Top News:
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 — Netflix reported second-quarter earnings Thursday that showcased the media giant's position at the head of the streaming race …
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 — Netflix (NFLX.O) said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited …
Caitlin Huston / The Hollywood Reporter:
Peter Naylor, Netflix's VP of ad sales since August 2022, is leaving, and the company plans to hire a head of US and Canada ad sales to replace his global role
Discussion:
Ad Age, Variety, @pkafka, @pkafka, @pkafka, TVNewsCheck, The Information, Adweek and Deadline
Lucas Manfredi / The Wrap:
Netflix says its ad tier now accounts for 45%+ of all signups in the markets where it's available, and ad tier memberships grew 34% QoQ in Q2 to 40M MAUs in May
Discussion:
Variety, Yahoo Finance, RTÉ, WORLD SCREEN, Financial Times, MediaPost, @sharonwaxman, IGN, Quartz, The Information, Next TV and Deadline
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.
Discussion:
Wall Street Journal, The Desk, Mediaite, Talking Biz News, Washington Post, Alistair MacDonald on LinkedIn, Reuters, Lynn Cook on LinkedIn, CBS News, Axios, Al Jazeera, Breitbart, Associated Press, TVNewsCheck, @jaketapper, ABC7, Bloomberg, Brian Tierney on LinkedIn, @kimzetter, New York Times, @jrezaian, Radio Free Europe/Radio …, SWAMY WORLD, Voice of America, The US Sun, Politico, @jtoonkel, Newser, The Guardian, Reuters, Nora Eckert on LinkedIn, CNN, @brettbruen, The Wrap, Raw Story, Euractiv, @maxseddon, @davidfolkenflik, Semafor, @bbcstever, Courthouse News Service, freebeacon.com, NPR, @sylkegruhnwald@infosec …, Lucy Knight on LinkedIn, Business Insider, The White House, Washington Examiner, Committee to Protect …, Fox News, SPJ News, The Daily Beast and News/Media Alliance
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.
Discussion:
@george_kurtz, NPR, The Guardian, WWMT-TV, TechCrunch, MediaPost, ABC News, Vox, The US Sun, @matthewkeyslive, Al Jazeera, @davidgrayrhodes, Associated Press, Washington Examiner, New York Times, Hong Kong Free Press HKFP, Quartz, Mercury News, The Sun, MIT Technology Review, CNBC, Mashable, Broadband TV News, SWAMY WORLD, Reuters, @troyhunt, Variety, Ars Technica, The Verge, Courthouse News Service, Gizmodo, al.com, ABC13, ABC7, @vxunderground, @tomwarren, Politico, @tomwarren, 9to5Mac, @troyhunt, @skysportsnews, @aidanfitzryan, The Record, @netcapgirl, @trungtphan, Fast Company, The Daily Beast, CBS News, NBC Bay Area, New York Post, Deadline, HuffPost, Digital Trends and Washington Post, more at Techmeme »
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.
Discussion:
Molly DeMellier on LinkedIn, @ashleyrcarman and The Podcast Host
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
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” — Gaming site says it allowed the candidate back after his presidential nomination. — LEARN MORE
Discussion:
TechCrunch, Dexerto and The Verge, more at Techmeme »
Chris Roush / Talking Biz News:
Fortune names Jim Edwards as its global news director to create “24/7 coverage across Europe, US, and Asia”; Edwards was Business Insider UK's founding editor — Fortune has hired longtime business journalist Jim Edwards to be is global news director. — He will start on Monday.
Discussion:
@ajs
Alexa Corse / Wall Street Journal:
X's Grok AI model struggled to generate accurate headlines and new summaries, especially for breaking news, elevating jokes and rumors into some X news items — Grok posted incorrect information, amplified unverified claims and failed to identify sarcasm as details of Trump shooting unfolded
Discussion:
@alexacorse, @alexacorse, @rachaelmyrow, Wired, Forbes and The Wrap
Charlotte Tobitt / Press Gazette:
In an interview, Metro executives say the free newspaper is now profitable in both print and digital, after it underwent a major restructuring in March 2023 — Metro is growing commercially even as free London rival Evening Standard forced to reduce print output.
Discussion:
Sofia Victoria Delgado on LinkedIn, Emily Shackleton on LinkedIn and Media Voices
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” — Authorities in Bangladesh have reportedly ordered a nationwide shutdown of mobile internet networks amid student protests …
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 — 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, Washington Post, Adweek, Radio & Television …, @loudobbs, Variety, The US Sun, Radio Ink, Broadband TV News, ComingSoon.net, @mehdirhasan, @carolmswain, @carolmswain, @yashar, Next TV, Los Angeles Times, NPR, Newser, @markjacobnews@threads.net, Reuters, USA Today, CBS News, The Wrap, The Desk, New York Times, The Daily Beast, The Hollywood Reporter, TVLine, al.com, TMZ.com, HuffPost, The Independent, Washington Examiner, New York Post, Deadline, TVNewsCheck, Fox News, Talking Biz News and ABC13
Output Producer, CA — 
China Markets Correspondent, Shanghai — 
Senior Assignment Editor, DC — 
Breaking News Editor, Tokyo — 
Senior Correspondent - Wealth, NY — 
Reporter - Ottawa Bureau — 
Local Government Reporter, IA — 
Research Director, CA — 
Immigration Enforcement Reporter — 
Presque Island Reporter, ME — 
Contributing Parks Ed. - SW, CA — 
AI Content Editor, WA — 
Legislative Reporter, TN — 
Editorial Assistant, Remote US — 
Elon Musk Reporter, NY or CA — 
Government & Politics Editor, WA — 
Business & GA Reporter. VT — 
Sports Reporter, WA — 
Energy Reporter, TX — 
Senior Reporter, SC — 
Trade & Climate Correspondent, DC — 
Reporter, WI — 
L.A. Issues Reporter, CA — 
Senior Editor, Remote — 
Political Newsletter Writer, CO — 
Jackson Reporter, MS — 
Audience Dev. Editor, NY — 
Climate Finance Reporter, VA — 
Breaking News Reporter, NV — 
Fearless Reporter/Producer, IA — 
Reporter II - Technology, Remote — 
Editor, Remote US — 
Business Reporter, WA — 
Senior Writer/Editor, FL — 
Media Editor, Remote — 
