Top News:
Chris Krewson / LION Publishers:
As local newspapers like Chicago Tribune die, digital ecosystems that unbundle legacy newsrooms have the potential to truly reflect and serve their communities — Digital newsrooms are having a moment — but they're not “replacing” something. They're creating something new, which could do much more.
Todd Spangler / Variety:
AT&T Q2: HBO Max and HBO have 67.5M subscribers, up 12M YoY; HBO Max subscription revenue grew 39% YoY to $2B; WarnerMedia income fell 11.3% YoY to $1.7B — For the second quarter of 2021, the company reported a net gain of 2.8 million total domestic HBO Max and HBO subscribers …
Discussion:
New York Times, The Wrap, AT&T, Fast Company, @thewrap, @attnews, Ad Age, @xpangler, @richlightshed, @richlightshed, @richlightshed, CBS San Francisco, FierceVideo, Light Reading, Los Angeles Times, The Streamable, MediaPost, Wall Street Journal, The Streamable, Cord Cutters News, Media Play News and Hollywood Reporter
RELATED:
Cynthia Littleton / Variety:
Jason Kilar says Warner Bros. will produce at least 10 movies exclusively for HBO Max in 2022
Jason Kilar says Warner Bros. will produce at least 10 movies exclusively for HBO Max in 2022
Discussion:
/Film, @edmundlee, Financial Times, Junghoon's Direct Media …, @xpangler, UPROXX, Yahoo Finance, ScreenRant, Hollywood Reporter, The Playlist, CNBC, Collider, Observer and Media Play News
Los Angeles Times:
LA Times names Shani Hilton to a newly created role, managing editor for new initiatives; she'll oversee podcasts and video and foster newsroom experimentation — Shani Hilton has been appointed to the newly created role of managing editor for new initiatives at the Los Angeles Times, effective immediately.
Discussion:
@lisatozzi, @craigsilverman, @acnatta, @niemanlab, @sewellchan, @sorayamcdonald, @emilydreyfuss, @lpolgreen, @sdkstl, @meridak, @kristoncapps, @latlands, @kyoshino and MediaPost
Matthew Gault / VICE:
Old stories on news sites including WaPo are displaying embedded porn videos after the domain for the defunct video service Vidme was bought by a porn company — Stories on major news sites like ‘The Washington Post,’ and ‘New York Magazine’ currently have porn embedded in them.
Discussion:
@motherboard, @caseynewton, Awful Announcing, Crikey, @epro, @annemariebridy, @motherboard, @taylorlorenz, @s_m_i, The Verge, The Daily Caller, @margarita, Gizmodo, @davidbix, CNET, @lexnfx and The Wrap, more at Techmeme »
Keith J. Kelly / New York Post:
In his final Media Ink column, Keith Kelly shares stories from his 23 years at NY Post, about David Remnick, David Carr, Graydon Carter, Jane Mayer, and others — This is my farewell column for Media Ink, which is going out of publication with my retirement.
Discussion:
@marareinstein, @oliverdarcy and @politico_steve
Sara Guaglione / Digiday:
Future PLC, which owns Tom's Guide, Marie Claire, and more, says it drove nearly $1B in e-commerce revenue for its affiliate partners in 2020 — Future PLC's 2020 e-commerce business boom has carried over into 2021. — The U.K. media company — which owns brands like Tom's Guide …
Discussion:
@sarahmarshall
Oliver Darcy / CNN:
WaPo reporter Felicia Sonmez sues WaPo, Marty Baron, and other editors, claiming she faced discrimination after disclosing she was a sexual assault victim — New York (CNN Business)A reporter at The Washington Post filed a lawsuit Thursday against the newspaper, its former top editor …
Discussion:
New York Times, @irin, @irin, @jeffyoung, @patcaldwell, @addysbaird, @mlcarmel, @maxjrosenthal, @emmacarew, @nytimes, @annmlipton, @hshaban, Deadline, @tonyajoriley, @joemfox, @mgerrydoyle, @zoeschiffer, @sanasaeed, @gabemschneider, @kansasalps, Washington Post, The Western Journal, Mediaite, The Daily Caller, The Hill and The Wrap
Salvador Rodriguez / CNBC:
Snap Q2: revenue of $982M, up 116% YoY, DAUs up 23% YoY to 293M, and net loss shrunk 53% YoY to $152M; stock is up 13%+ after hours — - Snap on Thursday reported its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth.
Discussion:
The Wrap, Snap Inc., ZDNet, @shaig, @carnage4life, @levie, @variety, Los Angeles Times, @sharonwaxman, @xpangler, @heidi_chung, @roter, @sandhya, Axios and Variety, more at Techmeme »
Benjamin Mullin / Wall Street Journal:
Former CBS CEO Joe Ianniello has launched a SPAC, called Argus, and hopes to raise $300M+ to pursue an acquisition in media, telecommunications, or technology — SPAC, dubbed Argus, hopes to raise at least $300 million and is hunting for an acquisition in media, telecom or technology
Discussion:
insideradio.com, @benmullin, The Wrap and Hollywood Reporter
Mike Juang / Ad Age:
NBCU is adopting the Ad-ID identifier, which helps reduce ad repetition and separate competitors' ads by assigning a trackable code to each ad — Collaboration between 4A's and ANA expands on existing work on broadcaster's Peacock streaming service — NBCUniversal is looking to clean …
Discussion:
MediaPost, FierceVideo, Beet.TV and Adweek
Kate Kaye / Digiday:
After a delay, Facebook says it is starting a brand safety audit by industry body MRC, set to complete by the end of 2021; Twitter has started the audit process — Pressure from President Joe Biden, regulators and advertisers is building on tech platforms to do more to mitigate extremist, violent and illegal content on their sites.
Discussion:
Twitter
Jordan Novet / CNBC:
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY; stock is up 8%+ — - Twitter's revenue growth accelerated and surpassed analysts' expectations. — The social-media company introduced its first subscription service in the quarter.
Discussion:
Variety, @joshuagreen, @xpangler, @b52malmet, @aiera, @thekenyeung, @anthony, @brianstelter, TechCrunch, @levynews, @hedgemind, Adweek, Axios, The Verge, The Wrap and Twitter, more at Techmeme »