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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 …
Discussion:
The Streamable, The Wrap, AppleInsider, Nerdist, @starfire2258, Hollywood Reporter, Fast Company and Cord Cutters News, more at Techmeme »
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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.
Discussion:
Variety, TechCrunch, The Wrap, IndieWire, @davidlaz, @stockmktnewz, @sherman4949, @sherman4949 and @lucas_shaw, more at Techmeme »


Sources: AT&T is in discussions to sell Xandr to Indian ad tech company InMobi; the mismanaged ad unit has annual revenue of ~$300-$380M and losses of $50-$90M — AT&T is in discussions to sell its ad unit to Indian ad tech giant InMobi, sources tell Axios.
Discussion:
Ad Age, @sarafischer, @acfou, @reckless, @alexweprin, @awolk, @aripap, @loupas, @loudmouthjulia, @catthekin, @karlbode and Bloomberg, more at Techmeme »


Substack is funding the launch of podcast network Booksmart, which will start with five podcasts; subscribers will get extra content for $7/month or $70/year — Substack is funding the launch of a new podcast network called Booksmart Studios, executives tell Axios.
Discussion:
@tnwhiskeywoman, @tomgara, @sarafischer, @rfaughnder, axios.com and @nwquah, more at Techmeme »


CNET, acquired last year by Red Ventures from ViacomCBS, is looking to fill 150 new roles, its biggest expansion since the 1990s — As part of our largest expansion since the 1990s, CNET is adding more than 150 new roles. … CNET, newly a part of Red Ventures, is making moves to reinvent the modern media model.
Discussion:
@qwongsj and @techledes


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 …
Discussion:
@lauramandaro, @sherman4949 and @kerrymflynn


Sources: Apple wants to lease a large campus in LA for film and TV production as competition for soundstages heats up — The producer of ‘Ted Lasso’ and ‘The Morning Show’ wants to expand its presence in the competitive streaming landscape — Apple Inc. told real-estate developers it wants …
Discussion:
Forbes, New York Post, @mattbelloni, @richlightshed, AppleInsider and @pat_garofalo


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
Discussion:
@benmullin, @lilliannnn, FierceVideo, @michaelsocolow, @entstrategyguy, @masasoncap, @wsj, @pkafka, @great_katzby, @gregobr, @richlightshed and @richlightshed


WarnerMedia is letting Snapchat users in the US watch pilot episodes of some HBO Max original series, like Gossip Girl and Euphoria, for free — In a new sampling strategy to boost HBO Max signups, WarnerMedia is letting Snapchat users in the U.S. watch select pilots of the streaming service's …
Discussion:
The Verge, The Streamable, Forbes, TechCrunch, Adweek, Hollywood Reporter, FierceVideo and @xpangler, more at Techmeme »


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.


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


Ampere: between Q3'20 and the end of March 2021, the proportion of internet-connected people aged 55 to 64 in UK who subscribed to Netflix grew from 38% to 50% — Streaming service to report lowest new subscriber numbers since 2011, with young viewers largely signed up
Discussion:
Digital TV Europe