Check out Mini-Mediagazer for simple mobiles or Mediagazer Mobile for modern smartphones.
2:40 PM ET, July 24, 2024

Mediagazer

 Top News: 
Alex Weprin / The Hollywood Reporter:
YouTube Q2 ad revenue grew 13% YoY to $8.66B, vs. $8.93B est.; Google's subscriptions, platforms, and devices unit that includes YouTube TV had revenue of $9.3B  —  The Google-owned video platform still saw its ad haul rise by 13 percent compared to last year.
Chris Welch / The Verge:
Daniel Ek says Spotify is working on a deluxe Spotify tier, costing around $17 to $18, that has “a lot more control, a lot higher quality across the board”  —  The saga of Spotify HiFi has many twists and turns.  First announced over three years ago, the music service's higher …
The Information:
Internal messages: Meta staff complained about Threads' algorithm limiting political posts, after the For You page was slow to show news of Biden dropping out  —  Shortly after Joe Biden dropped out of the presidential election Sunday, an employee at Meta Platforms posted in the company's internal forum …
Robbie Whelan / Wall Street Journal:
Former Marvel chairman Ike Perlmutter, who backed Nelson Peltz in a failed proxy fight for two Disney board seats, sells his stake of nearly 26M Disney shares  —  Isaac “Ike” Perlmutter, the former Marvel Entertainment executive, who for the last decade and a half has been one of Disney's …
RELATED:
Natasha Lomas / TechCrunch:
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 …
Melanie Goodfellow / Deadline:
France's Arcom regulator will not renew the TNT frequencies of Canal+ Group's controversial channel C8, which was fined €7.6M for lack of political plurality  —  Controversial French free-to-air channel C8, a subsidiary of Vivendi's Canal Plus Group, is set to lose its TNT frequency …
Variety:
A Prime Video India-commissioned report finds that India is attracting ~$6B per year in local content investments, or $4 per head vs. $370 per head in the US  —  Indian streaming series such as Netflix's “Heeramandi,” Prime Video's “Mirzapur” or Disney+ Hotstar's “Bad Cop,” could soon be more influential than Bollywood.
Discussion: @lucas_shaw, Bloomberg and Deadline
Amanda Meade / The Guardian:
Some of News Corp's most experienced journalists in Australia, including Sue Dunlevy, have been made redundant, as the outlet cuts its national reporting team  —  Murdoch's Australian arm has quietly slashed tens of millions of dollars in costs to counter a slow advertising market and loss of revenue from Meta deal
Amanda Meade / The Guardian:
Journalists at Nine newspapers Sydney Morning Herald and the Age plan to strike during Olympics if their demands, including a higher pay rise, aren't met  —  Reporters will walk off job from Friday - affecting Paris Games coverage - unless union demands are met during Wednesday afternoon meeting
RELATED:
Georg Szalai / The Hollywood Reporter:
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
 
 Archived Page Info: 
This is a snapshot of Mediagazer at 2:40 PM ET, July 24, 2024.

View the current page or another snapshot:


 
 See Also: 
Mediagazer: site main
Mediagazer River: reverse chronological Mediagazer
Mediagazer Mobile: for phones
Mediagazer Leaderboard: Mediagazer's top sources
 
 Subscribe: 
Mediagazer RSS feed
Mediagazer on X
Mediagazer on Mastodon
 
 
 More News: 
Jess Weatherbed / The Verge:
Twitch introduces new policy and moderation updates to curb sexual harassment, including making its policy “easier to understand” and adding moderation tools
more at Techmeme »
Jess Jones / City A.M.:
LADbible owner LBG Media reports H1 2024 revenue up 55% YoY to £42.3M, adjusted earnings up 240% YoY to £10.2M, and a global audience of 493M; LBG jumps 11%+
Discussion: LBG Media
Bron Maher / Press Gazette:
A look at The Guardian's recipes app Feast, which costs £2.99/month and has reached 100K+ downloads since April 2024, and how its bundling differs from the NYT
 Earlier Picks: 
Judd Legum / Popular Information:
A look at Sinclair's Rapid Response Team, which produces biased short articles; affiliates must include at least three RRT stories nightly
Todd Spangler / Variety:
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
 

 
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

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

Wall Street Journal:
Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised
 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
memeorandum
 What US political commentators are discussing online right now
WeSmirch
 The top celebrity news from all around the web on a single page