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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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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

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.

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:
@msh200, @bgrueskin and @benmullin

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, @niemanlab and @csmap_nyu

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, The Hollywood Reporter and Media Play News

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

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

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

Newsrooms traditionally urge journalists to keep their abortion views private, but Rolling Stone top editor tells staff: “you don't have to stifle your beliefs” — With the Supreme Court poised to eliminate a constitutional right, several media outlets have fallen …
Discussion:
@mlcalderone, American Press Institute, @elmcitytree, @elmcitytree, @noahshachtman, @couriernewsroom, @sorayamcdonald, @sorayamcdonald, @sorayamcdonald, @alisonturkos, @sorayamcdonald, @annehelen, @seanspicer, @jayrosen_nyu, @thrasherxy, @noahshachtman, @jessicavalenti, @gaufre, @coreypein, Defector, @hbcompass, @mattdpearce, @owillis, Breitbart and @jeremymbarr

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, Committee to Protect …, The Guardian, @ap, Al Jazeera, CNN, Common Dreams, Al Jazeera, Al Jazeera, @dalya_masri, @middleeasteye, @borzou, Al Jazeera, @nadineyousif_, @seldeeb, CBS News, @suilee, @empirefiles, @ggreenwald, @froomkin, @ilhanmn, @ilhanmn, @dianabuttu, @ajenglish, @dsa_intl_comm, @dena, @sanasaeed, BBC, @adamjohnsonnyc, @winter, @tomgara, @brandyljensen, @norabf, @notnihal, @mffahmy11, @dima_khatib, @janelytv, @tristandross, @julialindau, @gideonresnick, @bettymccollum04, @jeremycorbyn, @hadas_gold, @cassandrarules, @meghamohan, @m7mdkurd, @rafsanchez, @brianstelter, @rawaak, @owenjones84, @linahalsaafin, @johnmcdonnellmp, @ajenglish, @abdallah_fayyad, @ruslantrad, Variety, @saadabedine, @chehayebk, @vv1lder, @hasanthehun, @hadinasrallah, @linahalsaafin, @aliladiere, @hasanthehun, @dena, The Wrap, 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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BT and Warner Bros. Discovery announce a joint venture for sports coverage in the UK and Ireland, including Champions League soccer; BT to get £93M+ in the deal — The planned 50-50 joint venture will see BT Sport transferred to Warner Bros. Discovery, meaning that BT Sport and Eurosport U.K. are operated together.
Discussion:
@stuarthiggs, PR Newswire, @eurosport, Daily Mail, @graceonfootball, @graceonfootball, Telegraph, Broadband TV News, Deadline, @robharris, City A.M., @graceonfootball, Media Play News, City A.M., Financial Times, Engadget, @robharris, Digital TV Europe, The Guardian, Eurosport UK and Hollywood Reporter