Top News:
Politico:
The Guardian announces US job cuts that will reduce headcount by 30%, due in part to low ad sales and revenue shortfall — Company will reduce headcount by 30% in the U.S. — Executives from The Guardian announced today that there will be cuts at the British news organization's U.S. operation …
Discussion:
Guardian, @sonachele1, @lkwhite, @joepompeo, @petersterne, @mlcalderone, @kelseymsutton, @mattbors, @michaelluo, @hshaban, @edmundheaphy, @maxwellstrachan, @jeremymbarr, @joepompeo, @mlcalderone, @margarita, @mlcalderone, @joepompeo, @nickbaumann, @alexweprin, @hadas_gold, @justinjm1, @biellacoleman and @petersterne
Kelsey Sutton / Politico:
Gallup poll: trust in mass media falls to 32%, eight points lower than in 2015, with only 14% of Republicans trusting it; overall level is lowest since 1972 — The American public's trust in the media in 2016 has fallen to its lowest point since at least 1972, according to a new Gallup poll released Wednesday.
Discussion:
Columbia Journalism Review, Fortune, Mediaite, FishbowlNY, TVNewser, Code Words, Vanity Fair, Washington Post, Business Insider, @mathewi, AOL, @jimgeraghty, CBS Boston, @laynier, @asgucciardi, @pmarca, @wikileaks, @arifleischer, Gallup, The Daily Caller, Talking New Media, @raju, @brianstelter, @owillis, @djgeoffe, @sarahcuda, @charlesmblow, @jayrosen_nyu, @znakit and CNNMoney
Anthony Crupi / Ad Age:
Rio Olympics brought $250M profit to NBC Universal due to 20% increase in ad sales, CEO Steve Burke says, despite ratings 15% lower than London Olympics — While the ratings for the 2016 Summer Olympics didn't quite measure up to NBC's early projections, the Peacock still managed to strut away …
Discussion:
Awful Announcing, Broadcasting & Cable, @poynter, The Wrap, Hollywood Reporter, Reuters, Radio & Television …, Variety and Deadline
Micah Singleton / The Verge:
Pandora rebrands $5/month Pandora One ad-free subscription service as Pandora Plus, adds unlimited skips and replays, offline mode — Pandora's free service is also getting some new features — As expected, Pandora has launched Pandora Plus, a rebranded and improved version of its $5-a-month Pandora One offering.
Discussion:
TechCrunch, Adweek, Business Insider, AppleInsider, The Drum, MacRumors, Business Insider, Fortune, Wall Street Journal, Radio & Television … and @timwestergren
Alan Neuhauser / US News:
Justice Department report: FBI may impersonate journalists in undercover probes with high-level approval; 2007 case of AP impersonation did not violate policies — The Department of Justice Office of Inspector General found no problem with an FBI policy permitting agents to pose as journalists.
Discussion:
The Huffington Post, Reuters, The Hill, @csoghoian, @razhael, @elizabeth_joh, @elizabeth_joh, The Verge, NewsCut, Motherboard, emptywheel and NPR
Brooks Barnes / New York Times:
Disney cuts about 250 jobs in consumer products and digital media as it continues its shift to game licensing and away from internal development — LOS ANGELES — Disney cut 5 percent of its consumer products and digital media staff on Wednesday, or about 250 jobs, a spokesman said …
Discussion:
Los Angeles Times, Variety, @kindofstrange, @floydbishop, @blarcade, @brooksbarnesnyt, Polygon, The Wrap, GeekWire and Gamasutra
Jemma Brackebush / Digiday:
New editors revamp Politico's Playbook newsletter, with color photos, graphics, and consistent delivery time; subscriptions are up 8% in the past two months — Two months on, the hand-over of Politico's free daily newsletter, Playbook, appears to be going well.
Discussion:
@wakeup2politics, @poynter, @asmith83, @breeshirvell, @james_dasilva, @cbudoffbrown, @apalmerdc, @digiday and @politicopress
Guardian:
BBC says new rules forcing it to reveal presenters' pay are “disappointing” and likely to cause a “massive headache” — Culture secretary says disclosure of those earning more than £150,000 will make corporation more ‘transparent and open’ as she launches draft charter
Discussion:
Telegraph, @mn_today, @mediaguardian, Engadget and @jamie_medhurst
David Uberti / Columbia Journalism Review:
Interview with Garret M. Graff on the reporting process behind his Politico story on Air Force One's flight on 9/11 — Courtesy George W. Bush Presidential Library and Museum — Politico Magazine's oral history of Air Force One's nerve-racking flight after the Sept. 11 attacks is more than just a fascinating story.
Discussion:
@benmullin, @simonw, @coryschouten, @daviduberti, @cjr, @thejradams, @j_fuller, @verambergen, @adamwren and @cjr
John Koblin / New York Times:
Fox News co-presidents Bill Shine and Jack Abernethy sign multi-year contracts, signaling that the network won't change its voice in the wake of Ailes' ouster — Fox News already doubled down on its leadership team last month when it announced that Roger Ailes's major deputies were being elevated into top positions at the network.
Discussion:
CNNMoney, @brianstelter, @antillaview, @brianstelter, @nytimes, @nytimesbusiness and @prashantrao
Todd Spangler / Variety:
HBO Now will launch on Sony's PlayStation 3 and PS4 game consoles; HBO and Cinemax are also coming to PlayStation Vue at $15 each per month — HBO, Cinemax also to be available on Sony PlayStation Vue over-the-top service for $15 monthly each — HBO Now, the premium cabler's standalone …
Discussion:
Forbes, Home Media Magazine, VentureBeat, Deadline, ComingSoon.net, Consumerist and iDigitalTimes.com
Todd Spangler / Variety:
Verizon and Hearst combine Complex Media, RatedRed.com, and Seriously.TV into digital video joint venture Complex Networks, with Rich Antoniello as CEO — Verizon and Hearst have named their digital-video networks joint venture Complex Networks, and they have put Rich Antoniello, formerly CEO of Complex, in charge of the operation.
Discussion:
FishbowlNY, @hearstcorp, @katebracco, VideoInk, Hollywood Reporter, Multichannel News and NetNewsCheck Latest
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