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1:40 PM ET, July 12, 2022


 Top News: 
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.
Naman Ramachandran / Variety:
The BBC reports record income of £5.33B, of which £3.8B came from the license fee, and a surplus of £206M for the 2021-2022 period  —  The BBC has declared a record income of £5.33 billion ($6.4 billion) for the 2021/2022 period, up from £5.06 billion last year, and a surplus of £206 billion.
Discussion: Variety and BBC
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.
Discussion: Deadline, The Streamable and TechCrunch
Laura Hazard Owen / Nieman Lab:
Seven news outlets in Georgia, all led by POC and targeted at Black, Hispanic, or Asian-American audiences, receive a combined $2M from The Pivot Fund  —  “You can call these rural parts of the state news deserts.  But in these deserts are oases.”  —  Seven nonpartisan news outlets in Georgia …
Sara Fischer / Axios:
Disney and The Trade Desk announce an agreement to let brands target automated ads across Disney properties with 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 …
Sara Fischer / Axios:
The Information is launching a social network for subscribers, which will include user profiles, a directory, DMs, and a news-feed like page  —  The Information is rolling out a series of features designed to make it easier for its network of influential tech and business subscribers to connect …
Mark Sweney / The Guardian:
The Evening Standard, which relies on ads for 90% of its revenue, reports revenue of £28M in 2021, down 36% YoY, with a loss of £14M, down from £17M in 2020  —  Evgeny Lebedev's London freesheet reports £14m loss for last year as Covid continues to hit advertising
Discussion: Press Gazette
Bron Maher / Press Gazette:
Journalist groups criticize the UK's governing Conservative party for charging up to £1,250 to attend its October conference to “discourage over-accreditation”  —  Journalist groups and free speech organisations have criticised the introduction of fees for media attending the UK Conservative party conference.
Todd Spangler / Variety:
Bloomberg names Twitter's Nick Sallon to its newly created role of chief partnerships officer, where he will oversee licensing, audio and video expansion, more  —  After seven years at Twitter, Nick Sallon is leaving the nest to join Bloomberg Media as the company's first chief partnerships officer.
Discussion: @nicksallon and @arctictony
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 More News: 
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
Lucas Shaw / Bloomberg:
Sources: Warner Bros. Discovery is in talks with Amazon about returning HBO Max to Prime Video, if Amazon agrees to terms such as sharing viewer behavior data
Lauren Forristal / TechCrunch:
Pluto TV reorganizes its US channel lineup, adding four channels and categories Game Shows, Daytime TV, Home, Food, and Lifestyle & Culture, to draw in viewers
Discussion: @tvgrimreaper
 Earlier Picks: 
Sara Guaglione / Digiday:
BuzzFeed News resumes regular hiring after jobs cuts in early 2022; The Washington Post, Forbes, Bloomberg, Hearst, and others also resume or continue hiring
Mark Stenberg / Adweek:
The Atlantic digitizes its archive of over 1,900 print magazines, dating back to its 1857 founding, available on its website and subject to its standard paywall