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:
New York Post, Wall Street Journal and Radio & Television …
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 and The Streamable
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:
@shannimcg, @craignewmark and American Press Institute
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, Engadget, @chrismessina, @caseynewton, @wongmjane, The Verge and TechCrunch, more at Techmeme »
Mark Di Stefano / BuzzFeed:
Trump Administration has offered up to £75K for an organization to take “influential” UK journalists on a tour of US farms to improve image of US agriculture — The US government wants to influence the way British media portrays American meat products, BuzzFeed News has learned.
Discussion:
@jamesrbuk, @jayrayner1, @miriamelder, @markdistef and The Guardian
Julia Alexander / The Verge:
Report: per RIAA, revenues from streaming up 26% YoY to $4.3B in H1 2019, accounting for ~80% of music industry's overall revenue; paid subscriptions grew 31% — Although physical sales are also on the up-and-up — More people are streaming music through services like Apple Music and Spotify …
Discussion:
9to5Mac and Gizmodo, more at Techmeme »
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.
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
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 »
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:
Business Insider, The Verge, 9to5Mac, The FADER, Mashable, NME, Android Police, MacRumors, VentureBeat, Cult of Mac and Engadget, 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, CNN, New York Post, Gizmodo, Vox, Literary Hub, Boing Boing, The Week, Literary Hub, Bookseller News, CNET, Melville House Books and bookforum.com
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
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