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3:30 PM ET, July 22, 2021


 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 …
Hollywood Reporter:
WarnerMedia says it will delay the launch of HBO Max in Europe from H2 2021 to early 2022 as it focuses on subscriber growth in Latin America  —  The global rollout for WarnerMedia's streaming service has hit a fork in the road in 2021 as subscriber growth in Latin America becomes a near-term focus.
Discussion: Variety and The Streamable
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 …
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 …
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 …
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
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 …
Kayleigh Barber / Digiday:
A look at livestream shopping shows from BuzzFeed, which has put on 50+ livestreams on Amazon Live this year, including a 16-hour-long show on Prime Day  —  BuzzFeed is the latest media company to start experimenting with livestream shopping (aka the new, digital version of QVC) …
Discussion: @peterhimler and @simonowens
Todd Spangler / Variety:
Comcast is offering its broadband subscribers the option of signing up for Hulu + Live TV, which is not available to Comcast's cable subscribers  —  Cable giant Comcast, like other traditional pay-TV providers, has been steadily losing video subscribers the last several years.
Hannah Ellis-Petersen / The Guardian:
Tax inspectors raid headquarters and regional offices of major Indian media group Dainik Bhaskar after it criticized the government's COVID response  —  Dainik Bhaskar accuses government of pursuing it on trumped-up charges in response to its reporting  —  Tax raids have been carried …
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 More News: 
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
Benjamin Mullin / Wall Street Journal:
Bustle owner BDG Media is buying Some Spider Studios, which owns parent sites Scary Mommy, Fatherly, and The Dad, in an all-stock deal valuing Spider at ~$150M
 Earlier Picks: 
Maria Halkias / Dallas Morning News:
The Dallas Morning News names Katrice Hardy of The Indianapolis Star as executive editor; she's the first woman and Black journalist to lead the newsroom
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