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 (Caitlin Huston/The Hollywood Reporter)

Mediagazer: 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 (Caitlin Huston/The Hollywood Reporter)

Top News:

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 that showcased the media giant's position at the head of the streaming race as it added …
Discussion: New York Times, Ad Age, Variety, The Information, Next TV, Deadline, @ainemacdermot.bsky.social and Netflix, more at Techmeme »

Discussion:

Nicole Sperling /
New York Times: Netflix Adds 8 Million Subscribers

Todd Spangler /
Variety: Netflix Tops 277 Million Subscribers With Strong Q2 Gain, Beats Earnings Forecasts

Daniel Frankel /
Next TV: Netflix Solidly Beats Revenue Forecasts With 17% Growth in Q2, Adds More Than 8 Million More Subscribers

Áine /
@ainemacdermot.bsky.social: Cut the prices 44%, then you'd be doing something worthwhile. [embedded post] Netflix: Fellow shareholders, — We had a strong Q2 with 17% revenue growth and an operating margin of 27% vs. 22% last year.

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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.

Discussion:

Bill Bradley /
Adweek: Netflix Ad Sales VP Peter Naylor Shockingly Exits Streamer

Dade Hayes /
Deadline: Netflix Ad Exec Peter Naylor To Exit

Peter Kafka /
@pkafka: Naylor has a long digital ad track record and was onstage for Netflix at its upfront this spring and was schmoozing for them at Cannes last month. Netflix hasn't named a successor.

Peter Kafka /
@pkafka: Amy Reinhard who runs ads for Netflix, was previously running studio operations for the streamer and didn't have any ad experience prior to taking the job.

Peter Kafka /
@pkafka: Peter Naylor, one of two execs Netflix hired from Snapchat to boot up its ad business in 2022, is out. Jeremi Gorman, the other snap hire, only lasted a year. https://www.hollywoodreporter.com/ ...

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

Discussion:
IndieWire, Business Insider, IGN, @edmundlee, Breitbart, Deadline, New York Post, Quartz, @edgecliffe, The Information, @aysrick, @iamkingwilliams, @loudmouthjulia, The Media Leader, The Desk, AV Club, The Streamable, Reuters, Advanced Television, The Wrap, Yahoo Finance and The Hollywood Reporter

Discussion:

Alex Stedman /
IGN: Warner Bros. Discovery Is Considering Splitting in Half - Report

Anthony D'Alessandro /
Deadline: Warner Bros Discovery Mulling Split To Boost Stock Price

Alexandra Steigrad /
New York Post: Warner Bros. Discovery reportedly mulls breaking up media giant to boost sagging stock @edgecliffe: Big @FT scoop from @HeeterMaria @AntoineGara @sindap @JFK_America @grimes_ce - Warner Bros Discovery has discussed the idea of splitting its streaming and movie studio business from its TV networks to boost its stock $WBD https://www.ft.com/...

Martin Peers /
The Information: Warner Bros. Discovery Considers Splitting in Two

Rick Ellis /
@aysrick: I have no doubt that Zaslav would *like* to spin off the linear networks and most of the debt. But aside from the fact that it's not likely he'll find someone willing to take on that financial suicide mission, it doesn't solve his streaming problems. In fact, it makes them worse @iamkingwilliams: If this happens, expect even more of these companies to be sold off and loaded with debt... Then shut down all together after a series of fire sales And in Atlanta where most of these businesses are located, expect a more media people to be unemployed over the next few years

Julia Alexander /
@loudmouthjulia: Warner Bros. and Discovery could become their own companies, Apple is potentially licensing library content from Hollywood studios for its service, advertising being the big new push everywhere. I can't wait to see what Hollywood's going to look like in 2014!!

Matthew Keys /
The Desk: WBD considers splitting streaming, legacy TV businesses

Mary Kate Carr /
AV Club: Warner Bros. Discovery might split up to pay the bills

David Satin /
The Streamable: Warner Bros. Discovery Reportedly Considering Max, Studio Spinoff and Asset Sales to Right Financial Ship

Ross A. Lincoln /
The Wrap: Warner Bros Discovery Weighs Splitting Studio, Streaming Into Standalone as Stock Sags | Report

Bloomberg:

Sources: Apple has spoken to many of the largest Hollywood studios about acquiring more programming from their libraries to offer customers in the US and abroad— - Apple TV+ has relied on original series like ‘Ted Lasso’ … The iPhone maker has spoken to several of the largest studios …

Discussion:
Ars Technica, Lucas Shaw on LinkedIn, The Streamable, Spyglass, AppleInsider, 9to5Mac and Reuters, more at Techmeme »

Discussion:

Samuel Axon /
Ars Technica: Report: Apple TV+ will soon get a lot more movies made by studios other than Apple

Lucas Shaw /
Lucas Shaw on LinkedIn: Apple TV+ is the only major streaming service with no library. You pay for original series, but have nothing to watch in between. …

David Satin /
The Streamable: Apple Talking With Studios About New Movie Licensing Deals for Apple TV+

M.G. Siegler /
Spyglass: Apple Should Buy HBO

Ryan Christoffel /
9to5Mac: Report: Apple TV+ to license films from more studios, bolstering catalog of originals

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.

