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11:45 AM ET, August 11, 2020

Mediagazer

 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 …
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 …
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.
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.
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 …
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
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) …
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 …
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.
 
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Sheila Dang / Reuters:
In a memo to advertisers, TikTok says it will refund ad campaigns it can't fulfill due to a US ban and will work with influencers to migrate to other platforms
Discussion: Wall Street Journal