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3:30 PM ET, August 29, 2018


 Top News: 
Tim Peterson / Digiday:
The Young Turks Network says it has 27,000 subscribers paying $5-$10 per month for ad-free content, accounting for almost half of its overall revenue  —  In August 2017, digital video news publisher The Young Turks Network raised $20 million from Hollywood mogul Jeffrey Katzenberg's WndrCo to grow its subscription business.
Discussion: Tubefilter
Jon Levine / The Wrap:
Sources: The Young Turks lays off ~15 people, ending some of its non-political programs; cuts come less than two months after ouster of senior on-air talent  —  Layoffs come just two months after some of the channel's most senior on-air talent including Nomiki Konst and Hannah Cranston were let go
Lucia Moses / Digiday:
Publishers are losing a key ally at Facebook as its Head of News Products, Alex Hardiman, is leaving to join The Atlantic as chief business and product officer  —  One of Facebook's big hires to improve its relations with publishers is leaving for The Atlantic.
New York Times:
Barnes & Noble's board says former CEO Demos Parneros was fired last month for sexual harassment and bullying, adding to earlier allegations of policy violation  —  When Barnes & Noble fired its chief executive, Demos Parneros last month, the bookseller was mysteriously quiet about why.
Discussion: CNBC and Fortune
Anthony Ha / TechCrunch:
Netflix has hired Vernā Myers in the newly-created role of VP, Inclusion Strategy, tasking her with diversifying the company  —  Netflix has hired Vernā Myers in the newly-created role of vice president, inclusion strategy.  —  Myers has spent the past two decades at the head …
Catherine Shu / TechCrunch:
Twitter says it removed a further 486 accounts for engaging in “coordinated manipulation”, following the removal of 284 last week  —  Following last week's suspension of 284 accounts for “engaging in coordinated manipulation,” Twitter announced today that it's kicked …
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 More News: 
Sara Fischer / Axios:
Progress News Network to launch a daily, 2.5 minute Facebook exclusive newscast aimed at 35+ year-olds on September 4; revenue focus to begin after the midterms
Discussion: Tubefilter and Editor & Publisher
The Information:
Sources: Amazon is planning to launch a free, ad-supported video service for its ~48M Fire TV streaming video device users that is being developed by IMDb
 Earlier Picks: 
James Vincent / The Verge:
Trump accuses Google of rigging its search results to suppress positive news about him and says the situation “will be addressed”