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Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B — Netflix reported second-quarter earnings Thursday that showcased the media giant's position at the head of the streaming race …
Discussion:
The Wrap, New York Times, Ad Age, Variety, Engadget, IGN, The Verge, @ainemacdermot.bsky.social, Netflix and Reuters, more at Techmeme »
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Peter Naylor, Netflix VP of ad sales since August 2022, is leaving, and the company will hire a head of US and Canada ad sales to fill his spot — The executive has been at the streaming giant since August 2022. … Naylor has been at Netflix since August 2022.


Netflix says its ad tier now accounts for over 45% of all signups in the markets where it's available, and ad tier memberships grew 34% QoQ in Q2 — The company expands its lead over competitors with 277.65 million subscribers globally — Netflix beat Wall Street expectations …
Discussion:
Reuters, Business Insider, IGN, Quartz, The Information, Next TV, @sharonwaxman and Deadline, more at Techmeme »


Sources: WBD weighs splitting off its streaming and studio businesses from its legacy TV networks including CNN, leaving most of its debt with the TV networks — Group behind CNN and HBO has discussed options including spin-off of its streaming service and movie studio
Discussion:
IndieWire, Business Insider, Front Office Sports, IGN, @edmundlee, Deadline, Breitbart, @edgecliffe, Quartz, The Information, @aysrick, @iamkingwilliams, @loudmouthjulia, New York Post, The Media Leader, AV Club, The Streamable, The Desk, Reuters, Advanced Television, The Wrap, Yahoo Finance and The Hollywood Reporter


Veteran cable news host Lou Dobbs, who made his name on CNN and then Fox Business, has died at 78; Trump announced his death on Truth Social — Lou Dobbs, the veteran broadcaster who made his name on CNN and then Fox Business as an icon of financial news, passed away at the age of 78 …
Discussion:
CNN, Reuters, The Wrap, The Desk, New York Times, Variety, TVLine, @loudobbs, Fox News, Talking Biz News, USA Today, CBS News, The Hollywood Reporter, Los Angeles Times, al.com, TMZ.com, HuffPost, TVNewsCheck, The Independent, Washington Examiner, New York Post, Deadline, @mehdirhasan, @carolmswain, @carolmswain, @yashar, The US Sun, The Daily Beast and ABC13


FilmLA: from April through June 2024, the number of on-location filming days in LA fell 12.4% YoY, driven by a 56.9% drop in reality TV production — Los Angeles experienced a hefty decline in reality TV production as Hollywood worked to recover from dual labor strikes last year, according to statistics released on Wednesday.
Discussion:
The Wrap, Variety, The Hollywood Reporter and Deadline


Sources: Apple has spoken to many of the largest Hollywood studios about acquiring more programming from their libraries to offer customers in the US and abroad — - Apple TV+ has relied on original series like ‘Ted Lasso’ … The iPhone maker has spoken to several of the largest studios …
Discussion:
Ars Technica, Lucas Shaw on LinkedIn, AppleInsider, Spyglass, 9to5Mac, The Streamable and Reuters, more at Techmeme »


The CPJ supports an urgent appeal filed to the UN Special Rapporteur on Torture on behalf of Guatemalan journalist José Rubén Zamora, imprisoned since 2022 — The Committee to Protect Journalists supports the urgent appeal filed to UN officials by an international legal team …
Discussion:
@pressfreedom, @pressfreedom, doughtystreet.co.uk and @pressfreedom


An Italian court orders a journalist to pay PM Giorgia Meloni €5K for mocking her height; in 2023, journalist Roberto Saviano was fined €1K for insulting Meloni — A Milan court has ordered a journalist to pay Italian Prime Minister Giorgia Meloni damages of 5,000 euros ($5,465) …
Discussion:
New York Times and The Guardian


CBS Sports secures a four-year deal to air at least 250 English Football League matches per season, starting in August 2024 — CBS Sports is the new home of the English Football League (EFL) and Carabao Cup in the United States after agreeing a four-deal to prise coverage of the competitions away from ESPN.


Apple is launching new immersive video content for the Vision Pro over the next few months, including content from The Weeknd and the 2024 NBA All-Star Weekend — Apple is launching new “immersive” video content for the Vision Pro over the next few months, including one from The Weeknd …
Discussion:
TechCrunch, Apple, BGR, AppleInsider and 9to5Mac, more at Techmeme »


A profile of Carlos Espina, who has 9.4M TikTok followers, posts in Spanish about immigration and politics, and whom the White House treats as a broadcaster — Carlos Espina is among a new kind of social media personalities whom politicians, especially those in the Biden White House, view as modern-day broadcasters.
Discussion:
@taylorlorenz, @sapna, @sapna and TVNewsCheck