Top News:
The Daily Beast:
Sources: Rachel Maddow, intrigued by streaming and podcasting opportunities, is considering leaving MSNBC when her contract ends early next year — As her contract draws to a close, sources told The Daily Beast, the MSNBC icon has been weighing taking her brand elsewhere.
Discussion:
CNN, TVNewser, Mediaite, The Wrap, Variety, @amy_siskind, The Week, @jeffjarvis, @b52malmet, @ebenet, @santiagomayer_, @patkiernan, @tvmojoe, @jannwolfe, @sethamandel, Hollywood Reporter, @eoinhiggins_, @sgw94, @justinbaragona, @maxwelltani, @tonyserrata, @brianstelter and @thedailybeast
Sara Fischer / Axios:
The New York Times is launching seven subscriber-only opinion newsletters and making 11 other existing newsletters exclusive to subscribers beginning August 16 — The New York Times is rolling out a slew of new, subscriber-only newsletters from news and opinion writers.
Discussion:
Nieman Lab, WWD, @nytopinion, MediaPost, @lisatozzi, @bungarsargon, @niemanlab, @fka_tabs, @nbj914, @venkatananth, @patrickhealynyt, @elanazak, @dandarling, @elanazak, @elanazak, @jakesherman, @joshgerstein, @jaycaspiankang, @dansaltzstein, @jbenton, @mediaevan, @lucas_shaw, @ylichterman, New York Times, @nbj914, @mariannabruschi, @jasonabbruzzese, The Hill, @jakesherman, @jeffjarvis, bookforum.com, Bloomberg and Adweek
Drew Harwell / Washington Post:
Right-wing video platform Rumble is paying some media personalities, including Glenn Greenwald, to post videos to its site with a two-hour exclusivity window — The video site has exploded during the pandemic as a home for anti-vaccine misinformation and conservative complaints about Big Tech censorship
Discussion:
Gawker, Rumble, @marlownyc, @ggreenwald, @ggreenwald, @ggreenwald, @ggreenwald, @ggreenwald, @ggreenwald, The Wrap, Gizmodo, @jeffholidayreal, @marlownyc, @profcarroll, @jesseltaylor, @samsacks, @ultraviolet, @taylorlorenz, @eoinhiggins_, @drewharwell, @jkfecke, @tonyromm, @ryanlcooper, @coreypein, @emptywheel, @ne0liberal, @emptywheel, @erickleefeld and @john_hudson
Emily McCormick / Yahoo Finance:
Disney beats expectations in Q3, with net income of $923M on revenue of $17.02B, paid subs for Disney+ at 116M, ESPN+ at 14.9M, and Hulu at 42.8M; stock up ~5% — DIS) reported fiscal third-quarter results Thursday that beat Wall Street's estimates, with user growth at the company's key …
Reuters:
A Philippine court dismisses a libel case against Rappler CEO Maria Ressa; the case is one of several against Ressa, who calls the suits a harassment campaign — A Philippine court has dismissed a libel case against Maria Ressa, a lawyer said on Thursday, one of several lawsuits filed …
Rachel Abrams / New York Times:
Profile of former National Enquirer editor Dylan Howard, who runs Grazia USA, bought OK Magazine's website and Radar Online, and has signed a podcasting deal — Dylan Howard, known for the “catch and kill” deals during the #MeToo reckoning, teams up with an Italian publisher for a publication aimed at the Hamptons crowd.
Discussion:
@jonlovett, @rachelabramsny, @rebeccaballhaus, @markkrotov, @nytimesbusiness, @mediaevan, @theprophetpizza, @nytimesbusiness, Mediaite and @jimrutenberg
Mike Isaac / New York Times:
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach $700M — Reddit, the virtual town square of the consumer internet, has raised a fresh $410 million in funding, valuing it at more than $10 billion, the company said on Thursday.
Discussion:
Upvoted, Variety, The Verge, @softwarejameson, TechCrunch, @sarafischer, Tubefilter, @bowknowsbiz, Bloomberg, @mabelliveau, @ahiggz, The Wrap and Insider, more at Techmeme »
Kayleigh Barber / Digiday:
Reader's Digest parent company Trusted Media Brands acquires Jukin Media, which buys and licenses user-generated videos, to help build out its video business — Trusted Media Brands the publisher of Taste of Home, Reader's Digest and Family Handyman, today announced it has acquired Jukin Media …
Discussion:
The Wrap, @ashkan, Variety, @paulgreenberg, @mattnavarra and @jbflint
Brian Steinberg / Variety:
Nielsen announces it is putting its Media Ratings Council accreditation on hiatus as it faces pressure from the TV industry for undercounting viewers — Nielsen said it would move forward without the backing of the media industry's Media Rating Council, the latest eyebrow-raising maneuver …
Discussion:
The Wrap, Ad Age, nexttv.com, MediaPost, @mulvihill79, The Drum and @ryansatin
Andrew Deck / Rest of World:
As Substack expands abroad, writers say it needs local payment options and customer service in other languages; some worry about legal support in hostile states — From India to Brazil, Substack is awarding grants and lending journalists editorial resources. How far will that support really go?
Discussion:
@decka227, @dlberes, @wexler, @kixes, @lmatsakis, @mccarthyryanj, @wongmjane, @ranaayyub, @iatalkspace, @lmatsakis and @mvzelenks, more at Techmeme »
Joshua Benton / Nieman Lab:
Q&A with Center for Public Integrity's new CEO Paul Cheung and EIC Matt DeRienzo on CPI's plans for a membership program, diversified revenue strategy, and more — “I'm not worried about the journalism. But if you don't have the business and technical infrastructure to support the journalism, then it's just not going to thrive."
CNBC:
Snap creators say they are leaving Snapchat's Spotlight feature as payments have dried up after June 1, with some moving to YouTube, Instagram, and TikTok — - Creators say they're leaving Snapchat's Spotlight feature after payments on the service had dried up.
Discussion:
@carnage4life, @taylorlorenz and @stevekovach, more at Techmeme »
Scott Roxborough / The Hollywood Reporter:
TVN owner Discovery tells Poland it will take legal action under a US-Poland treaty after Polish lower house passes a bill restricting foreign media ownership — The Polish parliament passed a controversial bill this week that would ban most foreign ownership of national television channels …
Discussion:
Bloomberg, Bloomberg, Broadband TV News and Variety
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