Discussion:
The Wrap, Variety, The Hollywood Reporter and Deadline

Discussion:

Jeremy Fuster /
The Wrap: LA On-Location Filming Drops 12% From Last Year Due to Declining Content Spend, ‘Post-Strike Paralysis’

Reuters:

An Italian court orders a journalist to pay PM Giorgia Meloni €5K for mocking her height; in 2023, journalist Roberto Saviano was fined €1K for insulting Meloni— A Milan court has ordered a journalist to pay Italian Prime Minister Giorgia Meloni damages of 5,000 euros ($5,465) …

Discussion:
The Guardian

Discussion:

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 …

Discussion:
@pressfreedom, doughtystreet.co.uk and @pressfreedom

Discussion:
@pressfreedom: “Jose Rubén Zamora's treatment in prison and pre-trial detention is appalling and constitutes a grave violation of international human rights standards,” said Carlos Martínez de la Serna, CPJ's Program Director. “The international community must act urgently to ensure his [image]

@pressfreedom:
CPJ supports the urgent appeal filed to UN officials by an international legal team on behalf of Guatemalan investigative journalist José Rubén Zamora, who the appeal says has been wrongfully imprisoned since 2022 and held in conditions “that amount to torture or other cruel, [image]

Helena Kennedy KC /
doughtystreet.co.uk: José Rubén Zamora v. Guatemala: Urgent Appeal filed with UN Special Rapporteur on Torture

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— CBS Sports is the new home of the English Football League (EFL) and Carabao Cup in the United States after agreeing a four-deal to prise coverage of the competitions away from ESPN.

Discussion:

Adam Jacobson /
Radio & Television Business Report: Second-Tier English Soccer Heading To CBS Sports

Naman Ramachandran /
Variety: CBS Sports Secures Multi-Year Rights Deal for English Football League

Bob Williams /
The US Sun: CBS Sports in major broadcasting change and showing 250 games for new sporting venture in historic multi-million deal

Etan Vlessing /
The Hollywood Reporter: CBS Sports Nabs U.S. TV Rights to English Football League Games

Boris Gartner /
Boris Gartner on LinkedIn: Following a great “Summer of Soccer” with record-breaking audiences for CONMEBOL Copa America 2024 and UEFA EURO 2024 in the United States, the growth of futbol continues to be unstoppable. …

Jill Goldsmith /
Deadline: CBS Sports, English Football League Ink Multi-Year, Multi-Platform Rights Deal

The Verge:

Apple is launching new immersive video content for the Vision Pro over the next few months, including content from The Weeknd and the 2024 NBA All-Star Weekend— Apple is launching new “immersive” video content for the Vision Pro over the next few months, including one from The Weeknd …

Discussion:
TechCrunch, Apple, BGR, AppleInsider and 9to5Mac, more at Techmeme »

Discussion:

Lauren Forristal /
TechCrunch: Apple Vision Pro debuts immersive content featuring NBA players, The Weeknd and more Apple: New Apple Immersive Video series, films, concerts, and more set to premiere on Apple Vision Pro beginning July 18

Malcolm Owen /
AppleInsider: Elephants and big waves are subjects of inbound Immersive Video releases

Variety:

Verizon offers customers who subscribe to Peacock Premium at the new $79.99 per year rate one year of Netflix Premium for free— Verizon keeps reshuffling its deck of various and sundry streaming bundle deals, aiming for new ways to appeal to bargain hunters — and to cater to particular sign-up goals of its content partners.

Discussion:

David Satin /
The Streamable: Netflix Added 8 Million Subscribers in Q2 2024, Now at Nearly 278 Million

Tony Maglio /
IndieWire: Netflix Added 8 Million Subscribers from April to June

Bevin Fletcher /
StreamTV Insider: Comcast exec: StreamSaver bundle ‘strong out of the gate’

Alex Weprin /
The Hollywood Reporter: Netflix Adds 8M Subscribers As It Grows Streaming Lead on Rivals

Emma Roth /
The Verge: Netflix is getting more comfortable with ads

Wayne Friedman /
MediaPost: Verizon To Leverage NBCU's Olympics In Peacock/Netflix Bundle

Daniel Frankel /
Next TV: Verizon Launches Its Latest Streaming Bundle — Free Netflix Premium for Customers Who Pay for Peacock

Erik Gruenwedel /
Media Play News: Verizon Launching First-Ever Netflix/Peacock Annual Subscription Streaming Bundle

New York Times:

A profile of Carlos Espina, who has 9.4M TikTok followers, posts in Spanish about immigration and politics, and whom the White House treats as a broadcaster— Carlos Espina is among a new kind of social media personalities whom politicians, especially those in the Biden White House, view as modern-day broadcasters.

Discussion:
TVNewsCheck, @taylorlorenz, @sapna and

Discussion:

Taylor Lorenz /
@taylorlorenz: “You got to take people where they are. The days of Walter Cronkite and three television stations where everybody gets their news are long gone.” https://www.nytimes.com/...

Sapna Maheshwari /
@sapna: Carlos has more TikTok followers than Beyoncé or Reese Witherspoon (and made more than $1 million last year) but has flown under the radar in the national press because his videos are in Spanish. but he's a huge force and taped a video with Biden last month.

Variety:

WPP's GroupM names Brian Lesser, a veteran Madison Avenue operative who has worked in senior media investment roles on both sides of the table, as global CEO— Brian Lesser, a veteran Madison Avenue operative who has worked in senior media-investment roles on both sides of the table …

Discussion:
MediaPost, Ad Age, Radio Ink, Digiday, Mumbrella, The Information, TVNewsCheck, Adweek, AdExchanger, Next TV and The Media Leader

Discussion:

Dave Morgan /
MediaPost: Return Of Brian Lesser: ‘Back To The Future’ For WPP

Lindsay Rittenhouse /
Ad Age: GroupM's new CEO faces hurdles in reviving the WPP agency—insiders react to the hire

Rosie Drew /
Mumbrella: GroupM announces new global CEO

Sahil Patel /
The Information: Ad Giant GroupM Names New Global CEO

Mark K. Miller /
TVNewsCheck: WPP Names InfoSum Chairman Brian Lesser Global CEO Of GroupM

Allison Schiff /
AdExchanger: Brian Lesser Is The New Global CEO Of GroupM

Jon Lafayette /