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1:15 AM ET, July 19, 2024


 Top News: 
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  —  Netflix reported second-quarter earnings Thursday that showcased the media giant's position at the head of the streaming race …
Caitlin Huston / The Hollywood Reporter:
Peter Naylor, Netflix VP of ad sales since August 2022, is leaving, and the company will hire a head of US and Canada ad sales to fill his spot  —  The executive has been at the streaming giant since August 2022. … Naylor has been at Netflix since August 2022.
Lucas Manfredi / The Wrap:
Netflix says its ad tier now accounts for over 45% of all signups in the markets where it's available, and ad tier memberships grew 34% QoQ in Q2  —  The company expands its lead over competitors with 277.65 million subscribers globally  —  Netflix beat Wall Street expectations …
Financial Times:
Sources: WBD weighs splitting off its streaming and studio businesses from its legacy TV networks including CNN, leaving most of its debt with the TV networks  —  Group behind CNN and HBO has discussed options including spin-off of its streaming service and movie studio
Washington Post:
Sue Mi Terry, wife of WaPo columnist Max Boot, has been charged with acting as an agent of South Korea; the indictment cites a WaPo column she wrote with Boot  —  Sue Mi Terry, a senior fellow for Korea studies at the Council on Foreign Relations, was charged with failing to register as a foreign agent.
Lisa Richwine / Reuters:
FilmLA: from April through June 2024, the number of on-location filming days in LA fell 12.4% YoY, driven by a 56.9% drop in reality TV production  —  Los Angeles experienced a hefty decline in reality TV production as Hollywood worked to recover from dual labor strikes last year, according to statistics released on Wednesday.
NBC News:
Social media influencers backing Trump include Bryce Hall, with 23.7M TikTok followers, FaZe Banks, with nearly 5M YouTube subscribers, and Jake and Logan Paul  —  Following the attempted assassination of former President Donald Trump, influencers with large followings spoke out in his support.
Jack Dunn / Variety:
Fox Entertainment announces a restructuring of its operations that includes layoffs for about 30 people  —  Fox Entertainment has unveiled a restructuring of its operations that includes layoffs for about 30 staffers.  —  “While there are many exciting aspects to realizing our path forward …
Aidan McLaughlin / Mediaite:
Veteran cable news host Lou Dobbs, who made his name on CNN and then Fox Business, has died at 78; Trump announced his death on Truth Social  —  Lou Dobbs, the veteran broadcaster who made his name on CNN and then Fox Business as an icon of financial news, passed away at the age of 78 …
Committee to Protect Journalists:
The CPJ supports an urgent appeal filed to the UN Special Rapporteur on Torture on behalf of Guatemalan journalist José Rubén Zamora, imprisoned since 2022  —  The Committee to Protect Journalists supports the urgent appeal filed to UN officials by an international legal team …
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 More News: 
Adam Crafton / New York Times:
CBS Sports secures a four-year deal to air at least 250 English Football League matches per season, starting in August 2024
Todd Spangler / Variety:
Verizon offers customers who subscribe to Peacock Premium at the new $79.99 per year rate one year of Netflix Premium for free
 Earlier Picks: 
Om Malik / On my Om:
The Apple News deal with Taboola is shocking and off-brand, calling into question Apple's commitment to good customer experience, including privacy
Hong Kong Free Press:
Hong Kong-based reporter Selina Cheng says she was fired by The Wall Street Journal for taking up the position of chair of the Hong Kong Journalist Association