Top News:
Wall Street Journal:
Sources: James Murdoch, mentioned as possibly taking a senior position at Disney after it buys 21st Century Fox, plans to strike out on his own if deal closes — 21st Century Fox CEO had been mentioned as possibly taking senior position at Disney; plans possible venture-capital fund
Discussion:
New York Times, Multichannel News, @keachhagey, @jbflint and @jbflint
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Christine Wang / CNBC:
Disney beats with Q2 revenue of $14.55B vs. $14.11B expected; all divisions beat except for consumer and interactive, which earned $1.08B vs. $1.14B expected — The Walt Disney Company on Tuesday said that the success of Marvel's “Black Panther” helped drive 21 percent year-over-year revenue growth …
Discussion:
The Wrap, MediaPost, CNBC, CNBC, The Wrap, Fast Company, Deadline, @cnbcnow, Walt Disney Company and @lucas_shaw
Gizmodo Special Projects Desk:
Univision has been in decline for years, with a shark-obsessed boss, millions wasted on consultants, and an executive who insisted on publishing softcore porn — This is the story of how corporate raiding, complacency, excess, and incompetence are gutting a media company that matters to tens of millions of people.
CNNMoney:
Amid its Time Warner merger, AT&T confirms it paid Trump's personal lawyer Michael Cohen for “insights” on administration in 2017 — AT&T confirmed Tuesday evening that it paid President Trump's personal lawyer Michael Cohen in 2017 for “insights into understanding the new administration.”
Discussion:
CNBC, The Wrap, CNN, @eorden, Wall Street Journal, @evanperez, @brianstelter, @alexisgoldstein, @christinawilkie, @nycsouthpaw, @hadas_gold and Terry Wickwire, more at Techmeme »
Natasha Lomas / TechCrunch:
Facebook bans foreign spending on ads about Ireland's May 25 abortion referendum, enables Irish users to see all ads any advertiser is running — Facebook has announced it has stopped accepting ads paid for by foreign entities that are related to a referendum vote in Ireland later this month …
Discussion:
New York Times, The Irish Times, @lornabogue, BBC, CNNMoney, Financial Times and The Daily Caller, more at Techmeme »
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Hannah Kuchler / Financial Times:
Facebook unveils 20 issues that will require more disclosure from advertisers targeting the US to help label and place the ads in a political ad archive — Facebook will require extra checks from people buying advertisements on political issues ranging from abortion and guns …
Discussion:
Facebook, MediaPost, Politico, Axios and Multichannel News
Jason Guerrasio / Business Insider:
SEC filing: MoviePass parent Helios and Matheson Analytics had $43.4M on hand on April 30, average cash deficit of $21.7M/month since Sept.; stock down over 30% — - On Tuesday, MoviePass' parent company, Helios and Matheson Analytics, said in a filing with the Securities and Exchange Commission …
Discussion:
New York Post, Bloomberg, The Verge, The Playlist, @trengriffin, @natemcdermott, 9to5Mac, @newsynick, Slate and @jasonguerrasio
Mathew Ingram / Columbia Journalism Review:
NewsWhip data shows Facebook's algorithm changes have adversely affected the engagement rates of quality news sources like the NYT and NBC — Some recent data on the best-performing news brands on Facebook seems to show that high-quality new sources are getting less engagement on Facebook …
Discussion:
@kevinroose, @astroehlein, @altrabbi, @jacobwe, @caseynewton, @davidfrum, @danpfeiffer, Mashable, Fast Company and NewsWhip
Joshua Fruhlinger / Thinknum Media:
Analysis of Apple's job listings suggests that the company appears to be investing in a newsroom, recruiting for staff positions like Politics Editor — There's a certain air of mystery as to what Apple ($NASDAQ:AAPL) is up to when it comes to content. In March, Apple acquired digital …
Discussion:
9to5Mac, more at Techmeme »
Kurt Badenhausen / Forbes:
The NBA and Intel announce plans to jointly evaluate tech startups for investment and collaboration, seeking to “create a new immersive media world” — Forbes Staff I cover sports business with rare dips into b-schools, local economies — LeBron James hits the game-winning shot …
Discussion:
TechCrunch and VentureBeat, more at Techmeme »
Brian Stelter / CNNMoney:
Christiane Amanpour named as Charlie Rose's official replacement — Christiane Amanpour will officially replace Charlie Rose on PBS stations across the country. — The move was made official at the public broadcaster's annual meeting on Tuesday. It has been in the works for five months …
Discussion:
The New York Observer, Hollywood Reporter, HuffPost and TV Tattle
Thomas Gorton / Dazed:
Q&A: Richard Turley, Mia Kerin, and Lucas Mascatello on their newly launched NYC-focused magazine Civilization, a focus on text, and a diarist approach to news — We speak to the three editors who just launched the first issue - a text-obsessed New York-focussed magazine covering everything …
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