Top News:
BBC:
A Russian court convicts Evan Gershkovich of espionage and sentences him to 16 years in prison; Wall Street Journal calls the trial a “sham” — US journalist Evan Gershkovich has been sentenced by a Russian court to 16 years in prison on espionage charges, after a secretive trial decried as a “sham” by his employer.
Discussion:
Wall Street Journal, Washington Post, Voice of America, Reuters, New York Times, @jaketapper, Bloomberg, @potus@threads.net, Brian Tierney on LinkedIn, @senatorwarner@threads.net, TVNewsCheck, @kimzetter, Mediaite, @jrezaian, The Desk, The US Sun, Politico, @jtoonkel, Axios, Alistair MacDonald on LinkedIn, Nora Eckert on LinkedIn, @brettbruen, Lynn Cook on LinkedIn, The Wrap, Newser, Raw Story, @maxseddon, @davidfolkenflik, Breitbart, Associated Press, Semafor, @bbcstever, Courthouse News Service, freebeacon.com, NPR, @sylkegruhnwald@infosec …, Lucy Knight on LinkedIn, SWAMY WORLD, CBS News, Business Insider, Al Jazeera, Euractiv, The Guardian, CNN, New York Times, Washington Examiner, Reuters, Committee to Protect …, The White House, Radio Free Europe/Radio …, Talking Biz News, Fox News, The Daily Beast, SPJ News and News/Media Alliance
Alexandra Canal / Yahoo Finance:
Netflix said India brought in the second-highest net subscriber additions in Q2 and was the third highest-country in revenue growth — Netflix (NFLX) is all in on a country that's been historically difficult for its competitors: India. — The country brought in the second-highest net subscriber additions …
Discussion:
Seeking Alpha and The Information
RELATED:
Reuters:
Netflix added 8.05M subscribers in Q2, vs. 5M est., as it benefited from its crackdown on password sharing and popular titles like Bridgerton and Baby Reindeer
Lillian Rizzo / CNBC:
Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B
Discussion:
The Hollywood Reporter, The Verge, WORLD SCREEN, Tubefilter, Observer, MediaPost, StreamTV Insider, RTÉ, The Media Leader, AdExchanger, Financial Times, Advanced Television, Netflix, The Information, Lillian Rizzo on LinkedIn, Fortune, Deadline, IGN, The Wrap, Quartz, Next TV, New York Times, @ainemacdermot.bsky.social, Ad Age, Variety and The Wrap
Caitlin Huston / The Hollywood Reporter:
Peter Naylor, Netflix's VP of ad sales since August 2022, is leaving, and the company plans to hire a head of US and Canada ad sales to replace his global role
Discussion:
Ad Age, Variety, @pkafka, @pkafka, @pkafka, TVNewsCheck, The Information, Adweek and Deadline
Rick Porter / The Hollywood Reporter:
Nielsen: the Republican National Convention's final night averaged 25.38M US viewers over 14 outlets, up 7% from 2020; people 55+ were about 72% of the audience — Thursday's multi-network coverage beats the final night from four years ago, but the four-day average is lower.
Discussion:
TVLine, The Hill, Axios, New York Post, New York Times, Variety, The Wrap, @brianstelter, @brianstelter, Associated Press, Los Angeles Times, Bloomberg, Deadline, Nielsen, @tvmojoe, Variety, Columbia Journalism Review, Forbes, @tvmojoe, Mediaite and @tvmojoe
Connor Mycroft / South China Morning Post:
Media orgs, WSJ union, and a congressional panel express support for Selina Cheng, who says WSJ fired her for assuming Hong Kong Journalists Association's chair — - Asia Chapter of the Asian American Journalists Association latest to support reporter who says newspaper fired her over press freedom role
Discussion:
@ceccgov, @connor_mycroft, Hong Kong Free Press HKFP, journalism.columbia.edu, ABC, @connor_mycroft, China Media Project, Hong Kong Free Press HKFP, @connor_mycroft, @connor_mycroft, @wongmjane@threads.net, SPJ News, Talking Biz News, CNN, Washington Post, Semafor, Voice of America, National Union of Journalists … and Al Jazeera
Patrick Smith / NBC News:
CrowdStrike reports widespread “BSODs on Windows hosts”, impacting thousands of PCs and disrupting TV broadcasters, including Sky News and NBC News — Major carriers, including American Airlines, Delta Air Lines and United Airlines, all issued ground stops Friday morning citing communications issues.
