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3:00 PM ET, August 5, 2022

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 Top News: 
RELATED:
Alex Weprin / The Hollywood Reporter:
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  —  HBO Max and Discovery+ will launch in the U.S. as a single service in the summer of 2023, JB Perrette, CEO and president …
Brian Steinberg / Variety:
AMC Networks names former ViacomCBS CFO Christina Spade as CEO starting September 9 and says it has 10.8M paying subscribers in Q2, up from 9.5M in Q1  —  Christina Spade, a veteran media executive who was previously chief financial officer of the former ViacomCBS, has been named …
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
Rick Edmonds / Poynter:
RELATED:
USA Today:
Gannett reports Q2 revenue down 6.9% YoY to $748.7M, a $53.7M net loss, revises guidance down, and plans real-estate sales and cost cutting
Oliver Darcy / CNN:
A jury finds that Alex Jones should pay $4M+ in compensatory damages to two Sandy Hook parents; a separate trial is expected to settle punitive damages  —  New York (CNN Business)Right-wing talk show host Alex Jones will have to pay the parents of a Sandy Hook shooting victim a little …
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  —  Clubhouse, the social audio app that rose in popularity amid the pandemic, is looking to shake up its platform with the launch of private communities called “Houses.”
Alex Ritman / The Hollywood Reporter:
Source: Disney will not release Pixar's Lightyear or the Baymax series on Disney+ in the Middle East due to LGBTQ content  —  While the platform in the region won't show kid-focused content with LGBTQ references, it will include films such as 'Doctor Strange and the Multitude of Madness …
Discussion: SlashFilm and Looper
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  —  Early in July, most of the staff at Inven Global, a highly regarded online publication that specialized in reporting esports news from SK for the West, were laid off.
fuboTV:
FuboTV reports Q2 revenue up 65% YoY to $216.1M, a $116.3M net loss compared to $94.9M YoY, and paid subscribers up 41% YoY to 946,735  —  NEW YORK—(BUSINESS WIRE)— FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the second quarter ended June 30, 2022.
Tarpley Hitt / Gawker:
Seven sources close to The New Yorker say Erin Overbey's public version of events leading up to her firing excludes critical context about her job performance  —  Two weeks ago, The New Yorker fired its archivist, Erin Overbey, after the longstanding staffer wrote an extensive thread blasting the magazine and top editor David Remnick.
 
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 More News: 
Chris Roush / Talking Biz News:
Gwendolyn Bounds, vice president and chief content officer at Consumer Reports, is leaving to become executive director and head of content at SmartNews
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
 Earlier Picks: 
Ron French / Bridge Michigan:
A Michigan town votes to defund its library because its employees declined to remove LGBTQ-themed books; the library will likely run out of money in late 2023
Jacob Liedke / Pew Research Center:
Survey: 16% of US journalists are in a union and 41% say they would join if one were available; 57% of those aged 18-29 would join vs. 33% of those aged 50-64
The Wrap:
Paramount reports Q2 revenue rose 19% YoY to $7.7B, while operating income fell 33% YoY to $819M, and says Pluto TV has nearly 70M MAUs