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5:10 PM ET, July 24, 2022

Mediagazer

 Top News: 
James Poniewozik / New York Times:
The January 6 hearings succeeded not just through good intentions but with teasers, previews, recaps, and diagrams to turn a congressional inquest into great TV  —  Investigating a threat to democracy was always going to be important.  But this time, it also managed to be buzzworthy.
RELATED:
Sonia Rao / Washington Post:
Nielsen: nearly 17.7M people watched the second primetime 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 …
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 …
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.
Discussion: Variety, Ad Age and @jeffjarvis
Andy Maxwell / TorrentFreak:
Epidemic Sound, which offers music tracks to creators, sues Meta, alleging approximately 94% of content using Epidemic's music on Meta's platforms is unlicensed  —  Faced with the prospect of copyright strikes, Content ID claims and potential account loss, thousands of YouTubers, TikTok users …
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.
Tom Bassam / SportsPro:
Stockholm-based streaming service Viaplay acquires Premier Sports, which livestreams games in the UK, in a £30M deal, ahead of Viaplay's UK rollout in the fall  —  Nordic media giant Viaplay Group has made a bold move in its UK expansion plans by acquiring Premier Sports in a deal …
Georg Szalai / The Hollywood Reporter:
The UK's CMA approves the joint venture between BT Group and Warner Bros. Discovery; BT Sport and Eurosport UK “will initially retain their separate brands”  —  “Both BT Sport and Eurosport UK will initially retain their separate brands and product propositions in the market …
Ryan Parker / The Hollywood Reporter:
Disney+ adds its first R-rated movies with Deadpool and Logan, prompting users to update their parental controls, after adding TV-MA rated shows 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.
 
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 More News: 
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
 Earlier Picks: 
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”
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
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:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

Raffaele Huang / Wall Street Journal:
Apple removes WhatsApp and Threads from its App Store in China, saying it was ordered to do so by China's cyberspace officials citing national security concerns

Ryan Morrison / Tom's Guide:
Microsoft researchers introduce VASA-1, an AI model that creates a realistic talking face video from a portrait photo and an audio file, in research preview
 
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