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Netflix names Ted Sarandos co-CEO, appoints Chief Product Officer Greg Peters as COO — Netflix is promoting its chief content officer Ted Sarandos to co-CEO, the company announced Thursday. The 20-year Netflix veteran will join current chief executive Reed Hastings in the role.
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CNN, The Streamable, Netflix Media Center, Wall Street Journal, The Verge, Fortune, TechCrunch, Yahoo Entertainment, The Wrap, ZDNet, MediaPost, New York Post, Reuters, @jank0, @pkafka, Fox Business, Deadline, Axios, Reuters and Adweek, more at Techmeme »
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Netflix reports Q2 revenue of $6.15B, up 24.9% YoY, and expects 2.5M net subscriber additions for Q3 vs analyst estimates of 5.27M; stock down 9%+ after hours
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@jank0, The National Interest, @jank0, Vox, TechCrunch, 9to5Mac, Axios and @stevekovach, more at Techmeme »


Trump admin orders hospitals to bypass CDC and send COVID-19 info to a database not open to the public, raising questions about reporter and researcher access — Hospitals have been ordered to bypass the Centers for Disease Control and Prevention and send all patient information …
Discussion:
@charlesornstein, CNBC, @ava, @repjerrynadler, @senschumer, @kathieallenmd, @ericboehlert, @drtomfrieden, @sherylnyt, @iansams, @joshuahol, @schwanksta, Breitbart, Vanity Fair, The Guardian, The Root, Deadspin, COURIER, Gothamist, @theresaboyle, Senator Chuck Schumer, Boing Boing, Mother Jones, The Nation, Raw Story, Letters from an American, CNN, The Independent, Fast Company, Fox News and NPR


The hedge fund set to own McClatchy cut 1,600 employees and shut down 30+ papers since taking over Canada's largest newspaper chain Postmedia in October 2016 — Since Chatham Asset Management took over Postmedia, Canada's largest newspaper chain, 1,600 employees have been laid off and more than 30 papers shut down.
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@jimwindolf, @jimwindolf, @edmundlee and @benestes
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McClatchy's average daily operating revenue fell 28% from February to the end of May, showing the challenges that newspapers are facing during the pandemic — When McClatchy declared bankruptcy in February, its debts were crushing, but its operating numbers weren't so bad.
Discussion:
@pohl_jason, @jbenton, @jeffjarvis and @jbenton


The Michelle Obama Podcast to launch exclusively on Spotify July 29; show to feature conversations with Conan O'Brien, Valerie Jarrett, Michele Norris, others — The former First Lady is coming to your headphones. — This morning, Higher Ground, the production studio of Barack and Michelle Obama …
Discussion:
Variety, @eldsjal, Shape, @andrealimjoco, CNBC, Washington Post, The A.V. Club, Associated Press, The Hill, Forbes, Spotify and The Root


Memo: Bloomberg EIC John Micklethwait says outlet publishes too many mediocre and/or long enterprise stories, stories should be shorter than 400 words or 900+ — Bloomberg News editor in chief John Micklethwait sent the following to the editorial staff on Wednesday:
Discussion:
@zseward, @dexbarton, @emilybell, @bendwalsh, @jamesrbuk, @fmanjoo and @mostafanageeb


Profile: Henok Degfu, founder of Ethiopian news outlet ZeHabesha, on his arrests for reporting, escape while facing defamation lawsuits, running pub from Minn — Henok A. Degfu is probably the only editor in Minnesota whose reporters used to file stories by internet, but have now switched to reading him notes over the phone.
Discussion:
@natocoles and @mukhtaryare


Eleven current or former Ellen DeGeneres Show employees detail a toxic work culture, blaming executive producers and senior management — Ellen DeGeneres has built her worldwide, multimillion-dollar brand on the motto “be kind,” with lavish giveaways and acts of charity.
Discussion:
The A.V. Club, New York Post, @ivieani, @mrernestowens, @evelynvwoodsen, @juliamoserrrr, @brosandprose, @annehelen, @krystielyandoli and @buzzfeednews


The Atlantic estimates events will make up 5-10% of revenue this year vs. 20% they comprised previously, aims to attract 1M attendees to its Atlantic Festival — The Atlantic's annual September festival is the brand's largest event of the year, accounting for approximately a third …
Discussion:
@niemanlab


Hulu is launching Ad Manager, a self-service tool targeted at SMBs with an ad budget of $500 or more, to make it easy to buy ads on its service — - Hulu is launching a “self-service” tool to make it easier for small and medium-sized businesses to buy ads on its service.


Reporters need to change their election coverage to consider whether Trump could steal the 2020 election and focus on voter suppression and fact-rejection — Donald Trump isn't running anything remotely like a normal presidential campaign. He's not appealing to a wide swath of the electorate.


NPR's Morning Edition should not have allowed AG Barr to make false statements in a segment on mail-in voting without adding context and fact-checking — NPR's four-member “election security team” is responsible for covering all things about American voting, from access, to fraud to innovations and investments in the process.
Discussion:
@carolinedraws, Raw Story, emptywheel, @gregpinelo, @susan_hennessey, @rickhasen, @marshallcohen, @phoenixwmn, @nprpubliceditor and @paulachertok


Pew: employment at digital-native outlets rose to 16,000 newsroom staff in 2019, but was still far lower than 34,950 at newspapers or 30,120 at broadcast TV — Digital-native news outlets - those “born on the web” - have seen a wave of cuts since the outbreak of the coronavirus as financial troubles continue to roil the news media.
Discussion:
@pewjournalism, @facttank, @claireatki, @facttank, @facttank and @facttank


Thee activists detail their experiences presenting the idea of police abolition to national audiences for the first time — Mychal Denzel Smith, Josie Duffy Rice, and Alex Vitale on the limits and opportunities of considering police abolition in an election year
Discussion:
@nafellows, @cjr, @kelan_lyons and @cjr


Six months after launch, news aggregator Knewz has been downloaded 28K times, per Sensor Tower; Google Analytics indicates 4.9M+ monthly unique visitors in June — It's been a little under six months since News Corp announced the launch of its news aggregator website and app Knewz (pronounced “news”.)
Discussion:
@digiday


The LA Times has placed sports columnist Arash Markazi on paid leave after employees complained of plagiarism, misrepresentation, and misuse of social media — The investigation began after members of the newspaper's sports department sent a letter to management demanding action. — MS
Discussion:
@vicenews and @kevinmdraper


Online ad sales are expected to drop between 19-23% this year, hindering digital outlets from turning expected profits and threatening consolidation — Tougher environment for likes of BuzzFeed and Vice raises prospect of more consolidation — It was supposed to be the year that digital publishers finally turned a profit.
Discussion:
@tonytassell, @annaknicolaou and 5ish