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.
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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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:
@lauraedelson2, Protocol, About Facebook, @lauraedelson2, The Verge, @michellemanafy, @kurtwagner8, @jonkeegan, @blackamazon, @lauraedelson2, @caseynewton, @daviduberti, @kurtwagner8, @carolecadwalla, @jonathanmayer, @snurb_dot_info, @brooklynmarie, @joshrudes, @fboversight, @lauraedelson2, @bgrueskin, @ct_bergstrom, @jameeljaffer, @clearing_fog, @pernillet, @hshaban and @rmac18, more at Techmeme »
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:
@richlightshed and Too Much TV Newsletter
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Todd Spangler / Variety:
WarnerMedia and LG reach an agreement to distribute HBO Max on recent-model LG smart TVs in the US
Discussion:
/Film, MediaPost, Cord Cutters News, The Streamable, The Verge and ResetEra
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
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:
Hollywood Reporter, Complete Music Update, The Drum, @johnlegere, @shiraovide, The Desk, XDA Developers, ScreenRant, How-To Geek, Gizmodo, iMore and MacRumors
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/...
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
Hanaa' Tameez / Nieman Lab:
Longform podcast, with ~500 episodes of interviews with writers and others, is joining Vox Media Podcast Network, which will handle marketing and distribution — Starting today, the Longform podcast — a long-running show featuring interviews with nonfiction writers and journalists about storytelling …
Discussion:
@greyhorsecomms, @ev_rat, @maxlinsky, @amandablair, @aaronlammer and Vox
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.
Discussion:
@mr312 and What's New in Publishing
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:
National Post, @mediamorphis, @torontostar, @torontostar, @mediamorphis, @torontostar, @jason_kint, @mathewi, @mediamorphis and Canada.ca
Laurel Brubaker Calkins / Bloomberg:
US Rep. Devin Nunes, who has sued CNN, WaPo, Twitter, and others, sues NBCUniversal in a Texas district court, saying Rachel Maddow of MSNBC defamed him — California Republican Congressman Devin Nunes sued NBCUniversal Media alleging that MSNBC's liberal talk show host Rachel Maddow defamed …
Nilay Patel / The Verge:
Q&A with YouTube chief product officer Neal Mohan on monetizing Shorts, content moderation with Content ID, YouTube TV, competing with TikTok, and more — YouTube chief product officer Neal Mohan joined Decoder this week to discuss YouTube's new $100 million fund to begin paying creators …
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Jacob Kastrenakes / The Verge:
YouTube will pay creators up to $10K/month for making original videos on YouTube Shorts, starting in 10 regions this month and paid out of its $100M Shorts Fund
Discussion:
The Wrap, TechCrunch, @samsheffer, @mrbrown, New York Times, Variety and Tubefilter, more at Techmeme »
K.J. Yossman / Variety:
Discovery says more than 275M viewers in Europe watched the first nine days of the Olympics, of which 100M watched on Discovery channels or digital services — More than 275 million viewers across Europe have watched the Tokyo 2020 Olympic Games in the first nine days of the competition, Discovery has reported.
Discussion:
@scottygb, Front Office Sports, The Wrap and Digital TV Europe
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Tony Maglio / The Wrap:
Discovery says it has 18M subscribers, most on Discovery+, reports Q2 net income of $672M on revenue of $3.06B, up 21% YoY; US ad revenue grew 12% YoY to $1.1B
Discussion:
The Hollywood Reporter, Digiday, IndieWire, @kelseymsutton, @loudmouthjulia, @alexweprin, WORLD SCREEN, Variety, The Streamable, MediaPost, The Streamable, Variety, The Wrap and nexttv.com
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