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2:50 PM ET, July 23, 2022

Mediagazer

 Top News: 
Joe Otterson / Variety:
WWE CEO and Chairman Vince McMahon says he is retiring, amid allegations that he paid four women $12M+ to keep quiet about his alleged affairs and misconduct  —  Vince McMahon is retiring from WWE.  —  “As I approach 77 years old, I feel it's time for me to retire as Chairman and CEO of WWE …
Sonia Rao / Washington Post:
Nielsen: ~17.7M people watched Thursday's second prime-time hearing of the January 6 investigation across 10 networks; MSNBC led with an average of 4.7M viewers  —  Listen  —  Gift Article  —  Nearly 17.7 million television viewers tuned in Thursday to the second prime-time hearing …
RELATED:
James Poniewozik / New York Times:
A critic's review of the January 6 hearings, which used teaser video clips, previews, recaps, and diagrams to turn a congressional inquest into compelling TV  —  Investigating a threat to democracy was always going to be important.  But this time, it also managed to be buzzworthy.
Annie Palmer / CNBC:
Twitter reports Q2 revenue down 1% YoY to $1.18B, vs. 1.32B est., a $270M net loss, down from $66M in net income a year ago, and 237.8M mDAUs, up 16.6% YoY  —  - Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth.
RELATED:
Jacob Kastrenakes / The Verge:
Twitter says Q2 ad revenue grew 2% YoY to $1.08B and blames its revenue slide on uncertainty around Elon Musk's “pending acquisition” and ad industry problems  —  Musk is creating ‘uncertainty’ for advertisers  —  Twitter would have earned more money over the past few months if Elon Musk hadn't been in the picture.
Parker Molloy / The Present Age:
The New Yorker's Isaac Chotiner provides the blueprint for covering claims of “cancel culture” by inserting in-line fact checks in his Q&A with Alan Dershowitz  —  If such coverage must exist, it's time to go beyond the single-source story newspapers seem to have adopted …
Erin Taylor / Observer:
MEL Magazine lays off all its staff again; MEL closed in March 2021 after Dollar Shave Club pulled support, and Recurrent Ventures relaunched it in August 2021  —  Mel Magazine lays off its entire staff, bringing into question the future of the publication yet again.  —  MEL Magazine is folding, again.
Ryan Parker / The Hollywood Reporter:
Disney+ adds its first R-rated movies with Deadpool and Logan, prompting users to update their parental controls; TV-MA rated TV shows were added in March 2022  —  The news comes after Disney announced in March that Daredevil, the Charlie Cox-led Marvel series, would land on the streamer after leaving its original Netflix home.
Esther Kezia Thorpe / Digital Content Next:
Discussion: @dcnorg, Thanks:@estherkeziat
Aaron Couch / The Hollywood Reporter:
A look at Marvel's Special Character Agreement that creators of its comic book characters sign, giving the company broad discretion to dramatically cut payments  —  Writers and artists who create characters that power the Marvel Cinematic Universe say the company offers a labyrinthine compensation system that underpays them.
 
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 More News: 
Sara Fischer / Axios:
Sources: CNN CEO Chris Licht met with Nancy Pelosi, Mitch McConnell, and a few other senior congressional leaders to strengthen CNN's ties with key lawmakers
Justin Baragona / The Daily Beast:
Verizon Fios, the largest pay TV service still carrying far-right channel OANN, will drop it on July 31, 2022, after a “business-as-usual carriage negotiation”
 Earlier Picks: 
Bron Maher / Press Gazette:
NewsGuard downgrades MSNBC from green, or trustworthy, to red in its credibility rankings for news outlets, along with its earlier downgrade of Fox News
Dave Jamieson / HuffPost:
The Atlantic's tech and business workers tell management they plan to form a union with ~130 people in jobs like data analysis, software engineering, and sales
Jon Porter / The Verge:
Facebook splits the Feed on iOS and Android into Home, a TikTok-style tab with recommended content, and Feeds, a chronological tab of followed pages and people
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Ryan Browne / CNBC:
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

 
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