Top News:
New York Times:
Facebook changes News Feed to automatically detect “clickbait” headlines, rank stories lower if they “withhold or distort information” — Facebook says it plans to marginalize what it considers to be “clickbait” news stories from publishers in its news feed …
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Wall Street Journal:
Viacom reports Q3 profit of $432M, down from $591M a year earlier, on revenue of $3.12B, with weak cable results; Dauman says legal battles are slowing deals — Profit slumps amid fierce battle for control of the media company — A legal battle for control of Viacom Inc. continues to hamper …
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The Wrap, The Wrap, The Wrap, CNBC, Reuters, files.shareholder.com, Broadcasting & Cable and USA Today
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Edmund Lee / Recode:
Sources: a potential Viacom board shakeup could change its approach to the internet, with BuzzFeed a potential acquisition target — It's the only major media company that hasn't made a big digital acquisition. — Viacom owns MTV, VH1 and Comedy Central, which means that at one time it …
Discussion:
@alexweprin, @maxmgardner, @gerryfsmith, @jyarow, @kenli729, @petersterne, @thestalwart, @iamanshul, @itsdavidford, @mikeisaac and Media Wire Daily
Peter Kafka / Recode:
Sources: Apple is talking to TV firms about building a TV guide for Apple TV and iOS, letting viewers browse available in-app content, play shows with one click — Tim Cook doesn't want to sell you TV anymore. He wants to tell you what's on TV. — Last year, Apple shelved its plan to sell you TV.
Discussion:
New York Times, @chrislhayes, Macworld, Daring Fireball, Business Insider, AppleInsider, Engadget, The Verge, Patently Apple, MacRumors and 9to5Mac
WGBH News:
In memo, Boston Globe editor Brian McGrory lays out plans for digital reinvention, asks how the paper can behave more like a startup, predicts layoffs — The Boston Globe has enlisted its newsroom's help in its ongoing reinvention, according to a memo from Editor Brian McGrory …
Discussion:
@tothevictor, @paulwiltshire, @dankennedy_nu, @universalhub, @kadzis, @abtran, @poynter and @benmullin
Peter Sterne / Politico:
Tronc is splitting into two separate business units for reporting purposes, troncM for media and troncX for exchange — Former Tribune Publishing will be broken into troncX and troncM — Tronc, formerly Tribune Publishing, is splitting itself into two separate business units for reporting purposes …
Discussion:
Nieman Lab, @markmilian, @polly, @raju, @brianstelter, @jtuohey21, @jamesliamcook, @mylesudland, @politico_media, FishbowlNY, @petersterne, The Wrap, Poynter, tronc, inc., @daviduberti, @petersterne, Reuters and @daviduberti
Brian Stelter / CNNMoney:
Murdochs confirm that Fox News will retain its current voice, preserving Roger Ailes' conservative view of the world — The Murdochs are sidestepping many of the questions swirling around Fox News in the wake of Roger Ailes' resignation. But they're being clear about one thing: Fox will retain Ailes' conservative view of the world.
Politico:
Kris Viesselman named editor in chief of Roll Call as part of a larger shakeup at company — Kris Viesselman, CQ Roll Call's senior director of digital content and new products, has been named editor in chief of Roll Call, part of a larger shakeup at the company.
Discussion:
Folio, PR Newswire and FishbowlDC
Associated Press:
Ukrainian site Myrotvorets publishes email archive allegedly from rebel official; some emails contain photos and travel IDs of local, international journalists — MOSCOW (AP) — A Ukrainian nationalist website has published what it says is an email archive with copies of IDs and personal data …
Discussion:
Radio Free Europe/Radio …, @stevekomarnycky, @stevekomarnycky, @de_c0d3r, @natvasilyevaap and @christopherjm
Max Willens / Digiday:
How Breaking Media has built a sustainable business platform with a limited audience, growing revenue 25-30% in each of the past 5 years — Digital publishing can look like an ecosystem where only the biggest can survive. But not everybody is doggedly chasing scale.
Discussion:
@jweb, @dbenk, @justin_b_smith and @digiday
Tom Dotan / The Information:
Sources: Snapchat's making new type of ad where users scan barcodes or other images to unlock sponsored content in app; one source says a fall rollout expected — Snapchat is working on a new type of ad that would allow people to use their smartphone cameras to unlock special sponsored content in the app.
Discussion:
@taylorlorenz, @scottstanchak, @theinformation and @amir
Jeremy Barr / Ad Age:
Time Inc. revenue slips to $769 million for Q2, down 1% YoY; the company expects to incur $35 million in costs related to ongoing reorganization — Time Inc. revenue slipped to $769 million in the second quarter, down 1% from the period a year earlier, the publisher said as it reported results on Thursday.
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