Mediagazer: Baidu's video streaming service iQiyi says its Q2 loss more than doubled to ~$316.9M on ~$932.5M revenue and reported 66.2M paid subscribers as of June 30 (Maria Armental/Wall Street Journal)

10:40 PM ET, July 31, 2018

Top News:

Sources: Facebook has alerted Congress to new coordinated political influence campaign, with dozens of inauthentic accounts and pages, ahead of midterms — WASHINGTON — Facebook is preparing to announce that it has identified a coordinated political influence campaign …

Deadline:

Filing in NAI suit accuses CBS CEO Les Moonves and others of destroying evidence by using TigerText messaging; CBS says execs followed security team's advice — Less than 24 hours after the CBS Board of Directors let Les Moonves stay in his job despite sexual misconduct allegations …

Discussion: Variety, Wall Street Journal, The Wrap, Bloomberg, The Wrap, Ad Age, Variety, Hollywood Reporter, Delaware Chancery Court, Variety and TVWeek.com

Heloise Wood / The Bookseller:

Simon & Schuster US CEO Carolyn Reidy releases statement of support for Leslie Moonves, saying description of him in New Yorker story is “not recognisable” — Simon & Schuster US president and c.e.o. Carolyn Reidy has spoken out in support of CBS head Leslie Moonves following …

Discussion: New York Times, The Wrap, NBC News, FOX News Radio and @davidenrich

Megan Garber / The Atlantic:
When accused of sexual misconduct or harassment, men from Les Moonves to Tom Brokaw and Al Franken have been backed by women that “know them”

Discussion: New York Post, Multichannel News, The Wrap, Slate, @monicahesse, @kellysue, @lainnafader and @theferocity

Patrick Shanley / Hollywood Reporter:
Colbert reacts to Moonves news: “Accountability is meaningless, unless it's for everybody, whether it's the leader of a network or the leader of the free world”

Discussion: Variety, Variety, @bristei, CNNMoney, Vulture, The Week, The Wrap, @pshanley88, Variety, @frankpallotta and @frankpallotta

Michael M. Grynbaum / New York Times:

The New York Times names Clifford Levy as metropolitan editor, succeeding Susan Chira, who filled in when Wendell Jamieson resigned after probe into misconduct — The New York Times said on Tuesday that Clifford J. Levy, a two-time Pulitzer Prize-winning reporter and a leader …

Discussion: @cliffordlevy, Vanity Fair, @ylichterman, @samdolnick, @marclacey and @nytimespr

Washington Post:
A profile of New York Times Publisher A.G. Sulzberger, following his tussle with Trump over the President's characterization of their July 20 meeting

Discussion: @caseyparks, @sophiekleeman, @redsteeze, @jpodhoretz, @taffyakner, @mrdanzak, @caseyjohnston, @samdolnick and @mrdanzak

Jason Schwartz / Politico:
Press freedom organizations say Trump's rhetoric on “fake news” has been adopted by dictators globally and led to a bigger clampdown on journalists

Discussion: Politico, BuzzFeed News and @kirschenbaumj

Frederic Lardinois / TechCrunch:

Google says it's working with news organizations, including ProPublica, to surface data from data journalism projects in search results — Google today announced that it is working with a number of news organizations to surface more data from their data journalism projects in its search results.

Discussion: The Keyword, 9to5Google and MediaPost, more at Techmeme »

Manuel Roig-Franzia / Washington Post:

For the past 19 months, renowned investigative journalist Bob Woodward has been quietly working on a book about Trump, due to be released on September 11 — In the worldwide capital of leaks and anonymous dishing that is Washington, secrets can be almost impossible to keep.

Discussion: Simon & Schuster, Washingtonian, Fortune, @swin24, @dlstoke, @metroadlib, @markberman, @mrdanzak, @chrisgeidner, @costareports, @jaketapper, @philiprucker, @mlcalderone, Newser and Deadline

Shan Wang / Nieman Lab:

Blockchain journalism startup Civil and Splice Newsroom launch $1M fund with aim of creating 100 media startups in Asia over the next three years — Here's some news about tangible money. — Civil, the earnestly hopeful, sometimes scorned, promise-filled blockchain-crypto journalism startup that's managed …

Discussion: TechCrunch, @rishadist, @kixes, @megclement, @robertsonholly, @gijn, Splice and Civil

Max Seddon / Financial Times:

28 staff members at Russia's edition of Forbes lobby to stop the appointment of a new editor and say the deletion of an article from print version violated law — Staff at Russia's edition of Forbes magazine are in open revolt against their publisher over claims of censorship and have appealed …

Discussion: Talking Biz News, @maxseddon and @dmitryzaksafp

Axios:

Sources: Yahoo Finance is launching a full-day live video streaming network by the end of the year, that will include market and global financial news updates — Yahoo Finance is launching a full-day live video streaming network by the end of the year, three sources familiar with the plans tell Axios.

