Top News:
Laura McGann / Vox:
To hold up to scrutiny, #metoo reporting has been built on extraordinary amounts of evidence and multiple accusers, factors missing in the case of Tara Reade — Tara Reade, a former staff assistant in Joe Biden's Senate office, on April 11. Max Whittaker/New York Times/Redux
News Corp:
News Corp reported $2.27B in revenue for the quarter ending March 31, down 8% YoY, with a net loss of $1B vs. net income of $23M in the prior year — - Revenues were $2.27 billion, an 8% decline compared to $2.46 billion in the prior year — Non-cash impairment charges of $1.1 billion …
Discussion:
@kerrymflynn, @kerrymflynn, @gerryfsmith, @kerrymflynn and @kerrymflynn
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Alex Weprin / Hollywood Reporter:
Rupert Murdoch will give up all of his News Corp cash bonus for this fiscal year, and CEO Robert Thomson will give up 75% of his cash bonus — The mogul will give up all of his cash bonus at his publishing company. — Media mogul Rupert Murdoch will give up 100 percent of his cash bonus …
Discussion:
Reuters and @kimmasters
Hollywood Reporter:
Experts say some media executives who pledged to forgo salaries will be repaid later, making current cuts merely a loan disguised as a financial sacrifice — A slew of top media and entertainment execs pledged to forgo salaries amid cost-cutting efforts, which risks being perceived as a token gesture …
Discussion:
@stevekopack and @dylanbyers
CNN:
In June 2015, White House Press Secretary Kayleigh McEnany harshly panned Trump, calling his comments on Mexican immigrants “racist”, then defended him by July — (CNN)New White House press secretary Kayleigh McEnany was a harsh critic of then-candidate Donald Trump before she became …
Discussion:
The Wrap, Washington Post, @kfile, @katierogers, @kfile, @juddapatow, @tarasetmayer, Mediaite, @jeremykonyndyk, Washington Post and WGN-TV
Todd Spangler / Variety:
Roku posts revenue of $320.8M for Q1, up 55% YoY, and a net loss of $54.6M, warns that ad revenue growth will slow this year; stock down 9%+ after hours — Roku's first-quarter revenue beat Wall Street estimates as COVID-19 quarantines have resulted in a massive streaming surge for the company.
Discussion:
Roku, MediaPost, Light Reading, The Wrap, @mylesudland, @xpangler and The Streamable, more at Techmeme »
New York Times:
Publishers and marketing execs say some advertisers essentially boycotted serious journalism unintentially by blocking ads from running near certain keywords — The Home of the Whopper, Verizon and Amazon are among the relative few that haven't been afraid to run ads near coverage of the coronavirus.
Discussion:
@lpolgreen, @digiday, @newsguardrating, @tiffkhsu, @maxwellstrachan, @fer_machado123, @benyt and @jason_kint
Dade Hayes / Deadline:
YouTube and ViacomCBS expand carriage deal, add 14 new networks, including BET, MTV, and Comedy Central, to YouTube TV this summer — YouTube and ViacomCBS have revealed an expanded, multi-year distribution deal that will add 14 new networks to the tech giant's YouTube TV service this summer.
Discussion:
The Streamable, CNN, Variety, The Verge, MediaPost, Engadget, Broadcasting & Cable and TechCrunch
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Joe Pompeo / Vanity Fair:
The NY Post and the Daily News, already reeling and still largely dependent on newsstands, have never looked more precarious than amid the COVID-19 emergency — The Post and the News, crucial pillars of the city's mindset, are reeling, with little hope in site. Could Rupert Murdoch sell the Post?
Abby Ohlheiser / MIT Technology Review:
A look at the symbiotic ties of anti-vaxxers and COVID-19 conspiracy theorists with mainstream YouTubers, as the platform tries to regulate misinformation — Covid-19 conspiracy theorists are still getting millions of views on YouTube, even as the platform cracks down on health misinformation.
Discussion:
NBC News, TechCrunch, The Daily Beast, BuzzFeed News, CNBC, @megancgraham, @sal19, New York Post, @brandyzadrozny, @wanderinghome, @brandyzadrozny, @ashleyscoby, Media Matters for America, @dangillmor, @glichfield, @peterhotez, Digital Trends, @mike_hixenbaugh and Engadget, more at Techmeme »
Fern Siegel / The Streamable:
NBCU's streaming service Peacock will be available on Xbox One devices at launch on July 15 — Peacock is expanding its audience reach. At its July 15 national rollout, the service will be available on Microsoft's Xbox One devices, including Xbox One S and Xbox One X.
Discussion:
Tom's Guide, CNET, Variety, Multichannel News and Variety
Charlie Wood / Business Insider:
Sonos cofounder calls out Spotify CEO's criticism of Apple, says it's “significantly more difficult to work within Spotify's ‘closed’ ecosystem than Apple's” — - The cofounder of smart speaker firm Sonos called out Spotify CEO Daniel Ek for his remarks on Apple's closed ecosystem.
Discussion:
@davezatz, Fortune, @johnlmacfarlane and @alexeheath, more at Techmeme »
Ellen Hammett / Marketing Week:
Study: half of the money brands invest in programmatic advertising never reaches online publishers; 15% of the money is unattributable to supply chain players — A new study by ISBA has found that half the money advertisers invest in programmatic advertising never reaches online publishers …
Discussion:
Digiday, @nandoodles, @martinjemoore, @bruceclarkprof, Nieman Lab, Adweek and The Media Nut
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