Top News:
The New York Times Company:
The New York Times Passes One Million Digital Subscriber Milestone — The New York Times Company announced today that as of Thursday, July 30, it had passed the one million paid digital-only subscriber mark, less than four-and-a-half years after launching its pay model.
Discussion:
Politico, Ad Age, VentureBeat and FishbowlNY
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Ravi Somaiya / New York Times:
New York Times Q2: $16M net income, 33K new digital subscribers, digital advertising up 14% — New York Times Co. Reports $16 Million Profit — The New York Times Company reported net income of more than $16 million for the second quarter on slightly lower revenue, as digital growth …
Discussion:
investors.nytco.com
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 …
Discussion:
CNNMoney, redeyechicago.com, Quartz, Mediaite, TIME, bookforum.com, New York Times, Rolling Stone, Columbia Journalism Review, Quartz, USA Today, Washington Post and Guardian
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Marco della Cava / USA Today:
Apple Music has 11M trial subscribers with 2M on family plan; App Store has record month in July with $1.7B in transactions — Apple Music hooks 11 million trial members, App Store has record July — One month after unveiling its new streaming music service, Apple has locked in 11 million trial members …
Discussion:
Fortune, VentureBeat, Mashable, NME, Telegraph, CNBC, Quartz, App Advice, Yahoo Tech, Variety, Re/code, Business Insider, BetaNews, TechCrunch, Guardian, The Verge, Engadget, 9to5Mac, AppleInsider, The Next Web, hypebot and MacStories
Jenna Wortham / New York Times:
Profile of Issa Rae and the struggles she faced taking her web series, The Misadventures of Awkward Black Girl, to HBO — The Misadventures of Issa Rae … Somewhere, during the elaborate choreography leading up to my initial meeting with Issa Rae, a miscommunication between her publicist …
Discussion:
Clutch Magazine and The Awl
Benjamin Mullin / Poynter:
Dave Butler, editor in chief of Digital First Media, to retire this fall — Digital First Media editor in chief to exit — Dave Butler, editor in chief of nationwide newspaper chain Digital First Media, announced on Wednesday that he plans to retire sometime this fall.
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.
Discussion:
@digitalshields and @angus_mack
Lisa Beilfuss / Wall Street Journal:
Viacom Q3: revenue down 11% to $3.06B, movie division revenue down 44%, TV networks up 2% — Viacom Reports Lower Sales, Profits Amid Fewer Films — Filmed entertainment revenue drops 44% as theatrical revenue nearly halves — Viacom Inc. said profit slipped in its latest quarter, due largely to a blank summer movie slate.
Discussion:
Bloomberg Business, CNBC and Variety
Teo Cheng Wee / The Straits Times:
Malaysia issues arrest warrant for London-based journalist, Clare Rewcastle-Brown — Malaysia issues arrest warrant for Sarawak Report founder — Malaysian police have obtained an arrest warrant for the founder of London-based Sarawak Report for allegedly spreading falsehoods and committing an act …
Discussion:
Telegraph, Reporters Without Borders, The Star Online, Malay Mail Online and The Independent
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
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 …
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.
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.
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, Wall Street Journal, @timothypmurphy, @jbenton, International Business Times, Gawker and msnbc.com
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