Top News:
Linda Ge / The Wrap:
CBS narrowly beats expectations with $0.74 EPS on revenue of $3.22B; CEO Les Moonves emphasizes progress in nonadvertising revenue sources — CBS Narrowly Beats Earnings Expectations in Q2 2015 — CBS reported its earnings for the second quarter of 2015 on Wednesday, surpassing Wall Street expectations.
Discussion:
Broadcasting & Cable, Forbes, VentureBeat, Globe and Mail, @jbflint, PR Newswire, Hollywood Reporter and CNBC
Tim Kenneally / The Wrap:
21st Century Fox beats Q4 estimates with $.39 EPS on $6.21B in revenue, with growth in cable revenue, declines in film and TV revenue — 21st Century Fox Beats Earnings Estimates for Q4 2015 — 21st Century Fox took a big revenue hit in the fourth quarter of 2015, pulling in $2.2 billion less …
Discussion:
Broadcasting & Cable, Variety, Wall Street Journal, Variety, @bluechoochoo, @bluechoochoo, Bloomberg Business and Hollywood Reporter
David Kravets / Ars Technica:
Movie studios sue MovieTube, seek SOPA-like power through broad site-blocking court order — Memo to MPAA: Congress didn't pass SOPA — Studios' suit demands “entire Internet” block, filtering infringing sites, EFF says. — Remember 2012, when there was that giant Internet backlash …
Discussion:
Electronic Frontier Foundation
Peter Kafka / Re/code:
TV programming stocks slide following Tuesday's report of subscriber losses for ESPN — Cord-Cutting Contagion! Wall Street Bails on Big Media Stocks. — Big media companies used to insist that cord-cutters — people dropping pay TV for Internet video — were a myth.
Discussion:
New York Times, CNNMoney, Fortune, Forbes, @brianstelter, Hollywood Reporter and Business Insider
Frank Jordans / Associated Press:
German privacy site Netzpolitik.org says it has received more than €50K in donations since news of government investigation broke — Treason probe boosts fortunes of German digital rights site — 4 photos — BERLIN (AP) — A German website specializing in coverage of online privacy …
Discussion:
USA Today and Wall Street Journal
Associated Press:
One arrested so far in slaying of journalist Ruben Espinosa and four women in Mexico City — Slain Mexican journalist had felt unsafe even in capital — MEXICO CITY (AP) — One person was in police custody Wednesday in connection with the slaying of a Mexican photojournalist and four women …
Tim Murphy / Mother Jones:
BuzzFeed and IJReview team up with candidates for a new form of campaign coverage, making videos that candidates might otherwise film themselves — Bobby Jindal Really Wants You to Know He's Been Working Out — One of the most underrated storylines of the 2016 election has been Louisiana …
Discussion:
BuzzFeed, Gawker, @timothypmurphy, International Business Times, @jbenton, @timothypmurphy and msnbc.com
Todd Spangler / Variety:
Dish Sheds 81,000 Pay-TV Subs in Q2, As Sling Fails to Offset Satellite Losses — Dish Network's Sling TV over-the-top service now has more than 250,000 subscribers — but the company dropped more satellite TV customers than that over the first half of 2015.
Discussion:
Home Media Magazine, Wall Street Journal, Ad Age, Multichannel News, Hollywood Reporter, Reuters, Reuters, TechCrunch, Consumerist and USA Today
Corey Hutchins / Columbia Journalism Review:
SF Weekly publisher backs off plan to use cover story to ‘make up’ with advertiser — Score one for editorial independence, at least in one corner of the alt-weekly world. After a report of his newsroom meddling drew notice from journalists around the country, Glenn Zuehls, publisher of SF Weekly …
Discussion:
San Francisco magazine, @coreyhutchins, @cjr and San Francisco Peninsula …
Tim Peterson / Ad Age:
New York Times to retire interstitials, banner ads, plans to add mobile-native ads, similar to Facebook's and Twitter's in September — New York Times Plans to Make Its Mobile Ads More Native, Less Interruptive — “Mobile advertising as a whole is just fairly crappy,” said Sebastian Tomich …
Discussion:
Poynter, investors.nytco.com and NetNewsCheck Latest
Jason Patinkin / Associated Press:
South Sudan shutters 2 newspapers in apparent crackdown — JUBA, South Sudan (AP) — The South Sudanese government has stopped operations of two newspapers, editors at the publications said Wednesday in an apparent crackdown on the independent media. — Agents from the National Security Services …
Discussion:
Voice of America, thesundaily.my, Chicago Tribune and Sudan
Ece Toksabay / Reuters:
18 Turkish journalists charged with spreading terrorist propaganda over image publication — Turkish reporters face jail for publishing photo: media — Eighteen Turkish journalists have been charged with spreading terrorist propaganda for publishing a photo of a legal official held …
Discussion:
Trend.Az, TodaysZaman and Associated Press
Lucas Matney / TechCrunch:
Reddit Finally Bans Racist r/CoonTown And Other Hateful Communities, Updates User Policies — Reddit CEO Steve Huffman introduced an updated set of user policies Wednesday, which included details for how Reddit would be “quarantining” certain communities and banning ones which were particular awful, including the infamous r/CoonTown.
Discussion:
Mashable, Mediaite, VentureBeat, BetaNews, Variety, BuzzFeed and New York Times
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