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) …
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Chicago Tribune, @chicagotribune, CNNMoney, New York Post, @alexparker, @lynnemarek and @gerryfsmith
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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 …
Discussion:
Nieman Lab, Slate, infowars.com, Variety, The Guardian, @oliverdarcy, @noahshachtman, Fortune, The Verge, The Hill, @oliverdarcy, @joshconstine, TechCrunch, Fast Company, @sdkstl, @slpng_giants, @aliasvaughn, @noahshachtman, @oliverdarcy, Mediaite, @nickgillespie, @nprinskeep, @eriqgardner, @oliverdarcy, New York Times and The Wrap, 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, @brianstelter, @davidklion, @joshscampbell, @nadinevdvelde, HuffPost, The Daily Beast, Mediaite, HuffPost, TV Tattle, Media Matters for America and The Wrap
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 »
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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
Meredith Corporation:
Meredith Q4: $16.7M earnings vs $43.4M in Q4 2017; revenue of $788.1M vs $445.4M in Q4 2017; plans to complete sale of Time, Fortune, SI in coming months — Full Year Revenues Increase More Than 30 Percent to Over $2.2 billion — Digital Business Generates Record Traffic and Financial Performance, Led by People.com
Discussion:
@alexweprin
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 — By Alex Hardiman, Head of News Products — On June 23, 2018, floodwaters suddenly trapped a team of teenage soccer players who'd been exploring a cave complex in Thailand.
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
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
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
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
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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
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