Top News:
Marc Tracy / New York Times:
NYT Q1: net income up 8.9% YoY to $32.8M on revenue of $443.6M, up 1% YoY, ad rev fell 15.2% YoY, digital subscriptions grew 39.6% YoY to 5M of 5.8M total subs — Widespread interest in coronavirus coverage drew nearly 600,000 digital subscribers during three months of 2020.
Discussion:
Nieman Lab, Press Gazette, CNN, Adweek, Business Wire, MediaPost, Wall Street Journal, Adweek, @cliffordlevy, @dleonhardt, @jyarow, @stevekopack, @marcatracy, Talking Biz News, @rasmus_kleis, @kerrymflynn, @jbenton, @nytimes, @gerryfsmith, @nickconfessore, @edmundlee, @frankpallotta, @palafo, @nytimespr, @soledadobrien, @edmundlee, @marcatracy, @will_bunch, @marcatracy, @abgutman, @marklittlenews, @nickkristof, @marcatracy, @evanchill, @marcatracy, The Wrap, @jswatz, @jeffreyt1, @nytimespr, @suzannelynch1, @stuartathompson, @jimrutenberg, @bydanielvictor, AdExchanger and @bethkassab
New York Times:
Facebook announces the first 20 members of its Oversight Board, out of a total of 40, including ex-Guardian editor Alan Rusbridger — The company's independent oversight body will focus on challenging content issues, such as hate speech and harassment. — The authors are co-chairs of Facebook's oversight board.
Discussion:
@nytopinion, Oversight Board, Reason, The Week, Engadget, @umairh, @nighatdad, @niemanlab, @oversightboard, @slpng_giants, @dexbarton, Politico, CNET, @hadas_gold, About Facebook, The Verge, @sivavaid, @parkermolloy, @dlberes, @jameeljaffer, @kevinroose, @hellethorning_s, @jamalgreene, @filip_struharik, @evelyndouek, @columbialaw, @broderick, @daphnehk, @rasmus_kleis, @adamboultonsky, @caseynewton, @mvzelenks and @jeffjarvis, more at Techmeme »
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Alan Rusbridger / OneZero:
Some will inevitably see Facebook's Oversight Board as a fig leaf, but in my view, there's no excuse for not trying
Discussion:
@arusbridger and The Week
Tom Jones / Poynter:
Reporter describes harassment by Trump supporters for wearing masks outside a Honeywell plant while Trump was inside thanking staff for making masks — Reporters covering President Donald Trump's visit to a Honeywell plant in Arizona on Tuesday faced nasty words from a small group of his supporters.
Discussion:
@brieannafrank, @poynter, @mollyjongfast, @petridishes, @diannananez, @brieannafrank, @brieannafrank and @jayrosen_nyu
Joe Mandese / MediaPost:
Axel Springer to merge eMarketer and Business Insider Intelligence to form Insider Intelligence — eMarketer, founded in 1996 and acquired by German publishing company Axel Springer in 2016, is being merged with Business Insider Intelligence, a research and reports division launched in 2015 …
Discussion:
Digiday
Natasha Lomas / TechCrunch:
European Data Protection Board publishes updated guidelines arguing that scrolling and “cookie walls”, which block users from content, don't constitute consent — You can't make access to your website's content dependant on a visitor agreeing that you can process their data — aka a ‘consent cookie wall’.
Discussion:
Engadget, @jeremiahlee and @counternotions, more at Techmeme »
Bloomberg:
Spotify CEO expects Apple to “open up” its platform more to 3rd-party apps, after Spotify's antitrust complaint with the EU, but sees it as a long-term process — - Apple plans to let other music services integrate with HomePod — Ek says ‘steps to go before’ Apple is open and fair platform
Discussion:
Bloomberg, @alexeheath, @johnlmacfarlane, @markets, @lucas_shaw, @baekdal, @bryanyeager, @markbspiegel, @andrewornot, Softpedia News and The Verge, more at Techmeme »
Todd Spangler / Variety:
Internal email: BuzzFeed's Peretti announces plans to keep losses under $20M, including furloughs for 68 who keep health insurance and extending salary cuts — BuzzFeed, still hoping to avoid layoffs during the economic downturn caused by COVID-19, will furlough 68 staffers without pay starting next week through mid-August.
