Top News:
Cynthia Littleton / Variety:
NBCUniversal to launch its ad-supported streaming platform in April 2020 with the same infrastructure as Sky's, will develop originals tied to its content — Comcast units are double down on the content and streaming wars as NBCUniversal plans to launch its advertising-supported streaming platform …
Discussion:
TechCrunch, MediaPost, The Streamable, CNET, Vanity Fair and The A.V. Club
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Cynthia Littleton / Variety:
Comcast Q2 earnings beat estimates with Sky accounting for a 23.6% YoY revenue spike; NBCU revenue fell 0.8% to $8.2B, but earnings grew 8.1% YoY to $2.3B — Comcast's second quarter earnings beat analysts estimates but total revenue came in just shy of expectations.
Discussion:
MediaPost, CNBC, Multichannel News, AdExchanger, Reuters, Broadcasting & Cable and The Wrap
Matthew Rosenberg / New York Times:
Facebook's ad library is so plagued by bugs and technical constraints that researchers say it is effectively useless to adequately track political advertising — The social network's new ad library is so flawed, researchers say, that it is effectively useless as a way to track political messaging.
Discussion:
@firefox, Gizmodo, @edbott and @jason_kint, more at Techmeme »
James Walker / Press Gazette:
Paul Dacre says he “bears a heavy responsibility” for the belief that journalism costs nothing because of his role in launching the free Metro and Mail Online — Former Daily Mail editor Paul Dacre has said he blames himself for helping create a culture in which news content is given away for free.
Discussion:
Spectator
Michael Barthel / Pew Research Center:
Study: in 2018, US newspaper circulation reached its lowest level since 1940; digital ad revenue, which grew 23% YoY, has nearly tripled since 2011 — Every year since 2004, Pew Research Center has issued an assessment of the state of the news media, tracking key audience and economic indicators …
Discussion:
The Wrap, @pewjournalism, @dkiesow and @julien51
Douglas A. McIntyre / 24/7 Wall St.:
About 2,100 newspapers have closed in the USA since 2004, almost all of which are weeklies, leaving ~7,000 still in publication, many with declining revenues — The newspaper industry has continued its relentless downward spiral, which started with the advent of the internet and accelerated during the Great Recession.
Max Read / New York Magazine:
Amazon's now-deleted tweet of a Quillette article signaled approval of its thesis: critical coverage of labor conditions will push the company to automate jobs — Like a lot of predictable liberals, I've long imagined Amazon to be a terrible place to work.
Discussion:
@amazonnews, @rmac18, @jwherrman and Mashable
Kevin Draper / New York Times:
Twitter signs an agreement with NBC for 2020 Olympics, to show limited live event coverage, highlights, and a daily 20-minute show — Twitter will show some live coverage, highlights and a daily studio show from the Tokyo Olympics in 2020. — If you cannot find a television …
Discussion:
Variety, Engadget and The Big Lead, more at Techmeme »
Terricha Phillips / Columbia Journalism Review:
After Mississippi candidate for governor denied access to a reporter because she is a woman, other journalists say this is common on the political beat — Mississippi's Republican gubernatorial primary, just two weeks away, has been marked by a scandal over the ways female reporters are treated.
Robert Channick / Chicago Tribune:
Ebony's photo archives are sold for $30M to a group of foundations led by J. Paul Getty Trust; photos will go to Smithsonian, Getty Research Institute, others — A consortium of foundations led by the J. Paul Getty Trust is buying the historic Ebony photo archives for $30 million …
Discussion:
MediaPost, Folio, WBEZ, New York Times, @juliebosman, @juliebosman, @juliebosman, @juliebosman and @sdkstl
James Walker / Press Gazette:
Vice UK, which has about 50 staff, recognizes Vice UK union after four months of negotiations; a unionization attempt three years ago was rejected by management — Vice UK has recognised a National Union of Journalists' chapel representing editorial and production staff following four months of negotiations.
Discussion:
@viceukunion, @hannahrosewens and @simonchilds13
Daisuke Wakabayashi / New York Times:
Alphabet lumps YouTube's revenue with Google's in filings, making insights hard to come by, though YouTube's annual revenue is likely $16B-$25B, topping Netflix — YouTube probably generates $16 billion to $25 billion in annual revenue, making the video service big enough to crack the top half of the Fortune 500.
Discussion:
@nytimesbusiness, @puiwingtam and @nytimesbusiness
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