Top News:
Akin Oyedele / Business Insider:
Disney reports mixed Q2 results with net income of $2.4B, up 11% YoY, on $13.3B revenue, up 3% YoY; media networks operating income fell 3% — Walt Disney on Tuesday reported profits that topped expectations, but revenues that fell short of forecasts amid continued weakness at ESPN.
Discussion:
Broadcasting & Cable, The Wrap, Fortune, The Wrap, Ad Age, @benfritz, @pkafka, @lamonicabuzz, Investor's Business Daily and The Walt Disney Company
Hannah Al-Othman / BuzzFeed:
UK's Labour Party denied BuzzFeed access to its campaign events on Tuesday and said contact with party leader Corbyn would be limited for rest of campaign — Corbyn also claimed to BBC News that he had not told BuzzFeed News he would stay on as leader even if he lost the election.
Discussion:
BuzzFeed, @buzzfeedben, BBC, @thattimwalker, Coffee House, @aljwhite, @ccriadoperez, @joefcozza, @jimwaterson, @jamesrbuk, @buzzfeedukpol, @conorpope, @gabrielcsgavin, @janinegibson, @gelliottmorris, @davidmaraniss, iNews, Press Gazette, Business Insider, The Guardian, Guido Fawkes and Daily Mail
The Irish News:
Amazon launches Prime Live Events in UK, with exclusive tickets for members beginning with Blondie concert May 23; all shows will be available on Prime Video — Amazon has launched a live event programme for members of its Prime scheme to give them exclusive access to live music and other shows.
Discussion:
The Guardian, @sarahdrinkwater, CNET, TechRadar.com, Music Industry Blog, campaignlive.co.uk, The Drum and Fast Company, more at Techmeme »
Carli Velocci / The Wrap:
Memo: AwesomenessTV hires Jordan Levin, formerly CCO at the NFL Network, as CEO — Jordan Levin has been named the CEO of AwesomenessTV — a multimedia company that produces cross-platform content for younger audiences, TheWrap has learned. — Levin was introduced to employees Tuesday …
Discussion:
Hollywood Reporter, TVWeek.com, Variety and Tubefilter
Press Association:
Rupert Murdoch ‘not worried’ about Fox News despite sexual harassment claims — Rupert Murdoch has said he is “not worried” about Fox News despite allegations of sexual harassment at the broadcaster. — The billionaire head of 21st Century Fox, which owns Fox News, said there was “nothing happening” at the station.
Discussion:
Mediaite, Variety, Broadcasting & Cable, Washington Post, The Wrap, iNews, Talking Points Memo, TVNewser, Radio & Television … and Deadline
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Georg Szalai / Hollywood Reporter:
Discovery Communications Q1: earnings of $215M, down 18% YoY, revenue up 3% to $1.61B, US ad revenue up 1%, and a slight decline in subscribers — CEO David Zaslav and his team unveil the cable networks company's latest financials. — Discovery Communications, the company behind …
Discussion:
The Wrap, Multichannel News and Variety
RELATED:
Ben Thompson / Stratechery:
To survive, local news should pivot away from advertising and focus instead on building subscriptions, a move that will reduce costs — It's hardly controversial to note that the traditional business model for most publishers, particularly newspapers, is obsolete.
Discussion:
@bryandevasher, @noahchestnut, @pottsmark, @mathewi, @newsmary, @mbrauchli, @vouchey, @eldon, @stratecherymo, @niemanlab and @taylorbuley
Benjamin Mullin / Poynter:
Reuters names its first Rust Belt correspondent, its national affairs writer Tim Reid; he'll cover America's Midwest and Southeast, rotating through cities — After Donald Trump's election, the media whipped itself in public for failing to recognize just how much support he had outside of America's biggest cities.
Discussion:
@jayrosen_nyu, @jcstearns, @youngsinick, @sarahkendzior and @rwfreeman
David Gilbert / VICE News:
Facebook censors video of Thailand's king, blocking it for Thai users, as the government says it violates the country's laws banning criticism of the monarchy — Facebook confirmed to VICE News that last week it blocked anyone in Thailand from accessing the video showing 64-year-old King …
Kristine Phillips / Washington Post:
Bob Owens, editor of the popular pro-gun blog BearingArms.com, died on Monday in an apparent suicide — Bob Owens, editor of the popular pro-gun blog BearingArms.com, died Monday in an apparent suicide, authorities say. — Owens was found around 11 a.m. near a stop sign outside his subdivision …
Discussion:
@damianpenny, @sistertoldjah, @jaketapper, @capactionguns, @vpcinfo, @davidhaleespn, Bearing Arms, @camedwards and The Daily Caller
Jessica Davies / Digiday:
Spiegel Online has assembled a team of 10 employees to create daily editions on Snapchat Discover, which Snap recently launched in Germany — Snapchat Discover is just two weeks old in Germany, but publisher Spiegel Online is betting big on the platform to reach the app's coveted young audience.
Sarah Perez / TechCrunch:
Tubi TV raises $20M Series B led by Jump Capital for its ad-supported streaming service, which has hits from years past like Silence of the Lambs and Gladiator — San Francisco-based Tubi TV has raised an additional $20 million for its advertising-supported streaming service for TV and movies.
Discussion:
Wall Street Journal, Variety and Cord Cutters News, more at Techmeme »
David Leonhardt / New York Times:
In contrast with American journalists' approach to the Clinton email story, French journalists exercised sound judgment in covering the Macron hack — The hacked emails from Emmanuel Macron's French campaign appear to be spectacularly mundane, according to people who have read them.
Discussion:
@nytopinion, New Yorker, AOL and Fortune
RELATED:
Rachel Donadio / New York Times:
The Macron hack had little effect on the French election likely due to bereft coverage and an absence of a robust right-wing broadcast media
Discussion:
@johnwren1950, Washington Post, Refinery29, @kylegriffin1, @nytimes, @nytimes, Observer, @shibleytelhami, @sewellchan, @bfriedmandc, @jonfavs, The Wrap, Al Jazeera English and Fortune
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