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CNBC:
Disney reports Q2 revenue up 1% YoY to $22.08B, vs. $22.11B est., with Disney+ and Hulu hitting a combined quarterly profit for the first time — The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023.
Discussion:
The Verge, Axios, Ad Age, Fast Company, CNBC, Reuters, The Wrap, City A.M., The Walt Disney Company, New York Times, @alexweprin, WORLD SCREEN, The Information, @thetranscript_, @thetranscript_, Quartz, Next TV, Los Angeles Times and Deadline
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Jennifer Maas / Variety:
Disney CEO Bob Iger says Marvel is going to reduce output and focus on quality by releasing “about two TV series a year” and a “maximum of three” films per year — Disney CEO Bob Iger says the company is shrinking the MCU with a new mission to drop the number …
Discussion:
The Wrap, The Guardian, SlashFilm, TVLine, Screen Rant, The Hollywood Reporter, ComingSoon.net, @tvgrimreaper, The Playlist and Deadline
Robbie Whelan / Wall Street Journal:
Disney's streaming unit reports a loss of $18M in Q2, down from a $659M loss YoY, and says it is on track to achieve streaming profitability in Q4 2024 — Entertainment giant adds streaming customers as it swings to a loss as a result of charge from India media venture
Discussion:
Dylan Jones on LinkedIn, @tvgrimreaper, Media Play News and The Hollywood Reporter
Loree Seitz / The Wrap:
Bob Iger says Disney+ will add a new ESPN tile by the end of 2024, with “select live games and studio programming” for US subscribers — Disney+ will add a new ESPN tile by the end of 2024. — The new tile, which will grant U.S. subscribers access to “select live games …
Discussion:
Sportico, The Streamable, The Hollywood Reporter, Variety, Streaming Better, Cord Cutters News, Deadline and The Verge
Ren LaForme / Poynter:
2024 Pulitzer Prize winners: NYT for Investigative Reporting, WaPo and Reuters for National Reporting, and NYT for International Reporting for Oct. 7 coverage — A live list of the winners of journalism's top honor, including links to the winning stories. — The winners of the 2024 Pulitzer Prizes …
Discussion:
The Pulitzer Prizes on YouTube, The Pulitzer Prizes, Talking Biz News, @mossbergwalt@threads.net, ProPublica, @jeremyscahill, @abgutman, @lailaalarian, @ap, @ashihipar, @terryparrisjr, @nickatnews, @poynter, @poynter, @newyorker, @ceilnoyle, The Pulitzer Prizes on YouTube, @samfbiddle, @lookoutscruz, @kristenhare, @zhang_sharon, @sdkstl, @zei_squirrel, @sbg1, @sarabethberman, @dancow, @maxseddon, @parismartineau, @eramshaw, @caramck, @edmundlee, @pulitzerprizes, @tracyjan, @cande313, @hadas_gold, @dwdavison, @jackmirkinson, @hadas_gold, @taylorlorenz, @sxarletred, @jackmirkinson, @billbrowder, @indyscholtens, @davehill77, @poynter, @poynter, @poynter, New York Times, @poynter, @poynter, @hadas_gold, Associated Press, Associated Press, Associated Press, Honolulu Civil Beat, Axios, Chicago Tribune, New York Times, Poynter, Publishers Weekly, The Wrap, Rolling Stone, The Hill, The Guardian, Newser, The Hollywood Reporter, Poynter, New York Daily News, Wall Street Journal, NPR, New Yorker, Deadline, Washington Post, Los Angeles Times and Reuters
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Joseph Ax / Reuters:
Lookout Santa Cruz, a digital-only local news outlet, won the breaking news reporting Pulitzer for its 2023 California floods coverage; Reuters won two prizes — Reuters won two Pulitzer Prizes on Monday, taking home the national reporting award for a series of investigations …
Max Tani / Semafor:
Memo: Business Insider Global Editor-in-Chief Nic Carlson is stepping down, and will become an editor-at-large focused on longer-term projects — The Scoop — Business Insider's global editor-in-chief is stepping down as the company begins a search for his replacement.
Discussion:
Axios, The Wrap, @julie188, @nichcarlson, @thestalwart, @mjnblack, @sarafischer, @sportsrapport and The Daily Beast
Deepa Seetharaman / Wall Street Journal:
OpenAI releases a tool to detect DALL-E 3-created images, claiming 98% accuracy for unaltered images, and joins Microsoft and Adobe's content credentials group — Startup's new tool detects 98% of pictures generated by its DALL-E 3 system, but success drops if the images are altered
Discussion:
TechCrunch, New York Times, Reuters, ZDNet and Microsoft On the Issues, more at Techmeme »
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Sara Fischer / Axios:
Dotdash Meredith inks a deal with OpenAI to license its content to train AI models and work together on products, including Dotdash's ad-targeting tool D/Cipher — - OpenAI will also collaborate with Dotdash to create new AI products and features for its readers.
Discussion:
The Wrap, Reuters, Bloomberg, The Information, Dotdash Meredith, @sarafischer and @sarafischer
Alex Weprin / The Hollywood Reporter:
Amazon announces three new interactive ad formats for Prime Video: shoppable carousel ads, interactive pause ads, and interactive brand trivia ads — Three new formats will let users easily include products featured in ads to their Amazon carts, with no need for QR codes.
Discussion:
AdExchanger, Variety, Adweek, Ad Age, Amazon Ads, MediaPost, Next TV and Deadline
Perri Ormont Blumberg / New York Times:
Memo: Condé Nast and the union representing staff at Vogue, Vanity Fair, and others reach a tentative deal for a first contract after over a year of bargaining — The company on Monday reached a tentative contract agreement with unionized employees who said they were willing …
Discussion:
@condeunion, Media Voices, @mslinq_eclectic, The Hill, @nataliekorach, @lmoses, @iape1096, @dariccott, @yashar, @lachcartwright, @lapresmidi, @adamjmoussa, @gaufre, @condeunion, CBS News, Associated Press, Newser, WWD, New York Post, The Guardian, Deadline, The NewsGuild, The Wrap, The Hollywood Reporter and @brianstelter
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Charles Pulliam-Moore / The Verge:
Tubi partners with Issa Rae's ColorCreative initiative to launch Stubios, an incubation program for up-and-coming filmmakers looking to break into the business — Tubi is partnering with Issa Rae's Color Creative initiative to launch an incubation platform for up-and-coming filmmakers looking to break into the business.
Discussion:
Adweek, Variety, StreamTV Insider, TechCrunch, Media Play News, CNET, Next TV, TubiTV Corporate and Cord Cutters News
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