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9:05 AM ET, July 17, 2020


 Top News: 
Netflix names Ted Sarandos co-CEO, appoints Chief Product Officer Greg Peters as COO  —  Netflix is promoting its chief content officer Ted Sarandos to co-CEO, the company announced Thursday.  The 20-year Netflix veteran will join current chief executive Reed Hastings in the role.
Lauren Feiner / CNBC:
Netflix reports Q2 revenue of $6.15B, up 24.9% YoY, and expects 2.5M net subscriber additions for Q3 vs analyst estimates of 5.27M; stock down 9%+ after hours  —  - Analysts counted Netflix among the safer bets during stay-at-home orders in the U.S. and the company showed substantial subscriber growth last quarter.
Nicholas Quah / Vulture:
The Michelle Obama Podcast to launch exclusively on Spotify July 29; show to feature conversations with Conan O'Brien, Valerie Jarrett, Michele Norris, others  —  The former First Lady is coming to your headphones.  —  This morning, Higher Ground, the production studio of Barack and Michelle Obama …
Edmund Lee / New York Times:
The hedge fund set to own McClatchy cut 1,600 employees and shut down 30+ papers since taking over Canada's largest newspaper chain Postmedia in October 2016  —  Since Chatham Asset Management took over Postmedia, Canada's largest newspaper chain, 1,600 employees have been laid off and more than 30 papers shut down.
Joshua Benton / Nieman Lab:
McClatchy's average daily operating revenue fell 28% from February to the end of May, showing the challenges that newspapers are facing during the pandemic
Chris Roush / Talking Biz News:
Memo: Bloomberg EIC John Micklethwait says outlet publishes too many mediocre and/or long enterprise stories, stories should be shorter than 400 words or 900+  —  Bloomberg News editor in chief John Micklethwait sent the following to the editorial staff on Wednesday:
Sheryl Gay Stolberg / New York Times:
Trump admin orders hospitals to bypass CDC and send COVID-19 info to a database not open to the public, raising questions about reporter and researcher access  —  Hospitals have been ordered to bypass the Centers for Disease Control and Prevention and send all patient information …
Daniel Victor / New York Times:
Christopher Dickey, a foreign correspondent and editor who worked for the Washington Post, Newsweek, and the Daily Beast, has died at 68  —  Mr. Dickey reported from war zones and published seven books, including a memoir about growing up with his famous father.
David Bauder / Associated Press:
USA Today says the column it ran by trade adviser Peter Navarro in which he criticized Dr. Fauci was misleading and didn't meet fact-checking standards  —  NEW YORK (AP) — USA Today says that a column that the newspaper solicited and published from presidential trade adviser Peter Navarro criticizing …
Megan Graham / CNBC:
Hulu is launching Ad Manager, a self-service tool targeted at SMBs with an ad budget of $500 or more, to make it easy to buy ads on its service  —  - Hulu is launching a “self-service” tool to make it easier for small and medium-sized businesses to buy ads on its service.
Krystie Lee Yandoli / BuzzFeed News:
Eleven current or former Ellen DeGeneres Show employees detail a toxic work culture, blaming executive producers and senior management  —  Ellen DeGeneres has built her worldwide, multimillion-dollar brand on the motto “be kind,” with lavish giveaways and acts of charity.
New York Times:
Deaths, retirements, and exec reshuffling have brought new and diverse leadership to book publishing, many with different sensibilities than their predecessors  —  A wave of deaths and retirements prompted publishers to name new leaders.  Now the industry is in a rare moment of transformation …
Bryan Curtis / The Ringer:
With sports still up in the air, sports media faces unprecedented challenges, as writers pivot to stories on nostalgia and player safety amid looming job losses  —  When games return this summer, things will look a lot different.  Can journalists continue to cover sports like they once did?
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 More News: 
Dan Froomkin / Press Watch:
Reporters need to change their election coverage to consider whether Trump could steal the 2020 election and focus on voter suppression and fact-rejection
Pew Research Center:
Pew: employment at digital-native outlets rose to 16,000 newsroom staff in 2019, but was still far lower than 34,950 at newspapers or 30,120 at broadcast TV
Mark Sullivan / Fast Company:
TikTok launches a Be Informed campaign featuring videos by popular makers, aimed at educating users on how to recognize misinformation
Kelly McBride / NPR:
NPR's Morning Edition should not have allowed AG Barr to make false statements in a segment on mail-in voting without adding context and fact-checking
 Earlier Picks: 
New York Times:
NYPD proposes changes that would let it suspend reporters' credentials if they're seen as not complying with orders or if they “interfere” with police work
Sarah Perez / TechCrunch:
Facebook confirms it will launch Instagram Reels, its answer to TikTok, in the US, UK, Japan, Mexico, and ~50 other countries in the coming weeks
Todd Spangler / Variety:
Memo: Vox Media is laying off 6% of its workforce, or around 70 people, mostly affecting Curbed, SB Nation, IT and office operations, and events staff
David Folkenflik / NPR:
NPR's Q2 radio audience fell ~25% YoY; podcast downloads and app use rose ~25% YoY; NPR on track to make more from underwriting on podcasts than on radio shows
Apple updates News to include audio stories on Apple News+, a daily audio news briefing, and curated local news collections in five US cities and regions