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10:20 AM ET, July 26, 2018

Mediagazer

 Top News: 
Bloomberg:
Donald Trump criticizes Twitter for “shadow banning” prominent Republicans, says he will look into this “discriminatory and illegal practice”  —  Twitter stock extended losses, declining 4 percent in pre-market trading as U.S. President Donald Trump criticized the social network for “shadow banning” Republicans.
RELATED:
Jon Levine / The Wrap:
Twitter CEO addresses claims about some Republican leaders not appearing in search auto-suggestions, points to a thread that offers explanation and vows changes  —  Twitter has hit back against accusations of shadow banning prominent Republicans on Wednesday, with founder and CEO Jack Dorsey insisting …
Brian Stelter / CNNMoney:
Josh Constine / TechCrunch:
Facebook's share price closed Wednesday at $217.50, a record high, but fell to around $172 after its Q2 earnings call, a market cap drop of roughly $123B  —  Facebook's share price fell over 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate …
Sydney Morning Herald:
Nine Entertainment and Fairfax Media announce AU$4B merger to happen by end of 2018; Nine CEO to run the combined company which will be called Nine  —  Fairfax Media and Nine Entertainment have announced plans to merge by the end of 2018 in a deal they say will create Australia's largest …
Stewart Clarke / Variety:
Sky reports a 5% increase YoY in annual revenue to £13.6B with a presence in 23M households; CEO promises 25% increase in programming spending  —  Sky has turned in strong numbers in its last full-year results before it is taken over by either Comcast or 21st Century Fox.
Discussion: Reuters
Dawn C. Chmielewski / Deadline:
Herb Scannell, CEO of Latino-focused Mitú, and founder Beatriz Acevedo step down amid layoffs of about a third of the staff  —  Mitú, the digital media company with ambitions to project a Latino point of view across multiple platforms, laid off about one-third of its staff yesterday …
Discussion: Tubefilter, @forbesent and Variety
Kate Lamb / The Guardian:
Inside Indonesia's “buzzer teams”, filled with political supporters and students who post thousands of times a day to create religious and political divides  —  ‘Buzzer teams’ are a growing part of politics, helping to churn up religious and racial divides
 
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 More News: 
Todd Spangler / Variety:
Hulu signs exclusive deal with Apple, making premiere episode of original series “Castle Rock” available for free on Apple TV in the US, no Hulu sub required
Discussion: /Film
John Hendel / Politico:
FCC's Ajit Pai tells House Energy and Commerce Committee that he stands by decision on Sinclair-Tribune merger
Wall Street Journal:
A look at longstanding ties between Michael Cohen and American Media, including talks amid 2016 campaign and $30K paid in late 2015 to an ex-doorman for Trump
Tim Baysinger / The Wrap:
HBO Programming President Casey Bloys said the network would not dilute its brand in favor of increasing output under new parent company AT&T
 Earlier Picks: 
Casey Newton / The Verge:
Sources: YouTube removed four videos from Alex Jones' channel for hate speech and child endangerment, but counted the takedowns as one strike toward the channel
Caleb Ecarma / Mediaite:
Don Trump Jr. tweets an old false smear against ABC News' Martha Raddatz as he criticizes her WaPo column on the importance of media coverage of the military
Dan Kennedy / WGBH:
Boston Globe owner John Henry has no plans to sell the newspaper, says it now has 94.7K digital subs but “cannot ever seem to meet budgets”
Politico:
Reports: a private equity company has made a bid for Tronc, at $19-$20 a share; deal could be announced within a few weeks and may be close to $1B
John Bowden / The Hill:
Cox Media Group is considering selling 14 local TV stations, appears to be seeking a large corporate buyer