal, TVNewser, The Daily Beast, UPI and Looper
Alex Weprin / The Hollywood Reporter:
Warner Bros. Discovery reports Q2 revenue of $9.8B, vs. $11.9B est., a $3.4B net loss, and 92.1M subscribers, counting HBO Max and Discovery+
Discussion:
Variety, @animationonmax, @amid, @regulartweetsuk, @opinion, ScreenRant, @cartoonbrew, Decider, @billkuchman, The Week, @barronsonline, Warner Bros. Discovery, @benmullin, @azalben, @azalben, @azalben, @azalben, @k_trendacosta, @aagave, @masasoncap, @sherman4949, New York Times, MediaPost, @azalben, @tvmojoe, @aagave, @natjarv, @natjarv, @natjarv, @natjarv, @natjarv, The Wrap, CNBC, @loudmouthjulia, Media War & Peace, Dan's Stack, CNBC and Variety, more at Techmeme »
Cecilia D'Anastasio / Bloomberg:
Online crypto casinos like Stake are luring gamers, in some cases to the point of bankruptcy, by using celebrity endorsements and sponsored streams on Twitch — Enneric Chabot, 26, didn't start gambling until he saw his favorite gamers doing it online. — Three years ago …
Discussion:
@notpatrick, @hiphop101trivia, @cecianasta and PC Gamer, more at Techmeme »
Wall Street Journal:
Major US media players including Gannett, WBD, NYT, and Paramount have noted an advertising slowdown in Q2 as well as ad headwinds in Q3 guidance — Warner Bros. Discovery, New York Times and Paramount Global warn of pressure on ad revenue — U.S. television networks and news publishers …
Discussion:
@blackamazon
Geoff Edgers / Washington Post:
How a record store owner exposed MoFi Records' use of digital files, after it claimed for years its pricey vinyl album reissues were purely analog reproductions — MoFi Records claimed its expensive reissues were purely analog reproductions. It had been deceiving its customer base for years.
Discussion:
@sterlewine, @dada_drummer, @anthony, @bubbaprog, @swiftonsecurity, @amandamarcotte, @boringstein, Sebastopol Times, @2020science, @nspector4, @_almaqah, @nickfalacci, @notrivia, @hoffmang, @nedraggett, @martinsfp, @katienotopoulos, @jasonleopold, @jasoncfry, @jbenton, @tedgioia and @malitzd
Kathryn Foxhall / Columbia Journalism Review:
Reporters' ability to talk with US federal agency staff without public information officer approval has been gradually cut off, and the media should fight back — In 1981, Cristine Russell, then a health reporter at the Washington Post, asked to interview C. Everett Koop, who was nominated to be surgeon general of the United States.
Rowan Philp / Global Investigative Journalism Network:
Pulitzer-winning Associated Press reporter Martha Mendoza and eight more investigative reporters discuss their mistakes and what journalists can learn from them — If there is one type of lesson that journalists never forget, it is the kind that follows a strategic reporting mistake that stalls an otherwise promising investigation.
Discussion:
@danielsilliman, @gijn, @ibwellssociety, @risj_oxford, @spj_tweets, @journoresource, @miamalan, @bhekisisa_mg and American Press Institute
Billboard:
Todd Boehly's Eldridge Industries and MRC complete split of shared media assets; Eldridge retains Dick Clark Productions and Hollywood publication investments — The companies said that a transition structure will be put in place over the next several months in order to ensure a smooth separation.
Discussion:
The Wrap, Variety, The Hollywood Reporter and Deadline
Jon Brodkin / Ars Technica:
Charter and Bright House settle lawsuits by major record labels that accused the ISPs of failing to close accounts that illegally downloaded copyrighted songs — Confidential settlements could lead to more terminations of Internet subscribers. — Charter Communications has agreed …
Discussion:
TorrentFreak
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