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1:25 PM 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 …
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Peter Kafka / Recode:
Time Warner buying 10% of Hulu for $583M, Time Warner CFO says during earnings call, will join Hulu's new pay TV service  —  This TV package is different from the rest.  —  After months of talks, Time Warner is buying a chunk of Hulu, the web TV service.  —  The deal means Time Warner …
Kate Rooney / CNBC:
Time Warner Q2 earnings: $1.29 a share, revenue down to $6.95B from $7.35B last year
Discussion: Variety and Fortune
Joseph Lichterman / Nieman Lab:
European publishers are teaming together to translate the news to reach broader audiences  —  If Brexit drove home any point, it's that the fates of Europe's countries are deeply intertwined.  Decisions made in Brussels — along with happenings in capitals across the continent — affect millions of people in dozens of countries.
Discussion: @benmullin and VoxEurop.eu
Anthony Ha / TechCrunch:
Crowdsourced news service Ripple acquires neighborhood news startup Hoodline; Hoodline Editor In Chief Eric Eldon will continue in role  —  Ripple has acquired Hoodline, a deal that combines two different approaches to covering local news.  —  Founded by former Viki CEO Razmig Hovaghimian …
Discussion: Recode, @jcstearns, @lock and @mgsiegler
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
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: hypebot and The Next Web
YouTube Blog:
YouTube Kids app now supports YouTube Red subscription service features in the US, Australia, and New Zealand, including offline viewing, ad-free videos  —  Back in October we launched YouTube Red, a paid membership that makes everything you love about YouTube even better …
Discussion: 9to5Google and Engadget
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.
Chris O'Shea / FishbowlNY:
The New York Times names Adam Bryant, ex-deputy editor on science desk, editorial director of its events division, NYTLive  —  The New York Times has named Adam Bryant editorial director of its event division, NYTLive.  —  Bryant was most recently a deputy editor on the Times' science desk.
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.
 
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 More News: 
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
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: 
Tobias Burns / Hollywood Reporter:
Funny or Die is cutting about 37 staffers and closing its San Mateo office
Discussion: Tubefilter, The Wrap and Variety