Top News:

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:
Ad Age, Fortune, WWD, FishbowlNY, @aellick, Agence France-Presse, VentureBeat and Media Wire Daily
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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, CNNMoney and Wall Street Journal


Survey of communications school graduates: 17% say news has improved in last five years, biggest issue is the abundance of opinion and false information online — A new snapshot of the profession from 10,000 J-school grads — A massive survey of two generations of journalism and communications graduates …
Discussion:
American Press Institute and @hermida


Washington Post partners with Genius for live annotations by readers and journalists of GOP presidential debate — Washington Post to let readers annotate live coverage of tonight's GOP debate — The newspaper is experimenting with annotation technology Genius for the first time during …
Discussion:
Washington Post and @mathewi


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, Mashable, MacRumors, App Advice, ZDNet, 24/7 Wall St., New York Times, Quartz, CNBC, RAIN News, Variety, NME, Telegraph, Yahoo Tech, VentureBeat, Business Insider, @simonkhalaf, Re/code, Business Insider, Engadget, BetaNews, 9to5Mac, TechCrunch, AppleInsider, The Verge, The Next Web, Guardian, The Loop, hypebot and MacStories


In the UK and US, some pro sports teams are limiting media access and communicating directly to fans — English Club Shuts Out Journalists With New Kind of Defense — SWINDON, England — A few months ago, a reporter for the local newspaper here went to a charity event in town.
Discussion:
@marchintonffx, @alex_ogle, @nytsports, @ashbroadley and Guardian
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Two-thirds of UK's Netflix and Amazon users don't watch their original shows — More British online TV subscribers say they view films or US shows than exclusive programmes such as House of Cards or Orange is the New Black — Two-thirds of online TV subscribers in the UK …


Blockfeed, a NYC-based news app, geotags others' articles to aggregate news, shows map of stories near user, and uses social media buzz to prioritize stories — Blockfeed App Surfaces Hyper Local News — The death knell has been sounded for local journalism at regular intervals during the digital era.
Discussion:
Digiday, The New York Observer and The Drum


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


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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The Huffington Post Names Former AOL and Spotify Executive Jared Grusd As New CEO — Jared Grusd, a former executive at AOL and Spotify, has been named the new chief executive at the Huffington Post. — Mr. Grusd spent the past four years as global head of corporate development and general counsel at Spotify.
Discussion:
Variety, Poynter, @digitalshields and Wall Street Journal


The Washington Post's audience has grown 65% YoY due to newsroom investment, embracing technology, and engaging in distribution partnerships — Is The Washington Post closing in on the Times? — Could it be? An old-fashioned newspaper war, but one fought in the digital trenches?
Discussion:
Nieman Lab and capitalnewyork.com


Big TV content companies including Viacom, Fox, and Disney have lost almost $50B in market value in less than two days — Viacom Results Feed Media-Industry Selloff — Ad revenue falls 9%; stock drops 15% as sector sags — Viacom Inc. reported some of the weakest domestic advertising …
Discussion:
Variety, Ad Age, New York Times, Wall Street Journal, Re/code and CNBC