Mediagazer: Twitter soars 34% after hours as monthly active users grow 24% year-over-year to 271M (Anthony Ha/TechCrunch)

11:55 PM ET, July 29, 2014

Top News:

Ravi Somaiya / New York Times:

Despite Circulation Gains, Profit Falls 21% at New York Times Co. — Increased investments in digital products and a decline in print advertising weighed on The New York Times Company's second-quarter earnings, as profit slipped 21 percent. — The company on Tuesday reported $55.7 million …

Discussion: Bloomberg, New York Times Company, The Huffington Post, @videonuze, CNNMoney.com, @hc, Talking New Media, WKRB News, Reuters, @bgrueskin, The New York Observer, Capital New York, The Wrap, FishbowlNY, Forbes, @romenesko and @breakingmoney

Ryan Chittum / Columbia Journalism Review:

The NYT's new paywall products flounder — Early problems for the paper's new apps — The New York Times's expanded paywall offerings are off to a poor start, and its three-year run of higher circulation revenue may be at an end. — The Times's digital-subscription strategy …

Discussion: Poynter, @ryanchittum, @joepompeo, @ryanchittum and @dancow

Sam Kirkland / Poynter:
New York Times adds 32,000 digital-only subscribers as profit falls

Discussion: Nieman Lab, Capital New York, NetNewsCheck Latest, Media & Entertainment, AdExchanger, AdAge and The Huffington Post

J.K. Trotter / Gawker:

New York Times Reporter Lifted Text From Wikipedia, Too — Last week, BuzzFeed fired Viral Politics editor Benny Johnson for lifting phrases and sentences from other sources, chiefly Wikipedia—a phenomenon some attributed to Johnson's lack of training and the Internet's lack of rules.

Discussion: Poynter, FishbowlNY, Politico, @eringriffith, Talking Points Memo, @tylergreendc, @nbj914, @dylanbyers, @mathewi and @mattdpearce

Tom Kludt / Talking Points Memo:
Interview with anonymous tweeters who exposed BuzzFeed editor Benny Johnson's plagiarism

Discussion: Live Q&A's, JIMROMENESKO.COM, @mattklewis, @mathewi, @andrewkirell, @cuffymeh, @timkmak, @mlcalderone, @joshtpm and @tomkludt

Dylan Byers / Politico:
BuzzFeed, online curation, and plagiarism: juggling temptation and a maturing content model

Discussion: Newsweek, @dannysullivan, @webbspective, @sarahw, @mkonnikova, @mattdpearce and @seanhackbarth

Ricardo Bilton / Digiday:
Why ad buyers shrug at BuzzFeed's plagiarism scandal

Discussion: New York Magazine, Plagiarism Today and Business Insider

Anthony Ha / TechCrunch:

Twitter soars 34% after hours as monthly active users grow 24% year-over-year to 271M — Twitter Picked Up 16M Active Users In Q2 — In its most recent quarter, Twitter didn't just report stronger-than-expected financials. It also showed continued user growth, which has been an ongoing concern for the company.

Discussion: Re/code, Forbes, Adweek, TechCrunch, VentureBeat, Gigaom, VentureBeat, Forbes, Re/code, Electronista, Globe and Mail, @pkafka, Bloomberg, Business Insider, @jguynn, Hollywood Reporter, @niemanlab, Wall Street Journal, The Verge, AdAge, ZDNet, @jguynn, Reuters and PandoDaily

Lynne Marek / Chicago Business:

Tribune Publishing CEO: We're buying newspapers — Tribune Publishing Co. CEO Jack Griffin isn't selling off newspapers. He wants to acquire more of them. — Despite all the speculation about a sale of Chicago Tribune, the Los Angeles Times and/or the other Tribune dailies …

Discussion: Poynter and Los Angeles Times

Amazon.com:

Amazon proposes 35/35/30 split, says cheaper e-book prices offer more profit to all — Update re: Amazon/Hachette Business Interruption — This discussion has reached the maximum length permitted, and cannot accept new replies. Start a new discussion — See latest post

Discussion: Wall Street Journal, The Verge, Business Insider and Mashable

Michael Sebastian / AdAge:

BMW Runs the First Ads on Medium, Twitter Founders' Blogging Platform — Automaker Sponsors Medium's New Design Publication — Short Form Video — When blogging platform Medium begins publishing Re:form on Tuesday, its latest “collection,” readers may notice something entirely new to the site: advertising.

Discussion: Gigaom, The Next Web, SocialTimes, Digiday, @caro, @katelaurielee and @sam_a_klein, Thanks:@msebastian

Eliza Brooke / Fashionista:

Can Indie Magazines Launched on Kickstarter Not Only Survive, But Thrive? — Any guy with a hankering for potato salad can get funded on Kickstarter. For these independent magazines, it's the daily grind of keeping a print publication afloat after the campaign is over that's the real challenge.

Discussion: @knguyen, @fashionista_com and @lapresmidi

WikiLeaks:

Australia bans reporting of international bank corruption case on ‘national security’ grounds — Australia bans reporting of multi-nation corruption case involving Malaysia, Indonesia and Vietnam — WikiLeaks releases an unprecedented Australian censorship order concerning …

Discussion: Hit & Run, Guardian, @hazelpress, @rosembrown, @etan009, @micmehmet, @wikileaks, @themadhacker, @centrehalf4ward and @schreckreports

Rick Edmonds / Poynter:

Newspaper industry lost another 1,300 full-time editorial professionals in 2013 — The American Society of News Editors annual newsroom census, released today, found a net loss of another 1,300 full-time professionals last year. — That was better than the 2,600 net job loss in 2012 …

Discussion: @jacquib, @kevinbogardus, @rickedmonds, FishbowlNY, @poynter and The Huffington Post

Ted Johnson / Variety:

FCC Chairman Threatens to Intervene to Resolve Dodgers TV Dispute — FCC chairman Tom Wheeler, in a strongly worded letter to Time Warner Cable CEO Rob Marcus, said that the agency “will intervene as appropriate” to resolve the dispute that has kept the Dodgers unavailable to some 70% of viewers in the Los Angeles region.

Discussion: Broadcasting & Cable, Deadline.com, @repcardenas, Multichannel News, Bloomberg, Los Angeles Times and The Wrap

Brent Lang / Variety:

‘Snowpiercer’ Hits $3.8 Million on VOD as Weinstein Co. Shakes Up Distribution — The indie movie market needed a kick in the pants this summer. — Other than “Chef” and the still-expanding “Boyhood,” arthouse films have struggled in theaters. But amid the doldrums …

Discussion: Indiewire