Top News:
Jaclyn Peiser / New York Times:
NYT reports Q2 profit of $24M, adds 109K subscribers, increasing total number of digital subs by 20% to 2.9M and generating $99M in revenue for the paper — The New York Times continued its digital growth in the second quarter of 2018, adding 109,000 digital-only subscribers.
Benjamin Mullin / Wall Street Journal:
Axios has signed a deal with HBO to develop a series of news documentaries timed to the midterm elections — The show, titled ‘Axios,’ will focus on politics, technology and culture — Axios, the digital news startup known for concise stories, is about to go long—on TV.
Discussion:
Axios, Fast Company, @jgreendc, @seangriffey, @justin_b_smith, @owillis, @ssavitsky, @jbenton, @danprimack and @jimvandehei
Stefan Nicola / Bloomberg:
Profile of Mathias Döpfner, CEO of Axel Springer, on his high-profile digital acquisitions like Business Insider, his missteps, and plans for future growth — Weaving past workers in orange vests and hard hats, Mathias Doepfner struts through what looks like a giant steel …
Jason Guerrasio / Business Insider:
The Oscars reduces annual four-hour telecast to three to make it more “globally accessible” and introduces category for “popular” films, in bid to boost ratings — - The Academy of Motion Picture Arts and Sciences announced changes to the 2019 Oscar telecast.
Discussion:
Hollywood Reporter, The Wrap, Adweek, Mediaite, @thr, @thrmattbelloni, @captmarvelnews, @9_volt_ and @ladyqird
Kali Hays / WWD:
Kate Lewis has been named Chief Content Officer of Hearst Magazines, replacing Joanna Coles — Lewis has been named new chief content officer, a role that was created for Coles in 2016. — Ariana Grande on the cover of Elle magazine's August edition. — Hearst didn't waste time in finding …
Discussion:
Folio, Hearst, Ad Age and @joannacoles
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ProPublica:
ProPublica expands its Local Reporting Network, plans to fund salaries for reporters covering state politics and government at seven news outlets — In an effort to help stanch the decline in aggressive statehouse coverage across the country, ProPublica today announced that it is expanding …
Discussion:
@charlesornstein, @louisekiernan, @stephgracela, @jcsheckler and @charlesornstein
Todd S. Purdum / The Atlantic:
Ex-NYT White House reporter Todd Purdum says Jim Acosta's confrontations with Sanders play into Trump's narrative that press is at war with him — The CNN reporter is speaking truth to power—but he's also amplifying the president's anti-press campaign. — The verb to accost comes …
Discussion:
TVNewser and Washington Post
Ted Johnson / Variety:
Sinclair and Tribune Media must decide by midnight whether to continue to pursue their $3.9B merger deal despite FCC's refusal to approve the transaction — WASHINGTON — Sinclair Broadcast Group and Tribune Media face a midnight deadline on whether to continue to pursue …
Discussion:
Radio & Television … and MediaPost
Robert Channick / Chicago Tribune:
Sources: Tronc is weighing at least one private equity offer to buy its newspaper holdings, with a bid between $19 to $20 per share on the table — Bundles of Chicago Tribune Saturday editions are stacked for delivery at the Freedom Center, August 20, 2016, in Chicago. (John J. Kim / Chicago Tribune)
Discussion:
@bhuang2012, @mattdpearce, @stevedaniels27 and @stevedaniels27
David French / New York Times:
Given the malleability of the “hate speech” label, tech companies should use libel and slander legal standards when removing content like Infowars — “Hate speech” is extraordinarily vague and subjective. Libel and slander are not. — Mr. French is a First Amendment litigator and senior writer for National Review.
Discussion:
New York Times, Observer, New York Times, @profgalloway, infowars.com, Light Reading, Tubefilter, @jaclynglenn, Gizmodo, Law & Crime, @ceciliakang, The Verge, Mediaite, @roboct6, @hashtaggriswold, @gl33p, @nathanblawrence, @scottgreenfield, @gustavomayajr, @dankennedy_nu and @davereaboi, more at Techmeme »
Michael Phillips / Richmond Times-Dispatch:
Roanoke Times files a suit against its ex-reporter Andy Bitter over the rights to the Twitter account @AndyBitterVT, alleging it's company property he inherited — The Roanoke Times filed a lawsuit Tuesday morning in a U.S. District Court against a former reporter over the rights to a Twitter account.
Discussion:
Poynter, Washington Post, @heyfeifer, @hotlinejosh, @jonward11, @meesfit and @jamiemottram
Joel Simon / Columbia Journalism Review:
As the sixth anniversary of Austin Tice's captivity in Syria approaches, his parents talk about the difficulties of keeping his case in the public spotlight — On August 13, 2012, only a few days after celebrating his 31st birthday, freelance journalist Austin Tice emailed his father …
Discussion:
@pressfreedom, @anitakumar01, @ptalamantes and @joelcpj
Josh Constine / TechCrunch:
Snap reports Q2 revenue of $262.3M, up 44% YoY, and 188M DAUs, up 8% YoY but down from 191M in Q1 against competition from Facebook Stories — The Stories War has officially killed Snapchat's growth. In Q2 2018 earnings today, Snapchat's daily user count shrank 1.5 percent to 188 million this quarter …
Discussion:
CNBC, Recode, Vanity Fair, Tubefilter, Digiday, Business Wire, MediaPost, Fortune, Gizmodo, Ad Age, 9to5Mac, Variety, @ranimolla, Business Insider France and CNBC, more at Techmeme »
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