Top News:


Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …


NBCU reports Q2 revenue of $9.4B, up 18.7% YoY, and adjusted EBITDA of $1.9B, up 19.5% YoY; Peacock had a $467M loss and subscribers stayed flat from Q1 at 13M — - Comcast's broadband subscribers were flat at 32.2 million for the quarter. The company said it lost 30,000 this month alone.
Discussion:
Adweek, The Streamable, TechCrunch, Variety, The Wrap, @sherman4949, Deadline, Front Office Sports, Comcast Corporation, Variety, TechRadar, UPI, The Verge, Wall Street Journal and The Hollywood Reporter


Warner Bros. Discovery hires Alan Horn as a consultant; he left Disney in 2021 after serving as chief creative officer and co-chairman of Walt Disney Studios — Disney's former chief creative officer Alan Horn is joining Warner Bros. Discovery. — Horn, who retired from Disney in 2021 …
Discussion:
The Wrap, @richlightshed and @loudmouthjulia


Google delays phasing out third-party cookies in Chrome to H2 2024, after deferring the plan from 2022 to 2023, citing the need for more Privacy Sandbox tests — Google was originally planning to get rid of third-party cookies in its browser by 2022, but that was later pushed back to 2023.
Discussion:
Insider, The Keyword, Digiday, TechRadar, @campuscodi, The Register, @simonjharris, @johnwilander, @larakiara, Mumbrella, @aexm, @martinsfp, MediaPost, AdExchanger, The Verge, The Drum and StreetInsider.com


Snap launches a Sounds Creator Fund, awarding up to $100K/month to artists using DistroKid to distribute songs on Snapchat, or $5K per song, starting in August — Snap is launching a new Sounds Creator Fund to financially support independent artists who are distributing music on Snapchat via DistroKid.
Discussion:
Variety, Snap Newsroom, Music Business Worldwide and Hypebot


Interview with Medium's VP of Content, who says it is focused on highlighting experts and needs to figure out how to provide users with predictable growth — In our final episode of the season, we hear from Medium's VP of Content Scott Lamb. Scott leads the content and creator relations teams …
Discussion:
@tvgrimreaper and What's New in Publishing


How Florida Power & Light bankrolled the Capitolist, which portrayed itself as a feisty independent outlet, to lobby on FPL's behalf — When Florida Power & Light faced a spate of bad publicity and political blowback, a small but ambitious news website called the Capitolist sprang to the public utility's defense.
Discussion:
@bgrueskin, Occupy Democrats, Gizmodo, Poynter and The Guardian


A writer details how a podcast plagiarized his work, a widespread problem as demand for podcasts balloons while original reporting demands a lot of work — A podcast I'd never heard of before stole my work. I'm not alone. — A year ago, after half a decade of original research and reporting …


Meta reports its first-ever YoY quarterly revenue decline and issues a lowered Q3 forecast, citing a weak ad demand environment and macroeconomic uncertainty — Social-media giant missed Wall Street's sales expectation but added users—defying analysts' projections — The Tech Sector Is Taking a Beating.
Discussion:
New York Times, Variety, BIG by Matt Stoller, Axios, @arpitrage, @levynews, @ryanbarwick, Transistori, Fortune, CNBC, New York Times, CNBC, Forbes and Protocol, more at Techmeme »


ITV reports H1 2022 revenue rose 8% YoY to £1.67B, driven by ITV Studios, up 16% YoY to £927M; total ad revenue rose 5% YoY and digital ad revenue rose 20% YoY — U.K. broadcaster ITV's total external revenues are up 8% at £1.67 billion ($2.04 billion), according to half year financial results released on Thursday.
Discussion:
Deadline, Variety, Deadline and The Hollywood Reporter


Filing: Spotify bought Findaway for €117M, Sonantic for €91M, and Chartable and Podsights for €83M, with a possible extra payment of €21M — Spotify has quietly announced how much it's paying for four of its recent acquisitions, revealing that it's doling out a combined €291 million …


TikTok plans to give select researchers “public and anonymized data” from its platform and moderation system to “assess content and trends or conducts tests” — The move comes hours after a report reveals TikTok's efforts to distance itself from China