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9:00 AM ET, July 23, 2024

Mediagazer

 Top News: 
Digiday:
Georg Szalai / The Hollywood Reporter:
Comcast reports Peacock Q2 revenue up 28% YoY to $1B, a $348M loss, down from $651M in Q2 2023, and paying subscribers up 38% YoY to 33M  —  Comcast and its entertainment unit NBCUniversal report second-quarter results, including the “best year-over-year improvement” in quarterly streaming losses since launch in 2020.
RELATED:
Bloomberg:
A look at Comcast's bet on the Paris Olympics, which executives hope will greatly elevate Peacock against Netflix and Disney+; Peacock has exclusive US rights  —  - US viewers will be able to see every Olympic event on Peacock  — Coverage of Games will promote Peacock original programming
RELATED:
Charlotte Tobitt / Press Gazette:
Huw Edwards tops the list of BBC's highest paid journalists for 2023/24 despite being off-air since July 2023; 46 BBC journalists earned above £178K  —  Number of BBC journalists earning more than £178,000 increases from 43 people to 46.  —  Forty-six BBC journalists earned …
Discussion: RTÉ and Deadline
Dylan Donnelly / Sky News:
A Russian court sentences Russian-American RFE/RL journalist Alsu Kurmasheva to six and a half years in prison for spreading “false info” about the Russian army  —  Alsu Kurmasheva, an editor at Radio Free Europe/Radio Liberty, was convicted for six and a half years in a secret trial, a court spokesperson said.
RELATED:
Reuters:
The US calls on Russia to free Russian-American RFE/RL journalist Alsu Kurmasheva, who was jailed last week in what RFE/RL said was “a mockery of justice”  —  The U.S. Embassy in Moscow on Tuesday called on Russia to free Alsu Kurmasheva, a Russian-American journalist …
Ashley Carman / Bloomberg:
Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, paid subscribers up 12% YoY to 246M, above 245.2M est., and a €266M operating income  —  Spotify Technology SA, the Swedish audio-streaming giant, reported second-quarter subscriber growth that exceeded analysts' projections …
Alex Weprin / The Hollywood Reporter:
WBD says it intends to match one of the offers for NBA rights; a source says it is targeting the package from Amazon, which is for about $1.8B per year  —  TNT has held NBA rights for 35 years.  What happens next will determine if the network keeps them.
Georg Szalai / The Hollywood Reporter:
TelevisaUnivision reports Q2 revenue up 3% YoY to $1.3B, ad revenue up 6% YoY to $785M, and operating expenses up 6% YoY to $896M  —  The Spanish-language media giant, led by CEO Wade Davis, reports its second-quarter financials. … The company also reemphasized that its streaming business …
Mike Scarcella / Reuters:
A US judge rules that Nina Jankowicz, a former Biden anti-disinformation official, could not back up her defamation claims against Fox News and parent Fox Corp  —  Fox News Media and its parent Fox Corp (FOXA.O) won a ruling on Monday dismissing a lawsuit by a former Biden administration official …
 
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 More News: 
Mark Kleinman / Sky News:
Source: former UK Chancellor Nadhim Zahawi approached billionaire backers like the Reuben family to prepare a £600M bid for The Daily Telegraph and Spectator
 Earlier Picks: 
Daniel Thomas / Financial Times:
WPP-owned ad agency Ogilvy unveils Influence Shield, a new service that aims to help clients deal with reputational issues arising from social media influencers
Elahe Izadi / Washington Post:
A profile of John Paul Vranesevich, the owner and only full-time reporter for the Beaver Countian who beat the national media on a Donald Trump shooting scoop
Amanda Meade / The Guardian:
Australian Financial Review Editor-in-Chief Michael Stutchbury plans to step down after 13 years, as AFR owner Nine Entertainment cuts 200 jobs to save $30M
Sam Buckingham-Jones / Australian Financial Review:
Google has quietly renewed deals with Australian outlets, sources say as year-long deals, worth tens of millions of dollars under the News Media Bargaining Code
Discussion: Mumbrella and Media Voices
Marshall Cohen / CNN:
Hunter Biden drops his lawsuit against Fox News over its “mock trial” miniseries about his overseas financial dealings, after filing it last month
Lucas Shaw / Bloomberg:
Sources: Apple's Eddy Cue has pushed TV+ studio chiefs to exert more control over budgets, hoping to change Apple's reputation as the biggest spender in town