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2:40 PM ET, July 27, 2017


 Top News: 
New White House Communications Director Anthony Scaramucci stirs up internal tensions after wrongly labeling a story on his finances a “leak” and a “felony”  —  STORY HIGHLIGHTS  —  Washington (CNN)Anthony Scaramucci, the new White House communications director …
Freddy Mayhew / Press Gazette:
Facebook boosts quarterly advertising revenue to $9.2B with mobile accounting for 87%  —  Facebook increased its quarterly advertising revenue by 47 per cent year-on-year to $9.2bn, new financial results show.  —  Advertising made up 98 per cent of the social network's total revenues …
Micah Singleton / The Verge:
Google plans to merge Google Play Music with YouTube Red to create a new streaming service, YouTube's head of music Lyor Cohen confirmed  —  One service to cover everything (almost)  —  YouTube's head of music confirmed that the company is planning on merging its Google Play Music service …
Jessica Toonkel / Reuters:
Sources: marijuana magazine High Times is preparing to file for an IPO; parent company Oreva Capital is selling the magazine for $250M  —  (Reuters) - The publisher of iconic marijuana enthusiast magazine, “High Times,” plans to take the company public in the fall, two sources familiar …
Jonathan Peters / Columbia Journalism Review:
A look at Senate Press Gallery rules vs. Constitutional protections after journalists were told to delete images and forbidden from taking photos of protesters  —  Protesters chanted in the Senate visitor galleries Tuesday as legislators prepared to vote to open debate on a bill repealing parts …
Austen Hufford / Wall Street Journal:
Comcast Q2 earnings: cable revenue rises 5.5% to $13.12B but the company lost 34K subscribers, up from 4K in Q2 2016, with cable ad revenue down 0.9% to $906M  —  Results boosted by success of ‘The Fate of the Furious’  —  Comcast Corp.'s CMCSA -1.01% entertainment unit surged in the second quarter …
Content analysis of Russia Today's FakeCheck shows it mixes dubious fact checks among legitimate ones, leading to unproven or poorly sourced conclusions  —  The number of fact-checking projects around the world is growing, but not every effort has been universally welcomed.
Discussion: @mantzarlis
New York Times Co.:
The NYT passed 2M digital-only news subscriptions in Q2, with revenue up 9.2% to $407.1M, and ad revenue increasing for first time since Q3 2014, by 0.8%  —  NEW YORK—(BUSINESS WIRE)— The New York Times Company (NYSE:NYT) announced today second-quarter 2017 diluted earnings per share …
Georg Szalai / Hollywood Reporter:
Charter reports a profit of $139M in its Q2 earnings, with revenue up 4% to $10.4B, but continues to haemorrhage pay TV subscribers, losing 90K  —  The company, led by chairman and CEO Tom Rutledge, reports its latest results.  —  Cable operator Charter Communications …
Christine Schmidt / Nieman Lab:
DocumentCloud is transitioning out of IRE, backed by $250K grant from the Knight Foundation, and will ask news orgs using it to start financially supporting it  —  “We need to address the sustainability question — like now — and we can't wait any longer to do it."
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 More News: 
Sarah Perez / TechCrunch:
Sling TV to host pay-per-view events, starting this weekend with UFC fight
Discussion: The Next Web
Jeremy Barr / Hollywood Reporter:
Group Nine Media, parent company of The Dodo and NowThis, hires ex-Clinton assistant Press Secretary April Mellody as head of corporate communications
Christine Schmidt / Nieman Lab:
Inside regional media nonprofit WyoFile which has dived deep into local news since 2008
 Earlier Picks: 
Sara Fischer / Axios: Flipboard is the fourth biggest driver of traffic to news stories on mobile after Google, Facebook, and Twitter
John Eggerton / Broadcasting & Cable:
ASCAP and BMI announce they're building a single database to track ownership of musical works, with rollout in late 2018
Discussion: Variety and Billboard