Top News:
Lucas Shaw / Bloomberg:
Sources in Hollywood and Silicon Valley discuss AI's impact: creatives view AI as an existential threat, studios see a cost saver, and both sides need a deal — Adam Conover started to worry a few months ago that a computer could take his job. A comedian in Los Angeles …
Discussion:
Puck, @lucas_shaw, @lucas_shaw and Screen Rant
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Ken Klippenstein / The Intercept:
Netflix lists a $300K to $900K-a-year ML product manager job that points to its plans to use AI to “create great content”, as actors strike for AI protections
Discussion:
Netflix Jobs, TechCrunch, Fox News, New York Post, The Guardian, New York Magazine, @kenklippenstein, @taleofamonkey, @dan_p_simpson, @hillarylevi, @robsforman, @kortizart, @swolecialism, @pame, @eruditechick, @kenklippenstein, @okbjgm, @andylevy, The Hollywood Reporter, @somebadideas, @thelincoln, @winter, @lucasbrowneyes, Beyond Search, @bcmerchant, Deadline, @cdarwin@c.im, @bookspotlight.bsky.social, @timnitGebru@dair …, Fortune, Metro.co.uk, Fast Company, IndieWire, Engadget, @kenklippenstein.bsky.social, The Register, Digital Music News, Insider and New York Times
Todd Spangler / Variety:
Roku reports Q2 revenue up 11% YoY to $847.2M, vs. $773.5M est., platform revenue up 11% YoY to $744M, and active accounts up 16% YoY to 73.5M; ROKU jumps 8%+ — The company reported Q2 revenue of $847.2 million, up 11%, and a net loss of $107.6 million (-$0.76 per share).
Discussion:
The Wrap, The Desk, Deadline, @xpangler, The Hollywood Reporter and Roku Inc., more at Techmeme »
Ryan Barwick / Marketing Brew:
Microsoft's Xandr emails customers about updates to its ad policies, including a ban on political ads, with changes effective in September and October — Xandr, the ad-tech platform acquired by Microsoft in 2021, is getting out of political advertising later this year.
Discussion:
Axios, @ryanbarwick and Microsoft Advertising
Murray Stassen / Music Business Worldwide:
Universal Music Group Q2: revenue rises 8.8% YoY to €2.697B, or $2.93B, subscription streaming revenue up 13%, and merchandising up 12.1%; stock climbs 10%+ — Yesterday, the world's biggest subscription music streaming service, Spotify, announced its Q2 results.
Brian Steinberg / Variety:
ESPN plans to air a SportsCenter show with an all-female anchor team and a female-led production crew, as it aims to serve brands that support women's sports — Not tonight. — When ESPN viewers tune in to the 11 p.m. edition of the long-running sports-news program, they may see something a little different.
Discussion:
The Wrap, Awful Announcing, ESPN Press Room U.S. and Barrett Media
John Ourand / Sports Business Journal:
Yahoo Sports hires former Axios Sports newsletter editor Kendall Baker as its senior writer to oversee its newsletter strategy and launch a new daily newsletter — Yahoo Sports hired Kendall Baker as senior writer, a position where he will head up the company's newsletter and cross-platform strategy.
Max Goldbart / Deadline:
The UK's Film & TV Charity names Marcus Ryder, former BBC news executive and a diversity veteran, as its CEO, replacing Alex Pumfrey, who moved to ITV this year — Marcus Ryder, the British diversity vet and former BBC news exec, has been named CEO of the UK's Film & TV Charity.
Discussion:
Variety, @bectu, @alex_pumfrey, @dianekemp1, @marcusryder, @screencraftw, @filmtvcharity, Screen and The Hollywood Reporter
Reuters:
Comcast reports Q2 revenue up 1.7% YoY to $30.5B, content and experiences revenue up 4% YoY to $10.9B, and Peacock hit 24M subscribers, up from 22M in Q1 2023 — Comcast Corp's (CMCSA.O) quarterly revenue beat estimates on Thursday, helped by higher theme park attendance …
Adweek:
Adweek names Will Lee, currently the COO of NPR, as CEO, and former Time Inc. CEO Rich Battista as executive chairman of the Adweek Board — Joining from NPR, Lee will expand Adweek's offerings and chart a new path forward for one of the industry's most iconic brands
Discussion:
@jasonlynch, Inside Radio and Current
Bloomberg:
Research using Meta's data from around the 2020 US election shows news audiences were highly politically segregated; changing algorithms didn't change attitudes — Multiple studies aim to understand Facebook's impact on elections … Meta Platforms Inc., Facebook's parent company …
Discussion:
Washington Post, New York Times, Engadget, Meta, Politico, @daveyalba, @daveyalba, @daveyalba, @daveyalba, @daveyalba, Wired, The Atlantic, NPR and The Verge, more at Techmeme »
Jeremy W. Peters / New York Times:
The White House condemned Fox News over comments made by host Greg Gutfeld, who said some Jews “had to be useful” as a means for survival during the Holocaust — The White House denounced Fox News this week over comments by one of its hosts, Greg Gutfeld, that some Jews …
Discussion:
@decodingfoxnews, @justinbaragona, @decodingfoxnews, @andrewjbates46, Vanity Fair, RADAR, Insider, Media Matters for America, Poynter and Mediaite
Sara Fischer / Axios:
Several major streaming companies form a group to fight local broadcasters over a provision that lets streamers bypass distribution negotiations with stations — Several of the country's biggest entertainment and streaming companies are teaming up to fight hundreds of local broadcasters …
Discussion:
The Desk, The Streamable and @sarafischer
Aisyah Llewellyn / Al Jazeera:
Indonesia restricts X.com, which now redirects to twitter.com after Twitter rebranding to X, as the domain had been previously used by porn and gambling sites — Medan, Indonesia - Elon Musk's aspirations for X, the social media site formerly known as Twitter, have hit a stumbling block …
Discussion:
The Daily Beast, @Rasta@mstdn.ca, @ryanschultz@mastodon.social, UPROXX, Insider, Engadget, Newslit Daily, Insider, Gizmodo and NBC News, more at Techmeme »
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