Top News:
Wall Street Journal:
Sources: Facebook offered millions to ABC News, Dow Jones, Washington Post, and Bloomberg to license their content for a Facebook news section to debut in 2019 — Company approached ABC News, Dow Jones, Washington Post and Bloomberg as it plans to launch news section
Discussion:
@caseynewton, New York Times, MediaPost, The Wrap, Broadcasting & Cable, Press Gazette, CNBC, Associated Press, American Press Institute, @dankennedy_nu, CNET, Mashable, Nieman Lab, Twipe, Breitbart, Business Insider, What's New in Publishing, @elanazak, @dskok, @mathewi, Engadget, @nicnewman, @rasmus_kleis, @jayrosen_nyu, @caseynewton, @elanazak, @ow, @samsanders, @juddlegum, Ad Age, The Next Web, @mikeisaac, @mikeisaac, @pat_garofalo, @niemanlab, @waltmossberg, @perlberg, @bradesposito, @jbillinson, @rachelcharlenel, @bendreyfuss, @futterish, @benmullin, @benmullin, @rafat, @mattyglesias, @rdmurphy, Digital Trends, @jeffyoung, @benmullin, UPI, Reclaim The Net, Deadline, The Verge, Ars Technica, Boing Boing and The Hill, more at Techmeme »
New York Post:
New Media Investment Group's shares fell ~33% between Monday and Wednesday, after the cash and stock acquisition of Gannett was announced, endangering the deal — A $1.4 billion deal to buy USA Today owner Gannett Co. has been so poorly received since it was announced on Monday that executives …
Discussion:
Nieman Lab, @mattdpearce, Yahoo News, @mattkatz00, @abbeycrain, @conarck, @dekotagregory, @senyorreporter, @lmower3, @cmonstah, @apantazi, @mattdpearce, @mattdpearce, @gtoppo, @breakinbriks44, @mbayer1248, @ehernandez, @sindap, @chrisvannini, @davidfolkenflik, Awful Announcing, Milwaukee Business Journal and Bloomberg
Freddy Mayhew / Press Gazette:
News UK says The Times and The Sunday Times now have combined paid digital-only subscribers of 304K, up 19% YoY, for a total of 539K paid subscribers — The Times and Sunday Times now have more than 300,000 paid digital-only subscribers between them. — The titles, which both publish …
Discussion:
The Drum and @eduardosuarez
Cynthia Littleton / Variety:
CBS reports Q2 net earnings of $440M, up 10% YoY, on revenues of $3.81B, up 10% YoY, and operating income of $695M, says its streaming subscribers grew 75% YoY — CBS Corp. delivered strong second quarter earnings on Thursday, posting top and bottom line growth as the company prepares …
Discussion:
MediaPost, Reuters, CBS Corporation Events, The Wrap and Variety
RELATED:
Michael Malone / Broadcasting & Cable:
CBS says it is accelerating its rollout of streaming news service CBSN Local to remaining 11 markets by early 2020, ahead of political primaries and elections
CBS says it is accelerating its rollout of streaming news service CBSN Local to remaining 11 markets by early 2020, ahead of political primaries and elections
Discussion:
TVNewser, investors.lionsgate.com, Hollywood Reporter, The Wrap, Variety, The Streamable and The Streamable
Shira Feder / The Daily Beast:
NYT is examining deputy Washington editor Jonathan Weisman's “poor judgment on social media and in responding to criticism”, after his responses to Roxane Gay — The New York Times is “closely examining” the social-media habits of its deputy Washington editor Jonathan Weisman …
Discussion:
Politico, @yashar, @rgay, @scarylawyerguy, @jayrosen_nyu, @alexi, @yashar, @libbycwatson, @kawebb_, @rjcc, Splinter, Talking Points Memo and Mediaite
Pew Research Center:
Study: 46% of adult social media users say they feel “worn out” by the number of political posts and discussions they see on social media — Well over a year before the 2020 presidential election, many social media users in the United States are already exhausted by how much political content they see on these platforms.
Discussion:
The Wrap, Poynter, @facttank, @monicaranders, @pewresearch, Mashable and Adweek
Natalie Jarvey / Hollywood Reporter:
With a subscriber miss, ballooning costs, rivals circling, and a dire need for more in-house hits, Netflix is looking like the entertainment giants it disrupted — With a subscriber miss, ballooning costs, competitors circling and an existential need to produce more in-house hits …
Discussion:
Techaeris, Techaeris, @johnfinnegan247, @thrmattbelloni and @rahulpuri, more at Techmeme »
Max Willens / Digiday:
Since debuting in May, Vice Media's astrology app Astro Guide has been downloaded 100,000 times; over half who try the free trial end up subscribing for $6/mo. — Like almost every other venture-backed digital media publisher, Vice Media is looking for ways to serve its most engaged readers.
Discussion:
@seyitaylor
Cristina Tardáguila / Poynter:
WhatsApp-advised startup Meedan unveils a tool that auto-responds to fact-check queries from chat apps like Messenger and WeChat if a fact-checked answer exists — The love/hate relationship between fact-checkers and reader-submitted tips from private messaging may soon be a thing of the past.
Discussion:
@poynter and @factchecknet, more at Techmeme »
Tim Peterson / Digiday:
Flipboard to debut its first co-branded podcast series with Digital Trends, as a weekly audio-only spin-off from the video show Digital Trends Live — Flipboard, best known for distributing publishers' articles on its platform, is debuting its first co-branded podcast series with tech publisher Digital Trends.
Trevor Timm / The Intercept:
A Brazil Supreme Court minister bars the Bolsonaro administration from investigating The Intercept Brasil and Glenn Greenwald for their reporting — In a crucial victory for press freedom in Brazil, Minister Gilmar Mendes, a member of Brazil's Supreme Court, has barred the Bolsonaro administration …
Discussion:
@freedomofpress and @trevortimm
Rachael Burford / London Evening Standard:
An administrator at The Guardian, who was in charge of paying freelance journalists, has been jailed for 20 months for stealing £138K+ from the newspaper — An administrator at The Guardian who stole more than £138,000 from the newspaper to bankroll his wedding has been jailed for 20 months.
Discussion:
@markdistef, @markdistef, @adambanksdotcom, @whatthebit and @imaniamrani
Bijan Stephen / The Verge:
Twitch launches Twitch Studio, the company's first broadcasting software, aimed at new streamers, now in closed beta for PC users only — This is the company's first broadcast offering — Twitch just launched Twitch Studio, the company's first broadcasting software.
Michael Malone / Broadcasting & Cable:
CBS All Access will add children's programming, including more than 1,000 episodes from its library and new original series, will begin rollout this year — Original series include ‘Cloudy With a Chance of Meatballs’ and new ‘Danger Mouse’ — CBS All Access is bringing children's programming …
Discussion:
The Streamable and The Streamable