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3:45 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
Julia Alexander / The Verge:
TikTok says it is launching a new $200M fund to pay creators directly for their content  —  The first major monetization effort from the company  —  As TikTok continues to grow in popularity and its personalities become mainstream celebrities in their own right, the company is trying …
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 …
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.
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.
Discussion: @pressgazette
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: 
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”
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
 Earlier Picks: 
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
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
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