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6:20 PM ET, August 18, 2022

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 Top News: 
David Folkenflik / NPR:
CNN is canceling the weekly media show Reliable Sources, and host Brian Stelter is leaving the network; Reliable Sources' final episode will air on August 21  —  CNN is canceling its Sunday media affairs show Reliable Sources, and host Brian Stelter is departing the network, Stelter tells NPR.
Todd Spangler / Variety:
Nielsen: in July, for the first time, streaming had the largest share of US TV viewing at 34.8%; cable and broadcast had 34.4% and 21.6%, respectively  —  Americans now watch more stuff on TV from streaming services than either broadcast or cable TV.  —  Streaming platforms, led by Netflix …
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Alex Barker / Financial Times:
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV
Michael Smith / Sports Business Journal:
The Big Ten Conference finalizes media rights contracts with CBS, Fox, and NBC totaling $8B+ over seven years, almost 3x more than the previous contract  —  The Big Ten has finalized media rights contracts with CBS, Fox and NBC that will total more than $8 billion over seven years …
Jess Weatherbed / The Verge:
Google plans to prioritize “content made specifically by and for people” in Search in English globally, covering shopping, arts and entertainment, and more  —  The first update starts rolling out on Monday  —  Google is making a series of updates to Search that aim to tackle clickbait …
Wilson Chapman / Variety:
HBO plans to remove ~36 titles from its service as early as this week, citing the pending Discovery+ merger; the move will likely help cut costs and residuals  —  HBO Max will remove almost 36 titles from its service as early as this week, Variety has confirmed.
Molly Taft / Gizmodo:
A look at Chevron-sponsored Permian Proud, a new site in a Texas news desert that offers local event info, feel-good stories, and positive “news” about Chevron  —  At first glance, the story looks like something your aunt might post on her Facebook from her local newspaper.
Thomas Seal / Bloomberg:
GB News co-founders Andrew Cole and Mark Schneider and Warner Bros. Discovery will sell their stakes in GB News as part of a £60M fundraising round  —  Warner Bros. Discovery Inc. will sell its stake in British television startup GB News as part of a £60 million fundraising round.
Dade Hayes / Deadline:
Sinclair will roll out its direct-to-consumer streaming service Bally Sports+ on September 26, on iOS, Android, Android TV, tvOS, and at BallySports.com  —  Capping a challenging multi-year development process, Sinclair Broadcast Group's regional sports unit has set September 26 …
Esther Kezia Thorpe / Media Voices:
A look at the growth of print subscriptions for news-focused magazines with little advertising in the UK, including The Economist, The Spectator, and The Week  —  The stereotypical print magazine is jam-packed with advertising.  September issues of fashion magazines in particular used …
 
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 More News: 
James Hercher / AdExchanger:
Walmart reports Q2 ad revenue grew 30% YoY, likely in the $500M-$700M range since its ad business made $2.1B in revenue in 2021
J. Clara Chan / The Hollywood Reporter:
Apple Podcasts adds charts for the top 100 most-subscribed shows and channels available on the service but will not release specific subscriber numbers
Mark Gurman / Bloomberg:
Netflix iOS app code suggests the ad-supported tier, arriving in early 2023, won't let users download shows for offline viewing or skip ads
 Earlier Picks: 
Amina Niasse / Bloomberg:
iSpot.tv: spending on TV ads by crypto companies fell from an $85M peak in February 2022 to $3M in June and $36K in July, the lowest level since January 2021
Alex Barinka / Bloomberg:
As part of its ban on political ads, TikTok will remove paid political posts by influencers; election-related posts will be reviewed and could be throttled
Scott Roxborough / The Hollywood Reporter:
German media giant RTL Group launches RTL+ Musik to stream video, including movies, TV, and news, and audio, including music, podcasts, and radio channels