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Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, subscribers up 12% YoY to 246M, above est., and €266M operating income; SPOT jumps 12%+ — Spotify Technology SA shares surged to their highest in more than three years on Tuesday after the Swedish audio …
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Comcast reports Peacock Q2 revenue up 28% YoY to $1B, and a $348M loss, down from $651M in Q2 2023; paying subs were up 38% YoY to 33M but down from 33.5M in Q1 — Comcast and its entertainment unit NBCUniversal report second-quarter results, including the “best year-over-year improvement” …
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Comcast President Mike Cavanagh says NBCUniversal expects an 11-year rights deal with the NBA, starting with the 2025-26 season, will be announced “soon” — In the first on-the-record comments by a media partner in the NBA's pending $76 billion rights bonanza …
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Variety, Sportico, TVNewsCheck, Next TV, The Wrap and The Hollywood Reporter
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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
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Business Insider, The Streamable, Next TV, Reuters, Slate, @lucas_shaw, E! Online, IndieWire and Rolling Stone
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Google says it won't be “deprecating third-party cookies” in Chrome and will instead keep working on “privacy-preserving alternatives” via Privacy Sandbox APIs — After much back and forth, Google has decided to keep third-party cookies in its Chrome browser.
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Though the UK's ICO says it's “disappointed” with Google's not deprecating third-party cookies, the regulator has only weakly enforced data protection laws — In a material development that will likely have a big impact on online business models, Google is no longer proposing …
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BBC plans to lay off 500 more staff by March 2026 and reports a £263M operating deficit in 2023/24, up from £193M in 2022/23, projected to be £492M in 2024/25 — The BBC will lay off 500 more staff by March 2026 as its annual report paints a worrying financial picture including …
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BBC reports BBC Commercial revenue of £1.9B in 2023/24, down from £2.1B in 2022/23, and 3.8M BritBox International subscribers, with a 25% annual growth rate
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Broadband TV News, The Hollywood Reporter, Broadcast, The Hollywood Reporter, Advanced Television, BBC and WORLD SCREEN
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
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
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The Sun, The i Paper, Metro.co.uk, Sky News, The Mirror, The Mirror, The Mirror, Daily Mail, Telegraph, Daily Express, The Independent, The Independent, London Evening Standard, GB News, RTÉ, The Sun, LBC, The Times and Deadline
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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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ABC News, New York Post, Deadline, The Hill, Mediaite, NPR and Los Angeles Times
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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 …
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Next TV, TelevisaUnivision, Variety, WORLD SCREEN and TVNewsCheck
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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 …
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Semafor, Reporters Without Borders and European Federation …
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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
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
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Associated Press, Radio Free Europe/Radio …, TVNewsCheck, @freedomofpress, @samberkhead, @bentavener, @reidstan, @rebecca_vincent, @janlipavsky, @samagreene, @pressgazette, @bbcstever, @hadas_gold, CNN, New York Times, Reuters, BBC, Committee to Protect …, The Guardian, Voice of America, CNN, CBS News and USAGM
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A look at Sinclair's Rapid Response Team, which produces biased short articles; affiliates must include at least three RRT stories nightly — Eugene Ramirez, the lead anchor of Sinclair's national evening news broadcast, resigned in January over concerns about the accuracy and right-wing bias …
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Amazon begins rolling out a new UI for Prime Video to help distinguish content included with Prime, update its navigation bar, manage subscriptions, and more — And the new UI specifically addresses something that's annoyed Prime Video users for years: Now, according to Amazon …
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