Mediagazer: Lionsgate tops estimates in Q2 with a loss of $7.9M on revenue of $932.7M, announces agreements to launch Starzplay channels in France, Italy, and Spain (Dave McNary/Variety)

9:30 AM ET, August 10, 2018

Top News:

Greg Roumeliotis / Reuters:

Sources: Donerail Group, led by former Starboard Value LP executive Will Wyatt, is in advanced talks to acquire Tronc — (Reuters) - Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive Will Wyatt, is in talks to acquire Tronc Inc (TRNC.O) …

Discussion: Chicago Tribune, @chicagotribune, CNNMoney, New York Post, @alexparker, @lynnemarek and @gerryfsmith

Wallace Witkowski / MarketWatch:
Tronc reports Q2 revenue of $253M, up 3.9% YoY and net loss of $15.1M

Discussion: Reuters, Business Insider, MarketWatch and @lynnemarek

Oliver Darcy / CNNMoney:

Analysis of Infowars Twitter content shows videos that led to YouTube and other bans were still live, while other tweets showed more Twitter rules violations — Why Facebook,YouTube and Apple are removing InfoWars content — Twitter's vice president for trust and safety, Del Harvey …

Max Fisher / New York Times:

After treating Facebook-fueled violence as occurring only in developing countries, the company now finds wealthier places aren't immune from hate speech issues — To Americans, Facebook's Alex Jones problem might seem novel, even unprecedented. — When does speech become unsafe? When can it be limited?

Discussion: Peter O'Kelly's Reality Check, @niemanlab, Marketing Land, Nieman Lab, @splcenter, @sharonwaxman, @amelia_acker, @rasmus_kleis, @raeuberhose, @samarajiva, @rajit_h, @max_fisher, @jjvincent, @ericeweir, @kellyriess and BuzzFeed News

Richard Allan / Facebook:

VP of policy details Facebook's limits to free speech: physically or financially endangering people, intimidating via hateful words, tricking people for profit — Hard Questions is a series from Facebook that addresses the impact of our products on society.

Discussion: New York Times, @arischulman, TechCrunch, Fortune, @mekosoff, @jfruh, @max_read and @cwarzel, more at Techmeme »

CNNMoney:

Laura Ingraham's remarks about “massive demographic changes” fed into pattern of white nationalist ideas at Fox News, raising questions about Murdochs' stance — Fox News host addresses controversial comments — It wasn't so much a dog whistle as it was an airhorn. Or perhaps a primal scream.

Discussion: CNN, Deadline, @juddapatow, Business Insider, Quartz, HuffPost, @brianstelter, @davidklion, @joshscampbell, @nadinevdvelde, The Daily Beast, Mediaite, HuffPost, Media Matters for America, TV Tattle and The Wrap

Jeffrey A. Trachtenberg / Wall Street Journal:

Condé Nast CEO outlines plan for growth: diversify revenue away from ads, shed titles, cut staff; says company is studio shopping to help boost video efforts — Owner of magazines including Vogue, Vanity Fair wants to diversify revenue away from advertising, shed some titles

Discussion: New York Post, @mplsgilyard, @mwityk, @erik_hayden and Daily Front Row

Jason Schwartz / Politico:

Amid Trump's anti-media rhetoric and after the Capital Gazette shooting, TV and print media outlets increase security, including adding bodyguards at rallies — TV networks are employing security guards at the president's high-octane rallies. — Notebooks, mics, cameras, hairspray …

Discussion: @philmeyer, @ewstephe and The Daily Caller

Elizabeth Spiers / Washington Post:

The former EIC of NY Observer says Jared Kushner's demand that an IT worker delete several stories fits with the Trump family's hostility to journalism — I was editor in chief of the New York Observer when he allegedly had stories removed from the digital archive in secret.

Discussion: @netaustin, @davidpriess and @espiers

New York Times:

As small papers report more layoffs because of Trump's tariffs on Canadian newsprint, one study says US newsprint prices will rise 30%+ in one to two years — WASHINGTON — The Trump administration's decision to impose tariffs on Canadian newsprint is hastening the demise of local newspapers across …

Discussion: @sulliview, Wisconsin Newspaper …, @spsullivan, @invw, @brettdl and @dangillmor

Dave McNary / Variety:

Lionsgate tops estimates in Q2 with a loss of $7.9M on revenue of $932.7M, announces agreements to launch Starzplay channels in France, Italy, and Spain — Lionsgate has topped Wall Street estimates by reporting a loss of $7.9 million, or 4 cents per share fully diluted …

Discussion: MediaPost, The Wrap, Deadline, Hollywood Reporter and The Wrap

Erik Wemple / Washington Post:

