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5:30 PM ET, August 9, 2019

Mediagazer

 Top News: 
Ken Doctor / Nieman Lab:
A look at the Gannett/GateHouse deal, which is far from ideal for either company or their readers; neither company has offered a big vision aside from cost cuts  —  What will the largest local news company need to do and be to be successful in the 2020s?  Neither Gannett nor Gatehouse …
RELATED:
Reuters:
Filing: MNG Enterprises, controlled by Alden Global Capital, reveals a 9.4% stake in New Media Investment Group and says it may vote against a deal with Gannett  —  (Reuters) - Newspaper chain MNG Enterprises revealed a 9.4% stake in New Media Investment Group Inc (NEWM.N) on Friday …
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
Todd Spangler / Variety:
Glow, a platform for podcast creators to set up payment options for fans to fund their shows, raises $2.3M seed from Katzenberg's WndrCo, Greycroft, and others  —  Glow Technologies, a startup whose platform lets podcast creators set up payment options for fans to fund their shows …
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 …
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 …
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: @austin_rief and @seyitaylor
Pew Research Center:
Study: 46% of adult social media users say they're worn out by the number of political posts and discussions seen on social media, up 9 points from summer 2016  —  Well over a year before the 2020 presidential election, many social media users in the United States are already exhausted …
RELATED:
Brian Fung / CNN:
Sources: Trump's draft executive order calls for new FCC regulations narrowing CDA Section 230 protections for social media platforms when they suppress content  —  Washington (CNN Business)A draft executive order from the White House could put the Federal Communications Commission in charge …
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.
Discussion: @smashdawg
 
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 More News: 
Laura Hazard Owen / Nieman Lab:
Point, a London-based investigative tech journalism YouTube channel, is crowdfunding to launch a misinformation-themed video game based on real-life stories
Dave McNary / Variety:
Lionsgate reports Q1 revenue of $963.6M and operating income of $67.3M, beating estimates, amid growth in Starz subscribers to 26.5M, up 2.6M YoY
Discussion: The Wrap
 Earlier Picks: 
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
Liberty Media Corporation:
Liberty Media Corporation reported Q2 revenue of $2B and net income of $263M; the company owns 71.1% of SiriusXM as of July 26
Discussion: Hollywood Reporter
Al Jazeera:
Journalists in Kashmir struggle to report due to a communications blackout; most English and Urdu language papers in Srinagar have not published since Monday
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
Todd Spangler / Variety:
Facebook is testing selling video streaming subscriptions in the US, starting with four services including BritBox, CollegeHumor's Dropout, and Tastemade Plus
Ashley Carman / The Verge:
Google will start surfacing individual podcast episodes in search results and will soon let users ask Google Assistant to play podcasts about specific topics
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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