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 …
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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:
@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, @staceyh1970, @nytliz, @blaw, @heidilifeldman, @jordanonrecord, @sarahfrier, Washington Post and The Verge
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
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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:
The Hollywood Reporter, Deadline, Wall Street Journal, Forbes, Barron's Online and Insider
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+ — The company is on a mission to find billions of dollars in cost savings.
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Decider, @cartoonbrew, ScreenRant, @opinion, The Week, @billkuchman, @barronsonline, Warner Bros. Discovery, New York Times, @benmullin, CNBC, Variety, @azalben, @azalben, @azalben, @azalben, @k_trendacosta, MediaPost, The Wrap, @aagave, Media War & Peace, @masasoncap, @sherman4949, @azalben, @tvmojoe, @aagave, @natjarv, @natjarv, @natjarv, @natjarv, @natjarv, @loudmouthjulia, Dan's Stack, CNBC and Variety
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
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@theericgoldman, @ray8fisher, @nickatina_show, SlashFilm, The Wrap, IndieWire, Insider, Los Angeles Times and Digital TV Europe
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:
Variety, Aventuras no Cinema, The Daily Beast, @allisonkilkenny, @cdncapedcrusadr, @ericfrancisco24, Tom Merritt Tech Newsletter, @variety, The Wrap, Adweek, @dangillmor, The Streamable, @myronjclifton, The Wrap, @cristalmarie, @makispoke, @emtothea, @hunteryharris, @thekjohnston, @markharrisnyc, MediaPost, @its_willyu, @thedailybeast, @slangdini, @kirkwrites79, @marcellacomedy, @its_willyu, @scriptsbyjames, @variety, Middlebrow Musings, @cheo_coker, @thebexbecbecca, @freeblackgirl, @dylanbyers, @xpangler, @natjarv, @zaackhunt, The A.V. Club, Wall Street Journal, TVNewser, The Daily Beast and UPI, more at Techmeme »
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:
@spj_tweets, @danielsilliman, @risj_oxford, @bhekisisa_mg, @journoresource, @gijn, @ibwellssociety, @miamalan and American Press Institute
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.
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
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
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.
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.
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 …
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The Hollywood Reporter, Adweek, The Wrap, The Streamable, The Wrap, GlobeNewswire News Room, The Hollywood Reporter and Deadline
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