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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Facebook, VentureBeat, @brianstelter, CNNMoney, Mediaite, The Wrap, SocialTimes, TechCrunch, Ad Age, Forbes, USA Today, Hollywood Reporter, GeekWire, @alexia, @nathanjurgenson, Variety, Guardian, Wall Street Journal, Consumerist, Fortune, CNET, Fast Company, @jwherrman, Computerworld, @gaberivera, Business Insider, Bloomberg, Recode, @mikeisaac, Engadget, @ronlieber, Marketing Land, @mikeisaac, @baekdal, @alexjamesfitz, @mathieuvonrohr, @mikeisaac, @matthewknell, @nytimesbusiness, The Next Web, @petersterne, The Verge, @melbournecoal, Techvibes and TIME
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:
@jtuohey21, @markmilian, @politico_media, @jamesliamcook, @polly, @raju, @mylesudland, @brianstelter and @petersterne
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Brian Flood / The Wrap:
Tronc, formerly called Tribune, reports Q2 revenue of $405M, down 1.8% YoY
Discussion:
FishbowlNY, Nieman Lab, tronc, inc., Poynter, @daviduberti, @petersterne, Reuters, @daviduberti and Politico
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:
@dankennedy_nu, @tothevictor, @paulwiltshire, @universalhub, @kadzis, @abtran, @poynter and @benmullin
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.
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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:
Media Wire Daily, @jyarow, @itsdavidford, @thestalwart, @mikeisaac, @maxmgardner, @gerryfsmith, @iamanshul, @kenli729, @alexweprin and @petersterne
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.
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, @justin_b_smith, @digiday and @dbenk
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
Shan Wang / Nieman Lab:
Google is planning to make AMP links more prominent in its mobile search results, which could boost traffic to news sites — Still debating whether to make your #content AMP-compliant? Google is giving you by far your biggest nudge yet, and this one goes well beyond publishers.
Discussion:
Digiday, @richardgingras, @ftrain, @rosental, @dubois, @niemanlab, BetaNews, @niemanlab and The Tech Portal
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.
Discussion:
NetNewsCheck Latest and Fortune
Tamar Wilner / Columbia Journalism Review:
With key new hires, Texas Tribune continues to reach beyond political insiders — When talk turns to nonprofit journalism success stories, a few names tend to pop up—and the Texas Tribune is usually one. Launched in 2009, the Austin-based news outlet now boasts $6.5 million in annual revenue …
Discussion:
@mairalg, @laurencemiall, @evanasmith, @rosental, @amzam, @eramshaw and @jasonalcorn
Janko Roettgers / Variety:
Vevo Strikes Distribution Deal with Warner Music Group — Vevo is getting ready to fill a major gap in its catalog: The music video platform announced a licensing deal with Warner Music Tuesday, which will allow it to carry videos from Warner artists like Bruno Mars and Charli XCX.
Shan Wang / Nieman Lab:
The nonprofit Austin Monitor, a city-focused news site with close to 1,300 subscribers, extends its reach with event and content partnerships — Publisher Mike Kanin and editor-in-chief Elizabeth Pagano, the only two full-time employees at the hyperlocal Texas capital news site the Austin Monitor …
Discussion:
Medium and @digitalamysw
Jeffrey A. Trachtenberg / Wall Street Journal:
Sources: Time Inc. laying off around 110 people across the company — Move comes after significant restructuring by magazine publisher — Time Inc., which in recent weeks has undergone a major corporate reorganization and a retooling of its sales and marketing staff …
Discussion:
Reynolds Center, Ad Age, Media Wire Daily, @zzzzaaaacccchhh, FishbowlNY, The Wrap and @rafat
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