Top News:
John Koblin / New York Times:
Jon Stewart, sarcastic critic of media and politics for 16 years, signs off from The Daily Show on Thursday night — Jon Stewart, Sarcastic Critic of Politics and Media, Is Signing Off — On Thursday night 10 presidential candidates will spill onto a stage in Cleveland …
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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, Broadcasting & Cable, CNNMoney, Fortune, Forbes, @antderosa, @brianstelter, Hollywood Reporter, Business Insider, Multichannel News, Deadline and The Wrap
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 …
Brian Steinberg / Variety:
NBCU Expects More Than $1 Billion In Advertising for 2016 Rio Olympics — For advertisers, the Olympics and the Super Bowl have a lot in common: They both cost a fortune, demand commercials that make a splash and bring in some of TV's biggest audiences. But Madison Avenue seems …
Discussion:
Footwear News, Broadcasting & Cable and Ad Age
Mike Farrell / Multichannel News:
Dish may sell or lease spectrum, or sue FCC, after expected denial of $3.3B in discounts won during AWS-3 incentive auction, CEO Charlie Ergen says — Dish Mulls Throwing In Spectrum Towel — Ergen Says Could Sell, Lease Wireless Licenses — Dish Network chairman and CEO Charlie Ergen …
Discussion:
The Hill, FierceWireless, Wireless Week and Broadcasting & Cable
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Todd Spangler / Variety:
Dish Sheds 81,000 Pay-TV Subs in Q2, As Sling Fails to Offset Satellite Losses
Dish Sheds 81,000 Pay-TV Subs in Q2, As Sling Fails to Offset Satellite Losses
Discussion:
Wall Street Journal, VentureBeat, Home Media Magazine, Ad Age, Hollywood Reporter, TechCrunch, USA Today, Reuters and Reuters
Mike Shields / Wall Street Journal:
Motor Trend launching a quarterly print magazine based on Roadkill YouTube series for $9.99/issue, with companion website — Motor Trend's YouTube Series ‘Roadkill’ Is Becoming a Print Magazine Aimed at Millennial Car Lovers — An old school print company is launching a new magazine, with a unique twist.
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, @jbenton, @timothypmurphy, International Business Times, @timothypmurphy, Gawker and msnbc.com
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, VentureBeat, Fortune, @jbflint, Forbes, PR Newswire, Hollywood Reporter, CNBC and Globe and Mail
Michael Calderone / The Huffington Post:
Media Outlets Debate Whether Increased Access To Kochs Is Worth All The Strings Attached — NEW YORK — The Washington Post published an “exclusive interview” on Tuesday with Charles Koch, the press-shy billionaire industrialist, who, along with his brother David, is a major backer of conservative causes.
Discussion:
ThinkProgress and Washington Post
Felix Salmon / Fusion:
Mobile ad blocking won't threaten the advertising/publishing industry, which is already working toward better ads — Relax, blocking mobile ads won't kill publishers — Online publishers are apparently doomed. “Things could get ugly quite suddenly,” says Charles Arthur.
New York Times:
Spotify's Content Chief Moves to Online Video Start-Up Pluto TV — Spotify is losing a top executive to Pluto TV, a start-up in the fragmented and competitive world of online video. — Ken Parks, Spotify's chief content officer and one of its longest-serving executives …
Discussion:
mUmBRELLA, Business Insider and Variety
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 …
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