Top News:
Jacob Kastrenakes / The Verge:
Disney to end Netflix film distribution deal in 2019, will launch ESPN streaming service in 2018 and Disney streaming services in 2019 — Disney will end its distribution deal with Netflix and launch its own streaming service, the company announced today. It intends to launch the service in 2019.
Discussion:
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The Walt Disney Company:
Disney will pay $1.58B to acquire additional 42% stake in BAMTech, making it a majority stakeholder — The Walt Disney Company announced today that it has agreed to acquire majority ownership of BAMTech, LLC and will launch its ESPN-branded multi-sport video streaming service in early 2018 …
Discussion:
Forbes, TechCrunch, NPR, MacRumors, Fortune, CNBC, Financial Times, MediaNama, BetaNews, FierceCable, The Walt Disney Company, 9to5Mac, TechCrunch, The New York Observer, Engadget, Business Insider, The Hill, GeekWire, LAist, Gizmodo, The Verge, The Week and @mattzeitlin, more at Techmeme »
Cynthia Littleton / Variety:
Disney's Iger: strategic shift to streaming is both a defensive and offensive move that will include sacrifices, but is ultimately a better model — Disney is ready to deploy some of the company's crown jewels — Disney- and Pixar-branded movies and ESPN — in an effort to position itself …
Discussion:
Broadcasting & Cable, The Verge, Ad Age, Forbes, Wall Street Journal, The Guardian and The Week
Sydney Ember / New York Times:
Sinclair's bid to buy Tribune Media draws opposition from advocacy groups, Dish Network, and conservative outlets including Newsmax, OANN, and The Blaze — The Sinclair Broadcast Group's proposed acquisition of Tribune Media has ignited expected opposition from left-leaning advocacy groups …
Discussion:
HuffPost, @brucebartlett, Free Press, @melbournecoal, Media Matters for America and Variety
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Georg Szalai / Hollywood Reporter:
Tribune Media reports a Q2 loss of $30.4M, compared with a year-ago loss of $161.6M, and quarterly revenue dropping 2% to $469.5M — Programming costs at the firm, which Sinclair has agreed to buy, rose, including $20 million of “additional expense related to the strategic shift toward …
David McCabe / Axios:
Techdirt receives $250K+ from a group of wealthy backers, including Craig Newmark, to support its legal battle with Hulk Hogan's lawyer Charles Harder — An eclectic group is financially backing TechDirt, a tech news site being sued for libel by the same lawyer who who helped take down Gawker.
Discussion:
Nieman Lab, @jackshafer, @jason_kint, Talking Biz News, @dmccabe and @niemanlab
Melody Kramer / Poynter:
Interview with Jacob Hoffman-Andrews, EFF's senior staff technologist, on increasing user trust by decreasing the use of third-party trackers — Last year, Steven Englehardt and Arvind Narayanan at Princeton University looked at the top 1 million sites on the internet and found …
Discussion:
Journalism.co.uk
Alexios Mantzarlis / Poynter:
Mozilla launches the Mozilla Information Trust Initiative, with the aim of combatting online misinformation through new products, research, more — Mozilla, the nonprofit organization behind the Firefox browser, announced today a new program to combat online misinformation.
Discussion:
The Mozilla Blog
David Faber / CNBC:
Sources: French telecom giant Altice and its US subsidiary, Altice USA, are working on a bid for Charter Communications — - The French telecom giant and its U.S. cable subsidiary, Altice USA, are working on an offer to buy Charter, according to people close to the situation.
Discussion:
Business Insider and FierceCable
Greg Sargent / Washington Post:
President Trump continues tweeting against The Washington Post and The New York Times in apparent effort to delegitimize outside sources of information — THE MORNING PLUM: — In recent days, President Trump has escalated his assaults on the “Fake News” media and other institutions …
Kim Masters / Hollywood Reporter:
Interview with John Stankey, the current head of AT&T's entertainment group who will run Time Warner post-acquisition — “Investment in content is going to increase,” says John Stankey in his first interview since being named to oversee HBO, Warner Bros. and CNN as he reveals …
Chris Ariens / Adweek:
Bloomberg to launch management consultancy unit using data from terminals, research arms, and analysts, will charge businesses $150K-$200K/month — Tapping its deep resources to provide consulting services for businesses — Bloomberg is leveraging its vast reach in financial data …
Alvin Chang / Vox:
Analysis of 17 months of Fox and Friends transcripts shows how hosts speak to Trump, including using “we” statements, using “the president” not by name — How the Fox morning show evolved into Donald Trump's posse. — It was 6 am, just a few weeks after Donald Trump …
Discussion:
Washington Post, Politico, @jayrosen_nyu and bookforum.com
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Amanda Holpuch / The Guardian:
Less than 24 hours after criticizing the NYT on Monday night for using anonymous sources, Trump tweeted a link to a Fox News segment citing anonymous officials
Less than 24 hours after criticizing the NYT on Monday night for using anonymous sources, Trump tweeted a link to a Fox News segment citing anonymous officials
Discussion:
Bustle, MSNBC, Washington Post, Press Association, Axios, Business Insider, Mediaite, The Daily Caller, Fox News, CNNMoney and AFF