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8:20 PM ET, August 7, 2018

Mediagazer

 Top News: 
Sam Stein / The Daily Beast:
Ipsos: 43% of Republicans say they believe Trump should have the power to shut down news outlets “engaged in bad behavior”, with 12% of Democrats agreeing  —  Freedom of the press may be guaranteed in the Constitution.  But a plurality of Republicans want to give President Trump …
Gizmodo:
Knight First Amendment Institute, Gizmodo, and others ask Facebook to amend its ToS, which prohibits the use of journalistic tools like web scrapers  —  Last year, we launched an investigation into how Facebook's People You May Know tool makes its creepily accurate recommendations.
Josh Constine / TechCrunch:
Snap reports Q2 revenue of $262.3M, up 44% YoY, and 188M DAUs, up 8% YoY but down from 191M in Q1 against competition from Facebook Stories  —  The Stories War has officially killed Snapchat's growth.  In Q2 2018 earnings today, Snapchat's daily user count shrank 1.5 percent to 188 million this quarter …
RELATED:
Marc Vartabedian / Wall Street Journal:
Snap's DAU decline in Q2 marks the first time Snapchat has lost daily users since the company was founded in 2011
Shoshana Wodinsky / The Verge:
Following bans of Infowars' content, its mobile app has shot up iOS App Store and Google Play Store charts, going from 47th to 4th in US news category on iOS  —  ‘Infowars WILL NOT be silenced’  —  Infowars Official, the app named after Alex Jones' controversial radio talk show …
RELATED:
CNET:
Infowars page removed from LinkedIn and Pinterest, but remains on Twitter, which has said it does not violate its policy, and Instagram
Jem Aswad / Variety:
Warner Music Group sells its entire stake in Spotify for $504M  —  UPDATED: In its earnings call on Tuesday morning, Warner Music Group announced that it has now sold its entire stake in Spotify, realizing $504 million.  —  CEO Steve Cooper said that the sale resulted in $126 million …
Alex Sherman / CNBC:
Video streaming startup NewTV, led by Jeffrey Katzenberg and Meg Whitman, raises $1B round with Disney, Alibaba, NBCUniversal, and others participating  —  - Jeffrey Katzenberg and Meg Whitman have raised $1 billion from media and technology heavyweights for a new mobile streaming venture.
Brooks Barnes / New York Times:
AT&T has acquired controlling interest in Otter Media from the Chernin Group, a deal valued at more than $1B; Otter Media will be folded into WarnerMedia  —  LOS ANGELES — Jesse Jacobs, president of the Chernin Group, felt defeated.  —  It was July 12, 2013, and Mr. Jacobs had just found …
Jason Schwartz / Politico:
Fox News says it is addressing producers and “talent involved” on Jesse Watters show over racist comments made about NYT writer Sarah Jeong  —  It was not a drill.  Saturday night on Jesse Watters' show was the moment Fox News CEO Suzanne Scott had instructed her top producers …
Discussion: Mediaite and Washington Post
Hamilton Nolan / Splinter:
It will not be long before reporters become casualties of the Trump era's rhetoric and a journalist is killed  —  Before too long, a reporter will become a direct casualty of the Trump era.  —  With the ever-present caveat that predictions are worthless: an American journalist …
James Hibberd / EW.com:
Showtime CEO David Nevins says he wants to renew “Who is America?” for a second season and suggests Sarah Palin interview may not be broadcast  —  David Fisher/REX/Shutterstock; D Dipasupil/Getty Images  —  Showtime “would love” to renew Sacha Baron Cohen's controversial series Who Is America? …
 
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 More News: 
Brian Steinberg / Variety:
Discovery's Q2 profit drops 42% YoY due to charges associated with Scripps purchase, with net income falling to $216M
Discussion: MediaPost
 Earlier Picks: 
Andrew Beaujon / Washingtonian:
WaPo employees: Bezos should focus on fixing the 401(k), reopen US bureaus, refocus the sports desk, bring back the ombudsman, and plan for the post-Trump era
Discussion: @abeaujon
Leonard Maltin / Hollywood Reporter:
After Disney's acquisition of 20th Century Fox, film historian and author Leonard Maltin recalls the studio's early days and the original mogul Darryl F. Zanuck
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

 
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