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:
Press Gazette, Wall Street Journal, Adweek, CNN, Ad Age, Talking Biz News, @cliffordlevy, The Wrap, @marcatracy, @edmundlee, @will_bunch, @abgutman, Business Wire, @rasmus_kleis, @kerrymflynn, @jbenton, @nytimes, @gerryfsmith, @nickconfessore, @frankpallotta, @palafo, @nytimespr, @soledadobrien, @edmundlee, @marcatracy, @marcatracy, @marklittlenews, @nickkristof, @marcatracy, @evanchill, @marcatracy, @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 — Introducing the company's independent oversight board. — The authors are co-chairs of Facebook's oversight board. — Social media affects people's lives in many ways, good and bad.
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
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, @lucas_shaw, @andrewornot, Softpedia News, @baekdal, @bryanyeager, @markbspiegel and The Verge, more at Techmeme »
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, Observer, CNBC, The Walt Disney Company, Broadcasting & Cable, Forbes, The Wrap, Variety, Deadline, Variety, Morning Brew, @orlandosentinel, @brentalang, @sherman4949, @realwillmeade, @alexweprin, @richlightshed, @alexweprin, @natjarv, @natjarv, @xpangler, @xpangler, @cnbc, Bloomberg, Fast Company, Axios and Deadline
RELATED:
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, @mollyjongfast, @petridishes, @diannananez, @brieannafrank, @brieannafrank, @poynter and @jayrosen_nyu
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.
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:
Mediaite, Columbia Journalism Review, Polls, TVNewser, Vanity Fair, @jayrosen_nyu, ABC News, @oliverdarcy and @ericboehlert
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 …
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:
@jeremiahlee and @counternotions
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, more at Techmeme »
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