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Discovery says it has 18M subscribers, most on Discovery+, reports Q2 net income of $672M on revenue of $3.06B, up 21% YoY; US ad revenue grew 12% YoY to $1.1B — Discovery surpassed financial expectations in the second quarter of 2021, when advertising sales and growth at Discovery+ made for a solid three-month period.
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The Hollywood Reporter, Variety, The Streamable, MediaPost, WORLD SCREEN, The Streamable, Variety, The Wrap, nexttv.com, @kelseymsutton, @loudmouthjulia and @alexweprin
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Knight Foundation announces Jim Brady as VP/Journalism; Brady has worked at WaPo, Digital First Media, and founded Spirited Media — Jim Brady will be VP/Journalism — Heidi Barker will be VP/Communications and Chief DEI Officer — Digital news leader Jim Brady will join the John S …
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@knightfdn, @jimbrady, @raju, @sewellchan, @jenniferpreston, @froomkin, @jeffjarvis, @vivian and @ckrewson


A staffer sues Fox News saying Andrew Napolitano sexually harassed him and Larry Kudlow made racist and sexist remarks; Fox has “parted ways” with Napolitano — Fox Business host Larry Kudlow repeatedly made racist and sexist remarks during staff meetings and even blocked …
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Supreme Court of the State of New York County of New York, Talking Biz News, Mediaite, Breitbart, The Wrap, The Daily Beast, @owillis, The Week, Columbia Journalism Review, @nydailynews, Newser, HuffPost, Deadline, Insider, @jaywillis, @deanobeidallah, @jeremymbarr, TVNewser, Variety, Law & Crime and ResetEra


Daisy Veerasingham named president and CEO of The Associated Press, becoming the first woman, person of color, and foreign citizen to lead the outlet — NEW YORK - The Associated Press today named Daisy Veerasingham as its new president and CEO, effective Jan. 1, 2022.
Discussion:
New York Times, Associated Press, The Hill, Reuters, The Wrap, Poynter, @dsupervilleap, @jpacedc and @sarafischer


Twitter partners with Reuters and the AP, who will provide context and highlight links from trusted sources for Trends, Moments, Search, and more — Twitter announced today it's partnering with news organizations The Associated Press (AP) and Reuters to expand its efforts focused …


Belarusian journalist given 18 months for insulting Lukashenko; human rights org reports 200+ July raids on offices and homes of activists and journalists — A Belarusian journalist has been sentenced to 18 months in prison after being found guilty of insulting the country's authoritarian leader …


For the first time, a film distributor will debut a movie on Facebook via a live ticketed event; the documentary “The Outsider” will launch on August 19 — For the first time ever, a film distributor will use Facebook to debut a movie exclusively via a ticketed live event, executives tell Axios.
Discussion:
The Streamable and Variety


On-demand movie and TV service FandangoNow has merged with video streaming service Vudu, which will become Roku's official movie and TV store — The updated Vudu service will have more than 200,000 titles to rent or buy — including features on Disney+ like ‘Black Widow.’
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MediaPost, Cord Cutters News, Decider and FierceVideo


ViacomCBS announces a multi-year distribution agreement with Cox Communications, which will now gain access to Paramount+, Showtime OTT, and Pluto TV — ViacomCBS announced a new multi-year distribution agreement with Cox Communications that includes greater access to ViacomCBS's streaming services …
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Radio & Television …


Some podcasters worry about the impact of huge investment into the industry, led by Spotify and Amazon, especially on indie shows — As big spenders such as Amazon and Spotify fill our ears with more commercial, celebrity-driven fare, can grassroots, diverse shows survive?


YouTube will pay creators up to $10K/month for making original videos on YouTube Shorts, starting in 10 regions this month and paid out of its $100M Shorts Fund — YouTube's $100 million Shorts Fund launches this month — YouTube will pay creators up to $10,000 per month for making popular videos …
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The Wrap, TechCrunch, Variety, The Verge, @reckless, @alexeheath and Tubefilter, more at Techmeme »


WarnerMedia and LG reach an agreement to distribute HBO Max on recent-model LG smart TVs in the US — More than a year after HBO Max debuted, LG Electronics USA and WarnerMedia reached a deal to distribute the HBO Max app on recent-model LG smart TVs in the U.S.
Discussion:
The Streamable, The Verge and Cord Cutters News


The White House and some states are teaming up with influencers on TikTok and Instagram to encourage vaccine uptake in young people and counter misinformation — The White House has teamed up with TikTok stars, while some states are paying “local micro influencers” for pro-vaccine campaigns.
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