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12:40 PM ET, July 28, 2021

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 Top News: 
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 …
Erik Pedersen / Deadline:
PBS leads the nominations for the News & Documentary Emmy Awards, with 52 nominations; CNN is second with 41, CBS with 30, ABC with 22, and Vice with 20  —  PBS leads the nominations for the 42nd annual News & Documentary Emmy Awards, as it usually does, this year scoring 52 noms over last year's 48.
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.
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  —  YouTube accelerated back into high growth for the second quarter of 2021, as ad revenue hit a record $7.0 billion for the period.
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: @jeffjarvis
Katie Robertson / New York Times:
Internal email: WaPo will require all employees to show they are vaccinated against COVID-19, starting when workers return to the office, planned for Sept. 13  —  The Washington Post will require all employees to show that they are vaccinated against the coronavirus, the newspaper's publisher said on Tuesday.
Sahil Patel / The Information:
Vox Media has sold 50 projects, including films and TV series, in the last 15 months to TV networks and to streaming services such as Netflix, Amazon, and Apple  —  “Land of the Giants” is a podcast series from Vox Media's Recode covering the history of tech companies including Amazon and Netflix.
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.
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 …
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 …
 
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 More News: 
Jennifer Harper / Washington Times:
Former Drudge Report editor Joseph Curl launches a conservative-oriented news aggregation site called Off the Press
Discussion: PR Newswire
@forbesunion:
[Thread] Staffers at Forbes vote 67-7 for a union with The NewsGuild of New York in a NLRB election after management failed to voluntarily recognize their union
Samantha Hissong / Rolling Stone:
How music artists are planning to use NFTs and the underlying tech behind them to reinvent industry standards on royalty sharing, event ticketing, and more
 Earlier Picks: 
Sarah Perez / TechCrunch:
Twitter hires the team that built Brief, a subscription-based news summary app founded by former Google employees; the app will wind down July 31
Nilay Patel / The Verge:
Q&A with Chuck Todd on Meet the Press' transition from its weekly TV show to a roster of formats, the news landscape, role of the media, and more
Emily Caron / Sportico:
Barstool Sports becomes the sponsor and exclusive broadcast partner of the Arizona Bowl, set for Dec. 31; the game had aired on CBS for several years
Rachel Weiner / Washington Post:
Daniel Hale, a defense contractor who leaked documents on drone warfare to Intercept's Jeremy Scahill, gets 45 months in prison for violating the Espionage Act
Elizabeth Culliford / Reuters:
Facebook's restricting interest-based and web activity ad targeting for users under 18 on its platforms, only allowing segmentation by age, gender, and location
Jon Allsop / Columbia Journalism Review:
Coverage of Congress' earlier failure to form a fully bipartisan Jan. 6 commission shows how political analysis and reporting are stuck in “both sides” framing