Mediagazer: Apple reports Q3 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 8.2% YoY to a record $21.2B, driven by 1B+ paid subscriptions (Todd Spangler/Variety)

8:40 PM ET, August 3, 2023

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Jennifer Maas / Variety:

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Jim Waterson / The Guardian:

MailOnline suspends Dan Wootton from writing his twice-weekly column; he continues to present a nightly primetime show on GB News — Journalist denies claims he used pseudonym to secretly offer colleagues tens of thousands of pounds for sexual material — Dan Wootton has been suspended …

Discussion: @jimwaterson.bsky.social

Annie Palmer / CNBC:

Amazon Q2: ad revenue up 22% YoY to $10.68B, vs. $10.4B est., subscription revenue up 14% YoY to $9.89B, and North America segment sales up 11% YoY to $82.5B — - Amazon beat on the top and bottom lines for the second quarter. — Amazon said second-quarter revenue climbed 11% …

Discussion: Variety, NBC 7 San Diego, CNN, @digitalshields, Deadline, About Amazon, @epro.social and Cord Cutters News, more at Techmeme »

Todd Spangler / Variety:

Apple reports Q3 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 8.2% YoY to a record $21.2B, driven by 1B+ paid subscriptions — Apple delivered solid financial results for the June 2023 quarter that beat Wall Street estimates, even as top-line revenue dipped 1.4% on lower-than-expected iPhone sales.

Discussion: Forbes, The Verge, Apple, The Wrap, TechCrunch, Deadline, CNBC, Daring Fireball, Quartz, MacRumors, @lexnfx, Apple Inc., Wall Street Journal, @patrickmcgee_, The Hollywood Reporter, @patrickmcgee_ and 9to5Mac, more at Techmeme »

Angela Fu / Poynter:

Gannett reports a Q2 net loss of $12.7M, vs. $54M loss in Q2 2022, adjusts full-year revenue estimates to between $10M loss and $20M profit; stock is up 13%+ — Both Gannett and Lee Enterprises reported digital growth in the most recent quarter as total revenue fell.

Discussion: Reuters, @gannett, MediaPost, Gannett Inc., @bymikedavis and nyguild.org

Martyn Ziegler / The Times:

A look at Premier League soccer's fight against piracy as illegal live streams in the UK decline, with 600K+ blocked last season, and use of IPTV devices rises — With broadcasters losing billions of pounds a year to tech-savvy criminal networks, new weapons are needed in the war against an “industry killer”

Discussion: @martynziegler

Shirley Zhao / Bloomberg:

A look at Hong Kong-based streaming service Viu's plans for expansion in Asia and its current and potential future collaborations with Canal+ — - Recent deal with Canal+ set to bolster presence across region — Major streaming platform targets more local language content

Paul Farhi / Washington Post:

A look at the fate of the bankrupt Santa Barbara News-Press under owner Wendy McCaw, who turned the paper into a forum for her politics and private crusades — Wendy McCaw, the owner of the Santa Barbara News-Press, ceased its publication in July after years of controversy

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Shubham Kalia / Reuters:

Agence France-Presse sues X in Paris for refusing to discuss potential content distribution payments under a 2019 law; Elon Musk calls the lawsuit “bizarre” — said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter …

Discussion: Insider, Al Jazeera, Agence France-Presse, UPI, @elonmusk, Newser, Plagiarism Today, Washington Post, @xdaily, @afpcom, @carnage4life@mas.to, Engadget, Associated Press, Quartz, TechCrunch, Forbes and @elonmusk, more at Techmeme »

Amanda Silberling / TechCrunch:

Triller files for a NYSE IPO after scrapping a $5B SPAC merger in 2021 and a direct listing in 2022; Triller had $47.7M in revenue and a $195.6M loss in 2022 — Triller has long teased its ambitions to go public, and now, the short form video platform seems to on its way to an IPO.

Discussion: Billboard, Billboard, Music Ally and Digital Music News, more at Techmeme »

Mia Sato / The Verge:

Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some banks flagged subscriber payments as fraudulent — Two simultaneous issues with payments on Patreon are causing problems for both creators and fans.

Discussion: Engadget, CoinDesk, @susnebraska, @patreonstatus, @jasonkpargin, @tom_nicholas, @aurahack, @hakeism, @patreonstatus, @jasonkpargin, @patreonstatus, @verge-poster.bsky.social, @jasonkpargin, @bimbotoad, @patreonstatus and @lillhappycloud, more at Techmeme »

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