Discussion:
@maxwelltani and @xpangler
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BuzzFeed:
BuzzFeed names Mark Schoofs as EIC of BuzzFeed News, starting May 18; a Pulitzer winner, Schoofs is currently a professor at USC, where he'll continue to teach
Discussion:
New York Times, The Wrap, @schoofsfeed, @benyt, Talking Biz News, Press Gazette, @peretti, @willow_bay, @chandlerfrance_, The Wrap, @galenbacharier, MediaPost, @annenbergmedia, @melissadsegura, @dicktofel, Variety, @chrisgeidner, @jayrosen_nyu, Wall Street Journal, @miriamelder, @o_ema, @annehelen, @felixsalmon, @cwarzel, @buzzfeednews, @tomnamako, @schoofsfeed, @jasonleopold, @jeremymbarr, @saba_h, @jeremymbarr, Mediaite, Axios, The Hill, @adndotcom, @latimes, @iraglass and @yamiche
The Information:
Sources: WarnerMedia has had talks about selling Crunchyroll, a streaming service that specializes in Japanese anime, with Sony among possible buyers — AT&T's WarnerMedia has had discussions about selling Crunchyroll, a streaming service that specializes in Japanese anime, according to people familiar with the matter.
Discussion:
@cityofthetown, @laureninspace, @lheiskell and Digiday
CNN:
In Trump's first TV interview outside the Fox-verse since the start of the pandemic, ABC's David Muir let Trump float brazen misinformation to millions — When he sat down to interview President Trump, David Muir had an enormous responsibility on his hands.
Discussion:
Polls, Columbia Journalism Review, Mediaite, Vanity Fair, @oliverdarcy, @jayrosen_nyu, @ericboehlert, TVNewser and ABC News
Dave McNary / Variety:
Authentic Brands and David Glasser's 101 Studios partner to launch Sports Illustrated Studios, with plans for several TV series and feature films per year — Sports Illustrated Studios is launching to develop feature film and television projects as a joint venture between David Glasser's 101 Studios …
Janko Roettgers / Protocol:
Sources: Google to release a Fire TV-like Android TV dongle with a new content-centric UI in the coming months, likely extending its Nest brand to the product — Google is set to introduce an Android TV streaming device in the coming months, a reimagined dongle with a new user interface …
Discussion:
Light Reading and The Verge, more at Techmeme »
Robert Channick / Chicago Tribune:
The union representing Chicago Tribune newsroom staff and other Tribune workers is trying to unseat 2 board members representing hedge fund Alden Global Capital — The union representing newsroom employees at the Chicago Tribune and other Tribune Publishing newspapers is waging a proxy campaign …
Discussion:
Nieman Lab, @chicagotribune, @rumormill, @tshortell, @tidewaterguild, @royalpratt, @gaufre and @baltsunguild
Angela Lashbrook / OneZero:
A look at Libro.fm, an indie audiobook company, and Bookshop.org, whose 10% affiliate share extends to its 3K+ partners, including NYT, Vox, and 560 bookstores — Bookshop and Libro.fm hope to change your shopping habits. Will it last after the pandemic?
Discussion:
@ozm, @dlberes, @bookshop_org, @medium, @lemonsand, @ozm and @lmatsakis
Will Oremus / OneZero:
Interviews with Emily Bell and Ken Doctor highlight potential gains and pitfalls if Silicon Valley giants were to start compensating news producers — With news outlets in crisis, some countries are turning to Big Tech to save them. That's trickier than it sounds. — News media are in crisis.
Discussion:
The Verge, @rasmus_kleis, Beyond Search, American Press Institute, @jeffjarvis, @ozm, @willoremus, @yeahyeahyasmin, @dlberes, @bryson_m, @kerrymflynn, @donie, @lenoretaylor, Free Press and The Guardian
CNBC:
Disney reports $18.01B in Q2 revenue vs. $17.8B expected, up 21% YoY, estimates COVID-19 impact on Q2 operating income for parks and experiences was about $1B — - Disney reported mixed results for its Q2 2020 earnings after the bell on Tuesday. — The pandemic has disrupted Disney's theme parks …
Discussion:
The Wrap, Axios, CNBC, The Walt Disney Company, Broadcasting & Cable, The Wrap, Variety, Observer, Forbes, Morning Brew, @orlandosentinel, Deadline, @brentalang, @sherman4949, @realwillmeade, @alexweprin, @richlightshed, @alexweprin, @natjarv, @natjarv, @xpangler, @xpangler, @cnbc, Bloomberg, Fast Company and Deadline
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