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6:00 PM ET, July 22, 2021

Mediagazer

 Top News: 
Todd Spangler / Variety:
AT&T Q2: HBO Max and HBO have 67.5M subscribers, up 12M YoY; HBO Max subscription revenue grew 39% YoY to $2B; WarnerMedia income fell 11.3% YoY to $1.7B  —  For the second quarter of 2021, the company reported a net gain of 2.8 million total domestic HBO Max and HBO subscribers …
RELATED:
Cynthia Littleton / Variety:
Jason Kilar says Warner Bros. will produce at least 10 movies exclusively for HBO Max in 2022  —  Warner Bros. will produce 10 or more movies exclusively for HBO Max in 2022, WarnerMedia CEO Jason Kilar said Thursday as he declared “motion pictures matter and will continue to matter.”
Jordan Novet / CNBC:
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY; stock is up 8%+  —  - Twitter's revenue growth accelerated and surpassed analysts' expectations.  — The social-media company introduced its first subscription service in the quarter.
Los Angeles Times:
LA Times names Shani Hilton to a newly created role, managing editor for new initiatives; she'll oversee podcasts and video and foster newsroom experimentation  —  Shani Hilton has been appointed to the newly created role of managing editor for new initiatives at the Los Angeles Times, effective immediately.
Oliver Darcy / CNN:
WaPo reporter Felicia Sonmez sues WaPo, Marty Baron, and other editors, claiming she faced discrimination after disclosing she was a sexual assault victim  —  New York (CNN Business)A reporter at The Washington Post filed a lawsuit Thursday against the newspaper, its former top editor …
Sara Guaglione / Digiday:
Future PLC, which owns Tom's Guide, Marie Claire, and more, says it drove nearly $1B in e-commerce revenue for its affiliate partners in 2020  —  Future PLC's 2020 e-commerce business boom has carried over into 2021.  —  The U.K. media company — which owns brands like Tom's Guide …
Discussion: @sarahmarshall
Adi Robertson / The Verge:
The Biden administration's promise to “review” Section 230 in response to anti-vax posts on Facebook will fail since being wrong online is protected speech  —  ‘Reviewing’ Section 230 isn't the answer to anti-vax posts  —  Last week, the White House declared war …
Benjamin Mullin / Wall Street Journal:
Former CBS CEO Joe Ianniello has launched a SPAC, called Argus, and hopes to raise $300M+ to pursue an acquisition in media, telecommunications, or technology  —  SPAC, dubbed Argus, hopes to raise at least $300 million and is hunting for an acquisition in media, telecom or technology
Discussion: The Wrap and Hollywood Reporter
Reuters:
Filing: Teads, which provides automated buying and selling of online ad space, plans to raise up to $808.5M in its US IPO, at a valuation of about $5B  —  Advertising technology company Teads BV, owned by French telecom company Altice, said on Wednesday it aims to raise up to $808.5 million through …
Martha Carr / New Orleans Times-Picayune:
Times-Picayune and The Advocate to receive $1M from the Ford Foundation to double the size of the papers' investigative team and expand its geographic reach  —  The Times-Picayune and The Advocate will receive a $1 million gift from the Ford Foundation, one of the nation's largest philanthropic funds …
 
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Kat Stoeffel / Bustle:
Profile of Call Her Daddy podcast host Alex Cooper, who left Barstool Sports for an exclusive Spotify deal that reportedly pays $60M over three years
Ashley Carman / The Verge:
Clubhouse is no longer invite-only as it exits beta and says the 10M people on its waitlist will be added to the app over time
Andrew Marchand / New York Post:
Maria Taylor leaves ESPN, weeks after the Rachel Nichols controversy; sources: Taylor is headed to NBC and is expected to be part of its Olympics coverage