Top News:
New York Times:
Sources: Walmart has held talks with Paramount, Disney, and Comcast, as the retailer explores bundling a streaming service into its Walmart+ membership program — The retail giant is exploring bundling a streaming service into its Walmart+ membership program.
Discussion:
The Desk, Wall Street Journal, @frankpallotta, @pkafka, @annaknicolaou, @digitalshields, Media Play News, @shehanjeyarajah, Reuters, @delrey, SlashFilm, TechCrunch, @richlightshed, Next TV, @samsanders, Looper, @tim_bays, Decider, @cambnewton, @nytimestech, The Verge, @tvgrimreaper, @jbillinson, @haleighhoffman, Insider, The Streamable and @mikefinger, more at Techmeme »
Peter Kafka / Vox:
Axios, Politico, Punchbowl, and other Washington-focused outlets owe a lot of their success to ad deals with Meta, Alphabet, and other Big Tech companies — Money from Meta — and the rest of Big Tech — is pouring into Washington publications. — Axios is an against-the-grain success story …
Discussion:
The Rebooting, @jessicalessin, @pkafka, @kent_pubcitizen, @delrey, @sarafischer, @leah_nylen, @chafkin, @lucas_shaw, @lutherlowe, @bluestein, @kerrymflynn, @benmullin, @johncarreyrou and @amyaharder
J. Clara Chan / The Hollywood Reporter:
BuzzFeed reports Q2 revenue up 20% YoY to $106.8M, including Complex Networks, a net loss of $23.6M vs. $0.8M YoY, and time spent down 19% YoY to 154M hours — BZFD stock has dropped roughly 50 percent in price over the past six months. — BuzzFeed brought in $106.8 million in revenue during …
Discussion:
Wall Street Journal and @thr
Sara Fischer / Axios:
Kara Swisher plans to stop hosting the Code Conference after the 2022 edition to focus on new projects that explore topics beyond tech and reach more people — After 20 years, this year's annual Code Conference from Vox Media will be Kara Swisher's last year hosting and organizing the event, Swisher told Axios.
Discussion:
@taylorlorenz and @sarafischer
Reuters:
AppLovin offers to buy Unity for $58.85 per share, an 18% premium to Unity's Monday closing price, in a $17.54B all-stock deal; AppLovin's stock drops 10.29% — Gaming software company AppLovin Corp (APP.O) on Tuesday made an offer to buy peer Unity Software Inc (U.N) in a $17.54 billion all-stock deal …
Bloomberg:
Sources: the US DOJ is preparing to sue Google over its ad market business as soon as September, as the DOJ's antitrust division lawyers interview publishers — The US Justice Department is preparing to sue Google as soon as next month, according to people familiar with the matter …
Discussion:
TechCrunch, CNET, @anthony, MediaPost and AppleInsider, more at Techmeme »
Aisha Malik / TechCrunch:
Spotify gives its Android app's home screen separate feeds for Music and Podcasts & Shows to better highlight recommendations, will bring the change to iOS soon — Spotify announced today that it's launching a new Home experience that includes separate feeds for “Music” and “Podcasts & Shows.”
Discussion:
Spotify, 9to5Mac, The Verge and @alexhern, more at Techmeme »
Anna Menta / Decider:
Warner Bros. movies are no longer guaranteed to hit HBO Max after 45 days in theaters; source: the company will decide streaming dates on a “case-by-case basis” — After 48 hours of industry rumors, speculation, and panic over HBO Max, a clearer picture is starting to form.
Discussion:
The Wrap, @canadagraphs, Media Play News, @lancestlaurent, @unclegrambo, @decider, Gamereactor UK, Collider, ScreenRant, CBR, The Streamable, @regulartweetsuk and @amid
RELATED:
Max Goldbart / Deadline:
The UN raises “grave concerns” with Iran over the treatment of BBC News Persian staff, as Iran claims BBC journalists aimed to “overthrow the Islamic Republic” — In an unprecedented move, the United Nations has formally raised “grave concerns” with Iranian officials …
Discussion:
Variety
Sara Fischer / Axios:
The New York Times plans to expand its ad business across its bundled products like games and sports, under new ad executive Mohit Lohia, who joined from Amazon — The New York Times is planning to aggressively expand its advertising business across its bundled products, like games and sports, executives tell Axios.
Discussion:
@stephentotilo, The New York Times Company, @raju, @alex_hardiman and MediaPost
Scott Roxborough / The Hollywood Reporter:
German public broadcaster RBB's director, Patricia Schlesinger, resigned on Sunday, amid media reports she used public funds to bankroll a luxury lifestyle — Patricia Schlesinger, head of Berlin public broadcaster RBB, resigned Sunday amid media reports she used public funds to bankroll …
Wall Street Journal:
Despite YouTube suspending hundreds of Kremlin-linked channels, Russia has yet to ban the service, some argue because the Kremlin views it as too big to block — Access to the video site allows Russians access to one of the few sources of independent information about the Ukraine war
Discussion:
@rachaelmyrow, @samschech, @anthony, @mhbergen and Beyond Search
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