Top News:
Kamaron Leach / Bloomberg:
Meredith stocks fell 28% Thursday after it issued its forecast for the FY starting in July, for which it predicted $675M adjusted earnings due to merger pains — - Time Inc. acquisition has been more difficult than expected — The earnings Meredith was expecting ‘just...poof! disappeared’
Discussion:
Wall Street Journal, Radio & Television … and New York Post
Jane Manchun Wong:
Medium's app code shows the company is working on an Instapaper-like reader app function that would let users save articles from the web to a reading list — When Medium was first launched, it stood out among other blogging platforms for its minimalist design.
Discussion:
@wongmjane, @wongmjane, @wongmjane, @caseynewton, @chrismessina, @wongmjane, The Verge and TechCrunch, more at Techmeme »
Data & Society:
Report outlines techniques used by media manipulators that hide sources of false information to promote media uptake, such as evidence collages and leak forgery — Online media manipulators often use specific techniques to hide the source of the false and problematic information they circulate.
Discussion:
American Press Institute
David Folkenflik / NPR:
NPR names veteran broadcast and cable TV executive John Lansing as its new CEO, to replace Jarl Mohn, starting in mid-October — NPR has a new CEO. John Lansing, a veteran government broadcast and cable television executive, has been selected by NPR's corporate board to succeed its current chief, Jarl Mohn.
Discussion:
@davidfolkenflik, @chuckatwbhm, @davidfolkenflik, CNN, @shawnpowers, @raju and @davidfolkenflik
Lucas Shaw / Bloomberg:
Sources: Billboard parent company Valence Media to acquire Nielsen's music industry data, software, and analytics business at a price in the eight-figure range — - Deal is slated to close later this year, at eight-figure price — After rough stretch, Nielsen businesses have been up for sale
Discussion:
@lucas_shaw and hypebot
Melynda Fuller / MediaPost:
Diane Solway, formerly a features and culture director at W Magazine, is named editor-in-chief at Surface Media, which is owned by Future Media Group — Diane Solway is now Surface Media's EIC, effective today, Marc Lotenberg, CEO of Future Media Group, announced.
Todd Spangler / Variety:
Crunchyroll, Otter Media's anime streaming-service, has acquired a majority stake in Viz Media Europe, a European distributor and manga publisher — Crunchyroll, the anime streaming-service division of WarnerMedia's Otter Media, entered into a pact to become the majority owner of Viz Media Europe …
Discussion:
Broadcasting & Cable
Sarah Perez / TechCrunch:
Apple launches a public beta of Apple Music on the web, available to all subscribers worldwide — Apple Music is coming to the web. Apple today is launching a public beta of its popular music streaming service on the web, which will be available to all Apple Music subscribers worldwide.
Discussion:
The Verge, NME, Android Police, MacRumors, 9to5Mac, VentureBeat, Cult of Mac and Engadget, more at Techmeme »
Makena Kelly / The Verge:
In a testimony to House committee staffers, 8chan owner Jim Watkins says 8chan “has no intent of deleting constitutionally protected hate speech” — The private deposition lasted around four hours — Jim Watkins, the owner of 8chan, gave testimony to Congress on Thursday …
Discussion:
Digital Trends, Reuters, Fortune, Mother Jones, The Verge, NBC News, The Daily Beast, The Hill and Ars Technica, more at Techmeme »
Alison Flood / The Guardian:
Amazon blames a “technical error” for shipping ~800 embargoed copies of Margaret Atwood's sequel to The Handmaid's Tale a week early, angering indie booksellers — Strict measures meant to keep all details of The Testaments confidential until publication have fallen through for some US readers
Discussion:
New York Times, @murderbooks, @constancegrady, @jpetroroy, Gizmodo, CNN, Vox, New York Post, Literary Hub, Boing Boing, The Week, Literary Hub, Bookseller News, CNET, Melville House Books and bookforum.com
Christine Schmidt / Nieman Lab:
Report: events from media orgs that promote person to person exchange are successful at building empathy for minorities and uniting voters across the spectrum — When's the last time you actually talked with someone who was different from you, rather than talked about them?
Lucinda Southern / Digiday:
Dennis Publishing, which acquired Kiplinger Washington Editors in February, has bought social media brand Car Throttle, with clients including Mercedes-Benz — Dennis Publishing has gone after younger car buyers with the purchase of social publisher Car Throttle.
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