Top News:
Richard Lawler / The Verge:
Disney CEO Bob Chapek discusses eventually making ESPN a DTC streaming offering, but gives no specifics yet, noting linear networks are “cash generators” — Disney isn't ready to ‘pull the trigger’ on its linear cable network — On an earnings call earlier today …
Discussion:
Deadline, The Streamable, MediaPost, The Hollywood Reporter and Awful Announcing
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Alex Weprin / Hollywood Reporter:
Disney's streaming subscribers hit 205.6M globally in Q2: Disney+ added 7.9M subscribers to reach 137.7M, Hulu added 300K to 45.6M, and ESPN+ added 1M to 22.3M — Hulu added 300,000 subscribers to reach 45.6 million subs and ESPN+ added 1 million subscribers to reach 22.3 million.
Todd Spangler / Variety:
Disney reports Q2 revenue of $19.25B, up 23% YoY, missing financial estimates due to several one-time charges, but beats Disney+ subscriber growth estimates — Disney's flagship streamer gained 7.9 million customers in the first three months of 2022, to stand at 137.7 million, up 33% year over year.
Discussion:
Axios, Digiday, Axios, CNBC, @herbscribner, The Walt Disney Company, CNBC, @sherman4949, @sherman4949, @sherman4949, @loudmouthjulia, @loudmouthjulia, @xpangler, @xpangler, MediaPost, Protocol, TechCrunch, New York Post, SlashFilm, The Verge, The Wrap, Radio & Television …, Deadline, Yahoo Finance and Adweek
New York Times:
Bloomberg Media launches Bloomberg UK with a website, video series, podcast, and a summit in 2022, to compete with The Financial Times and The Sunday Times — A new venture, Bloomberg UK, is the first inkling of a new international strategy for the business news giant. — Give this article- - - Read in app
Discussion:
@bgrueskin, @emilybell, @msh200 and @benmullin
Shraddha Chakradhar / Nieman Lab:
A study finds that reliable news consumption increases among US participants who tended to spend time on unreliable news after installing NewsGuard's extension — As more companies and platforms adopt ways to figure out whether fact-checking, flagging questionable content …
Discussion:
@andyguess, @dpfunke, @niemanlab and @csmap_nyu
Bevin Fletcher / Fierce Video:
Marcien Jenckes, president of advertising for Comcast Cable, will lead the Comcast-Charter joint venture building a streaming platform on 4K devices and TVs — Charter and Comcast have tapped advertising executive Marcien Jenckes to head up the partners' recently announced streaming platform joint venture.
Discussion:
Variety, The Wrap, Media Play News and The Hollywood Reporter
Ariel Shapiro / The Verge:
Spotify promotes Bill Simmons to oversee global sports strategy and names Parcast founder Max Cutler as head of creator content and partnerships — He will lead a new global sports push for the streamer — Spotify has lost a number of top executives in the past month …
Discussion:
The Wrap and Deadline, more at Techmeme »
Ben Mullin / @benmullin:
[Thread] Source: Insider founder Henry Blodget tells staff the company is pulling back on making new hires — Insider founder Henry Blodget just told staffers the company is pulling back on making new hires, according to a person familiar with the matter. His remarks came during a quarterly update meeting.
Discussion:
@benmullin
Christian Hetrick / dot.LA:
Snap names ad veteran Colleen DeCourcy as CCO, reporting to CMO Kenny Mitchell; she recently spent nearly a decade at independent ad agency Wieden+Kennedy — Social media giant Snap has hired Colleen DeCourcy as chief creative officer, tapping an advertising veteran who spent nearly a decade …
Naman Ramachandran / Variety:
Sky CEO says the company will invest £500M in 2022 to create 200 UK originals, triple its 2019 production — Pay TV operator Sky is continuing to invest big in the U.K. — The Comcast owned outfit has trebled its output of U.K.-originated content from 2019 to 200 originals in 2022 …
Discussion:
Hollywood Reporter and Deadline
Dan Stone:
Analysis: ~20% of NYT articles have bylines crediting more than one reporter in 2022, up from 2% in 2000, as newsroom collaboration and live reporting grow — A few years ago, I found myself looking at New York Times bylines a lot more. I couldn't help it really.
Discussion:
Gawker
Hannah Miller / Bloomberg:
The Chainsmokers partner with music rights startup Royal to release 5K NFTs, giving holders a cut of streaming royalties, priority access for tickets, and more — Pop music duo the Chainsmokers plan to release nonfungible tokens that will give fans a cut of the streaming royalties from their new album, “So Far So Good.”
Discussion:
@cpen and @newsynick
CNN:
Al Jazeera journalist Shireen Abu Akleh was shot in the head while covering an Israeli raid in the West Bank; three eyewitnesses said Israeli troops killed her — Al Jazeera journalist Shireen Abu Akleh was shot and killed in the West Bank Wednesday, the network said.
Discussion:
@statedeptspox, New York Times, @ap, Committee to Protect …, Al Jazeera, The Guardian, Al Jazeera, @dalya_masri, Al Jazeera, Common Dreams, @middleeasteye, CNN, @seldeeb, @borzou, @nadineyousif_, @suilee, @empirefiles, @ggreenwald, @froomkin, @ilhanmn, @ilhanmn, @dianabuttu, Al Jazeera, @ajenglish, @dsa_intl_comm, @dena, @sanasaeed, @adamjohnsonnyc, @winter, @tomgara, @brandyljensen, @norabf, @notnihal, BBC, @mffahmy11, @dima_khatib, @janelytv, @tristandross, @julialindau, @gideonresnick, @bettymccollum04, @jeremycorbyn, @hadas_gold, @cassandrarules, @meghamohan, @m7mdkurd, @rafsanchez, @brianstelter, @rawaak, @owenjones84, @linahalsaafin, @johnmcdonnellmp, @ajenglish, @abdallah_fayyad, @ruslantrad, @saadabedine, @chehayebk, @vv1lder, @hasanthehun, @hadinasrallah, @linahalsaafin, @aliladiere, Variety, @hasanthehun, @dena, The Wrap, CBS News, Mediaite, NPR, Deadline, The Times of Israel, Associated Press, Fox News, Houston Chronicle, The Independent, Reuters, The News International, Jerusalem Post and Free Press Journal
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