Top News:
New York Times:
Sources: The Washington Post is on track to lose money in 2022 after years of profitability, and CEO Fred Ryan floated cutting 100 jobs; WaPo denies staff cuts — With digital subscriptions and digital advertising revenue stagnating, the company is on pace to lose money this year.
Discussion:
@katie_robertson, @katie_robertson, The Wrap, Mediaite, @rmac18, New York Post, @benmullin, @brianvastag, @sarahkaplan48, @jfk_america, @wesleylowery, @moorehn, @loudmouthjulia, @kemettler, @jamesrbuk, @samthielman, @edzitron, @tvgrimreaper, @benedictevans, @benedictevans, @mattdpearce, @bigblackjacobin, @crecenteb, @benmullin, @dnvolz, @natemcdermott, @janefriedman, @dylanmatt, @epicciuto, @jayrosen_nyu, @semaforben, @rohitkachrooitv, @tenreirodaniel, @stevenjcbuckley, @jaspar, @pkafka, @zerohedge, @kimmasters, @benmullin, @joshschwerin and @abeaujon
Todd Spangler / Variety:
YouTube Chief Business Officer Robert Kyncl plans to leave in early 2023 after 12+ years as a senior executive; Google veteran Mary Ellen Coe will replace him — Robert Kyncl will exit YouTube in early 2023 after more than 12 years as a senior exec at video giant.
Sarah Scire / Nieman Lab:
Twitter confirms rolling out customizable article preview cards called Tweet Tiles to The New York Times, The Guardian, and The Wall Street Journal last week — Have you noticed that some news article cards on Twitter are looking a little different lately?
Discussion:
American Press Institute and @jason_kint
Ryan Broderick / Garbage Day:
Social media election “war rooms” are set up to obscure the fact that misinformation and disinformation are integral parts of user-generated content platforms — Read to the end for a great Reddit post — The Election War Room Scam — We're less than three months away …
Discussion:
@broderick, @ellievhall, @venkatananth, @jaredlholt, @alexhern, PC Gamer, @jbenton, @carnage4life, @nberlat and @drewharwell, more at Techmeme »
Colin Stutz / Billboard:
Sony Music sues Triller for failing to pay licensing fees for months while continuing to use Sony's catalog after Sony ended their deal earlier in August 2022 — The record label says it's owned millions in monthly payments and for copyright infringement since it terminated their licensing agreement earlier this month.
Discussion:
Variety, Los Angeles Times, Rolling Stone, Music Business Worldwide, The Wrap, Music Ally, @sealeinthedeal and Complete Music Update
Sara Fischer / Axios:
Time acquires Brandcast, which offers a no-code service for creating websites, and rebrands it as Time Sites; it is Time's first acquisition under the Benioffs — Time has bought Brandcast, a company that licenses software for easy-to-build marketing websites, Time's editor-in-chief and CEO Edward Felsenthal told Axios.
Discussion:
TIME, @markstenberg3, @axios, @sarafischer and @raju
National Union of Journalists:
After Reach pay and workload talks break down, the UK's National Union of Journalists plans to strike on August 31 and from September 13 to September 15, 2022 — Following two days of negotiations over the bank holiday weekend, brokered by ACAS the arbitration service, talks between the NUJ and Reach have broken down with no deal.
Discussion:
Press Gazette, @nuj_leicester, @nujofficial, @jimwaterson and @jimwaterson
Josh Dickey / The Wrap:
On the eve of its release, Regnery postpones Dinesh D'Souza's book version of 2000 Mules to October 25, 2022, citing a “publishing error” — Dinesh D'Souza's book version of “2000 Mules,” based on the film that makes widely debunked claims that people were paid to dump fraudulent ballots …
Discussion:
The Daily Beast, Mediaite, @jamesrbuk, @sharonwaxman and @willsommer
Sara Guaglione / Digiday:
Apple says the number of Apple Podcast subscribers grew by 300%+ since June 2021 and 25%+ of the top 100 shows in its Top Shows chart now offer a subscription — Dateline, NBC's true crime newsmagazine show, is offering a paid podcast subscription through Apple's in-app product starting today.
Discussion:
AppleInsider, @simonowens and TechCrunch
RELATED:
Corbin Bolies / @corbinbolies:
Sources: Condé Nast's Allure will end its print edition after its December 2022 issue and move to digital only; Condé Nast: no further staff changes planned — SCOOP: @Allure_magazine will be ending its print run after its December issue, sources said, and it will feature Jennifer Aniston on the cover. The sudden announcement to staff last week had some afraid of layoffs, though a spokes said no changes are planned right now. Read: https://twitter.com/...
Discussion:
@jeffjarvis and @cherylanneny
Mark Stenberg / Adweek:
Ad Practitioners, which owns editorial titles Money and ConsumersAdvocate.org and the ad delivery service Navchain, rebrands as Money Group to reflect its focus — The six-year-old company is generating a nine-figure revenue, fueled by intent-based ads — The media company behind …
Discussion:
Money Group and @markstenberg3
Guillaume Ptak / Wired:
How Utro Fevralya, an anti-Putin news outlet created by an exiled former Russian MP, is using Telegram to organize, recruit, and incite Russians against the war — Anti-Putin media network February Morning has become a central player in the underground fight against the Kremlin.
Discussion:
@andrewcouts, @iponomarev and @guillaume_ptak
Sara Fischer / Axios:
Melbourne-based sportsbook operator PointsBet launches a sports betting newsletter in partnership with Front Office Sports, as it aims to expand its US presence — PointsBet, an online sportsbook operator based in Australia, is launching a sports betting newsletter via a partnership …
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