Top News:
Freddy Mayhew / Press Gazette:
Stephen Brown has been named editor-in-chief of Politico Europe — Stephen Brown has been appointed editor-in-chief of politics and policy news title Politico Europe. — The European arm of Politico was launched in 2015 as a joint venture with German publisher Axel Springer.
Richard Middleton / TBI Vision:
At TV conference, Reed Hastings says Netflix has spent £400M in the UK in 2019 and plans a “big increase” next year — Netflix CEO Reed Hastings has said the streamer will spend £400m ($500m) on UK programming this year and added that there would be a “big increase” …
Discussion:
The Guardian and Reuters
Financial Times:
Amid rising competition and a dramatic fall in US subscribers during Q2, doubts arise over the sustainability of Netflix's debt-driven business model — On a sunny midsummer weekend in Los Angeles, Netflix turned the Santa Monica Pier — one of the city's busiest tourist destinations …
Discussion:
@mattgarrahan and @generalboles
Greg Dool / Folio:
Q&A with Andy Cohn, president and publisher of 20-year-old music magazine The Fader, on diversifying while remaining committed to the growing print magazine — President and publisher Andy Cohn reflects on survival, leadership, diversifying revenue and why he still believes in print.
Discussion:
@foliomag, @brittany0925 and @foliomag
Steven Zeitchik / Washington Post:
Experts say the enormous amounts spent on old shows like Seinfeld and The Big Bang Theory ignore a key point: we have no way of knowing how much shows are worth — The numbers are enough to make you think it's 1995 and George is first getting mad at Jerry for breaking their pact.
Discussion:
@alexgiess and @jeffjarvis
Sarah Perez / TechCrunch:
YouTube to tighten creator verification in October, focusing on channels with a need for proof of authenticity and clarifying verification isn't an endorsement — YouTube's verification program is getting a massive overhaul, the company announced today, which will likely result in a number …
Hadas Gold / CNN:
Twitter suspends account of a former Saudi royal court adviser suspected of involvement in Khashoggi murder and six accounts linked to Saudi state media — London (CNN Business)Twitter has suspended or removed thousands of accounts linked to governments in the Middle East …
Discussion:
Twitter, TechCrunch and Al Jazeera, more at Techmeme »
Bloomberg:
The trial of two Bloomberg journalists, along with 36 other defendants, has begun in Turkey, where they're accused of trying to undermine its economic stability — A Turkish court held its first hearing on Friday of a case against two Bloomberg reporters accused of trying to undermine the country's economic stability.
Leo Barraclough / Variety:
Viacom joins Britbox, the BBC and ITV joint venture, making Comedy Central's UK productions as well as Channel 5 shows available on the platform — Viacom-owned Channel 5 and Comedy Central have joined BritBox, the “best-of-British” subscription streaming service created by the BBC and ITV.
Discussion:
Reuters and Broadband TV News
Cristina Tardáguila / Poynter:
Fact-checkers Legal Support Initiative publishes legal guides for fact checkers in the US, Italy, Philippines, and Brazil — Fact-checkers from all over the world are harassed and threatened for the work they do. A response to this situation has long been needed.
Discussion:
@groundtruth, @factchecknet and @poynter
The Lenfest Institute for Journalism:
Knight-Lenfest Local News Transformation Fund makes first grants: $5.25M to three Philadelphia recipients to support new models for local journalism — Fund's first grants to support new local journalism models, advanced technology for newsrooms — The Knight-Lenfest Local News Transformation Fund …
Discussion:
@lenfestinst, @pilhofer, Inquirer.com, @swischnowski, @schmalie, @pkerkstra, @tylrfishr, @kimfox, @billy_penn, @tylrfishr, @tylrfishr, @tylrfishr, @shanbow, @jroxann, @lenfestinst and Talking Biz News
Jon Lafayette / Broadcasting & Cable:
Nexstar Media completes $7.2B acquisition of Tribune Media, creating the biggest US broadcaster, reaching 39% of US households with TV stations in 115 markets — $7.2B deal creates largest U.S. broadcaster — Nexstar Media said it completed its $7.2 billion acquisition of Tribune Media to create the biggest broadcaster in the U.S.
Discussion:
Radio & Television … and Variety
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