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2:30 PM ET, July 20, 2024

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 Top News: 
BBC:
A Russian court convicts Evan Gershkovich of espionage and sentences him to 16 years in prison; Wall Street Journal calls the trial a “sham”  —  US journalist Evan Gershkovich has been sentenced by a Russian court to 16 years in prison on espionage charges, after a secretive trial decried as a “sham” by his employer.
Connor Mycroft / South China Morning Post:
Media orgs, WSJ union, and a congressional panel express support for Selina Cheng, who says WSJ fired her for assuming Hong Kong Journalists Association's chair  —  - Asia Chapter of the Asian American Journalists Association latest to support reporter who says newspaper fired her over press freedom role
Rick Porter / The Hollywood Reporter:
Nielsen: the Republican National Convention's final night averaged 25.38M US viewers over 14 outlets, up 7% from 2020; people 55+ were about 72% of the audience  —  Thursday's multi-network coverage beats the final night from four years ago, but the four-day average is lower.
Alexandra Canal / Yahoo Finance:
Netflix says India brought in the second-highest net subscriber additions in Q2 and was the third highest-country in revenue growth  —  Netflix (NFLX) is all in on a country that's been historically difficult for its competitors: India.  —  The country brought in the second-highest net subscriber additions …
RELATED:
Reuters:
Netflix added 8.05M subscribers in Q2, vs. 5M est., as it benefited from its crackdown on password sharing and popular titles like Bridgerton and Baby Reindeer
Lillian Rizzo / CNBC:
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
Jim Milliot / Publishers Weekly:
AAP: in May, book sales rose 10.9% YoY, after an 18.3% gain in April, and adult fiction digital audio sales rose 24.1% YoY; sales rose 5.5% YoY for January-May  —  Despite a string of dispiriting developments—including the ongoing restructuring of Hachette Book Group, the collapse …
Patrick Smith / NBC News:
CrowdStrike reports widespread “BSODs on Windows hosts”, impacting thousands of PCs and disrupting TV broadcasters, including Sky News and NBC News  —  Major carriers, including American Airlines, Delta Air Lines and United Airlines, all issued ground stops Friday morning citing communications issues.
Todd Spangler / Variety:
Disney announces that Safra Catz, CEO of Oracle, is departing its board of directors after six years  —  Disney announced that Safra Catz, CEO of Oracle, is departing its board of directors after six years.  —  Disney and Catz did not provide an explanation for why she stepped down from the Mouse House's board.
Hurubie Meko / New York Times:
A Manhattan judge sets a tentative date for Harvey Weinstein's retrial for November 12, 2024, after Weinstein's 2020 rape conviction was overturned in April  —  Manhattan prosecutors are proceeding with new charges against the disgraced movie mogul after his previous conviction was overturned.
Kevin Roose / New York Times:
A study of 14K domains used in the C4, RefinedWeb, and Dolma datasets finds a dramatic drop in content available to train AI models as publishers tighten access  —  New research from the Data Provenance Initiative has found a dramatic drop in content made available to the collections used to build artificial intelligence.
Ashley Carman / Bloomberg:
Podcasts seem to be recovering: Audacy's podcast business is profitable, iHeartMedia's and Acast's Q1 podcast revenue grew 18% YoY and 25% YoY, respectively  —  The dark days of financial and legal woes appear to be ending as the industry sees signs of revival  —  Hello, hello, and welcome back to Soundbite.
 
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 More News: 
Cecilia D'Anastasio / Bloomberg:
Amazon's Twitch reinstates Donald Trump's account three years after he was banned, as “there is value in hearing from presidential nominees directly”
Discussion: Engadget, Dexerto and The Verge
Daryna Antoniuk / The Record:
Bangladesh orders a nationwide shutdown of its mobile internet amid student protests that killed dozens of people to “ensure the security of citizens”
Washington Post:
Sue Mi Terry, wife of WaPo columnist Max Boot, has been charged with acting as an agent of South Korea; the indictment cites a WaPo column she wrote with Boot
 Earlier Picks: 
Jack Dunn / Variety:
Fox Entertainment announces a restructuring of its operations that includes layoffs for about 30 people
NBC News:
Social media influencers backing Trump include Bryce Hall, with 23.7M TikTok followers, FaZe Banks, with nearly 5M YouTube subscribers, and Jake and Logan Paul
Aidan McLaughlin / Mediaite:
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
Lisa Richwine / Reuters:
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
 

 
From Techmeme:

Gavin Anderegg / anderegg.ca:
Bluesky is working to become fully decentralized but it could take years amid financial concerns as it makes money only by selling domains for usernames

Mark Gurman / Bloomberg:
How Tim Cook may navigate Trump's presidency, a closer look at Apple's upcoming smart home command center, sources detail a new AirTag coming in 2025, and more

Wall Street Journal:
Sources: ByteDance is valuing itself at about $300B as part of a recent buyback offer, one of its highest valuations ever

 
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