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Leah Finnegan / Gawker:
Gawker, now owned by Bustle, relaunches with Leah Finnegan as editor-in-chief — When Bustle Digital Group first approached me to revive Gawker last year, I said absolutely no way in hell. Who in God's name would want to edit a website that was cratered by an evil tech lord and sullied by a botched relaunch?
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Gawker, Gawker, New York Times, The Wrap, @gawker, @mathewi, @jeremypgordon, @dkaszor, @sarah_sloat_, @benyt, After School, @rmac18, @ceciliakang, @rmac18, @jeremymonjo, @parkerortolani, @leahfinnegan, @joshuatopolsky, @e_alexjung, @rmac18, @mariebardi, @kantrowitz, @tcarmody, @sarafischer, @brandyljensen, @auntcontent, @jennygzhang, @thegoodolddais, @ashihipar, @joshsternberg and @kindahagi
Michael Barthel / Pew Research Center:
State of US news media in 2020: newspapers made more money from circulation than from ads for the first time, cable news saw explosive audience growth, and more — Every two years, Pew Research Center updates its series of fact sheets on the U.S. news media industry, tracking key audience …
Todd Spangler / Variety:
Spotify Q2: revenue of €2.3B, up 23% YoY, ad revenue up 110% YoY to €275M; paying subscribers reached 165M, up 20% YoY, total MAUs reached 365M; stock down 6%+ — Spotify, citing ongoing headwinds from the COVID pandemic, fell short of its total monthly user growth goal in the second quarter of 2021.
Lucas Shaw / Bloomberg:
NBA partners with iHeartMedia to develop a slate of daily and weekly podcasts using NBA's audio archives — - Basketball league will mine its archive for rare audio clips — Radio giant will handle sales, distribution and production — The National Basketball Association is developing …
Discussion:
Variety, Awful Announcing, insideradio.com, @lucas_shaw and AllAccess.com
Stephanie Condon / ZDNet:
Facebook says Q2 ad revenue was $28.58B, up 56% YoY, with average price per ad up 47% YoY and a 6% YoY increase in ads delivered — The rising price for ads delivered strong top and bottom-line results for Facebook, even as the social media giant continued to warn of “increased ad targeting headwinds.”
Discussion:
Hollywood Reporter, CNBC and @benedictevans, more at Techmeme »
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Todd Spangler / Variety:
YouTube reports $7B in Q2 ad revenue, up 84% YoY from $3.81B, and says its Shorts feature now has 15B global daily views, up from 6.5B in March
Discussion:
CNBC, The Wrap, @jowens510, Tubefilter, @adamsinger, @ashkan, Insider, @jasoncosta, @kyleorl, MediaPost, insideradio.com, Hollywood Reporter, The Wrap and The Wrap
Max Willens / Digiday:
Sources: LinkedIn is testing LinkedIn Premium News, which gives Premium members access to paywalled content published by sites that use Piano's paywall tech — LinkedIn would like to broaden the base of people shelling out money for its premium membership, and it's hoping that access …
Discussion:
@jeremarketer, @dmitryshishkin and @maxwillens
Andrew Marantz / New Yorker:
A look at “dirtbag-left” podcasts like Chapo Trap House, that pair socialist ideas with the rhetorical style of social media, as some pivot away from politics — For years, “Chapo Trap House” and other podcasts have paired anti-capitalist ideas with the rhetorical style of social media.
Discussion:
@noahhurowitz, @davidklion, @jesse_brenneman, @keeltyc, @logo_daedalus, @tuslersaurus, bookforum.com, @dandiaasad, @imjasondiamond and @arminrosen
Jill Goldsmith / Deadline:
AT&T is selling Vrio Corp., its DirecTV business unit in Latin America, to Grupo Werthein, after taking a $4.6B impairment charge — AT&T has sold 100% of Vrio Corp. business in Latin America to Grupo Werthhein. — Vrio provides live and on-demand video services via DirecTV Latin America …
Discussion:
The Fast Mode, Business Wire and Reuters
K.J. Yossman / Variety:
Comcast-owned British broadcaster Sky announces a major rebrand of its channel portfolio, including the retirement of flagship channel Sky One after 30+ years — Comcast-owned British broadcaster Sky has announced a major rebrand of its channel portfolio, including the retirement of its flagship channel Sky One.
Discussion:
@sothcott, @vk_hm, @thebarrylad, @adammaguire, @scottygb, @grifftannen, NME, @_jamieogrady, @mohammedali_93, Deadline and Hollywood Reporter
Maria Sheahan / Reuters:
Swiss publisher Ringier buys out Axel Springer in Hungary, Serbia, Slovakia, Estonia, Latvia, and Lithuania; Ringier and Axel Springer's Poland JV will remain — BERLIN (Reuters) - Swiss publisher Ringier is buying out its partner Axel Springer in Hungary, Serbia, Slovakia, Estonia …
Discussion:
Press Gazette and @jeffjarvis
Georg Szalai / Hollywood Reporter:
UK's ITV says its ad revenue grew 29% YoY in H1 2021, up 87% in May and 115% in June; ITV now has 3M global subs and BritBox International has 2M subs — CEO Carolyn McCall said the U.K. TV giant is “emerging from the worst effects of the pandemic.” — U.K. TV giant ITV reported …
Alex Wilhelm / TechCrunch:
Contentful, which offers APIs to let companies manage content, raises $175M Series F led by Tiger Global at a ~$3B valuation, after a $80M Series E in June 2020 — Contentful this morning announced a $175 million Series F round of capital, led by Tiger Global, valuing the unicorn at around $3 billion.
Discussion:
@chiefmartec and @danielnewmanuv, more at Techmeme »
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