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1:15 PM ET, July 23, 2020


 Top News: 
Brian Fung / CNN:
Jack Dorsey says Twitter is actively exploring additional ways to make money from its users, including through a subscription model  —  Washington (CNN Business)Twitter (TWTR) is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday.
Lauren Feiner / CNBC:
Twitter misses Q2 expectations with revenue of $683M, down 19% YoY, but reports 186M mDAUs, up 34% YoY, and ad revenue of $562M, down 23% YoY; stock up 8%+  —  - Twitter reported second-quarter earnings Thursday that missed analyst expectations on revenue, but showed strong growth in users.
Rachel Abrams / New York Times:
NYT to buy Serial Productions, maker of the podcast Serial for, source says, $25M; NYT also enters marketing and ad sales partnership with This American Life  —  The Times, capitalizing on the success of its “Daily” podcast, continues an expansion into audio journalism.
Todd Spangler / Variety:
AT&T Q2: WarnerMedia operating revenue fell 22.9% YoY to $6.8B; HBO/HBO Max subscribers grew 5% in H1 2020 to 36.3M; premium TV subscribers shrank 18% YoY  —  That included a 22.9% plunge in WarnerMedia revenue, which the telco said was partly due to lower content and ad sales related to COVID-19.
Julia Alexander / The Verge:
AT&T says HBO Max has 4M+ customers; users spend 70% more time on HBO Max than on HBO Now, which is available on Roku and Amazon Fire TV  —  The question is whether those numbers were hurt by ongoing Roku and Amazon deals  —  HBO Max has signed up more just over four million customers since …
Discussion: /Film and The Streamable
Dominic Ponsford / Press Gazette:
Daily Mail owner DMGT: ad revenue fell 45% YoY and circulation revenue 12% YoY in 3 months to June 30 with an operating loss of £2M vs. £22M profit last year  —  The Mail titles returned to profit in June but saw revenue down 30% in the second quarter of the year.
Sahil Patel / Wall Street Journal:
Sports media company Religion of Sports, co-founded by Tom Brady, Michael Strahan, and Gotham Chopra, raises $10M Series A  —  Religion of Sports Media Inc. has produced series for Apple, Facebook and Showtime  —  Religion of Sports Media Inc., a media venture co-founded by NFL legends Tom Brady …
Sarah Perez / TechCrunch:
Plex launches 80+ free live TV channels accessible by both free users and subscribers with news, sports, film, classic TV, comedy, anime, and more  —  Streaming media platform Plex announced today it's further expanding into live TV with the addition of over 80 free live TV channels accessible by free users and subscribers alike.
Anthony D'Alessandro / Deadline:
AMC Theatres again delays reopening to mid-to-late August in the US, but says one third of its cinemas in Europe and the Middle East are open  —  Just because Warner Bros. took Christopher Nolan's Tenet temporarily off the release schedule doesn't mean that the No. 1 theater chain isn't going to reopen.
Discussion: Variety, The Playlist and Vanity Fair
The Markup:
Google's Keywords Planner, which proposes search terms to associate with ads, gave pornographic suggestions for “Black girls,” “Latina girls,” and “Asian girls”  —  Searching Google's ad buying portal for “Black girls” returned hundreds of terms leading to “adult content”
Breitbart likely continues to earn ad money from unsuspecting advertisers by pooling their inventory with other sites that advertisers do not deliberately avoid  —  It turns out Breitbart has continued to collect your ad dollars through a shady ad revenue-sharing ring of propaganda sites.  —  7 hr
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 More News: 
Sarah Perez / TechCrunch:
Sensor Tower: NBCU's Peacock streaming service was downloaded ~1.5M times across the US App Store and Google Play in its first six days, 25% more than Quibi
Discussion: Input and The Streamable
Sara Guaglione / MediaPost:
Forbes partners with Kerv Interactive to create branded and shoppable content for videos on to let advertisers market individual products in a video
Discussion: Talking Biz News
Shaun Walker / The Guardian:
Over 90 journalists sign a letter protesting the firing of the EIC of Hungary's, after the EIC was fired following his claims of political interference
 Earlier Picks: 
Wall Street Journal:
Sources: DOJ won't oppose Taboola's deal to buy Outbrain, which would give Outbrain shareholders $250M and 30% of new company's stock; deal faces UK hurdles
Charlotte Tobitt / Press Gazette:
UK producer ITN, which makes ITV News, Channel 4 News, and 5 News, says it's reached its target of 20% BAME staff but has a mean ethnicity pay gap of 19.4%
Jon Allsop / Columbia Journalism Review:
Media focus on Trump's “sober” or “somber” tone in Tuesday's briefing reflects a superficial obsession with style or wishful thinking about his leadership
Laura Hazard Owen / Nieman Lab:
Nieman Foundation announces a new remote visiting fellowship, focused on advancing coverage of racial justice and public health issues in the US
Casey Newton / The Interface:
Sources: Kevin Roose's tweets on Facebook stories with the highest engagement per CrowdTangle worry the News Feed team, which favors “reach”-focused metrics