Discussion: @stevekovach and @jasonabbruzzese

Maria Armental / Wall Street Journal:

Baidu's video streaming service iQiyi says its Q2 loss more than doubled to ~$316.9M on ~$932.5M revenue and reported 66.2M paid subscribers as of June 30 — Driving Baidu's growth is artificial intelligence — Baidu Inc.'s BIDU -1.68% revenue reached a record $3.93 billion in the June quarter …

Booth Moore / Hollywood Reporter:

Condé Nast CEO Bob Sauerberg says Anna Wintour is staying at the company, despite rumors she would retire amid company restructuring — The speculation is over, at least for now. — Will she or won't she? The fashion industry has been waiting with baited breath to see if Anna Wintour …

Discussion: @condenast

Julia Alexander / Polygon:

Social media has shifted from a distraction where comedians found success to a political conversation where old jokes can lead to the end of careers — How jokes became ammo during the social media platform's shift from distraction to political warzone — How do you make a dead baby float? You take your foot off its head.

Discussion: @polygon, @karaswisher and The Daily Beast

Rick Edmonds / Poynter:

McClatchy Q2 earnings signal continued tough times for newspapers: loss of $20.4M on revenue of $204M, ad revenue falls to $107M from $125M last year — Unsurprisingly, McClatchy added a new chapter to the hard-luck story of the company and the legacy newspaper industry with its second quarter financial results, announced Friday.

Discussion: Nieman Lab and McClatchy

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More News:

Daniel Holloway / Variety:
Sources: three top executives leaving National Geographic Partners, the joint venture between 21st Century Fox and National Geographic Society, due to a reorg

Discussion: The Wrap

Steven Perlberg / BuzzFeed News:
The Observer, owned by a Kushner family trust, cuts ties with pro-Kremlin freelancer Mikhail Klikushin, who wrote about 100 stories since 2014, mostly on Russia

Discussion: @perlberg

Max A. Cherney / MarketWatch:
Pandora beats with $384.8M in Q2 revenue, up from $378.8M YoY, a net loss of $92M, down from $289.7M YoY, reports ~6M subs to Pandora Plus and Pandora Premium

Discussion: Business Wire and Reuters, more at Techmeme »

Reuters:
Two Russian journalists and one Ukrainian journalist were killed in the Central African Republic by unidentified assailants, local officials say

Discussion: @juliaioffe, @arictoler, @billbrowder, @mortis_banned, @juliaioffe and @juliaioffe

Paul Demko / Politico:
How Mike Lacey and Jim Larkin went from being the owners of alternative weeklies to the creators of Backpage.com and the First Amendment's role in their journey

Daniel Funke / Poynter:
Snopes Managing Editor Brooke Binkowski has been fired from the site, but she isn't sure why, after conflicting explanations from CEO David Mikkelson

Discussion: @rogueepastaff, @petersterne and @niemanlab

Vulture:
truTV orders an unscripted weekly series from New York Magazine's Vulture website, a comedic awards show that “honors the week in pop culture”

Earlier Picks:

Todd Spangler / Variety:
In 2019 PGA Tour's live-streaming subscription service will move to NBCUniversal from ESPN+ and BAMTech under new three-year deal

Discussion: Broadcasting & Cable

Trey Williams / The Wrap:
MoviePass raises its monthly subscription fee to $15 and will limit access to blockbuster films during their first two weeks in theaters

Discussion: Variety, MediaPost, /Film, IndieWire and The Mary Sue

David Beard / Poynter:
Following its national tour last year, HuffPost is hosting events in six cities, including Boise, Reno, and San Diego, ahead of the November elections

Discussion: @hilella, @aterkel, @lpolgreen, @hilella, @williamsjon, @fridaghitis, @timobrien, @carloslozadawp and @carloslozadawp

Asawin Suebsaeng / The Daily Beast:
Trump's lawyer Rudy Giuliani had a series of bizarre cable appearances on Monday, in a bid to play down a coming NYT story; he later claimed he “shut it down”

Discussion: CNNMoney, Fox News, Washington Post, emptywheel, The Week, Mediaite, The Wrap, @calvinstowell, @asteadwesley, @kylegriffin1, @samstein, @asharangappa_, @mkraju, @sahilkapur, @philippereines, Contemptor, @jayrosen_nyu and Vanity Fair

Ed Vulliamy / The Guardian:
Journalists in Colombia say death threats have increased over their coverage of the peace process with the FARC since the election of conservative Iván Duque

Discussion: @spaceforpeace

Ian Burrell / The Drum:
“We see no potential” in competing against Facebook or Google, says Monocle editor Andrew Tuck as he explains the magazine's policy of shunning social media

From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

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