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9:55 AM ET, July 6, 2022

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 Top News: 
Lucas Shaw / Bloomberg:
Netflix, Amazon, Warner Bros., and others cut costs, staff, movies, and TV shows; the industry released 559 scripted shows in 2021, up by 200+ compared to 2013  —  The sudden decline in Netflix's share price and the growing fear of a recession have forced Hollywood into a new period of fiscal austerity.
Stuart A. Thompson / New York Times:
Analysis: “Democrats cheating” and similar ideas have been raised 5K+ times on radio shows in 2022; radio remains the most influential medium for conservatives  —  Election fraud claims from 2020 are widespread on talk radio, contributing to the belief that the midterm results cannot be trusted.
Erik Crouch / Committee to Protect Journalists:
The CPJ says the US should ensure accountability in Shireen Abu Akleh's killing, after the US said a probe found no reason to believe her death was intentional  —  The U.S. government should ensure that those responsible for the killing of Palestinian American journalist Shireen Abu Akhleh …
Chris Roush / Talking Biz News:
Bloomberg News' investigations team adds five members, including four from BuzzFeed News: Anthony Cormier, Jason Leopold, Kendall Taggart, and Alex Campbell  —  Bloomberg senior executive editor Otis Bilodeau and executive editor Robert Blau sent the following memo to Bloomberg's investigations team on Tuesday:
Cristina Criddle / Financial Times:
Sources: TikTok abandons plans to expand its TikTok Shop live e-commerce program to Europe and the US, after internal problems and a lack of traction in the UK  —  Chinese-owned social media platform's foray into livestream shopping in the UK has struggled to gain traction
Joe Pompeo / Vanity Fair:
Allen & Co.'s annual Sun Valley conference begins on July 5 featuring Warner Bros. Discovery, Disney, Netflix, and more, as financial woes dampen dealmaking  —  As fleece-clad billionaires—and newcomers like Bari Weiss—flock to Idaho this week, Sun Valley fixtures are buzzing about Netflix's future …
Jeffrey M. Jones / Gallup:
A Gallup survey of Americans' confidence in major US institutions shows a drop of 5 percentage points for both newspapers and TV news from 2021 to 2022  —  WASHINGTON, D.C. — Americans are less confident in major U.S. institutions than they were a year ago, with significant declines for 11 …
Alex J. Rouhandeh / Newsweek:
IBT Media sues Newsweek and its CEO, seeking to cancel the 2018 deal to spin out Newsweek, which IBT claims was a PR stunt to shield the magazine from bad press  —  IBT Media is asking a New York court to cancel a 2018 deal in which Newsweek was spun off as an independent company …
Foo Yun Chee / Reuters:
EU lawmakers pass the Digital Services Act and the Digital Markets Act, seeking to regulate US tech giants, but limited resources could hamstring enforcement  —  EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in the power of tech giants such as Alphabet (GOOGL.O) …
Lauren Easton / Associated Press:
The Associated Press reopens its Gaza Strip bureau in a new location over a year after an Israeli airstrike destroyed the building housing its former office  —  Over a year after the building housing the news agency's Gaza bureau was destroyed in an Israeli airstrike, The Associated Press announced today …
Stephen Grey / Reuters:
In an interview from jail, the man accused of detonating the car bomb that killed Maltese journalist Daphne Caruana Galizia confesses to the crime  —  The man accused of detonating a car bomb that killed a prominent Maltese journalist has confessed to the crime in an interview with a Reuters reporter …
 
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 More News: 
Alex Weprin / Hollywood Reporter:
How Amazon is tying its fast-growing video offerings to its core retail business, helping sell more goods and drive Prime subscriptions
Matt Ott / Associated Press:
The union representing 250+ workers at News Corp's HarperCollins says members authorized a strike if the publisher fails to meet demands for better pay and more
Discussion: Publishers Weekly
Terence McGinley / New York Times:
A Q&A with David Fahrenthold on why the world of nonprofit charities is prime for investigative reporting, how he became an investigative reporter, and more
 Earlier Picks: 
Gary Ng / iPhone in Canada Blog:
Canada's CBC News plans to launch a free, ad-supported streaming news channel for local, national, and current affairs, on digital and TV platforms this fall
Discussion: @greenfield64 and @jackshafer
Elizabeth Aubrey / NME:
David Crosby, Stephen Stills, and Graham Nash's music returns to Spotify, after they removed it in February in solidarity with Neil Young's Joe Rogan protest