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9:55 PM ET, August 7, 2022

Mediagazer

 Top News: 
Jack Queen / Reuters:
A jury says Alex Jones must pay two Sandy Hook parents $45.2M in punitive damages, on top of $4.1M in compensatory damages, for claiming the shooting was a hoax  —  U.S. conspiracy theorist Alex Jones must pay the parents of a 6-year-old boy killed in the 2012 Sandy Hook massacre $45.2 million …
RELATED:
Parker Molloy / The Present Age:
How mainstream outlets boosted right-wing commentators Alex Jones, Tomi Lahren, and others to the point of turning them into someone they truly can't ignore  —  When mainstream media outlets decide to interview right-wing trolls like Jones, they're paving the way for the fringe's future success.
Janet Miranda / Bloomberg:
Texas law caps punitive damages, meaning Alex Jones may get a reduced fine; his lawyers plan to seek a fine reduction that the plaintiffs' lawyers plan to fight
Kim Masters / The Hollywood Reporter:
Sources: DC Films President Walter Hamada was on the verge of leaving the studio after Batgirl's shelving, but agreed to stay on at least until October 21, 2022  —  The executive has agreed to remain in his post at least until the Oct. 21 release of the Dwayne Johnson film ‘Black Adam.’
RELATED:
Ryan Faughnder / Los Angeles Times:
Warner Bros. Discovery's stock closed down 16.53% on August 5, after its first combined financial report revealed disappointing revenue and streaming challenges  —  Shares of Warner Bros. Discovery sank Friday after the media and entertainment giant reported disappointing earnings …
Todd Spangler / Variety:
On its Q2 2022 earnings call, Warner Bros. Discovery announced plans to launch a combined HBO Max and Discovery+ streaming service in the US in summer 2023
Alex Weprin / The Hollywood Reporter:
Warner Bros. Discovery reports Q2 revenue of $9.8B, vs. $11.9B est., a $3.4B net loss, and 92.1M subscribers, counting HBO Max and Discovery+
Cecilia D'Anastasio / Bloomberg:
Online crypto casinos like Stake are luring gamers, in some cases to the point of bankruptcy, by using celebrity endorsements and sponsored streams on Twitch  —  Enneric Chabot, 26, didn't start gambling until he saw his favorite gamers doing it online.  —  Three years ago …
Wall Street Journal:
Major US media players including Gannett, WBD, NYT, and Paramount have noted an advertising slowdown in Q2 as well as ad headwinds in Q3 guidance  —  Warner Bros. Discovery, New York Times and Paramount Global warn of pressure on ad revenue  —  U.S. television networks and news publishers …
Discussion: @blackamazon
Geoff Edgers / Washington Post:
How a record store owner exposed MoFi Records' use of digital files, after it claimed for years its pricey vinyl album reissues were purely analog reproductions  —  MoFi Records claimed its expensive reissues were purely analog reproductions.  It had been deceiving its customer base for years.
Kathryn Foxhall / Columbia Journalism Review:
Reporters' ability to talk with US federal agency staff without public information officer approval has been gradually cut off, and the media should fight back  —  In 1981, Cristine Russell, then a health reporter at the Washington Post, asked to interview C. Everett Koop, who was nominated to be surgeon general of the United States.
Rowan Philp / Global Investigative Journalism Network:
Pulitzer-winning Associated Press reporter Martha Mendoza and eight more investigative reporters discuss their mistakes and what journalists can learn from them  —  If there is one type of lesson that journalists never forget, it is the kind that follows a strategic reporting mistake that stalls an otherwise promising investigation.
Billboard:
Todd Boehly's Eldridge Industries and MRC complete split of shared media assets; Eldridge retains Dick Clark Productions and Hollywood publication investments  —  The companies said that a transition structure will be put in place over the next several months in order to ensure a smooth separation.
Jon Brodkin / Ars Technica:
Charter and Bright House settle lawsuits by major record labels that accused the ISPs of failing to close accounts that illegally downloaded copyrighted songs  —  Confidential settlements could lead to more terminations of Internet subscribers.  —  Charter Communications has agreed …
Discussion: TorrentFreak
 
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 More News: 
Chris Roush / Talking Biz News:
Consumer Reports Vice President and Content Officer Gwendolyn Bounds is leaving after eight years to become executive director and head of content at SmartNews
Aisha Malik / TechCrunch:
Clubhouse starts beta testing private communities called Houses, which can be created by a person or group looking for a more intimate alternative to Clubs
Alex Ritman / The Hollywood Reporter:
Source: Disney will not release Pixar's Lightyear nor the Baymax series on Disney+ in the Middle East due to LGBTQ content
Discussion: The A.V. Club and SlashFilm
 Earlier Picks: 
Michelle Price / Reuters:
Visa and Mastercard end ties with the ad arm of Pornhub owner MindGeek, after a court ruled Visa must face a lawsuit alleging it is liable for CSAM distribution
Hunter Cooke / Sports Business Journal:
A look at the issues facing esports outlets, which should optimize their ad stack, broaden their content focus, prioritize SEO, and not rely on subscriptions