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5:40 AM ET, July 12, 2018

Mediagazer

 Top News: 
Sara Fischer / Axios:
Facebook will roll out news shows for Facebook Watch from July 16, with the lineup including shows from CNN, Fox News, Quartz, Bloomberg, Univision, ATTN:, Mic  —  Facebook will launch a slate of video shows on its video platform, Watch, on July 16.  —  Why it matters: The tech giant …
Todd Spangler / Variety:
YouTube TV went down during a crucial World Cup match, the second such outage since it went down during an NBA game in May  —  YouTube TV, Google's internet-delivered subscription TV service, was hit with nationwide outages — right in the middle of the 2018 World Cup semifinal match between England and Croatia.
Gene Maddaus / Variety:
The Weinstein Co. lays off over 20 employees of a remaining staff of 70 two days before it plans to close its $289M bankruptcy sale to Lantern Capital  —  The Weinstein Co. is laying off more than 20 employees on Wednesday, two days before it closes its $289 million bankruptcy sale to Lantern Capital.
Discussion: The Wrap
Marlee Baldridge / Nieman Lab:
A look at PressPad, which aims to match people who get journalism internships in London, but can't afford housing, with an industry host  —  It's a longstanding quandary for aspiring journalists: How can I get housing in the big city for just a few weeks, while I'm paid nothing or close to it?
Louise Matsakis / Wired:
Twitter says over the next week it will adjust users' follower counts to no longer include locked accounts, dropping Twitter's combined follower count by ~6%  —  Perhaps a healthier Twitter is one with smaller follower counts—even if that comes as a blow to your ego.  That's what the company is hoping, anyway.
Reuters:
Sources: Apollo Global Management has approached Nexstar, which owns TV stations that reach nearly 40% of US households, to express interest in acquiring it  —  (Reuters) - Buyout firm Apollo Global Management LLC (APO.N) has approached Nexstar Media Group Inc (NXST.O) …
RELATED:
Washington Post:
UK watchdog gives Facebook a preliminary fine of about $664,000, the maximum allowed, for letting Cambridge Analytica access data about millions of people
Stefanie Fogel / Variety:
Blizzard Entertainment announces exclusive multi-year agreement for live TV coverage of its professional esports league for Overwatch with ESPN and Disney  —  The Overwatch League quarterfinals start Wednesday, July 11 at 8 p.m. ET and fans can now watch all of the action on ESPN, Disney …
Discussion: CNBC
Bloomberg:
Comcast increases its offer for Sky to £14.75 per share, valuing Sky at £26B, following Fox's increased bid to £14 per share  —  Comcast Corp. increased its takeover bid for Sky Plc, topping an offer from Rupert Murdoch's 21st Century Fox Inc. and escalating a global standoff between the media giants.
Paul Farhi / Washington Post:
Mark Halperin and John Heilemann are in negotiations over material for a follow-up “Game Change” book and TV-mini series, most of which Halperin holds  —  Until their split last year, Mark Halperin and John Heilemann were the golden boys of American political journalism.
Georg Szalai / Hollywood Reporter:
Writing in the BBC's annual report, the corporation's Chairman David Clementi says British content faces a threat from the “west coast of America”  —  The U.K. public broadcaster in its annual report says BBC Worldwide, which after the end of the fiscal year was merged with its production arm …
Discussion: The Guardian
RELATED:
Mark Sweney / The Guardian:   BBC's annual report reveals that just two of the corporation's top 20 highest paid stars are female, despite efforts to address gender pay gap
 
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 More News: 
Lucas Matney / TechCrunch:
Penrose Studios, which makes narrative-based VR content, raises $10M Series A led by TransLink Capital with Marc Benioff, Will.i.am, and others participating
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From Techmeme:

Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters

Jeffrey Dastin / Reuters:
Intel scraps forecast of selling $500M+ worth of Gaudi AI accelerator chips in 2024, with CEO Pat Gelsinger citing chip transition and slower uptake to software

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval

 
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