Top News:
Edmund Lee / New York Times:
NYT beats Q2 expectations with $93M adjusted operating profit on $499M revenue; 8M subscribers, 142K new digital subscribers; online revenue up 41% YoY to $261M — The company expects to end the year with about 8.5 million. In its quarterly results, it reported holding nearly $1 billion in cash.
Bloomberg:
Facebook says it has disabled the accounts, apps, Pages, and access to its APIs for researchers running NYU's Ad Observatory Project, citing TOS violations — - Company says researchers of political ads were scraping data — NYU's Ad Observatory got cease-and-desist letter last October
Discussion:
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Ben Bowman / The Streamable:
HBO Max is no longer available on Amazon Prime Video as WarnerMedia seeks a direct relationship with users — HBO Max continues to assert its independence from its old streaming partners. If you look for the service on Amazon Prime Video, you won't find it anymore. — We knew this was coming.
Discussion:
Variety, @richlightshed and Too Much TV Newsletter
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Catie Keck / The Verge:
HBO Max is offering a selection of 13 free pilot episodes in-app to attract new subscribers — Lovecraft Country, Harley Quinn, and Game of Thrones included — HBO Max is offering free episodes to potential new subscribers in-app and free of charge so they can take its more popular series …
Discussion:
Pressroom and FierceVideo
Todd Spangler / Variety:
WarnerMedia and LG reach an agreement to distribute HBO Max on recent-model LG smart TVs in the US
Discussion:
Ad Age, Adweek, /Film, MediaPost, Cord Cutters News, The Streamable, The Verge and ResetEra
Nia Prater / New York Magazine:
NY AG report: Chris Cuomo of CNN sent an email that appeared to be a draft PR release for his brother, Andrew, when harassment claims against the governor arose — The newly released report from Attorney General Letitia James's office on sexual-harassment allegations against Governor Andrew Cuomo …
Discussion:
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Sara Fischer / Axios:
Sources: Politico employees are mounting an effort to unionize with NewsGuild — Members of Politico's newsroom are actively mounting an effort to unionize with the NewsGuild, sources tell Axios. — Why it matters: Politico's newsroom is one of the largest newsrooms to have resisted organizing efforts in the past.
Danny Funt / Columbia Journalism Review:
A look at the relationship, at times ethically uneasy, between sports journalism and sports betting, amid sportsbooks' broad shift into media operations — Gamblers would give anything to peek at Ian Rapoport's notes. In late April, Rapoport—a reporter at the NFL Network, known on air as an …
Discussion:
@cjr, @astraffon, @cjr, @stevesmithffx, @cjr, @cjr and @dannyfunt
Casey Michel / New Republic:
Russian oligarchs are increasingly sending legal threats to US and UK investigative journalists by hiring the best law firms, a practice known as “lawfare” — Russian President Vladimir Putin has been one of the most consequential world figures of the past two decades …
Discussion:
@johnthebrexile, @cjcmichel, @newrepublic, @cjcmichel, @senatorshoshana, @newrepublic and @johnzahorik
Kieran Leavitt / Toronto Star:
Canada launches more talks on making digital platforms like Facebook and Google pay for journalism, with Australia's model and an indie media fund as options — The federal government has two options on the table for making digital platforms such as Facebook and Google pay media companies …
Discussion:
@mediamorphis, @mediamorphis, @jason_kint, @mathewi, @mediamorphis, @torontostar, @torontostar, @torontostar, National Post and Canada.ca
Jake Sherman / @jakesherman:
Source: Axios is planning on launching subscription products for investors and private equity firms and others similar to Politico Pro in the fall — Interesting nugget in @PunchbowlNews AM — @JimVandeHei and @Axios are starting a policy product to compete with @POLITICOPro https://twitter.com/...
Discussion:
@alexcsinger16
Jon Porter / The Verge:
Spotify is testing Spotify Plus, a low-cost tier that includes ads but doesn't impose limits on track skipping and lets users pick specific songs to play — Spotify Plus is being piloted with a ‘limited number’ of users — Spotify Plus is a new low-cost subscription tier being piloted …
Discussion:
New York Post, Tubefilter, Hollywood Reporter, Complete Music Update, The Drum, @johnlegere, @shiraovide, The Desk, XDA Developers, ScreenRant, How-To Geek, Gizmodo, iMore and MacRumors
Sara Fischer / Axios:
Subscription podcast company Quake raises $3.5M and says it has an almost 90% retention rate on monthly churn after the one-week free trial expires — Quake, a subscription podcast company founded by media veterans, has raised an additional $3.5 million, Axios has learned.
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