Top News:
Sara Fischer / Axios:
Facebook's new policy will label as political any promoted content by US news outlets with direct ties to political groups and ban them from the News tab — Facebook is rolling out a new policy that will prevent U.S. news publishers with “direct, meaningful ties” to political groups …
Discussion:
@arawnsley, @persily, @robpegoraro, @nickpacilio and @emilybell
Munsif Vengattil / Reuters:
Tencent Music reports Q2 net income of $135M, up 1.4% YoY, on revenue of $997M, up 18% YoY; paid users rose 52% YoY to 47.1M — Munsif Vengattil, Pei Li — (Reuters) - China's Tencent Music Entertainment Group (TME) (TME.N) said on Monday its quarterly revenue leaped 18% …
Discussion:
TechCrunch, Tencent Music and Reuters
Reid Nakamura / The Wrap:
The anti-Trump episode of Black-ish that was canned by ABC in 2018 and led its creator Kenya Barris to sign with Netflix finally debuts on Hulu — The canned episode of “Black-ish” that led to a dispute between Disney and creator Kenya Barris, and Barris eventually decamping for a new deal at Netflix …
Discussion:
Hollywood Reporter, Vanity Fair, Los Angeles Times, /Film, NME, Hollywood Reporter, Paradox Newsletter, @laceyvrose, Variety, The Verge, Vanity Fair, Decider and New York Post
Sara Fischer / Axios:
NYT is researching launching a standalone subscription for Wirecutter, akin to existing ones for Cooking and Crosswords — The New York Times is in the early stages of researching a consumer subscription for its product recommendation site Wirecutter, according to a job description posted on LinkedIn.
Discussion:
Talking Biz News, @studyhallxyz, @jessicalessin, @seangriffey and @simonowens
Rachael Myrow / KQED:
California public radio station KQED announces layoffs of 20 staff to help address a projected $7.1M budget gap, blaming a sharp corporate sponsorship decline — KQED announced Monday it is laying off 20 staff members, representing 5.5% of its workforce, while a handful of other employees had their hours reduced.
Discussion:
@lilyjamali, @sciencequiche, @sonipaul, @okcouncil, @s_m_i and @peterhartlaub
Juli Clover / MacRumors:
In iOS 14, Apple News+ publishers' web links are opened in the Apple News app by default for Apple News+ subscribers, though this feature can be turned off — Apple News in iOS 14 and macOS Big Sur has a toggle that's designed to open web links from Apple News+ publishers directly …
Discussion:
@arctictony, American Press Institute, What's New in Publishing, The Verge, TechCrunch, @mattnavarra, AdExchanger, The Loop, @harrymccracken, @claytonmorris, @tomcoates, @jaredcwhite, @alexjamesfitz, @scmitchp, @tomgara, @lizmair, @nathanblawrence, @mgsiegler, @tomcoates, @tomcoates, @tomcoates, @dimsartz_, @tomcoates, @krave, @bzamayo, @panzer, Ad Age, @robpegoraro, @eric_seufert, @arctictony, AppleInsider, @caseyoppenheim and Forbes, more at Techmeme »
BBC:
Following Jimmy Lai's arrest, his newspaper runs the headline “Apple Daily must fight on,” and says 500K copies were printed, up from the usual 100K — Hong Kong's Apple Daily newspaper has vowed to “fight on” after the arrest of owner Jimmy Lai under a controversial security law imposed by Beijing.
Discussion:
Press Gazette, ITV, Reuters and Press Gazette
RELATED:
Bloomberg:
Hong Kong police have arrested pro-democracy media tycoon Jimmy Lai as well as his sons and Next Digital execs under its new national security law
Discussion:
New York Times, @joshuawongcf, Nieman Lab, Washington Post, @bungarsargon, The Week, CNN, @wesleyhunttx, @jimsciutto, International Press Institute, @williamyang120, @senjeffmerkley, Wall Street Journal, New York Times, @zachweinberg, @senatorromney, @jchengwsj, Los Angeles Times, @ceccgov, @ezracheungtoto, @hkpoliceforce, @mpwangtingyu, Wall Street Journal, @jchengwsj, @nathanlawkc, @aliciakearns, @antoniogm, @maxboot, @katiekings, @kanghexin, @bydanielvictor, @fion_li, @andygreensf, @fion_li, @tanganzhu, @melissakchan, @melissakchan, @maryhui, @birdyword, @birdyword, @paulmozur, @maryhui, @jcrutchmer, @maryhui, @maryhui, @maryhui, @shibanimahtani, @shibanimahtani, @w7voa, @chungyanchow, @axios, @lisafleisher, @terryglavin, @business, @iainmarlow, @rdrv3, @dangillmor, @evadou, @newley, @newley, @business, @mcfaul, @alvarosmith_, Foreign Affairs, Committee to Protect …, South China Morning Post, Washington Post, @galileocheng, Reuters and Axios
Phil Nickinson / WhatToWatch:
Disney acquires 6.6M shares in FuboTV owner FaceBank Group, giving the former a ~17% stake — As in some 6.6 million shares worth. — FuboTV today postponed its Q2 earnings release. Turns out it had a pretty good excuse, because Walt Disney Co. just bought some 6,630,012 shares in FaceBank Group, which owns FuboTV.
Brian Schwartz / CNBC:
Bill O'Reilly's lawyer says O'Reilly is in final negotiations to host a show in the fall on NY radio station 77 WABC, owned by Trump ally John Catsimatidis — - Former Fox News host Bill O'Reilly is on the brink of landing his own radio show at a station owned by longtime Trump ally John Catsimatidis.
Discussion:
Mediaite
Maxwell Tani / The Daily Beast:
Sports Illustrated staff describe mismanagement issues under Maven like the CEO hiring his relatives; Meredith has limited Maven's access to SI's photo archive — CUSTODY BATTLE — Staffers at the iconic sports mag feel caught in the middle of a war between the brand's owner and its publisher …
Wendy Lee / Los Angeles Times:
TikTok announces first round of recipients of its $200M US creator fund, composed of 19 creators, 6 in LA; source: at least one will receive six figures — TikTok on Monday pushed back against rivals eager to poach its U.S. video creators (and to lure their audiences) …
Discussion:
TikTok, @unitedtalent, @kalhanr, @rrhoover, @stokel, @natjarv, @thr, @tubefilter, @taylorlorenz, MediaPost, @loudmouthjulia, The Verge and Hollywood Reporter
Kevin Tran / Variety:
Data from 7Park: “Hamilton” on Disney+ reached 37% of US households in July, the largest streaming audience of 2020, ~3X that of Netflix's widest-reaching title — How big was “Hamilton” for Disney+? Far bigger than anything on Netflix in July, according to 7Park Data stats provided exclusively …
Discussion:
The Streamable, Paste, @hesherman, @variety, @bignoah256, @heidi_chung, @mr_masonthe2nd, @brianduffield, @awallenstein and /Film
Lesley Goldberg / Hollywood Reporter:
Disney changes name of 20th Century Fox Television to 20th Television and Fox 21 TV Studios to Touchstone Television — No leadership changes or layoffs are expected to come with the moves. — To no surprise, Disney is rebranding its TV studios to remove the Fox name from two of them.
Discussion:
The Verge, The Wrap, The Desk, @snazzyq, @rbpundit, @backlon, @wonderella, @thepressboxpod, @harrymccracken, Forbes, Variety and Deadline
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