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9:15 AM ET, July 10, 2018

Mediagazer

 Top News: 
Issie Lapowsky / Wired:
YouTube says it will invest $25M in grants to news organizations looking to expand video operations as part of Google's larger $300M Google News Initiative  —  FOLLOWING A YEAR in which YouTube has repeatedly promoted conspiracy theory videos during breaking news events like the shootings in Parkland …
RELATED:
YouTube Blog:
YouTube overhauls how it handles breaking news, adding previews of articles from credible sources, showing info from third parties, testing local news in TV app  —  The work of trusted journalistic organizations is as critical as ever, especially when it comes to seeking information about current events online.
Michelle Castillo / CNBC:   YouTube taps six popular YouTubers to teach teens about false news and is creating a group of news advisers including Vox Media, Brazil's Jovem Pan, India Today
Lloyd Grove / The Daily Beast:
NYT's Dean Baquet acknowledges that four stories in six days on Alan Dershowitz being “shunned” was too much: “We should have coordinated better and done fewer”  —  Even publicity-savvy, Alan Dershowitz is astonished at the flood-the-zone coverage that The New York Times …
Travis M. Andrews / Washington Post:
Billboard's latest record-breaking chart numbers reveal the challenges it faces in figuring out a streaming equivalent to an album purchase or a song download  —  Drake and Kanye West — two reigning kings of pop music — both flooded the American consciousness with music this summer in strikingly different manners.
Freddy Mayhew / Press Gazette:
A reporter hired to cover local politics, as part of BBC's “Local Democracy” partnership with regional papers, was fired after complaint from local politician  —  A Local Democracy Reporter has been dismissed one month after being given the role in North Yorkshire following …
Rishi Iyengar / CNNMoney:
WhatsApp is using newspapers to fight fake news in India, taking out full-page ads offering news literacy tips in leading English-language and Hindi titles  —  Here's why quitting Facebook is so hard  —  WhatsApp is using old media to tackle its misinformation problem in India.
Discussion: @aroondeep and Techdirt
Peter Kafka / Recode:
Excerpts from AT&T executive John Stankey's talk with HBO staff: “I want to see more investment in product and platform”  —  John Stankey had a lot to tell Richard Plepler and his team last month.  You can read (almost) all of it here.  —  Did the AT&T executive in charge …
Matthew Ball / @MediaREDEF:
Netflix's content spend is not reckless, its strategy to accrete paid users' leisure time gives it an edge over free content platforms like Facebook, YouTube  —  Even when underestimated, Netflix's ever-escalating, industry-leading content spend remains a point of fear and fascination in the media industry.
Meg James / Los Angeles Times:
LAT Executive Editor Norman Pearlstine names leadership team: Scott Kraft, Kris Viesselman, and Kimi Yoshino, who was suspended briefly under Lewis D'Vorkin  —  Los Angeles Times Executive Editor Norman Pearlstine on Monday unveiled his leadership team that includes newsroom veterans and a newly hired editor.
Charles V. Bagli / New York Times:
Disney is selling its West 66th Street location in Manhattan for $1.16B and is acquiring 99-year rights for land at 4 Hudson Square in a deal valued at $650M  —  In a move that could speed the transformation of two Manhattan neighborhoods, the Walt Disney Company said on Monday that it would move …
Shan Wang / Nieman Lab:
Newsletter startup Substack now has 11K paying subscribers, with revenue split between 10 medium-sized publications  —  On average, they're paying just under $80 per year.  About 40 or so indie publishers with paid offerings are making what Substack calls “meaningful money.”
 
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 More News: 
Sam Forsdick / Press Gazette:
The BBC is experimenting with Instagram TV in an attempt to reach younger viewers, with one of its videos garnering ~60K views and 60 comments after a week
The New York Times Company:
Recode's Editor-at-Large Kara Swisher will begin contributing regularly to the New York Times' Opinion section beginning in August
Todd Spangler / Variety:
Turner Sports Names Hania Poole GM of Bleacher Report Live, SVP of NCAA Digital
Discussion: MediaPost and Multichannel News
 Earlier Picks: 
CNN:
Disgraced Hollywood producer Harvey Weinstein pleaded not guilty to three additional sex crime charges in a Manhattan court on Monday
Discussion: The Wrap
Mark Di Stefano / BuzzFeed:
Sources: The Times sacked award-winning reporter Peter Yeung for publishing concert and travel reviews on its site in return for free tickets and travel
Jason Easley / POLITICUSUSA:
The media value of live coverage of Trump rallies: from April 28 to July 5, CNN gave Trump no free advertising, MSNBC gave $56.7K worth, Fox News gave $15.1M
Discussion: Washington Post
Antoni Slodkowski / Reuters:
Myanmar court charges two jailed Reuters journalists for violating the Official Secret Act, moving case into trial stage after 6 months of preliminary hearings
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Shashwat Chauhan / Reuters:
The US CFTC announces that spot crypto asset contracts will begin trading for the first time on CFTC-registered futures exchanges

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

 
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