Top News:
Wall Street Journal:
In a note to readers, the WSJ editorial board reacts to a letter signed by 280+ WSJ employees by telling readers it will not change “our principles and content” — These pages won't wilt under cancel-culture pressure. — By The Editorial Board
Discussion:
Vanity Fair, @bgrueskin, @benmullin, @lollardfish, @kevinmdraper, @dnvolz, @dseetharaman, Mediaite, @ianbassin, @leshinton, @danteandbea, @danfostertype, @jayrosen_nyu, @leginsurrection, @sopandeb, @dangillmor, @blakehounshell, @billkristol, @jayrosen_nyu, @birdyword, @radleybalko, @bgrueskin, @jbarro, @tomgara, @rinireg, @bradsling, @carlquintanilla, @bgrueskin, @glennf, @tmannwsj, @rjcc, @markberman, @kimstrassel, @jeffreyasachs and Talking Biz News
New York Times:
Troy Young, president of Hearst's magazine unit, resigns a day after reports surfaced of his history of lewd remarks amid a culture of discrimination — Troy Young was elevated to lead the magazine division in 2018 as the face of digital transformation despite complaints of bullying and harassment.
Discussion:
@benyt, Adweek, CNN, Ad Age, @nytimes, Business Insider, @paigeleskin, @kerrymflynn, @rachelsklar, @onesarahjones, @jonseff, @sueonthetown, @abbygardner, @amyvernon, Adweek, @ichotiner, The Daily Beast, @chrissyford, @prachigu, @michelleruiz, @michelleruiz, @briannawu, @joshsternberg, @katie_robertson, @jessicavalenti, Fox News, Washington Post, The Wrap and Axios
Bloomberg:
Ebony Media Holdings is sued by creditors who want to push the company into bankruptcy to pay off its debts; Parkview Capital Credit says it is owed $11.8M — The owner of Ebony, one of nation's top African-American publishers, is being sued by creditors who want the company pushed into bankruptcy to pay off its debts.
Discussion:
Wall Street Journal and BloombergQuint
Erik Wemple / Washington Post:
Fox News's Tucker Carlson set up two NYT freelancers for harassment when he misled viewers into thinking the NYT was about to publish his Maine address — Two freelance journalists in Maine have sustained abuse and threats after being named by Fox News host Tucker Carlson on Monday night …
Discussion:
Poynter, @donmoyn, @erinlschumaker, @mehdirhasan, @deborahblum, @carloslozadawp, @oneunderscore__, @audreyhasnews, @paulwaldman1, @oliverdarcy, @normornstein, @davmicrot, @mehdirhasan, @edbott, @joshtpm, @jamesgleick, @aaschapiro, @hshaban, @lukeobrien, @dansaltzstein, @alexmleo, @davidgura, @andrewfeinberg, @brianstelter, @adamweinstein, @jamessurowiecki and @ejleven
Pamela McClintock / Hollywood Reporter:
Sources: Warner Bros.' Tenet likely to get a staggered release, in international markets in late August, then in the US in early September if more theaters open — The $200 million tentpole is planning on opening first overseas as a surge in COVID-19 cases hits the U.S.
Discussion:
Variety, Deadline, Variety, Deadline, Hollywood Reporter, Variety, @davezatz, @j_schneider, @richardlnewby, @philnobilejr, @johnnysobczak, /Film, MickeyBlog.com, The Wrap and The Verge
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Kara Scannell / CNN:
Judge rules transferring Michael Cohen back to jail was “retaliatory because of his desire to exercise his First Amendment rights to publish a book” — New York (CNN)A federal judge ordered Michael Cohen to be released into home confinement after finding the government had sent …
Discussion:
Associated Press, CNBC, Techdirt, Breitbart, Raw Story, The Wrap and Rolling Stone
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Maxine Bernstein / Oregonian:
Federal judge temporarily bars federal officers from using force, threats, or dispersal orders against journalists or legal observers at Portland demonstrations — A federal judge on Thursday issued a 14-day order temporarily barring federal officers from using force, threats and dispersal orders …
Paul Sawers / VentureBeat:
Pandora expands interactive voice ads in beta and lets users of its free tier search for on-demand music by voice if they agree to watch a video ad — Pandora is expanding the scope of its interactive voice-based advertising today, launching the service in beta for more listeners and advertisers …
Discussion:
TechCrunch, @chrismessina and The Verge
Julia Alexander / The Verge:
TikTok says it is launching a new $200M fund to pay creators directly for their content — The first major monetization effort from the company — As TikTok continues to grow in popularity and its personalities become mainstream celebrities in their own right, the company is trying …
Discussion:
Newsroom | TikTok, Variety, Bloomberg, MediaNama, @sophiasgaler, @jake_k, @sarahfrier, @wgruger, @taylorlorenz, @lmatsakis, @apompliano, Gizmodo, Engadget and TechCrunch, more at Techmeme »
Brian Fung / CNN:
Jack Dorsey says Twitter is actively exploring additional ways to make money from its users, including through a subscription model — Washington (CNN Business)Twitter (TWTR) is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday.
Discussion:
@elanazak, Bloomberg, @victoriasanusi, @genepark, @transscribe, @guykawasaki, @diojoonysus, @quinnypig, @joshuahol, @voteforhani, @kenzoshibata, @khosrokalbasi, @actually_tina, @aubreybell, @seamus_malek, @rebel44cz, @aubreybell, @mel_ankoly, @mutablejoe, @profgalloway, @classicsunrise, @iwriteallday_, @jemelonefive, @asteadwesley, @matthaig1, @rupertmyers, @ziyatong, @jimmfelton, @arawnsley, @andybeal, @oksomik, @emzanotti, @lurino, @zackwhittaker, @lachlan, @alex_roarty, SFist, @carnage4life, @twitterir, @twitterir, @twitterir, @twitterir, @twitterir, @twitterir, @twitterir, @twitterir, Gizmodo Australia, Nerdist, TechCrunch, Engadget and Business Insider, more at Techmeme »
J-Source / @jsource:
Leaked memo: Canada's Global News announces layoffs as part of a broad restructuring, blaming a collapse in ad revenue brought on by COVID-19 — Layoffs “ongoing all morning” at Global News, says an affected worker. A handful of staff have tweeted news of departures. https://globalnews.ca/ will no longer “[support] lifestyle, entertainment & social media teams,” says Troy Reeb, EVP of broadcast networks in email to staff https://twitter.com/...
Murray Stassen / Music Business Worldwide:
TikTok and the National Music Publishers' Association sign licensing agreement that suggests TikTok has agreed to pay for unlicensed past use of members' works — TikTok and the US-based National Music Publishers' Association (NMPA) have inked a multi-year licensing agreement.
Discussion:
Billboard
Julia Alexander / The Verge:
AT&T says HBO Max has 4M+ customers; users spend 70% more time on HBO Max than on HBO Now, which is available on Roku and Amazon Fire TV — The question is whether those numbers were hurt by ongoing Roku and Amazon deals — HBO Max has signed up more just over four million customers since …
Discussion:
New York Times, @loudmouthjulia, /Film and The Streamable
RELATED:
Todd Spangler / Variety:
AT&T Q2: WarnerMedia operating revenue fell 22.9% YoY to $6.8B; HBO/HBO Max subscribers grew 5% in H1 2020 to 36.3M; premium TV subscribers shrank 18% YoY
Discussion:
Variety, AdExchanger, @variety, @michcoll, @mmonticolo, @joshraby, @jourdayen, TechCrunch, The Wrap, @xpangler, @xpangler, @awolk, @thr, The Wrap, Multichannel News, CNN, MediaPost, Decider and Reuters
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