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Sources: James Murdoch, mentioned as possibly taking a senior position at Disney after it buys 21st Century Fox, plans to strike out on his own if deal closes — 21st Century Fox CEO had been mentioned as possibly taking senior position at Disney; plans possible venture-capital fund
Discussion:
New York Times, @keachhagey, Multichannel News, @jbflint and @jbflint
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Disney beats with Q2 revenue of $14.55B vs. $14.11B expected; all divisions beat except for consumer and interactive, which earned $1.08B vs. $1.14B expected
Discussion:
USA Today, The Wrap, CNBC, MediaPost, CNBC, The Wrap, Fast Company, Deadline, @cnbcnow, Walt Disney Company and @lucas_shaw


Amid its Time Warner merger, AT&T confirms it paid Trump's personal lawyer Michael Cohen for “insights” on administration in 2017 — AT&T confirmed Tuesday evening that it paid President Trump's personal lawyer Michael Cohen in 2017 for “insights into understanding the new administration.”
Discussion:
CNBC, The Wrap, CNN, @eorden, Wall Street Journal, @evanperez, @brianstelter, @alexisgoldstein, @christinawilkie, @nycsouthpaw, @hadas_gold and Terry Wickwire, more at Techmeme »


Univision has been in decline for years, with a shark-obsessed boss, millions wasted on consultants, and an executive who insisted on publishing softcore porn — This is the story of how corporate raiding, complacency, excess, and incompetence are gutting a media company that matters to tens of millions of people.


Facebook bans foreign spending on ads about Ireland's May 25 abortion referendum, enables Irish users to see all ads any advertiser is running — Facebook has announced it has stopped accepting ads paid for by foreign entities that are related to a referendum vote in Ireland later this month …
Discussion:
New York Times, The Irish Times, @lornabogue, BBC, CNNMoney, Financial Times and The Daily Caller, more at Techmeme »
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Facebook unveils 20 issues that will require more disclosure from advertisers targeting the US to help label and place the ads in a political ad archive — Facebook will require extra checks from people buying advertisements on political issues ranging from abortion and guns …
Discussion:
Facebook, MediaPost, Politico, Multichannel News and Axios


SEC filing: MoviePass parent Helios and Matheson Analytics had $43.4M on hand on April 30, average cash deficit of $21.7M/month since Sept.; stock down over 30% — - On Tuesday, MoviePass' parent company, Helios and Matheson Analytics, said in a filing with the Securities and Exchange Commission …
Discussion:
Gizmodo, Bloomberg, Fortune, 9to5Mac, New York Post, @natemcdermott, @newsynick, @trengriffin, The Playlist and @jasonguerrasio


Vodafone to buy some of cable giant Liberty Global's European assets, including operations in Germany, Hungary, Romania, and Czech Republic, for €18.4B — Deal includes operations in Germany, Hungary, Romania and Czech Republic, would create one of the continent's biggest telecommunications carriers
Discussion:
The Guardian, Telegraph, Sky News, Financial Times, BBC, Vodafone, Broadband TV News, Broadband TV News, City A.M. and LegalWeek.com, more at Techmeme »


The NBA and Intel announce plans to jointly evaluate tech startups for investment and collaboration, seeking to “create a new immersive media world” — Forbes Staff I cover sports business with rare dips into b-schools, local economies — LeBron James hits the game-winning shot …
Discussion:
TechCrunch and VentureBeat, more at Techmeme »

NewsWhip data shows Facebook's algorithm changes have adversely affected the engagement rates of quality news sources like the NYT and NBC — Some recent data on the best-performing news brands on Facebook seems to show that high-quality new sources are getting less engagement on Facebook …
Discussion:
@kevinroose, @astroehlein, @altrabbi, @jacobwe, @caseynewton, @davidfrum, @danpfeiffer, Mashable and Fast Company


Christiane Amanpour named as Charlie Rose's official replacement — Christiane Amanpour will officially replace Charlie Rose on PBS stations across the country. — The move was made official at the public broadcaster's annual meeting on Tuesday. It has been in the works for five months …
Discussion:
The New York Observer, Hollywood Reporter, HuffPost and TV Tattle


Analysis of Apple's job listings suggests that the company appears to be investing in a newsroom, recruiting for staff positions like Politics Editor — There's a certain air of mystery as to what Apple ($NASDAQ:AAPL) is up to when it comes to content. In March, Apple acquired digital …
Discussion:
9to5Mac, more at Techmeme »


Q&A: Richard Turley, Mia Kerin, and Lucas Mascatello on their newly launched NYC-focused magazine Civilization, a focus on text, and a diarist approach to news — We speak to the three editors who just launched the first issue - a text-obsessed New York-focussed magazine covering everything …