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10:20 AM ET, August 3, 2016

Mediagazer

 Top News: 
Todd Spangler / Variety:
Time Warner takes 10% stake in Hulu, joining Disney, 21st Century Fox, Comcast; Turner networks like CNN and Cartoon Network will be available at 2017 launch  —  Time Warner is taking a 10% stake in Hulu, joining previous owners Disney, 21st Century Fox and Comcast, and as part …
RELATED:
Kate Rooney / CNBC:
Time Warner Q2 earnings: $1.29 a share, revenue down to $6.95B from $7.35B last year  —  Time Warner reported quarterly earnings that beat analysts' expectations but revenues that missed on Wednesday.  —  The company posted second-quarter earnings per share of $1.29, compared to $1.25 per a share in the year-earlier period.
Discussion: Variety
Hadas Gold / Politico:
CNN president Jeff Zucker calls Vice and BuzzFeed native ad shops, not legitimate news organizations, praises former Trump campaign manager Corey Lewandowski  —  Corey Lewandowski is a great CNN contributor and Vice and BuzzFeed are not legitimate news organizations, CNN president Jeff Zucker says in Variety's latest cover story.
RELATED:
Ken Doctor / Politico:
With Tronc's Q2 earnings due, Gannet could up its $15-a-share bid for the company, probably to $18-20; Tronc may acquire video startup Fresco News  —  Time for another Tronc (Tribune Publishing) quarterly financial report.  Time for more intrigue.  And this time, we can ask …
Discussion: Vanity Fair, @kdoctor and @raju
Margaret Sullivan / Washington Post:
How New York Magazine's Gabriel Sherman owned the story about sexual harassment claims against Roger Ailes at Fox News: deep sources, persistence, and empathy  —  Journalists are highly competitive, but every once in a while, a reporter is so far out ahead on a continuing story that all the rest of us can do is acknowledge the obvious.
Andy / TorrentFreak:
Atlantic Records asks Supreme Court to force Reddit to identify user who leaked a song from the Suicide Squad soundtrack on the site  —  Music gets uploaded to the Internet every minute of every day, much to the irritation of recording labels.  Largely these uploads are dealt with via takedown notices …
Discussion: The Next Web
Jasper Jackson / Guardian:
Times soccer correspondent Tony Barrett, who quit after paper refused to put Hillsborough verdict on front page, appointed chief soccer writer of Joe.co.uk  —  Tony Barrett, who resigned after paper failed to put inquest verdict on its front page, to be website's chief football writer
Tobias Burns / Hollywood Reporter:
Funny or Die is cutting about 37 staffers and closing its San Mateo office  —  New CEO Mike Farah is making changes.  Comedy website Funny or Die is cutting approximately 37 staffers and closing their San Mateo, Calif., office, a company spokesperson said Tuesday.
Discussion: Variety, Tubefilter and The Wrap
 
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 More News: 
Josh Gerstein / Politico:
Matthew Keys ordered to prison on Thursday for conviction in 2010 Los Angeles Times hack, asks Obama for reprieve and reforms to Computer Fraud and Abuse Act
Discussion: @taylorbuley
 Earlier Picks: 
Garett Sloane / Ad Age:
Facebook is testing giving publishers the option to run fifteen-second mid-roll video ads in Facebook Live streams
Janko Roettgers / Variety:
Instagram launches new “Stories” section, cloning Snapchat's Stories feature, with PewDiePie and other celebrities and social influencers onboard