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 and Engadget
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Ryan Mac / BuzzFeed News:
Twitter suspends several accounts associated with the right-wing group Proud Boys and founder Gavin McInnes for violating policy on violent extremist groups — Twitter suspended several accounts associated with the Proud Boys, a right-wing group present at last year's Unite The Right rally …
Discussion:
Variety, The Wrap, @edzitron, @rmac18, @rmac18, @kumarssalehi, @rmac18, Mashable and Yahoo, more at Techmeme »
Todd Spangler / Variety:
Regulatory filings show that Hulu lost about $357M in Q2 due to higher programming and marketing costs; parent companies to invest an additional $1.5B in 2018 — Parent companies to invest additional $1.5 billion in streaming venture in 2018 — Hulu's cash burn has accelerated …
Discussion:
Multichannel News
Chris Lee / Vulture:
How a producer and a writer worked together on a story about a McDonald's Monopoly game scam, sparking a movie-option bidding war and earning a $350K fee — On a Saturday in late July, the Daily Beast posted a story titled “McScam: How an Ex-Cop Rigged McDonald's Monopoly Game and Stole Millions” …
Discussion:
/Film, @alisonwillmore, @rachel, @jerrydunleavy, @calebhannan, @emilyyoshida, @erikdavis, @jorcru, @mradamtaylor, @emily_cohn, @alexweprin, @gabrielsnyder, @ceilidhann and @sarahw
Kevin Roose / New York Times:
Sources describe how Mark Zuckerberg arrived at the decision to take down Infowars, finally making his decision after Apple's removal of Infowars podcasts — Slippery-slope fears about mass censorship by social media platforms are probably overblown. But many valid questions remain.
Discussion:
Mashable, infowars.com and Editor & Publisher, more at Techmeme »
BuzzFeed News:
State Department cable says a 2016 attack on Swedish news sites was part of a Russian disinformation campaign to destabilize NATO alliances — According to a newly released State Department cable, the attack was part of a Russian campaign to sow disinformation about NATO.
Discussion:
@ericgeller, @jasonleopold and @fascinatorfun
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.
Discussion:
The Atlantic, The Hill, CNN, Newser, @juliaioffe, Washington Post, Vox, @brianstelter, Deadline, @juddapatow, Business Insider, Mediaite, Hollywood Reporter, HuffPost, Quartz, @davidklion, @joshscampbell, @nadinevdvelde, HuffPost and TV Tattle
Natalie Jarvey / Hollywood Reporter:
Sources: NBCU is licensing nonexclusive content from YouTube stars and other online influencers for its Watch Back video app, which will likely launch late fall — The entertainment company is licensing nonexclusive content from YouTube stars and other online influencers for the product.
Keach Hagey / Wall Street Journal:
Sumner Redstone's trust restricts sale of Viacom and CBS by prohibiting any merger leaving National Amusements shareholders with less than 30% of voting control — Trust restrictions on potential mergers would apply after Redstone's death or incapacitation
Mike Snider / USA Today:
Gannett reports mixed results for Q2, with net income of $16.3M on revenue of $730.8M, down from $774.5M in 2017 — MCLEAN, Va. - Gannett, which owns USA TODAY and 109 local media properties, said Thursday that digital revenues continued to climb during the second three months of 2018 …
Discussion:
Motley Fool, Press Release and MediaPost
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, NPR, @samanthajpower, @danrather, Indivisible Illinois, The Rural Blog, Wisconsin Newspaper …, @spsullivan, @dangillmor, @invw and @brettdl
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:
New York Post, @mplsgilyard, @mwityk, @erik_hayden and Daily Front Row
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