Mediagazer: Russell Simmons' All Def Digital Closes $5M in Series A Financing (Tony Maglio/The Wrap)

7:30 PM ET, August 6, 2014

Top News:

On earnings call, Time Warner CEO Jeff Bewkes refuses to comment on Fox takeover bid — Bewkes Won't Comment On Fox Takeover Bid — CEO says strategy is working — Time Warner CEO Jeff Bewkes said he would have little to say about Rupert Murdoch's attempt to take over the media conglomerate.

Discussion: Capital New York, Forbes, Washington Post, Variety, Reuters, Variety, Hollywood Reporter and Deadline.com

Adam Epstein / Quartz:

HBO Go is poised to become more like Netflix — Time Warner is finally admitting that Netflix is a competitor to HBO. And now, it might create a Netflix of its own. — CEO Jeff Bewkes acknowledged the rise of his company's competitor on this morning's quarterly earnings call.

Discussion: @zseward and Deadline.com

Georg Szalai / Hollywood Reporter:
Time Warner beats Wall St expectations, posts quarterly profits of $850M

Discussion: The Wrap, CNNMoney.com and Re/code

Janko Roettgers / Gigaom:

Dish's Charlie Ergen: In the future, most TV viewing won't happen on TV — TV viewing is shifting form televisions to mobile devices, which is one reason why Dish plans to launch an internet TV service by the end of this year. — Dish still wants to launch its internet TV service by the end of this year …

Discussion: Variety

Georg Szalai / Hollywood Reporter:
Dish swings to $213M Q2 profit, loses fewer subscribers, sees continued growth in Hopper

Discussion: PC Magazine, Wall Street Journal, Ticker Report, RTTNews, Bidness Etc, WKRB News, Dish and Reuters

Myles Udland / Business Insider:

Fox earns $0.42 per share on $8.42B revenue in Q4, beating estimates — Fox Earnings Beat Expectations — 21st Century Fox reported fourth quarter adjusted EPS of $0.42 on revenue $8.42 billion. — Analysts were looking for adjusted earnings per share of $0.38 on revenue of $8 billion, according to data from Bloomberg.

Discussion: The Wrap, Forbes, BBC, Bloomberg, @jbflint, @jbflint, @peterlauria3, Wall Street Journal, @jbflint, @jboorstin, @alexweprin, Quartz and The Newspaper Works

Arash Karami / Al-Monitor:

Detained Post journalist accused of spying in Iran media — The conservative Iranian media has broken its silence on the arrest of Washington Post Tehran correspondent Jason Rezaian and published articles accusing him of spying and having connections to organizations in Washington …

Discussion: Washington Post, Washington Post, BuzzFeed, @rezaaslan, @barbaraslavin1, @glcarlstrom, @max_fisher, @cfarivar, International Campaign … and @thekarami

David Cuen / BBC:

BBC launches first social media-only news service - for Thailand — On 22 May, the Royal Thai Armed Forces staged a military coup and soon after international channels including BBC World News TV were taken off air temporarily. It was clear then that, to fill the international news void …

Discussion: Nieman Journalism Lab and The Desk

Joe Pompeo / Capital New York:

Brady's new Philly site will be called Billy Penn — Jim Brady has settled on a name for the mobile-focused local-news platform he's in the process of launching in Philadelphia. — Originally billed as brother.ly, a reference to the City of Brotherly Love, Brady has changed the title to Billy Penn …

Discussion: @jimbradysp

William Turvill / Press Gazette:

Huffington Post to launch Arabic-language website with editorial staff based in London — The Huffington Post is to launch an Arabic-language website with editorial staff based in London. — HuffPost Arabi “will be a first-of-its-kind online news destination for the 300+ million people in the Arab world …

Discussion: Guardian, FishbowlNY and American Press Institute

Catalina Albeanu / Journalism.co.uk:

Irish broadcaster RTÉ plans mobile journalism conference in March 2015 — RTÉ announces mobile journalism conference for March 2015 — MoJoConIrl will bring together key players in the field of mobile journalism to discuss technology and storytelling, and to share experiences …

Monica Anderson / Pew Research Center:

The job market tightens, but new journalism grads remain upbeat — Job growth for recent journalism and mass communication grads stalled in 2013 with minority students hit particularly hard by the slowdown, according to a new University of Georgia survey of nearly 1,800 bachelor's and master's degree recipients.

Discussion: @macloo

Tony Maglio / The Wrap:

Russell Simmons' All Def Digital Closes $5M in Series A Financing — All Def Digital, Inc. (ADD) has closed $5 million in Series A financing, the company said on Wednesday. — The investment is led by new media venture capital firm Greycroft Partners, with participation from Advancit Capital, Nu Horizons Investments and e.ventures.

Discussion: Variety

William Turvill / Press Gazette:

Hacked Off executive director Joan Smith: Guardian and Indy are better off with no regulator than with IPSO — Hacked Off's new executive director believes The Guardian and Independent are currently better off with no regulator than signing up for the Independent Press Standards Organisation (IPSO).

Ken Doctor / Nieman Journalism Lab:

Splits and privatization: Gannett's announcements show a new class of US newspaper companies built on financial engineering — 10 takeaways from Gannett's blockbuster announcements — The newsonomics of splitting up media companies, with Gannett maybe next

Discussion: Guardian, Chicago Tribune, @pmarca, @niemanlab, @jbenton, Digiday and Talking Biz News

Jim Romenesko:

New York Times announces new Newsroom Strategy Team members — A.G. Sulzberger, senior editor for strategy at the New York Times, sent this memo to colleagues this afternoon: