Top News:
Kurt Wagner / Re/code:
Twitter added just 2M MAUs in Q2, excluding “SMS Fast Followers” — Twitter Asks for More Time to Fix Things — And Freaks Out Wall Street — Twitter added just two million new core users last quarter, and while it also beat Wall Street revenue estimates, investors still aren't buying the Twitter story.
Discussion:
VentureBeat, Adweek, NetNewsCheck Latest, BuzzFeed, Mashable, MediaNama, Financial Times, @twitterir, @benthompson, @jguynn, @jguynn, @pkafka, Wall Street Journal, Fortune, Forbes, Ad Age, Hollywood Reporter, The Verge, SocialTimes, Reuters, Engadget, Forbes, Variety, ZDNet, VentureBeat and Tech Insider
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Justin Fox / Bloomberg View:
The Midsize Newspaper Is Toast — Everybody who's been paying attention knows that it's been a tough decade for American newspapers. But every once in a while it's worth checking in on just how bad it's been. The release of the American Society of Newspaper Editors' annual newsroom census …
Discussion:
Poynter, @jontalton and @herbgreenberg
RELATED:
New York Times:
Behind the Iranian trial of Washington Post reporter, Jason Rezaian, and how his ability to cultivate sources may have aroused suspicion and led to detention — Iran's Trial of Jason Rezaian Illustrates Perils Faced by Reporters — TEHRAN — For Jason Rezaian, the Washington Post reporter …
Discussion:
@ellenbarrynyt, @ahmed, @nytimesworld, Washington Post and Wall Street Journal
Lucia Moses / Digiday:
CNN, Daily Mail, and National Geographic have staffers dedicated to creating Snapchat stories — Publishers are hiring Snapchat specialists — Snapchat's real benefits to publishers remain unproven, but some have seen enough potential upsides to hire teams of specialists to figure out content strategies on the platform.
Claire Atkinson / New York Post:
Music group blasts CBS for promoting illegal download sites — A music group is ripping mad at CBS chief Les Moonves for helping the rip-off artists. — Apple and Google are working to disable illegal download sites, but CBS' CNET tech site is promoting them, according to an industry-wide music coalition.
Tim Healy / Independent.ie:
Judge clears use of ‘The Times Irish Edition’ by UK paper — The ‘Irish Times’ has failed to get injunctions restraining the London ‘Times’ using the words “The Times Irish Edition” in promoting a new digital Irish edition of the UK newspaper. — Google
Discussion:
RTÉ, Press Gazette and Guardian
Tara George / MediaShift:
Operating with fewer resources, news startups are blurring the lines between business and editorial — Should a Local News Startup Have Reporters Write Press Releases? — At a conference of local news entrepreneurs in Philadelphia recently, speakers were sharing tips on innovative ways …
Jonathan Soble / New York Times:
Japan's Nikkei vies for global clout with the $1.3B purchase of The Financial Times — Nikkei Vies for Global Clout With Splurge on The Financial Times — TOKYO — Not long after he took over as president of Japan's dominant business newspaper in April, Naotoshi Okada delivered a message to his 1,300 reporters and editors.
Discussion:
Talking Biz News
Hollywood Reporter:
Major Layoffs to Hit Ryan Kavanaugh's Relativity This Week as Bankruptcy Looms — Some 350 people currently work at Beverly Hills-based Relativity. — Ryan Kavanaugh's Relativity Media is set to lay off as many as 50 employees this week (and possibly more) as the financially-embattled studio …
Discussion:
The Wrap, Los Angeles Times and Variety
Kevin Rawlinson / Guardian:
Ex-Sun managing editor claims political pressure behind him leaving Ipso — Bill Newman says chairman of press regulator said application for renewal of contract would not be welcomed because of connection with tabloid newspaper — Former Sun managing editor Bill Newman is to leave his role …
Discussion:
Press Gazette
John Plunkett / Guardian:
Sky profits rise as it passes 12 million UK and Ireland customers — Satellite broadcaster's annual revenues hit nearly £11.3bn in the first full year since it completed the takeover of Sky businesses in Germany and Italy — Sky has passed the 12 million customer mark in the UK …
Discussion:
Sky News, BBC, Financial Times, International Business Times, Reuters, Bloomberg Business, RTÉ, City A.M., Variety and The Wrap
Jasper Jackson / Guardian:
Hindi TV channel fined £25,000 over cancer cure claims on yoga show — Programme could have caused viewers to delay or forgo treatment, raising ‘an appreciable risk of harm’, says media watchdog Ofcom — A Hindi-language TV channel has been fined £25,000 for providing misleading medical advice …
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