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6:40 PM ET, July 26, 2021

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 Top News: 
Wall Street Journal:
NBC says the opening ceremony of Tokyo Olympics drew a combined audience of 17M across broadcast and streaming in the US, down ~36% from the 2016 Games  —  Tokyo's kickoff came a year late and without fans because of the Covid-19 pandemic  —  The kickoff of the Summer Olympics in Tokyo drew …
Brooks Barnes / New York Times:
Sources: Universal Pictures has teamed up with Peacock on a $400M deal for a new Exorcist trilogy  —  The deal, expected to be announced this week, is for more than $400 million and is a direct response to the streaming giants who are upending the film industry's economics.
The Daily Beast:
Futurism, the tech and culture outlet previously owned by Singularity University, is acquired by Recurrent Ventures, which bought MEL magazine last month  —  The buyer, Recurrent Ventures, has recently scooped up other popular niche outlets like MEL, Popular Science, Outdoor Life, and more.
Prospect:
Alan Rusbridger, the former EIC of the Guardian, has been appointed as the next editor of monthly current affairs magazine Prospect  —  The former editor-in-chief of the Guardian, Alan Rusbridger, has been appointed the next editor of Prospect, the monthly magazine which is a must-read …
Lauren Harris / Columbia Journalism Review:
Q&A with the co-founders of Local Live(s), a live storytelling project that worked with six US newsrooms last year, on humanizing reporters through live events  —  The Local Live(s) project launched amid the pandemic, partnering with newsrooms to host live online events in which journalists talk about their work.
Milly Martin / Journalism.co.uk:
Tortoise, the slow news publication started in 2019, says it now has 110,000 members, with half of new members coming from member referrals  —  The member-centred approach at Tortoise helped readers to feel connected and empowered against the backdrop of loneliness and gloom
Theo Wayt / New York Post:
Now-deleted job posts for neighborhood watch app Citizen showed it offered to pay people $25/hour in NYC and LA to livestream crime scenes and other emergencies  —  Want to make $200 a day in New York City?  Rush to the scene of a murder, a three-alarm fire or a traffic accident — then pull out your phone and start shooting.
Lucas Shaw / Bloomberg:
How Joe and Anthony Russo turned franchise development into a science, creating universes of film, TV, and more for paid streaming services' growing appetites  —  Joe and Anthony Russo went from making movies in the Marvel Cinematic Universe to creating their own worlds.  Amazon's Citadel will test their vision.
Discussion: @lucas_shaw and @lucas_shaw
The Daily Beast:
Tanzina Vega, the host of a popular WNYC news show The Takeaway, leaves amid HR complaints against her; Melissa Harris Perry will take over as interim host  —  “After three years, I've decided to leave the show,” Vega confirmed Friday on Twitter.  —  The host of a popular …
Helen Davidson / The Guardian:
Foreign journalists, including from LA Times, DW, and BBC, have faced hostile confrontations in the streets while reporting on the aftermath of China's floods  —  Reporters confronted in street and accused of ‘smearing China’ amid increasing sensitivity to any negative portrayals of China
Axios:
A look at the sharp divide in journalism in the US: journalists covering national politics and tech on the coasts prosper while local outlets continue to shrink  —  There's a sharp divide in American journalism between haves and have-nots.  While national journalists covering tech and politics …
 
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 More News: 
Helen Lewis / The Atlantic:
The rise of opinion and pushback on “objectivity” in US journalism may make politics a more common career path for journalists, like in the UK
Angela Fu / Poynter:
Analysis of 47 newsroom union units finds first contract negotiations average ~18 months and voluntary recognition doesn't seem to shorten negotiations
Joanna Tan / CNBC:
China's antitrust authorities order Tencent Music to end its exclusive music licensing deals with global record labels within 30 days and impose a fine of ~$77K
 Earlier Picks: 
Dean Takahashi / VentureBeat:
Outbrain closes flat on its first day of trading, after raising $160M in its IPO at a valuation of $1.25B
Jon Brodkin / Ars Technica:
The couple behind EcommerceBytes has sued eBay and ex-CEO Devin Wenig, as some members of eBay's security team face criminal charges for targeting them
Martin Matishak / The Record:
Sources: an NSA review finds no evidence for Tucker Carlson's claims the agency spied on him; Carlson's name was “unmasked” after third parties mentioned it