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 …
Discussion:
TechCrunch, Broadcasting & Cable, Fast Company, Bloomberg, Reuters, MarketWatch, Wall Street Journal, Business Insider, @awolk, @edmundlee, Fortune and 9to5Google
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Peter Kafka / Recode:
Source: Time Warner paid $580M for 10% Hulu stake, valuing company at $5.8B — After months of talks, Time Warner is buying a chunk of Hulu, the Web TV service. — The deal means Time Warner will be partners with existing owners Disney, 21st Century Fox and Comcast's NBCUniversal …
Discussion:
Broadcasting & Cable, @rosslevinsohn and @alexosterwalder
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.
Discussion:
Variety, New York Magazine, @katherinemiller, Inside Cable News, @sethmnookin, @jamilsmith, @nycjim, @taylorbuley, @oliverdarcy, @mazmhussain, @noahedavis, @tressiemcphd, @buzzfeedben, Mediaite, Talking Points Memo, Hot Air, Media Matters for America, @jayrosen_nyu, Business Insider, @jasonhitchcock, @pkafka, @patcaldwell, @hadas_gold, @shoq, @clarajeffery, @isaacdovere, @joeperticone, @scottbix, @buzzfeedandrew and TVNewser
Hadas Gold / Politico:
Senior producer of NBC's “Meet the Press”, Shawna Thomas, appointed Vice News Washington bureau chief — Shawna Thomas is leaving NBC for Vice News to become its Washington bureau chief, the company will announce on Wednesday. — Thomas is leaving NBC after 10 years with the network …
Discussion:
@tyrangiel, @halliejackson, @frankthorp, @buzzfeedben, @braddjaffy and @philiprucker
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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.
Discussion:
Columbia Journalism Review, The Daily Beast, @heybonanos, LawNewz, @thefree_lance, @gretchencarlson and @dylanbyers
Yoree Koh / Wall Street Journal:
NFL, Snapchat agree to multi-year partnership extension; NFL gets a Discover slot, will produce Live Stories for games; Snapchat will do most of ad-selling work — Football league to produce analysis, photos, videos for messaging app under extended partnership — The National Football League is huddling up with Snapchat Inc.
Discussion:
Variety, Recode, Adweek, Fortune, TechCrunch, SocialTimes, GeekWire, Business Insider, CNBC and Broadcasting & Cable
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
Janko Roettgers / Variety:
Instagram launches new “Stories” section, cloning Snapchat's Stories feature, with PewDiePie and other celebrities and social influencers onboard — Watch out, Snapchat: Instagram is gunning for you. — The Facebook-owned photo sharing service announced a major update Tuesday …
Discussion:
New York Times, Fortune, Softpedia News, Computerworld, Wall Street Journal, Forbes, Techcircle.in, @smc90, Ausdroid, Android Police, AOL, Mashable, @carleefriez, Tubefilter, Social, Vanity Fair, The Tech Portal, eMarketer and Newsroom Posts, Fstoppers, GeekWire, PAPERMAG, @maxvoltar, New York Magazine, TIME, Business Insider, SocialTimes, MacStories, Ad Age, Digiday, Adweek, The Next Web, Instagram Blog, 6abc.com, Recode, 9to5Mac, 9to5Google, AppAdvice.com Latest, PDNPulse and Techvibes
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:
@raju
Garett Sloane / Ad Age:
Facebook is testing giving publishers the option to run fifteen-second mid-roll video ads in Facebook Live streams — Fifteen-Second Commercial Breaks Appear During Live-Streams — Facebook has started running tests of mid-roll video ads inside live video broadcasts from top publishing partners, the company confirmed Monday.
Discussion:
Business Reporter, Digiday, The Wrap, BGR, Mashable, Consumerist, @anthonymaceroni, @dennishegstad and TechCrunch
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