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7:50 PM ET, July 8, 2021


 Top News: 
Anna Nicolaou / Financial Times:
Jonah Peretti says BuzzFeed “invested in news beyond where the revenue could support it” in 2014-2016, thinks commerce will make up 31% of revenue by 2024  —  Jonah Peretti says he has learned from earlier ‘mistake’ and promises to grow in ‘sustainable way’
Brian Schwartz / CNBC:
Foreign lobbying disclosures show Saudi Arabia is funding a yet-to-be-announced digital news service with a DC studio and English-language content  —  - Saudi Arabia is funding a digital news platform that will feature some U.S.-based media professionals as it begins a new lobbying effort aimed at the White House and Congress.
Jonathan Swan / Axios:
Sources: Tucker Carlson accused the NSA of spying on him after he learned US officials knew he was talking to Kremlin intermediaries to set up a Putin interview  —  Tucker Carlson was talking to U.S.-based Kremlin intermediaries about setting up an interview with Vladimir Putin shortly …
BuzzFeed News:
FOIA docs show that a Fox News producer sent a very broad FOIA request to the NSA last week seeking evidence that officials were spying on Tucker Carlson
Sarah Ellison / Washington Post:
Profile of whistleblower May Edwards, who's been sentenced to six months for providing BuzzFeed News with US Treasury Department documents exposing corruption  —  By the time Natalie Mayflower Sours Edwards stood before Judge Gregory Woods in a courtroom in Lower Manhattan last month …
Naomi Osaka / TIME:
Gerry Smith / Bloomberg:
A look at Peacock as it enters its second year, considers expansion abroad, and tries to grow paid subscriptions; sources: 20% of Peacock's 14M MAUs pay for it  —  Inside 30 Rockefeller Plaza in New York last month, NBC executives revealed their long-awaited plan to use the Olympics to supercharge their streaming service, Peacock.
Brian Steinberg / Variety:
Publicis Media launches the Once & For All Coalition, a multi-year effort aimed at getting advertisers to invest in minority-owned media  —  Publicis Media said it would launch a “multi-year” effort aimed at getting advertisers to invest more regularly in media outlets that cater to people …
Discussion: MediaPost, Ad Age and AgencySpy
Peter White / Deadline:
Shonda Rhimes extends her deal with Netflix, which will now include feature films and potential gaming and VR content  —  Shonda Rhimes is sticking with Netflix.  —  The Bridgerton creator has extended her partnership with the streamer.  —  The deal, which extends the multi-million dollar deal …
Universal agrees to give IMDb TV exclusive rights to its 2020-2021 films and Amazon Prime Video 10-month rights to future films, after four months on Peacock  —  EXCLUSIVE: In another blockbuster streaming deal with a major movie studio, Amazon's Prime Video and IMDb TV have closed …
Lachlan Cartwright / The Daily Beast:
Memo: Lachlan Murdoch has told all Fox Corp. staff they're getting bonuses of $2K or more for hitting business goals while meeting responsibilities to audiences  —  BUSINESS IS BOOMING … Lachlan Murdoch has dug into the billion dollar revenues of his company, telling Fox Corporation employees they're …
Discussion: TVNewser
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 More News: 
Todd Spangler / Variety:
NFL and Twitter renew their content partnership with the NFL making a full-season commitment to produce over 20 Twitter Spaces audio chats with players
James Hercher / AdExchanger:
The Trade Desk launches a demand-side dashboard, Solimar, for ad buying and a venture capital arm; its first startup investment is in Chalice Custom Algorithms
Discussion: @ericfranchi
 Earlier Picks: 
Bonnie Kristian / The Week:
Trump's lawsuits that claim Facebook, Twitter, and YouTube violated his First Amendment rights are just PR and fundraising tools, and likely legally doomed
Marc Tracy / New York Times:
USA Today becomes the final major national daily to launch a paywall, although breaking news remains free; Gannett's digital outlets have 90M visitors per month