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2:55 PM ET, August 11, 2020

Mediagazer

 Top News: 
Sara Fischer / Axios:
Facebook's new policy will label as political any promoted content by US news outlets with direct ties to political groups and ban them from the News tab  —  Facebook is rolling out a new policy that will prevent U.S. news publishers with “direct, meaningful ties” to political groups …
Reid Nakamura / The Wrap:
The anti-Trump episode of Black-ish that was canned by ABC in 2018 and led its creator Kenya Barris to sign with Netflix finally debuts on Hulu  —  The canned episode of “Black-ish” that led to a dispute between Disney and creator Kenya Barris, and Barris eventually decamping for a new deal at Netflix …
Munsif Vengattil / Reuters:
Tencent Music reports Q2 net income of $135M, up 1.4% YoY, on revenue of $997M, up 18% YoY; paid users rose 52% YoY to 47.1M  —  Munsif Vengattil, Pei Li  —  (Reuters) - China's Tencent Music Entertainment Group (TME) (TME.N) said on Monday its quarterly revenue leaped 18% …
Discussion: Tencent Music, TechCrunch and Reuters
Brian Steinberg / Variety:
Fox News to launch live-streaming outlet Fox News International in August for $6.99/month, starting in Mexico and expanding to 20 countries by the end of 2020  —  Fox Corp. is joining the parade of big U.S. media companies seeking to stream their best-known content abroad.
Discussion: Mediaite and @perlberg
Rachael Myrow / KQED:
California public radio station KQED announces layoffs of 20 staff to help address a projected $7.1M budget gap, blaming a sharp corporate sponsorship decline  —  KQED announced Monday it is laying off 20 staff members, representing 5.5% of its workforce, while a handful of other employees had their hours reduced.
Sara Fischer / Axios:
NYT is researching launching a standalone subscription for Wirecutter, akin to existing ones for Cooking and Crosswords  —  The New York Times is in the early stages of researching a consumer subscription for its product recommendation site Wirecutter, according to a job description posted on LinkedIn.
Brian Schwartz / CNBC:
Bill O'Reilly's lawyer says O'Reilly is in final negotiations to host a show in the fall on NY radio station 77 WABC, owned by Trump ally John Catsimatidis  —  - Former Fox News host Bill O'Reilly is on the brink of landing his own radio show at a station owned by longtime Trump ally John Catsimatidis.
RELATED:
Bloomberg:
Hong Kong police have arrested pro-democracy media tycoon Jimmy Lai as well as his sons and Next Digital execs under its new national security law
Eriq Gardner / Hollywood Reporter:
US judge sides with Google in a lawsuit brought by Genius, which alleged that Google scraped lyrics in violation of copyright law  —  Google may have been caught “redhanded,” but a federal judge rules that Genius hasn't alleged any viable claims not be preempted by copyright law.
Juli Clover / MacRumors:
In iOS 14, Apple News+ publishers' web links are opened in the Apple News app by default for Apple News+ subscribers, though this feature can be turned off  —  Apple News in iOS 14 and macOS Big Sur has a toggle that's designed to open web links from ‌Apple News‌+ publishers directly …
Lesley Goldberg / Hollywood Reporter:
Disney changes name of 20th Century Fox Television to 20th Television and Fox 21 TV Studios to Touchstone Television  —  No leadership changes or layoffs are expected to come with the moves.  —  To no surprise, Disney is rebranding its TV studios to remove the Fox name from two of them.
 
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 More News: 
Kevin Tran / Variety:
Data from 7Park: “Hamilton” on Disney+ reached 37% of US households in July, the largest streaming audience of 2020, ~3X that of Netflix's widest-reaching title
 Earlier Picks: 
Maxwell Tani / The Daily Beast:
Sports Illustrated staff describe mismanagement issues under Maven like the CEO hiring his relatives; Meredith has limited Maven's access to SI's photo archive
Wendy Lee / Los Angeles Times:
TikTok announces first round of recipients of its $200M US creator fund, composed of 19 creators, 6 in LA; source: at least one will receive six figures
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions

 
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