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3:40 PM ET, July 20, 2015


 Top News: 
J.K. Trotter / Gawker:
Executive editor Tommy Craggs and editor-in-chief Max Read resign from Gawker; Craggs says advertisers threatened to pull out over escort story  —  Tommy Craggs and Max Read are Resigning from Gawker  —  Tommy Craggs, the executive editor of Gawker Media, and Max Read, the editor-in-chief of …
Nick Denton:
Gawker founder Nick Denton issues statement, says he alone decided to remove story about male escort but had support of managing partnership  —  To All of Edit at Gawker Media  —  The Managing Partnership as a whole is responsible for the Company's management and direction, but they do not and should not make editorial decisions.
Bloomberg Business:
Pearson to Explore Sale of Financial Times  —  Pearson Plc is exploring a sale of the Financial Times after receiving interest from potential buyers, according to people familiar with the matter.  —  London-based Pearson is sounding out possible bidders for the salmon-colored newspaper …
Bloomberg Business:
YouTube signs most of its partners for paid service but no shows from major TV networks yet  —  Google's YouTube Signs Up Everyone But TV for New Paid Service … Google Inc.'s YouTube, which has signed up partners for a new paid video service, may find out by early next year whether …
Discussion: @tpalazzo and @sarahfrier
Mike Shields / Wall Street Journal:
As it lacks an established ad-revenue sharing model, YouTube stars post only one-fifth of their videos on Facebook  —  YouTube Stars Keep Facebook at Arm's Length For Now  —  Nearly a year ago, Facebook started reaching out to YouTube stars and multichannel networks, encouraging …
Discussion: @wsjcmo and @digitalshields
Press Gazette:
Sun tells tribunal that Met violated journalists' rights with secret grab of phone records  —  The rights of Sun journalists were “unquestionably violated” when the Metropolitan Police secretly obtained their phone records, the Investigatory Powers Tribunal has heard.
Dominic Casciani / BBC:   The Sun is challenging the Met police in court over accessing reporters' phone records in 2012
Anthony Clark / The Gainvesville Sun:
Grooveshark co-founder Josh Greenberg, 28, found dead at home; no evidence of foul play, injuries or drugs found  —  Grooveshark co-founder, 28, found dead in home  —  Grooveshark co-founder Josh Greenberg, a pioneer in Gainesville's student startup movement, was found dead in his bed Sunday …
Cecilia Kang / Washington Post:
Amazon, Netflix, and Yahoo score record number of Emmy nominations  —  Netflix, Amazon get record Emmy nods  —  Netflix, Amazon and even Yahoo took home record numbers of Emmy Award nominations on Thursday, further validating streaming services that have become rivals to traditional television networks.
Jay Rosen / Pressthink:
Huffington Post says it will frame Trump's campaign as entertainment.  I support that.  —  “Newsrooms should be more up front with us about how they classify the candidates.  Can't even take the guy seriously?  Tell us!”  —  This was the entire announcement.  Lets look at it again:
Amir Vahdat / Associated Press:
Lawyer: Washington Post reporter Jason Rezaian's next hearing in Iran will likely be the last  —  Lawyer: Post reporter's next hearing in Iran likely the last  —  TEHRAN, Iran (AP) — The lawyer of a Washington Post journalist detained in Iran said Monday that the next hearing …
Discussion: Washington Post and CNN
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 More News: 
Amit Chowdhry / Forbes:
Google's chief business officer Omid Kordestani says YouTube is now bigger than any individual US cable network in 18-49 demographic
Discussion: RAIN News and Digital Trends
Rhonda Richford / Hollywood Reporter:
French TV Giants End Talks to Merge Streaming Services Amid Netflix Competition
BBC Press Office:
BBC England director, Peter Salmon, to lead newly-created production division, BBC Studios; Helen Boaden to take over BBC England director role
Discussion: Guardian
Matthew Keys / The Desk:
How The Inquisitr was duped into publishing a fake story on a Costco birthday cake
Discussion: @matthewkeyslive
 Earlier Picks: 
Seth Abramovitch / Hollywood Reporter:
Felix & Paul Studios signs multiyear deal with Oculus to develop immersive VR experiences
Ania Nussbaum / Wall Street Journal:
As ad revenue moves online, ad blockers struggle with the firms hired to circumvent them
Ben Thompson / Stratechery:
How the rise of programmatic ad networks has deprioritized user experience for publishers
Discussion: The Verge