Discussion:
@george_kurtz, The Guardian, ABC News, NPR, New York Times, @davidgrayrhodes, WWMT-TV, New York Post, The Sun, Associated Press, SWAMY WORLD, @troyhunt, Ars Technica, TechCrunch, Quartz, Vox, The US Sun, Al Jazeera, Washington Examiner, Courthouse News Service, Gizmodo, Mashable, al.com, ABC13, MediaPost, ABC7, Hong Kong Free Press HKFP, @vxunderground, NBC Bay Area, @tomwarren, @tomwarren, @troyhunt, @skysportsnews, @aidanfitzryan, Mercury News, MIT Technology Review, @matthewkeyslive, The Record, @netcapgirl, @trungtphan, Fast Company, Los Angeles Times, CNBC, 9to5Mac, Politico, The Daily Beast, Broadband TV News, Variety, CBS News, The Verge, Reuters, Digital Trends, Deadline, HuffPost and Washington Post, more at Techmeme »
Hurubie Meko / New York Times:
A Manhattan judge sets a tentative date for Harvey Weinstein's retrial for November 12, 2024, after Weinstein's 2020 rape conviction was overturned in April — Manhattan prosecutors are proceeding with new charges against the disgraced movie mogul after his previous conviction was overturned.
Discussion:
The Independent, ABC News, BBC, Associated Press, Breitbart, Deadline, Washington Examiner, Reuters, Al Jazeera, The Hollywood Reporter, New York Post, The Wrap, ABC7, The US Sun and Fox News
Todd Spangler / Variety:
Disney announces that Safra Catz, CEO of Oracle, is departing its board of directors after six years — Disney announced that Safra Catz, CEO of Oracle, is departing its board of directors after six years. — Disney and Catz did not provide an explanation for why she stepped down from the Mouse House's board.
Kevin Roose / New York Times:
A study of 14K domains used in the C4, RefinedWeb, and Dolma datasets finds a dramatic drop in content available to train AI models as publishers tighten access — New research from the Data Provenance Initiative has found a dramatic drop in content made available to the collections used to build artificial intelligence.
Ashley Carman / Bloomberg:
Podcasts seem to be recovering: Audacy's podcast business is profitable, iHeartMedia's and Acast's Q1 podcast revenue grew 18% YoY and 25% YoY, respectively — The dark days of financial and legal woes appear to be ending as the industry sees signs of revival — Hello, hello, and welcome back to Soundbite.
Discussion:
Molly DeMellier on LinkedIn, @ashleyrcarman, The Information and The Podcast Host
Alexa Corse / Wall Street Journal:
X's Grok AI model struggles to generate accurate headlines and news summaries, especially for breaking news, elevating jokes and rumors into some X news items — Grok posted incorrect information, amplified unverified claims and failed to identify sarcasm as details of Trump shooting unfolded
Discussion:
@alexacorse, @alexacorse, @rachaelmyrow, Wired, Forbes and The Wrap
Chris Roush / Talking Biz News:
Fortune names Jim Edwards as its global news director to create “24/7 coverage across Europe, US, and Asia”; Edwards was Business Insider UK's founding editor — Fortune has hired longtime business journalist Jim Edwards to be is global news director. — He will start on Monday.
Discussion:
@ajs
Cecilia D'Anastasio / Bloomberg:
Amazon's Twitch reinstates Donald Trump's account three years after he was banned, as “there is value in hearing from presidential nominees directly” — Gaming site says it allowed the candidate back after his presidential nomination. — LEARN MORE
Discussion:
Engadget, Dexerto, The Verge and TechCrunch, more at Techmeme »
Charlotte Tobitt / Press Gazette:
In an interview, Metro executives say the free newspaper is now profitable in both print and digital, after it underwent a major restructuring in March 2023 — Metro is growing commercially even as free London rival Evening Standard forced to reduce print output.
Discussion:
Sofia Victoria Delgado on LinkedIn, Emily Shackleton on LinkedIn and Media Voices
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