Top News:
Connor Stringer / Telegraph:
Court docs: Trump drops part of his BBC lawsuit, dismissing claims against its commercial and production arms but continuing the lawsuit against the broadcaster — President dismisses claims against broadcaster's commercial and production arms — Donald Trump has dropped part of his lawsuit against the BBC.
Discussion:
The Wrap and Seoul Economic Daily
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Lillian Rizzo / CNBC:
Netflix reports Q2 revenue up 13% YoY to $12.56B, vs. $12.59B est., and says it will give fewer engagement updates starting in 2027; NFLX drops 7%+ after hours — Netflix reported second-quarter revenue and earnings that were in line with analyst estimates on Thursday as Wall Street is keeping …
Discussion:
Forbes, Business Insider, AdNews News, Reuters, Financial Times, Wall Street Journal, Variety, Adweek, The Wrap, Radio & Television …, The Hollywood Reporter, Lillian Rizzo on LinkedIn, Los Angeles Times, Thurrott, The Hollywood Reporter, Investor's Business Daily, Benzinga, Livemint, @lucas_shaw, Quartz, Proactiveinvestors UK, Investing.com, Media Play News, Next in Media, @lucas_shaw, Sweden Herald, Yahoo Finance, Cord Cutters News, Blockonomi, Netflix, Proactive, Bloomberg, The Economist, Deadline, MarketWatch and Motley Fool, more at Techmeme »
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Emma Roth / The Verge:
Netflix says roughly 300 titles used generative AI this year, mostly in post-production, “to deliver higher quality output more quickly and at a lower cost” — Some titles used AI to create ‘enhanced crowds, historical battle sequences, and worldbuilding establishing shots.’
Discussion:
Netflix Press Site, IndieWire, Variety, MobileSyrup, @kennysmith.org, Kotaku, @techwire@social.gamefan.net and Bloomberg, more at Techmeme »
Borys Kit / The Hollywood Reporter:
Marvel Comics is moving from NYC to Burbank, CA, asks 100+ employees to relocate by July 2027, and names Stephen Wacker editor-in-chief, replacing C.B. Cebulski — The Disney-owned publisher is also getting a new editor in chief as 100 employees are being asked to relocate to Burbank by next July.
Discussion:
Forbes, Marvel, Cosmic Book News, Gizmodo, New York Post, The A.V. Club, @alejandrobot.com, The Wrap, @matthollingsworth.com, Polygon.com, @tomblargh.bsky.social, Graphic Policy, @zackquaintance.bsky.social, @benzilla.bsky.social, @davidaja.com, @scottedelman.bsky.social, Comic Book, @nerdsherpa.bsky.social, @jsphctrl.ft.com, @blumjordan.bsky.social, @ethansacks.bsky.social, @droog811.bsky.social and IGN
Brian Steinberg / Variety:
Oliver Darcy's Status media newsletter is moving into live events with the Status Summit, planned for September 9 to discuss the forces shaping media — The status of “Status” is multimedia. — The buzzy media-industry newsletter that journalist and entrepreneur Oliver Darcy founded in 2024, is moving into live events.
Sara Fischer / Axios:
Trump Media plans to launch the Truth API on August 1, providing real-time data from trending Truth Social accounts to news organizations and trading firms — Trump Media & Technology Group is launching a backend interface that will allow financial services companies to access real …
Discussion:
Wall Street Journal, Reuters, Associated Press, The Hill, BBC, The American Bazaar, New Republic, Washington Examiner, crypto.news, Financial Times, CNN, Truthout, Barron's Online, Fast Company, CBS News, Bloomberg, @annmlipton@esq.social, NewsMax.com, @jakelahut.bsky.social, CoinGape, @annmlipton@esq.social, @brian-noble.bsky.social, CNBC, @peterschiff, @wittywebhandle.bsky.social, @annmlipton@esq.social, Wccftech, @andrewcurran_, @rory_johnston, Dow Jones Newswires and NOTUS, more at Techmeme »
Gene Maddaus / Variety:
In a filing disputing state AGs' request for a temporary restraining order, Paramount argued its merger with WBD would increase theatrical motion picture output — Paramount Skydance began to lay out its legal argument Thursday against an antitrust lawsuit brought by a dozen states …
Discussion:
The Wrap, Deadline, Bloomberg, Cosmic Book News, @laurenmeidasa.bsky.social, eMarketer and CNN
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Todd Spangler / Variety:
A Paramount shareholder lawsuit claims David and Larry Ellison made an illegal deal with Trump in trade for approval of the WBD merger, promising to revamp CNN
A Paramount shareholder lawsuit claims David and Larry Ellison made an illegal deal with Trump in trade for approval of the WBD merger, promising to revamp CNN
Discussion:
The Wrap, New York Post, Cosmic Book News, Deadline, Los Angeles Times, Chancery Court of the state of Delaware, New York Post, Cord Cutters News, Brendan Ballou on LinkedIn, Graphic Policy, Benzinga, Freddie deBoer, @andrewlevesque.bsky.social, @williamrknecht.bsky.social, The Ankler, The Hill, The Hill, @freedom.press, @mleeds2048.bsky.social, Baller Alert, NewsMax.com, Free Press Action Fund Feed, Media Play News, Freedom of the Press …, @leftocorangehater.bsky.social, The Wrap, @fizzvstheworld.bsky.social, Annotated DC, The A.V. Club, The A.V. Club, Bloomberg Law, Los Angeles Business Journal, Raw Story, FTVLive, Columbia Journalism Review, The Hollywood Reporter, Deadline, Variety and r/MediaMergers
Kashmir Hill / New York Times:
An NYT reporter finds AI-generated, unauthorized biographies of herself and other journalists on Amazon, where AI-made books with elusive “authors” proliferate — Recently, I received a strange text from a new acquaintance. “You have your own biography???” it read.
Tim Ingham / Music Business Worldwide:
Sony Music Publishing completes its acquisition of the full music rights portfolio of Recognition Music Group, backed by Singapore's sovereign wealth fund GIC — Sony Music Publishing (SMP) has completed its acquisition of the entire music rights portfolio of Recognition Music Group.
Discussion:
Billboard
Foo Yun Chee / Reuters:
The EU accepts X's plan to meet DSA transparency obligations and give researchers access to data, giving X six months to implement it, following a €120M fine — The European Union, which fined Elon Musk's social media network X €120 million ($137.2 million) last year …
Discussion:
European Commission, Social Media Today, The American Bazaar, MediaPost, The New Stack, El País, Bloomberg Law, Metro.co.uk and The Verge
Gary Baum / The Hollywood Reporter:
Peter Thiel-backed Objection, initially an AI “tribunal” assessing reporters' articles, rebrands as The Primary to rank journalists “on the rigor” of their work — Rebranded as The Primary, the service ranks media outlets and reporters.
Discussion:
@chrisyogerst.com, @kriswernowsky.com and @maxwelltani
Rob Waugh / Press Gazette:
A look at issues with DMCA, which is weaponized to silence reporting, turbocharged by automated requests, and places the burden of proof on the attacked party — Copyright law has been weaponised to silence reporting around the world and Google is allowing this to happen
Discussion:
Cosmic Book News and Dominic Ponsford on LinkedIn
