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6:25 AM ET, August 9, 2019

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Facebook offered millions to ABC News, Dow Jones, Washington Post, and Bloomberg to license their content for a Facebook news section to debut in 2019  —  Company approached ABC News, Dow Jones, Washington Post and Bloomberg as it plans to launch news section
New York Post:
New Media Investment Group's shares fell ~33% between Monday and Wednesday, after the cash and stock acquisition of Gannett was announced, endangering the deal  —  A $1.4 billion deal to buy USA Today owner Gannett Co. has been so poorly received since it was announced on Monday that executives …
RELATED:
Cynthia Littleton / Variety:
CBS reports Q2 net earnings of $440M, up 10% YoY, on revenues of $3.81B, up 10% YoY, and operating income of $695M, says its streaming subscribers grew 75% YoY  —  CBS Corp. delivered strong second quarter earnings on Thursday, posting top and bottom line growth as the company prepares …
Discussion: CBS Corporation Events and Reuters
Sam Levin / The Guardian:
Court docs show Monsanto ran a “fusion center” that monitored a Reuters journalist and encouraged negative reviews of her 2017 book on its Roundup weedkiller  —  Internal documents show how the company worked to discredit critics and investigated singer Neil Young
Ashley Carman / The Verge:
Google will start surfacing individual podcast episodes in search results and will soon let users ask Google Assistant to play podcasts about specific topics  —  Search for what you want to hear  —  Google is taking the next step in making podcasts easier to find.
Dave McNary / Variety:
Lionsgate reports Q1 revenue of $963.6M and operating income of $67.3M, beating estimates, amid growth in Starz subscribers to 26.5M, up 2.6M YoY  —  Lionsgate has posted revenues and operating income above Wall Street projections for its first fiscal quarter of 2019, amid growth …
Discussion: The Wrap
Michael Malone / Broadcasting & Cable:
CBS All Access will add children's programming, including more than 1,000 episodes from its library and new original series, will begin rollout this year  —  Original series include ‘Cloudy With a Chance of Meatballs’ and new ‘Danger Mouse’  —  CBS All Access is bringing children's programming …
Discussion: The Streamable and The Streamable
News Corp:
News Corp. posts full year revenue of $10.07B, up 12% YoY, net income of $228M vs. 2018's $1.44B loss, says WSJ digital subs reached 2.6M, 69% of total subs  —  Fiscal 2019 Full Year Key Financial Highlights  — Revenues were $10.07 billion, a 12% increase compared to $9.02 billion in the prior year …
Freddy Mayhew / Press Gazette:
The council of the London borough of Hackney loses a years-long fight to keep printing a free fortnightly paper, as other private newspapers cover the same area  —  A London council has lost a final appeal to continue publishing its freesheet on a fortnightly basis in rivalry with two local newspapers.
Discussion: Hackney Citizen and @allytibbitt
Al Jazeera:
Journalists in Kashmir struggle to report due to a communications blackout; most English and Urdu language papers in Srinagar have not published since Monday  —  Reporters in the disputed region face difficulties due to ban on movement and communications blackout.
 
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 More News: 
Shira Feder / The Daily Beast:
NYT is examining deputy Washington editor Jonathan Weisman's “poor judgment on social media and in responding to criticism”, after his responses to Roxane Gay
Liberty Media Corporation:
Liberty Media Corporation reported Q2 revenue of $2B and net income of $263M; the company owns 71.1% of SiriusXM as of July 26
Discussion: Hollywood Reporter
David Segal / New York Times:
Profile of James Daunt, who saved Britain's Waterstones bookshop chain from the brink of bankruptcy and who will now try to revive Barnes & Noble as its new CEO
Kurt Wagner / Bloomberg:
Interviews with members of a 900-strong private Facebook group for advertisers on Facebook and Instagram showcase the unreliability of Facebook's Ad Manager
Lucinda Southern / Digiday:
Some pubs including Vice Media and The Stylist Group say revenue and traffic from Apple News has risen in the past few months
Todd Spangler / Variety:
Facebook is testing selling video streaming subscriptions in the US, starting with four services including BritBox, CollegeHumor's Dropout, and Tastemade Plus
Freddy Mayhew / Press Gazette:
UK's newspapers circulation auditor ABC will stop publishing six-monthly reports for regional papers, instead publishing on a rolling basis throughout the year
 Earlier Picks: 
Kim Kelly / Columbia Journalism Review:
Freelancer Kim Kelly describes how NPR parted ways with her citing her “activist stance”, after Tucker Carlson aired a segment about her
Stewart Clarke / Variety:
Ofcom: streaming services' subscriptions for Q1 in UK: Netflix posts the largest gains, up 26% YoY to 11.5M, Amazon Prime trails with 6M but is up 23% YoY
Lesley Goldberg / Hollywood Reporter:
Netflix signs multi-year film and TV deal with Game of Thrones creators David Benioff and Dan Weiss; sources say the deal is worth $200M
Nicholas Jackson / @nbj914:
Pacific Standard EIC says its board is shutting down the publication from next Friday after its primary funder cut off funding
USA Today:
USA TODAY office in McLean, VA was evacuated after police responded to what they say was a mistaken report of a man with a weapon
 

 
From Techmeme:

Joe Rivano Barros / Mission Local:
Waymo says it temporarily suspended its ride-hailing service in San Francisco during a citywide blackout, as downed traffic lights appeared to halt its vehicles

John Sakellariadis / Politico:
Sources: DHS is investigating whether 6 staffers misled CISA's acting director into taking a polygraph that he failed, compounding instability at the agency

Sri Muppidi / The Information:
Source: OpenAI's share of revenue after the cost of running AI models for paying users has jumped to ~70% in October, up from ~52% at the end of 2024

 
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