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1:10 PM ET, July 13, 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.
Casey Newton / Platformer:
A critique of Ev Williams' 10-year tenure at Medium and how it got caught in the middle between Substack and well-funded publishers like BuzzFeed and Vice  —  How Medium got stuck in the middle.  PLUS: Twitter sues Musk  —  Few tech CEOs can claim to have steered the course of online conversation more than Ev Williams.
Joe Flint / Wall Street Journal:
Sources: Netflix is in talks to amend contracts with studios to let it put content on the ad-supported tier; some estimate studios will seek premiums of 15-30%  —  Streaming giant wants to amend deals, has begun talks with studios such as Warner, Universal and Sony
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 “liberal” US news outlets have embraced, employed, and laundered conservative propaganda 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 …
Jon Schleuss / The NewsGuild:
The Wired union reaches an agreement on a first contract with Condé Nast after planning to strike on Amazon Prime Days, will vote to ratify it in coming weeks  —  The WIRED union, a unit of The NewsGuild of New York, which represents more than 55 workers at the technology magazine …
Laura Hazard Owen / Nieman Lab:
Financial Times:
UK's competition authority opens an investigation into whether BT, IMG Media, ITV, and Sky are fixing the rate offered to sports broadcast freelancers  —  Competition watchdog to investigate whether companies fixed pay for freelance workers  —  The UK competition regulator has opened …
Sara Fischer / Axios:
The Cool Down, a media outlet focused on climate change with plans for an e-commerce marketplace in 2023, raises $5.7M in funding led by Upfront Ventures  —  A group of media veterans is launching a new digital media and commerce company called The Cool Down with $5.7 million in a funding round led by Upfront Ventures.
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.
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
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 More News: 
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
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
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
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
 Earlier Picks: 
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