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4:05 AM ET, July 29, 2015


 Top News: 
Kurt Wagner / Re/code:
Twitter added just 2M MAUs in Q2, excluding “SMS Fast Followers”  —  Twitter Asks for More Time to Fix Things — And Freaks Out Wall Street  —  Twitter added just two million new core users last quarter, and while it also beat Wall Street revenue estimates, investors still aren't buying the Twitter story.
Alex Wilhelm / TechCrunch:
Twitter reports better-than-expected Q2 revenue of $502M with just 316M MAUs, a number that includes “SMS Fast Followers”
Discussion: TechCrunch, The Wrap and Fortune
New York Times:
Behind the Iranian trial of Washington Post reporter, Jason Rezaian, and how his ability to cultivate sources may have aroused suspicion and led to detention  —  Iran's Trial of Jason Rezaian Illustrates Perils Faced by Reporters  —  TEHRAN — For Jason Rezaian, the Washington Post reporter …
Darren Samuelsohn / Politico:
White House considered Jon Stewart so influential, it arranged secret meetings between the TV host and Obama  —  Jon Stewart's secret White House visits  —  Obama, aides took unusual steps to cultivate ‘Daily Show’ comic  —  Jon Stewart slipped unnoticed into the White House in the midst …
Jonathan Soble / New York Times:
Nikkei Vies for Global Clout With Splurge on The Financial Times  —  TOKYO — Not long after he took over as president of Japan's dominant business newspaper in April, Naotoshi Okada delivered a message to his 1,300 reporters and editors.  It was time, he said, for Nikkei …
Discussion: Talking Biz News
The New York Times Company:
New York Times executive editor Dean Baquet and Metro editors write to the NYRB, rebutting its story on paper's nail salon investigation  —  Rebuttal to The NYRB's Article on NYT Nail Salon Series  —  Below is a letter sent to The New York Review of Books by Times editors in response to …
Chad Bray / New York Times:
McGraw Hill Financial Buys SNL Financial for $2.2 Billion  —  McGraw Hill Financial, the owner of Standard & Poor's Ratings Services and S&P Capital IQ, said on Monday that it had agreed to buy the financial data and information provider SNL Financial for $2.2 billion in cash.
Discussion: Folio, Bloomberg Business and Reuters
Washington Post:
The most famous television journalist in Pakistan lives like a fugitive  —  The most famous television journalist in Pakistan lives like a fugitive.  Hamid Mir tells no one where he is going, how he will get there or where he will spend the night.  —  At Mir's office, his curtains are always drawn.
Benjamin Mullin / Poynter:
New trial date in Hulk Hogan sex tape case could come at upcoming hearing  —  After a last-minute ruling that put off a trial days before it was slated to begin, representatives for Gawker Media and Hulk Hogan will appear together in court earlier than expected.
Eriq Gardner / Hollywood Reporter:
“Happy Birthday” Lawsuit: “Smoking Gun” Emerges in Bid to Free World's Most Popular Song  —  Attorneys for suing filmmakers uncover a blurry version of an 88-year-old book in the files of Warner/Chappell.  That leads to another serendipitous discovery.  —  On the eve of a judge's ruling …
Los Angeles Times:
Netflix seeks to double office space by moving to a 150K square foot place in Hollywood  —  Netflix, on a roll, seeks to double its L.A.-area office space  —  Netflix, as it continues to bulk up its muscle within Hollywood, is now seeking to take up residence there.
Tyler Falk /
NPR plans environmental reporting project with stations  —  NPR is assembling a new reporting team to focus on energy and the environment with contributions from journalists at its member station.  —  In a memo to stations, Bruce Auster, NPR's senior editor for collaborative coverage …
Brian Steinberg / Variety:
CBS Will Live-Stream Super Bowl Ads In Big Move For Media Industry  —  TV's most memorable and most-watched commercials will no longer be relegated to the TV set.  —  For nearly half a century, the only way for the average consumer to see all the glitzy commercials that accompanied …
Samuel Gibbs / Guardian:
Amazon Prime Music launches in the UK  —  Amazon attempts to undercut Spotify and Apple Music with a 1m-track music streaming service bundled with its Prime delivery, books and music service  —  Amazon is launching its Prime Music streaming service in the UK, in a move that will see it aim to undercut Spotify and Apple Music.
Hollywood Reporter:
Major Layoffs to Hit Ryan Kavanaugh's Relativity This Week as Bankruptcy Looms  —  Some 350 people currently work at Beverly Hills-based Relativity.  —  Ryan Kavanaugh's Relativity Media is set to lay off as many as 50 employees this week (and possibly more) as the financially-embattled studio …
Discussion: The Wrap, Los Angeles Times and Variety
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 More News: 
Erik Hayden / Hollywood Reporter:
The Onion is to launch EDGE, a web series mocking HBO's VICE show
Discussion: Tubefilter, Guardian, Mediaite and The Week
 Earlier Picks: 
Rachel Raudenbush / Digiday:
Ask a Millennial: What are the challenges of being an intern in publishing?