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2:30 PM ET, May 12, 2022

Mediagazer

 Top News: 
RELATED:
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.
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.
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: @msh200, @bgrueskin and @benmullin
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.
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
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 …
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
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.
RELATED:
Bethan McKernan / The Guardian:
Al Jazeera accuses Israel of intentionally killing Shireen Abu Akleh, who was wearing body armor marked “press”; Israel backtracks from blaming Palestinians
Patrick Frater / Variety:
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.
Charlotte Klein / Vanity Fair:
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 …
 
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 Featured Newsletter: 
The Media Roundup:
Younger people will pay for news in podcasts  —  In this issue we're looking at attracting younger audiences to paid podcasts, the BBC's digital-first dismantling plan, rising profits at the Telegraph and the continued existence of USA Today in print.
 
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 More News: 
Justin Baragona / The Daily Beast:
Former Fox News anchor Ed Henry, fired in 2020 amid sexual misconduct allegations, drops his defamation lawsuits against NPR and CNN for reporting on his firing
Katie Robertson / New York Times:
Slate names Hillary Frey, a former top editor at HuffPost, as its new editor in chief; Slate has not had an EIC since Jared Hohlt stepped down in January 2022
 Earlier Picks: 
Rebecca Jennings / Vox:
Creators who quit YouTube keep returning despite “YouTube brain”, where creators are creatively and financially subject to the whims of viewer attention spans
Matt Schifrin / Forbes:
Chicken Soup for the Soul Entertainment plans to acquire DVD rental and streaming company Redbox Entertainment for $375M in an all-stock deal