Top News:
Jon Lafayette / Broadcasting & Cable:
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:
Variety, Hollywood Reporter and Deadline.com
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Georg Szalai / Hollywood Reporter:
Time Warner beats Wall St expectations, posts quarterly profits of $850M — Time Warner Second-Quarter Earnings Rise — HBO drives growth as Warner Bros. and Turner also record higher profits. — Time Warner, led by CEO Jeff Bewkes, on Wednesday reported higher second-quarter earnings amid continued strong growth at HBO.
Discussion:
The Wrap, Crain's New York, CNNMoney.com and Re/code
Linette Lopez / Business Insider:
Fox Withdraws Proposal To Buy Time Warner — And Time Warner Shares Are Crashing
Discussion:
New York Times, Adweek, Forbes, The Wrap, TVNewser, The New York Observer, @alansmurray, Broadcasting & Cable, @rafat, Politico, @bloombergtv, @edmundlee, @markymarcelus, @brianstelter, Re/code, Reuters and @suzywelch
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 …
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:
FishbowlNY, Guardian and American Press Institute
Nick Summers / The Next Web:
Wikimedia slams ‘right to be forgotten’ ruling, creates page for Wikipedia link removal notices — After publishing its first-ever transparency report, the Wikimedia Foundation has issued fresh criticism over the controversial ‘right to be forgotten’ ruling introduced by the European Union Court of Justice (ECJ) earlier this year.
Discussion:
Telegraph, VentureBeat, Guardian and Reuters
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Joe Miller / BBC:
Wikipedia link hidden by ‘right to be forgotten’
Discussion:
Daily Dot and VentureBeat
Axel Springer SE:
Axel Springer profits from strong growth of digital business models … In the second quarter of the current financial year, Axel Springer's operating results continued the dynamic growth trend of the first three months, thanks in large part to consistently strong growth in its digital activities.
Discussion:
brecorder.com, RTTNews and Reuters
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, @pmarca, @niemanlab, Chicago Tribune, @jbenton, Digiday and Talking Biz News
Mike Shields / Wall Street Journal:
Digital Media Veteran Greg Coleman Jumps From Criteo to BuzzFeed President — BuzzFeed Inc. has brought on digital advertising veteran Greg Coleman as the company's new president. — Mr. Coleman replaces Jon Steinberg, who left BuzzFeed a few months ago to become Mail Online North America's CEO.
Discussion:
New York Times, @rosslevinsohn, @lazerow, The Wrap, AdExchanger, @felixsalmon, BuzzFeed, @peretti, @schlaf, @joshsternberg, @raju, @kantrowitz, @buzzfeedben and American Press Institute
Evan McMurry / Mediaite:
WaPo Removes Sections of Article After Source Admits to Fabrications — Entire sections of an article in the Washington Post's new longread vertical Storyline were removed Wednesday after one of the story's primary sources admitted to fabricating a number of the experiences related by author Jeff Guo.
Discussion:
Washington Post, @matthewkeyslive, @mlcalderone, @tcarmody and @moorehn
Georg Szalai / Hollywood Reporter:
Dish swings to $213M Q2 profit, loses fewer subscribers, sees continued growth in Hopper — Dish Loses Fewer Subs, Boosts Financials in Second Quarter — The satellite TV giant, led by chairman Charlie Ergen, swung to a second-quarter profit — Dish Network on Wednesday reported improved second-quarter financials.
Discussion:
Press Release and Reuters
Joan E. Solsman / CNET:
Pandora strikes deal with artists through a group representing over 20,000 independent labels — Hear that? Pandora and artists finally reach sweet harmony — Pandora's first ever direct deal with labels marks a new age for artist relations at the Web's top streaming-music service …
Discussion:
Billboard, The Next Web, Music Week and Music Ally
John Plunkett / Guardian:
BBC staff agree two-year pay deal but plan strike ballot over job cuts — Unions accept revised offer of extra £800 for people earning less than £50,000, with £650 rise for those earning more — Trade unions have agreed a new two-year pay deal with BBC management weeks …
Discussion:
BECTU
Jay Yarow / Business Insider:
AOL misses EPS estimates, but beats expectations on Q2 revenue, up 12% to $606.8M — AOL Reports Another Strong Quarter, Makes Marissa Mayer and Yahoo Look Even Worse — AOL delivered a solid earnings report Wednesday morning. — It beat expectations on revenue and EPS, which was down 3% compared with a year ago.
Discussion:
Re/code, MarketWatch, ValueWalk, San Francisco Chronicle, RTTNews and Benzinga
Angela Haggerty / The Drum:
Johnston Press chief ‘confident’ as revenue falls, profits rise and net debt drops by £125m in H1 — Johnston Press has cut its net debt by £306.4m to £181.6m following a refinancing package earlier this year, according to its half-year results.
Discussion:
Prolific North, Reuters, Scotsman, Guardian, HoldTheFrontPage and RTTNews
Lisa O'Carroll / Guardian:
Andy Coulson charged with perjury in Tommy Sheridan case — Former News of the World editor accused of lying in evidence he gave about phone hacking at trial of ex-Scottish Socialist MSP — Andy Coulson, the former editor of the News of the World, has been formally charged with three counts of perjury in a hearing at in Scotland.
Discussion:
BBC, Daily Mail, The Drum, Home on News and @cstross
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