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5:10 PM ET, July 20, 2021


 Top News: 
Jay Peters / The Verge:
Netflix says its expansion into gaming will start with mobile games, which will be included with a subscription at no additional cost  —  Games will be included at no added cost with a Netflix subscription  —  Netflix revealed that its initial efforts in gaming will be focused on mobile games …
Jessica Bursztynsky / CNBC:
Netflix reports Q2 revenue of $7.34B vs. $7.32 est., up 19% YoY, global paid net additions of 1.54M vs 1.75M expected; US and Canada region lost 433K subs  —  - Netflix reported earnings that missed on the bottom line and subscriber additions.  — The company's revenue slightly beat estimates.
Sara Fischer / Axios:
Jessica Toonkel / The Information:
Sources: Vice Media's plan to go public by merging with a SPAC has stalled as it struggles to raise more financing amid questions about Vice's valuation  —  Vice Media's plan to go public by merging with a special purpose acquisition company has stalled as the company struggles …
Wall Street Journal:
Sources: ViacomCBS' Shari Redstone and Bob Bakish and Comcast CEO Brian Roberts met in June to discuss potential streaming partnership for international markets  —  Late June meeting also included ViacomCBS CEO Robert Bakish; focused on potential to join forces in international markets
Cynthia Littleton / Variety:
Univision announces executive changes: Luis Silberwasser will oversee entertainment, news, and sports, and Leopoldo Gomez will be head of the news division  —  Univision has unveiled a massive overhaul of its corporate ranks as well as the leadership of its entertainment, news and sports divisions.
Hollywood Reporter:
ESPN's Patricia Mays is named executive editor of news at The Hollywood Reporter, where she will oversee digital strategy  —  Mays, who oversaw the national coverage team for ‘SportsCenter’ as well as other TV studio shows, live events and digital while at ESPN, has been named to a top editor role at THR.
Discussion: Insider and Talking Biz News
Aaron Couch / Hollywood Reporter:
Comic creators at Marvel and DC express dissatisfaction over “paltry” contracts that don't account for their work being adapted into TV shows or movies  —  The star writers and artists behind major comic book characters are becoming increasingly outspoken about “paltry” …
Discussion: @philjimeneznyc and /Film
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 More News: 
Lindsey Ellefson / The Wrap:
CNN plans to hire 450 people for the launch of CNN+ for editorial, product, technology, design, analytics, and design roles
Tim Peterson / Digiday:
NBC News says Stay Tuned, its daily news show on Snapchat, has 10.5M subs, and its twice-daily episodes get ~1M unique viewers, with 50% watching 3 shows a week
Joe Otterson / Variety:
TV writers say the development backlog created by the pandemic remains a challenge even with production back up, as buyers have little appetite for new projects
 Earlier Picks: 
Michelle Goldberg / New York Times:
In her new book, journalist Julie K. Brown expands on the Epstein story and her financial struggles while reporting on it amid a contracting newspaper industry
Lisa Lerer / New York Times:
NYT columnist Nicholas Kristof decided to take a leave of absence last month as he considers the possibility of a Democratic bid for Oregon governor
Oliver Darcy / CNN:
Internal email shows Fox Corp. has implemented its own version of a vaccine passport, allowing staff to self-report the dates their shots were administered
Maeve Sheehey / Politico:
DOJ announces that it will no longer use compulsory legal processes to seize records from reporters acting “within the scope of their newsgathering activities”
The Guardian:
Over 80 journalists from 16 outlets, members of the Forbidden Stories consortium, collaborated on the Pegasus project, which investigated the NSO Group leak