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6:40 AM ET, June 28, 2018

Mediagazer

 Top News: 
John Santucci / ABC News:
Sources: former Fox News co-president Bill Shine has accepted a White House role as deputy chief of staff for communications  —  Bill Shine, a former Fox News co-president, has accepted a role in the White House as deputy chief of staff for communications, multiple sources tell ABC News.
RELATED:
Brian Stelter / CNNMoney:
Ocasio-Cortez's win took mainstream publications like the NYT by surprise but progressive outlets like The Intercept had been covering the race for months  —  See moment Ocasio-Cortez realized victory  —  Alexandria Ocasio-Cortez is a brand new name to most voters.
Will Oremus / Slate:
Following changes to Facebook News Feed, Slate's traffic dropped 87% from 28M in January 2017 to 4M in May 2018  —  The social giant is retreating from the news business.  It's been a painful transition for publications that had come to depend on it—including Slate.
Alexandra Bruell / Wall Street Journal:
Roku launches Audience Marketplace for targeted TV advertising in the US, has signed up 21st Century Fox, WarnerMedia, and Viacom  —  Fox, Turner and Viacom to sell inventory in the marketplace  —  Roku Inc. ROKU -5.84% said it is launching a marketplace where TV networks can sell commercial space …
Marlee Baldridge / Nieman Lab:
Survey of broadcast TV and radio: women are better represented in TV newsrooms, but percentage falls in bigger markets; radio less diverse in 2017 than in 2016  —  While more women are taking on leadership roles in radio and TV, fewer people of color are working in radio and TV is nowhere near representative.
Lucia Moses / Digiday:
The Daily Beast launches a membership program, Beast Inside, priced at $100/year, offering readers access to a newsletter, podcast, crime series, more  —  The Daily Beast is creating a membership program, becoming the latest example of a publication to try to drum up new revenue from readers.
Discussion: Axios, The Daily Beast, MediaPost and Adweek
The Wrap:
Walt Disney Co. has won approval from the US Department of Justice in its $71.3B acquisition of Fox's film and TV entertainment assets  —  Walt Disney Co. has won approval from the U.S. Department of Justice in its $71.3 billion acquisition of Fox's film and TV entertainment assets, the company announced Wednesday.
RELATED:
Wall Street Journal:
Source: Comcast is exploring tie-ups with private equity firms or strategic partners to get access to capital in case bids for Fox assets reach $90B
Christine Schmidt / Nieman Lab:
A look at WaPo's The Lily after a year of aiming at millennial women: an eight-person team distributes content via email, IGTV, Facebook Watch, Apple News, more  —  “If someone says they love The Lily both for the stories and for the way it looks, that's what I'm going for."
Amy X. Wang / Rolling Stone:
Starting Friday, music charts in both the US and UK will give more weight to streams from subscribers using premium service tiers than those from free tiers  —  Britain changes the rules of its music charts after Billboard does the same in America  —  In two of the biggest music markets in the world …
Discussion: Reuters
Paul Farhi / Washington Post:
The Washington Post dismisses a reporter who was in her initial probation period for inadequately attributing material and parroting sentences from others  —  The Washington Post has dismissed a reporter for inadequately attributing material and closely parroting sentences from other publications …
Discussion: The Wrap
Tarleton Gillespie / Wired:
US Congress needs to reform Section 230 safe harbor provision because it is based on early ideals of the open web and wasn't designed for social media platforms  —  Content moderation is hard.  This should be obvious, but it's easily forgotten.  It is resource intensive and relentless …
 
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 More News: 
James C. McKinley Jr / New York Times:
Despite state shield law, New York state's highest court rules a NYT reporter has no right to appeal judge's decision forcing her to testify about an interview
Discussion: @danielleiat
Greg Dool / Folio:
Endeavor Business Media, led by former SouthComm Business Media CEO Chris Ferrell, acquires SouthComm's 17 B2B magazines, affiliated web sites, and events
Discussion: Nashville Post
Tony Romm / Washington Post:
Sources: Twitter CEO Jack Dorsey dined with and consulted Ted Cruz, Mercedes Schlapp, Sean Hannity, and others to assuage complaints of liberal bias
Davis Richardson / The New York Observer:
When asked for comment on stories, Milo Yiannopoulos told reporters he can't wait for “vigilante squads to start gunning journalists down on sight”
 Earlier Picks: 
Roberto Lovato / Columbia Journalism Review:
News outlets have covered the child separation crisis at the border as if it's a new scandal, failed to quote experts, and reported stories without context
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours
 
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