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7:50 PM ET, August 5, 2022

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RELATED:
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.’
Alex Weprin / The Hollywood Reporter:
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  —  HBO Max and Discovery+ will launch in the U.S. as a single service in the summer of 2023, JB Perrette, CEO and president …
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 …
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
Brian Steinberg / Variety:
AMC Networks names former ViacomCBS CFO Christina Spade as CEO, starting on September 9, and says it had 10.8M paying subscribers in Q2 2022, up from 9.5M in Q1  —  Christina Spade, a veteran media executive who was previously chief financial officer of the former ViacomCBS …
Chris Roush / Talking Biz News:
Consumer Reports Vice President and Content Officer Gwendolyn Bounds is leaving after eight years to become executive director and head of content at SmartNews  —  Gwendolyn Bounds, vice president and chief content officer at Consumer Reports, is leaving the publication to become head of content at SmartNews.
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.
Alex Ritman / The Hollywood Reporter:
Source: Disney will not release Pixar's Lightyear nor the Baymax series on Disney+ in the Middle East due to LGBTQ content  —  While the platform in the region won't show kid-focused content with LGBTQ references, it will include films such as 'Doctor Strange and the Multitude of Madness …
Discussion: The A.V. Club, SlashFilm and Looper
Aisha Malik / TechCrunch:
Clubhouse starts beta testing private communities called Houses, which can be created by a person or group looking for a more intimate alternative to Clubs  —  Clubhouse, the social audio app that rose in popularity amid the pandemic, is looking to shake up its platform with the launch of private communities called “Houses.”
 
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 More News: 
Michelle Price / Reuters:
Visa and Mastercard end ties with the ad arm of Pornhub owner MindGeek, after a court ruled Visa must face a lawsuit alleging it is liable for CSAM distribution
Hunter Cooke / Sports Business Journal:
A look at the issues facing esports outlets, which should optimize their ad stack, broaden their content focus, prioritize SEO, and not rely on subscriptions
Katie Kilkenny / The Hollywood Reporter:
The Writers Guild wins $42M from Netflix for 216 writers of 139 films, after a third-party arbitrator found Netflix underpaid residuals for 2018's Bird Box
Discussion: The Wrap and Variety
 Earlier Picks: 
Rick Edmonds / Poynter:
Gannett executives expect economic uncertainty for the rest of 2022, will speed up real estate sales to pay down debt, and will cut staff “in the coming days”
Tarpley Hitt / Gawker:
Seven sources close to The New Yorker say Erin Overbey's public version of events leading up to her firing excludes critical context about her job performance