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1:55 PM ET, August 3, 2021


 Top News: 
Tony Maglio / The Wrap:
Discovery says it has 18M subscribers, most on Discovery+, reports Q2 net income of $672M on revenue of $3.06B, up 21% YoY; US ad revenue grew 12% YoY to $1.1B  —  Discovery surpassed financial expectations in the second quarter of 2021, when advertising sales and growth at Discovery+ made for a solid three-month period.
K.J. Yossman / Variety:
Discovery's deal to buy European rights for 2018-2024 Olympics, worth $1.5B, has led to severely limited free-to-air coverage in the UK, Italy, and elsewhere
Knight Foundation:
Knight Foundation announces Jim Brady as VP/Journalism; Brady has worked at WaPo, Digital First Media, and founded Spirited Media  —  Jim Brady will be VP/Journalism  —  Heidi Barker will be VP/Communications and Chief DEI Officer  —  Digital news leader Jim Brady will join the John S …
Sara Fischer / Axios:
For the first time, a film distributor will debut a movie on Facebook via a live ticketed event; the documentary “The Outsider” will launch on August 19  —  For the first time ever, a film distributor will use Facebook to debut a movie exclusively via a ticketed live event, executives tell Axios.
Lauren Easton / Associated Press:
Daisy Veerasingham named president and CEO of The Associated Press, becoming the first woman, person of color, and foreign citizen to lead the outlet  —  NEW YORK - The Associated Press today named Daisy Veerasingham as its new president and CEO, effective Jan. 1, 2022.
Leonard Greene / New York Daily News:
A staffer sues Fox News saying Andrew Napolitano sexually harassed him and Larry Kudlow made racist and sexist remarks; Fox has “parted ways” with Napolitano  —  Fox Business host Larry Kudlow repeatedly made racist and sexist remarks during staff meetings and even blocked …
Sarah Perez / TechCrunch:
Twitter partners with Reuters and the AP, who will provide context and highlight links from trusted sources for Trends, Moments, Search, and more  —  Twitter announced today it's partnering with news organizations The Associated Press (AP) and Reuters to expand its efforts focused …
Radio Free Europe/Radio Liberty:
Belarusian journalist given 18 months for insulting Lukashenko; human rights org reports 200+ July raids on offices and homes of activists and journalists  —  A Belarusian journalist has been sentenced to 18 months in prison after being found guilty of insulting the country's authoritarian leader …
Karlene Lukovitz / MediaPost:
ViacomCBS announces a multi-year distribution agreement with Cox Communications, which will now gain access to Paramount+, Showtime OTT, and Pluto TV  —  ViacomCBS announced a new multi-year distribution agreement with Cox Communications that includes greater access to ViacomCBS's streaming services …
Miranda Sawyer / The Guardian:
Some podcasters worry about the impact of huge investment into the industry, led by Spotify and Amazon, especially on indie shows  —  As big spenders such as Amazon and Spotify fill our ears with more commercial, celebrity-driven fare, can grassroots, diverse shows survive?
New York Times:
While social media companies attract attention for vaccine misinformation, researchers say local media has been a powerful conduit for anti-vaccine messaging  —  Facebook and other social media have been under scrutiny for vaccine misinformation, but local outlets have also sometimes been active.
Taylor Lorenz / New York Times:
The White House and some states are teaming up with influencers on TikTok and Instagram to encourage vaccine uptake in young people and counter misinformation
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 More News: 
Todd Spangler / Variety:
WarnerMedia and LG reach an agreement to distribute HBO Max on recent-model LG smart TVs in the US
Rick Edmonds / Poynter:
A look at, a Hearst freemium initiative that pools the resources of its Connecticut newspapers, targeting 50K digital subscriptions by early 2022
Taylor Lorenz / New York Times:
A look at Fuck You Pay Me, a Glassdoor-like service where creators can review brands they have worked with and share ad rates
 Earlier Picks: 
Dave Jamieson / HuffPost:
Sources: Washingtonian Media CEO has called staffers, held meetings, and otherwise pressured employees to vote no on the upcoming NLRB election
Robert Silverman / The Daily Beast:
A deep dive into Tim Pool's career, from livestreaming Occupy to jobs at Vice before spotlighting extremists and white nationalists on YouTube and his website
Jon Porter / The Verge:
YouTube trials a Premium Lite tier for €6.99/month in Europe, giving viewers ad-free viewing on the web, iOS, Android, smart TVs, and game consoles