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8:25 PM ET, August 10, 2018

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 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.
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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
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 …
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” …
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  —  Late on Sunday, after returning to his hotel room on a trip away from home, Mark Zuckerberg made a decision he had hoped to avoid.
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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
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.
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:
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 …
Frederic Lardinois / TechCrunch:
Motion picture academy partners with Linux Foundation to launch an open source foundation for developers working on animation, visual effects, and more  —  Open source is everywhere now, so maybe it's no surprise that the Academy of Motion Picture Arts and Sciences (yes, the organization behind the Oscars) …
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 …
 
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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
 

 
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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