Top News:
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, Observer and Multichannel News
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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, @pauldees3xchin, @joshgerstein, @adamgoldmannyt, @kateirby, Law & Crime and Raw Story
Todd Spangler / Variety:
Roku beats analyst estimates with Q2 revenue of $356.1M, up 42% YoY, and says it has 43M active streaming accounts with streaming hours rising 65% YoY — Roku, helped again by stay-at-home streaming during the coronavirus pandemic, topped Wall Street earnings estimates for the second quarter …
Discussion:
Roku, AdExchanger, @xpangler, @megancgraham, @loudmouthjulia, Light Reading, The Streamable, CNBC and Hollywood Reporter, more at Techmeme »
Craig Chamberlain / Illinois News Bureau:
Study of 2,000 journalists' Twitter use: Beltway journalism may be “even more insular than previously thought” with journalists talking too much to each other — CHAMPAIGN, Ill. — Journalists in Washington, D.C., have long been accused of living in a “Beltway bubble,” …
Hanaa' Tameez / Nieman Lab:
The Kashmir Walla launches a membership program after online traffic disappeared following Kashmir's internet blackout and ad revenue dropped due to COVID-19 — “People don't just pay for the product and the content. People pay for the idea behind it and the credibility.
Discussion:
@ibnkhalid_, @sanasaeed, @yashjournals, @pzfahad, @mariabustillos, @tkwmag and Business Insider
Sarah Perez / TechCrunch:
Facebook launches Instagram Reels, its TikTok competitor that lets users create and publish 15-second videos, in 50+ countries, including the US, UK, and Japan — Instagram Reels, the company's significant effort in challenging TikTok on short-form creative content, is launching globally, starting today.
Discussion:
One Man & His Blog, Instagram, Wall Street Journal, Ad Age, CNBC, Axios, The Verge, Lighthouse Insights, Alex's Newsletter, @karaswisher, Android Police, Vox, Mumbrella and MediaPost, more at Techmeme »
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.
Sara Fischer / Axios:
TikTok tightens policies against manipulated content, expands fact-checking partnerships, and is working with DHS's Countering Foreign Influence Task Force — TikTok announced new rules for its users on Wednesday to curb misinformation and manipulation ahead of the 2020 election.
Dave Davies / NPR:
Q&A with WaPo's Margaret Sullivan, author of Ghosting the News, on the decline of local news, how orgs like Report for America are helping, and more — More than 2,000 newspapers have shut down in recent years, and some regions have become news deserts.
Discussion:
@report4america and @sulliview
Robert D. McFadden / New York Times:
Pete Hamill, the celebrated reporter who worked as a columnist and the top editor of The New York Post and The Daily News, and authored many books, dies at 85 — He was, among other things, a celebrated reporter, columnist and the top editor of The New York Post and The Daily News and the author of numerous books.
Discussion:
Poynter, New York Daily News, @danbarrynyt, @lisa_olson1, @aodespair, @senschumer, @ejdionne, @stengel, @davidlat, @thestevenweber, @coreykilgannon, @om, @rachelking, @mikebarnicle, @sydbrownstone, @vurnt22, @stanleycohenlaw, New York Post, @joelmsiegel, @edokeefe, @nycspeakercojo, @clauirizarry, @tonymess, @devlinbarrett, @cliffordlevy, @nytimesbooks, @sarahhepola, @nytmedia, @craigtimes, @dgisserious, @howardkurtz, abc7NY, MediaPost, Rolling Stone, The Wrap, Hollywood Reporter, The Hill and Gothamist
Tribune Publishing Company:
Tribune Publishing reports Q2 net income of $1.6M on revenue of $183.1M, which is down 26.9% YoY; ad revenue fell 48.1% YoY and digital-only subs rose 39.7% YoY — Exceeded previous guidance for 2nd Quarter Revenues and 2nd Quarter Adjusted EBITDA — Digital content revenues and subscribers increased 40% year-over-year
Discussion:
@byjonharris and @byjonharris
Politico:
The death of independent media in Hungary exposes how EU lacks the political will and the legal tools to help preserve a vibrant free press in member states — Viktor Orbán's opponents want Brussels to use competition law in the media sector, but it's a long shot.
Discussion:
@kenroth, @politicoeurope and Politico
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 …
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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:
Press Gazette, Nieman Lab, Associated Press, CNBC, @niemanlab, The Wrap, @scribeguy, @dsamuelsohn, @pilhofer, @jason_a_w, @cliffordlevy, @palafo, @jimhansondc, @niemanlab, @yeselson, @kerrymflynn, @jessekblum, @emilybell, @jbenton, @edmundlee, @palewire, @sarafischer, @jodikantor, @marcatracy, @mattzeitlin, @jimwaterson, Poynter, @ericcrawford, @juliehdavis, Axios, AdExchanger and bookforum.com
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