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2:30 PM ET, July 26, 2017

Mediagazer

 Top News: 
Tristan Greene / The Next Web:
Sony adds a $10/month sports package option to its Playstation Vue TV streaming service; it offers NFL Redzone, some ESPN programming, more  —  Sony is trying to make cords go extinct by addressing one of the biggest concerns that holdouts have: live sporting events.
RELATED:
Bernie Arnason / Telecompetitor:
Sony signs deal with the National Cable Television Cooperative (NCTC), allowing NCTC members to include Playstation Vue in TV packages  —  In a sign of the times, two NCTC OTT deals were announced at this week's Independent Show, taking place in Indianapolis.
Discussion: Consumerist
Cynthia Littleton / Variety:
Sinclair CEO Chris Ripley denies rumors of a Fox News rival, contests recent reports of a conservative agenda, and says Tribune buyout will focus on technology  —  Of the many challenges Fox News Channel is facing amid a turbulent year, there's one threat Rupert Murdoch can cross off the list …
Bloomberg:
Sources: Facebook to debut a series of original, short-form videos from partners in mid-Aug., after a number of false starts; longer-form content to come later  —  Facebook's video tab start has been delayed several times  —  Company is asking partners to turn in first episodes now
Jessica Toonkel / Reuters:
Sources: Viacom has informed Scripps Network it is willing to purchase it in all-cash deal; a decision is expected within the next few days  —  (Reuters) - Viacom Inc has informed Scripps Networks Interactive it is willing to pay all cash to acquire the U.S. TV network operator, sources familiar with the matter said on Tuesday.
Poynter:
Q&A with The Hill's campaign editor Will Sommer on his newsletter Right Richter, a weekly round-up of right-wing news which now has 5.2K subscribers  —  A few days before the presidential election, Will Sommer wrote a story for Washington City Paper about a little D.C. pizzeria with a big problem.
Discussion: Vanity Fair
Benjamin Mullin / Poynter:
Financial news network Cheddar announces Cheddar Local, news packages tailored for local TV stations, and partners with TEGNA and New York's News 12  —  On Tuesday, News 12 anchor Doug Geed did something that months ago would have been out of the ordinary for his Long Island-based TV station …
Discussion: @kantrowitz, Thanks:@jonsteinberg
Alex Stedman / Variety:
Ex-Fox News Latino VP Francisco Cortes, fired over sexual harassment complaint, sues the network for $48M, claiming he was a “scapegoat”  —  Fox News parent 21st Century Fox is continuing to see fallout from the network's sexual harassment scandal, and was hit with a different kind of lawsuit on Tuesday.
Mike Shields / Business Insider:
theSkimm names Brandon Berger, chief digital officer at Ogilvy and Mather, its new chief business officer as it aims to expand beyond its newsletter  —  - TheSkimm has hired ad veteran Brandon Berger as its first chief business officer.  — The plan is to help the newsletter company unlock different revenue streams.
Discussion: @theskimm
Christopher Williams / Telegraph:
ITV profit down 16% to £259M in first half of 2017, advertising revenue down 8% to £769M; broadcaster raises dividend 5% to reassure investors  —  ITV is poised to hit Virgin Media with a hefty bill for carrying its main channel backed with a tacit threat of a blackout if it refuses to pay up.
Margaret Sullivan / Washington Post:
More than 80% of the Atlantic's revenue comes from digital sources, a consulting business, and live events such as the annual Washington Ideas Forum  —  The Atlantic has gotten very good at flipping conventional wisdom upside down.  —  A decade ago, like most traditional publications …
 
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 More News: 
Joseph Lichterman / Nieman Lab:
How Danish news startup Føljeton evolved into a newsletter company with 5,500 paying subscribers
Davey Alba / Wired:
Google files injunction in US district court against Canadian court order to globally alter search results, arguing that doing so in US violates First Amendment
David Bauder / Associated Press:
Late-breaking news creates chaos in cable's prime-time as networks scramble to book guests and cover stories
 Earlier Picks: 
Ingrid Lunden / TechCrunch:
Twitter confirms it's winding down its SnappyTV video editing tool, acquired in 2014, shifting features to Media Studio
Discussion: Digiday and Adweek
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours
 
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