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10:30 AM ET, July 29, 2015

Mediagazer

 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.
RELATED:
Alex Wilhelm / TechCrunch:
Twitter reports better-than-expected Q2 revenue of $502M with just 316M MAUs, a number that includes “SMS Fast Followers”
Discussion: TechCrunch, The Wrap and Fortune
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:
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 …
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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 More News: 
Washington Post:
The most famous television journalist in Pakistan lives like a fugitive
Chad Bray / New York Times:
McGraw Hill Financial Buys SNL Financial for $2.2 Billion
Discussion: Folio, Bloomberg Business and Reuters
Tyler Falk / Current.org:
NPR plans environmental reporting project with stations
Los Angeles Times:
Netflix seeks to double office space by moving to a 150K square foot place in Hollywood
 Earlier Picks: 
Benjamin Mullin / Poynter:
New trial date in Hulk Hogan sex tape case could come at upcoming hearing
The New York Times Company:
New York Times executive editor Dean Baquet and Metro editors write to the NYRB, rebutting its story on paper's nail salon investigation
Erik Hayden / Hollywood Reporter:
The Onion is to launch EDGE, a web series mocking HBO's VICE show
Discussion: Tubefilter, Guardian, Mediaite and The Week