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4:55 PM ET, July 18, 2019

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Christine Schmidt / Nieman Lab:
McClatchy-grown, Google-funded Compass Experiment, a project to build new local news sites, selects Youngstown, OH as its first site with four local journalists  —  Youngstown, Ohio has become kind the beat-up poster child for industrial decline, the opioid crisis, the Trump phenomenon, and, most recently, the loss of local journalism.
Julia Alexander / The Verge:
In some ways, Netflix's Q2 results were a disaster, highlighting the weakness of its US market, limits of international growth, and pain of losing huge shows  —  As US growth slows, executives look to international markets  —  Netflix reported earnings on Wednesday night, and the results were disastrous.
RELATED:
Todd Spangler / Variety:
In Q2, Netflix lost US subscribers for the first time since Q3 2011, dropping 130,000, and added fewer global subs than expected, citing a weak Q2 content slate
Netflix:
Netflix reports Q2 revenue of $4.9B, up 26% YoY, and total paid membership of 152M, up 22% YoY, but it added 2.7M new subs, down from 5.5M YoY; stock down 10%+
Jennifer Miller / New York Times:
As podcast service Blubrry says there are now over 700,000 podcasts, with 2,000 to 3,000 launching every month, a look at whether we have reached “peak podcast”  —  If past experience (cough, blogs) is any indication, a shakeout is nigh.  —  In 2016, Morgan Mandriota and Lester Lee …
Maxwell Tani / The Daily Beast:
Sources: G/O Media CEO Jim Spanfeller is out of touch with the company's editorial voice and current media practices as he pushes listicles and programmatic ads  —  High-level staffers at the company that now owns ex-Gawker sites like Jezebel and Deadspin complain their new leader is destroying a famously freewheeling culture.
Arriana McLymore / Reuters:
Spotify says it will devote a prominent spot in its app to Disney's music library, a feature called Disney Hub  —  NEW YORK (Reuters) - Spotify Technology SA said on Wednesday it will devote a prominent spot in its music streaming app to Walt Disney Co's extensive music library with songs like “Let It Go” and “A Whole New World.”
Alistair Smout / Reuters:
DAZN makes a deal with Discovery to stream Eurosport in Germany, Italy, Spain, and Austria, enabling it to offer the Olympics and Grand Slam tennis  —  LONDON (Reuters) - Sports streaming service DAZN said on Thursday its subscribers would be able to receive Eurosport in Germany and three …
Meg James / Los Angeles Times:
A look at what went wrong at Univision since its $13.7B acquisition in 2007, as it explores a sale; execs depict a dysfunctional org hobbled by internal clashes  —  When Haim Saban and billionaire-led private equity firms acquired Univision Communications for $13.7 billion in early 2007 …
Emily Tamkin / Columbia Journalism Review:
Why CNN shouldn't have given screen time to white supremacist Richard Spencer for reaction to Trump's racist tweets: normalization of racism, diversion of focus  —  On Tuesday evening, a segment on Jake Tapper's CNN show The Lead featured an interview with Richard Spencer, a white supremacist.
Paul Farhi / Washington Post:
CNN didn't reveal that the pro-Trump women it interviewed, which seemed to represent a cross-section of opinion, were actually members of an organized group  —  There's no question that the panel of women CNN interviewed about President Trump liked him a lot and don't think he's a racist …
Jem Aswad / Variety:
Internal Universal Music memo details its investigation into losses from a 2008 fire: 22 lost assets could have been original masters linked to five artists  —  Ahead of an expected motion to dismiss the lawsuit filed last month by several artists over damage in the 2008 fire that destroyed hundreds …
Charlotte Tobitt / Press Gazette:
Sky News has appointed Hannah Thomas-Peter as its first dedicated climate change correspondent, the first UK title to do so  —  Sky News has appointed its first dedicated climate change correspondent to “continue to set the agenda” on what it described as a “crisis”.
Discussion: Sky
Brian Merchant / Columbia Journalism Review:
To duck accountability, “on background” has become the default method by which Silicon Valley disseminates information, often abetted by tech journalists  —  One of the most pernicious tools that Silicon Valley uses to control the flow of information to the public is decidedly low-tech: briefing reporters “on background.”
 
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From Techmeme:

Marshall Cohen / CNN:
CCDH: before the election, Elon Musk made 87 X posts that were debunked by fact-checkers, hitting 2B+ views; his political posts had 17.1B views since July 2024

Bloomberg:
Sources: Canadian authorities arrest Alexander “Connor” Moucka, who is allegedly behind the June and July 2024 hacks of up to 165 Snowflake users including AT&T

Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast to 12.5M from 13.5M
 
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