Top News:
Dominic Patten / Deadline:
Studio and streaming sources: the studios' plan is to “break the WGA” by allowing “things to drag on until union members starting losing their apartments” — EXCLUSIVE: Regardless of whether SAG-AFTRA goes on strike this week, the studios have no intention of sitting …
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David Robb / Deadline:
SAG-AFTRA agrees to federal mediation with the AMPTP, but says it is “not confident” in employers' intentions; contract still expires at 11:59pm PT on July 12
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Chris Willman / Variety:
Luminate's mid-2023 report finds audio and video streams are up 38% YoY globally and 15% YoY in the US, US physical album sales rose 13.3% YoY, and more — The vinyl boom is not going bust anytime soon. In the first half of 2023, vinyl LP sales were up 21.7% from the same period the year before …
Discussion:
Luminate, Associated Press, @kstp, @luminate_data, Forbes, Billboard, Music Business Worldwide and @variety
Jim Waterson / The Guardian:
Huw Edwards' wife names him as the suspended BBC presenter who allegedly paid for sexually explicit photos; police say there's no evidence of a criminal offense — News comes shortly after Met says there is no evidence suspended presenter committed criminal offence
Discussion:
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Sarah Whitten / CNBC:
Disney's board of directors extends Bob Iger's contract as CEO through 2026, two years longer than he had originally planned — - Disney is extending CEO Bob Iger's contract through 2026. — Iger told CNBC in February that he had no intention to stay longer than two years in his post, which would have taken him through 2024.
Kevin T. Dugan / New York Magazine:
Docs and sources: Shane Smith's Vice contract included a $1.6M salary, a 5% cut of deals he brought in that had 25% net margins, and now-worthless stock grants — When Vice Media filed for bankruptcy this May, the digital-media conglomerate, once worth more than the New York Times, was reduced to the mere sum of its parts.
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Peter White / Deadline:
HBO/Max leads Emmy nominations with a total of 127; Netflix got 103, Hulu/FX on Hulu got 64, Apple TV+ got 50, Amazon got 45, Disney+ got 40, ABC got 28 — HBO and sister streamer Max remain top of the Emmy nominations pile. — The Warner Bros. Discovery network and streamer scored 127 nominations …
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New York Times:
Ray Epps, a Trump voter who attended the January 6 Capitol riot, sues Fox News for defamation, after the network and Tucker Carlson spread rumors he was a “fed” — Ray Epps, a two-time Trump voter, says Tucker Carlson repeatedly and falsely named him as a covert government agent who incited the Jan. 6 attacks.
Discussion:
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Paul Farhi / Washington Post:
The White House warns reporter Simon Ateba, owner of Today News Africa, that his press pass could be suspended or revoked due to his interruptions of briefings — In a first for Biden's press office, the formal reprimand cites ‘continued interruptions’ — Escalating its feud …
Alexandra Bruell / Wall Street Journal:
The Washington Post names former CNN and NYT executive Alex MacCallum as chief revenue officer and Uber's senior engineering leader Vineet Khosla as CTO — Alex MacCallum will focus on expanding the news publisher's subscription and ad businesses — The Washington Post named former CNN …
Andrew Deck / Rest of World:
A look at the global labor force on sites like Fiverr and Upwork, some of whom are early generative AI adopters and are most at risk of being replaced by AI — The global labor force of outsourced and contract workers are early adopters of generative AI — and the most at risk. — R
Paul Bedard / Washington Examiner:
McClatchy cuts three Pulitzer-winning cartoonists: The Sacramento Bee's Jack Ohman, The Charlotte Observer's Kevin Siers, Lexington Herald-Leader's Joel Pett — Political junkies lost three Pulitzer Prize-winning cartoonists this week when the McClatchy chain issued a round of cuts that it blamed on changing reader trends.
Thomas Buckley / Bloomberg:
Imax plans to buy out its Hong Kong-traded Chinese subsidiary for $124M, a 49% premium over the 30-day average closing price; Imax China was established in 2011 — Imax Corp., the operator of big-screen cinemas, is seeking to buy out its Hong Kong-traded Chinese subsidiary in a deal valued at $124 million.
Discussion:
The Wrap, Variety, Forbes, IMAX Corporation and Deadline
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