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6:30 AM ET, August 10, 2022

Mediagazer

 Top News: 
New York Times:
Peter Kafka / Vox:
Axios, Politico, Punchbowl, and other Washington-focused outlets owe a lot of their success to ad deals with Meta, Alphabet, and other Big Tech companies  —  Money from Meta — and the rest of Big Tech — is pouring into Washington publications.  —  Axios is an against-the-grain success story …
J. Clara Chan / The Hollywood Reporter:
BuzzFeed reports Q2 revenue up 20% YoY to $106.8M, including Complex Networks, a $23.6M net loss, vs. $0.8M YoY, and time spent down 19% YoY to 154M hours  —  BZFD stock has dropped roughly 50 percent in price over the past six months.  —  BuzzFeed brought in $106.8 million in revenue during …
Discussion: Wall Street Journal and @thr
Reuters:
AppLovin offers to buy Unity for $58.85 per share, an 18% premium to Unity's Monday closing price, in a $17.54B all-stock deal; AppLovin's stock drops 10.29%  —  Gaming software company AppLovin Corp (APP.O) on Tuesday made an offer to buy peer Unity Software Inc (U.N) in a $17.54 billion all-stock deal …
Aisha Malik / TechCrunch:
Spotify gives its Android app's home screen separate feeds for Music and Podcasts & Shows to better highlight recommendations, will bring the change to iOS soon  —  Spotify announced today that it's launching a new Home experience that includes separate feeds for “Music” and “Podcasts & Shows.”
Anna Menta / Decider:
Warner Bros. movies are no longer guaranteed to hit HBO Max after 45 days in theaters; source: the company will decide streaming dates on a “case-by-case basis”  —  After 48 hours of industry rumors, speculation, and panic over HBO Max, a clearer picture is starting to form.
RELATED:
Cynthia Littleton / Variety:
Hollywood's streaming evangelism seemingly ends, as WBD shelves Batgirl and David Zaslav says costly movies going straight to streaming offers no economic value
Sara Fischer / Axios:
Miami-based Column, a public benefit company offering software to streamline placing public notices in newspapers, raised a $30M Series A led by Lux Capital  —  Column, a public benefit company that provides software to streamline the placement of public notices, has raised a $30 million series …
Lachlan Markay / Axios:
Filings: Russia-backed TV Novosti and two entities are funding four news-style TV shows from US conspiracy theorist Ben Swann, covering the US, NATO, and more  —  Russia's state-backed media apparatus is financing four new TV programs produced by a U.S. conspiracy theorist and aimed in large part …
Sophie Fullerton / Washington Post:
YouTube, TikTok, and Instagram travel influencers are documenting trips to Syria, helping burnish the regime's image, often sponsored by brands like Surfshark  —  Sophie Fullerton is a political scientist and human rights researcher based in New York.  —  Last November, around the same …
 
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 More News: 
Margaret Moffett / The Assembly:
A look at the decline of News & Record, a Greensboro, North Carolina newspaper, starting under Landmark and continuing under BH Media and Lee Enterprises
Max Goldbart / Deadline:
The UN raises “grave concerns” with Iran over the treatment of BBC News Persian staff, as Iran claims BBC journalists aimed to “overthrow the Islamic Republic”
Discussion: Variety
Scott Roxborough / The Hollywood Reporter:
German public broadcaster RBB's director, Patricia Schlesinger, resigned on Sunday, amid media reports she used public funds to bankroll a luxury lifestyle
Sara Fischer / Axios:
Sports media startup Overtime, which targets Gen-Z and millennials, has raised a $100M Series D led by Liberty Media, a source says at a $500M+ valuation
 Earlier Picks: 
Scott Fybush / Current:
How Appalshop's WMMT, an eastern Kentucky community radio station, and the region's NPR station struggled to report on and recover from recent historic flooding
The Guardian:
News Corp reports Q4 revenue up 7% YoY to $2.67B, $127M net income, WSJ subscriptions up 8% YoY to 3.7M+, and full year 2022 net income up 95% YoY to $760M
Rick Edmonds / Poynter:
A look at the diverging fortunes of The New York Times and Gannett, as a recent internal memo shows 88% of Gannett's subscription revenue still comes from print