Daily Briefing: August 22

The stat, the quote and the read you need to start your day right.

Stat

In July, for the first time in history, streaming services won the couch-time share war against cable TV. According to Nielsen data, streaming media took up 34.8% of Americans' television viewing time while cable Television only consumed 34.4%.

Quote

“I picked a bad day to violate the ABC rule—Always Be Charging.”

After learning that his show about media, Reliable Sources, was being cancelled by CNN as part of cost cuts by parent company Warner Bros. Discovery, Brian Stelter worried that his phone only had 2% battery life remaining. At 30 years old, Reliable Sources is CNN's longest running show and Stelter has hosted it for the past nine years. He is now departing the network.

Read

The crypto geniuses who vaporized a trillion dollars. (Intelligencer)

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