Top News:

CBS narrowly beats expectations with $0.74 EPS on revenue of $3.22B; CEO Les Moonves emphasizes progress in nonadvertising revenue sources — CBS Narrowly Beats Earnings Expectations in Q2 2015 — CBS reported its earnings for the second quarter of 2015 on Wednesday, surpassing Wall Street expectations.
Discussion:
VentureBeat, PR Newswire, Hollywood Reporter, CNBC and @jbflint
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Dish Sheds 81,000 Pay-TV Subs in Q2, As Sling Fails to Offset Satellite Losses — Dish Network's Sling TV over-the-top service now has more than 250,000 subscribers — but the company dropped more satellite TV customers than that over the first half of 2015.
Discussion:
Multichannel News, Ad Age, Consumerist, TechCrunch, Hollywood Reporter, Wall Street Journal, Reuters, Reuters and USA Today

Yelp and ProPublica partner to offer patients information on hospitals, nursing homes, and dialysis clinics — Coming to Yelp: A bigger dose of data on health-care facilities — Yelp is adding a ton of health-care data to its review pages for medical businesses to give consumers more access …
Discussion:
Nieman Lab, Yelp Official Blog, Consumerist, Los Angeles Times, @kostasrossoglou and WebProNews
Corey Hutchins / Columbia Journalism Review:
SF Weekly publisher backs off plan to use cover story to ‘make up’ with advertiser — Score one for editorial independence, at least in one corner of the alt-weekly world. After a report of his newsroom meddling drew notice from journalists around the country, Glenn Zuehls, publisher of SF Weekly …
Discussion:
San Francisco magazine, TechCrunch, @cjr, @coreyhutchins and San Francisco Peninsula …

Movie studios sue MovieTube, seek SOPA-like power through broad site-blocking court order — Memo to MPAA: Congress didn't pass SOPA — Studios' suit demands “entire Internet” block, filtering infringing sites, EFF says. — Remember 2012, when there was that giant Internet backlash …
Discussion:
Electronic Frontier Foundation
Jason Patinkin / Associated Press:
South Sudan shutters 2 newspapers in apparent crackdown — JUBA, South Sudan (AP) — The South Sudanese government has stopped operations of two newspapers, editors at the publications said Wednesday in an apparent crackdown on the independent media. — Agents from the National Security Services …
Discussion:
Voice of America, Chicago Tribune, thesundaily.my and Sudan

New York Times to retire interstitials, banner ads, plans to add mobile-native ads, similar to Facebook's and Twitter's in September — New York Times Plans to Make Its Mobile Ads More Native, Less Interruptive — “Mobile advertising as a whole is just fairly crappy,” said Sebastian Tomich …
Discussion:
Poynter, investors.nytco.com and NetNewsCheck Latest
Ece Toksabay / Reuters:
18 Turkish journalists charged with spreading terrorist propaganda over image publication — Turkish reporters face jail for publishing photo: media — Eighteen Turkish journalists have been charged with spreading terrorist propaganda for publishing a photo of a legal official held …
Discussion:
Associated Press, Trend.Az and TodaysZaman

A Sale of The Economist Is Unlikely to Change Its Voice — Journalists at The Economist speak, half-jokingly, of a mythical, perfect sentence for the news and business weekly. It is some version of this: — “Wrong.” — That implies, said Chris Anderson, who worked there for seven years in the 1990s …
Discussion:
@nytimesworld, @pamelapaulnyt and Talking Biz News

Facebook Starts Livestreaming, Too — But Just for Celebrities — It was always a question of when, not if. So here's the answer: Facebook, following in the footsteps of Meerkat and Twitter's Periscope, is today rolling out its own version of a livestreaming app.
Discussion:
Facebook Media, Ad Age, Digiday and Medium

TV programming stocks slide following Tuesday's report of subscriber losses for ESPN — Cord-Cutting Contagion! Wall Street Bails on Big Media Stocks. — Big media companies used to insist that cord-cutters — people dropping pay TV for Internet video — were a myth.
Discussion:
Forbes, Hollywood Reporter and Fortune

Sources: Apple's licensing deals include permission to create up to five additional radio stations like Beats 1 — Apple's music deals allow for new Beats stations at any time — While Apple Music may have gotten off to a less than stellar start, Apple's 24/7 radio station Beats 1 has lived …
Discussion:
9to5Mac, RAIN News, Variety, App Advice, The Next Web, Business Insider and The FADER

New Haven Independent launching a low-power FM radio station, WNHH, seeking to build community and sustainability — In New Haven, a low-power FM experiment seeks local conversation — and financial sustainability — John Dankosky stood before the 20 or so fledgling radio hosts who had crowded …
Discussion:
The Laurel, Intakemusic and Knight Foundation

Taboola signs three-year strategic partnership with Gannett — U.S.-Israeli firm Taboola, whose technology directs users to related content on the Internet, said on Wednesday it signed a three-year exclusive strategic partnership with USA Today publisher Gannett (GCI.N).