Top News:
Sara Fischer / Axios:
While the Tribune-Sinclair deal is off, smaller local TV deals are still in the works, part of a broad media consolidation trend — Changes in decades-old broadcasting rules, combined with new types of competition in news and entertainment, are creating a drama-filled free-for-all as local U.S. broadcasters consolidate.
Discussion:
@davemorgannyc, Peter O'Kelly's Reality Check, The Daily Caller, Motherboard, Engadget and CNNMoney
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Oliver Darcy / CNNMoney:
Analysis of Infowars Twitter content shows videos that led to YouTube and other bans were still live, while other tweets showed more Twitter rules violations — Why Facebook,YouTube and Apple are removing InfoWars content — Twitter's vice president for trust and safety, Del Harvey …
Discussion:
Nieman Lab, Ad Age, Vanity Fair, Slate, CNBC, Variety, The Guardian, @oliverdarcy, @noahshachtman, infowars.com, Fortune, The Verge, The Hill, @oliverdarcy, Fast Company, @joshconstine, @oliverdarcy, TechCrunch, @sdkstl, @slpng_giants, @aliasvaughn, @noahshachtman, Mediaite, @nickgillespie, @nprinskeep, @eriqgardner, @oliverdarcy, Axios and New York Times, more at Techmeme »
Greg Roumeliotis / Reuters:
Sources: Donerail Group, led by former Starboard Value LP executive Will Wyatt, is in advanced talks to acquire Tronc — (Reuters) - Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive Will Wyatt, is in talks to acquire Tronc Inc (TRNC.O) …
Discussion:
Chicago Tribune, @chicagotribune, CNNMoney, New York Post, @alexparker, @lynnemarek and @gerryfsmith
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Wallace Witkowski / MarketWatch:
Tronc reports Q2 revenue of $253M, up 3.9% YoY and net loss of $15.1M
Tronc reports Q2 revenue of $253M, up 3.9% YoY and net loss of $15.1M
Discussion:
Reuters, Business Insider, MarketWatch and @lynnemarek
CNNMoney:
Laura Ingraham's remarks about “massive demographic changes” fed into pattern of white nationalist ideas at Fox News, raising questions about Murdochs' stance — Fox News host addresses controversial comments — It wasn't so much a dog whistle as it was an airhorn. Or perhaps a primal scream.
Jeffrey A. Trachtenberg / Wall Street Journal:
Condé Nast CEO outlines plan for growth: diversify revenue away from ads, shed titles, cut staff; says company is studio shopping to help boost video efforts — Owner of magazines including Vogue, Vanity Fair wants to diversify revenue away from advertising, shed some titles
Discussion:
@mplsgilyard, @mwityk, @erik_hayden, Daily Front Row and New York Post
Alex Hardiman / Facebook:
Facebook continues to test ways to deliver developing news; latest test lets publishers connect story updates, with readers getting notified of new content — By Alex Hardiman, Head of News Products — On June 23, 2018, floodwaters suddenly trapped a team of teenage soccer players who'd been exploring a cave complex in Thailand.
Max Fisher / New York Times:
After treating Facebook-fueled violence as occurring only in developing countries, the company now finds wealthier places aren't immune from hate speech issues — To Americans, Facebook's Alex Jones problem might seem novel, even unprecedented. — When does speech become unsafe? When can it be limited?
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Richard Allan / Facebook:
VP of policy details Facebook's limits to free speech: physically or financially endangering people, intimidating via hateful words, tricking people for profit
VP of policy details Facebook's limits to free speech: physically or financially endangering people, intimidating via hateful words, tricking people for profit
Discussion:
New York Times, @arischulman, TechCrunch, Fortune, @mekosoff, @jfruh, @max_read and @cwarzel, more at Techmeme »
Meredith Corporation:
Meredith Q4: $16.7M earnings vs $43.4M in Q4 2017; revenue of $788.1M vs $445.4M in Q4 2017; plans to complete sale of Time, Fortune, SI in coming months — Full Year Revenues Increase More Than 30 Percent to Over $2.2 billion — Digital Business Generates Record Traffic and Financial Performance, Led by People.com
Discussion:
@alexweprin
Jason Schwartz / Politico:
Amid Trump's anti-media rhetoric and after the Capital Gazette shooting, TV and print media outlets increase security, including adding bodyguards at rallies — TV networks are employing security guards at the president's high-octane rallies. — Notebooks, mics, cameras, hairspray …
Discussion:
@philmeyer, @ewstephe and The Daily Caller
New York Times:
As small papers report more layoffs because of Trump's tariffs on Canadian newsprint, one study says US newsprint prices will rise 30%+ in one to two years — WASHINGTON — The Trump administration's decision to impose tariffs on Canadian newsprint is hastening the demise of local newspapers across …
Discussion:
@sulliview, Wisconsin Newspaper …, @spsullivan, @invw, @brettdl and @dangillmor
Elizabeth Spiers / Washington Post:
The former EIC of NY Observer says Jared Kushner's demand that an IT worker delete several stories fits with the Trump family's hostility to journalism — I was editor in chief of the New York Observer when he allegedly had stories removed from the digital archive in secret.
Discussion:
@netaustin, @davidpriess and @espiers
BBC:
Sky News Australia is removed from Melbourne train stations by Victoria state officials after Sky airs an interview with Nazi sympathizer Blair Cottrell — An Australian state has instructed train stations to stop broadcasting Sky News Australia, amid a widening backlash over a recent TV interview.
Discussion:
@jacintaallanmp, ABC, NEWS.com.au, The Guardian, The Guardian and iMediaEthics
Dave McNary / Variety:
Lionsgate tops estimates in Q2 with a loss of $7.9M on revenue of $932.7M, announces agreements to launch Starzplay channels in France, Italy, and Spain — Lionsgate has topped Wall Street estimates by reporting a loss of $7.9 million, or 4 cents per share fully diluted …
Discussion:
MediaPost, The Wrap, Deadline, Hollywood Reporter and The Wrap