Top News:
BBC:
Twitter says it will start labeling government-linked media accounts, as well as “key government officials”, from China, France, Russia, the UK, and US — Twitter says it will no longer “amplify” tweets by state-controlled media organisations, by excluding them from its recommendation systems.
Discussion:
Twitter, @twittersupport, @sdkstl, @nickpickles, The Verge, CNN, @hadas_gold and @twittersupport, more at Techmeme »
Keith J. Kelly / New York Post:
Advance Publications is considering moving Condé Nast out of One World Trade Center, where it has a 25-year lease, to address “current market conditions” — Conde Nast, which only finished moving into its HQ at One World Trade Center in 2014, is scouting midtown Manhattan for a potential new HQ.
Discussion:
@alpertdc, @chrisgayomali, @satansjacuzzi, @thecitywanderer, @hdylai, @ben_perreira, @matthewfamularo, @arjununcle, @hothothotboy69, @rosadona and Variety
The Wrap:
ViacomCBS to launch a paid international streaming service in early 2021 starting with Australia, Latin America, and Nordic countries — ViacomCBS is launching an international streaming service in early 2021, the company announced during its second-quarter earnings call Thursday.
Discussion:
Variety, Adweek, Multichannel News and IGN
RELATED:
Dade Hayes / Deadline:
ViacomCBS Q2: revenue of $6.3B, down 12% YoY; net earnings of $478M, down 51% YoY; advertising fell 27% YoY; total streaming revenue grew 25% YoY to $489M — ViacomCBS absorbed a blow to its advertising business from COVID-19 in the second quarter, beating Wall Street forecasts for earnings but clearing the bar for total revenue.
Discussion:
Multichannel News, MediaPost, The Streamable, The Wrap, The Streamable and Business Wire
Rick Edmonds / Poynter:
Ken Doctor's Lookout Local, a network of local digital outlets, to launch first in Santa Cruz in the fall with $2.5M in grants and an LAT content partnership — As promised last fall, Ken Doctor is turning from reporting and analyzing the trials of the local news industry to creating Lookout Local …
Discussion:
@scottbrodbeck and Lookout Local
Nathan Bomey / USA Today:
Gannett Q2: $437M net loss; revenue of $767M, down 28% YoY; print ads down 45% YoY to $188M, digital ads down 27% YoY to $104M; digital subs up 31% YoY to 927K — USA TODAY owner Gannett reported a net loss of about $437 million in the second quarter as businesses cut back on advertising amid …
Discussion:
@raju and Business Wire
Annie Karni / New York Times:
Pence's pool reporter Wednesday wasn't a WH press corps member, but a Heritage Foundation VP and editor of the think tank's news site, the Daily Signal — Instead of a member of the White House press corps, the role of pool reporter was filled by Robert B. Bluey, a vice president at the Heritage Foundation.
Discussion:
@lachlan, @anniekarni and @robertbluey
Lesley Goldberg / Hollywood Reporter:
NBC Entertainment Chairman Paul Telegdy is leaving following a shakeup, after claims he fostered a toxic culture; Frances Berwick to lead NBCU content strategy — The conglomerate is searching for an executive to oversee a new entertainment programming unit.
Discussion:
Adweek, The Wrap, NBC News, Los Angeles Times, @thewendylee, @adriennelaw, @kimmasters and @dylanbyers
Kate Irby / The Fresno Bee:
A federal judge ruled Wednesday that Rep. Devin Nunes cannot sue Esquire and Hearst for defamation over a 2018 story about his family's farm in Iowa — Rep. Devin Nunes cannot sue Esquire magazine over a 2018 story that described his family's farm in Iowa, a federal judge ruled Wednesday …
Discussion:
@lawsuitsdevin, @katiephang, @lawsuitsdevin, @kateirby, @girlsreallyrule, @pauldees3xchin, @adamgoldmannyt, @kateirby, @joshgerstein, Law & Crime and Raw Story
Apekary / Ariana Pekary:
An MSNBC producer who quit her job describes how ratings pressure distorts commercial TV news, amplifying fringe voices and stoking division even amid crisis — “Just quit.” — That's the advice Alec gave a year and a half ago when I expressed concerns about my job. — “You just quit.
Discussion:
@andrewyang, @noonanjo, The Hill, @arianapekary, @noahshachtman, @barbararkay, @samstein, @rustycannon, @arianapekary, @jenniferbrandel, @jordynelee, @greta, @jbarro, @dannagal, @jbview, @jordynelee, @elienyc, @jeffjarvis, @jeffjarvis, Independent Women's Forum, New York Daily News and Ariana Pekary
Dominic Sunnebo / Kantar Worldpanel:
In Q2, 44% of new SVOD subscriptions were taken by households with existing ones; Amazon Prime Video had 23% of new SVOD subs, up 14% QoQ, and HBO Max had 10% — Amazon saw its share of new streaming video on-demand subscribers in the United States surge more than 23% during …
Discussion:
The Wrap, @kantar, Observer and Multichannel News
Tony Semerad / Salt Lake Tribune:
Salt Lake Tribune Executive Editor Jennifer Napier-Pearce resigns, citing differences with board chairman Paul Huntsman; board names David Noyce interim editor — Salt Lake Tribune Executive Editor Jennifer Napier-Pearce has resigned. — The veteran journalist and former public-radio reporter …
Discussion:
Talking Biz News, @alison__berg, @marina_gomberg, @julie_jag, @sarapweber, @alison__berg, @religiongal, @coreyhutchins, @votedarlene, @mdlaplante, @hberkes and @jayrosen_nyu
Alex Barker / Financial Times:
Sources: staff hired for international news channel NBC Sky World News were told that Comcast couldn't support the project as the business model is now unviable — Business model of NBC Sky World News project has become unviable due to Covid-19, staff told
Discussion:
Deadline, Digital TV Europe and @vivian
Business Wire:
NYT reports Q2 net income of $23.7M, down 6% YoY, revenue of $403.8M, down 7.5% YoY, with ad revenues down 43.9%, and has a total of 6.5M subscribers — NEW YORK—(BUSINESS WIRE)—The New York Times Company (NYSE: NYT) announced today second-quarter 2020 diluted earnings per share …
RELATED:
Marc Tracy / New York Times:
NYT says it has added 669K new digital subscribers in Q2 and its digital revenue, at $185.5M, exceeded print revenue, at $175.4M, for the first time
Discussion:
Poynter, Nieman Lab, Press Gazette, Talking Biz News, @rangamberi, @niemanlab, CNBC, @mathewi, Associated Press, @scribeguy, @cliffordlevy, @pilhofer, @jason_a_w, @dsamuelsohn, @palafo, @jimhansondc, @niemanlab, @yeselson, @kerrymflynn, @jessekblum, @emilybell, @jbenton, @edmundlee, @palewire, @sarafischer, @jodikantor, @marcatracy, @mattzeitlin, @jimwaterson, The Wrap, @ericcrawford, @juliehdavis, Axios, AdExchanger and bookforum.com
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