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11:20 PM ET, July 12, 2022


 Top News: 
Benjamin Mullin / New York Times:
Medium founder Ev Williams is stepping down as CEO, to be replaced by CEO Tony Stubblebine; Williams plans to start a new holding company/research lab  —  Mr. Williams, the company's founder and a co-founder of Twitter and Blogger, said in a post that he planned to start a new holding company and research lab.
Laura Hazard Owen / Nieman Lab:
Todd Spangler / Variety:
Google says YouTube TV has 5M+ subscribers, including free trial users, making it the US' biggest internet pay TV provider and fifth-largest TV distributor  —  Google says YouTube TV has surpassed 5 million accounts — making it the U.S.'s biggest internet-based pay TV service.
Sara Fischer / Axios:
Reuters debuts Reuters Insight, a subscription research business for individuals making corporate strategy decisions, starting at $2,500 per year, per vertical  —  Reuters is launching a new subscription research business called Reuters Insight that will be geared toward individuals making corporate strategy decisions.
Discussion: Talking Biz News
Parker Molloy / Dame Magazine:
Mainstream news outlets in the US, often labeled as liberal, have lurched to the right since the 2016 elections and show no signs of letting up  —  “Liberal media” is a myth.  Since Trump's presidency, mainstream news has embraced, employed, and laundered conservative propaganda, and it shows no signs of letting up.
In H1 2022, US cable news viewership fell 19% YoY, news app sessions for the top 12 publishers fell 16% YoY, and visits to the top five news sites fell 18% YoY  —  Engagement with news content has plunged during the first half of this year compared to the first half of 2021 and in some cases has fallen below pre-pandemic levels.
J. Clara Chan / Hollywood Reporter:
Spotify acquires Heardle, describing the music trivia game inspired by Wordle as a “tool for musical discovery”, and plans to keep it as a standalone site  —  The game, which challenges users to identify a song based on short audio clips, will remain free to play for users.
Sara Fischer / Axios:
Disney and The Trade Desk reach an agreement to let brands target automated ads across Disney properties using data matched on the backend from both companies  —  Disney has reached an agreement with The Trade Desk, a global ad tech company, that makes it possible for brands …
Naman Ramachandran / Variety:
The BBC reports a record income of £5.33B, of which £3.8B came from the license fee paid for by the public, and a surplus of £206M for the 2021-2022 period
Discussion: Variety and BBC
Ben Strauss / Washington Post:
A profile of ESPN's NFL “insider” Adam Schefter, who gets scoops, has 9.6M Twitter followers, and buys sources holiday gifts written off as a business expense  —  Even after a string of controversies, Schefter's star is only rising at ESPN.  No pictures, please.  —  Listen
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 More News: 
Peter White / Deadline:
HBO and HBO Max receive 140 Emmy nominations, while Netflix gets 105, Hulu 58, Apple TV+ 52, Disney+ 34, Amazon 30, and broadcast network TV a new low of 86
 Earlier Picks: 
Georg Szalai / Hollywood Reporter:
French TV group Newen Connect plans a push into English-language content and hires a former BBC Studios executive for its UK and North America sales operations
Discussion: Deadline and TBI Vision

From Techmeme:

Katharine Gemmell / Bloomberg:
The UK CMA says Microsoft's revised offer to acquire Activision, which includes selling some gaming rights to Ubisoft, appears to address its concerns

Sergiu Gatlan / BleepingComputer:
Apple releases emergency updates for iOS, iPadOS, macOS, and watchOS to patch three new zero-day vulnerabilities, for a total of 16 zero-days fixed in 2023

Jay Peters / The Verge:
X plans to deprecate Circles on October 31, 2023; users will not be able to create new posts nor add people to their Circle but will be able to remove people

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