Sources: 60 Minutes producer Michael Radutzky screamed at colleagues, threw objects, twisted colleague's arm as executive producer Jeff Fager tolerated conduct — In June 2007, “60 Minutes” senior producer Michael Radutzky stepped forward at a Peabody Awards ceremony to accept recognition …

Discussion: @postopinions, @washingtonpost and TV Tattle

Lukas I. Alpert / Wall Street Journal:

News Corp beats estimates with revenue of $2.69B, a 29% increase YoY, reports net loss of $372M attributable to shareholders, in part due to Foxtel transaction — Write-off related to Australian TV deal contributes to net loss — The consolidation of Australian television assets helped …

Discussion: Sydney Morning Herald, News Corp and Reuters

Tribune Media Investor Relations:

Tribune Q2 results: revenue rose 4% YoY to $489.4M, net income rose to $84.4M, up from a net loss of $30.4M in Q2 2017 — Tribune Media Company (NYSE: TRCO) (the “Company") today announced that it has terminated its merger agreement (the “Merger Agreement") with Sinclair Broadcast Group …

Discussion: Axios, Gothamist, Techdirt and TechCrunch

Charles Riley / CNNMoney:
Tribune calls off its $3.9B merger with Sinclair, sues Sinclair for breach of contract, seeking $1B in damages

Discussion: @trickfreee, Peter O'Kelly's Reality Check, Broadcasting & Cable, @hadas_gold, Free Press, @lynnemarek, Chicago Business, TVNewser, Media Matters for America, Rantt, Mediaite, @repmikequigley, @senblumenthal and @hadas_gold

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More News:

BBC:
Sky News Australia is removed from Melbourne train stations by Victoria state officials after Sky airs an interview with Nazi sympathizer Blair Cottrell

Discussion: @jacintaallanmp, ABC, NEWS.com.au, The Guardian, The Guardian and iMediaEthics

Alex Hardiman / Facebook:
Facebook continues to test ways to deliver developing news; latest test lets publishers connect story updates, with readers getting notified of new content

Ali Breland / The Hill:
Microsoft Azure threatened to block microblogging site Gab.ai if two posts from a neo-Nazi were not removed within 48 hours; the author then removed the posts

Discussion: @johnpaczkowski, Fortune, Engadget, The Daily Caller and @mmasnick, more at Techmeme »

Christine Schmidt / Nieman Lab:
The Wall Street Journal has revamped its newsletters, whittling from 126 to about 40, trimming length, adding subscription requests, and improving interactivity

Discussion: @fpmarconi, @rwhelanwsj, @anotherhelen, @whatthebit and @steverubel

Shan Wang / Nieman Lab:
Interview with Karin Pettersson, Schibsted's director of public policy, on her new role and the publication's relationship with Google and Facebook

Discussion: @ab_karin, @georgdiez1, @niemanlab, @jayrosen_nyu and @rasmus_kleis

Earlier Picks:

Chaim Gartenberg / The Verge:
Samsung and Spotify partner to build Spotify's services into smartphones, Bixby, and other Samsung devices

Discussion: Rolling Stone, Complete Music Update, The Drum, @spotifynews, Music Business Worldwide, @jwangark, newsroom.spotify.com, Variety, CNBC and @spotify, more at Techmeme »

Lincoln Pigman / New York Times:
Authorities in Belarus detained at least 18 journalists, accusing them of illegally obtaining information from a state news agency; six have been released

Discussion: @rferl, @pressfreedom, @pressfreedom, @article19europe, @europeangreens, @solidaritycntr, @franksesno, @pressfreedom, Washington Post, Politico, Associated Press, Radio Free Europe/Radio …, The Irish Times and Reuters

Ken Bensinger / BuzzFeed News:
Shareholders sue Televisa, alleging the media giant used a subsidiary to pay FIFA bribes to win broadcast rights to the World Cup in 2018, 2022, 2026, and 2030

Discussion: @kenbensinger and @kenbensinger

Jacob Kastrenakes / The Verge:
Anchor announces Listener Support, a Patreon-style service that lets listeners pledge $0.99, $4.99, or $9.99 a month to podcasters

Discussion: 9to5Mac, VentureBeat, Anchor and TechCrunch, more at Techmeme », Thanks:@steverubel

From Techmeme:

Sara Fischer / Axios:
Meta adds Dina Powell McCormick, who served as deputy national security adviser to Trump in his first term, and Stripe CEO Patrick Collison to its board

Tripp Mickle / New York Times:
Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that

Ellen O'Regan / Politico:
Ireland's DPC opens an investigation into how personal data in public X posts was used to train xAI's Grok, which could stoke tensions between the EU and the US

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