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8:05 PM ET, August 2, 2018

Mediagazer

 Top News: 
Jon Levine / The Wrap:
The New York Times issues a statement standing by Sarah Jeong, its new editorial board hire, after criticisms arise of her old tweets blasting “white people”  —  The New York Times is facing backlash about its latest hire to its editorial board, Sarah Jeong, after multiple old tweets about …
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The Verge:
Editors of The Verge, where Sarah Jeong works now, stand by her and blast harassment over old tweets: “This is not a good-faith conversation; it's intimidation”  —  Newsrooms must stand up to targeted campaigns of harassment  —  Since announcing her new job with The New York Times …
Kara Swisher / New York Times:
Now that Facebook and other platforms have become “digital arms dealers”, Zuckerberg takes a crash course in free speech and propaganda, at a cost to the public  —  They have weaponized social media, and we are all paying the price.  —  Let me first state that I actually …
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Todd Spangler / Variety:
CBS beats Q2 estimates with net earnings of $400M, up 1% YoY, on revenue of $3.47B, up 6% YoY; Moonves doesn't address misconduct claims in earnings call  —  CBS Corp. turned in record-high revenue and profits for the second quarter of 2018, but declined to address continuing uncertainty over the fate of its CEO, Leslie Moonves
Campbell Brown / Facebook Media:
Facebook extends its Local News Accelerator through the end of the year, launches a $3.5M Membership Accelerator program to help outlets with membership models  —  Today, we're excited to announce an additional $4.5 million investment in programs that support news publishers.
Jeremy Barr / Hollywood Reporter:
Warner Music Group is buying Uproxx Media Group, which publishes HitFlix, Dime, and Uproxx.com; BroBible will not be part of the sale  —  The digital media company publishes brands like entertainment news site HitFlix, sports site Dime and Uproxx.com.  —  Digital publisher Uproxx Media Group …
John Haltiwanger / Business Insider:
In response to a question from CNN's Jim Acosta, White House Press Secretary Sarah Sanders refuses to say “the press is not the enemy of the people”  —  - White House press secretary Sarah Huckabee Sanders declined to answer a question from CNN's Jim Acosta about whether …
RELATED:
Jason Schwartz / Politico:   In July, the White House held three press briefings, totaling 56 minutes altogether, a continuation of a declining trend with five in June, and nine in May
Sahil Patel / Digiday:
Sources: Awesomeness' value plunge was caused by the loss of $150M-$180M in Go90 revenue and an ownership structure that made unilateral decisions difficult  —  Subscribe to Digiday's weekly video briefing email, written by senior reporter Sahil Patel, for more exclusive coverage and analysis around …
Discussion: Hollywood Reporter
Eriq Gardner / Hollywood Reporter:
NY district court judge dismisses lawsuit by Seth Rich's parents against Fox News and also rejects defamation suit by investigator Rod Wheeler against Fox  —  The judge concludes that Joel and Mary Rich are impermissibly dressing up defamation claims against a deceased individual.
Tom Corrigan / Wall Street Journal:
Netflix and Relativity Media settle licensing case, with Netflix to pay Relativity about $7.2M, clearing way for planned sale of Relativity to UltraV Holdings  —  Under the settlement, Netflix would pay Relativity about $7.2 million, including millions of dollars in licensing fees it withheld from the studio
Discussion: The Wrap
Lucas Shaw / Bloomberg:
Sources: Disney has tried without success yet to buy back TV rights to Star Wars movies from Turner Broadcasting for use on its upcoming streaming service  —  - Cable programmer would want compensation, replacement content  —  Walt Disney Co. is suffering from seller's remorse.
Discussion: CinemaBlend
 
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 More News: 
Aaron Cantú / Santa Fe Reporter:
Aaron Cantú, a reporter who was arrested and charged for covering Inauguration Day protests in 2017, on being accused of “conspiracy” by the government
Matthew Iles / Civil:
Civil delays token sale from August 13 to September 18 and announces daily webinars to explain the token sales process as it seeks consumers, not speculators
Bloomberg:
Sources: Univision chairman Haim Saban is considering stepping down and would like Tribune CEO Peter Kern to replace him
 Earlier Picks: 
Brian Steinberg / Variety:
AMC Networks' Q2 revenue rose to $761.3M for profits of $106M, a 3% YoY growth, thanks to shrinking losses at its international operations
Discussion: MediaPost
The Information:
Sources: Google is developing a news aggregation app for use in China that will comply with the country's strict censorship laws
Washington Post:
Activists accuse Facebook of suppressing free speech after it removed an event listing it said was part of a disinformation effort with possible ties to Russia
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions

Bloomberg:
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
 
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